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California, New York and Virginia Restate Commitment to Federal Emission Rules

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first_img FacebookTwitterLinkedInEmailPrint分享Annalee Grant for SNL:Some states, however, restated their commitment to complying with the Clean Power Plan, expressing disappointment in the high court’s decision. California Governor Jerry Brown had harsh words for the Supreme Court justices who voted in favor of granting the unprecedented stay.“As the world gets hotter and closer to irreversible climate change, these justices appear tone-deaf as they fiddle with procedural niceties,” Brown said in a Feb. 9 statement. “This arbitrary roadblock does incalculable damage and undermines America’s climate leadership. But make no mistake, this won’t stop California from continuing to do its part under the Clean Power Plan.”New York Governor Andrew Cuomo in a statement posted to his official Twitter account reaffirmed his state’s commitment to moving forward with “actions to protect the environment and public health.” Cuomo called the stay “a disappointing setback in the nation’s efforts to address climate change.”Virginia Governor Terry McAuliffe also vowed to “stay the course” and continue working toward a compliance strategy.Full article ($): Carbon rule planning ends in some states, as others plan to stay the course California, New York and Virginia Restate Commitment to Federal Emission Ruleslast_img read more

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Coal Industry Paid Lavish Executive Bonuses as Companies Collapsed

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first_imgCoal Industry Paid Lavish Executive Bonuses as Companies Collapsed FacebookTwitterLinkedInEmailPrint分享Benjamin Storrow for the Casper (Wyo.) Star Tribune:In 2011, the coal industry went on a shopping spree. China’s economy was humming, and there seemed no limit to the amount of coal the country’s steel mills could consume. America’s coal companies, sensing an opportunity, rushed to acquire mines that produced the metallurgical coal essential to steel fabrication.Arch Coal paid $3.4 billion cash for the International Coal Group. Peabody Energy plunked down $5 billion for a majority stake in Australia’s MacArthur Coal. And Alpha Natural Resources shelled out $7.1 billion for Massey Energy, a metallurgical miner based in Appalachia.Executives at the three firms were handsomely rewarded in the following years. The three companies paid their respective management teams a combined $186 million in stock awards, incentives and other forms of compensation between 2012 and 2014, according to a Star-Tribune review of the firms’ financial filings.Their companies did not benefit to the same degree. Alpha, Arch and Peabody have failed to record an annual profit since 2011. Two of the firms, Alpha and Arch, are now in bankruptcy, and Peabody may soon join them.The story of their demise is now well-known. Chinese demand faltered, metallurgical coal prices collapsed and American mining firms watched as the domestic market for thermal coal contracted, decimated by cheap natural gas.But executives’ lavish pay packages, and the acquisitions that preceded them, are now drawing increased criticism as mining firms move to cut payroll, reduce retiree benefits and unload old debts.Peabody and Arch laid off a total of 460 miners at their North Antelope Rochelle and Black Thunder mines on the same day last month. The companies have not said how much the cuts will save. But based on the average annual coal miner’s wage of $82,000, the layoffs would save the pair around $37 million in annual wages, or 84 percent of the $44 million Peabody and Arch paid their executives teams in 2014.Alpha is seeking to cut retiree benefits for some 4,580 nonunion miners and their spouses. That move is expected to save $3 million annually, or about 14 percent of the $20.8 million Alpha paid its management in 2014.“The behavior of these executives seems to me pretty outrageous. They could see the handwriting on the wall,” said Gary Hufbauer, a senior fellow at the Peterson Institute for International Economics in Washington, D.C. “The numbers are there. They started paying themselves out way back in 2012 or early 2013 when the numbers were turning.”The coal industry is hardly alone in offering its executives generous compensation. CEO pay at America’s largest firms grew by 997 percent, adjusting for inflation, between 1978 and 2014, according to data compiled by the Economic Policy Institute, a think tank.But the nature of the coal industry sets the compensation industry executives received apart, observers say. The mining sector is cyclical. Fortunes rise and fall with commodity prices. And coal executives should have recognized they were entering a metallurgical market at or near its height, critics argue.Peabody paid its top executive accordingly. Boyce’s total compensation was $9.5 million in 2012, $10.8 million in 2013 and almost $11 million in 2014, according to filings with the U.S Securities and Exchange Commission.Arch, like Peabody, has continued to hand out bonuses to its executives in recent months. Seven Arch executives, including Eaves, Drexler and Lang, received about $8 million in bonuses three days before the company filed for bankruptcy in January, according to the Wall Street Journal. Eaves received $2.78 million on Jan. 8, while Lang and Drexler collected $1.75 million and $1.17 million respectively.Alpha Natural Resource in January submitted a request in bankruptcy court to pay its executive team up to $14.8 million in bonuses. The additional compensation, which is contingent on Alpha’s financial performance, was needed to address a decrease in executive pay and to navigate a complexities of bankruptcy, the company said.Alpha later reduced the request to $11.9 million — an amount ultimately approved by a federal bankruptcy judge. Alpha has recorded the biggest losses of the three firms analyzed for this story. The company lost $4.4 billion between 2012 and 2014. Bankruptcy filings for 2015 put its losses for that year at $1.3 billion.And like its peers, Alpha rewarded its executives handsomely since its $7.1 billion purchase of Massey Energy. The company paid its management team about $62 million between 2012 and 2014. The value of the company, meanwhile, plummeted. When Alpha released its restructuring plan last month, it set a minimum bid for the sale of its most productive mines. The sum was $500 million.As coal company profits fell, mining firms rewarded executives handsomelylast_img read more

