Penwell may get more development

first_img Pinterest Penwell may get more development By Odessa American – May 10, 2021 Local News Facebook WhatsApp Twitter Ector County commissioners on Tuesday will consider a memorandum of understanding related to the possible construction of a carbon capture plant at Penwell, adjacent to the gasoline manufacturing plant being planned there.Officials said the details were still sketchy because the site was only one of those being reviewed for the proposal, which is being referred to as CTV Projects.The memorandum would be with Duff & Phelps, a New York City-based multinational financial consultancy firm whose clients would carry out the project.Wesley Burnett, director of economic development for the Odessa Chamber of Commerce, said Monday that “CTV” does not stand for Chevron Technology Ventures, which is building a biodiesel plant at Houston with Galveston Bay Biodiesel, and Burnett said the company’s identity was being kept confidential for the time being due to the sensitivity of the negotiations.“It’s a carbon capture project and we are talking to the company about incentives,” he said.Burnett said the availability of land at Penwell, 15 miles west of Odessa off I-20, and its infrastructure are two reasons that the area is attractive to companies like Nacero Inc. of Houston, which has decided to build a $4.7-billion plant to convert natural gas into gasoline. “There are a lot of pipelines out there,” he said.Construction on the Nacero complex is scheduled to start late this year or early next year with Ector County and other local entities having granted property tax abatements.Carbon capture is a process by which carbon dioxide emissions from sources like coal-fired power plants are either reused or stored so that they do not enter the atmosphere, according to references.County Judge Debi Hays said Monday that the CTV Project and Nacero “will complement each other and they will both create jobs.”In other business during the 10 a.m. meeting at the county administration building at 1010 E. Eighth St., the commissioners will:>> Consider County Agent Steve Paz’ request to appoint Alexis Ruch the shared Ector-Midland County Extension agent for agriculture and natural resources.>> Accept a $1,000 donation from Allora Hair Salon for the sheriff’s office.>> Discuss using the sheriff’s commisary account to buy Motorola radio equipment from the RTC Co.>> Hear sheriff’s information technology specialist Steve White’s request to repair radio dishes and antennas at the Notrees and Penwell towers that were damaged by storms.>> Consider Public Works Director Evans Kessey’s proposal to install speed bumps at the county cemetery.>> Discuss joining the National Association of Counties.>> Review the court’s calendar for writing the 2021-22 budget.>> Consider awarding a contract for jail medical mobile imaging services.>> Hear Human Resources Director Donna James’ report on the possible enactment of an inclement weather emergency closing and evacuation policy.>> Discuss selling the county’s property at 218 Park for $50,000, which Hays said “is less than the market value specified in the judgment of foreclosure and less than the total amount of judgments against the property.” Pinterest Twitter Facebook WhatsApp Previous articleECISD recognizes employees of the yearNext articleBoard to discuss uniforms Odessa Americanlast_img read more

Caught in the Web

first_imgNational Cupcake Week special From the US comes crunkcakes: cupcakes with nearly a full one-ounce shot of spirits… single cupcake holder hits the market, for that everyday elevenses cupcake hit… mergers and acquisitions are now brokered with dodgy cupcake backhanders! That’s the power of cupcakes…

