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Editorial: Will U.S. Companies Walk Away From Their Cleanup Promises?

first_img FacebookTwitterLinkedInEmailPrint分享The nation’s leading coal companies are increasingly filing for bankruptcy, leaving behind enormous tracts of scarred terrain and rising doubts that they will ever meet their legal commitments to repair the earth. Concern is growing that the companies and their debtors will use Chapter 11 bankruptcy protection to force the costs of mine reclamation onto taxpayers, despite the industry’s standing obligations to pay.The profits of Big Coal have been plummeting in a shifting energy market. Abundant supplies of cleaner natural gas have replaced coal as the fuel of choice in an increasing number of power plants, while the industry has been disappointed in its plans to expand overseas into China and other markets. Jobs have disappeared, a major topic on the campaign trail. Also at stake in the more than three dozen bankruptcies declared in the last three years are hundreds of millions of dollars in cleanup obligations, primarily in the Appalachian coal fields.Companies insist they will not shirk their reclamation duties. Unfortunately, their track record is not good in West Virginia, where the mining method called mountaintop removal — the systematic dynamiting of summits to get at underlying coal seams — has devastated the Appalachian landscape, polluted waterways and driven entire hamlets into retreat. “Lipstick on a corpse,” was how Ken Hechler, a former West Virginia congressman, described the industry’s cosmetic repairs to the state’s mesa-like remains of mountains.The court fights are focusing on a loophole, called self-bonding, in the 1977 federal surface mining control law. This allowed state regulators to recklessly let companies, in profitable times, offer a mere promise to cover reclamation costs instead of requiring that they purchase bonds as insurance. The fear is the industry will use bankruptcy to see their obligations to banks and hedge funds paid first, leaving little for environmental cleanups.“Bankruptcy courts need to hold strong and not let financial institutions pocket the money and leave a huge part of Appalachia out to dry,” Peter Morgan, a lawyer for the Sierra Club, told the reporter Michael Corkery of The Times. Similar concerns are growing in other coal-producing regions, westward to Wyoming. The latter produces 40 percent of the nation’s coal and has $2.25 billion in company promises that supposedly will be there for extensive reclamation jobs.The industry was shocked when Peabody Energy, the world’s largest private-sector coal producer, filed for bankruptcy protection in April. It continues to operate but carries $1.47 billion in self-bonding liabilities. Officials in Illinois are now beginning to wonder whether Peabody will carry through on its pledge to clean up at three old mines.In West Virginia, where politicians have traditionally gone easy on the companies, the mood is hardening as Big Coal vanishes. A special assistant state attorney general has been appointed to pressure the industry’s lenders to share responsibility for the mine cleanups. Industry will make its case in court hearings scheduled next month. Taxpayers can only hope the bankruptcy courts there and elsewhere hold Big Coal to its obligations to fully pay for its decades of severe damage to the environment.Will Big Coal Pay to Clean Up Its Messes? Editorial: Will U.S. Companies Walk Away From Their Cleanup Promises?last_img read more

Changing your credit union’s name

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » Sometimes a federal credit union (FCU) considers a name change. One common reason for this might be that over time, changes in the FCU’s field of membership could mean the original name no longer reflects the credit union’s membership. From a branding and marketing perspective, the name may inaccurately signal to the public that the FCU is not “for them.” As an example, a FCU that used to be a community charter may have converted to that of a multiple common bond at some point and expanded its service area. Having a name tied to a particular geographic place may make it difficult to attract new members in other locations.Our members sometimes ask whether NCUA has issued guidance on FCU name changes. According to the agency, there are two general paths a FCU can consider here. One is to adopt a “trade name,” where the legal name of the credit union does not change, but the credit union utilizes another name in its advertising. Specifically, section 740.1 of NCUA’s regulations states:“§740.2   Accuracy of advertising.No insured credit union may use any advertising (which includes print, electronic, or broadcast media, displays and signs, stationery, and other promotional material) or make any representation which is inaccurate or deceptive in any particular, or which in any way misrepresents its services, contracts, or financial condition, or which violates the requirements of §707.8 of this subchapter, if applicable. This provision does not prohibit an insured credit union from using a trade name or a name other than its official charter name in advertising or signage, so long as it uses its official charter name in communications with NCUA and for share certificates or certificates of deposit, signature cards, loan agreements, account statements, checks, drafts and other legal documents.” (Emphasis added.)last_img read more

