Norway tightens coal investment rules, expands renewable options for sovereign wealth fund

first_imgNorway tightens coal investment rules, expands renewable options for sovereign wealth fund FacebookTwitterLinkedInEmailPrint分享Bloomberg:Norway plans to tighten restrictions on coal investments for its $1 trillion sovereign wealth fund while opening it up for renewable-energy infrastructure assets.The government proposes to expand its coal ban by adding absolute caps on production of thermal coal, or its use in power generation, which would target big companies such as Glencore Plc, Anglo American Plc, BHP Group Ltd., RWE AG and Uniper SE. The current restrictions, introduced in 2015, have been criticized by politicians from opposition parties and environmental groups because their emphasis on relative thresholds mean miners and utilities with a big exposure to coal were left out.The government proposed to keep the current rules excluding companies that base more than 30 percent of their revenues or activities on coal, while adding absolute limits of 20 million tons of coal for miners and 10,000 megawatts for power capacity.To be sure, the current rules allow the fund to stay invested in a company in breach of the threshold if it has specific plans that would make it compliant at a later point, suggesting that could also be the case for the new restrictions. Norway’s coal ban has already led the fund to exclude 69 companies.The Conservative-led government earlier resisted calls from several political parties and environmental activists to allow the fund to invest in renewable infrastructure, but said on Friday that expectations of significant future investments in these assets made the market interesting.The government proposed a cap of 2 percent of the fund for renewable-energy infrastructure, and signaled that it would start out in developed markets only. It proposed doubling the upper limit on the so-called environment-related mandates to 120 billion kroner ($14 billion), it said in the statement.More: Norway wealth fund to tighten coal ban, add green infrastructurelast_img read more

Male Grooming: Top 5 Hair Products for Men

first_imgWell folks as we get closer to Christmas, the gentlemen that frequent Mavericks hit an annual high point of male grooming. We all want to look our best most days but as Christmas draws near and the staff parties are in full swing we are all trying to look our absolute best.One thing that is for sure when it comes to your hair style your best look can only be achieved with the best products and the best one for your hair!So The Mavericks decided we should list the top 5 hair products for men. After a few beers a lot of arguing and some strange tests, what we came up with is as follows… 5. Dapper Dan Matt ClayFor those messy looks with a strong hold. Dapper Dan Matt Clay offers a strong hold with a fantastic matt finish. This clay is soft and easy to apply and washes out first time, every time, guaranteed. You won’t find a better Strong hold matt product. Remember… a little goes a long way, but for more hold and grip simply add more product. 4. OSiS Mattifying Powder Dust ItOSiS Mattifying Powder Dust It has a lightweight texture to assist the natural movement of your hair, whilst adding volume and texture for a matt finish. Its versatile control effect means the more you apply the more control you get, but you’ll be amazed by the massiveimpact gained with such little product. Dust It Mattifying Powder has an OSiS Control Level of 1 for natural movement and style.3. Dear Barber Shaping CreamDear Barber shaping cream is great for a flexible hold for textured or smooth hairstyles. Very easy to use and great value as very little product is required to get the hold you want. It is fantastic for a natural no product look…2. Layrite OriginalLayrite is a revolutionary product in gent’s hair styling. If there was nothing else good about it, how easily it is washed out of your hair would be reason enough to buy it. However, it is simply one of the best and most versatile produces you could be lucky enough to get your hands on. It you are rocking a quiff, or a pomp you will get the height and volume with Layrite.If you are going for a textured look you will get the finish with Layrite, if you want a mid sheen or a matte look you can get it with Layrite. We have selected the original but the good news is there is a full range of Layrite products available. It’s a product every man should try, just to see how good it is. 1.Maverick’s Matte ClayDisregarding the possibility of being labelled biased, the number one product we settled on was our own Mavericks Matte Wax. How can we be so shamelessly brazen? Well here is our argument…. Mavericks Matte Wax is a very forgiving product. Some products you need toknow exactly what you’re doing with them to achieve the results you want, get the process wrong and you’ll never get the results. With Mavericks Matte Wax it’s just not the case, you can work and work at it and it will not dry up too quickly on you, or, lose its hold if you work it too much.Secondly it works well on either damp or dry hair and it won’t affect the results too much either. It works great with most hair types for textured, high, slicked, or natural styles. Another feather on its hat is, it is actually the best value out of all top 5 products.However, like everything else, it just had to be a fantastic product in the first place otherwise Mavericks would never have put their name on it….. For more info on male grooming call into us on lower Main Street Letterkenny, we guarantee great haircuts in a classic barbershop environment.Also follow us on Facebook, we have some giveaways on there this week. Mavericks also do vouchers!Male Grooming: Top 5 Hair Products for Men was last modified: December 9th, 2016 by Mavericks BarbersShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:CHristmashair productsletterkennymale groomingMAVERICKSlast_img read more