The document discusses the privatization of Queensland's public assets in power and water. It notes over 1660 job cuts in the electricity sector since 2012, increased prices, and contradictions between the government saying it won't sell assets without mandate while pursuing privatization. It summarizes reports showing privatization fails economically and how profits could benefit customers without selling assets. It details job cuts and reviews recommending privatizing parts of Ergon and SunWater. The document concludes that assets are under threat of privatization by outsourcing and job cuts and that selling assets is a bad policy that fails socially and economically.
Ghana's energy sector faces financial challenges including a debt of over $1 billion owed between the various power sector entities such as the Electricity Company of Ghana (ECG), Volta River Authority (VRA), and gas suppliers. This debt has contributed to the country's ongoing power supply issues and business disruptions. To help address these financial problems, the World Bank approved a $60 million credit to improve ECG's financial performance and minimize commercial losses in order to increase revenues and cash flows. Long term solutions proposed include strengthening revenue collection, ensuring government agencies pay bills promptly, setting realistic electricity prices, and increasing private sector involvement in power generation and distribution.
Ghana's energy sector faces financial challenges including a debt of over $1 billion owed between the main electricity companies. This debt is a major cause of the country's ongoing power supply issues and business losses. To resolve this, the World Bank approved $60 million to improve the finances of the Electricity Company of Ghana, while long term solutions include increasing revenue collection, timely payments between government agencies, realistic electricity pricing, targeted subsidies, and greater private sector involvement in generation and distribution.
The document is a magazine for local government executives that includes articles on shared services between councils to reduce costs, encouraging recycling to save money, choosing the right fleet vehicles, adopting electric vehicles, and devolving more powers to local areas. It also previews upcoming articles on making partnerships between councils work and the importance of communication. The magazine contains various news stories from local government.
The major economic problem in Canada is slow recovery and weak job growth, not deficits. However, public spending cuts at federal and provincial levels will make this problem worse. The 2012 Ontario budget will cut $17.7 billion from public services over three years, affecting jobs and wages in both public and private sectors. While the government claims spending cuts are needed to eliminate the deficit by 2017, the document argues the recession caused the deficit, Ontario had balanced budgets before, and spending is not the problem. Spending cuts will reduce jobs and hurt the economy, whereas tax increases would achieve deficit reduction with lower economic costs.
The passage discusses how the outlook for renewable energy financing in the US is changing due to the expiration of key federal support programs. Specifically, it notes that the expiration of the Department of Energy Loan Guarantee Program and Treasury Cash Grant Program will make financing renewable energy projects much more difficult. It also expects growth in renewable energy capacity to decline dramatically without this significant federal support. While some incentives will still exist, the passage argues they will be insufficient to sustain recent investment levels in renewable energy generation.
Ghana's energy sector faces financial challenges including a debt of over $1 billion owed between the various power sector entities such as the Electricity Company of Ghana (ECG), Volta River Authority (VRA), and gas suppliers. This debt has contributed to the country's ongoing power supply issues and business disruptions. To help address these financial problems, the World Bank approved a $60 million credit to improve ECG's financial performance and minimize commercial losses in order to increase revenues and cash flows. Long term solutions proposed include strengthening revenue collection, ensuring government agencies pay bills promptly, setting realistic electricity prices, and increasing private sector involvement in power generation and distribution.
Ghana's energy sector faces financial challenges including a debt of over $1 billion owed between the main electricity companies. This debt is a major cause of the country's ongoing power supply issues and business losses. To resolve this, the World Bank approved $60 million to improve the finances of the Electricity Company of Ghana, while long term solutions include increasing revenue collection, timely payments between government agencies, realistic electricity pricing, targeted subsidies, and greater private sector involvement in generation and distribution.
The document is a magazine for local government executives that includes articles on shared services between councils to reduce costs, encouraging recycling to save money, choosing the right fleet vehicles, adopting electric vehicles, and devolving more powers to local areas. It also previews upcoming articles on making partnerships between councils work and the importance of communication. The magazine contains various news stories from local government.
The major economic problem in Canada is slow recovery and weak job growth, not deficits. However, public spending cuts at federal and provincial levels will make this problem worse. The 2012 Ontario budget will cut $17.7 billion from public services over three years, affecting jobs and wages in both public and private sectors. While the government claims spending cuts are needed to eliminate the deficit by 2017, the document argues the recession caused the deficit, Ontario had balanced budgets before, and spending is not the problem. Spending cuts will reduce jobs and hurt the economy, whereas tax increases would achieve deficit reduction with lower economic costs.
The passage discusses how the outlook for renewable energy financing in the US is changing due to the expiration of key federal support programs. Specifically, it notes that the expiration of the Department of Energy Loan Guarantee Program and Treasury Cash Grant Program will make financing renewable energy projects much more difficult. It also expects growth in renewable energy capacity to decline dramatically without this significant federal support. While some incentives will still exist, the passage argues they will be insufficient to sustain recent investment levels in renewable energy generation.
Electronics Business in the UK EconomyIan Phillips
A description of a Worker-Based economic contribution model, and an attempt to quantify the size and contribution of the UK Electronic Sector to the UK Economy.
The Common Sense Policy Roundtable is a non-partisan organization that provides information to policymakers and future leaders. It researches and promotes common sense solutions to economic issues in Colorado. The document discusses Colorado's fiscal policy challenges from 2006 to 2010, including reliance on one-time funding sources, rising health care costs that crowd out other priorities, and growth in state personnel costs despite private sector job losses. It proposes reforms such as restoring fiscal restraint, reforming entitlement programs and personnel costs, enhancing revenues through tax reform, and improving government efficiency.
