Wednesday, October 31, 2012

Auto Advertising Startup adverCar Raises $2M From Canaan Partners, 1-800-Flowers, And Others

advercar logoAdverCar, a startup promising to make it easy for drivers to turn their vehicles into rolling advertisements, has raised a $2 million seed round. The funding was led by Canaan Partners, with participation from 1-800-FLOWERS, Branford Castle Private Equity, New Orleans Startup Fund, Jit Saxena, and the TiE Angels Boston. 1-800-Flowers CEO Jim McCann and Canaan partner Deepak Kamra are joining adverCar's board of directors.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/3krG0j0HKLg/

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MIT show argues for art as an inquiry into the world

Will Ferguson, reporter

RJ-09-069a_72.jpg

(Image: Rashid Johnson/Electric Universe, 2009)

At times the distinction between scientific inquiry and artistic experimentation is clear, the distance vast. At other moments the edges are fuzzy, and it is nearly impossible to disentangle the two. Yet wherever we draw the line between science and art, a close look at human history reveals common roots in abstract ideas and speculation.

Both disciplines revel in addressing the mysteries of a strange world, concludes Jo?o Ribas, curator of a new exhibition dedicated to art as a form of inquiry that complements, amends and even expands upon the explanations offered by science. On display at the MIT List Visual Art Center in Cambridge, Massachusetts, In the Holocene explores the work of artists traversing the 19th to 21st centuries, and makes a convincing case for art as an account of the world in and of itself.

To build his case, Ribas blends a unique amalgam of writings, film, photographic prints and abstract representations, including Max Frisch?s 1980 novella Man in the Holocene, by which the exhibition?s name was inspired. The Holocene is the period from the last ice age to the present, and the story is about an ageing narrator who gathers passages of literature, preserving what human knowledge his village has as a flood threatens to destroy it.

Two of the more compelling works included in the exhibition were created by film-maker Germaine Kruip and the late philosopher Roger Caillois.

Kruip?s film Aesthetics as a Way of Survival documents the phenomenon of the bowerbird. As you learn in the short film, males of the species arrange coloured objects to woo their female counterparts, indicating the important role of aesthetics in evolution.

Meanwhile, Caillois?s 1963 book Le Mim?tisme Animal shows us that mimicry does not always confer an evolutionary advantage. The book, on display with an exhibition print, gives an account of Phylliidae insects, which look like leaves - a useful disguise - but have the unfortunate tendency to engage in cannibalism when they mistake each other for food.

From different points of view, both works clearly illustrate that the natural world is not always as straightforward and discernable as many left-brained readers might be inclined to believe.

Yet while most of the works give much to mull over, some of the pieces left me drawing a blank. Even with the explanation included in the programme, which points out the impact that the unpredictable volcano Vesuvius has had on science and art in general in western Italy, Rosa Barba?s film The Empirical Effect seems misplaced among the other works. It takes a viewer from an observatory atop Vesuvius, packed full of people, goats, scientific-looking equipment and a giant floor map of Italy, to a series of shots portraying life in the surrounding urban areas. While the profound impact of the volcano on the culture and lives of the local inhabitants is evident, the film doesn?t seem to add anything to the larger exploration of the ways in which art pushes beyond the boundaries of science.

But in spite of this, as a whole, the exhibit is well worth the visit, illuminating a deeply influential - perhaps even symbiotic - relationship between art and science throughout their evolution.

After delving into the past, Ribas rounds things out with works that provide a speculative glimpse of a future after humanity. Trevor Paglen?s photographic print The Clarke Belt illustrates dead communications and surveillance spacecraft perpetually orbiting above the equator. Like it or not, these satellites will be humanity?s legacy until the sun exhausts its nuclear fuel and expands to swallow them and the Earth alike in a few billion years.

Ribas says art is a form of inquiry that may help us to ponder this future in a way that science cannot. ?It is an open question I want to pose but don?t think to have the answer to,? he says. ?I think what is really interesting to explore is to what extent one frees the other.?

In the Holocene runs at the MIT List Visual Arts Center until 6 January.


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Analysis: Rajoy's bailout shyness adds to Spain's risks

MADRID (Reuters) - The longer Prime Minister Mariano Rajoy puts off asking for aid from the euro zone, the greater the risk of further financial turmoil and an even worse recession in Spain, analysts say.

Promises of help from the EU and the European Central Bank have brought Spain's borrowing costs down from unsustainable levels in the past few months. But ironically, if Rajoy is persuaded by the improved market conditions that he no longer needs to ask for help, it could make the situation worse.

A government source told Reuters on Wednesday that the prime minister had not ruled out applying for a rescue, but deficit cutting progress at home and EU movement toward a banking union both give the government breathing room.

"That doesn't mean we won't ask for it, but we don't see it necessary (right at the moment)," the source said. Earlier this month another source familiar with Rajoy's thinking told Reuters that Spain will seek aid, but will not rush into it.

Under the proposed programme, countries such as Spain could seek aid from the European rescue fund, the European Stability Mechanism, which would trigger bond buying by the central bank to stabilize borrowing costs.

The central government is already 95 percent funded for 2012 and will begin pre-funding 2013 in bond sales this year, which seems to give Rajoy breathing room to delay a decision.

