A New Retrospective Regarding Finance


Julia Gillard Mathias Cormann: the Australian OECD candidate trying to airbrush his climate record The former finance minister’s ‘climate pivot’ has been met with a mixture of exasperation and bemusement Mathias Cormann, who campaigned against the Australian Labor government’s ‘job-destroying carbon tax’ and has now put environmental action at the centre of his campaign to lead the OECD. Photograph: Lukas Coch/AAP Mathias Cormann, who campaigned against the Australian Labor government’s ‘job-destroying carbon tax’ and has now put environmental action at the centre of his campaign to lead the OECD. Photograph: Lukas Coch/AAP First published on Fri 19 Feb 2021 14.06 EST When the outgoing head of the OECD urged countries this week to “put a big fat price on carbon”, it might not have gone down well with the Australian vying to replace him. Mathias Cormann, one of the final four contenders to replace Ángel Gurría as OECD secretary general, was finance minister in the conservative government that abolished a carbon pricing scheme that had driven cuts in Australia’s emissions. Despite his record of campaigning against the previous Labor government’s “job-destroying carbon tax”, Cormann has put environmental action at the centre of his OECD campaign, arguing the body “can and must provide important global leadership to drive ambitious and effective action on climate change”. Cormann – who has never contested climate science – brushes off the focus on particular policies, saying each country should be able to follow the strategies that best suit them as part of the overall global task of reducing emissions. “As secretary general of the OECD I would work with member countries and partner organisations to deploy every policy and analytical capability available through the OECD to help economies around the world achieve global net-zero emissions by 2050,” he tells the Guardian. Cormann’s climate pivot has caused a mixture of exasperation and bemusement among climate analysts and former political sparring partners in Australia, who say his rhetoric does not match his track record. Labor clearly committed to bring its job destroying carbon tax back. How else to explain their line of questioning in House of Reps #QT Richie Merzian, a former Australian government climate negotiator, rattles off the examples, starting with Cormann’s instrumental role in repealing Australia’s carbon price in 2014. That followed a heated political campaign against a policy that Julia Gillard’s government implemented in the previous parliamentary term. Cormann had argued the “carbon tax” (actually an emissions trading scheme with a fixed price for the first three years) was “an act of economic self-harm which does nothing to help reduce global emissions”. “Australia’s carbon price worked,” says Merzian, now the director of the climate and energy program at the Australia Institute, a progressive thinktank. “It reduced Australia’s emissions by 2% over the [two] years it operated and GDP grew 5% over that period. The government wound that back and replaced it with policies that had no credibility, including an ineffective fund to pay polluters to pollute a little bit less. “Cormann also tried to abolish Australia’s green bank, the Clean Energy Finance Corporation. Thankfully he didn’t succeed. The CEFC and the renewable energy target – which they also tried to kill – and the Renewable Energy Agency – which they also tried to kill – unleashed a wave of investment in clean energy.” Merzian had a close-up view of many of these developments, having working on climate change in both the Department of Climate Change and the Department of Foreign Affairs between 2009 and 2018, which included acting as Australia’s lead negotiator on adaptation to the UN Framework Convention on Climate Change. He notes Cormann was also instrumental in backing a Liberal party leadership challenge in 2018 against the then prime minister, Malcolm Turnbull, “who was trying to bring forward a very modest reform to the electricity sector” known as the national energy guarantee. Some conservatives in government ranks wanted to avoid legislating emission reduction obligations and the push led to Scott Morrison becoming prime minister . “As much as Cormann talks about a shared approach to green recoveries, his government has pushed a gas-fired recovery [from the pandemic] – one that he was involved in pulling together last year as the minister for finance,” Merzian says.


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Important Milestone for International Distribution NEW YORK, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Daxor Corporation (NYSE MKT: DXR), the global leader in blood volume measurement technology, announces today that it has been officially recognized as meeting all the requirements of ISO 13485; Medical Devices, Quality Management System Certification ensuring the consistent design, development, production, installation, and delivery for the Blood Volume Analyzer (BVA-100®) system is safe for its intended purpose. “This opens the way for Daxor to international distribution by meeting all the rigorous requirements of ISO 13485 certification -- this is a proud achievement for Daxor,” said Michael Feldschuh, President and CEO of Daxor Corporation. “Being recognized as meeting the “gold standard” for quality will enable us to expand the availability of our products outside the U.S. and amplify the efforts currently underway domestically through our sales force expansion and third-party distribution partners.” “Achieving ISO 13485 with full design certification is a key milestone for Daxor,” said James Adkins, Head of Quality Engineering. “Certification to this internationally-recognized standard proves to our customers that we take quality very seriously, and that we have a validated system in place to ensure it.” Daxor Corporation (NYSE: DXR) is the global leader in blood volume measurement technology focused on blood volume testing innovation (organized as an investment company with fully-owned innovative medical instrumentation and biotechnology operations). We developed and market the BVA-100® (Blood Volume Analyzer), the first diagnostic blood test cleared by the FDA to provide safe, accurate, objective quantification of blood volume status and composition compared to patient-specific norms. The BVA technology enhances hospital performance metrics in a broad range of surgical and medical conditions, including heart failure and critical care, by informing treatment strategies, resulting in significantly improved multiple measures of patient outcomes. Daxor's mission is to advance healthcare by enabling optimal fluid management with blood volume analysis. Daxor’s vision is optimal blood volume for all. For more information, please visit our website at Daxor.com . Certain statements in this release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the impact of hiring sales staff and expansion of our distribution channels. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risk associated with our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, FDA regulatory actions, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and additional other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Daxor does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.