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Fed Hubris: Central Bank Ignores That It is on Thin Political Ice

Naked Capitalism - Thu, 07/24/2014 - 05:02
A shot across the Fed's bow from Simon Johnson, former IMF chief economist and bank critic, on the surface looks to be a good bit of news. Johnson, in a recent Project Syndicate article, warns that the notoriously cloistered central bank is overly confident about its political position.

US Courts Defend Rights of Vulture Funds Over Argentina

Naked Capitalism - Thu, 07/24/2014 - 04:51
Michael Hudson and James Henry discuss the legal and practical issues surrounding the battle between vulture fund NML and Argentina.

Unintentional Tax Humor on the Inversion Scam at Forbes

Naked Capitalism - Thu, 07/24/2014 - 04:20
While you've all been busy being distracted by the strife in Gaza and Ukraine, or perhaps more sensibly decided to tune out and enjoy the summer, various not so pretty developments have been moving forward with alacrity in the US. One is a spate of so-called "inversion" deals, in which corporations use acquisitions to move their headquarters overseas, which allows them to arrange their affairs so as to greatly lower their tax bills. The latest group of companies to try this ruse are in the health care industry, brandishing the excuse that if they fail to follow this dodgy practice, they won't be competitive.

South Portland, Maine: The Mouse That Roared on Canadian Tar Sands

Naked Capitalism - Thu, 07/24/2014 - 00:55
Yves here. The article below illustrates how local communities are throwing spanners in the works of various North American energy plays. For instance, New York State's highest court (confusingly called the Court of Appeals) ruled that towns have the authority to ban fracking via local ordinance, a decision that sent shivers down the spine of natural gas developers. Another development that is causing some consternation to energy industry incumbents is an ordinance passed by the city council of South Portland, Maine, which put in place new zoning rules that would prohibit the export of Canadian tar sands through the port.

State gives gas export facility go-ahead

B'more Green - Wed, 07/23/2014 - 21:52
OMalley breaks silence on controversial projectbr/br/Marylands top elected officials gave a key approval Wednesday to developing a natural gas export facility in Southern Maryland that some fear could threaten residents safety and the environment.

Salmonella's Favorite Food Could Be Its Achilles' Heel

Scientific American - Wed, 07/23/2014 - 20:36
Salmonella's primary fuel source is the molecule fructose-asparagine. Starving it of that fuel in an infected person could kill it without harming beneficial gut bacteria. Karen Hopkin reports....br/ br/ -- Read more on ScientificAmerican.comdiv class="feedflare" a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=l6gmwiTKsz0" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?i=BvOgF9-4tzc:jetZIGoWB64:gIN9vFwOqvQ" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:ZC7T4KBF6Nw"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=ZC7T4KBF6Nw" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:I9og5sOYxJI"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=I9og5sOYxJI" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=BvOgF9-4tzc:jetZIGoWB64:QXVau8BzmBE"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=QXVau8BzmBE" border="0"/img/a /div

Dogs Experience Jealousy

Scientific American - Wed, 07/23/2014 - 17:00
Jealousy appears to be a primordial emotion seen not only in humans, but in other animals as wellbr/ br/ -- Read more on ScientificAmerican.comdiv class="feedflare" a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=l6gmwiTKsz0" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?i=iwQ9KSLySow:wrh6RU8FJJE:gIN9vFwOqvQ" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:ZC7T4KBF6Nw"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=ZC7T4KBF6Nw" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:I9og5sOYxJI"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=I9og5sOYxJI" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=iwQ9KSLySow:wrh6RU8FJJE:QXVau8BzmBE"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=QXVau8BzmBE" border="0"/img/a /div

In Patapsco Valley, two groups say they want whats best for state park

B'more Green - Wed, 07/23/2014 - 15:04
The Patapsco Valley is an area rich in history and natural resources: that fact, the two groups can agree upon.

BETO Announces Updated Multi-Year Program Plan

U.S. Dept. of Energy News - Wed, 07/23/2014 - 14:14
div class=dateJuly 23, 2014/diva href=/eere/bioenergy/articles/beto-announces-updated-multi-year-program-plan class=title-linkspanBETO Announces Updated Multi-Year Program Plan/span/adiv class=field field-name-body field-type-text-with-summary field-label-hiddendiv class=field-itemsdiv property=content:encoded class=field-item odd pThe Bioenergy Technologies Office is pleased to announce the release of its newly updated Multi-Year Program Plan (MYPP)./p /div/div/div

BETO-Funded Invention Wins RD 100 Award

U.S. Dept. of Energy News - Wed, 07/23/2014 - 13:39
div class=dateJuly 23, 2014/diva href=/eere/bioenergy/articles/beto-funded-invention-wins-rd-100-award class=title-linkspanBETO-Funded Invention Wins Ramp;D 100 Award /span/adiv class=field field-name-body field-type-text-with-summary field-label-hiddendiv class=field-itemsdiv property=content:encoded class=field-item odd pOak Ridge National Laboratory (ORNL) researchers won an Ramp;D Magazine Ramp;D 100 award this month for their Bioenergy Technologies Office-funded invention of a new class of membranes that could help reduce the price of bio-ethanol, ethanol-gasoline blend fuels, and drop-in fuels from bio-oil processing./p /div/div/div