But analysts say putting off a request for a precautionary credit line is wasting precious time to fix the euro zone's fourth biggest economy, already shrinking for five quarters.

Uncertainty has frozen business investment, and job destruction is expected to continue next year, worsening an unemployment rate already at 25 percent.

The delay gives time for doubt to surface among investors whether the ECB plan will do more than buy Spain a few months before it needs a full bailout. Madrid could see its sovereign debt downgraded to junk status, lose market access and be pushed into a fully fledged rescue that would come with more drastic conditions than those attached to the credit line now on offer.

MAIN FOCUS OF CRISIS

Spain has been the main focus of the three-year-old euro zone debt crisis for the last nine months and has already obtained a credit line of up to 100 billion euros for its banks.

After jumping higher than 7 percent in July, the yield on Spain's benchmark 10-year bond has come down in anticipation of ECB action and is currently about 5.6 percent.

Yet the dominant view among investors, analysts and sources involved in talks on the issue is that the market relief is only temporary unless the ECB actually acts.

"We disagree with those who believe a bailout is not needed. We think there is no other way out except a bailout," said Credit Agricole-Cheuvreux in a note last week.

Italian Prime Minister Mario Monti said this week that in order to restore confidence, the ECB bond-buying needed to be real, not just a plan. The International Monetary Fund expressed a similar view earlier this month.

Diplomatic sources say French President Francois Hollande has also applied pressure on Rajoy to take the bailout.

Senior business executives have been calling publicly on the government to press ahead with the rescue, as have Spain's two biggest lenders, Santander and BBVA. [ID:nL5E8LP2US]

Two senior euro zone officials with direct knowledge of the matter said earlier this month that they and others were preparing the ground for a request to be made in November.

However, Rajoy has given continued signs he will not rush unless market conditions take a significant turn for the worse.

The prime minister has built his career on caution, said a Spanish economist who asked not to be identified: "Rajoy believes time cures everything, that's his signature strategy, his genetic trait."

Rajoy also has domestic resistance to consider. A rescue could come with demands for more budget cuts, opposed by demonstrators who march in the capital several times a week.

Sources familiar with Rajoy's thinking have said he wants to make sure conditions attached to a rescue are minimal, and that the aid would not just create more risks for Spain.

Savings from previous austerity measures, which include public wage cuts and lower spending on schools and hospitals, have so far been eaten up by higher unemployment and social security payments and interest payments on public debt.

MULTIPLE PRESSURES

Spain's central government must raise 207 billion euros in debt next year, plus a possible additional 20 billion euros to cover finances of indebted regional governments. Analysts say it may be tough to meet those needs without external aid.

The 17 self-governing regions have been shut out of debt markets for months and nine have so far tapped a state liquidity line for around 17 billion euros. More could join the queue.

Even more pressing are the needs of the private sector. Spanish firms dashed into the bond market in September after interest rates dropped.

They now have some breathing space as they've refinanced some debt maturing in 2013. But they remain worried about both ratings and market access if a bailout is delayed.

There are already signs markets are losing patience. The spread between German and Spanish benchmark bonds - showing the perceived risk of investing in Spain - now stands at around 414 basis points, far below the figures of more than 640 basis points reached in July but still stubbornly high.

"The rally has stopped. The Spanish spread has found a floor at a bit more than 400 basis points. This could be gradual but the upward trickle has started," said Jose Carlos Diez, chief economist at Intermoney brokerage.

Although few analysts believe investors will bet against the ECB when it may be only one step away from intervening massively to buy bonds, some of them think Spain runs the risk of losing market access. Debt rating agencies Standard & Poor's and Moody's have both hinted they could downgrade Spain to junk if the rescue doesn't materialize.

Analysts at Citi expect Spain to lose its prized investment grade over the next 6-9 months, even with European support.

Spaniards continue to suffer. Most forecasts are for the economy to shrink a further 1.5 percent next year. Inflation is rising due to a hike in the value-added and other taxes.

The bleak outlook carries high risks for the ECB plan, with some analysts saying it could fail to restore market confidence for more than a few months. Were the ECB to start buying bonds, it could not stop without devastating consequences.

"The market effect might be short, one month or two but a rescue has to work over two years," Diez said. "In six months time you might be discussing a full-blown rescue. To avoid that, the ECB will have to fulfill its pledges and buy (bonds) every week... And if it buys and then stops, then you're in trouble." (Editing by Fiona Ortiz and Peter Graff)

Source: http://news.yahoo.com/analysis-rajoys-bailout-shyness-adds-spains-risks-145503802--sector.html

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Facebook stock slides after lock-up expires

(AP) ? Facebook's stock price is falling now that employees are able start selling restricted stock in the company.

A lock-up period that had prevented such sales expired on Monday. U.S. stock markets opened on Wednesday for the first time since Superstorm Sandy hit the East Coast, so that's when employees could start selling.

Lock-ups are common after initial public stock offerings and are designed to prevent a stock from experiencing the kind of volatility that might occur if too many shareholders decide to sell at once.

Facebook Inc.'s stock is down 94 cents, or 4.3 percent, to $21 in morning trading.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-31-US-TEC-Facebook-Stock/id-95df2e5780854f9bb62564f340f22894

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Weekly Climate and Energy News Roundup | Watts Up With That?