Speaker examines economic change in Cuba

first_imgDrawing on the results of 80 interviews from members of the private sector of the workforce in Cuba, Carmelo Mesa-Lago, distinguished service professor emeritus of economics and Latin American studies at the University of Pittsburgh, delivered a lecture Tuesday called “Voices of Change from the Non-State Sector in Cuba” at the Hesburgh Center. The lecture focused on economic changes in Cuba over the past several years. The results of the interviews have already been published in the book “Voces de Cambio en el Sector no Estatal en Cuba,” which Mesa-Lago co-authored. An English version of the book will be available in the fall of 2017.According to Mesa-Lago, the rise of the private sector in Cuba can be attributed to economic reforms made under Raul Castro. While there is some information available on the impact of these reforms, Mesa-Lago and his co-authors wanted to look at the reforms from a new angle.“Although we have substantial information in terms of this non-state sector, we didn’t know what the feelings of the people involved in that sector were,” he said. “We wanted to find out, ‘What do they think about so many important issues that they are dealing with?’”As a result of the research and interviews, Mesa-Lago said this project has been a unique one for him.“I have written a lot of books, and I have never been more involved in a book like this because for the first time I was hearing the Cuban people talking, and that was fascinating for me,” he said.The project is also relevant due to the growing private sector in Cuba, Mesa-Lago said. In 2015, 71 percent of those employed worked in the state sector, which was a decrease from previous years, he said.Mesa-Lago said the interviews were primarily conducted with people who work in non-agricultural production and service cooperatives, usufruct farmers and those who buy and sell private dwellings.The group of people who work in cooperative farms is especially important, according to Mesa-Lago.“It’s a tiny group, but they play an important role because Cuba gives preference to the cooperatives over self-employment because it’s a more advanced socialist form of organization and therefore they have an advantage over self-employment,” he said.Mesa-Lago described the private workforce as “young, male, white, with very high education.”While he said this is not typical of the Cuban population, he was more surprised by the satisfaction of the workers than the lack of a representative population. From the interviews, 80 percent of the workers were satisfied in the non-state sector, and only five percent identified themselves as unsatisfied.“This is very interesting and surprising because they face a lot of problems – regulation, inspections, taxes, etc.,” Mesa-Lago said.The main problems these workers face involves their inputs and state interference, Mesa-Lago said. Since 25 percent of the inputs can only be obtained from a state shop, according to Mesa-Lago, the workers have a lack of options in obtaining their resources.The interviews also revealed that state interference and bureaucracy was a common problem with the private sector, with 27 percent of the interviewees mentioning it as a problem they faced in their business.Aggregating the results of the interviews, Mesa-Lago said people working in the non-state sector want three primary changes — more liberty, less state regulation and interference and more estate incentives and guarantees. These requests signal to Mesa-Lago the desires of the voices in change in the country moving forward.Tags: Carmelo Mesa-Lago, Cuba, Private Sector Employmentlast_img read more

​PKA drops 20 coal stocks but keeps talking to those ready to change

first_imgPKA, which runs four labour-market pension funds in Denmark, said it has lowered its tolerance for coal operations within companies it invests in, and blacklisted firms with more than 20% of their business in the fossil fuel market.The Copenhagen-based pension fund manager said the move had led to the divestment of 20 firms on coal grounds, but said it was keeping some firms in its portfolio which did exceed this limit but had nevertheless shown they were willing to adapt to more sustainable energy.Dewi Dylander, head of responsible investment at PKA, said: “There is no room for companies that are not willing to adapt to a reality with less coal and more green energy, and therefore we are now tightening the requirements for the coal sector and excluding a large number of coal companies.”The latest list of exclusions PKA has published include US company NRG Energy, the parent company of the Hong Kong Electric Company, and the Indonesian government-owned electricity company Perusahaan Listrik Negara. PKA also said it had entered into dialogue with 12 additional companies that derived over 20% of their turnover from coal operations, with Dylander saying this was how the pension fund could create the biggest change to the industry.“These are companies where we are making an exception because they have listened to the call that we and a large number of other investors have made to switch away from coal,” said Dylander.PKA said these 12 companies, along with all other coal, oil and gas firms, would be evaluated at the end of 2022 at the latest, to assess whether they had successfully incorporated the goals of the Paris Agreement into their operations.The pension provider said the dialogue would take place through the investor initiative Climate Action 100+, which represented 450 investors and €35.6trn of assets under management, adding that PKA had already blacklisted a total of 89 coal firms to date, as well as 68 oil and gas companies.Last month, PKA said it was divesting from Brilliance China Automotive due to the Chinese carmaker’s “lack of focus on climate,” also revealing it had placed industry giants Suzuki, Hyundai, Fiat Chrysler, Subaru and Mahindra & Mahindra on watch.Looking for IPE’s latest magazine? Read the digital edition here.last_img read more