The GW Solar Institute working paper, Bridging the Solar Income Gap, details a wide range of policy tools to increase access to affordable solar energy, particularly for lower income families. These urgently needed tools could help unlock solar energy for all Americans and drive billions of dollars of solar wealth into lower income communities.
Kyrgyzstan has significant potential for renewable energy like hydropower, but currently only 1.1% of its energy comes from renewable sources other than large hydropower plants. A 2009 law established feed-in tariffs to encourage private investment in renewable energy, but implementation has been slow and tariffs remain below estimated costs. Studies show renewable energy costs in Kyrgyzstan of $0.19-0.32/kWh, while current electricity tariffs are only about $0.1/kWh.
Financing the development of Lebanon's power sectorJonas Feller
Lebanon faces a severe energy crisis. The needs to finance the development of its energy sector. Although reforms remain key, financing is an obstacle. A mix of public and private investment as well as ODA is planned to raise $5 billion. Innovative financing models can play a key role in this. SWFs, mainly from Arab GCC countries, can become a source of development. Diaspora bonds could form a significant resource for development financing. However, for the potential to be unleashed, an end of the political paralysis is needed. Increased accountability and transparency would increase overall FDI and accelerate processes.
Zambia's Electricity Deficit - Paradigm shift, a matter of necessity_Chilewe ...Chilewe Siakasiya
Zambia currently faces a significant electricity deficit due to insufficient rainfall reducing hydropower generation and rising energy demand from population and economic growth. The document discusses Zambia's potential from renewable resources like solar and wind but underutilization of these. It calls for a "paradigm shift" towards diversifying energy sources through private investment, incentives for renewable infrastructure, and citizen use of off-grid solutions to reduce strain on the national grid and allow electricity exports. A collective effort across sectors is needed to develop renewable resources and turn Zambia's energy situation around over the next 50 years.
Federal, State and Local Stimulus Dollars- Promoting Energy Efficiency Today ...Alliance To Save Energy
Presentation from the Alliance to Save Energy's 2010 Great Energy Efficiency Day, which took place on March 10, 2010 in the Dirksen Senate Office Building in Washington, DC.
The document summarizes how 10 key industries in Canada are poised to benefit from the new economic policies of Prime Minister Justin Trudeau's Liberal Party government. It outlines several new funding initiatives for sectors like public transportation, the arts, housing, clean energy, and agriculture that could significantly increase federal funding. It provides examples of increased planned annual investments for specific industries and analyzes how this new funding could substantially boost their growth over the coming years.
Softer Solar Landings: Options to Avoid the Investment Tax Credit CliffGW Solar Institute
This document analyzes the potential impacts of allowing the 30% federal investment tax credit (ITC) for solar energy to expire at the end of 2016 as scheduled under current law. It finds that failure to extend the ITC could result in a 10% or greater increase in the cost of solar energy from 2016 to 2017, along with 42% fewer utility-scale solar installations and 15% fewer distributed solar installations in 2017. It considers several policy options Congress could pursue to mitigate these impacts, recommending a two-year extension of the current ITC levels followed by a gradual phase-out as solar and other technologies reach full market maturity and scale.
The document discusses decoupling policies that have been implemented in various U.S. states. Decoupling removes the relationship between utility revenues and sales volumes, allowing utilities to be compensated fairly regardless of energy sales fluctuations. Many states have adopted decoupling for electric and gas utilities to encourage conservation and energy efficiency. The document then provides details on specific decoupling programs and policies in place for utilities in different states.
The US-China Energy Cooperation Program (ECP) is a public-private partnership between US and Chinese companies and government agencies dedicated to facilitating clean energy business development and investment. It was founded in 2009 and has over 60 member companies. ECP aims to transform energy systems in both countries through 10 working groups focused on sectors like renewable energy, energy efficiency, and smart grids. ECP has helped member companies secure deals, influence policy, and establish new industries and markets. It also organizes meetings and missions between members and government stakeholders to advance cooperation goals.
Professor Jonathan Bradshaw. Poverty and a 21st century welfare system. Invited presentation. Involve Yorkshire & Humber Annual Lecture 2013, Alcuin Research Resource Centre, University of York, York , 29 November 2013.
This document discusses solar energy subsidies in the United States. It provides background on what subsidies are and explains that the solar investment tax credit (ITC) was recently extended by Congress for three more years through 2021. This extension will help stabilize the solar industry and the US economy by continuing to drive solar investment and job growth. The document also considers arguments against solar subsidies and presents counterarguments for why the solar industry deserves continued government support.
Government spending can be categorized into two types: purchasing of goods and services like military equipment and infrastructure, and transfer payments to individuals and other levels of government in the form of programs like Social Security. The impact of government spending includes its effects on resource allocation, income redistribution, competition with the private sector, and increasing the tax burden. The U.S. government's fiscal year runs from October 1 to September 30. It uses appropriations bills and distinguishes between mandatory and discretionary spending. Subsequent sections will discuss deficits, surpluses, and the national debt.
The federal government is the largest consumer of electricity in the US, purchasing over 57 million megawatt hours annually. The Department of Defense alone consumes over 29 million megawatt hours. Various statutes authorize federal agencies like the General Services Administration and Department of Defense to enter into multi-year contracts with electric utilities and renewable energy generators to meet their energy needs. These contracts can last up to 30 years and allow agencies to take advantage of incentive programs to reduce energy demand and install efficiency improvements with no upfront capital costs.