Binghamton City School District’s reason for pushing back in-person learning

first_imgWilson says staffing will not be an issue if the district does decide to go to in-person learning, and that the district has communicated in a multitude of ways with the community. “Back to the numbers that we saw in early September,” Wilson said. “If we see that trend, then we’ll make a decision based on those numbers” Students were supposed to begin in-person learning on Monday. Students will continue to remote learning. BINGHAMTON (WBNG) — The Binghamton City School district announced yesterday they will be pushing back the in-person start date. The district says they will be following the number of cases during the week, then will make a decision.center_img Eric Wilson, Executive Director of Human Resources and Operations says the district hopes to see the trend of cases reverse itself.  District officials say the reason for the push back is the recent spike in COVID-19 cases in Broome County. Wilson says the district is physically ready to open and wants kids back in school.  “It’s where they belong,” Wilson said. “It’s where the best learning happens. And we just need to wait out this particular spike in infections.”last_img read more

Arsene Wenger wants return to management at 2022 World Cup in Qatar

first_imgAdvertisement Comment Arsene Wenger is plotting a return to management (Picture: Getty Images)Arsene Wenger plans a return to management in the near future and is aiming to be in charge of a team at the 2022 World Cup in Qatar.The 69-year-old has not managed a side since leaving Arsenal in 2018 after 22 years in the dugout in north London.The Frenchman has always insisted that he is not retired and expects to find a new role in management, a sentiment that he still sticks to ahead of his 70th birthday next month.Wenger has not ruled out a return to club management, but firmly has his eye on managing a nation for the first time at the World Cup in three years.AdvertisementAdvertisementADVERTISEMENTWhen asked about the possibility of managing in Qatar in 2022, Wenger told BeIN Sports: ‘I could see myself working for a team. I will have enough time, distance with my last job, and I would not be against that.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘It will be interesting because you have some countries that have shown quality, especially Qatar who has just won the Asian Cup.‘It will be interesting to see how they develop, but overall I must say I always wanted to go to the World Cup because I felt it is the job of a manager to be where the best football players in the world play football.‘Hopefully, you will see me, touch wood in Qatar in three years’ time.’Wenger confirmed that he has turned down offers to return to coaching since leaving Arsenal last year, but he has made the most of his break from the game.‘You will see me in a dugout again, when, I don’t know exactly,’ the veteran boss continued. ‘I enjoyed a bit to take a distance. I had a reluctance to go back into the heat again.‘I still cannot live today with the fact that I will never be on the bench again. I might go for an intermediate position.‘What I want for sure is to share what I know, and what I have learnt as much as I can in the game.‘I would like to experience one more time the intensity of the competition.’MORE: Dani Ceballos’ class reaction as Alexandre Lacazette scores for Arsenal against TottenhamMORE: Tony Adams backs Dani Ceballos to be the key for Arsenal’s attacking trio Phil HaighWednesday 4 Sep 2019 10:27 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy linkcenter_img Arsene Wenger wants return to management at 2022 World Cup in Qatar Advertisementlast_img read more

Contemporary Gold Coast home keeping it classy in a flashy city

first_imgThe property at 96 Clear Island Rd, Broadbeach Waters is luxurious without being over the top.THE Glitter Strip is renowned for its extravagant and flashy waterfront homes.But the fact that this Broadbeach Waters residence isn’t over the top is exactly what attracted owners Jennifer Franklin and Stephen Fleming to it.Its minimalist and contemporary style gives it an air of sophistication and elegance without compromising luxury. The kitchen is contemporary and versatile. The outdoor area is like a retreat for its owners. The media room is perfect for movie marathons. It’s the perfect spot to kick back and relax.From its high ceilings and walls of floor-to-ceiling windows to plantation shutters and a fresh neutral palette, the Clear Island Rd house is just as lavish as many others on the Coast but much more versatile.The couple bought the waterfront property about a year ago after briefly living in another one on the Gold Coast that Ms Franklin described as “over the top”.They initially came from interstate looking for a lifestyle change.“We came up from Sydney and wanted to have a bit of a life change — live on the water and get a boat,” she said.After deciding the first house they moved into was far too extravagant for them, they went looking for another that better suited their personal style. MORE NEWS: House will bowl you over with its fun inclusionscenter_img Its minimalist style gives it a classy edge.As soon as they walked through this property’s front door, Ms Franklin knew it was the right fit.She said it immediately felt like “an easy house to live in”.“It just flows really well,” she said.The single-level house has an open kitchen, living and dining room that connects through sliding glass doors to an alfresco area with a built-in barbecue. The outdoor area overlooking the saltwater pool and canal was Ms Franklin’s favourite spot.“We sit outside all the time because it’s under cover,” she said.“We have breakfast out here every day.”The main bedroom also has access to the alfresco area through sliding glass doors as well as a walk-in wardrobe and ensuite. More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago MORE NEWS: Motorsport legend lists luxury pad The main bedroom also has water views.The remaining three bedrooms all have built-in wardrobes.The media room is a highlight of the home while the couple have added extra storage, new carpets and security cameras.Mr Franklin said it was going to be sad to leave but they were moving back to Sydney to be closer to family.“This house we absolutely adore, if we could pick it up and take it back to Sydney we would,” she said. “But somebody is going to come and love it just like we did.”last_img read more