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Credit union shares reach $1 trillion

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first_imgCredit union member savings hit $1 trillion for the first time ever during the second quarter of 2015, according to Callahan & Associates.The Washington-based firm compared year-over-year data from the second quarter of 2014 to the second quarter of 2015. Over the year, regular shares grew by 9.1% and share drafts grew by 8.4%, the firm said. continue reading » 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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Progress to Modernize Science Education Standards Continues as Content Team Announced

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first_img Education,  Press Release Governor Tom Wolf announced the progress continues on updating Pennsylvania’s science education standards. The Department of Education (PDE) today briefed the State Board of Education and identified 60 education professionals to serve as content experts to draft the new standards. A draft of the revised benchmarks will be publicly available this fall.The state board initiated the review last year to revise the standards and align them with current research and best practices, including a review of Next Generation Science Standards.“Science is a vital part of our educational system and an integral component in a changing economy,” Governor Wolf said. “My administration has been making significant investments in science education through PAsmart, and we must modernize science standards so students have the knowledge and skills for good careers in emerging industries.”Science standards serve as the basis for curriculum development and instruction in schools. Currently, the state Board of Education regulations include two sets of standards related to science – Science and Technology and Environment and Ecology.“The Wolf administration recognizes that expanding access to computer science and STEM education is critical for preparing our students for an ever-changing workforce, and that updating science standards is an important part of this initiative,” said Secretary of Education Pedro A. Rivera.As part of its review, PDE held a series of 12 public meetings engaging more than 900 stakeholders earlier this year to receive feedback from educators, parents and other community members. A detailed report of all stakeholder input was compiled to inform the recommendations of the committee drafting the new standards.“Hearing directly from educators, parents and other individuals at public meetings is essential to helping the board develop new standards,” said Board Chairperson Karen Farmer White. “We look forward to receiving the recommendations from the committees as the next step in this priority project.”The department also sought volunteer content experts to serve on the committee drafting the new standards. The board today approved 60 education professionals to serve on the Content Committee and an additional 18 individuals to serve on a Steering Committee to work in tandem with the Content Committee.View a list of committee members.As part of his commitment to science and technology education, the governor launched the innovative PAsmart initiative to support K-12 computer science and STEM education, registered apprenticeships, and job training.For more information about Pennsylvania’s education policies and programs, please visit the Department of Education’s website or follow PDE on Facebook, Twitter, or Pinterest.View this information in Spanish. Progress to Modernize Science Education Standards Continues as Content Team Announced May 06, 2020center_img SHARE Email Facebook Twitterlast_img read more

