World Bank says no to planned Kosovo coal plant

first_img FacebookTwitterLinkedInEmailPrint分享London South East:The World Bank said on Wednesday it would not support a planned 500-megawatt (MW) coal-fired power plant in Kosovo, the first major energy project in the Balkan country in more than two decades.Kosovo’s government had asked the Washington-based lender to provide it partial risk guarantees that would help unlock cheaper loans for the project.Asked by a Kosavar civil society representative during the World Bank and the International Monetary Fund (IMF) meetings in Bali if the bank would still back the project, its President Jim Yong Kim said the lender has made “a very firm decision” not to go forward with it.“Because we are required with our bylaws to go with the lowest cost option and renewables have now come below the cost of coal…so without question we are not going to do that,” he said during the meeting, broadcast live on the World Bank’s website.It is unclear how the government will now proceed with the project which environmentalists say could lock Kosovo into a future powered by lignite. Kosovo signed a deal in 2017 with London-listed power generator ContourGlobal to build the plant at a cost of around 1 billion euros ($1.15 billion).With around 14 billion tonnes of proven lignite reserves, the fifth largest in the world, the country is struggling with power shortages and the new plant was designed to help it meet around half of the country’s power demand. More: World Bank pulls out of Kosovo coal power plant project World Bank says no to planned Kosovo coal plantlast_img read more

Mikel Arteta speaks out on Pierre-Emerick Aubameyang’s future after FA Cup semi-final victory

first_img Metro Sport ReporterSaturday 18 Jul 2020 10:46 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.6kShares Comment Mikel Arteta masterminded Arsenal’s FA Cup semi-final win against Manchester City (Picture: BT Sport)Mikel Arteta hopes the nature of Arsenal’s FA Cup semi-final win over Manchester City will be enough to convince the Gunners skipper to remain at the club beyond the end of the season.Aubameyang scored both goals as Arteta’s side overcame the odds to book a place in next month’s final against either Manchester United or Chelsea. The prolific striker has just 12 months remaining on his current contract and is said to want a three-year deal worth £250,000-a-week to remain at a club which will not compete in the Champions League for a fourth consecutive season. Speaking about his leading marksman’s future after getting one over his managerial mentor Pep Guardiola, Arteta said: ‘Hopefully it will help him to be more convinced we are going in the right direction.AdvertisementAdvertisementADVERTISEMENT‘The way he looks at it when I speak with him, he sounds pretty convinced. But if he can see the success and direction we are taking it is the right one, I think he’ll be more positive about it, yes.’ Mikel Arteta speaks out on Pierre-Emerick Aubameyang’s future after FA Cup semi-final victory Advertisement Advertisement Pierre-Emerick Aubameyang scored both goals in Arsenal’s FA Cup semi-final win over Man City (Picture: Getty)Victory at Wembley represented the second landmark victory of an impressive week for Arteta who also masterminded a 2-1 win over Premier League champions Liverpool on Wednesday.‘I’m extremely happy and proud of the players. I’m sad that we can’t enjoy this moment with our fans,’ added Arteta.‘That’s what you need against this team. You have to make the most of the opportunities and put everybody on the line. They are the best team in Europe in the way they play positionally.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘There’s a great chemistry between them [Arsenal players] and they believe in what we are trying to do and you can see that. Congratulations to them.‘They [Man City] are really good on the high press, as we are as well. We gave the ball away in dangerous situations and they are good in that transition moment but the first goal was really great. There are some things that we are trying to close down.’MORE: Robin van Persie picks out ‘absolutely fantastic’ David Luiz as Arsenal stun Man City in FA Cup semi-finalMORE: Arsenal to trigger Sporting Lisbon teenager Joelson Fernandes’ £40m release clause ‘imminently’Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.last_img read more

Surprise: Cairns mine worker’s partner buys a house while he’s away

first_img Why FNQ property worth $3M is listed for half price More from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days agoProminent Cairns businessman Clive Skarott grew up at 7 Gordon St, Earlville which was sold to Nick Aldred and Natasha Whalley-Thompson.“So I only got to look at pictures, but I sent my younger brother to inspect it on my behalf and trusted Tash and now we have a house.” Ms Whalley-Thompson said she was drawn to the 1960-built home because “the old lady” had some character.“We really didn’t want a standard four-bedroom cookie cutter home,” she said. “We’ll get into some renovations on this and it really will be our home. “We’re only the second owners so we knew there wouldn’t be any surprises.” She said the purchase was made easy with help of RE/MAX agent Gisele George. “I’m really grateful because Gisele was there every step.” RE/MAX agent Gisele George said the home sold for $330,000. “It was a really lovely seller and a really lovely young couple bought it, that’s why I love my job.”“He was planning renovations, she was facetiming him, and everyone was getting to see it, and poor old Nick didn’t get to see it because he was in lockdown. But he was planning on where to put the shed. It was lovely. It fully settled today. The seller let them move in a week early when he arrived home from Weipa.” Nick Aldred and Natasha Whalley-Thompson are the proud new owners of 7 Gordon St, Earlville – the former family home of Cairns Hospital board member Clive Skarott. Picture: SuppliedTheir offer was accepted by the vendor just days before the Queenslander was set to go under the hammer on July 9, but Mr Aldred only saw the property for first time on Monday, when the couple received their keys. As a contractor working with Rio Tinto in Weipa, Mr Aldred’s typical fly-in, fly-out routine was altered to almost three months straight in the Cape town due to COVID-19 biosecurity measures. “It was just a lot easier for us to stay up there,” he said. The former Cairns One residents had only returned to Australia 12 months ago after spending about six years working on super yachts across the Mediterranean region. “We’d been looking for our own place for a while and Tash told me about this place,” Mr Aldred said. Cairns agency makes a mark in nation’s top 50 Nick Aldred and Natasha Whalley-Thompson are the proud new owners of 7 Gordon St, Earlville.You’d want to have some solid trust to pull this one off: A mine worker’s partner bought their first home while he was away bringing in the coin, and thankfully the surprise worked out well for them both. A long, trusting relationship has played a crucial factor in the settlement of a first home for this Cairns couple.Natasha Whalley-Thompson and Nick Aldred are the proud new owners of 7 Gordon St, Earlville – the former family home of Cairns Hospital board chairman Clive Skarott. MORE: The apartment wowing rural property chaserslast_img read more