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The World Bank will offer political risk insurance to carbon investors

The World Bank plans to offer insurance to investors in carbon offset projects in developing countries, to protect against the risk that government intervention could damage their expected returns. The group’s insurance arm, the Multilateral Investment Guarantee Agency, is “working with investors on some live projects,” UK head and global carbon markets leader Deepti Jerath said in an interview . “We’re responding more on a case-by-case basis, but with the goal of creating some standardization in the market.” Political risk has become a more pressing concern in recent months as governments have become more aware… [ad_2] Source link

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The now-former head of the Hopkinton Democratic Town Committee is accused of criticizing political rivals on social media using several different pseudonyms.

The Hopkinton official used pseudonyms to criticize political rivals

HOPKINTON — Controversy over an elected official’s use of multiple pseudonyms to criticize political opponents and stoke divisive rhetoric has highlighted a problem in local politics and social media, political pundits and talk hosts say community On June 5, the online news site HopNews reported that Darlene Hayes, president of the Hopkinton Democratic Town Committeeas well as an elected member of the Hopkinton Housing Authority Board of Commissionershe had used more than 20 different pseudonyms while posting in the comments section of the website — with most of the commentary critical of his local political opponents. “Darlene Hayes’ behavior is…

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Assembly Speaker Craig Coughlin, far left, and Senate President Nick Scutari, far right, look on during Gov. Phil Murphy's budget speech at the New Jersey Statehouse on Tuesday, 28 February 2023.

StayNJ’s property tax abatement is a political gamble for Phil Murphy

New Jersey’s Democratic Party power triumvirate did their best last week to sell the importance — and certainty — of one of the grandest benefits ever promised to Trenton: a credit that could reduce up to 50% off senior property tax bills. . The Big Three used more sales pitch superlatives than an over-caffeinated QVC host selling flashy watches at 2am. “There’s a lot to be excited about in this program, and if you’re a senior, this is a great day for you,” said Assembly Speaker Craig Coughlin, D-Middlesex, the lead architect of StayNJ. what he doesn’t have yet. -Approve…

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3 San Antonio officers charged with murder in fatal shooting of woman in her apartment

CNN — Three San Antonio police officers were charged with murder Friday less than 24 hours after they shot a woman during a police call, the police chief announced. Officer Eleazar Alejandro, 28; Sgt. Alfred Flores, 45; and Officer Nathaniel Villalobos, 27, are suspended from the force without pay while the investigation continues. “The actions of the shooting officers were not consistent with SAPD policies and training, and they placed themselves in a situation where they used deadly force that was unreasonable given all the circumstances as we now understand them,” Chief William McManus said at a news conference. friday…

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New York smoke: Experts explain why Canadian wildfires are causing dangerous air quality in the US

NEW YORK CITY (WABC) — Raging Canadian wildfires blanket the northeastern United States in a dystopian haze, turning the air acrid, the sky yellowish-gray and prompting warnings for vulnerable populations to stay indoors. The effects of hundreds of wildfires burning in western provinces as far away as Quebec could be felt as far away as New York City and New England, blotting out skylines and irritating throats. US authorities issued air quality alerts. Foggy and smoky conditions have been reported from wildfires in the Great Lakes region from Cleveland to Buffalo. A smoky haze that hung over New York City…

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Russia-Ukraine War: List of Key Events, Day 472 | Weapons news

As the war enters its 472nd day, these are the main events. This is the situation as it stands on Saturday, June 10, 2023 Collapse of the Nova Kakhovka Dam European Union foreign policy chief Josep Borrell said “everything indicates” that Russia was responsible for the Kakhovka dam explosion. “The dam was not bombed. It was destroyed by the explosives installed in the areas where the turbines are located. This area is under Russian control,” Borrell told Spanish public television. U.S. spy satellites detected an explosion at the Kakhovka Dam before it collapsed, The New York Times reported, citing an…

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Investigators say they will examine voice recordings and data from the mother ship carrying the submarine bound for the Titanic before it imploded.

CNN — A week after the submersible Titan began what turned out to be a catastrophic underwater journey to the wreckage of the Titanic, killing all five people on board, US officials outlined their next steps in investigating the disaster. The U.S. Coast Guard announced Sunday that it has convened a Marine Board of Investigation to investigate the implosion, the “highest level of investigation the Coast Guard conducts,” said the Guard’s chief investigator US Coast Guard Captain Jason Neubauer. The group will be tasked with determining what caused the tragedy and making possible recommendations “to the appropriate authorities to pursue…

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WRC – Breaking News – Neuville disqualified from Safari Rally Kenya

Thierry Neuville has been disqualified from Safari Rally Kenya on Sunday evening after event stewards found the Belgian had carried out illegal reconnaissance activities during the rally. The Hyundai Motorsport driver finished eighth overall in the seventh round of the FIA ​​World Rally Championship but was disqualified by the event’s stewards after a hearing at the rally base in Naivasha. The commissioners summarized the conclusion of the report received from the secretary, of course, which was initiated independently by the organizers of the Safari Rally. He indicated cases where an unauthorized person was seen, after reconnaissance, driving on routes that…

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