Scott Morrison agreed in talks with Joe Bidenâs climate envoy John Kerry that there was âincreasing momentum . in driving economic opportunities from the transition to the new energy economyâ. Photograph: Mike Bowers/The Guardian
Scott Morrison has reiterated his intention to reach net zero emissions âas soon as possible and preferably by 2050â, and transition Australia to a ânew energy economyâ, in a conversation with Joe Bidenâs special presidential envoy for climate, John Kerry.
An Australian readout circulated by the prime ministerâs office after the conversation on Wednesday stated Morrison flagged his mid-century intention in the context of âthe work that needed to be done together to achieve such a goal while protecting jobs and livelihoods, especially in regional areas, that rely on energy-intensive industriesâ.
Pandemic creates $500m hotel opportunity for Pro-invest
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Hotel investor, developer and operator Pro-invest has identified a half-a-billion dollar opportunity created by the global pandemic, launching a new fund to acquire distressed hotels at low prices and then revamping them.
“We’re aiming to buy in at the right level, to not overpay and then add value,” Pro-invest co-CEO and chairman Ronald Barrott told
The Australian Financial Review. “The opportunities are out there.”
Ronald Barrott says the firm is looking for distressed and value-add hotel opportunities.
While Pro-invest has focused on developing more budget-style Holiday Inn Express hotels in Australia and New Zealand – the group has opened eight so far with seven more hotels to open in the next 12 months – its $500 million Asia-Pacific Distressed Hospitality Fund will look at opportunities at the more upscale and luxury end of the market.
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The hallmark of any institution is the ability to withstand ironic dysfunction. The United States under the stewardship of that unintentional comic George W. Bush made John Bolton ambassador to the United Nations. Bolton had loathed the body, wishing .
AIM and ASX listed company Salt Lake Potash Limited ( SO4 or the Company ), announces its interim results for the half-year ended 31 December 2020. The Company s primary focus is the development of its Lake Way Project (the Project) near Wiluna, Western Australia. On December 31 2020, the total project was 81% complete and the process plant 88% complete on an earned value basis with first SOP production expected in Q4 2021. The Company s long-term plan is to develop an integrated SOP operation producing from several Western Australian salt lakes. Achievements during the half year ended 31 December 2020 included: Process Plant construction significantly advanced At December 31st, 2020 the Process Plant was 88% complete on an earned value basis with site concrete work (including additional NPI and bagging infrastructure) 94% complete, structural steel 80% complete and tanks/vessels 81% complete