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Australia Coal Advocates Bank on Unlikely Demand From India

first_img FacebookTwitterLinkedInEmailPrint分享Daniel Hurst for The Guardian:Australia’s resources minister has predicted India’s demand for coal will increase, even as some analysts warned him against relying on “overly bullish” forecasts.In a speech in Canberra, Josh Frydenberg said China – which is undergoing an economic transition – was “not the only game in town” and strong economic growth in India would drive increased demand for Australian resources.India is seeking to increase its own domestic coal production and also boost its reliance on renewable energy. Frydenberg acknowledged global demand for coal would fall as a percentage of the overall energy mix from 40% now to 30% in 2040, but said India would become the largest coal importer in the world by 2020.Frydenberg said absolute demand for energy in Asia was rising because of dramatic increases in population, urbanisation and a rising middle class.“The reality is that there will be significant demand for our energy and minerals going forward and this forms the basis for long-term optimism for these sectors of Australian industry,” he told the National Press Club on Tuesday.“Consider this: today India has 18% of the world’s population but represents only 6% of global energy use.”Last week, Frydenberg met with the Indian minister for coal, power and renewable energy, Piyush Goyal, who has previously suggested the country could stop importing thermal coal by 2017 except to supply coastal plants.When asked on Tuesday to reconcile India’s ambitious target with his own rosy outlook, Frydenberg said there was a “real market for Australian coal, which is low in sulphur, low in ash”. He said when considered alongside “still evolving” carbon capture and storage technology, “the picture for coal is not one-sided”.“When it comes to India, Goyal has made very clear that they still will need to import coal, they are looking for clean coal, or cleaner, that Australia has an important part to play,” Frydenberg said.“We export $5bn worth of coal annually to them. It is their real key form of baseload power. They are investing in renewables, and that’s a fantastic story, but if they are going to expand the grid, the way to do that, he made it very clear, is coal and Australian coal has a role to play.“I got the clarification that he will need Australian coal for some time to come.”Pressed on whether that demand would increase, Frydenberg said: “Based on the arithmetic I have seen, I think it will.”But Tim Buckley, the director of energy finance studies at the pro-renewables Institute for Energy Economics and Financial Analysis, urged the government to tread cautiously.“Josh Frydenberg’s general disposition is very bullish for Australian coal but several of his points are factually inconsistent with the existing data,” said Buckley, a financial markets expert.“For example, he doesn’t clarify the distinction between India’s increasing reliance on coking coal imports versus the declining Indian reliance on imported thermal coal, which is down 15% year on year.”Buckley said while four-fifths of India’s coal usage comprised thermal coal, or the type used in power plants, just 20% comprised coking coal, or the type used in steel production. This meant that coal imports were likely to experience an overall decline, with India aiming to double its domestic thermal coal production by 2020.“Energy minister Goyal has made it very clear his top priorities are driving improvement in grid efficiency, energy efficiency, solar, wind, hydo capacity expansions and a diversification away from coal over time,” Buckley said.Full article: Josh Frydenberg says India’s demand for Australian coal will increase Australia Coal Advocates Bank on Unlikely Demand From Indialast_img read more

