Ireland to divest fossil fuel investments

first_imgIreland to divest fossil fuel investments FacebookTwitterLinkedInEmailPrint分享The Guardian:The Republic of Ireland will become the world’s first country to sell off its investments in fossil fuel companies, after a bill was passed with all-party support in the lower house of parliament.The state’s €8bn national investment fund will be required to sell all investments in coal, oil, gas and peat “as soon as is practicable”, which is expected to mean within five years. Norway’s huge $1tn sovereign wealth fund has only partially divested from fossil fuels, targeting some coal companies, and is still considering its oil and gas holdings.The fossil fuel divestment movement has grown rapidly, and trillions of dollars of investment funds have been divested, including large pension funds and insurers, cities such as New York, churches and universities.The Irish fossil fuel divestment bill was passed in the lower house of parliament on Thursday and it is expected to pass rapidly through the upper house, meaning it could become law before the end of the year. The Irish state investment fund holds more than €300m in fossil fuel investments in 150 companies.“The [divestment] movement is highlighting the need to stop investing in the expansion of a global industry which must be brought into managed decline if catastrophic climate change is to be averted,” said Thomas Pringle, the independent member of parliament who introduced the bill. “Ireland by divesting is sending a clear message that the Irish public and the international community are ready to think and act beyond narrow short term vested interests.”The bill defines a fossil fuel company as a company that derives 20% or more of its revenue from exploration, extraction or refinement of fossil fuels. The bill also allows investment in Irish fossil fuel companies if this funds their move away from fossil fuels.More: Ireland becomes world’s first country to divest from fossil fuelslast_img read more

‘Battlefield 6’ release: What to know about the new game, future ‘Battlefield 5’ updates

first_imgEA Dice has confirmed it would release a new “Battlefield” game in 2021, its first fresh release since November 2018.While the company said it will continue to support “Battlefield V,” it won’t provide any more core updates after this summer. Could elements of ‘Battlefield 6’ be free?After Activision took the leap and released the free to play “Call of Duty: Warzone” to positive reception, it’s now up to other legacy FPS studios such as EA DICE to decide whether to follow the trend or stick with what’s worked in the past. The benefit of free Battle Royale modes for companies is the continued cash flow of DLC cosmetics. Activision has also done a good job using “Warzone” to promote its paid “Call of Duty: Modern Warfare” title.There is not yet any indication one way or the other what EA DICE will do here.When will ‘Battlefield 5’ updates stop?In a recent announcement, EA DICE said the final major update for “Battlefield V” will come in June. It will continue to address bugs, though, and still provide attention to the title for the forseeable future. Attention, then, will turn to the next iteration for the franchise, which will be critical in keeping EA DICE afloat in the FPS space. “Battlefield V” is viewed as a sales disappointment, and the FPS genre has evolved significantly since its release, particularly in terms of Battle Royale popularity.Still, the devout following of the game among hardcore fans gives it hope for a strong rebound, especially with the imminent release of next-gen consoles potentially playing up its renowned aesthetics.MORE: What’s new in “Call of Duty: Warzone” updateDetails remain sparse for Battlefield 6, but we do have some hints of what’s to come.Here is the latest on Battlefield 6, as well as the implications of the new game on Battlefield V:When is the ‘Battlefield 6’ release date?EA DICE has confirmed the game will be released in 2021, and we can narrow it down further than that based on prior reports. According to Niko Partners, it will be shipped sometime after April 1.”Battlefield V” was a November release, putting it up against other prominent FPS titles and perhaps harming its sales numbers. As a result, it’s possible (though not yet reported) that EA DICE will select a different part of the year, such as summer or earlier in the fall, to put it on the market.It’s unclear whether the coronavirus pandemic will have an impact on the development timeline.What details are known about ‘Battlefield 6’?EA DICE has kept mum on details of the game, but that hasn’t stopped fans from speculating what could be ahead.Among those fan-driven ideas: A greater focus on multiplayer over campaign, the introduction of Battle Royale and a more modern or futuristic era setting. While “Battlefield” has long been popular because of its differences from other FPS titles, it may feel pressure from competitors to mimick certain aspects of breakout games.One thing EA has discussed is the expanded capabilities provided by the PlayStation 5 and Xbox Series X.”You should assume the power of those consoles is much more than existing consoles,” said Blake Jorgenson, the CEO and CFO of EA, on an earnings call earlier this year. “We can do a lot more. You will start to see things over the next couple of years that will blow people’s minds.”last_img read more

Ligue 1: Lyon’s Winless Run Continues, PSG Rivals All Drop Points

first_img AngersdijonfootballFrance First Published: October 20, 2019, 7:48 AM IST Get the best of News18 delivered to your inbox – subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what’s happening in the world around you – in real time. Paris: Rudi Garcia got off to a disappointing start as Lyon coach and Paris Saint-Germain’s closest rivals all faltered in the French league on Saturday.Garcia, who was appointed in place of the sacked Sylvinho on Monday, could only watch as his new side was held 0-0 at home by modest Dijon, the league’s bottom team. It stretched Lyon’s winless run in the league to eight games and left the side 16th in the 20-team division, 14 points behind leaders PSG after 10 games.The 55-year-old Garcia was not given the friendliest welcome as Lyon fans remembered his tenure in charge of bitter rivals Marseille and Saint-Etienne. Garcia left Marseille after three seasons in May.Also Saturday, Nantes, Angers and Lille all lost, leaving PSG with a five-point lead following its 4-1 win at nine-man Nice on Friday.Second-place Nantes lost 1-0 at struggling Metz, ending the visitors’ three-game winning run, and Angers lost 1-0 to visiting Brest, allowing Reims move third with a 1-0 win at home over Montpellier.Toulouse defeated Lille 2-1, and Nimes drew with Amiens 1-1. last_img read more