Bank of the West moves forward with fossil divestment plans

first_img FacebookTwitterLinkedInEmailPrint分享Denver Post/Associated Press:Bank of the West’s decision to divest from certain fossil fuel investments has run headlong into threats of retaliation in Colorado, Wyoming and other states that rely heavily on coal, oil and natural gas extraction for revenues.The San Francisco-based bank recently made it known that it would be “investing where we feel we can make the most impact” and withdrawing support for companies and business activities that are “detrimental to our environment and our health.”That includes no longer doing business with companies whose main activity is tied to oil and gas from shale or tar sands or financing oil and gas exploration or production projects in the Arctic. Nor will it finance coal mines or coal-fired power plants not actively involved in the energy transition. And the company also is cutting ties to tobacco-related businesses.“As the bank for a changing world, we’re continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth,” the company, which is a holding of French banking giant BNP Paribas, said online.The stance, which has won support from environmental groups, doesn’t sit well in places like Colorado’s Western Slope where residents rely heavily on traditional energy production for their livelihood.Bank of the West is Colorado’s fifth largest bank with $4.5 billion in deposits as of June 30, 2017. It has 75 locations in Colorado, the bank’s second largest concentration of any state after California with 235 locations, according to the Federal Deposit Insurance Corp.More: Bank of the West’s anti-fossil fuel stance sets off firestorm in Western Slope, energy states Bank of the West moves forward with fossil divestment planslast_img read more

Duke’s Allen understands he has to address concerns head-on

first_imgMOST READ View comments Steam emission over Taal’s main crater ‘steady’ for past 24 hours Allen put off turning pro after his sophomore and junior years because he enjoyed college and wanted to make another run at the Final Four. He averaged 14.1 points in his career and joined Grant Hill, Jon Scheyer, Danny Ferry, and Johnny Dawkins as the only Duke players with at least 1,900 points, 400 rebounds and 400 assists.Allen’s leadership and ability to blend with four freshmen in the lineup last season, particularly after a switch to a zone defense in February, were crucial for the Blue Devils. Duke just missed another trip to the Final Four with an overtime loss to Kansas, after his bank shot over two defenders at the end of regulation hit the rim, bounced off the backboard and hit the rim again before rolling off.Now, Allen hopes to show teams these next few weeks that he is not only an intelligent player but the type of person NBA executives want in their locker room.“I just want to answer any questions they have,” he said. “Just kind of show my personality, just let these teams get to know me, get to know me outside of what they see on the court, not just what kind of player I’ll be on the floor but what kind of person they’ll have in the locker room as well.” Grayson Allen, from Duke, listens to a question as he speaks with reporters at the NBA draft basketball combine Thursday, May 17, 2018, in Chicago. (AP Photo/Charles Rex Arbogast)CHICAGO — The way Grayson Allen sees it, he might as well attack this full-court press head-on.The guard from Duke understands the concerns NBA teams might have about him after four polarizing seasons with the Blue Devils during which he attracted about as much attention for play that crossed the line as he did for his accomplishments on the court.ADVERTISEMENT China population now over 1.4 billion as birthrate falls LATEST STORIES Don’t miss out on the latest news and information. Jury of 7 men, 5 women selected for Weinstein rape trial Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Pacquiao says Matthysse bout to be ‘basis’ for retirement callcenter_img Volcano watch: Island fissures steaming, lake water receding Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award He is projected as a late first-round or early second-round pick after helping Duke win a championship and at times attracting attention for the wrong reasons.The Atlantic Coast Conference reprimanded Allen for appearing to trip two players on purpose in 2016. He served a one-game suspension by coach Mike Krzyzewski and got stripped of his captain’s title in the 2016-17 season after he got caught tripping an opponent. Though he basically stayed out of trouble this past season, Allen hip-checked North Carolina’s Garrison Brooks in the ACC Tournament.And when it comes to the NBA, Allen no doubt has some explaining to do. With the draft on June 21, the next few weeks are his chance to ease any concerns league executives have, to show his emotions are under control.“I think the NBA, they like competitive guys,” he said.An overlooked member of a heralded recruiting class, Allen grabbed the spotlight as a freshman at the 2015 Final Four. He wound up providing a huge lift off the bench, scoring 16 points in the championship game victory over Wisconsin that gave Duke its fifth title.ADVERTISEMENT Jiro Manio arrested for stabbing man in Marikina Winfrey details her decision to withdraw from Simmons film Dave Chappelle donates P1 million to Taal relief operations In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ “You have to address it, for sure,” he said Thursday at the league’s draft combine. “It’s something that comes from my competitiveness. Competitiveness that I’ve had as a player, competitiveness that was pointed in the wrong direction and went over the line. It’s obviously something that I needed to work on and address.”Allen said he’s gotten “a lot better” controlling his competitiveness, without losing it.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crown“It’s something you don’t want to put away,” he said. “You don’t want to put competitiveness and emotion away, so you learn to play with it. You learn to use it for your team. That’s what I’ve been saying.”The question is whether Allen can channel that emotion in a positive direction. Sports Related Videospowered by AdSparcRead Nextlast_img read more