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Multinational Dow to concentrate European DC plans in Belgium

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first_imgChemicals giant Dow is to concentrate its European defined contribution (DC) schemes in a Belgium-based cross-border pension fund, starting with its Dutch DC plans.It is to place the Dutch DC plans – with combined assets of €45m and 1,900 participants – with UnitedPensions, the cross-border vehicle of Aon Hewitt.However, Dow’s current closed defined benefit (DB) plan in the Netherlands, comprising €2.5bn of pension assets, will remain with its Dutch pension fund, the company made clear in a newsletter.Ed d’Hooghe, Dow’s director of human resources and vice chairman of the Dutch scheme, said the firm’s DC scheme in the UK was to be next to join United Pensions, to be followed by its DC pension funds in Belgium, France, Germany, Italy and Spain. He made clear the decision was aimed at achieving benefits of scale and costs savings, as well as improving the portability of pensions for staff moving between countries. Dow to relocate DC schemes to Belgian cross-border fundCurrently, Dow has three DC plans in the Netherlands, two of which are being implemented by a low-cost DC vehicle (PPI), i-PensionSolutions, and the third by Dow Pensioenfonds itself.D’Hooghe indicated that the decision to relocate the Dutch pensions was in part triggered by the PPI contracts expiring and Dow developing plans for European DC arrangements.“After comparing the propositions of Dutch PPIs, we concluded that the international option would be the best.”According to d’Hooghe, UnitedPensions’ life cycle came on top in a survey by consultants Mercer and Milliman.He said that the pan-European pension fund would also be cheaper to run in the longer term after more Dow schemes have joined.“As we are satisfied with the current solution, starting a cross-border DB pension fund does not seem to be efficient”Ed d’Hooghe, Dow director of human resources and vice chairman of its Dutch schemeIn conformity with Dutch legislation, the Dutch participants of the cross-border scheme will have the choice between fixed and variable benefits after retirement, and will also be entitled to shop around for the best deal.However, Aon Hewitt in Belgium will also offer benefits, Dow made clear.The company’s Dutch pension fund will continue to independently implement its remaining DB plan.According to its vice chair, it had a sufficient number of active participants and funding of 117.5% as at the end of November.“We want to improve coverage to more than 120% and subsequently start reducing investment risk,” said d’Hooghe.He said that setting up a pan-European DB scheme, as Dupont, BP and ExxonMobil have done, was not a priority for Dow.“This would require a significant transition. As we are satisfied with the current solution, starting a cross-border DB pension fund does not seem to be efficient,” he explained.last_img read more

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MPs urged to reconsider allowing police ‘discretion’ over drugs

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first_imgNewsHub 8 May 2019Family First Comment: It’s important that young people fear prosecution of using illegal drugs because it’s a “deterrent from use”. – Family First NZMPs have been pleaded to rethink a clause in proposed drug law reforms that would allow discretion for police to prosecute for possession and use of drugs.The Misuse of Drugs Amendment Bill intends to address the harm caused by synthetic drugs, and others, by ensuring that those who import, manufacture, and supply the drug are targeted – not those who use them.But some submitters to select committee on Wednesday said they’re concerned about “discretion” not being clear enough. They also said the “therapeutic” approach might encourage young people to try drugs.Ross McCook, chief executive of Auckland charity group Heart for Youth Trust, said while he had no arguments about cracking down on synthetic drugs, he was concerned about the health-based approach expected of police.“How can police make that decision? What does that even mean?” he asked. “Police are going to throw their hands up and say it’s too difficult.”McCook added: “Criminal conviction is the only thing stopping children from trying drugs. We need compassion but we also need a bar that’s going to be preventative.”Under the proposed law changes, people caught possessing and using illegal drugs would face lighter charges. Police would not prosecute for possession, and personal use would merit an approach where users would be considered for rehab.Bob McCoskrie, national director of conservative Christian lobby group Family First New Zealand, told MPs it’s important that young people fear prosecution of using illegal drugs because it’s a “deterrent from use”.McCoskrie said: “We support the intent of the Bill to allow [police] consideration [of a health-based approach], but not requirement of a health-based approach for low-level or first-time drug use and possession.”READ MORE: https://www.newshub.co.nz/home/politics/2019/05/mps-pleaded-to-reconsider-allowing-police-discretion-over-drugs.htmlKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