Stresslines

first_imgStresslines Career burnout? Putting the spark back in your practice Career CounselorMondays were the most difficult days. He felt unable to think about the tasks he had set for himself. He knew why it was hard to concentrate: He was tired of the same problems and issues he had dealt with so many times before. He realized that he was utterly bored with his job and felt stagnant, mentally. Is this all there is? Is this what he worked so hard to achieve? W hat can you do when you are bored with your job? Many attorneys eventually experience a sense of understimulation in their work lives as the learning curve flattens out over the years. Adrenaline used to flow when the work was new and fresh, but over time that same work can become commonplace. Understimulation can occur at different points in a career, depending on the type of work you do and the type of person you are, as well as many other factors that can affect your feelings about your work.Under certain circumstances, understimulation at work may be cured by following a totally new career path. There are circumstances that support going for your dream in life. You may be in a position to go for the life you’ve always yearned for as a fiction writer or an aviator; or the moment may be right to take a chance on a business venture. Moving into a new field may jack up the adrenaline and reshape the learning curve, but for some attorneys a radical move may not be feasible, advisable, or timely.For some attorneys, understimulation can be instantly “cured” when life outside of work gets very active or stressful. For example, I was working with a mid-level attorney who began career counseling because she was not challenged by her job. But, after adopting a child, she realized that her understimulating job was a blessing, at least for the time being. Other stresses and physical impairments can alter one’s attitude about understimulating work. Another attorney I worked with who voiced a similar complaint of stagnation at work was relieved to have his dull job when he developed chronic fatigue syndrome.There is a take-home lesson to be gained from these experiences: The perception or sensation of boredom at work can be altered or affected by your life outside of work. A valid way to combat a sense of being “plateaued out” on the job may be to enrich and nourish yourself by developing more of a life both inside and outside your work world.What’s Wrong With Ted?Ted was an income partner at a mid-sized firm. He had established a transactional practice in corporate law that gave him some security. He had a fairly stable berth at a fairly stable firm, a wife, three college-aged kids, a home in Lincoln Park and a summer house in Michigan. His life looked good to the outside world. But Ted felt something was missing. He felt his work life was too dull and predictable.Ted had been valedictorian of his high-school class and an academic star in college as a poly-sci major. He was active in sports, did well in law school, enjoyed traveling, was well-read and loved to write.In high school his dream career had been international news reporting. He imagined the excitement of traveling the world, reporting on developments in a variety of countries on a variety of topics; enjoying what he imagined to be the ever-shifting terrain of the news reporter.As he grew older he thought often about a career in journalism, but was discouraged from pursuing this path because of the lifestyle that went with it. He wondered how he would be able to have a satisfying family life. He realized that there might be dangers involved with the work. He thought that someday he might want a less adventurous lifestyle. He didn’t think that he would be happy taking a senior desk job editing the work of front-line reporters. Ted decided to keep shopping for a career that better suited his lifestyle needs. A career in law seemed to be a good alter native. The law offered greater personal safety, intellectual challenge, and a more stable existence. He did so well on his LSAT exam that he convinced himself that law was his true calling. But after 20 years of practice, he felt profoundly bored. The issues had become too predictable, and his cases offered very little real intellectual challenge. He dreaded going to work to mull over problems he had seen before, for the same types of clients he had served for years.Lately he had had a recurrent dream that he was walking down a long institutional hallway that went on and on. There were repetitive posters on the walls every few feet, and no windows or doors to get out of the place. Ted felt that he understood the emotional message of his dream and signed up for career counseling.When Ted started career counseling, he wanted to leave the law altogether to get a steeper learning curve and more excitement in his life. But a reality check of his lifestyle and the people he cared about — who also relied on his income — caused him to slow down. When we reviewed his priorities, he realized that his highest values were his family and his lifestyle. But a close third priority was to find a way to be more involved in his job and challenged by his work.Ted had a history of becoming bored in school and in a variety of jobs. School had come easily to him. A quick learner, he inhaled information and enjoyed the challenge of learning new things. He was intellectually restless. The acquisition of knowledge was as thrilling for Ted as a new frontier must have been for a pioneer. But once he had acquired information he needed new challenges.Ted required the constant excitement of newness to be satisfied intellectually. How could he achieve that in his current practice? In our counseling work we looked at Ted’s areas of interest to determine the areas of greatest sustainable intellectual challenge. He had gotten interested in computers in the past few years. He enjoyed the rush of information and felt revitalized by his exposure to the rapidly changing world of technology. But he had never considered using his interest in computer technology as a way out of his stagnation at work.Ted began to feel revitalized by pursuing his interest in technology. He took classes in computer programming and spent time working with his own computer. He introduced new technology to his firm and became one of the few people at the firm who was truly knowledgeable about computers. He began to design his own programs. He met other people in the field. The excitement of learning in this new area has caused him to re-engage in the legal practice.Some attorneys need greater intellectual challenge, stimulation, and variety than they can obtain through their jobs. Some of my clients have steepened the learning curve by taking up a foreign language, studying the great books, learning to play the flute, learning to fly an airplane, fiction writing, developing an antique business, creating a greeting card business, learning Japanese cooking, and a host of other pursuits. By following their innate interests, these lawyers tell me they feel a rekindling of excitement and a sense of personal fulfillment that translates into greater energy for other parts of their lives. Sheila Nielsen is president of Nielsen Consulting Service, which provides career counseling for attorneys. Since 1985, Nielsen, a trained social worker and attorney, has counseled hundreds of attorneys dealing with career change and job search issues. This column is published under the sponsorship of the Quality of Life and Career Committee. The committee’s Web site is at www.fla-lap.org/qlsm. The Quality of Life and Career Committee, in cooperation with the Florida State University College of Law, also has an interactive listserv titled “The Healthy Lawyer.” Details and subscription information regarding the listserv can be accessed through the committee’s Web site or by going directly to www.fla-lap.org/qlsm. June 1, 2003 Sheila Nielsen Regular Newslast_img read more