This document provides an overview of communication structures and protocols for automation systems from Siemens. It discusses internal communication paths within SIMATIC systems using backplane buses. It also covers external communication interfaces and multipoint bus systems like PROFIBUS and Industrial Ethernet that can connect multiple devices over longer distances. The document aims to help users understand options for communication planning and configuration when integrating different automation components and systems.
Este documento describe la carrera de un economista estadounidense llamado John Perkins y su trabajo para una compañía llamada MAIN. Perkins fue entrenado para convencer a países en desarrollo de tomar grandes préstamos para proyectos de infraestructura que los dejarían en deuda por años, beneficiando a los intereses estadounidenses. Usó sus habilidades para endeudar a países como Indonesia, Panamá y Colombia.
El documento presenta las instrucciones para un proyecto de herbario que incluye seleccionar al menos 60 especies de 22 familias botánicas, hacer una caracterización botánica de cada especie, ilustrar cada especie seleccionada con ilustraciones claras que muestren sus principales órganos, y provee un ejemplo de la familia Rosaceae con el género Pyrus y la especie communis.
Zhenfa is a renewable energy company based in China that has developed over 600MW of solar farms. They propose to build the Mugga Lane Solar Park (MLSP) and a smaller Community Solar Park (CSP) near Canberra. The projects will be developed and built in parallel to reduce risks and costs through economies of scale. The 1.2MW CSP will cost $2.65 million to develop and is expected to generate enough electricity in its first year to earn $300,000 before taxes, providing a 6-7% annual return on investment.
Electronics Business in the UK EconomyIan Phillips
A description of a Worker-Based economic contribution model, and an attempt to quantify the size and contribution of the UK Electronic Sector to the UK Economy.
The Common Sense Policy Roundtable is a non-partisan organization that provides information to policymakers and future leaders. It researches and promotes common sense solutions to economic issues in Colorado. The document discusses Colorado's fiscal policy challenges from 2006 to 2010, including reliance on one-time funding sources, rising health care costs that crowd out other priorities, and growth in state personnel costs despite private sector job losses. It proposes reforms such as restoring fiscal restraint, reforming entitlement programs and personnel costs, enhancing revenues through tax reform, and improving government efficiency.
The GW Solar Institute working paper, Bridging the Solar Income Gap, details a wide range of policy tools to increase access to affordable solar energy, particularly for lower income families. These urgently needed tools could help unlock solar energy for all Americans and drive billions of dollars of solar wealth into lower income communities.
Kyrgyzstan has significant potential for renewable energy like hydropower, but currently only 1.1% of its energy comes from renewable sources other than large hydropower plants. A 2009 law established feed-in tariffs to encourage private investment in renewable energy, but implementation has been slow and tariffs remain below estimated costs. Studies show renewable energy costs in Kyrgyzstan of $0.19-0.32/kWh, while current electricity tariffs are only about $0.1/kWh.
Financing the development of Lebanon's power sectorJonas Feller
Lebanon faces a severe energy crisis. The needs to finance the development of its energy sector. Although reforms remain key, financing is an obstacle. A mix of public and private investment as well as ODA is planned to raise $5 billion. Innovative financing models can play a key role in this. SWFs, mainly from Arab GCC countries, can become a source of development. Diaspora bonds could form a significant resource for development financing. However, for the potential to be unleashed, an end of the political paralysis is needed. Increased accountability and transparency would increase overall FDI and accelerate processes.
Zambia's Electricity Deficit - Paradigm shift, a matter of necessity_Chilewe ...Chilewe Siakasiya
Zambia currently faces a significant electricity deficit due to insufficient rainfall reducing hydropower generation and rising energy demand from population and economic growth. The document discusses Zambia's potential from renewable resources like solar and wind but underutilization of these. It calls for a "paradigm shift" towards diversifying energy sources through private investment, incentives for renewable infrastructure, and citizen use of off-grid solutions to reduce strain on the national grid and allow electricity exports. A collective effort across sectors is needed to develop renewable resources and turn Zambia's energy situation around over the next 50 years.
Federal, State and Local Stimulus Dollars- Promoting Energy Efficiency Today ...Alliance To Save Energy
Presentation from the Alliance to Save Energy's 2010 Great Energy Efficiency Day, which took place on March 10, 2010 in the Dirksen Senate Office Building in Washington, DC.
The document summarizes how 10 key industries in Canada are poised to benefit from the new economic policies of Prime Minister Justin Trudeau's Liberal Party government. It outlines several new funding initiatives for sectors like public transportation, the arts, housing, clean energy, and agriculture that could significantly increase federal funding. It provides examples of increased planned annual investments for specific industries and analyzes how this new funding could substantially boost their growth over the coming years.
Softer Solar Landings: Options to Avoid the Investment Tax Credit CliffGW Solar Institute
This document analyzes the potential impacts of allowing the 30% federal investment tax credit (ITC) for solar energy to expire at the end of 2016 as scheduled under current law. It finds that failure to extend the ITC could result in a 10% or greater increase in the cost of solar energy from 2016 to 2017, along with 42% fewer utility-scale solar installations and 15% fewer distributed solar installations in 2017. It considers several policy options Congress could pursue to mitigate these impacts, recommending a two-year extension of the current ITC levels followed by a gradual phase-out as solar and other technologies reach full market maturity and scale.
The document discusses decoupling policies that have been implemented in various U.S. states. Decoupling removes the relationship between utility revenues and sales volumes, allowing utilities to be compensated fairly regardless of energy sales fluctuations. Many states have adopted decoupling for electric and gas utilities to encourage conservation and energy efficiency. The document then provides details on specific decoupling programs and policies in place for utilities in different states.
