UPDATE – Intesa Sanpaolo: fourth Energy Report presented at EU Parliament

BRUSSELS, Dec. 02, 2022 (GLOBE NEWSWIRE) — The fourth ‘MED & Italian Energy Report’ was presented yesterday, December 1, at the European Parliament. This year’s report is entitled ‘Alternative fuels: a strategic option for the Euro-Mediterranean area?’ and is the result of a joint effort by SRM (a research centre linked to the Intesa Sanpaolo Group) and the ESL@Energy Center of the Politecnico di Torino, in collaboration with the Matching Energies Foundation. The event was sponsored by MEPs Tiziana Beghin, Patrizia Toia and Marco Zanni, and was organised with the help of Intesa Sanpaolo’s European Regulatory and Public Affairs Office based in Brussels. The report, in line with previous issues, aims to assess and understand the current energy situation and future prospects in the Mediterranean region, focusing this year on alternative fuels (both biofuels and synthetics), which fit well with a circular economy approach and could be instrumental in supporting decarbonisation, particularly in maritime transport. As a matter of fact, alternative fuels could play a significant role in accompanying the ‘green’ transition process and supporting a decrease in energy dependence, while also strengthening Euro-Mediterranean integration.

After introductory speeches by the three MEPs and the Head of European Regulatory and Public Affairs at Intesa Sanpaolo, Francesca Passamonti, the 2022 Report was presented by Massimo Deandreis, General Manager of SRM, and Ettore Bompard, Director of the ESL@ Energy Center, Politecnico di Torino. The report findings were discussed among the speakers: representatives of Italian and European institutions, international trade associations, the energy industry and energy-related infrastructures. The Chairman of Compagnia di San Paolo and ACRI, Francesco Profumo, gave the closing remarks.

For more information:

LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/1da2722d-97f9-4c98-81f3-051be180b18c

GlobeNewswire Distribution ID 8707638

Intesa Sanpaolo: fourth Energy Report presented at EU Parliament

BRUSSELS, Dec. 02, 2022 (GLOBE NEWSWIRE) — The fourth ‘MED & Italian Energy Report’ was presented yesterday, December 1, at the European Parliament. This year’s report is entitled ‘Alternative fuels: a strategic option for the Euro-Mediterranean area?’ and is the result of a joint effort by SRM (a research centre linked to the Intesa Sanpaolo Group) and the ESL@Energy Center of the Politecnico di Torino, in collaboration with the Matching Energies Foundation. The event was sponsored by MEPs Tiziana Beghin, Patrizia Toia and Marco Zanni, and was organised with the help of Intesa Sanpaolo’s European Regulatory and Public Affairs Office based in Brussels. The report, in line with previous issues, aims to assess and understand the current energy situation and future prospects in the Mediterranean region, focusing this year on alternative fuels (both biofuels and synthetics), which fit well with a circular economy approach and could be instrumental in supporting decarbonisation, particularly in maritime transport. As a matter of fact, alternative fuels could play a significant role in accompanying the ‘green’ transition process and supporting a decrease in energy dependence, while also strengthening Euro-Mediterranean integration.

After introductory speeches by the three MEPs and the Head of European Regulatory and Public Affairs at Intesa Sanpaolo, Francesca Passamonti, the 2022 Report was presented by Massimo Deandreis, General Manager of SRM, and Ettore Bompard, Director of the ESL@ Energy Center, Politecnico di Torino. The report findings were discussed among the speakers: representatives of Italian and European institutions, international trade associations, the energy industry and energy-related infrastructures. The Chairman of Compagnia di San Paolo and ACRI, Francesco Profumo, gave the closing remarks.

