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Insurance companies feel activists' heat for underwriting fossil fuels

Edit The Guardian 02 May 2016
Climate group says Australian insurers lag behind overseas companies in not divesting from fossil fuels ... Climate activists are targeting the role of insurance companies in the expansion of fossil fuel production, highlighting the impact of extreme weather events on their bottom line ... Finding out exactly how much insurers were underwriting coal and other fossil fuel projects was difficult, Vincent said....

Environmentalist activists target QBE over fossil fuel

Edit Sydney Morning Herald 02 May 2016
QBE Insurance Group has raised the hackles of environmental activists for its underwriting of fossil fuel, prompting eight activists to paste images of damaged coral reef and major fuel projects at its headquarters in Sydney.  ... The aim of the demonstration was to highlight QBE's role as a major insurer of fossil fuel projects which increase greenhouse gas emissions and drive climate change, Market Forces argues....

Over the barrel: Environmental hard truths

Edit Yahoo Daily News 02 May 2016
For the latter, it's to entrench further a fossil fuel-dominated energy system ... It will remain dependent on relatively polluting fossil fuels for the foreseeable future ... Similarly, hydro and nuclear will show robust growth but not materially reduce the dependence on fossil fuels ... investment in “greening” fossil fuels and clean-energy innovation....

In the right environment

Edit Indian Express 02 May 2016
For the latter, it’s to entrench further a fossil-fuel-dominated energy system ... It will remain dependent on relatively polluting fossil fuels for the foreseeable future ... Similarly, hydro and nuclear will show robust growth but not materially reduce the dependence on fossil fuels ... investment in “greening” fossil fuels and clean-energy innovation....

Australian super fund comes second in global green rankings

Edit Sydney Morning Herald 02 May 2016
Fossil fuel miners risk becoming "stranded assets" as government policies favour companies in the renewable energy sector.  ... Local Government Super, AustralianSuper and First State Super. Industry fund AustralianSuper, with more than 2 million members, came in seventh in the world, while First State Super, the fund for NSW government employees, is ranked 12....

Funds Ignoring Climate Risks Rose Last Year Despite BOE Warning

Edit Bloomberg 02 May 2016
The number big investors ignoring climate change risk increased last year despite a stark warning from Bank of England Governor Mark Carney’s about the potential for “huge” losses from a sudden shift in regulation designed to curb global warming and fossil fuels ... Pensioenfonds ABP and New York State Common Retirement Fund, the researcher said....

SBI may be told to merge five associate banks

Edit The Times of India 02 May 2016
The government will nudge State Bank of India, the country's largest, to actively consider merging its five associate banks. The government is looking to push consolidation among state-owned lenders and has set up a committee to identify candidates for mergers and acquisitions ... Two of the five associate banks - State Bank of Patiala and State Bank of Hyderabad - are still unlisted....

Trail Blazers-Warriors, Box

Edit San Francisco Chronicle 02 May 2016
Totals 39-97 18-21 106. GOLDEN STATE (118) Totals 43-91 21-24 118. 17 34 22 33—106Golden State Connaughton 1-2, Harkless 1-5, Crabbe 0-3, McCollum 0-4, Golden State 11-31 Thompson 7-14, Green 2-5, Barbosa 1-1, Barnes 1-3, Iguodala 0-1, Rebounds_Portland 51 (Plumlee 12), Golden State 61 (Green 13). Assists_Portland 26 (Plumlee 6), Golden State 27 (Green 11). Total Fouls_Portland 19, Golden State 22 ... ....

Kejriwal has soft corner for Haryana, says Badal

Edit The Hindu 02 May 2016
Ahead of the crucial 2017 Assembly polls in Punjab, Chief Minister Parkash Singh Badal targeted the AAP and the Congress over their stand on the SYL canal issue, alleging that both parties were planning to “rob” the State of its due share of water ... He charged the Congress with “illegally” providing water from Punjab to States like Haryana and Rajasthan which have no right over it....

Naidu vows to fight for justice

Edit The Hindu 02 May 2016
“I have never pushed State interests aside ... “A.P has the lowest per capita income among the southern States ... It is good for farmers, but the State does not get much. Urban population in A.P is 28 per cent, which is significantly lower than other States in the south ... Chandrababu Naidu on the SCS, Union Minister of State for Science and Technology Y.S ... Chaudhary reportedly stated that there was no need to give SCS to A.P....

Learning capabilities of Chandigarh students coming down, says study

Edit Indian Express 02 May 2016
Proficiency indices for each of the participating states were calculated individually and a national proficiency index too was calculated. The results of the study show a fall in the skills post-CCE for some states and only a marginal growth in others ... Out of the 27 states for which the state-wise index was calculated, only nine states registered a marginal increase in proficiency, the rest registered a drop....

Solar power deal transparent, claims Viswanathan

Edit The Hindu 02 May 2016
The tariff fixed for solar power procurement was cheaper when compared to other States ... The State decided to procure 1,000 MW of solar power in December 2012 and sent proposals to Central Electricity Regulatory Commission for approval on March 25, 2013 ... Neither the State government nor Tangedco could interfere in it, he added....

J&K; govt to implement free drug policy from June 1

Edit The Times of India 02 May 2016
Free medicines will be provided in all state-run hospitals in Jammu and Kashmir from June 1 this year and a 100-bed hospital would be constructed in the mountainous Kishtwar district ... Government had formulated a comprehensive programme for upgradation of essential services across the state during its first stint, which will be implemented in a time-bound manner, he said....
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