Brought to You by SEPP (www.SEPP.org) The Science and Environmental Policy Project

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Quote of the Week: ?It is in the admission of ignorance and the admission of uncertainty that there is a hope for the continuous motion of human beings in some direction that doesn?t get confined, permanently blocked, as it has so many times before in various periods in the history of man.? Richard Feynman [H/t Roger Cohen]

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Number of the Week: 70%

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THIS WEEK:

By Ken Haapala, Executive Vice President, Science and Environmental Policy Project (SEPP)

APS: In 2007 the American Physical Society (APS) issued an absolutist statement on Climate Change that greatly disturbed a number of its senior fellows. In 2009, about 300 physicists petitioned the APS petitioned to modify the statement. The statement was not modified, but augmented with a lengthy addition. The turmoil continues. Roger Cohen, a Fellow of the Society has posted on the web site of Anthony Watts his expression of dissatisfaction with the APS. This has led to an exchange with Warren S. Warren. The exchange is an excellent read on what is wrong when a few in a science society take an absolutist position concerning a subject that requires open investigation and debate. Please see links under APS Frontline.

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PBS Frontline: The Public Broadcasting System aired a special on its ?Frontline? series titled ?Climate of Doubt.? The first part consisted of interviews and clips of those who express skepticism to the view that human emissions of greenhouse gases (GHG), especially carbon dioxide (CO2), are causing unprecedented and dangerous global warming. This was followed by interviews with alarmists who were presented as the mainstream scientists. Certainly the alarmists are mainstream in that they are the ones who receive extensive government support. Later, in private comments, Fred Singer thought his interview was well presented, especially when compared with presentations in the past. The views of others varied. Roy Spencer was disturbed because part of his head and comments were used in the trailer, but he was not interviewed for the program.

Perhaps more revealing of the entire episode was a Live Chat on Thursday afternoon with those who organized the program. They were the film?s producer, Catherine Upin, the correspondent, John Hockenberry, and the ?resident expert?, Elizabeth Kolbert, of the New Yorker. Prior to the chat, SEPP submitted three questions on topics covered. One was the frequently cited 97 to 98% percent of climate scientists ?consensus? claims, which are based on extensively manipulated of opinion polls, making the results trivial. The second was on the recent statement from HadCRU that there has been no appreciable increase in temperatures for 16 years, a period in which the models project an increase of about 0.3 deg C (over 0.5 deg F). What would it take for journalists to realize there are major problems with the climate models and the 90 to 99% certainty is based on opinion not rigorous science? The third question focused on the constant, largely unsubstantiated claims that oil companies are funding skeptics and the failure of journalists to report the extent of government funding of the alarmists.

During the Live Chat, SEPP submitted four comments. One on the burden of proof ? climate alarmists have not performed adequate testing of a hypothesis on CO2 caused global warming. A second challenging a statement that the poll appearing in the Proceedings of the National Academy of Science was peer reviewed, but it is trivial nonetheless. The third comment challenged the ?resident expert? Elizabeth Kolbert who stated: ?A very interesting look at the connections between the tobacco industry and the climate ?skeptic? industry can be found in the book Merchants of Doubt.? The response challenged Ms. Kolbert to read and comment on Fred Singer?s rebuttal to this book?s ad hominem attacks.

But most revealing was a comment by correspondent John Hockenberry:

?The saddest thing about this story is that we heard mostly absolute certainty and dismissive confidence among our skeptic friends while it was our scientist friends were quick to say that doubt is how science is conducted, people questioning each other?s work all the time. The doubt of the scientists was always real but was always about how much we know about the planet and need to know not about the trend of global warming.

Their search for truth and quest to challenge each other?s findings was exploited as ?debate? and ?uncertainty? by people in the political world. In some ways the scientists didn?t have a chance in this battle? but that is my personal opinion and some of our scientists would not have agreed with me.?

To which SEPP inquired: did you ever ask the climate establishment scientists why the IPCC declared a 90 to 99% certainty in the models and their findings? The 90 to 99% certainty was in the EPA endangerment finding and was accepted by the US Court of Appeals for the District of Columbia.

Given the slow pace, and the long pauses in the program, it was obvious tough questions of these global warming / climate change expert journalists would not be aired. Also, it was apparent the opinion polls weigh heavily on these expert journalists.

The saddest thing about this story is the blatant irresponsibility of PBS to understand the story. Please see links under PBS Frontline.

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ADDENDUM: Months ago Patrick Michaels announced he and a few collogues are preparing a point by point rebuttal to the report by the US Global Change Research Program (USGCRP): Global Climate Change Impacts in the US (2009). Along with the 2007 report be the UN Intergovernmental Panel on Climate Change, and a report by National Research Council, the USGCRP report provide the foundation for the EPA questionable finding that GHG, particularly CO2, emissions endanger human life and welfare. Now alarmists are outraged that the advance copies of the new report, ADDENDUM: Global Climate Change Impacts in the United States looks like the previous report. The CATO imprint on the back cover is apparently overlooked by the alarmists. Please see link under Challenging the Orthodoxy.

