With the Indian government deciding to appeal against an international arbitration award that went against it, Cairn Energy Plc will directly knock at the doors of the Indian government for honouring of the award verdict. Cairn Energy CEO Simon Thomson would be meeting Union finance minister Nirmala Sitharaman in Delhi next week. The arbitration is now finalised and the award has been given and we would request along with others, that the Indian government moves swiftly to adhere to the award that has been given. That s important, it s important for our shareholders, who are global financial institutions and who want to see a positive investment climate in India, said Simon Thomson in a video address to all stakeholders.
Posted By Sanford Nowlin on Tue, Dec 29, 2020 at 1:26 PM Courtesy Photo / U.S. Senate U.S. Sen. Ted Cruz U.S. Ted Cruz, R-Texas, is defending himself on Twitter after a Wall Street Journal story drew attention to his work to secure pandemic relief funding for oil companies owned by a pair of billionaire GOP donors. The WSJ article highlighted potential conflicts of interest between Cruz and Lone Star State billionaires Dan and Farris Wilks. The senator pushed the Federal Reserve to make a loan program available to oil and gas companies, including those owned by the brothers, who contributed heavily to Cruz s campaigns.
12/19/2020 08:00 am ET
2020 Was Supposed To Be Our Best Last Chance To Save The Planet. So How Did We Do?
As the coronavirus pandemic raged, hopes this year would be pivotal for climate change action faded. But all is not lost. Yet.
By Beth Gardiner
As wildfires and storms raged, and even the Arctic broiled and burned, scientists’ dire climate warnings came to life in frighteningly vivid fashion in 2020. With political leaders and the public preoccupied by COVID-19, the world careened closer to the brink of environmental catastrophe.
When 2020 began, a youth climate movement was gaining traction, a key summit in Glasgow, Scotland, looked like a chance to breathe new energy into the Paris climate agreement as it neared its fifth birthday, and many hoped this might be the year leaders finally moved with the urgency the planetary crisis demands. The stakes were momentous ― every day without action, the window to prevent catastrophic climate change narrows. “This is really a m