The US-China Energy Cooperation Program (ECP) is a public-private partnership between US and Chinese companies and government agencies dedicated to facilitating clean energy business development and investment. It was founded in 2009 and has over 60 member companies. ECP aims to transform energy systems in both countries through 10 working groups focused on sectors like renewable energy, energy efficiency, and smart grids. ECP has helped member companies secure deals, influence policy, and establish new industries and markets. It also organizes meetings and missions between members and government stakeholders to advance cooperation goals.
Professor Jonathan Bradshaw. Poverty and a 21st century welfare system. Invited presentation. Involve Yorkshire & Humber Annual Lecture 2013, Alcuin Research Resource Centre, University of York, York , 29 November 2013.
This document discusses solar energy subsidies in the United States. It provides background on what subsidies are and explains that the solar investment tax credit (ITC) was recently extended by Congress for three more years through 2021. This extension will help stabilize the solar industry and the US economy by continuing to drive solar investment and job growth. The document also considers arguments against solar subsidies and presents counterarguments for why the solar industry deserves continued government support.
Government spending can be categorized into two types: purchasing of goods and services like military equipment and infrastructure, and transfer payments to individuals and other levels of government in the form of programs like Social Security. The impact of government spending includes its effects on resource allocation, income redistribution, competition with the private sector, and increasing the tax burden. The U.S. government's fiscal year runs from October 1 to September 30. It uses appropriations bills and distinguishes between mandatory and discretionary spending. Subsequent sections will discuss deficits, surpluses, and the national debt.
The federal government is the largest consumer of electricity in the US, purchasing over 57 million megawatt hours annually. The Department of Defense alone consumes over 29 million megawatt hours. Various statutes authorize federal agencies like the General Services Administration and Department of Defense to enter into multi-year contracts with electric utilities and renewable energy generators to meet their energy needs. These contracts can last up to 30 years and allow agencies to take advantage of incentive programs to reduce energy demand and install efficiency improvements with no upfront capital costs.
This document provides an overview of communication structures and protocols for automation systems from Siemens. It discusses internal communication paths within SIMATIC systems using backplane buses. It also covers external communication interfaces and multipoint bus systems like PROFIBUS and Industrial Ethernet that can connect multiple devices over longer distances. The document aims to help users understand options for communication planning and configuration when integrating different automation components and systems.
Este documento describe la carrera de un economista estadounidense llamado John Perkins y su trabajo para una compañía llamada MAIN. Perkins fue entrenado para convencer a países en desarrollo de tomar grandes préstamos para proyectos de infraestructura que los dejarían en deuda por años, beneficiando a los intereses estadounidenses. Usó sus habilidades para endeudar a países como Indonesia, Panamá y Colombia.
El documento presenta las instrucciones para un proyecto de herbario que incluye seleccionar al menos 60 especies de 22 familias botánicas, hacer una caracterización botánica de cada especie, ilustrar cada especie seleccionada con ilustraciones claras que muestren sus principales órganos, y provee un ejemplo de la familia Rosaceae con el género Pyrus y la especie communis.
Zhenfa is a renewable energy company based in China that has developed over 600MW of solar farms. They propose to build the Mugga Lane Solar Park (MLSP) and a smaller Community Solar Park (CSP) near Canberra. The projects will be developed and built in parallel to reduce risks and costs through economies of scale. The 1.2MW CSP will cost $2.65 million to develop and is expected to generate enough electricity in its first year to earn $300,000 before taxes, providing a 6-7% annual return on investment.
El documento describe un proyecto de viviendas unifamiliares agrupadas en una manzana, rodeadas por espacios comunitarios como jardines y plazas. En el centro de la manzana se encuentra un área comunitaria con viveros, juegos y una estación meteorológica. Las viviendas se disponen en planta baja o dos plantas según su entorno, y utilizan terrazas verdes, árboles y aislamiento térmico para controlar la temperatura y aprovechar el agua de lluvia.
Este documento describe varias herramientas ofimáticas como tablas de contenido, referencias, correspondencia, inserción de ecuaciones, notas, control de cambios, comparación de documentos, hojas de cálculo de Excel, listas de datos, formatos condicionales, tablas y gráficos dinámicos, funciones y validación de datos.
Democratic tensions, economic threats - South Africa 2015 State of the Nation...Brunswick Group
President Jacob Zuma’s eighth State of the Nation Address (SONA) lays out the priorities of government and provides us with a guide as to legislative and policy agenda and the likely general focus of Government. This note seeks to look past the political noise and analyse the implications for business.
For more information please contact our Johannesburg office: http://www.brunswickgroup.com/contact-us/johannesburg/
GLOBE Advisors - British Columbia’s Clean Energy Supply & Storage Sector Mark...GLOBE Series
British Columbia's clean energy supply and storage sector generated $4.9 billion in GDP and employed 25,100 workers in 2011. The sector is divided into clean energy generation, technology development and manufacturing, and smart grid and transmission. Clean energy generation accounts for most jobs at 9,800. Significant employment opportunities exist in engineering, project management, smart grid development, and plant operations and maintenance. Experienced engineers and skilled tradespeople are in high demand but difficult to source, especially for remote projects. Barriers to sector growth include dependence on public policy, funding cuts, low energy costs, small domestic market, and competition for skilled labour.