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US Overtaking Saudi Arabia in Oil? Some analysts are projecting that the US will overtake Saudi Arabia in oil production in the near future ? around 2020. Others object to these statements stating they are based on statistical sleights of hand. Whether or not the US (or North America) overtakes Saudi Arabia is not that important. What is important is that thanks to modern hydraulic fracturing of dense shale and offshore drilling (whenever permitted), oil production in the US is expanding greatly. Since production costs in the US remain high, there is doubt if the era of ?cheap oil? will return in the near future. Oil is traded on the global market, and US production influences that market but does not determine it. The lower cost producers that have significant capability of expanding are more influential determinants, such as Saudi Arabia.

Some economists are questioning the belief that affordable energy is vital for economic growth. Certainly, affordable energy is not a sufficient condition for economic growth. That is, other conditions, or components, are needed. For example, oil is heavily subsidized in Egypt and Iran, but they are not experiencing significant growth. But under proper conditions, affordable energy can promote growth. For example, affordable energy is vital to modern agriculture. Modern fertilizers need oil or natural gas feedstock. Areas of the US where natural gas is low cost and appears to be affordable for a long term are experiencing significant growth, which the country as a whole is not.

External costs are other complications added by economists to the issue. Sometimes these are real, such as in cities in the US in the 20s. But, economic growth allowed the country to devote significant resources to clean up these external costs. Now, in the US external costs are largely exaggerated, such as by the EPA. Please see links Energy Issues ? US and Articles # 2 and # 3.

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EPA on the Verge: A number of commentators, including Fred Singer, are expressing concern about the plans of EPA immediately after the election on November 6. It is clear that EPA has held back proposed regulations that are highly controversial. Please see Article #1, #3 and #5, and links under EPA and other Regulators on the March

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Oh? Mann: Michael Mann has sued the National Review Online and the Competitive Enterprise Institute for defamation and ?intentional infliction of emotional distress.? (from the Washington Post.). The complaint states that: ?? Mr. Man and his colleagues were awarded the Nobel Peace Prize.? and ?? personal defamation of a Nobel prize recipient.?

The award was given to the IPCC, not personally to Mr. Mann, who was a participant in the IPCC. Some may consider the distinction to be just a technicality, just as some consider the body of research on climate history that was buried Mr. Mann?s hockey-stick as just a technicality. Mr. Mann may find that he will face questions that are a bit more strident than asked by the Penn State officials who he claims exonerated his research. Please see links under Oh Mann!

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Storm?s A?coming: According to forecasts, the Mid-Atlantic States are about to be hit by a large storm with low category 1 hurricane winds. (Category 1 wind speed 75?95 mph (65?82 kts, 33?42 m/s), http://en.wikipedia.org/wiki/Saffir%E2%80%93Simpson_Hurricane_Scale). The moon is almost full, so tidal areas may experience a strong storm surge on top of spring (flood) tides which could result in significant coastal erosion and flooding. Already some alarmists are associating the storm with global warming / climate change. Please see links under Changing Weather and Below the Bottoms Line.

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Amplifications and Corrections: Tom Sheahen correctly stated that the conversion for PgC/yr to Billions of tonnes of CO2 per year is by multiplying by 3.67. TWTW left out the Billions.

Clyde Spencer correctly suggested that TWTW should not use the term ocean acidity unless the pH is actually below 7. This will be followed to the extent possible.

Norman Kalmanovitch pointed out that the period of no warming in the HadCRU data, as stated in the article by David Rose, started in the year the Kyoto Protocol became effective, 1997. The goal of the Protocol was to stop global warming and it did! If one jumps to causal relationships, one could state the Kyoto Protocol was the most effective international agreement ever.

TWTW incorrectly quoted Angeline Purdy of the Department of Justice as stating: ?The models have been validated.? The quote came from imperfect personal notes. A subsequent check of the transcript (which is not available on the web) failed to reveal such a direct statement. Ms. Purdy argued that the models have been validated, at length, but did not make such as simple statement. TWTW will endeavor not to make such a mistake in the future.

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Number of the Week: 70%. According to an article in the Wall Street Journal, in the US the cost of natural gas is about 70% of the cost of manufacturing nitrogen fertilizer. As the cost of this component comes down, its percentage share will come down as well.

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ARTICLES:

For the numbered articles below please see this week?s TWTW at: www.sepp.org. The articles are at the end of the pdf.

1. Obama?s EPA Plans for 2013

By S. Fred Singer, American Thinker, Oct 25, 2012

http://www.americanthinker.com/2012/10/obamas_epa_plans_for_2013.html

2. Cheap Natural Gas Gives New Hope to the Rust Belt

By Ben Casselman and Russell Gold, WSJ, Oct 24, 2012

http://online.wsj.com/article/SB10000872396390444549204578020602281237088.html?mod=ITP_pageone_0

3. The Real Stimulus: Low-Cost Natural Gas

The impact of the U.S. energy revolution is only beginning. It is already providing a foundation for a domestic renaissance in manufacturing.

By Daniel Yergin, WSJ, Oct 22, 2012

http://online.wsj.com/article/SB10000872396390444734804578062331199029850.html?mod=WSJ_Opinion_LEFTTopOpinion

4. The Obama Storm Tax

The EPA turns its unsubtle charms on cities. Get ready to pay.