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10 signs you’re with the person you should marry

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first_img Sharing is caring! 230 Views   no discussions Share We all know it’s common to “kiss a lot of frogs” before finding the right partner. The good news? It’s all worth it, because once you do find your match everything else begins to fall into place. Last year, I was insecure about having a serious boyfriend when I didn’t have full-time employment. I thought I had nothing to offer without a cool job, but the man I adore ended up helping me get to where I need to be career-wise, and the individual you’re meant to end up with will do the same and more. You may not immediately know that your significant other is going to be your spouse someday, but here are some signs that you two are bound for life.10. You have similar long-term goalsThis doesn’t necessarily mean you’re in the same line of work. That can be good too, but wanting the same things long-term — whether it’s having kids, a house, or lots of vacations — will help you through any obstacles you may face.9. You like each other’s familiesIt’s true that you don’t just marry your soulmate, but his/her family as well. Many people complain about the in-laws and this doesn’t indicate your union is doomed, but life is so much easier when everyone gets along for the most part. I’m lucky my current beau’s parents and sister are awesome, but a former flame’s dad was unkind and distrustful of me, so I figured out pretty quickly that I hadn’t met the right guy yet.8. You miss him/her when you’re apartWanting to be with the person you love all of the time doesn’t make you needy or annoying. It shows you cherish that person deeply and understand every experience — whether big or small — is better with him/her around. I enjoy watching The Simpsons in bed, but I always laugh harder at Homer’s antics when my S.O. is there cackling with me. Alone time is healthy, but so is wanting to giggle and chat with your favorite person in the world after a rough day at work.7. You’re always thinking about how your decisions affect each otherConsidering a new job? You’re also thinking about how it would fit with your S.O.’s schedule and needs, especially if you live together and share finances. This works both ways, so if he’s mulling over a drastic career change and wants to move to the other side of the world or country, he should also want to take you with him.6. You don’t want any secretsFor the longest time, I was scared to stay over at my boyfriend’s house because I had a major sleeptalking/walking problem that had been going on for years. I was embarrassed about doing something ridiculous in the middle of the night but he assured me he wouldn’t judge my behavior — he just wanted me there. Sure enough, I was so relaxed with him that my sleep yelling/walking issues went away in his presence. I’m glad I explained my hesitation up front so we could find a solution.The closer you are to someone, the more important things you’ll reveal about yourself — from your salary to your family history. The more they know, the more they understand you. The less-than-appealing stuff is important, too. The right person wants all of you, not just his/her idealized version of you, because that’s not real.5. Other people comment on how great you are togetherIf parents, friends, siblings and relatives can see how happy you make each other, you know it’s going to last. On that note, how cute are Emma Stone and Andrew Garfield? You don’t need to know them to understand what an awesome pair they make. These two should get married TODAY.4. You’ve survived tough times and blowoutsAs much as I admire couples who claim they never fight over anything, I think there’s something to be said about having productive arguments. Life partnership isn’t all snuggles and kisses, so it’s important to know you can get through disagreements before you tie the knot. There will be many rough days when you’re exhausted, chasing screaming children around the house and having unpleasant conversations about money and taxes, but if you can get through the fighting and awkward discussions without too many tears, you can handle marriage.3. You don’t have to look nice for each other all the timeThough you still like to dress up and surprise the other person with a pretty outfit, you two can be messy and lazy around each other and not even think twice about it.2. You’re a good teamTo paraphrase my former D.C. mentor Matt Lewis, it’s crucial to choose a partner with whom you can go to battle. As earlier stated, life presents us with plenty of battles, and the person you marry should be willing and able to fight them alongside you. That person should also be like a good reliable teammate. This may sound unromantic, but having someone who is there for you day in and day out, for better or worse, is as sweet as it gets.1. You already know what you’d say during your wedding vowsWhen it comes to the other person, you can always articulate what makes him/her so amazing and why you’ll be there for them forever. Whether you’re “engaged to be engaged” or just having fun dating, you know you’re going to love this person until the very end. You want everyone to recognize how lucky you are to have this person in your life.Hello Giggles LifestyleRelationships 10 signs you’re with the person you should marry by: – August 28, 2014center_img Tweet Share Sharelast_img read more