For more information:

LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

GlobeNewswire Distribution ID 8707603

Hawaii Volcano Eruption Threatens Big Island’s Main Transportation Route

The lava flowing from Hawaii’s Mauna Loa, which is the world’s largest active volcano and erupted this week, is edging closer to the Big Island’s main highway.
The U.S. Geological Survey’s Hawaiian Volcano Observatory reported Friday that the main front of the lava flow was 5.2 kilometers away from the Daniel K. Inouye Highway, also known as Saddle Road, and could possibly reach it in a week.
But the USGS also said that because of the unpredictable nature of lava flows, it’s “difficult to estimate when or if the flow will impact” the highway, which is the island’s main east-west road.
If the main highway is cut off, Hawaii county officials say, traffic will be forced onto coastal roads, crowding them and adding hours onto a trip from Hilo, the largest city on the Big Island, to Kona, a tourist magnet, which takes just 90 minutes on the Daniel K. Inouye Highway.
Talmadge Magno, administrator of Hawaii County’s Civil Defense Agency, told reporters this week that if lava flows onto the highway it would likely take the federal government a few months to get it passable again once the flows halt.
After the eruption on Sunday, the lava initially moved quickly down steep slopes. Over the past day, it reached a flatter area and slowed significantly, moving at just 40 meters per hour. The sight has attracted visitors to the “once in a lifetime” spectacle.
The USGS says many variables influence exactly where the lava will move and at what speed. On flatter ground, lava flows spread out and “inflate” — creating individual lobes that can advance quickly and then stall.
Mauna Loa rises 4,169 meters above the Pacific Ocean, part of a chain of volcanoes that formed the islands of Hawaii. It last erupted in 1984.

Source: Voice of America

Prince William, Like His Father, Prioritizes the Environment

Britain’s Prince William capped a three-day visit to Boston by meeting with U.S. President Joe Biden on Friday, ahead of announcing his Earthshot Prize environmental award winners at a gala event.
The Prince of Wales shook hands with Biden and spoke quietly in the winter cold near the water outside of the John F. Kennedy Memorial Library and Museum. He also met Caroline Kennedy, the late president’s daughter, and told her that the stories of the Earthshot Prize winners were an inspiration.
William once again paid homage to President Kennedy, “the man who inspired our mission,” and said the “game-changing” solutions were being offered to protect the planet.
Kennedy’s legacy loomed large during the visit by William and his wife, Kate. William named his environmental award the Earthshot Prize, drawing inspiration from Kennedy’s moonshot speech that mobilized the nation in 1962 by declaring astronauts would set foot on the moon before decade’s end.
William became heir apparent less than three months ago with his grandmother’s death, but he was already crowned Britain’s chief environmentalist.
During his visit to Boston, William drew praise for his drawing attention to pollution and climate change and the need to scale up solutions to address them. Those efforts were culminating Friday evening, when the five winners of the royal couple’s Earthshot Prize for environmental innovators were to be announced.
“I just appreciate that they are using platform and publicity to bring attention to meaningful climate work,” said Joe Christo, who is managing director of Stone Living Lab, which researches nature-based approaches to climate adaptation, and was among those who met the royal couple at Boston Harbor on Thursday.
“I do know his dad is a big environmentalist,” he said. “He seems to be doing a great job continuing that legacy.”
The Earthshot Prize offers 1 million pounds ($1.2 million) in prize money to each of the winners of five separate categories: nature protection, clean air, ocean revival, waste elimination, and climate change. The winners and all 15 finalists also receive help in expanding their projects to meet global demand.
The winners were to be announced at Boston’s MGM Music Hall as part of a glitzy show headlined by Billie Eilish, Annie Lennox, Ellie Goulding, and Chloe x Halle. The show will also feature videos narrated by naturalist David Attenborough and actor Cate Blanchett.
William is following in the footsteps of his environmentally minded grandfather Prince Philip — the late husband of Queen Elizabeth II — and more recently his father and Elizabeth’s successor, King Charles III.
In his capacity as prince, Charles was for decades one of Britain’s most prominent environmental voices, blasting the ills of pollution. Last year, he stood before world leaders at a U.N. climate conference in Scotland and suggested the threats posed by climate change and biodiversity loss were no different than those posed by the coronavirus pandemic.
But now that he is king, Charles is expected to be more careful with his words and must stay out of politics and government policy, in accordance with the traditions of Britain’s constitutional monarchy. This year, he did not attend the U.N. climate conference in Egypt.
The caution presents an opportunity for William to step into that role as the royal family’s environmental advocate and speak more forcefully about the issues once associated with his father.
There is no better example than the Earthshot Prize.
“It’s a huge deal to Prince William,” Joe Little, the managing editor of Majesty Magazine. “He knows he can attract attention from the most important people. That really is the core of the Boston trip.”
After attending a welcome event Wednesday at City Hall and then a Boston Celtics game, the royal couple spent much of Thursday hearing about the threats of climate change and solutions in the works.
They got a firsthand look at some innovations at a green technology startup incubator called Greentown Labs, in Somerville. Among them were solar-powered autonomous boats and low-carbon cement.
“Climate change is a global problem, so it’s so important to have global leaders talking about the importance of taking action,” said Lara Cottingham, vice president of strategy policy and climate impact for Greentown Labs.
William and Kate also chatted with Katherine Dafforn, co-founder of Living Seawalls, an Australian company that designs environmentally friendly ocean infrastructure. “For all of us, time is ticking,” William said.
The couple’s first trip to the U.S. since 2014 is part of the royal family’s efforts to change its international image. After Elizabeth’s death, Charles has made clear that his will be a slimmed-down monarchy, with less pomp and ceremony than its predecessors. William and Kate arrived in Boston on a commercial British Airways flight.

