DIRS.INFO The most relevant business & tech news

☆ Defying Pope's calls for climate action, US Catholic bishops cling to fossil fuels
▼ + stars: | 2023-11-29 | by ( Richard Valdmanis | ) www.reuters.com time to read: +9 min

The ongoing investments in the U.S. reflect a long-running rift between U.S. Catholic bishops and the pope on how to address global warming. The pope's Laudato Si encyclical urged immediate action against climate change, declaring that "highly polluting fossil fuels need to be progressively replaced without delay." The Vatican bank, which is separate from APSA, also does not invest in fossil fuels, a bank official said. Notably absent are any dioceses in the U.S.Reuters reviewed the financial reports published by two dozen of the nation's more than 170 Catholic dioceses, including several of its largest, and found that few provide details on specific investments. He called the enormous financial gains by oil companies "immoral profits."

Persons: Pope Francis, Remo Casilli, Dan DiLeo, Peter Marlow, Anne, Marie Welsh, William Lori, Joshtrom Kureethadam, Chieko Noguchi, Noguchi, USCCB, Sabrina Danielsen, Danielson, Richard Valdmanis, Philip Pullella, John Mair, Suzanne Goldenberg Organizations: Catholic, drillers, U.S . Conference of Catholic Bishops, Catholic Church, Reuters, Justice, Peace, Creighton University in, Vatican, Opportunity Fund, Collective Investment, Archdiocese, Development, American Petroleum Institute, Christian Brothers Investment Service, Investment, BP, Shell, Creighton University, U.S, Thomson Locations: United States, Dubai, Creighton University in Nebraska, U.S, APSA, Vatican, Ireland, Germany, Archdiocese, Boston, Chicago, San Francisco, Erie , Pennsylvania, Texas, San Antonio, Austin, Fort Worth . Erie, Erie, Baltimore, Paris, Saudi Aramco, PetroChina, India, Vatican City, Berlin, Sydney

☆ Insight: Defying Pope's calls for climate action, US Catholic bishops cling to fossil fuels
▼ + stars: | 2023-11-29 | by ( Richard Valdmanis | ) www.reuters.com time to read: +10 min

The ongoing investments in the U.S. reflect a long-running rift between U.S. Catholic bishops and the pope on how to address global warming. The pope's Laudato Si encyclical urged immediate action against climate change, declaring that "highly polluting fossil fuels need to be progressively replaced without delay." The Vatican bank, which is separate from APSA, also does not invest in fossil fuels, a bank official said. A CCF official said energy and fossil fuels stocks make up between 3.5% and 6% of archdiocese investment funds, and that CCF uses its shareholder status to press for corporate environmental improvements. He called the enormous financial gains by oil companies "immoral profits."

Persons: Pope Francis, Dan DiLeo, Peter Marlow, Remo Casilli, Anne, Marie Welsh, William Lori, Bernard Hebda, Saint, Joshtrom Kureethadam, Chieko Noguchi, Noguchi, USCCB, Sabrina Danielsen, Danielson, Richard Valdmanis, Philip Pullella, John Mair, Suzanne Goldenberg Organizations: Catholic, drillers, U.S . Conference of Catholic Bishops, Catholic Church, Reuters, Justice, Peace, Creighton University in, Vatican, Opportunity Fund, Collective Investment, Archdiocese, Minneapolis, Catholic Community Foundation of Minnesota, CCF, Development, American Petroleum Institute, Christian Brothers Investment Service, Investment, BP, Shell, Creighton University, U.S, Thomson Locations: United States, Dubai, Creighton University in Nebraska, U.S, APSA, Vatican, Ireland, Germany, Archdiocese, Boston, Chicago, San Francisco, Erie , Pennsylvania, Texas, San Antonio, Austin, Fort Worth . Erie, Erie, Baltimore, Saint Paul, Paris, Saudi Aramco, PetroChina, India, Vatican City, Berlin, Sydney

☆ Voting closes in New Zealand election, counting set to begin
▼ + stars: | 2023-10-14 | by ( Lucy Craymer | ) www.reuters.com time to read: +1 min

[1/3] People head to the polls to vote in the general election in Auckland, New Zealand October 14, 2023. REUTERS/David Rowland Acquire Licensing RightsWELLINGTON, Oct 14 (Reuters) - Voting closed in New Zealand’s general election at 7:00 p.m. (0600 GMT) on Saturday and counting was set to start, with provisional results due later this evening. Polls predict that the nationalist New Zealand First Party will hold the balance of power. The party was Labour's coalition partner in 2017 but has said it will not work with Labour again. In the 2023 election a party or coalition needs 61 of Parliament's 120 seats to form a government.

Persons: David Rowland, Lucy Craymer, John Mair Organizations: REUTERS, Rights, ACT Party, New Zealand First Party, Labour, New, Thomson Locations: Auckland , New Zealand, New, New Zealand

☆ Australia govt to change petroleum tax, LNG projects to pay more
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 6 (Reuters) - Australia will change its Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry, moves that should increase revenue by A$2.4 billion ($1.6 billion) over the next four fiscal years, Treasurer Jim Chalmers said on Saturday. "Under the current rules, most LNG projects are not expected to pay any significant amounts of PRRT until the 2030s. The Treasury review of gas pricing was started under the previous conservative government. Chalmers said both reviews had found that aspects of the PRRT were better suited to oil projects than LNG projects, and the deductions cap and other changes would help address that. There is expected to be a substantial improvement in the budget position due to higher than expected commodity prices boosting revenues.

The World Health Organization said last year the syrups, made by Indian manufacturer Maiden Pharmaceuticals Ltd, contained lethal toxins ethylene glycol (EG) and diethylene glycol (DEG) – used in car brake fluid. "If you ask and you don't get informed, it's a dead end," Rutendo Kuwana, the WHO's team lead for incidents with substandard and falsified medicines, told Reuters in an interview on March 31. Drug inspectors found a dozen violations at Maiden last October related to the production of the cough syrups sold to Gambia, a government document showed. Among these, some of the COAs of raw ingredients used in making the syrups, including propylene glycol, were missing batch numbers. Kuwana said the WHO was sure of its own cough syrup test results from two separate independent laboratories, both of which showed contamination.

☆ Australia PM tests positive for COVID, to work from home
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: 1 min

SYDNEY, Dec 5 (Reuters) - Australian Prime Minister Anthony Albanese said he had tested positive for COVID-19 on Monday afternoon and would work from home while isolating. read more"I encourage anyone who is unwell to test and to take any extra precautions to keep their families and neighbours well," Albanese said in a statement. Albanese is due to make a two-day trip to Papua New Guinea on Dec. 12-13. It is the second COVID infection for Albanese, who was sidelined for some of the federal election campaign earlier this year after a positive test. Reporting by John Mair; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

A UN study last year found "negligible" correlation between household food waste and gross domestic product, indicating most countries "have room to improve." "We do have a long way to make the goal," said Jean Buzby, the food waste liaison at the U.S. Department of Agriculture. The USDA, the Environmental Protection Agency and the Food and Drug Administration agreed in 2018 to tackle America's food waste together. A spokesman for New Zealand's environment ministry said the country is finalizing its baseline food waste estimate so it can establish a target. SLOWEST GAZELLEIn California, which has America's most ambitious climate policies, officials are trying to ensure food waste goes to composting, not landfills.

Search resuls for: "John Mair"

7 mentions found