Hit by Climate Change, Dwindling Antarctic Seal Population Grows More Diverse

Scientific American - Wed, 07/23/2014 - 13:12
As sea waters in the South Atlantic warm, the amount of krill available for seals drops, leading to a smaller yet more genetically varied populationbr/ br/ -- Read more on ScientificAmerican.comdiv class="feedflare" a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=l6gmwiTKsz0" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?i=w8-zuzYtZ8Y:ZZ5x9ccITZE:gIN9vFwOqvQ" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:ZC7T4KBF6Nw"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=ZC7T4KBF6Nw" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:I9og5sOYxJI"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=I9og5sOYxJI" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=w8-zuzYtZ8Y:ZZ5x9ccITZE:QXVau8BzmBE"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=QXVau8BzmBE" border="0"/img/a /div

U.S. Gets Lackluster Energy Efficiency Rating

Scientific American - Wed, 07/23/2014 - 13:00
We are among the least energy efficient of the world's largest economiesbr/ br/ -- Read more on ScientificAmerican.comdiv class="feedflare" a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=l6gmwiTKsz0" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?i=S-G94y43pOQ:jJLRV7t29JY:gIN9vFwOqvQ" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:ZC7T4KBF6Nw"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=ZC7T4KBF6Nw" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:I9og5sOYxJI"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=I9og5sOYxJI" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=S-G94y43pOQ:jJLRV7t29JY:QXVau8BzmBE"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=QXVau8BzmBE" border="0"/img/a /div

Sierra Club Points Finger At Nine More House Members For Wind PTC Inaction

American Wind Power News - Wed, 07/23/2014 - 12:11
The Sierra Club is continuing its nationwide ad blitz to urge Congress to renew the production tax credit (PTC) by targeting nine more members of [...]

Madelyn Creedon Confirmed as Principal Deputy Administrator for the National Nuclear Security Administration

U.S. Dept. of Energy News - Wed, 07/23/2014 - 12:05
div class=dateJuly 23, 2014/diva href=/articles/madelyn-creedon-confirmed-principal-deputy-administrator-national-nuclear-security class=title-linkspanMadelyn Creedon Confirmed as Principal Deputy Administrator for the National Nuclear Security Administration/span/adiv class=field field-name-body field-type-text-with-summary field-label-hiddendiv class=field-itemsdiv property=content:encoded class=field-item odd pWASHINGTON – Madelyn Creedon was confirmed by the Senate on Wednesday, July 23, 2014, as the Department of Energy’s (DOE) Principal Deputy Administrator for the National Nuclear Security Administration (NNSA)./p /div/div/div

AWEA Launches #039;Thank You#039; Ads To Wind Champions In Colorado And Iowa

American Wind Power News - Wed, 07/23/2014 - 11:49
The American Wind Energy Association (AWEA) says it is launching television ads this week in Colorado and Iowa to thank members of Congress who are [...]

EWEA Predicts 64% Jump In Europe#039;s Installed Wind Capacity By 2020

American Wind Power News - Wed, 07/23/2014 - 11:32
Wind turbine installations in the European Union will increase 64% by 2020 compared to 2013 levels, according to data compiled by the European Wind Energy [...]

Can 1 Power Plant Clean Up Coal and Make Money?

Scientific American - Wed, 07/23/2014 - 10:30
The Kemper County Energy Facility will capture the CO2 that comes from gasifying coalbr/ br/ -- Read more on ScientificAmerican.comdiv class="feedflare" a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=l6gmwiTKsz0" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?i=x6p3pl6iDvs:zPB5NYUWy_k:gIN9vFwOqvQ" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:ZC7T4KBF6Nw"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=ZC7T4KBF6Nw" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:I9og5sOYxJI"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=I9og5sOYxJI" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=x6p3pl6iDvs:zPB5NYUWy_k:QXVau8BzmBE"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=QXVau8BzmBE" border="0"/img/a /div

Imergy Power Systems Developing Flow Batteries From Recycled Vanadium

Solar Industry News - Wed, 07/23/2014 - 09:51
California-based Imergy Power Systems has developed a process for producing flow batteries with recycled vanadium from mining slag, oil field sludge, fly ash, and other [...]

Enphase Supplying Residential Housing Portfolio In France

Solar Industry News - Wed, 07/23/2014 - 09:49
France-based solar installer Energy France Installation (EFI) has won a project with AST Groupe to install 1,500 PV systems on newly constructed single-family homes, with [...]

Oil Spill in Amazon Sickens Villagers, Kills Fish

Scientific American - Wed, 07/23/2014 - 09:48
A recent rupture of Perursquo;s 39-year-old northern crude oil pipeline has terrified Kukama villagers along the Marantilde;oacute;n Riverbr/ br/ -- Read more on ScientificAmerican.comdiv class="feedflare" a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:qj6IDK7rITs"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=l6gmwiTKsz0" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:gIN9vFwOqvQ"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?i=hyCUA-EDeHs:W7mi3B4VWV0:gIN9vFwOqvQ" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:ZC7T4KBF6Nw"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=ZC7T4KBF6Nw" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:I9og5sOYxJI"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=I9og5sOYxJI" border="0"/img/a a href="http://rss.sciam.com/~ff/ScientificAmerican-Global?a=hyCUA-EDeHs:W7mi3B4VWV0:QXVau8BzmBE"img src="http://feeds.feedburner.com/~ff/ScientificAmerican-Global?d=QXVau8BzmBE" border="0"/img/a /div

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