Millennials really don’t like debt, aren’t into credit cards

first_imgMillennials hate debt, aren’t crazy about credit cards and occasionally post photos of the house or car they just bought on Instagram.That’s some of what Facebook IQ — a unit of the social network that combs through user data with an eye toward marketers — found in a report released on Monday that looks at how Americans on Facebook between the ages of 21 and 34 manage their money.“Millennials are diligent in paying down debt, careful with credit cards and dedicated to accumulated savings,” the Facebook researchers wrote. “The burden of debt weighs so heavily that millennials have redefined financial success around it, with 46 percent saying that financial success means being debt free.”The report indicated that, if you run a company that offers financial advice to millennials, the market is ripe. Young people spend plenty of time talking about their finances on Facebook, but only 37 percent have a real money-management plan in place, according to the report. People in this age category tend to be likely to save, with 86 percent saying they stash away some money on a monthly basis, but they are less likely than their parents to invest those dollars. continue reading » 24SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Delancey bids for Milner

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

SOCO: All conditions met for Angola asset sale

first_imgLondon-listed oil company SOCO International has said all conditions for the previously announced sale of its Angola assets have been met.SOCO in July announced it had entered into a sale and purchase agreement (SA) with Quill Trading Corporation and WMLC Resources to sell its entire shareholding in SOCO Cabinda Limited in Angola for $5 million.SOCO Cabinda Limited holds a 22 percent, non-operating, working interest in the production sharing contract for the Cabinda North Block, Angola.The long stop date for satisfaction or, where applicable, waiver of the SPA conditions was 30 September 2018.SOCO said on Friday: “SOCO is pleased to confirm that all substantive conditions precedent to the transaction have been irrevocably satisfied or waived. To allow a brief period to undertake the necessary mechanics of completion, the parties have agreed a further extension of the SPA long stop date to 5 October 2018. An update will be provided to the market when completion occurs.”The completion of the sale of SOCO Cabinda will mark SOCO International’s exit from Africa.The sale agreement in July followed Soco’s sale of its Congo offshore assets for $10 million to Coastal Energy late in June, covering a 40.39% operated interest in each of the Lidongo, Viodo, Lideka, and Loubana exploitation permits within the former Marine XI Block, located in shallow water offshore Congo (Brazzaville).The company’s only remaining assets are in Vietnam where Soco holds interests in three offshore blocks.Offshore Energy Today Stafflast_img read more

UEFA Champions League set for overhauling

first_img As revealed by Mirror Sport last month, the ongoing quest from senior figures at UEFA to increase the number of matches in their biggest cash-cow could now see a return of a second group stage. That format existed between 1999 and 2003, only for the round of 16 to be reintroduced and remain to this day. Another option could see the current group stage revamped to include six groups of six teams, or even eight groups of six teams should the tournament be expanded to include 48 clubs. The Champions League featured two group phases between 1999 and 2003, including this memorable 2002 clash between Liverpool and Roma (Image: Daily Mirror)Advertisement The Champions League could be extended to include four extra rounds of fixtures from 2024 if UEFA’s proposals for revamping the competition get the go-ahead. However many clubs were added, the increase in games would leave teams facing 17 matchdays if they were to go all the way to the final, in place of the current 13 that Liverpool and Tottenham played on their way to the Madrid showpiece last season. It has also been suggested that clubs who reach the last four of the Champions League would automatically qualify for the group stage of the following season’s competition regardless of their league position domestically. The moves are said to head off the threat of the World Super League favoured by FIFA and clubs such as Real Madrid , with the extra European games bringing in more revenue for the top sides. Read Also:UEFA report lays bare growing wealth gap in European football The idea is opposed by the Premier League, and one element of fallout from the increased matches could be that the bigger clubs choose not to compete in the Carabao Cup. The tournament could then revert to one that is exclusively for sides not appearing in the Champions League, thereby lessening the appeal. FacebookTwitterWhatsAppEmail分享 Loading… Promoted ContentTop 10 TV Friends Who Used To Be Enemies11 Most Immersive Game To Play On Your Table TopIs This The Most Delicious Food In The World?Can Playing Too Many Video Games Hurt Your Body?7 Non-Obvious Things That Damage Your Phone7 Ways To Understand Your Girlfriend Better6 Most Breathtaking Bridges In The World9 Most Disturbing Movie Dystopias6 Incredibly Strange Facts About HurricanesCouples Who Celebrated Their Union In A Unique, Unforgettable WayThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalThe Very Last Bitcoin Will Be Mined Around 2140. Read Morelast_img read more

