University reports 5 cases this week while cases in the University remain low

first_imgDespite higher cases in 0th week, both the number of positive tests and the positivity rate of tests conducted has remained low throughout term, with a slight spike in 2nd week. The number of tests conducted through the University’s Early Alert Service also appears to be slowly falling. The University’s status and response website notes that these figures do not include tests conducted outside of the Early Alert Service. The University has confirmed 5 cases of Covid-19 amongst staff and students from Early Alert Service tests for the 6th of February to the 12th of February with a positivity rate of 6.2% and 81 tests administered in total. The number of cases reported remains at the same level as last week, with a slight increase in tests taken through the Early Alert Service. In the 7 days up to the 15th of February, 153 positive cases were recorded in Oxford, with a rate per 100k of 117.4 cases according to the UK government’s data.  last_img read more

Alabama utility to bill customers $740 million for environmental upgrades at closing coal plant

first_img FacebookTwitterLinkedInEmailPrint分享 William Crawford Gorgas Electric Generating Plant near Parrish is set to be retired in April, but Alabama Power customers will be repaying about $740 million in costs related to the Walker County coal power plant long after it closes, according to documents the company filed with the Securities and Exchange Commission.Alabama Power’s parent group, Southern Company, disclosed in its latest public 10-K filing that “approximately $740 million of net investment costs [from Plant Gorgas] will be transferred to a regulatory asset at the retirement date and recovered over the affected units’ remaining useful lives.” That will allow Alabama Power to recover the costs of investments it made in the coal-fired power plant, plus a profit margin set by the Alabama Public Service Commission, from customers through their electric bills.Among those costs, Alabama Power spent more than $400 million at the plant since 2010 on environmental upgrades, in efforts to keep the plant — which has been in operation since 1917 — in compliance with tightening federal environmental laws, including the U.S. Environmental Protection Agency’s MATS (mercury and air toxics standards) rule, meant to limit the amount of mercury emitted to the air at coal-fired power plants.Critics like the Southern Alliance for Clean Energy – an environmental group that pointed out the $740 million — said the power company was spending too much money on keeping old coal plants in operation rather than exploring other options, such as converting to natural gas. “A number of people, including us, wanted Plant Gorgas to be retired back in 2015 rather than investing $300 million to keep the plant going,” said John Wilson, research director for the SACE. “And now Alabama Power customers will be paying for this, for these past years of continued investments in that plant.“And that really could have been avoided. Maybe not the whole $700 million could have been avoided, but certainly somewhere between $300 and $400 million could have been avoided if they had taken earlier action to recognize that this plant was not economical in the long run.”The company blamed costs associated with environmental mandates when announcing the plant would close. The company has not announced plans to add any new plants or facilities due to the closing and has said that it does not anticipate any layoffs among the employees at the plant.More: Alabama Power customers to pay $740 million after coal plant closes Alabama utility to bill customers $740 million for environmental upgrades at closing coal plantlast_img read more

Wednesday people roundup

first_imgBNP Paribas Investment Partners – Marc Fleury has been appointed head of sales for the corporate and endowments department, while Anne Dille‐Weibel has been given the role of head of sales for the insurance department. Katherine Simons has also been hired as head of global RFP (request for proposal). Fleury started work at BNP Paribas in 2007, where he was head of the sales team at the bank’s indexed and systematic investment arm THEAM. Dille-Weibel has most recently been responsible at BNPP IP for co-ordinating sales to insurance companies internationally. Simons has previously worked at Franklin Templeton, where she ran the company’s global RFP activity.Bank J Safra Sarasin – Karsten Junius joined Bank J Safra Sarasin as chief economist. Before, he was principal economist at the International Monetary Fund.Partnership – Costas Yiasoumi has been hired by specialist insurer Partnership as director of defined benefit solutions. He was previously head of longevity solutions at Swiss Re and executive director at JP Morgan Chase.Hermes Fund Managers – Michael Russell is joining Hermes Fund Managers as deputy portfolio manager of Hermes US Small and Mid Cap Equities. Russell comes to Hermes from a job as senior portfolio manager of the global developed markets equity funds at Nomura Asset Management.British Private Equity & Venture Capital Association (BVCA) – Tim Farazmand is to take over as chairman of the BVCA from this month, the association said. He is the managing director at LDC. He will replace the previous chairman Simon Clark. Lloyds Bank – Rob Carruthers has been appointed to the new position of business development director for financial institutions in the UK regions. Carruthers has been working at Lloyds Banking Group since 2009 and has previously worked at Commonwealth Bank of Australia, CIBC World Markets and Scotiabank.HSBC Global Asset Management – Nacho Font has been appointed by HSBC Global Asset Management to represent the company’s smart-beta investment activities to internal and external clients. He joins the company from Japanese asset manager DIAM International, where he was a business development manager and equity product specialist. Stephen Tong has been hired to take charge of the HSBC Global Asset Management’s global equities activities, having previously worked at Vontobel Asset Management as managing director and head of emerging market portfolio management. Emmanuelle Harboun and Yasmina Slimani have also joined HSBC Global Asset Management on the UK-based product specialists team, and Apiramy Jeyarajah has been hired in the new role of senior product development manager on the asset manager’s passive investment product range.Waverton Investment Management – Ian Enslin has been appointed to the charities team at Waverton Investment Management. He will focus on managing segregated, multi and single asset class investment mandates. Enslin joins from Newton Investment Management, where he managed similar strategies for charities and institutional investors. PPF, LD, EIOPA, BNP Paribas, Safra Sarasin, Partnership, Hermes, BVCA, Lloyds Bank, HSBC GAM, WavertonUK Pension Protection Fund – Elaine Wiscombe has been appointed by the Pension Protection Fund as its new head of operations for its new in-house member services function. She comes to the PPF from Aon Hewitt, where she was a client relationship manager. Before then she was an operations manager for Ensign. Lønmodtagernes Dyrtidsfond (LD) – Peter Engberg Jensen has been appointed to the board, replacing Hans Ejvind Hansen, who has decided to step down, the pension fund said. Engberg Jensen, who joined the LD board yesterday, was managing director of Nykredit from 2006 until September last years.European Insurance and Occupational Pensions Authority (EIOPA) – Alberto Corinti, executive board member of the Istituto per la Vigilanza sulle Assicurazioni, has been appointed by EIOPA as a member of its management board. last_img read more