Editorial, WSJ, Oct 22, 2012

http://online.wsj.com/article/SB10000872396390444799904578052673425236066.html?mod=WSJ_Opinion_AboveLEFTTop

5.EPA, Water and Value for Tax Money

By Grant Weaver, Letter, WSJ, Oct 24, 2012

http://online.wsj.com/article/SB10001424052970204425904578074911131525782.html?mod=ITP_opinion_1

[SEPP Comment: All too often, in its edicts, EPA has no concept of cost.]

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NEWS YOU CAN USE:

Science: Is the Sun Rising?

NASA Study Using Cluster Reveals New Insights Into Solar Wind

By Karen C. Fox for Goddard Space Flight Center, Greenbelt MD (SPX) Oct 25, 2012

http://www.spacedaily.com/reports/NASA_Study_Using_Cluster_Reveals_New_Insights_Into_Solar_Wind_999.html

Climategate Continued

Hiding the Decline

By Andrew Montford, Bishop Hill, Oct 26, 2012]

http://www.bishop-hill.net/hiding-the-decline/

[SEPP Comment: Announcing Montford?s new book on the Climategate affair.]

Challenging the Orthodoxy

Review of Cato?s ADDENDUM: Global Climate Change Impacts in the United States

By Anthony Watts, WUWT, Oct 26, 2012

http://wattsupwiththat.com/2012/10/26/review-of-catos-addendum-global-climate-change-impacts-in-the-united-states/

No Underlying Global Warming in Recent Years

By David Whitehouse, GWPF, Oct 23, 2012

http://www.thegwpf.org/no-underlying-global-warming-in-recent-years/

Defending the Orthodoxy

EU on track for Kyoto and 2020 emissions targets

By Staff Writers, Paris (AFP), Oct 24, 2012

http://www.terradaily.com/reports/EU_on_track_for_Kyoto_and_2020_emissions_targets_999.html

[SEPP Comment: Longer recessions result in fewer emissions.]

From Discovery, To Solution, To Evolution: Observing Earth?s Ozone Layer

By Laura Betz for Goddard Space Flight Center, Greenbelt MD (SPX), Oct 26, 2012

http://www.terradaily.com/reports/From_Discovery_To_Solution_To_Evolution_Observing_Earths_Ozone_Layer_999.html

Questioning the Orthodoxy

Polar Bear Propaganda in Context: A Useful Tool for the Promotion of Environmental Hysteria and Politicized Science

By Tim Ball, A Different Perspective, Oct 26, 2012

http://drtimball.com/2012/it-occurred-to-me-global-warming-is-another-undelivered-government-promise-polar-bear-propaganda-in-context-a-useful-tool-for-the-promotion-of-environmental-hysteria-and-politicized-science/

?It occurred to me ?.. ? Global warming is another undelivered government promise.

[SEPP Comment: Exposing some of the fears instilled by the global warming alarmists.]

A scientist?s open mind snaps shut

By Tony Thomas, Quadrant, Oct 22, 2012

http://www.quadrant.org.au/blogs/doomed-planet/2012/10/a-scientist-s-open-mind-snaps-shut

Climate and State High Temperature Records?Where?s the Beef?

By Steve Goreham, Weissman Report, Oct 24, 2012

http://weissmanreport.com/2011-08-04-18-06-26/item/2321-climate-and-state-high-temperature-records%E2%80%94where%E2%80%99s-the-beef?

IPCC Author Becomes Green Party Apparatchik

A lead author of the IPCC?s ?hard science? section is a Green Party candidate and deputy leader.

By Donna Laframboise, NFC, Oct 26, 2012

http://nofrakkingconsensus.com/2012/10/26/ipcc-author-becomes-green-party-apparatchik/

Overrated: Nicholas Stern

By Myron Ebell, Standpoint, Nov 2012 [H/t Cooler Heads]

http://standpointmag.co.uk/overrated-november-12-nicholas-stern-myron-ebell-stern-review-climate-change

[SEPP Comment: A poor economic analysis continues to distort the current economic picture ? a classic example of what is wrong with the logical fallacy of the appeal to authority.]

Questioning European Green

Lies, Damn Lies And Green Statistics

By Daniel Wetzel, Die Welt, Oct 25, 2012 [H/t GWPF]

http://www.thegwpf.org/lies-damn-lies-and-green-statistics/

Almost all predictions about the expansion and cost of German wind turbines and solar panels have turned out to be wrong ? at least by a factor of two, sometimes by a factor of five.

What Germany can learn from the Nordic Energiewende

By Paul Hockenos, European Energy Review, Oct 23, 2012

http://www.europeanenergyreview.eu/site/pagina.php?email=ken@haapala.com&id_mailing=320&toegang=320722549d1751cf3f247855f937b982&id=3910

[SEPP Comment: The integration of the electricity production and transmission is not easy and requires flexibility.]

Another cost of shale gas denial

By Nick Grealy, No Hot Air, Oct 23, 2012

http://www.nohotair.co.uk/index.php?option=com_content&view=article&id=2667:the-other-cost-of-shale-gas-denial&catid=172&Itemid=170

Cost of CO2 rules risk more UK energy price hikes

UK carbon costs could top 2 bln pounds in 2013

* Environmental costs to make up bigger portion of bills

By Susanna Twidale, Reuters, Oct 26, 2012 [H/t GWPF]

http://www.reuters.com/article/2012/10/26/britian-power-carbon-idUSL5E8LQANM20121026

Questioning Green Elsewhere

Time to embrace climate heresy?