The Perfect Storm for Technology Enabled Reformdavidircameron
This white paper discusses the challenges facing the Scottish government and opportunities for technology-enabled reform. Key challenges include rapidly declining public budgets outpacing the speed of transformation, difficulty targeting preventative spending due to lack of data integration, and inaccuracies in forecasting skills demand. The paper argues that partnering across organizations, using data and analytics to power preventative actions, and creating an ecosystem to better share information can help navigate these challenges. Technology solutions could potentially deliver £1.5 billion in annual savings while improving services.
The renewable energy target solar administrative reportLuiz Cruz
The document discusses the progress and developments of renewable energy in Australia in 2016. Some key points include:
- Investment in both small and large-scale renewable energy installations continued strongly in 2016, with increased confidence in the large-scale renewable energy target. Over $4 billion in new renewable energy projects were committed.
- The small-scale renewable energy scheme saw a continued rise in average system sizes, driven by strong growth in commercial solar installations. Overall installation rates were high in the fourth quarter of 2016.
- 2016 saw some new challenges in regulating the renewable energy market as technologies advanced and new business models emerged that were not anticipated when legislation was originally drafted.
- With only a few years until the 2020
Deloitte UK State of the State Report 2016-17Deloitte UK
This year’s State of the State finds the UK Government moving from an era of challenge around one objective – eliminating the budget deficit – into an era of multiple and complex challenges. The next five years will see additional demands on the public sector as it manages the UK’s departure from the EU, continues to drive major reforms and maintains business as usual.
UK government is in the middle of a decade-long recalibration as the public sector aligns to a lower level of public spending. While the first half of this decade has been characterised by austerity and cost reduction, the next half should focus on aspiration and redesign as public sector leaders across the UK shape a more focused state.
The document provides background information on the Ontario government's budget timeline and cuts to the Ontario public sector since 2008. It describes how the global recession negatively impacted Ontario's economy, leading to budget deficits. It outlines the government's response through infrastructure spending but also reductions to the size of the public service. The document details cuts enacted in budgets between 2009-2011, including job losses, compensation freezes, increased privatization, and delivery of public services by the private sector.
The document provides a summary of the latest news on benefits and welfare reforms from various reports:
- A Local Government Association report found that household incomes on benefits will be £1,615 lower annually on average due to welfare reforms. Local authorities are taking steps to mitigate the impacts through information campaigns and financial assistance.
- A Citizens Advice Bureau report found that food bank use in Stirling increased 100% from 2011 to 2012, with 29% of referrals due to benefit sanctions or delays and 19% due to low incomes.
- A Papworth Trust report found that disabled people are being denied additional housing payments at a rate of one in three and are cutting back on food to pay higher rents under welfare reforms
This document discusses privatization and deregulation in Pakistan. It defines privatization as transferring ownership from public to private sector. Deregulation removes government rules in markets. Pakistan has pursued three phases of privatization since the 1960s to improve efficiency and reduce losses. Over $9 billion has been generated from 167 transactions privatizing industries like fertilizer, cement, and banks. The document also discusses potential privatization of KESC, OGDCL, and PPL. It outlines advantages like increased competition and disadvantages like risk of private monopolies forming from deregulation.
NCOSS Community Budget Briefing 2013-14 NSW State Budget_ncoss_
NCOSS analysis of the 2013-14 NSW budget papers at a community sector forum on 19 June 2013, from 2pm-4pm. Proceedings will be webcast via ncoss.org.au/webcast
The document discusses three key causes of Pakistan's power crisis: 1) Consumers are unwilling to pay the full economic cost of electricity, despite wanting an end to power cuts. 2) Subsidies disproportionately benefit higher-income households and industries rather than the poor. 3) High administrative and line losses due to theft and inefficiency, which account for billions in lost revenue annually. The National Power Policy aims to address these issues through cost-reflective tariffs, targeted subsidies for the poor only, and increased accountability to curb losses. However, bold reforms are needed to phase out subsidies faster and incentivize performance to truly solve Pakistan's long-standing power issues.
This case study examines the tax residence status of Kit, who was born in Chile but has lived in Australia for many years as a permanent resident. Kit meets the requirements to be considered a permanent resident of Australia, including living in Australia for 4 years on a permanent residency visa, with no more than 1 year spent outside the country within that 4-year period. As a permanent resident, Kit owns a home in Australia and has personal and spouse bank accounts there. However, Kit still retains Chilean citizenship. The case study analyzes whether Kit would be considered a tax resident of Australia based on the facts provided.
HML's Ireland October 2014 Commercial Bulletin contains all of the latest Ireland economic and financial data, including house prices, the unemployment rate and a Budget blog from Angela Keegan at Myhome.ie.
Presented by Andrew O'Brien, Head of Policy at Charity Finance Group (CFG) and Dr Alexandra Kelso Associate Professor of Politics at Southampton University.
A look at the implications of the 2015 election, and the new policy landscape for voluntary organisations.
https://www.ncvo.org.uk/training-and-events/evolve-conference
The document discusses the challenges facing India's power sector over the past decade. Key issues include high financial stress for both public and private power companies, stranded power generation assets, and power shortages in many regions. Attempts to introduce market forces through open access and competitive bidding have had mixed results. Factors contributing to the current problems include the failure of distribution companies to effectively procure power, poor performance of state generation companies, lack of adequate fuel supply, and delays in the procurement process. Moving forward, immediate actions are needed to address financial issues, ensure fuel availability for stranded projects, and improve the procurement process in order to revive investment in the power sector. Long term reforms are also required to establish a sustainable system and avoid repeating
20141215 Councils pool resources to make borrowing cheaper for one another - ...Markus Krebsz
The UK's first municipal bonds agency has moved closer to launching, with 48 councils signed up to invest. The agency will allow councils to borrow more cheaply for infrastructure projects as an alternative to the Treasury-controlled Public Works Loans Board. Councils could save over £1 billion in borrowing costs over 30 years if half their debt transfers to the new agency. Council investors must finalize their investments by the end of February 2015 for the agency to issue its first bond.