Source: Voice of America

Colliers completes acquisition of Pangea

TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has completed its previously announced acquisition of a controlling interest in Pangea Property Partners (“Pangea”), a leading capital markets advisor in Sweden and Norway. Pangea becomes Colliers’ new company-owned operation in Norway and will merge with Colliers’ existing company-owned operations in Sweden. This transaction firmly positions Colliers as the dominant player in the Nordic region, building on our top-tier operations in Denmark and Finland.

About Colliers

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 63 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

Colliers Contacts:

Christian Mayer
Chief Financial Officer | Global
(416) 960-9500

Davoud Amel-Azizpour
Chief Executive Officer | EMEA
(44) 20 7487 7020

GlobeNewswire Distribution ID 8706500

Leonardo event in Brussels on the role of European Defence between innovation and sustainability

BRUSSELS, Belgium, Dec. 02, 2022 (GLOBE NEWSWIRE) — The annual Leonardo’s appointment in Brussels is renewed, with the top management of the aerospace industry giant and of the European institutions gathered in the historic Solvay Library. The event, dedicated to the theme “The path towards European Defence between global challenges and technological sovereignty,” was attended by the CEO of Leonardo, Alessandro Profumo, the European Commissioner for Economy, Paolo Gentiloni, while the President of the European Parliament, Roberta Metsola, sent a video message. Among the guests were many personalities from the political, business, and diplomatic worlds. “Innovation and sustainability are two sides of the same coin. Innovating is essential to be sustainable over time, having sustainability as a fundamental element of one’s strategy to be successful and having the ability to attract the best people who allow us to always be innovative,” stated the CEO of Leonardo before the beginning of the event. “Every euro that is put into the defence sector generates 1.4 euros of economic benefits in other activities, what we call extended benefits. We generate almost 3.6 jobs between direct and induced jobs, we are an important reality for Europe,” he added. Among the speakers also Bastian Giegerich, Director of Defence and Military Analysis, at The International Institute for Strategic Studies (IISS) in London, took the floor. “European defence needs to be rooted in European defence industrial competence and a resilient supply chain to enable a degree of European sovereign capability,” he said. “Defence industry is a strategic asset for Europeans: a capable defence industrial base contributes to national security and prosperity in form of jobs and skills, and can be a breeding ground for innovation and technological progress.” The event concluded a day of appointments opened by the presentation of the report on ‘The economic impact of the European aerospace and defence industry,’ by the European Association of Aerospace, Security and Defence Industries (ASD), chaired by Mr. Profumo. “If the GDP contribution of the European Aerospace and defence industry was a country in its own right – the report has shown – it would position the sector at the median GDP level among EU countries, with a GDP larger than the economies of 14 countries within the reference region.”

For more information:

LaPresse SpA Communication and Press Office Director
Barbara Sanicola barbara.sanicola@lapresse.it

A video accompanying this release is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68a1675a-d8af-4532-8be7-988e2d523a03

GlobeNewswire Distribution ID 8707353