By Des Moore, Quadrant, Oct 24, 2012

http://www.quadrant.org.au/blogs/doomed-planet/2012/10/time-to-embrace-climate-heresy

?Sustainability?: Politics Above Both Science and Economics

By Marita Noon, Energy Tribune, Oct 26, 2012

http://www.energytribune.com/64049/sustainability-politics-above-both-science-and-economics

Expanding the Orthodoxy

Climate change threatens marine environment in the Baltic Sea

By Staff Writers, Gothenburg, Sweden (SPX), Oct 23, 2012

http://www.terradaily.com/reports/Climate_change_threatens_marine_environment_in_the_Baltic_Sea_999.html

[SEPP Comment: More research needed.]

Helping North America?s marine protected areas adapt to a changing climate

By Staff Writers, Tampa FL (SPX), Oct 26, 2012

http://www.terradaily.com/reports/Helping_North_Americas_marine_protected_areas_adapt_to_a_changing_climate_999.html

[SEPP Comment: They have been adapting to changing climate for millions of years.]

Problems in the Orthodoxy

EU fails to agree Kyoto negotiating position

By Dave Keating, European Voice, Oct 26, 2012 [H/t GWPF]

http://www.europeanvoice.com/article/2012/october/eu-fails-to-agree-kyoto-negotiating-position/75527.aspx

Seeking a Common Ground

What is Wrong with Embellishing Science?

By Roger Pielke Jr, His Blog, Oct 26, 2012

http://rogerpielkejr.blogspot.com/2012/10/what-is-wrong-with-embellishing-science.html

[SEPP Comment: It is becoming more obvious that constant exaggeration is not working.]

Italian seismologists: guilty(?)

By Judith Curry, Climate Etc, Oct 23, 2012

http://judithcurry.com/2012/10/23/italian-seismologists-guilty/#more-10268

Italian scientists sentenced to jail in quake trial

By Staff Writers, L?Aquila, Italy (AFP), Oct 22, 2012

http://www.terradaily.com/reports/Italy_scientists_sentenced_to_jail_in_quake_trial_999.html

APS Frontline

More turmoil at the American Physical Society over their statement on the global warming issues

By Roger Cohen, posted by Anthony Watts, Oct 22, 2012

http://wattsupwiththat.com/2012/10/22/more-turmoil-at-the-american-physical-society-over-global-warming-issue/

The APS Topical Group on the Physics of Climate: reply to Roger Cohen

By Warren S. Warren, WUWT, Oct 24, 2012

http://wattsupwiththat.com/2012/10/24/the-aps-topical-group-on-the-physics-of-climate-reply-to-roger-cohen/

Reply to Warren Warren

By Roger Cohen, WUWT, Oct 25, 2012

http://wattsupwiththat.com/2012/10/25/reply-to-warren-warren/

PBS Frontline

Climate of Doubt about PBS?s Objectivity

By Roy Spencer, His Blog, Oct 24, 2012

http://www.drroyspencer.com/2012/10/climate-of-doubt-about-pbss-objectivity/

Heartland comments on FRONTLINE ?Climate of Doubt?

By Joe Bast, WUWT, Oct 24, 2012

http://wattsupwiththat.com/2012/10/24/heartland-comments-on-frontline-climate-of-doubt/

The ?Media Academic Complex? on display at PBS tonight

By Christopher Horner, WUWT, Oct 23, 2012

http://wattsupwiththat.com/2012/10/23/the-media-academic-complex-on-display-at-pbs-tonight/

PBS Frontline: Climate of Doubt

By Lubos Motl, Reference Frame, Oct 25, 2012

http://motls.blogspot.com/2012/10/pbs-frontline-climate-of-doubt.html#more

Climate of Doubt

Live Chat, Oct 25, 2012,

http://www.pbs.org/wgbh/pages/frontline/environment/climate-of-doubt/live-chat-2-p-m-et-thursday-inside-the-climate-wars/

Why did PBS FRONTLINE electronically alter the signature of one of the world?s most distinguished Physicists in their report ?Climate of Doubt??

By Anthony Watts, WUWT, Oct 25, 2012

http://wattsupwiththat.com/2012/10/25/why-did-pbs-frontline-electronically-alter-the-signature-of-one-of-the-worlds-most-distinguished-physicists-in-their-report-climate-of-doubt/

Communicating Better to the Public ? Exaggerate, or be Vague?

Scientists Denounce Dubious Climate Study by Insurer

By Axel Bojanowski, Spiegel, Oct 23, 2012 [H/t ICECAP]

http://www.spiegel.de/international/world/scientists-denounce-dubious-climate-study-by-insurer-munich-re-a-862857.html

Americans use more efficient and renewable energy technologies

Anne M Stark for LLNL News, Livermore CA (SPX), Oct 26, 2012

http://www.energy-daily.com/reports/Americans_use_more_efficient_and_renewable_energy_technologies_999.html

[SEPP Comment: Higher gasoline prices and the prolonged recession also contribute to less energy use. Compared to that, the increase in renewable use is almost insignificant.]

Communicating Better to the Public ? Make things up.