This document summarizes a recent court case, CIP Properties (AIPT) Ltd v Galliford Try Infrastructure Ltd & Ors, regarding cost budgeting in litigation. The key points are:
- The claimant's solicitors, Squire Patton Boggs, submitted a cost budget of over £9 million which the judge found to be disproportionate and unreasonable for a case valued at £18 million at most.
- The judge reduced the claimant's cost budget by over half to £4.28 million after analyzing and reducing the estimated costs at each phase of litigation.
- The judge criticized the claimant's solicitors for charging higher than guideline hourly rates and for using more senior lawyers for work that
Budget 2020 summary for workers and businessLaura Comben
#CountOnCardens
https://cardensaccountants.com/
Budget 2020 was packed with reliefs, funds and initiatives for business and workers but no ‘revolutions’ in the world of #VAT, Paye, income tax NI and corporation tax.
Contents:
Intro
Fiscal Projection
Protections for workers
Business measures
Private sector
Pay
Personal benefits
VAT
Research & Development
Drinks industry
Fuel
Summary
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
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Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
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My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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Not4 sale briefing paper
1. Queensland’s
Public Assets;
Power and Water
under attack.
Briefing Paper to MPs
There have been many statements made about Privatisation by Members of the
Queensland Parliament, stating they will not sell assets without a mandate from the people
of Queensland, however it is becoming increasingly obvious that these “promises” are in
contradiction to activities in these industries. Since 2012 we have seen massive job cuts
across the Queensland public sector and GOC’s including Stanwell, Ergon, Energex and
Powerlink in the power sector and now SunWater in the irrigation and water supply sector.
We require understanding as to how the Queensland Government can say one thing and
then allow crucial job cuts to frontline jobs affecting the delivery of our public assets. This
briefing paper also questions the Government’s financial calculations which form the basis
of its dishonest “Strong Choices PR campaign”, regarding the benefits of privatisation, and
concludes, apart from the rubbery contestable figures re: debt they also fail to factor in lost
revenue once essential profitable assets are sold.
May 2014
2. 2 | A s s e t s u n d e r t h r e a t
Background
More than 1660 jobs have been cut across the state owned Electricity sector since March 2012;
Electricity prices increased by 22.6% in July 2013;
Government contradiction in statements on assets sales; they will not sell assets without a
mandate, stating that they will likely seek a mandate to sell Generators Stanwell and CS Energy
and sections of SunWater at the next poll in 2015, while they will not seek a mandate to sell
Energex, Ergon or Powerlink until a later date;
Costello Audit – pressure to fully privatise most Government services including Power and Water;
IRP – sets out proposals 29 to outsource Ergon remote generation assets and shed jobs and
proposal 23 to close smaller regional Ergon depots with between 8 and 15 staff and replace them
with service agents.
In December 2013 the State Government announced its intention to seek a mandate to sell some
assets including some ports, roads, Water infrastructure and CS and Stanwell Electricity
generators. In the Statement by Treasurer Nicholls on 13th
December he also indicated the
Government would be initiating Private Equity deals in Ergon, Energex and Powerlink to the value
of $15 billion WITHOUT a Mandate.
In February 2014 two important reports have been released into two significant issues associated
with privatisation – historical analysis – Professor John Quiggin’s report into 20 years of
privatisation’s failures shows how selling assets is not only socially destructive but they actually
fail economically as well, while a Report presented by Orion Consulting showed how the State
Government could, if it, desired save each and every Queensland household up to $310 per year
off their power bills by “ring fencing” dividends and profits from the Electricity industry and
ploughing them back into the industry and its customers, importantly it would mean that the
Solar Feed in Tariff, the Service Obligations to remote customers could both be paid in full and
there would still be money left over to benefit customers, without selling any assets or reducing
maintenance.
http://www.etu.org.au/document/prof-john-quiggin-report
http://www.etu.org.au/document/orion-report-queenslands-power-industry
3. 3 | A s s e t s u n d e r t h r e a t
In March 2014 Treasurer Tim Nicholls announced he would be seeking public input into the
budget launching the $6 million so-called Strong Choices campaign of community forums and
saturation MSM and social media advertising complete with a flawed interactive website. The
community forums have been an abject failure with many community members being excluded
only to find out the rooms are half empty. However the PR campaign is attempting to frame the
debate as a choice between the “palatable Asset sales” or the taboos of “raising taxes and cutting
services” we believe this is a dishonest campaign based on lies and misinformation. The Strong
Choices website has been roundly criticised as a biased attempt to sway voters, with the
Treasurer himself describing it as a “Game”
Privatising assets does not improve the bottom line (Paraphrased from John Quiggin’s report)
“Total borrowings and other gross debt measures are economically nonsensical because they disregard
assets. On the relevant measures of a State’s financial position, namely net worth and measures of net
financial debt, Queensland remains in a strong position, and is projected to improve further over the period
of the forward estimates.” Professor John Quiggin,
The LNP deliberately overstates Queensland’s debt position to create an impression of a budget
emergency by quoting gross debt levels of between $100 billion and $120 billion.
Gross debt measures are economically nonsensical because they disregard assets. On the relevant
measures of a State’s financial position, namely net worth and net financial debt, Queensland remains in a
strong position.
