Adani Cancels $1.5 Billion Contract on Australian Mine Project

first_img FacebookTwitterLinkedInEmailPrint分享Financial Times:Adani Group has cancelled a A$2bn (US$1.5bn) contract with a mining services company for work on its proposed Carmichael coal mine in Australia due to its failure to raise funds for the controversial project.The cancellation of the contract with Downer, an Australian company, on Monday is the latest challenge to hit the Indian conglomerate’s project, which has become a focal point for protesters over the role played by coal in causing climate change.It also follows a decision last week by the Queensland state government to veto a A$900m low-cost loan to Adani and the failure of Chinese investors to back the Carmichael mine.Adani said it remained committed to the A$16.5bn Carmichael project but planned to develop and run the mine on an owner-operator basis to achieve the “lowest quartile cost of production”.The Carmichael project has become a symbol of the global battle between environmentalists and the fossil fuel industry, attracting a series of legal challenges that have caused lengthy delays. The proposed mine sits in Queensland’s Galilee Basin, one of the world’s largest untapped coal resources.Adani’s board gave final approval for the mine in June. But raising money for the venture has so far proved an insurmountable challenge due to the decline in global coal markets and a vocal protest movement led by international environmental groups such as and Greenpeace.The project has become a litmus test on the future of coal, amid growing investor fears about whether increasingly onerous regulations on the emissions will create stranded assets.On Monday the world’s biggest coal terminal, Port of Newcastle, warned it needed to diversify and prepare for a future without coal.“It looks like another wheel has fallen off the Adani project,” said Tim Buckley, a director at the Institute for Energy Economics and Financial Analysis, an opponent of the Adani project. “With all of the Chinese banks ruling out involvement in the Carmichael proposal, deal funding has fallen over.”More: Adani cancels A$2bn Australia coal mine contract amid cash crunch Adani Cancels $1.5 Billion Contract on Australian Mine Projectlast_img read more

The August Issue of Blue Ridge Outdoors is Live!

first_imgThe August issue is live! Pick up your copy or read online today to check out our annual swimming hole round up, learn about the upcoming ‘Great American Eclipse’, plan for the year ahead with our 2018 Bucket List Adventure guide and much more!Quick HitsWater women plan Green River Takeover • 112 attached runners complete a marathon • A.T. hikers protest pipeline • America’s fittest citiesThe DirtWatch the Southeast’s first total solar eclipse in centuries • Virginia towns transform abandoned coal mines into outdoor oasesThe GoodsMultisport must-haves—Joe Moerschbaecher’s favorite adventure gear.Trail MixJimmy Herring unveils new band • Allman tribute Hard Working Americans heads southSouthern Adventure Bucket ListGear up for 2018 and beyond with this year-long calendar of over 100 must-do adventures in the Southeast and Mid-Atlantic. Athletes and experts from across the region provide their favorite picks.Earn Your SplashSave the roadside dips for the tourists and avoid the crowds with these 10 hike-in swimming holes that make you work for your play.Your 1 Million AcresThe Pisgah-Nantahala National Forest belongs to you, and this year, you will decide its future. A new forest plan could bring together hikers and hunters, timber and recreation, rural and urban, locals and newcomers. So far, however, the contentious planning process has only deepened the chasms.last_img read more