Oysters? future imperiled as oceans turn more acidic

?Going to be winners and losers ? We?ll have to adapt what we?re eating?

By Katharine Gammon, MSNBC, Oct 11, 2012 [H/t Gordon Fulks]

http://www.msnbc.msn.com/id/49378149/ns/us_news-environment/t/oysters-future-imperiled-oceans-turn-more-acidic/#.UIm3YcU1_cg

[SEPP Comment: The upwelling mentioned in the article is a natural process. The oceans are not turning acidic.]

Climate linked to conflict in East Africa, study finds

By Jon Bardin, LA Times, Oct 22, 2012

http://www.latimes.com/news/science/sciencenow/la-sci-sn-climate-change-linked-to-conflict-in-east-africa-20121022,0,1078149.story?track=rss

Contrary To What You Hear, Global Warming Has Been Good To Africa

By James Taylor, Forbes, Oct 25, 2012

http://www.forbes.com/sites/jamestaylor/2012/10/25/contrary-to-what-you-hear-global-warming-has-been-good-to-africa/

[SEPP Comment: See link immediately above. It was during a period of cooling that the Sahara began expanding about 8000 to 5000 years ago.]

Changing Weather

Frankenstorm Sandy Approaches

By Roy Spencer, His Blog, Oct 26, 2012

http://www.drroyspencer.com/2012/10/frankenstorm-sandy-approaches/

Hurricane Sandy (Atlantic Ocean)

NASA Sees Hurricane Sandy as the ?Bride of Frankenstorm? Approaching U.S. East Coast

By Rob Gutro, Hal Pierce, & Marshall Shepherd, Press Release, NASA, Oct 26, 2012 [H/t WUWT]

http://www1.nasa.gov/mission_pages/hurricanes/archives/2012/h2012_Sandy.html

Monster Halloween Storm in the cards ? second year in a row

By Joseph D?Aleo, ICECAP, Oct 25, 2012

http://icecap.us/index.php/go/joes-blog/monster_halloween_storm_in_the_cards_second_year_in_a_row1/

Where did that El Nino go? Wiped out by unprecedented cool shift?

By Jo Nova, Her Blog, Oct 25, 2012

http://joannenova.com.au/2012/10/where-did-that-el-nino-go-wiped-out-by-unprecedented-cool-shift/#more-24435

UK experiences ?weirdest? weather

By Roger Harrabin, BBC, Oct 18, 2012 [H/t Rob Sheldon]

http://www.bbc.co.uk/news/science-environment-19995084

[SEPP Comment: Could it be that new schemes for flood defenses generate more demands for these defenses?]

Heatwave kills thousands of birds ? this was climate change in 1932

By Jo Nova, Her Blog, Oct 23, 2012

http://joannenova.com.au/2012/10/heatwave-kills-thousands-of-birds-this-was-climate-change-in-1932/#more-24413

Changing Sea Ice

Opposite Behaviors? Arctic Sea Ice Shrinks, Antarctic Grows

By Staff Writers, Science Daily, Oct 23, 2012 [H/t Anne Debeil]

http://www.sciencedaily.com/releases/2012/10/121023172212.htm?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+sciencedaily%2Ftop_news%2Ftop_environment+%28ScienceDaily%3A+Top+News+?+Top+Environment%29

[SEPP Comment: Lack of uniformity is not a sufficient reason to dismiss global warming. But the lack of uniformity was one reason the IPCC dismissed the Medieval Warm Period and Little Ice Age.]

Antarctic weight loss seems to be in the eye of the beholder

By Anthony Watts, WUWT, Oct 22, 2012

http://wattsupwiththat.com/2012/10/22/antarctica-weight-loss-program-seems-to-be-slowing/

New understanding of Antarctic?s weight-loss

By Staff Writers, Newcastle UK (SPX), Oct 23, 2012

http://www.terradaily.com/reports/New_understanding_of_Antarctics_weight_loss_999.html

Changing Earth

2012 Antarctic Ozone Hole Second Smallest in 20 Years

By Staff Writers, Greenbelt MD (SPX) Oct 25, 2012

http://www.terradaily.com/reports/2012_Antarctic_Ozone_Hole_Second_Smallest_in_20_Years_999.html

Agriculture Issues & Fear of Famine

Rice agriculture accelerates global warming

By Staff Writers, Davis CA (SPX), Oct 25, 2012

http://www.seeddaily.com/reports/Rice_agriculture_accelerates_global_warming_999.html

Overall, the rice paddy experiments revealed that increased carbon dioxide in the atmosphere boosted rice yields by 24.5 percent and methane emissions by 42.2 percent, increasing the amount of methane emitted per kilo of rice.

Review of Recent Scientific Articles by NIPCC

For a full list of articles see www.NIPCCreport.org

How Earth?s Coral Reefs Respond to Atmospheric CO2 Enrichment

Reference: Hughes, T.P., Baird, A.H., Dinsdale, E.A., Moltschaniwskyj, N.A., Pratchett, M.S., Tanner, J.E. and Willis, B.L. 2012. Assembly rules of reef corals are flexible along a steep climatic gradient. Current Biology 22: 736-741.

http://www.nipccreport.org/articles/2012/oct/23oct2012a2.html

[SEPP Comment: Life is flexible, not fixed.]

