Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) WNY News Now Image.JAMESTOWN – The date when DMV locations in Chautauqua County will reopen to the pubic still remains unknown.Chautauqua County Clerk Larry Barmore says that even though New York State Governor Andrew Cuomo announced last week that DMVs in the state would reopen last Tuesday, he says that only applies to state-run locations.“They opened on Tuesday to do drop box and mail-in work as the county operated DMVs have been doing all along,” said Barmore in a news release. “There are no in-person visits allowed in New York State.”The Clerk says currently vehicle registrations can be renewed by drop box or mail as well as plate surrenders and new vehicle registrations. When DMVs re-open, he says they those services will continue to be done remotely.Services that require an in-person visit, like CDL testing, licensing, driver’s license renewals and upgrades are currently unavailable.The Clerk says that when reopening happens, in-person visits will require an appointment.“We have already been told by NYS that permit testing for Class D licenses will not be available until a later time,” said Barmore. “Driver’s licenses that have expired on March 1, 2020 or later are extended indefinitely so there is no need to worry if your license has already or is about to expire. You can renew your driver’s license online if you desire.”He says those who need to get an eye test should have the results sent to DMV electronically.“If you received a license renewal in the mail, you can mail it to the state, but the eye test form enclosed must be filled out by an optician,” furthered Barmore. “The federal government has announced that New Yorkers will not need a Real ID compliant license to fly domestically until October 1, 2021.”Currently, the local DMV is under orders to work at 40% staffing, so the Clerk asks residents to be patient when mailing or placing drop box requests.He says when the locations are ready to re-open for in-person visits, the news will be announced on the local DMV Facebook page.
Climate change not only poses risks but also investment opportunities in infrastructure, impact investments and possibly even private equity, according to René van de Kieft, chief executive of the €123bn asset manager MN.Commenting on a recent paper published by the Sustainable Pension Investment Lab (SPIL), a Dutch thinktank of which he is a member, Van de Kieft gave several examples of immediate investment opportunities.San Francisco’s sea defences could be strengthened and smart technologies could be adapted for clean energy generation, he said. Developers were making progress in areas such as climate control and energy-efficient lighting, Van de Kieft added, citing the development of an energy-efficient ice-skating rink in the Dutch town of Heerenveen.Large family-owned firms could also play an important role, the chief executive said, citing a firm that was developing a waste-powered electrical industrial dryer for food and fodder, to replace current gas-guzzling ones. “Investments in sustainable technologies could get a boost through these players,” he said.In Van de Kieft’s opinion, infrastructure and property projects also offered investment opportunities for pension funds, pointing at plans to improve sewerage systems to deal with increasing rainfall as a result of climate change.He also mentioned investments in “truly sustainable offices in London and Paris with excellent prospects for returns”.MN’s CEO forecasted that large pension funds, which already invest in these kind of projects, would further ramp up their allocation.He said he agreed with Deutsche Asset Management’s recent observation that small- and medium-sized pension funds insufficiently appreciated important immediate climate risks, such as the impact of hurricanes and flooding on production facilities.The SPIL report reiterated that no pension fund could ignore climate risk, especially after supervisor De Nederlandsche Bank indicated that schemes’ climate policy was to become part of its supervisory framework.Earlier, the regulator indicated that pension funds were more suscepticle to climate risk than insurers and banks, but that they also had more potential to benefit sooner from the upward potential of some investments.The SPIL paper concluded that a quick start to a gradual and orderly transition to a sustainable economy would be best for pension funds.The longer they waited until the physical impact of climate change was visible, the more difficult it would be to remove climate risk from their investment portfolio, it said.Citing figures from the Economist’s Intelligence Unit, SPIL said worldwide there would be $4.2trn (€3.6trn) of value at risk at the end of this century if global warming continued at current trends.This amount could increase to $13.8trn if global average temperatures were to rise by 6°C rather than 2°C.Van de Kieft emphasised that climate risk would affect all sectors and asset classes.Newton IM joins investor climate groupIn other news, Newton Investment Management has joined the Institutional Investors Group on Climate Change (IIGCC). IIGCC is a forum of 146 “mainly mainstream” investors with over €21trn of assets uner management, including nine of the top 10 largest European pension funds or asset managers.On the occassion of the recent round of UN climate change negotiations in Bonn (COP23), the IIGCC confirmed it was building a new programme focussed on investor practices and disclosure of climate risk. Speaking at the COP23 in Bonn, Peter Damgaard Jensen, CEO of Danish pension fund PKA and chair of the IIGCC, said the investor-focussed programme completed its existing programmes of engagement with policymakers and shareholder engagement with corporates. The new programme would allow asset owners and managers to ”share best practice around assessing, managing and reporting climate risk and investing in the opportunities that support a smooth transition to a low carbon economy,” he said.