Rhythm & Roots: Nassau’s African American Museum Brings History to Life

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York On a dull gray day when winter chills the air, the horizontal beige building on the busy corner of North Franklin and Jackson streets in Hempstead almost fades into the background given the commercial surroundings. The outdoor sign heralding what’s inside is neither at eye level nor apparently near enough the entrance to stop the random passersby.But those in the know are well aware that this place is a rare community jewel. The African American Museum of Nassau is the only one of its kind in our three-state area. The fact that this 6,000 square-foot space survives despite the county’s fiscal fiasco and official indifference, to put it charitably, is almost miraculous.But it does. Inside its walls are the spirited paintings and sculptures by internationally known artists as well as Yoruba tribal masks, other African artifacts, American slavery shackles, fascinating historical exhibits and even the grand piano belonging to ragtime composer Eubie Blake, who was immortalized by the Broadway musical “Eubie!” Under its roof are stages for performances, areas for community meetings and catered weddings, a room for researching genealogy and a small recording studio for a scratch DJ. And keeping it going since 2012 when County Executive Ed Mangano laid off the museum’s full-time staff in his bid to balance Nassau’s budget under pressure from the Nassau County Interim Finance Authority is a remarkable confluence of people: a combination of semi-retired professionals, dedicated volunteers and steadfast county seasonal workers.The credit would have to go to its unlikely 75-year-old executive director, Joysetta Pearse, a certified genealogist whose boundless energy and insatiable curiosity is coupled with the support of her husband Julius, a retired Freeport policeman, now 80, who is the president of the Dr. Martin Luther King, Jr. Birthday Celebration Committee, Inc., as well as The African-Atlantic Genealogical Society, Inc. (She’s also its executive director.) If it weren’t for the Pearses’ genealogical pursuits, it’s hard to say who would have kept the museum’s doors open after the county slashed its support, because their group was the only one left in the building with the required 501(c)3 nonprofit tax status to accept deductible donations and contributions. The county has owned the building since 1985. The site’s previous claim to fame is that the Isley Brothers once recorded there, and their sound engineer’s control room is now where Fatimah White, the museum’s multi-talented art education director, runs art classes.The museum’s genesis took root in 1968 when Leroy Ramsey, a professor at Nassau Community College, took pieces from his collection and exhibited them in a hallway at the college for Black History Month. Students didn’t want him to take it down when the month was over so the pieces remained on display for two more years. But the college eventually wanted the space back, so he took the work to a storefront on Main Street in Hempstead. Then, in 1985, Russell N. Service, the first African-American deputy Nassau County executive, convinced Ramsey to come to the present space with his artifacts.“He had fabulous slave shackles, even for babies,” says Joysetta Pearce, who spoke to Ramsey a few months before he died in the spring of 2013. Over the years he’d lost contact with the museum but when she reached out to him, he was eager to pitch in once more. “Leroy brought all of his stuff over here,” she says with admiration. In his honor the museum hosts the Leroy L. Ramsey lecture series twice a year so his legacy lives on.Cataloguing all that the museum has accumulated since Ramsey first began exhibiting his collection has been a challenge.Fatimah White, the museum’s multi-talented art educator, shows off the mural created at one of her workshops by students of the H.Y.P.E. Academy in Hempstead. (Spencer Rumsey/Long Island Press)Some of the objects on display these days were found in the basement, which “looked like an auto repair shop,” Pearse says. Many donations did not have a verifiable provenance. For example, on one wall of a room inside the museum stands a series of intricately carved wood panels stretching from the floor to the ceiling that depict the effect of the slave trade on an archetypal African village. It’s a stunning piece of work showing scenes of happiness, captivity and salvation. But the trouble is that the artifacts were donated by a Nassau County widow who did not know where her husband had acquired it decades before in Africa. The couple had never displayed the panels at home because they were too tall.Pearse, who has no formal art training, had become a certified genealogist after retiring from NYNEX. Asked if she ever thought she’d hold the position she does now, she laughs and says, “Never!” But it’s not that much of a stretch, considering her lifelong love of history and that when she was younger, she was “very much interested in art.” In fact, she says, “I was a museum nut!” Before she and her husband moved to Freeport, they lived in Brooklyn and their two kids were at the Brooklyn Museum “every Saturday.”She can only wish that the Hempstead facility had the same kind of financial and governmental support. But it has garnered some much-deserved recognition over the years. In 2005 it was honored by American Legacy magazine with its Museum Preservation Award as one of only 10 museums the publication recognized for their work done to preserve African-American history and culture. That was a tribute to the leadership of then-director and curator David Byer-Tyre, who oversaw extensive remodeling of its galleries and installed mosaic murals in the lobby. He also facilitated the acquisition of photographs and historical accounts of the oldest African Methodist Episcopal Churches on Long Island, a collection of African-American imagery from 1806 to 1930, and the collected work of Pulitzer Prize winner and noted civil rights photographer Moneta Sleet, Jr.These days, the curator and art director is Minna Dunn, 66, an unpaid volunteer who has brought in internationally known artists like Frank Frazier and Ernani Silva, to name just two. Silva’s expressionistic canvasses, which spring to life with primary colors and organic objects like pasta, vines, coffee grounds and even bark, occupy the main gallery space.Born in extreme poverty in Rio de Janeiro with a mother from the Amazon, a grandmother from Nigeria and a grandfather from Germany, Silva came to America in 1969 to flee Brazilian repression—he’d been beaten by the police and his friends had been killed after protesting the regime—when an American professor at Columbia University helped him emigrate. He has studios in Brooklyn, Florida and Massapequa, where his house is brimming with paintings. His work, which sells from $10,000 to $40,000, has been collected by the likes of President Jimmy Carter, Sen. Ted Kennedy and Princess Anne. His imagery can range from the joyous, like a carnival on canvas, to the mystical, like masks used in an ancient ritual, or to the painful, like the outrage over political injustice. His art is on temporary loan at the gallery in Hempstead.This just one of many pieces of art and artifacts at the African American Museum, which combines culture and history to tell the story of a people once displaced and now displayed.“Art can change people’s lives!” Silva tells the Press at his Long Island studio. His own life is a testament to that.“I like art that tells a story, not just art that is pretty,” says Dunn, who has put together shows at the Black Congressional Caucus in Washington, the Jacob Javits Center in Manhattan, as well as traveling exhibitions that have appeared in Canada as well as throughout the United States. Dunn, who lives in Massapequa, has been connected to the African American Museum in Nassau since the early 1990s when she helped bring in the brilliant geometric work of South African artist Esther Mahlangu. Since she became the official curator in Hempstead she’s done seven shows.“You can’t have people without history,” says Dunn. “One way of showing that history is through visualization and art. People are expressing that with a paintbrush and a canvas; they are expressing it through voice, through singing, through stage, through drama.”The next history exhibit, timed for Black History Month, will focus on Pyrrhus Concer, also spelled Consur, a black whaler from Southampton in the 19th century who accompanied his captain Mercado Cooper around the globe, and together they sailed into Tokyo seven years before Commodore Perry did. Born a slave in 1814, Pyrrhus had been owned by Nathan Cooper, Mercado’s father, but he proved his prowess as a skilled pilot of a whale boat. The museum is also planning an exhibit on the massacre of a prosperous black community in Tulsa, Oklahoma, known as “Black Wall Street,” that was burned to the ground by the KKK in 1921.“It’s hidden history,” says Pearse. “It’s controversial.”Pearse used to just take on a person’s individual past but now through the work of the museum she and her dedicated staff help connect a people to their common experience.“There’s a lot of history that we need to know in order to understand who we are and what we should be about,” she says. “You can’t study history if you don’t study art. And you shouldn’t study art if you haven’t studied history! They both enhance each other.”The trick is how to let more of the public know the museum is there.The African American Museum of Nassau, 110 North Franklin St., Hempstead, is open Tuesday through Saturday, 10 a.m.-5 p.m., with an open art studio workshop on the weekend for ages 1 to 16. Call 516-572-0730 or email Admission is $3 per adult.last_img read more

