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Live Webinar | Strong Customer Authentication: The role of Biometrics in PSD2




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Live Webinar | Third-Party Risk Management: How to Mature Your Program Beyond Just Outside-In Scanning




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Ransomware Slams Healthcare, Logistics, Energy Firms

Attacks Traced to Gangs Wielding Nefilim, Snake Strains
Ransomware attacks hit at least four large organizations around the world this week, including a hospital group in Europe that has been battling the COVID-19 pandemic.




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Webcast: Keeping Remote Workers Safe and Your Work Secure

This webcast gives 6 tips for keeping employees safe and mitigating security threats as your workforce goes remote.
Learn how to protect employees from malicious web content.




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APT Group Wages 5-Year Cyber-Espionage Campaign: Report

Naikon Hacking Group Targeted Asia-Pacific Countries With New RAT
Over the last five years, a hacking group that's apparently tied to China has been targeting government ministries in the Asia-Pacific region as part of a cyber-espionage campaign, according to Check Point Research.




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Testing Medical Device Security During COVID-19 Crisis

As manufacturers - including companies such as automakers that do not typically produce healthcare devices - race to help fill medical equipment shortages during the COVID-19 crisis, steps must be taken to ensure adequate security testing, says Fairuz Rafique of cybersecurity services firm EmberSec.




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Live Webinar | Best Practices for Securing Unmanaged and IoT Devices at Massive and Growing Scale




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FFIEC Final Authentication Guidance

The Final FFIEC Guidance has been issued and its main intent is to reinforce the 2005 Guidance's risk management framework and update the Agencies' expectations regarding customer authentication, layered security, or other controls in the increasingly hostile online environment.




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RBI: Security Issues and Risk Mitigation Measures Related to Card-Present Transactions

The Reserve Bank of India on Sept. 22, 2011 issued a notification on security issues and risk mitigation measures related to card-present transactions.




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Ransomware Slams Healthcare, Logistics, Energy Firms

Attacks Traced to Gangs Wielding Nefilim, Snake Strains
Ransomware attacks hit at least four large organizations around the world this week, including a hospital group in Europe that has been battling the COVID-19 pandemic.




ca

APT Group Wages 5-Year Cyber-Espionage Campaign: Report

Naikon Hacking Group Targeted Asia-Pacific Countries With New RAT
Over the last five years, a hacking group that's apparently tied to China has been targeting government ministries in the Asia-Pacific region as part of a cyber-espionage campaign, according to Check Point Research.




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[Ticker] 'Significant weaknesses' on EU disinformation approach

A new report from the European Regulators Group for Audiovisual Media Services (ERGA) on the implementation of the EU Commission's 2018 code of practice on disinformation reveals "significant weaknesses" linked to the lack of transparency and voluntary approach. ERGA proposes shifting from the current flexible self-regulatory approach to co-regulatory. The code targeted companies such as Google, Facebook and Twitter.




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[Podcast] Winning the Car Wars

Lockdowns in response to the coronavirus mean quieter cities, clearer skies and easier breathing. For many city dwellers the lack of cars has been a revelation amid the suffering and loss inflicted by Covid-19.




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[Ticker] Over 90,000 healthcare workers infected worldwide

The International Council of Nurses (ICN) have said that at least 90,000 healthcare workers worldwide are believed to have been infected with Covid-19, and possibly twice that, amid reports of continuing shortages of protective equipment, the Guardian reports. The disease has killed more than 260 nurses. The ICN urges authorities to keep more accurate records to help prevent the virus from spreading among staff and patients.




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[Ticker] Denmark to re-open malls, cafes, restaurants next week

Denmark is set to reopen shopping malls, cafes and restaurants from next Monday (11 May) when older children will also return to school as the country enters the second phase of easing its coronavirus lockdown, Reuters reported. Daycare centres and primary schools were allowed to open their doors two weeks ago, followed by other small businesses. Daily infections and hospital admission have been steadily decreasing.




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MEPs: Czech PM Babis can't be in budget talks

MEPs said the Czech PM should fully resolve the possible conflict of interest in a company that receives EU funds - or resign.




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[Ticker] Only 59 minors relocated from Greece

A plan to relocate, from Greece, 1,600 unaccompanied minors seeking asylum to other member states have so far netted 59 transfers. Twelve minors have been sent to Luxembourg and 47 to Germany. The European Commission says Portugal and Slovenia are next to take some in. They hope to relocate the remaining minors over the next few months.




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Renewable Energy Provides 100% of All New US Electrical Generating Capacity in November 2013

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's Office of Energy Projects, solar, biomass, wind, geothermal, and hydropower "units" provided 394 MW — or 100 percent — of all new electrical generation placed in-service in November 2013. There was no new capacity during the month from natural gas, coal, oil, or nuclear power. Renewable energy sources also provided 99 percent of all new electrical generating capacity in October.




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2013 Draws to a Close: Clean Energy Scorecard

Global private capital renewable energy investments are still above $250 billion for 2013. While the final numbers are not in yet, 3rd quarter global renewable energy investments, according to Bloomberg New Energy Finance’s latest data on deals and projects, notes slightly lower global investment than in 2012 due faltering “political will to decarbonise energy mix.” They further note that the third quarter’s decline in investment will push the year’s overall investment in renewable energy and energy-smart technologies down below 2012's $281 billion. But $250+ billion ain’t shabby.