Saturday, February 16, 2013â€¢2:10 a.m. Mitchell Norris, 18, Milan was issued a notice to appear charged with fail to yield right of way.â€¢2:06 p.m. Tammy J. Sones, 42, Argonia was issued a notice to appear charged with seatbelt violation. Wellington Police notes for Friday, Feb. 15 to Monday, Feb. 18, 2013Friday, February 15, 2013â€¢9:38 a.m. Don J. Sharpsteen, 55, Wellington was arrested, charged and confined with possession of methamphetamine and possession of drug paraphernalia in the 300 block. N. B, Wellington.â€¢1:10 a.m. Officers took a report of found keys in the 600 block. N. A, Wellington.â€¢12:34 p.m. Non-Injury accident in the 500 block. E. 16th, Wellington involving vehicles operated by Daryl D. Donaldson, 43, Rose Hill, and Tonya M. Bernd, 35, Belle Plaine.â€¢4:29 p.m. Officers investigated criminal use of a financial card in the 2000 block. E. 16th, Wellington.â€¢5:02 p.m. Jeffery L. Redford, 34, Wellington was arrested and charged with burglary and theft in the 200 block. N. C, Wellington.â€¢6:26 p.m. Officers took a report of a mental subject in the 600 block. E. 9th, Wellington.â€¢8:42 p.m. Cynthia G. Hayes, WF, 53, Wellington was arrested and charged with theft in the 2000 block E. 16th, Wellington.â€¢8:42 p.m. Officers took a report of a known mental subject in the 1500 block. N. Olive, Wellington. Sunday, February 17, 2013â€¢9:18 a.m. Officers investigated a burglary in the 300 block. S. Blaine, Wellington.â€¢1:45 p.m. Non-Injury accident in the 2000 block. E. 16th, Wellington involving a vehicle operated by Jorden C. Manche, 19, Wellington and a fixed object/post owned by Walmart, Wellington.â€¢2:17 p.m. Officers took a report of dog at large and no Wellington tags in the 900 block. N. Cherry, Wellington.â€¢3:57 p.m. Officers took a report of found property in the 1300 block. Western, Wellington.â€¢8:10 p.m. Jeffrey T. Sroufe, 21, Wellington was issued a notice to appear charged with disobeyed stop sign.â€¢9:08 p.m. Jason M. Stallings, 35, Wellington was arrested and confined on a Sumner County Warrant for making false information.â€¢9:46 p.m. Officers investigated harassment by telephone in the 2000 block. E. 16th, Wellington. Monday, February 18, 2013â€¢On February 15, 2013 at 5:02 p.m. Jeffery L. Redford, 34, Wellington was arrested and charged with burglary and theft.â€¢10:29 a.m. Officers investigated a theft in the 800 block. N. H, Wellington.â€¢11 a.m. Officers investigated a burglary and theft in the 1000 block. W. 8th, Wellington.â€¢12:31 p.m. Officers investigated a theft of wheels in the 1400 block. E. Michigan, Wellington.â€¢1:10 p.m. Steven H. Sturgis, 56, Wellington was issued a notice to appear charged with expired tag and expired drivers license.â€¢4:30 p.m. Officers took a report of suspicious activity in the Wellington.â€¢6:45 p.m. Richard J. Cabrera, 45, Wellington was issued a notice to appear charged with no ignition interlock device on vehicle.â€¢7:36 p.m. Tina R. Forrester, Wellington was arrested on a city of Wellington Bench Warrant for Theft of Services.â€¢9:44 p.m. Officers investigated unlawful discharge of fireworks in the 400 block N. Douglas, Wellington.