3 safe ways to give the gift of cash this Christmas

first_imgSometimes it can be incredibly difficult to know exactly what to get a loved one for Christmas. With the big day just around the corner, time is running out to come up with the perfect gift idea. Although it may not have the pizazz as the year’s trendiest or most popular present, giving cash this holiday is a surefire winner when it comes to a gratifying gift. But, as easy as it is to just slip some dough in a card, it’s not always safe to simply pass along cash without any protections if it’s stolen or lost. If you decide to give money this year, consider these three safer alternatives to the classic wad of cash.Go old schoolWriting a check may seem like an incredibly old-fashioned way to pay, but it is also safe and convenient. And now with Remote Deposit Capture (RDC) the recipient can easily open up their online banking app, take a photo of the check, and deposit it immediately right from their phone. Additionally, checks require a recipient’s name, so unlike cash that can slip out of a card and be picked up and used by anyone, a check is protected in that the recipient must show identification in order to cash it.Pay onlinePeer-to-peer payments (P2P) have been increasingly popular with the launch of convenient apps such as Venmo, PayPal, and Square. Also, many banks recently picked up the service Zelle allowing consumers to send and receive money between two bank accounts. These new online services are much safer than gifting cash because they are encrypted and are reliable when it comes to resolving unauthorized transactions.Give gift cardsInstead of handing over cash that can be spent on anything, gift cards are a little more personal in that they are geared toward a more specific shopping experience. For example, you know your brother is outdoorsy but you don’t know exactly what he may want or need. Instead of forking over cash, giving him a gift card from an outdoor retailer like REI or Cabelas, shows him you pay attention to his interests. When it comes to protections, if it gift card is lost or stolen anyone can pick it up and use it. But unlike cash that is gone forever, gift cards may be replaced with the help of customer service if the buyer can show proof of purchase including a receipt with the gift card number. 24SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Wendy Moody Wendy Moody is a Senior Editor with Wendy works with the editorial team to help edit the content including current news, press releases, jobs and events. She keeps … Web: Detailslast_img read more