Donald Frank Christman

first_imgDonald Frank Christman, 77 of Milan, passed away at his home November 2, 2016  Donald was born Saturday June 24, 1939 in Shepherdsville, KY the son of Carl and Elizabeth (Hatfield) Christman. He married Bonnie (Meyers) Christman May 28, 2005 and she survives.Donald worked as a farmer. He was a member of the Upton Baptist Church in Upton, KY, former Baptist Deacon of Thixton Lane, for many years in Louisville, KY; he enjoyed boating, driving his semi, and enjoying the simple life.Donald is survived by wife: Bonnie Christman of Milan; sons: David (Patty) Christman of Shepherdsville, Ky; Douglas Christman of Walnut Creek, CA; step-son: Dale (Jill) Miller of Moores Hill; Dean Miller of Moores Hill; step-daughter Denise (Scott) Smith, 11 Grandchildren, 7 Great-Grandchildren He was preceded in death by his first wife Arlene (Risen) Christman in 2004, one sister Evelyn Tobbe, and one brother Charles Stottman.Funeral service will be 10 AM Saturday November 5, 2016 at Sibbett-Moore funeral home with Pastor Todd Russell officiating.  Burial will follow in Hebron Cemetery in Shepherdsville, KY. Visitation will be 8-10AM Saturday also at the funeral home.  Memorials may be given to the St. Jude’s Hospital.  Sibbett-Moore funeral home entrusted with arrangements, Box 156, 16717 Manchester Street Moores Hill, IN 47032; (812)744-3280.  Go to www.sibbettmoorecom to leave an online condolence message for the family.last_img read more

FSA county committee election extended

first_imgINDIANAPOLIS, Ind. — The deadline to submit ballots for the 2016 county committee elections has been extended to ensure farmers have sufficient time to vote, according to the U.S. Department of Agriculture Indiana Farm Service Agency.Eligible voters now have until Dec. 13, to return ballots to their local FSA offices.Producers who have not received their ballot should pick one up at their local FSA office.FSA has modified the ballot, making it easily identifiable and less likely to be overlooked.Ballots returned by mail must be postmarked no later than Dec. 13.Newly elected committee members will take office Jan. 1.last_img

First two COVID-19 cases confirmed in Palm Beach County

first_imgThe first two cases of coronavirus in Palm Beach County and five more in Broward County were confirmed, among 15 new ones in the state announced Thursday night by the Florida Department of Health.The total number of cases of COVID-19 in Florida stands at 50, including 42 people currently in the state, according to the department.The Palm Beach County cases are two males in their 70s and both are travel related. The department said they will continue to remain isolated until cleared by public health officials.The 73-year-old’s case is associated with a Nile River Cruise/Tour in Egypt and the 74-year-old man’s case is associated with travel to Europe.Two other cases have been linked to Palm Beach County. A 37-year-old New York man who remains in quarantine inside his parents home in South Florida after arriving at Palm Beach International Airport aboard a JetBlue flight from New York on Wednesday night. Passenger Scott Rodman told WPTV the man found out he tested positive while on the flight.On Sunday, the Health Department in Palm Beach County announced a Pennsylvania person who attended a Palm Beach County convention in February tested positive for the virus.Eleven cases are linked to Broward County.Three of the cases announced late Thursday are travel related in Broward County — a 25-year-old female, a 36-year-old male and a 20-year-old female who is a Texas resident who went to Europe. It is unclear whether a 28-year-old wman’s case is travel related, and a 68-year old female is associated with Port Everglades.Four cases are associated with Port Everglades — all connected to or employed by Metro Cruise ServicesThe 20-year-old victim is the youngest case in the state. The oldest is an 81-year-old woman in Manatee County.Two additional cases in Broward were announced earlier Tuesday — men who are 61 and 65.On Tuesday, Broward County officials declared a state of emergency.Three other cases in the state are travel related: a 24-year old female in Alachua County, a 49-year old female who is a Hillsborough County resident associated with travel to Europe and a 70-year old male in Volusia County who is associated with a Nile River Cruise/Tour in Egypt.last_img read more

