Insurance company Mapfre to stop underwriting new coal mines and power plants

first_imgInsurance company Mapfre to stop underwriting new coal mines and power plants FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Global insurance group Mapfre SA will no longer underwrite construction of coal mines and coal-fired power plants or invest in electric utilities that derive at least 30% of their revenue from coal-produced energy, the company announced during its annual general meeting March 8.One-third of the global reinsurance market has restricted cover for coal projects, according to a December 2018 report from the U.S.-focused arm of the international Unfriend Coal campaign, which has been pushing European insurers away from coal and other fossil fuels.Lucie Pinson, European coordinator for Unfriend Coal, in a news release called the announcement “woefully short of the action necessary to completely phase out coal in Europe by 2030” because it did not mention plans for restricting coal infrastructures, divesting shareholdings or applying the policy to its reinsurance business.Mapfre companies in Spain and Portugal are expected to be carbon-neutral by 2021, when carbon emissions from the insurance company will be reduced by 61%, a Mapfre release said.Mapfre joins Vienna Insurance Group AG, Generali, Munich Re Co., Swiss Reinsurance Co. Ltd., Allianz SE, Zurich Insurance Group AG, Scor SE and Axa in backing away from coal investing.More ($): Global insurer Mapfre to stop underwriting new coal projectslast_img read more

What we learned from Syracuse football’s loss to Notre Dame

first_img Facebook Twitter Google+ EAST RUTHERFORD, N.J.— Syracuse (2-3, 0-1 Atlantic Coast) struggled once again in the second half of a game this season, allowing Notre Dame (2-3) to build a sizable lead and put the Orange away, 50-33, on Saturday at MetLife Stadium. SU kept the game tight until just after halftime, when it was down by just one score.Here are three things we learned from SU’s third loss of the season.Stuck in neutralThe Syracuse offense has played well in each first quarter this season. This time, the offense extended to the second quarter when the Orange racked up 14 points to add to its 13 in the first. On the season, the Orange has been outscored 71-43 in the second half, however. Against the Fighting Irish, SU managed just six points on an Eric Dungey touchdown in the fourth quarter.Even when SU was in the red zone, it’s best option was a Dungey run. He scored three rushing touchdowns on a fake option, delayed quarterback sneak and a scramble. The other two touchdowns came on throws to Ervin Philips and Amba Etta-Tawo.AdvertisementThis is placeholder textWhile it’s not a new problem that the Orange hasn’t shown much past the first half, it also hasn’t shown that it’ll get out of its rut. SU has yet to score more than two touchdowns in the second half.“It’s small mistakes. You guys wouldn’t see them,” Babers said. “It’s things that kill drives, little things. If we eliminate those little things, we’ll be able to do big things.”If the D-Line doesn’t click, offenses willSyracuse’s defensive line has been up and down all season. It’s inconsistency creeped back Saturday. Last season, the Orange racked up 23 sacks. After recording two against the Fighting Irish, it’s on pace for 21. De’Jon Wilson and Josh Black recorded a half sack each and Zaire Franklin added another.Early in the second quarter, DeShone Kizer ran a zone read with running back Josh Adams from the 3-yard line. Defensive end Kendall Coleman crashed down on the line, allowing Kizer to keep the ball and run outside for the score. In the end zone, Kizer heel clicked like a leprechaun. Coleman hung his head. Although he’s played well, the touchdown allowed the Fighting Irish to put 10 points of separation between it and Syracuse. Coleman tallied four tackles during the game.“Just because it’s 2016, it doesn’t make them 22 years old,” Babers said. “There’s some 18-year-old and 19-year-old guys out there going against grown men.”SU’s special teams could be Estime-ingSyracuse’s special teams have undoubtedly struggled despite head coach Dino Babers calling it the Orange’s best unit at times. It’s lacked explosiveness in the return game, good enough punts and any semblance of consistency — except when SU wide receiver Brisly Estime has been involved. Improving on field goal misses and shanked punts will be more difficult because that will involve improving Cole Murphy and Sterling Hofrichter’s abilities.But Estime is a proven commodity. On Saturday, he racked up 128 punt-return yards on just three returns. He showed the ability to find the right seem, break tackles and shift away from defenders, even in close proximity. While freshman Sean Riley has shown inklings of the same ability, he hasn’t been quite as dynamic.After nearly scoring a touchdown on a punt return Saturday, Estime has earned his way back into the punt-return spot. Babers said he moved Estime out of the spot to give the latter some rest from his receiver snaps, but it might be time to reverse that decision.“I think Brisly is a good punt returner and that’s the reason why he’s still back there. That’s the reason why we gave him opportunities,” Babers said. “This was a game that we felt we needed to have him back there if we were going to have a chance to win.” Comments Published on October 1, 2016 at 8:19 pmlast_img read more