The relevant measure here is net financial debt, the difference between financial assets, including
investments in Government owned corporations, and liabilities. According to the 2013-14 Budget Papers
(Chart 5.1) Queensland has net financial debt of $25 billion held against non-financial assets
(infrastructure and so on) valued at $190 billion.
Financial Impact of Asset Sales.
The LNP claims that it is necessary to reduce gross public debt by $25-30 billion and offers three ways to do
so: raising taxes, cutting spending or selling assets. The more we do of one, the less we have to do of the
others.
If we do what the Government wants and agree to all the proposed asset sales, the estimated proceeds are
$34 billion. The reward is a $1.7 billion saving in interest, which we are then invited to spend on desirable
things. (Strong Choices interactive website)
There’s just one problem. The calculation has omitted the fact that, if we don’t own public enterprises any
more, we forgo their earnings.
4. 4 | A s s e t s u n d e r t h r e a t
The 2013-14 Budget Paper 2 has a section devoted to public non-financial corporations. The total Earnings
Before Interest and Tax of these enterprises was $3.7 billion. Of this sum, $1.2 billion was paid to the state
in dividends, about $500 million in tax-equivalent payments.
How much will the public lose from Privatisation?
So, if we sold everything, we would forgo $3.7 billion in income, far more than the $1.7 billion net gain as
the Government suggests.
Current State of Play
Generation
In December 2012 two generating units were shut down at Tarong power station causing close to
200 jobs to be lost (at Tarong and the Meandu mine) and also creating a situation where 700MW of
Electricity was removed from Queensland’s Electricity market;
A review initiated in Stanwell Corporation as a result of the State Government push to “drive down
costs” close to 200 more jobs have been lost across the Stanwell sites including the axing of the
annual Apprentice intake;
Towns of Kingaroy, Nanango, Yarraman and other areas of South Burnett affected as well as areas
around the Rockhampton region;
150 people turned out to a ‘Save our Town’ rally in Nanango, clearly a lot of community anger;
A review is about to commence in CS Energy, with fears of further job cuts.
In February this year Stanwell Corp announced it would be mothballing Swanbank E gas-fired power
station and 33 workers would lose their jobs come 1st
October this year because the company could
produce gas for the market at $4 Gigajoule and sell it for $12 Gigajoule. Stanwell also announced it
would re-commission the mothballed Tarong Units, however there would not be any increase in
staffing levels at Tarong.
Result
First time ever Queensland has imported power from interstate. No cost savings, in terms of cheaper
power bills, to the consumer. In fact the only people to benefit from this are the small privately run
peaking stations in Queensland who are starting to make record profits.
Electrical Supply Industry; Ergon, Energex and Powerlink
The electrical supply industry has been heavily affected by the State Government imposing minimum 10%
cuts across the board, we have seen job cuts in excess of 1000 across Energex and Ergon and around 100 in
Powerlink many of them frontline positions. There have been significant cuts to vegetation management
programs and maintenance, as well as capital expenditure. While the Government continually says it is not
5. 5 | A s s e t s u n d e r t h r e a t
selling the assets (Energex, Ergon and Powerlink) we are seeing outsourcing of jobs and privatising services
as is evidenced by the following examples.
Recommendations from the “Independent” Review Panel (IRP)
When representatives attended meetings of the IRP they were told that Privatisation was not in the scope
of the Review, which was backed up by the publicly available scope set for the IRP. We note however, that
the IRP handed down findings regarding the possible privatisation of Electricity Assets.
The following IRP recommendations are currently being actively pursued, in line with Government policy
and consistent with the Treasurer letter to the Government Owned Corporations’ (GOC) Boards to cut
10%/year for the next three years.
Recommendation 23 is specifically about closing/outsourcing Ergon depots under 15 staff which includes
more than 40 depots across Queensland, many of which are in regional and remote areas.
Ergon representatives have visited many depots encouraging staff to take up the service agent option
where individuals essentially buy the right to seek contracts, a system that has failed in Victoria where
some staff unfortunately took the bait, they won contracts that provided very little field work, jobs were
therefore cut and when the three year contracts expired they were swamped by the large contractors.
Whole areas of regional Victoria were decimated.
This is Privatisation by stealth without a mandate.
Ergon Energy profits this financial year increased by 35% to $434 million, this raises the question as to why
Government would want to privatise an asset that provides an essential service, creates regional
employment and generates large financial deposits into State revenue. The combined profit of all Power
GOC’s were around $1B.
Private companies are focussed on profit instead of first and foremost providing an essential service.
We are more than willing to sit down with Government to discuss options to minimise the pressure on
Electricity price increases but it shouldn’t be at the expense of services and response times to our
communities and customers particularly customers in regional Queensland that already suffer as a result of
the remoteness of this State.
Recommendation 29, outsource/privatise 33 remote power stations which is accepted in principle and
implementation is with Ergon, they have just finished a restructure on the basis of a 20% reduction in
capital expenditure and operational expenditure but cut frontline staff by 30% and they proposed further
cuts to four power station attendants in communities such as Boulia, Cammoweal, Burketown and
Bamaga. Ergon is in discussions with Lend Lease to take this contract.
Recommendations 17 & 19 – Implemented resulting in the sale of Ergon’s ROAMES asset and Forest
Assets for approximately $40-60 million– without a mandate.
Powerlink
Powerlink have lost 100 jobs and are now the subject of a scoping study by Rothschild Merchant Bank in a
veiled attempt by the Government to prosecute the argument for sale.