Cricket News Usman Khawaja says Australia had plans to tackle spinners, Jasprit Bumrah

first_imgUsman Khawaja hit two centuries in the series.Australia won a bilateral ODI series for the first time since 2017.Australia won a series in India after 2009. highlights For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. The left-hander made four fifty-plus scores in the series and he was ably assisted by Handscomb, who smashed his maiden century in Mohali and his fourth fifty. In most of the games, the duo employed the sweep and used their feet well to tackle the spinners. Both strung a partnership of 99 in the deciding game while Handscomb played a vital part in Australia chasing 359 in the Mohali game. When asked about how they tackled Bumrah, who took just seven wickets in the series and also failed to control the flow of runs in the death overs. “You aim to score runs towards the death overs. There is a lot of respect for Bumrah and the guys have handled the Indian pacer well,” Khawaja said. All about confidence Virat Kohli had said India had played fearlessly in the series in Australia and it helped them win a series for the first time Down Under. Khawaja, in response, said Australia seized the moments here, something which they could not in the series in January 2019. “We always had the confidence. There were a few moments in the MCG game where we had some moments and could have won the series. We did not win then. If we won in Ranchi, we knew anybody can win. The guys put their hands up in the last two games after Ranchi. It is never easy to beat India. They have the best ODI player in Virat Kohli. Rohit is an excellent player over a long period of time. The likes of Jasprit and Shami are wonderful. We had good plans to their batsmen,” Khawaja said. When asked whether there were any words of motivation after they were trailing 0-2 heading into the Ranchi ODI, Khawaja said there was no special message. “The messages have been consistent from Justin and Finch. We should have won the Nagpur ODI. We knew we were close. We were losing the 50-50 matches. There was no magic speech. Everybody was playing good cricket. Everybody is enjoying their game. Even when we lost the first couple of games, there was a good vibe in the group and we were indulging in a lot of fun activities. I think everyone is gelling very well. No one is looking too far ahead.,” Khawaja said. The left-hander said the team is not looking too far into the World Cup and they just want to enjoy this win. “It is huge. Winning a series in India is massive. Tough place to come play cricket against a very good side. They beat us in Australia. To come back from the losses in the first couple of games and win three in a row is a great feeling. I am feeling good at the moment. I am not taking anything for granted. I am enjoying the wins more. he World Cup is very far away. The five ODIs against Pakistan is coming up. We have played some good cricket. It is new games against new teams in new conditions. If you look too far ahead, you can get in trouble,” Khawaja said. Australia will play five ODIs against Pakistan with the first game beginning on March 22 while Virat Kohli’s Indian cricket team will play the Indian Premier League from March 23.  New Delhi: Australia were staring down the barrel when they were trailing the series 0-2 after losing the Hyderabad and Nagpur ODIs. However, Usman Khawaja sparked a revival, scoring 104, 91 and 100 in the three ODIs in Ranchi, Mohali and Delhi as Australia registered a remarkable 3-2 series win to clinch an ODI series in India after 10 years. Khawaja’s tally made him the most successful batsman in a five-match ODI series against India in India, overtaking David Warner’s tally of 367 runs in the 2017 series which Australia lost 1-4. Speaking in the post-match press conference after winning the Man of the Series award, Khawaja said there were some plans in place by the Australian batsmen to counter Kuldeep Yadav, Yuzvendra Chahal and India’s ace death-overs bowler in Jasprit Bumrah.  “I have been using the sweep and reverse sweep effectively in the Test tour of UAE against Pakistan. Sometimes, you get good wickets in India. When it is spinning, one has to find ways to score. One has to assess the wicket. Peter Handscomb likes to use his feet and this is how he liks to play when he assesses the conditions,” Khawaja remarked. last_img read more