‘Schizophrenia at its very depths’ drove mother to kill eight children

first_imgStuff 4 May 2017Family First Comment: Myth – Marijuana never killed anyone…. “Along the way the court heard details of the 40-year-old’s descent into “schizophrenia at its very depths”, likely exacerbated by years of heavy cannabis use, and culminating in her being in a psychotic state when she killed eight children under the age of 15…. The court heard cannabis was commonly linked to the onset of schizophrenia in those already vulnerable to the illness.” #saynopetodopeThe first to die was the family’s pet duck, killed in an attempt to rid the house of evil.By then, Raina Thaiday had already been on a cleaning frenzy for a week, scrubbing the ceilings of her Australian home and tossing possessions out into the yard in a bid to “cleanse” the house.But it was when she heard a dove’s call, which she interpreted as a sign from God, that she decided she must “kill her children in order to save them”.The Mental Health Court of Queensland last month ruled, in a decision not made public until Thursday, that Raina Mersane Ina Thaiday was of unsound mind when she stabbed to death seven of her children and a niece in her home in Cairns on December 19, 2014.“To her way of thinking at the time, what she was doing was the best thing she could do for her children. She was trying to save them,” Justice Jean Dalton said, exempting the mother from trial and confining her to mental health treatment.Along the way the court heard details of the 40-year-old’s descent into “schizophrenia at its very depths”, likely exacerbated by years of heavy cannabis use, and culminating in her being in a psychotic state when she killed eight children under the age of 15.The court heard cannabis was commonly linked to the onset of schizophrenia in those already vulnerable to the illness.Thaiday kicked a 10-20 cone a day habit in the months before the slaughter, leading psychiatrists to question whether her “psychosis” was a form of withdrawal, before mostly rejecting the notion.Instead, Dr Jane Phillips and Dr Donald Grant agreed it was more likely the illness began to affect her while she was still using cannabis, causing to her to develop “religious delusions” that “forced her to live a clean life”.“Altogether it amounts to a very convincing body of evidence that Mrs Thaiday was psychotic at the time of the killing,” Justice Dalton said.She ruled Thaiday had the defence of unsoundness of mind available to her and issued a forensic order for ongoing mental health treatment.READ MORE: up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

Two arrested on multiple drug charges

first_imgJEFFERSON COUNTY, Ind. — Two people have been arrested on multiple drug-related charges in Jefferson County.According to Indiana State Police, Tia M. Rasler, 34, of Madison is facing charges of Possession of Methamphetamine, Possession of Marijuana, Possession of Drug Paraphernalia, and Neglect of a Dependent, while Matthew J. Oney, 34, of Versailles is being charged with Possession of Methamphetamine, Possession of Drug Paraphernalia, and Invasion of Privacy.During a traffic stop, police became suspicious of criminal activity, and a K9 officer alerted the trooper to the odor of illegal drugs.A search revealed methamphetamine, marijuana, and drug paraphernalia.A small child was also in the vehicle and was released to a family member.last_img

Delays on both Eastbound and Westbound lanes of I-74

first_imgDearborn County —The Indiana State Police say to watch for delays on I-74 this morning in Dearborn County as a disabled commercial motor vehicle on I-74 Eastbound at exit 164- St. Leon exit, where a tanker trailer hauling liquid sugar broke in the middle. Also, crews are also on the scene of a semi fire on I-74 Westbound at 167-mile marker near Harrison where the interstate is down to one lane.last_img

Southampton winger Lloyd Isgrove extends Barnsley stay

first_img The winger, 22, joined the Sky Bet League One team in October and in 11 appearances has helped to keep them clear of the relegation zone. His original agreement was scheduled to expire on January 3, but he is now expected to play in the Johnstone’s Paint Trophy Northern Area final against Fleetwood on Saturday. Press Association Southampton’s Lloyd Isgrove has extended his loan deal at Barnsley until January 23.last_img

Back to school

first_imgStudents rejoin the hustle and bustle as they walk to class through Hahn Plaza. After the traditional New Student Convocation welcomed transfer students and spring admits, campus is back in full swing as the spring semester officially began on Monday, Jan. 12.last_img