Water infrastructure and supply
6. 6 | A s s e t s u n d e r t h r e a t
SunWater
SunWater - a profitable GOC was earmarked for sale in the Costello Commission of Audit and the recent
announcement that Macquarie Group will undertake a scoping study into how the Government can divest
its interests and show the Government is serious about selling off this vital infrastructure. The Government
has indicated it will keep control of the dams, however the water infrastructure such as pipelines and town
drinking water are in the sights for privatisation.
There have also been announcements from the CEO that up to 20% of the workforce or around 110 jobs
will be cut including the closure of regional offices like Toowoomba and Clare. Some examples of what is
at stake;
1. Blackwater Pipeline - Provides water for Blackwater Town Water Supply, Stock and Domestic farm
Offtakes and several Coal Mines;
2. Collinsville Pipeline - Provides water for Collinsville Town Water Supply, Stock and Domestic farm
Offtakes and several coal mines. Newlands Pipeline from same Pump Station provides water for
Glenden Town Water Supply, Stock and Domestic Offtakes and Newlands Coal Mine;
3. Eungella Pipeline - Provides water for Eungella Campground Water Supply. Provides part of the
Moranbah Town Water Supply, Stock and Domestic Offtakes and Hail Creek Coal Mine;
4. Burdekin Moranbah Pipeline - Provides part of the Moranbah Town Water Supply, Stock and
Domestic Offtakes and several Coal Mines;
5. BMA Operate and Maintain Contract - Provides part of the Moranbah Town Water Supply. Town
Water Supply to Middlemount, Dysart, Coppabella. Stock and Domestic Offtakes and several Coal
Mines.
Not4Sale
In just over 16 months we have achieved some good outcomes including;
7500 likes on our Facebook page, we have good interaction on Twitter and have just started up
with the photo app Instagram;
We have thousands of registrations on our Webpage;
We have people sending letters to their MP and the editor of their local newspaper;
We have worked with Tony Barry and the NSW expert on the impact of privatisation Sharon Beder;
There are now active Not4Sale supporters in every State electorate, including 26 N4S Community
Committees;
We continue to build on our relationship in the Cape, along with continual visits, radio interviews
and sharing of information on the perils of selling our assets with Mayors and community leaders;
7. 7 | A s s e t s u n d e r t h r e a t
Community campaigning on the ground in local communities that are already being affected by
massive job cuts, like Nanango;
Participation in local activities, Ag Shows, markets, NAIDOC celebrations and local events across the
State.
We played an instrumental role in highlighting the issues around privatisation during the Redcliffe
By-Election, we ran a strong “want to save your power assets…put the LNP last Not4Sale”
campaign. Exit polling conducted after the record 17.1% swing showed opposition to Privatisation
was one of the key issues in the LNP’s poor showing. A subsequent poll run in blue ribbon Clayfield
showed a 14% swing against the Treasurer on the back of significant opposition to Privatisation.
Job Cuts and Regional Pain
Snapshot
Ergon have axed more than 600 staff, many frontline jobs have been axed including live line
workers in Tully and other areas, increasing the prospect of workers being unable to respond to
outages and storm damage in a timely manner; as was recently witnessed during the aftermath of
TC Ita earlier this month.
Energex have axed in excess of 630 jobs and have cut Apprentice numbers from 280 Apprentices to
220;
Powerlink have lost 100 jobs and are now the subject of a scoping study by Rothschild Merchant
Bank;
Stanwell as indicated above, have shed more than 400 jobs with CS Energy expected to follow suit;
Proposals 23 and 29 of the IRP report will see a further 300-400 jobs cut across Ergon including
many Indigenous workers in remote areas.
Wider Industry Issues
Qld Government Electricity Strategy Discussion Paper
It is critical that any blueprint for the future of Queensland's energy industry is based on the correct
principles. Jobs, network safety and public ownership of assets will be key to see the energy
industry developing over the next three decades for the benefit of all Queenslanders, not just
private interests.
Proposal to Remove Subsidies from Remote Areas
Will have a massive impact on already disadvantaged communities, coupled with the outsourcing of
remote generation units and the closure of small remote depots will likely mean huge disparity in
access, cost and reliability of supply.
8. 8 | A s s e t s u n d e r t h r e a t
State-Wide Network Fire Reporting Framework
A call for the establishment of an open and transparent State-wide reporting framework for any
fires that occur on transmission or distribution networks in Queensland. A similar framework
already exists in Victoria where it was implemented following the Bushfire Royal Commission. It is
our view that this framework will be particularly important for regional communities.
Conclusion
Queensland’s public Electricity and Water assets are under threat of being privatised by stealth by
outsourcing work and reducing the workforce;
We are building a wide coalition of supporters from within communities to stand up and fight back;
We will be holding the Government to account, as we did with the Bligh Government and any other
Government that thinks that selling the peoples’ Assets is good Government Policy.
We reject the flawed economic thinking behind privatisation and conclude, based on facts and
historical examples that privatising Queensland’s essential Electricity and Water assets is a bad
policy that fails both socially and economically.
The Not4Sale campaign along with the ETU and State MP for Bundamba Jo Ann Miller have launched a
petition calling for a binding Referendum on Asset Sales because we believe Queenslanders deserve a real
say on the important issue. Further we believe the current $6 million "Strong Choices" campaign breaches
section four of the Liberal National Party Government's own advertising code of conduct, which says
advertising must be "free of political argument".
The Not4Sale Ltd team is currently out talking to Queensland MLA’s about our fears, the reality of what is
occurring now and what we believe the future holds, given the current direction. If you would like our
team to brief you in person, please contact me to arrange.
Regards
Lara Watson
Not 4 Sale Ltd
General Manager