Governor Douglas signs on to new multi-state Climate Coalition

first_imgGovernor Jim Douglas today reaffirmed Vermont s role as a leading voice on national climate policy and a champion of  energy consumers by signing on to the newly formed 30-state Governors Climate Coalition, which will work with Congress to find common ground for a comprehensive national energy strategy and climate change action.The Governor, who takes over chairmanship of the National Governors Association in July, praised the gamut of states from across that country who signed on to the Coalition. These states have been leaders on the green front promoting renewable and clean energy, creating jobs and taking concrete steps to address climate change, the Governor said. The Governors Climate Coalition is in an important position to assist the federal government as it builds out a national energy policy that creates jobs and protects consumers and the environment. For too long the states like Vermont have had to fill the void left by federal in-action on national climate policy, Douglas said.Vermont was the first state in the nation to sign on to the Regional Greenhouse Gas Initiative and the first state to mandate that revenue from the sale of its carbon emission allowances be used to improve energy efficiency and benefit consumers. I will be working to ensure that any federal legislation enacted is consistent with our RGGI goals and doesn t negatively impact states like Vermont, the Governor said.  Vermont is the greenest state in the nation and we enjoy some of the lowest power rates in the region. To the extent possible, a cap and trade system should recognize and reward the effort of Vermont consumers who have achieved the lowest carbon footprint in the nation, the Governor said. Likewise, promoting efficiency is a winning path to job creation, cost savings and helps make Vermonters lives more affordable, the Governor added.  In the end, a successful comprehensive energy strategy will have to reflect states needs and efforts while guiding a national course that protects the environment, industry and consumers.Coalition governors agreed on two underlying tenets which Douglas said will help guide the national debate over the proposed Waxman-Markey legislation now before the U.S. House Energy and Commerce Committee.  Attached is the Governor s Climate Coalition statement of principles.Founding Coalition states and territories include: Vermont, California, Colorado, Connecticut, Delaware, Florida, Guam, Illinois, Iowa, Kansas, Maine, Maryland, Massachusetts, Michigan, Montana, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, Puerto Rico, Rhode Island, Tennessee, Utah, Virgin Islands, Virginia, Washington and Wisconsin.Source: Governor’s Office.last_img read more

Understanding digital platforms:The future of database technology

first_imgDigital Transformation leads to better profits for 80 percent of companies that pursue it, reports SAP Center for Business Insight and Oxford Economics. In fact, 31 percent of decision makers said investment in employees’ digital skills would be key in increasing revenue in the coming years, and some 80 percent of companies that have undergone digital transformation efforts reported increased profitability, compared to 53 percent of other companies.While digital transformation is a term most credit union executives hear often, it can mean different things to different people. With new fintech innovations hitting the headlines on a daily basis, discerning which technologies to embrace – and which to simply watch in the near term – can be a challenge.Consider blockchain technology as a case in point.Following Bitcoin’s wild ups and downs on Wall Street, blockchain technology is fast emerging as a fintech disruptor that promises to become a household name – but for many reasons, not all financial-related. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

ADM reveals horror show March for Italian betting

first_img StumbleUpon CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 Share Submit Related Articles Share Di Maio’s man Giacomo Lasorella takes leadership of AGCOM August 17, 2020 TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Industry Q1 2020 figures published by Italy’s customs and monopolies agency (ADM) have depicted the grim reality of COVID-19 damages on Italian betting incumbents.Recording just 10 days of wagering activity during March, Italian betting recorded a near collapse across its retail and betting channels.ADM figures reveal that March online betting revenues (GGR) decreased to circa €49 million, representing a 43% decline against February month-on-month comparatives.Yet, online betting declines seem mild when compared to retail damages, as Italian betting shops recorded a total GGR of just €26 million (-73%) during March trading.With Italy enforcing Europe’s harshest lockdown measures, retail stakeholders will be braced for further horror shows as incumbents absorb a likely two-month period with no active revenues.Retail incumbents have been issued a slight reprieve, as the Italian government will allow tobacconists to switch-on betting terminals on 11 May, adhering to in-store social distancing measures.Meanwhile, despite online operators adjusting their sportsbook offerings during lockdown, Italian consumers failed to engage with the ‘alternative markets’ of Russian table tennis, Belarus and Nicaraguan football and esports.Market turnover for esports was recorded at an average of €5,000 per match, whilst the Belarus Premier League recorded around €300,000 turnover per game.The dire circumstances leave Italian bookmakers hoping that the government maintains its promise to allow Serie A football to return on 18 May.March ADM figures would show a marked increase in online gambling spend (casino and poker), which grew by 33% to €120 million (February 2020: €90m).A breakdown of segments branded online casino games as the ‘industry’s lifeline‘, recording €94 million of all online gambling revenues.Tracking its licensed incumbents,  the ADM maintained its previous impact assessment for the industry, in which it anticipates a combined loss of €750m – split at €450m for the Italian state and €300 for its incumbents.last_img read more