Analysts expect continued decline in European coal generation in 2020

first_imgAnalysts expect continued decline in European coal generation in 2020 FacebookTwitterLinkedInEmailPrint分享Bloomberg:European coal faces another depressing year as natural gas floods the region and clean-energy policies reduce demand for the dirtiest fossil fuel.Coal use across seven European economies fell to historic lows last year, pushing benchmark rates down by almost a third to $62 a ton. The prospects for 2020 are looking equally bleak, with analysts from S&P Global Platts and Capital Economics predicting prices plunging to the $50 mark, the lowest in four years.It’s the latest indication that the economics for burning coal have collapsed in little more than a year since the commodity hit $100 a ton. Europe’s goal of zeroing out carbon emissions by the middle of the century along with ever-cheaper wind and solar power and falling gas prices all point to drastic reductions for generators that burn coal.“Although we saw coal generation pushed to minimum levels in the second half of 2019, it should fall again year-on-year in the first half of 2020 due to low gas and stable carbon pricing,” said Joe Aldina, S&P Global Platts’ head of coal analytics.For most of last decade it was more profitable to burn coal than gas in Germany, Europe’s biggest economy. That relationship was turned on its head last year as imports of liquefied natural gas and mild weather pushed down prices for the cleaner fuel, encouraging utilities to switch away from coal.The gas glut may worsen after last month’s deal between Russia and Ukraine to keep gas flowing to Europe. Construction of another direct route to Europe, the Nord Stream 2 pipeline to Germany, is expected to finish this year even though the U.S. imposed sanctions on the project.[Jeremy Hodges]More: Coal’s fortunes look bleaklast_img read more

FIFA U20 FEMALE WORLD CUP: NFF Suspends Invitation of Foreign-based Players

first_imgBy Olawale Ajimotokan in AbujaThe Nigeria Football Federation (NFF) has blocked the coaches of the national U20 female team, the Falconets from inviting professional players to camp in preparation for the FIFA U20 Female World Cup that holds in November in Papua New Guinea.The order, THISDAY gathered from reliable in-house sources, was made by the NFF board in the light of the excruciating effect of lack of funds that has almost paralysed the running of the secretariat.The federation kicked against the move by coach Peter Dedevbo for early camping of foreign based players, because it was wary of the huge cost to be incurred on flight tickets, camp allowances and accommodation of foreign based players.Dedevbo submitted his programme to the technical committee in August and proposed that 36 home based players be invited to camp. However, the coach has been under pressure from the foreign based players to be invited to camp.Since last year, NFF has been groaning to the severe effect of cash crunch arising from its inability to access its funds trapped in the Treasury Savings Account (TSA) with the Central Bank of Nigeria (CBN).Officials have determined that it would amount to wastage by inviting the foreign based players to camp along the home based at this stage when the World Cup is just two months away.The Falconets defeated South Africa to seal their place to the World Cup. The team which won silver at the 2014 event in Canada will be aiming to improve on that feat by becoming the first African team to win the competition.Nigeria is drawn in Group B against Spain, Canada and Japan. They play their first game against Japan on November 13, before meeting Canada three days later also in Port Moresby. Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Chelsea lose first game of the season

first_imgPapiss Cisse scored twice for the Magpies at St James’ Park, with Didier Drogba scoring the visitor’s consolation.But Chelsea boss Jose Mourinho was left to bemoan perceived time-wasting.Elsewhere, Arsenal had Callum Chambers sent off in a 3-2 defeat away to Stoke.  Charlie Austin scored his eighth of the season and was sent off as QPR beat Burnley 2-0 at Loftus Road to move out of the bottom three. Hull City replace them in the dropzone following their scoreless draw with West Brom – Graham Dorrans missed an early penalty for the Baggies there.There were no goals at White Hart Lane where Tottenham faced Crystal Palace. Liverpool failed to make it three wins from three with a scoreless draw with Sunderland at Anfield. Reds captain Steven Gerrard once again started the game on the bench.Manager Brendan Rodgers says the skipper’s introduction in the second-half couldn’t quite inspire his team to victory.In Scotland, Celtic are four points clear at the top of the Scottish Premiership. Anthony Stokes’ sixth minute strike gave them a 1-0 win at Motherwell. In local soccer news, Clonmel Celtic have won 4-2 at Tower FC in the 5th Round of the FAI Junior Cup, while their neighbours Clonmel Town defeated Longford Town 3-0 in the FAI U17 Cup.last_img read more

Rep Whiteford introduces plan to reform juvenile justice in Michigan

first_img06Feb Rep. Whiteford introduces plan to reform juvenile justice in Michigan ‘Raise the Age’ plan treats 17-year-olds as minors in court systemState Rep. Mary Whiteford today introduced legislation as part of a bipartisan plan to transform the way 17-year-olds are treated in Michigan’s criminal justice system.Michigan is one of just four states to automatically prosecute 17-year-olds as adults when they’re accused of breaking the law. Whiteford said eliminating this outdated practice will help rehabilitate young offenders and reduce the likelihood of them breaking the law again in the future.“Putting 17-year-olds into prison alongside older inmates puts the teenagers in harm and has been shown to have devastating psychological effects,” said Whiteford, of Casco Township. “Young offenders have much better outcomes when they go through the juvenile justice system, which has age-appropriate resources aimed at rehabilitation.”The proposal would raise the age at which individuals are considered adults for the purposes of prosecuting and adjudicating criminal offenses, allowing 17-year-olds to be treated as minors within the juvenile system in most circumstances. Prosecutors will continue to have some discretion, allowing them to waive minors who commit violent crimes into the adult system when appropriate.The plan also establishes a funding mechanism to help local counties deal with the increased costs from the uptick of juvenile offenders in the system.“It’s more effective in the long run to invest our public tax dollars in rehabilitation programs that help teenagers and their families get to the root cause of their problems,” Whiteford said. “This simple solution will help decrease the number of repeat offenders and make our communities safer.”Whiteford said no other state devotes a larger share of its budget to prisons than Michigan. In the 1970s – when Michigan’s prison population was merely 14,000 – corrections spending made up just 3 percent of the state budget. Today, about 20 percent of the general fund budget is now dedicated to corrections. Michigan’s current prison population is about 39,000.House Bills 4133-46 have been referred to the House Judiciary Committee for consideration.### Categories: Whiteford Newslast_img read more