Mourinho feeling cheated of victory

first_imgChelsea manager Jose Mourinho was left feeling cheated by Jan Vertonghen’s role in Fernando Torres’ sending off – an incident the Portuguese claims cost them victory at Tottenham. “And this player is a fantastic player, but he is a special guy because three days ago he left the Aston Villa striker naked and it was not a penalty or a red card. “He should not have played this game. Vertonghen should not have played this game – he should have been suspended for a red card against Aston Villa. “You go on YouTube, it is top of the ridiculous situations in football. It is ridiculous, the boy is naked. “Today he changed the game, he changed the game, so I am not happy.” One thing that did please Mourinho, though, was the display of Juan Mata. Left out of the starting line-up, the Spain international was instrumental in Chelsea’s second-half turnaround. “I think this is the way players should say ‘I want to play’,” Mourinho said. “Blah, blah, blah is not good. Conversation with you (the media) is not good. The agents blah, blah, blah behind is not good. “Good is this, good is the effort he made against Swindon. It is the way he changed the team in the second half. “And because of that, I am a very happy and I say with 72 hours in advance he plays Steaua Bucharest. He won that by himself.” Mata’s introduction at half-time allowed Ramires to play deeper and saw Chelsea dominate the second period. The point was deserved in the end but the match could have ended so much differently had Paulinho not struck the post last in the first half, wasting a chance to make it 2-0. “I think probably the moment of the game was Paulinho hitting the post just before half-time,” Spurs boss Villas-Boas said. “Had that gone in, it could have put us in a very, very good position. “I think we deserved that for the first half that we played. The second half wasn’t really well played by both teams, but I think Chelsea had the upper hand on the counter-attacks. “They looked very strong and deserved to get the equaliser in the end with a set play.” Villas-Boas sped through his media duties after the match, with a flight to Porto leaving from Gatwick just hours after the match. He left for the airport long before Mourinho’s attack on Vertonghen, although he could understand his counterpart feeling aggrieved by the red card. “There was a couple of incidents,” he said. “I think it is difficult for the ref to judge. “They both go for the ball and the ref decides to caution Fernando, so probably that one is a bit dubious and unfair. “But there were some incidents before that could have got him the caution earlier, also for Jan, to be fair. “It was a tight battle and I think the referee made wise decisions, just the one with the sending off was a bit difficult for them. “The scratch is the one we are annoyed with, but Jose will be annoyed with the sending off.” Press Association The teams fought out a hot-tempered 1-1 draw befitting of the build-up surrounding Mourinho’s first match against former protege Andre Villas-Boas. Gylfi Sigurdsson gave Spurs a deserved lead in an opening 45 minutes they dominated, only for John Terry to head home a leveller before Torres was sent off for a second bookable offence. Having escaped a straight red for scratching Vertonghen’s face earlier in the game, referee Mike Dean gave the Spaniard a second yellow card for an elbow on the defender towards the end of the match. Replays, though, showed there was no contact and Mourinho believes Torres’ sending off robbed Chelsea of victory in north London. Furthermore, he was adamant that Vertonghen should not have been playing anyway after a foul on Aston Villa’s Nicklas Helenius in the Capital One Cup. “Yes, [we would have won with 11 men], but football is football,” Mourinho said. “Sometimes things happen and you don’t know why, but I think the way it was going not one person thought we were not at that time much, much better and much, much stronger. They were in trouble. “I don’t think the referee is guilty. He made the wrong decision, but the referee trusted the player. “When you see a player with hands in his face and pretending that it was a violent action, I think the referee’s normal tendency is to follow and make the decision. “It was a bad decision by the referee, but for me it was a situation where the player was not helping the referee. last_img read more