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Latin America Report: Solar's Auction Debut in Brazil

After being shut out of previous renewable energy auctions, and delaying its own auction by two weeks, the state government of Pernambuco held the nation's first solar energy auction on December 27, registering 122.82 MW of energy, six times the country's current entire solar energy output (20 MW). The auction involved 34 bidders proposing roughly 1 GW of capacity; at the end it was narrowed to six companies from Brazil, Italy, Germany, China and Spain. Average price of power finished trading at 228.63 Brazilian reais/MWh (just under U.S. $97), about 9 percent lower than the starting price of R 250.




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Cameron Tells EU Renewables Goal May Cost UK 9 Billion Pounds

Prime Minister David Cameron urged the European Commission to reject calls for a renewable energy target, saying such a plan may cost U.K. consumers 9 billion pounds ($14.8 billion) a year by 2030.




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Europe Dividing Over Most Ambitious Carbon and Climate Plans

The European Union is poised to take its first formal steps to expand the world’s most ambitious limits on fossil fuel pollution. That may widen a rift in how it balances green policies with the need for cheaper power.




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Citi Sees Capital Markets Reviving Renewables as Banks Bow Out

Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.




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Will UK Carbon Emission Rules Lead to Energy Shortages?

The U.K. risks power shortages because utilities may react to Europe’s toughest carbon emissions rules by closing plants without replacing them.




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Capital for Clean Energy Easier to Find as Investors Seek Simplicity

Simplifying finance vehicles for renewable energy will lure more investors and lower the costs of capital.




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Africa to Quadruple Renewables on ‘Huge Potential,’ Irena Says

Africa’s renewable energy capacity is expected to quadruple to about 120 gigawatts by 2030 if investors dedicate “substantial flows” of funds to the region, the InternationalRenewable Energy Agency said.




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Japan Calls US Emissions Plan a Bold Step Away From Coal

Japan said the U.S.’s proposed cuts in greenhouse-gas emissions from its power plants is a bold step to tackle climate change.




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Unique study of net evaporation at a hydroelectric facility in Canada

A first-of-its-kind study of net evaporation at a hydroelectric facility reveals that the project has very little effect on the loss of water to the atmosphere as compared with pre-impoundment conditions.




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EU Needs Low-Carbon Energy Union, Ministers’ Advisory Panel Says

The European Union needs an ambitious emissions-reduction goal, targets for energy- efficiency and renewables as well as tools to foster investment under its planned 2030 policies, an advisory panel to 14 ministers said.




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EU May Renew US-Biodiesel Tariffs Targeting ADM to Cargill

The European Union threatened to renew tariffs on biodiesel from the U.S. for another five years in a sign of persistent trade tensions over renewable energy.




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EU Approves UK Payments for Renewables, Capacity Guarantees

The European Commission approved the U.K. government’s renewable energy contracts and so-called capacity payments, saying the program that benefits power plants complies with state-aid rules.




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South Africa Seeks to Improve Process for Renewable Energy Deals

South African Energy Minister Tina Joemat-Pettersson said her department wants to address weaknesses in the process of commissioning renewable-power projects.




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RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec

California and Quebec, which together created the largest carbon market in North America this year, may come away empty-handed as they woo northeastern U.S. states to join their system.




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Canadian Spotlight

The latest hydropower industry news from Canada




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Are Environmental Regulations Causing US Utility Bills to Surge?

U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.




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UN Sees Irreversible Damage to Climate Caused by Fossil Fuels

Humans are causing irreversible damage to the planet from burning fossil fuels, the biggest ever study of the available science concluded in a report designed to spur the fight against climate change.




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Carbon Breakthrough: US, China Make Milestone Agreement to Fight Climate Change

President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.




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India Plans Renewables Splurge, But Will Not Commit to Carbon Plan

India, the world’s third-largest polluter, will spend at least $100 billion on climate-related projects but isn’t ready to follow China and the U.S., the top two emitters, in promising to limit its fossil-fuel emissions.




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Renewable Energy Expanding in South Africa

South Africa plans to triple electricity production from renewable-energy sources to help alleviate power shortages that caused rolling blackouts throughout the country in recent weeks.




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California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent

California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.




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Utility GDF Suez Plans to Double European Renewable Capacity by 2025

GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.




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California's Clean Tech Industry Best in US for Jobs and Investment

California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.




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Africa’s First Grid-Connected Biogas Plant to Start in Kenya

Africa’s first grid-connected biogas plant will begin supplying power by March 1, according to Johnnie McMillan, managing director of Tropical Power Kenya Ltd.




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Carbon Emissions Stop Rising for First Time in 40 Years

Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.




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Land Claim Could Halt South Africa Bioenergy Project

A land claim brought against South Africa’s largest sugar farmer threatens to stop a 1.1 billion rand ($90 million) renewable-energy project that will produce electricity by burning leftover cane leaves and tops.




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Obama Orders US Agencies to Cut Carbon Emissions 40 Percent by 2025

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.




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Republican Texas Bows to California and Backs Energy Finance Plan

Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming.




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Carbon Market Overhaul Closer After EU Lawmakers Approve Plan

European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.




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Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.




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Part IV: Justice Delayed — Will Politics Trump Justice in the Case of the Clean Power Plan?

By the time this column is published, oral arguments in the legal challenge to the Clean Power Plan will have already been made. The en banc panel of 10 appeals court judges is not likely to render its decision before the New Year.  No matter the opinion, it will be appealed to the U.S. Supreme Court.