USA Risk Group Announces New Employees and Office Move

first_imgMontpelier, VT USA Risk Group announced today its expansion of its Burlington offices. They have recently hired two experienced captive insurance account managers, Jenny Denison and Judy McNally to assist in the continued captive growth of the Group.With the two new hires, the Burlington office will be taking new office space in the Gateway Plaza office building at 30 Main Street, Suite 450 in Burlington effective December 12th.USA Risk Group is a leading alternative risk service provider with offices in Arizona, Bermuda, BVI, Cayman Islands, New York, South Carolina, Vermont, and USVI. Business Insurance recently named USA Risk Group the 2nd largest independent captive manager and 7th largest in the world. Further details on USA Risk Group are available at www.usarisk.com(link is external).last_img read more

Poland’s Government Resists a Clean-Energy Transition

first_imgPoland’s Government Resists a Clean-Energy Transition FacebookTwitterLinkedInEmailPrint分享Konrad Krasuski for Bloomberg News:The government’s position is unapologetic: While backing coal, it also seeks to reduce subsidies for renewable energy, which needs to “stand on its own feet,” Piotr Naimski, Szydlo’s leading energy security adviser, said last week. The governing Law & Justice party also introduced a bill to parliament that would require more distance between wind parks and homes, making new investments in such energy more difficult.The Polish renewable energy lobby says the four-month-old leadership in Warsaw is missing a trick.“The growing conflict between energy policy in Poland and the rest of the EU may prompt more companies to build up their own green power resources here or to import clean electricity,” said Beata Wiszniewska, managing director of the group. “Poland is being barred from participation in the current global energy revolution.”Yet with demand from corporate clients, which typically accounts for three-quarters of customers, utilities say they are being forced to adapt.PGE SA, the utility that operates Belchatow lignite-coal power plant, the EU’s largest polluter, plans to reduce carbon emissions by a quarter by 2030. Tauron Polska Energia SA, 94 percent of whose generation comes from coal, has been increasing green power sales for 2016.Under EU law, large consumers must reduce their carbon footprints, or the amount of carbon dioxide they release into the atmosphere. They purchase clean energy and either consume it or sell it back to the grid to offset their consumption of coal-fired electricity.“Polish coal will remain the dominant energy source for years,” Bartlomiej Kubicki, an analyst at Societe Generale SA in Warsaw, said in e-mail. “But pressure is mounting for renewables as corporate customers seek to reduce their carbon footprints.”In Land of Europe’s Dirtiest Power, Companies Stage a Revolutionlast_img read more

Council backs plan to close three units at Dallman coal plant in Springfield, Ill.

first_imgCouncil backs plan to close three units at Dallman coal plant in Springfield, Ill. FacebookTwitterLinkedInEmailPrint分享The State Journal-Register:It was a debate years in the making. But, when it came time Tuesday evening to debate a resolution endorsing the retirements of three of City Water, Light and Power’s four coal-fired units, it took just minutes for the Springfield City Council to make their decision.Council members voted unanimously to support the nonbinding resolution, which supports CWLP’s recommendation that Dallman Units 31, 32 and 33 be retired in favor of purchasing additional power from other sources, such as natural gas and renewables.CWLP’s proposed timeline for units 31 and 32 — the two oldest and least productive — stayed the same, with the units expected to come offline no later than the end of this year.If the plants close as planned, it will largely mirror the recommendations CWLP received last year from The Energy Authority (TEA), an energy consulting firm hired to create an “integrated resource plan” to map out the utility’s power generation for the next two decades. That future, according to the firm, does not include those three units, which it recommended be taken offline “as soon as feasible” as “no scenario economically retained these units.”Between annual lost savings and doing the necessary work to keep up with environmental regulations, Brown said that retaining units 31 and 32 would cost $100 million over the next five years. Retaining unit 33 would also cost $100 million within that span.Brenden MooreMore: Council approves resolution supporting CWLP’s impending retirement of three coal-fired unitslast_img read more

Kotoko v Eulma preview: How Fabulous plan to beat the Algerians

first_imgHead coach of Ghana’s Asante Kotoko, David Duncan has said the former continental champions will be balanced in their approach as they host Algerian side MC Eulma in the second 1/16th round of the 2015 Orange CAF Champions League on Sunday at the Baba Yara Stadium, Kumasi.Duncan who joined Kotoko, barely a fortnight ago and led the team to a goalless draw game in the first leg tie in Algeria a fortnight ago told Cafonline.com, the Porcupine Warriors will seek to progress at the expense of the visitors.He said: “We will be balanced in our approach. We will deploy men to attack when necessary. We always go into matches with the aspiration to win and this one will not be different. “We have a high pedigree in African football and hope to use this as a psychological advantage to overcome our opponents. The technical team is working on the psyche of the players to get them in the right shape of mind to give us the desired results.”       Kotoko, winners in 1970 and 1983 must avoid a scoring draw and win to advance in the competition they play as Ghana’s sole representative and Duncan who previously coached rivals Hearts of Oak says his team is not oblivious of the task ahead.     Preps Highlighting their preparations for the match which could be decided on penalties should both sides settle for another goalless draw, he said all grounds were covered for such outcomes.    Duncan said that “we have time in our training sessions to rehearse on penalty kicks in order to improve on the techniques”, as Kotoko chase a place at the mini-league stage for the first time since 2006.The coach who sounded cautiously optimistic said that the intentions of his team would be to parade a strong side, keep their shape and a clean sheet in their envisaged forward march.The Ghana champions have a documented history of failed attempts at reaching the last eight of the continent’s elite club competition since 2006–last_img read more