French pension investors call for moratorium on Arctic oil, gas activity

first_imgA statement about the initiative describes it as “an urgent call to protect the Arctic from future oil exploration activities and align national climate-change pledges with the future of the region, which hosts significant hydrocarbon resources”.It says the investors are seeking “an unlimited moratorium on oil and gas activity in the Arctic high seas” and sets out a sub-set of demands that amount to a tightening of the operating environment for oil and gas companies active in, or targeting, the Arctic high seas – “the ultimate Arctic frontier that does not pertain to any single national sovereignty”.The sub-set of demands includes a call for companies to disclose publicly the licenses they hold in the region and how their plans to use these licences “fit with their broader climate-change mitigation commitments”.The initiative was announced yesterday, 3 November, seemingly to coincide with a high-level international event on climate finance being held in Casablanca today, which is also the day the December 2015 UN-brokered Paris Agreement on climate change enters into effect.Philippe Zaouati, chief executive at Mirova, said: “On the eve of Climate Finance Day in Casablanca, we would like to involve both companies and policymakers so as to take the Arctic issue to the next level and seek greater protection for the region.”Today’s entry into force of the Paris Agreement, which commits signatories to take action to keep global warming to within 2 degrees Celsius above pre-industrial levels, has generated a flurry of comments and announcements from a range of organisations and companies.The corporate group Oil and Gas Climate Initiative (OGCI), for example, today announced an intention to invest $1bn (€900m) over the next 10 years “to develop and accelerate the commercial deployment of innovative low-emissions technologies”.And in a tweet, the Institutional Investors Group on Climate Change said: “On 4 Nov, institutional investors will celebrate both hope & opportunity as the #ParisAgreement enters into force!” *Actiam, AXA Group, Bank J. Safra-Sarasin, BNP Paribas Investment Partners, Boston Common, Church of Sweden, Danske Capital, EdenTree, ERAFP, Friends Fiduciary Corporation, Ircantec, Mirova, Natixis Asset Management, Nei Investments, Pax, Préfon, Skandia, Trillium and Zevin French pension investors and asset managers are at the forefront of a call for an indefinite moratorium on oil and gas activity in the Arctic high seas from a international group of institutional investors.Nineteen investors* with more than €5trn in combined assets under management are backing the initiative, led by French pension investors ERAFP, Ircantec and Préfon, as well as Natixis Asset Management and its responsible investment arm Mirova.The call is aimed at oil and gas companies that have been involved in oil exploration in the Arctic, as well as members of inter-governmental forum the Arctic Council (Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the US).It will also be sent to Council permanent participants (organisations representing Arctic indigenous peoples) and observers (open to non-Arctic states and inter-governmental and non-governmental organisations).last_img read more

Andrew Luck injury update: Colts QB (lower leg) won’t practice this week

first_img“You have to be able to make a call and move from there,” Reich told reporters, “whether we’re full speed with Andrew after that third preseason game (Aug. 24) or if at that point we are going with Jacoby.” Related News Luck was spotted on the field prior to Saturday’s preseason win over the Browns, but wasn’t in uniform.Given he has been limited to just three practices since April and won’t be on the field this week, it’s becoming more unlikely that Luck will start under center next month. Odell Beckham Jr. on Giants trading him to Browns: ‘They thought they’d send me here to die’ Colts coach Frank Reich today: QB Andrew Luck will not practice this week. The issue remains a matter of “full speed movement vs. pain threshold.”Team, ideally, will want to know his status for Week 1 next Monday. That’ll be 13 days shy of the season opener.— Zak Keefer (@zkeefer) August 20, 2019The Colts have been cautious with Luck, who suffered a strained calf this spring and is also dealing with a sprained ankle. Reich said last week he wants to decide by the third preseason game whether Luck or backup Jacoby Brissett will be the opening-game starter.center_img Julio Jones’ agent headed to Atlanta to talk new Falcons deal, report says Andrew Luck will take the week off to allow his body more time to heal.Colts coach Frank Reich on Tuesday said his quarterback will continue to be absent from practice as the team’s Sept. 8 regular-season opener against the Chargers approaches, noting the issue remains a matter of “full speed movement vs. pain threshold.”last_img read more

Wellington Police Notes: Thursday, Feb. 18, 2016

first_imgWellington Police notes for Thursday, February 18, 2016:4:53 a.m. Lars B. White, 27, Wellington was issued a notice to appear for no proof of insurance, driving in violation of restrictions and speeding 46 mph in a 35 mph zone.•8 a.m. Officers investigated unlawfully hosting minor consuming alcohol in the 700 block E. Harvey, Wellington.•8:55 a.m. Officers took a report of found purse in the 700 block S. Jefferson, Wellington.•9:30 a.m. Officers assisted an outside agency in the 2000 block N. H, Wellington.•10 a.m. Loretta L. Wiley, 32, Wellington was arrested and confined on a Cowley County Bench Warrant for probation violation.•10:21 a.m. Officers investigated criminal use of a weapon, possession of a stimulant and possession of drug paraphernalia of a known suspect(s) in the 600 block N. C, Wellington.•10:30 a.m. Officers investigated identity theft in the 700 block N. Jefferson, Wellington by known suspect.•11:25 a.m. Officers conducted a courtesy motor vehicle accident report  which occurred Feb. 17, 2016 in the 1700 block E. 16th, Wellington involving vehicles operated by Brooke N. Brown, 22, Wellington and Kendra T. Woodward-Hernandez,20, Wellington.•4:01 p.m. Officers investigated a theft of currency by a known suspect in the 900 block W. 7th, Wellington.last_img read more