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Batesville Middle School Wrestlers Battle Madison

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first_imgBatesville Middle School Wrestlers were put back on the mat Tuesday night as they hosted visiting Madison Junior High.The evening started out on a high note as Nathaniel Robinson and JT Linkel both had wins by fall.  Nathaniel set the bar high as the 80 pound grappler had a quick 30 second pin in the first period.As the night progressed with great performances from both teams, the additional pins from Jackson Wooldridge and Alex Plemmons let off a great deal of excitement in the Middle School Gym.Even though the Bulldogs were defeated 81-30, 20 hard fought matches were witnessed.  The evening ended with junior varsity action, where the bulldogs saw a win by fall from Chris Lainez.The Bulldogs will be back on the mat Thursday evening as the Fighting Knights from South Dearborn visit for a 5:30 Match.Submitted by Cassie Mumaw.last_img read more

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Jimmie Rollins

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first_imgThis year Jimmie Rollins, a veteran baseball player, is playing for the Los Angeles Dodgers.  This is special to Jimmie because it is Jackie Robinson’s old team.  Rollins stated in Sports Illustrated that when he first wore the No. 42 it was a surreal feeling.Rollins grew up in Oakland and as a kid watched his mom play professional softball.  Right then and there he decided he wanted to play baseball in front of crowds of people.  Besides his mom’s influence, he watched Ricky Henderson play for the A’s.    Ricky had a flair that intrigued Rollins, so he would practice sliding into base like Henderson.  To his mom’s dismay, he was doing it in their living room.Every year Jimmie honors Buck O’Neill, a negro league pioneer, by wearing his socks high every Sunday.  For those of you who are too young to remember, in the old days no one wore their baseball pants down to their ankles.last_img read more

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Sissoko wants more of the same

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first_imgMoussa Sissoko is hoping there is much more to come from Newcastle after announcing his arrival on Tyneside in style with a match-winning display against Chelsea. Sissoko’s introduction to English football has been little short of spectacular, and the early signs are that the fee his new employers paid for him – officially undisclosed, but understood to be in the region of £2million – is another bargain. He continued: “I gave 100 per cent, the very best I could. I was signed to do that, to give everything to fight from the first to the 90th minute. “That’s what I tried to do, even though it’s not always easy. I went out there from the very first minute until the very last minute and worked as hard as I could.” Sissoko’s heroics made him an instant hit at St James’ Park as the Toon Army rose to acclaim a new talisman. He said: “I’m settling in really well. When I am not training, I walk around the city and the supporters will come over and ask me for an autograph, and it makes me feel fantastic when that happens.” The 23-year-old France international’s second-half double rescued victory from the jaws of defeat for the Magpies as the European champions succumbed late in the day once again. Alan Pardew’s men moved six points clear of the relegation zone as a result but January signing Sissoko knows there is still much hard work to do. He said: “I am very happy, but we can’t forget the fact that this was a team performance. The team worked together. I played well, but it was a team effort. We came away with three points as a team and I hope we can go away and continue to perform like that to climb up the Premier League as high as we possibly can.” center_img Press Associationlast_img read more

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