Bahraini Jebet smashes 3000m steeplechase world record

first_imgKenyan-born Olympic champion Ruth Jebet obliterated the 3000m steeplechase world record Saturday as Dafne Schippers got back to winning ways in the 200m at the Paris Diamond League.On a sultry Parisian evening, Jebet’s performance was the standout, the now-Bahraini having transferred allegiance to the Gulf state in February 2013 as a 16-year-old.“I’m so happy. I’ve tried to beat the world record several times, but tonight we decided to push ourselves to go looking for a good time,” said Jebet, now 19.“The pacemaker was very strong. She was at the Games… I wasn’t expecting such a difference with the previous record,” Jebet said, adding that she would now wrap up her season.Jebet clocked 8min 52.78sec, smashing the previous record of 8:58.81 achieved by Russian Gulnara Galkina at the 2008 Beijing Olympics.Jebet, who now owns three of the four fastest times in history, won Olympic gold in Rio with 8:59.75, the second fastest time ever in the event, having also clocked 8:59.97 at the Eugene meet in the United States last May.Only Galkina and Jebet have ever dipped below the nine-minute mark in the event.Jebet’s victory shone the light on what the IAAF has conceded is one of their most challenging problems: the transference of allegiance of athletes.Many distance runners from east Africa now compete under the flag of Gulf countries, while Morocco, Jamaica and Nigeria-born athletes are also seen to be running for other countries.“We want to make stricter the rules on transfers of allegiance,” IAAF president Sebastian Coe said at the Stade de France, with Jebet saying she quit Kenya five years ago for “animal health” studies.France’s IAAF Council member Bernard Amsalem has been charged with investigating the trade in athletes. Paris, France | AFP |  “We’ll go looking for the athletes in mainly Kenya, but also Ethiopia, Morocco, Jamaica a little bit and Nigeria increasingly for the sprinters,” he said.“Poor countries, in difficulty. It’s easier to turn an athlete of those countries by giving them a lot of money because it represents a lot compared to their daily wage.”Jebet’s father gave the game away when she was honoured in Kenya for her Olympic gold, thanking her for enabling him to buy a house and cattle.Jebat’s irritated manager Marc Corstjens cut conversation short in Paris.“Tomorrow, we’ll return to Bahrain where the king awaits her for an official ceremony,” he said.Elsewhere on the track, Dutchwoman Schippers, silver medallist in the 200m in the Rio Games, went one better by winning in 22.13sec ahead of Britain’s Desiree Henry (22.46, a new personal best) and American Jenna Prandini (22.48).Kendra Harrison, with eight of the nine fastest times this season, won the 100m hurdles in 12.44sec, short of her own world record of 12.20.“I just love competing. I came out here to pick up a win. Now I have a few days off and I’m looking forward to Zurich,” said the 23-year-old, who also won at the Lausanne Diamond League two days ago.“I didn’t have my best start but then it’s certainly my best race!”France’s Renaud Lavillenie got his season back on track with victory in the pole vault with a best of 5.93m.“Honestly, I was very tired after Lausanne but the public’s support pushed me and it was the best thing for this last meeting at the Stade de France,” Lavillenie said, with next year’s meet set for the Charlety stadium in the south of Paris.In the field, New Zealand’s Olympic bronze medallist Tom Walsh threw 21.81 metres for the Kiwi, Oceania and meeting record.center_img Share on: WhatsApplast_img read more

No Water Service in Fort Lauderdale for 24 Hours Due to Main Break

first_imgPeople with questions can call the City of Fort Lauderdale 24-Hour Neighbor Service Center at 954-828-8000. A 42 inch water main break in Fort Lauderdale will leave the city and neighboring municipalities without water service for at least 24 to 36 hours.City spokesman Chaz Adams said residents and businesses should be prepared to be without water service until at least Friday morning.City Commissioner Ben Sorensen said a private contractor cut into a 42-inch water line going to the Fiveash water treatment facility.City officials were forced to shut off the water supply from the wellfields in order to repair the line.“Please only use water that is absolutely necessary. Please turn off all water for landscaping. We are working to avoid any disruption in your water service, however, please prepare for 24-36 hours without water in the City of Fort Lauderdale,” wrote Sorensen on Twitter.Neighboring municipalities that receive their water from Fort Lauderdale are also affected. They are Davie, Tamarac, Oakland Park, Lauderhill-by-the-Sea and Wilton Manors.last_img read more