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According to sources, members of the Irish Football Association have approved a resolution calling on UEFA to suspend Israels participation in European competitions.On November 8th, the Russian Ministry of Defense reported that Russian armed forces launched a large-scale attack on Ukrainian military-industrial enterprises and related energy facilities using high-precision weapons from the night of November 7th to the early morning of November 8th, hitting all targets. The report stated that the high-precision weapons used by Russia included the Kinzhal hypersonic ballistic missile. Russian air defense systems shot down 178 Ukrainian drones and two guided-missile bombs in the past 24 hours. According to reports from the Ukrainian Air Force and various levels of government agencies on November 8th, from the night of November 7th to the early morning of November 8th, Russian forces launched a large-scale missile and drone attack on Ukraine, damaging energy and railway facilities in Poltava, Kharkiv, Kyiv, and Dnipropetrovsk regions. Emergency power outages were implemented in multiple areas, including Kyiv, Kyiv, and Kharkiv. As of the morning of November 8th, the attacks had resulted in four deaths. The Ukrainian State Electricity Company posted on social media that day that several Ukrainian regions were experiencing emergency power outages due to the airstrikes, and industrial users continued to experience power rationing.Egypts Ministry of Petroleum: A new shipment of liquefied natural gas, amounting to 150,000 cubic meters, has been exported to Greece via a vessel chartered from Shell.On November 8, Chicago Mayor Brandon Johnson addressed the UN Human Rights Council on November 7. Johnson stated that the US federal governments refusal to accept review by the Human Rights Council was an attempt to evade scrutiny. He argued that the Human Rights Council should apply the same accountability standards to the US federal government as it does elsewhere in the world, and that no country is above international law. Johnson called on the Human Rights Council to send independent experts to Chicago to investigate the challenges facing the city; he also urged the Council to take further accountability measures, including convening a special session to investigate the worsening human rights crisis in the United States. The UN Human Rights Council was scheduled to hold its fourth round of Universal Periodic Review (UPR) on November 7, but the US representative refused to attend, preventing the review from proceeding normally. The Human Rights Council adopted a decision that day urging the United States to resume cooperation with the UPR mechanism.Russian Ministry of Defense: Russian troops have occupied the village of Vovche in the Dnipropetrovsk region of Ukraine.

Airbus And Qantas Are Nearing Their First Sustainable Aircraft Fuel Investment

Aria Thomas

Feb 27, 2023 14:02

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Airbus SE (OTC:EADSY) and Qantas Airways Ltd plan to disclose the first investment from a $200 million fund to develop a sustainable aviation fuel (SAF) industry in Australia within the next month, according to an Airbus executive.


The companies established the fund after Qantas committed to incorporating 10% SAF into its fuel blend by 2030 and placed a multibillion-dollar order for narrowbody and wide body Airbus aircraft.


Australia lacks a SAF industry, so Qantas must purchase the petroleum at international airports.


Stephen Forshaw, Airbus' chief representative for Australia, New Zealand, and the Pacific, stated that the manufacturer and Qantas met weekly to discuss investments of more than $1 million in early-stage SAF initiatives in Australia.


"The first investment has been made, but it has not yet been finalized," he said in an interview prior to Tuesday's opening of the Australia International Airshow. "We've both consented to it, and I believe we'll make an announcement about its completion within the next month or so."


Qantas declined to comment.


According to Forshaw, the majority of investments under consideration involve seed financing, in which the partners may take a minority equity stake.


"Some of them could even predate Series A. It may afford us the opportunity or right of first refusal to invest in Series A, Series B, or beyond "he said. "The pace will then determine if we wish to do so or if we believe it is time to offer it up to other investors."


Given the limited availability of feedstock such as oils and fats, he deferred to specify the type of project that would receive the initial investment. However, he stated that Australia had a great deal of long-term potential to use solar energy for projects that would help meet demand.


Andrew Parker, the chief sustainability officer for Qantas, told analysts last week that the airline could achieve its 2030 goal of 10% SAF through purchases in London and California alone, if necessary, but noted that 70% of the airline's total fuel was sourced from Australia.


"We recognize we must play a leading position in developing a domestic industry," he said, adding that domestic production could begin in the latter half of the decade.


Qantas anticipates that by 2050, approximately 60 percent of its fuel will be SAF in order to satisfy its target of net zero emissions.

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