EU Commission Rewards LNG Project in Sweden

first_img此页面无法正确加载 Google 地图。您是否拥有此网站?确定 My location zoom Two projects in Sweden have been considered sufficiently important to merit inclusion in the EU list of infrastructure projects that are of common interest for the European Union (PCI, Project of Common Interest). One of the projects is the LNG Terminal in Gothenburg that Swedegas and Vopak plan to build in collaboration with the Port of Gothenburg. The project satisfies the criteria laid down by the Commission: it will contribute to market integration and further competition, it will enhance security of supply and it will reduce CO2 emissions.“The Commission is focusing on infrastructural investments in preparation for the European Union’s adjustment to renewable energy sources,” says Lars Gustafsson, CEO of Swedegas. “We are extremely pleased that our project has acquired this status.” Increased interest in infrastructural investmentsA simplified permit-granting process and financial support are two potential benefits for the PCI project. When the announcement was made, European Commissioner for Energy Günther Oettinger spoke about the need to attract investment in a modern energy infrastructure. The EU has estimated that infrastructural investments totalling EUR 200 billion are required to achieve the energy and climate goals for 2020. The PCI process is a means of highlighting and rewarding projects that “give customers value for money in an integrated market”.The Swedish Energy Market Inspectorate and other regulatory bodies in the EU have been involved in evaluating the different projects. The first PCI list to be published by the European Commission includes around 250 energy infrastructure projects that the Commission has chosen to achieve an integrated market in a variety of sectors, including electricity and gas.Collaboration with RotterdamThe LNG Terminal in Gothenburg is also part of a project being run together with Port of Rotterdam and Gasunie to create an efficient LNG infrastructure between Sweden and the Netherlands. The project recently received EUR 34 million in EU funding in the form of a TEN-T grant in order to develop an infrastructure that will facilitate cleaner transport at sea.One of the primary aims of the LNG Terminal is to meet the stricter EU sulphur emission requirements that will be imposed on shipping. The Terminal is scheduled for completion in 2015. Print Close Swedegas, November 19, 2013last_img read more

New Executive Director Appointed

first_imgNova Scotia’s Disabled Persons Commission will welcome a new executive director in September. Anne MacRae has devoted her career to increasing awareness of issues facing people with disabilities and working for greater inclusion of those with disabilities in economic and community life. Ms. MacRae, who is previously from Truro, will be returning to Nova Scotia from Quebec to accept this two-year term position. “I am thrilled that Anne MacRae is returning home to join the Disabled Persons Commission,” said Ralph Ferguson, past chair of the commission. “Ms. MacRae’s extensive experience in the disabled persons’ community and her superior leadership abilities will make her a great asset to the commission and to Nova Scotia.” Ms. MacRae has spent 20 years working as a disability specialist across Canada and in a variety of capacities. Most recently, she has held the position of senior advisor with the office of disability issues, Social Development Canada. “Having the opportunity to move home and to continue the Disabled Persons Commission’s important work is very exciting,” said Ms. MacRae. “I am looking forward to working with the commission and the disability community to improve the quality of life for all Nova Scotians with disabilities.”last_img read more

Wait Canada doesnt have the strongest job market in the G7 Far

OTTAWA — Finance Minister Joe Oliver and his predecessor have been fond of trumpeting Canada’s economic and job creation performance since the recession, claiming it is unequalled among the Group of Seven large industrialized nations.[np_storybar title=”Being tops when it comes to middle-class earners not the accolade it seems for Canada” link=”https://business.financialpost.com/2014/04/22/canada-leading-ranks-of-shrinking-middle-class/”%5DA new study shows Canada’s middle class as a world leader in income, but before we get too excited it’s worth noting we are just leading a shrinking class around the globe. Keep reading. [/np_storybar]The minister made the boast again this week in a speech to employers in Halifax, noting that “our government has created over one million net new jobs … the strongest job growth over the recovery among G7 countries.”But a recent report from the Paris-based OECD suggests that Canada’s employment record is not near the best.According to 34-nation Organization for Economic Co-operation and Development, Canada would place fifth during the recovery period according to the percentage of the working age population that held a job at the end of 2013, compared to the situation prior to the 2008-09 recession.Economists view the employment rate as a good barometer of overall strength in labour markets because it reflects the portion of people in any given population that has jobs. The more commonly quoted unemployment rate is based on individuals actively looking for work. It can mask weakness in the market if there are large numbers of discouraged workers, as in the U.S. which now has a lower jobless rate than Canada despite a poor job creation record.The OECD data shows that 72.4 per cent of Canadians aged 15-64, what is normally considered the working age, were employed in the fourth quarter of 2013, compared to 73.7 per cent who had a job in the second quarter of 2008, for a differential of minus 1.3 percentage points.That’s far better than the United States, which went from 71.2 per cent of the working age population having jobs in the spring of 2008 to 67.4 per cent at the end of last year, a negative differential of 3.8 percentage points.But it’s a distance from German with a plus 3.7 percentage point differential and a 73.5 per cent employment rate, or Japan at plus 1.3 points, and even France and the United Kingdom, which are also close to returning to their pre-recession employment rate.Overall, the majority of OECD nations have yet to return to pre-slump employment levels.Bank of Montreal chief economist Doug Porter says Canada has had a relatively strong record of job creation since the recession, and the roughly one million net new jobs added during the recovery does top the G7 once population differences are factored.But Porter cautions that just looking at the raw numbers is misleading. That’s because the number of jobs created doesn’t take into consideration the number of Canadians available to work, if there were jobs for them.In a nutshell, all we’ve done is keep up with population growth“Looking at total jobs created tends to flatter Canada,” he said. “In a nutshell, all we’ve done is keep up with population growth. Just looking at jobs created is going to put Canada in a better light just by dint that we have much stronger population growth, so that’s probably not the fairest way to compare ourselves to others.”Porter said Canada would fare better if the measurement is the more well-known unemployment rate — but not much better. Canada, with an unemployment rate of seven per cent in the fourth quarter of 2013, would still trail Germany, Japan, the U.S. and would be virtually tied with the U.K.Economist Erin Weir of the United Steelworkers union says the OECD numbers show what most people in Canada suspect, that there are more people willing to work than there are jobs for them.“The problem is that employers have not created nearly enough jobs in Canada to keep pace with population growth,” he said. “Comparing Canada with other G7 countries raises more questions about the massive expansion of our temporary foreign worker program.”The OECD data finds other industrialized countries, not members of the G7, have come out of the slump a shade better than Canada, including Austria, Israel, Sweden and Switzerland, all of whom have higher employment rates today than prior to the recession.At the bottom end of the scale are the known “sick sisters’ of Europe, including Greece with a negative 12.9 percentage point differential, Spain at minus 10.3 percentage points, Ireland at minus 7.0 percentage points and Portugal at negative 6.2 points. read more