2000 Years of Extra-Tropical Northern Hemispheric Temperatures

Reference: Christiansen, B. and Ljungqvist, F.C. 2012. The extra-tropical Northern Hemisphere temperature in the last two millennia: reconstructions of low-frequency variability. Climate of the Past 8: 765-786.

http://www.nipccreport.org/articles/2012/oct/23oct2012a3.html

Environmental Change and Potential Trophic Mismatches

Reference: Appelhans, Y.S., Thomsen, J., Pansch, C., Melzner, F. and Wahl, M. 2012. Sour times: seawater acidification effects on growth, feeding behavior and acid-base status of Asterias rubens and Carcinus maenas. Marine Ecology Progress Series 459: 85-97.

http://www.nipccreport.org/articles/2012/oct/24oct2012a1.html

The Impact of Atmospheric Aerosols on North Atlantic Climate

Reference: Booth, B.B.B., Dunstone, N.J., Halloran, P.R., Andrews, T. and Bellouin, N. 2012. Aerosols implicated as a prime driver of twentieth-century North Atlantic climate variability. Nature 484: 228-232.

http://www.nipccreport.org/articles/2012/oct/24oct2012a2.html

[SEPP Comment: Questioning the certainty of IPPC?s 90 to 99 % certainty.]

The Political Games Continue

US presidential debates? great unmentionable: climate change

No mention of global warming for the first time since Congress was briefed on the threat in 1988

By Suzanne Goldenberg, Guardian, UK, Oct 23, 2012 [H/t GWPF]

http://www.guardian.co.uk/environment/2012/oct/23/us-president-debates-climate-change

Presidential candidates right to ignore climate change

By Tom Harris, Canada Free Press, Oct 23, 2012

http://www.canadafreepress.com/index.php/article/50497

Obama energy team circulates memo to greens on climate

By Ben Geman, The Hill, Oct 23, 2012

http://thehill.com/blogs/e2-wire/e2-wire/263339-memo-to-activists-were-talking-about-climate-

Will The Election Continue To Give Our Fossil Energy Industries A Big Bird?

By Larry Bell, Forbes, Oct 23, 2012

http://www.forbes.com/sites/larrybell/2012/10/23/will-the-election-continue-to-give-our-fossil-energy-industries-a-big-bird/

Litigation Issues

Legal Liability for Bad Scientific Forecasts in the United States

By Roger Pielke Jr, His Blog, Oct 24, 2012

http://rogerpielkejr.blogspot.com/2012/10/legal-liability-for-bad-scientific.html

Mischaracterizations of the L?Aquila Lawsuit Verdict

By Roger Pielke Jr, His Blog, Oct 22, 2012

http://rogerpielkejr.blogspot.com/2012/10/mischaracterizations-of-laquila-lawsuit.html

Cap-and-Trade and Carbon Taxes

Pollution tax stokes Australian inflation

By Staff Writers, Sydney (AFP), Oct 24, 2012

http://www.terradaily.com/reports/Pollution_tax_stokes_Australian_inflation_999.html

Carbon Tax: Will Tweedle Dum Snatch Defeat From the Jaws of Victory?

By Marlo Lewis, Forbes, Oct 25, 2012

http://www.forbes.com/sites/realspin/2012/10/25/carbon-tax-will-tweedle-dum-snatch-defeat-from-the-jaws-of-victory/

EPA and other Regulators on the March

The EPA Is Moving The Goalposts, Even After The Game Has Started

By Merrill Matthews, Forbes, Oct 18, 2012

http://www.forbes.com/sites/merrillmatthews/2012/10/18/the-epa-is-moving-the-goalposts-even-after-the-game-has-started/

Political, legal problems for next president piling up at the EPA

By Mark Tapscott, Washington Examiner, Oct 25, 2012, [H/t Cooler Heads]

http://washingtonexaminer.com/political-legal-problems-for-next-president-piling-up-at-the-epa/article/2511714?utm_source=Washington%20Examiner:%20Opinion%20Digest%20-%2010/26/2012&utm_medium=email&utm_campaign=Washington%20Examiner:%20Opinion%20Digest#.UI

Levin Legal Group Sues EPA For Records Of Controversial Regs Delayed Until After Election

By David James, CNS News, Oct 23, 2012 [H/t Timothy Wise]

http://cnsnews.com/blog/david-james/levin-legal-group-sues-epa-records-controversial-regs-delayed-until-after-election

The EPA?s Planned Destruction of the U.S. Economy

By Alan Caruba, Warning Signs, Oct 23, 2012

http://factsnotfantasy.blogspot.com/2012/10/the-epas-planned-destruction-of-us.html

EPA grapples with climate effects of palm oil in fuel

By Ben Geman, The Hill, Oct 24, 2012

http://thehill.com/blogs/e2-wire/e2-wire/263867-epa-grapples-with-climate-effects-of-palm-oil

[SEPP Comment: To meet US greenhouse standards, EPA will determine permitted palm oil standards!]

EPA anti-energy regulations killing jobs

Bogus green schemes harm Americans

By Paul Driessen, Washington Times, Oct 23, 2012

http://www.washingtontimes.com/news/2012/oct/23/epa-anti-energy-regulations-killing-jobs/

Energy Issues ? Non-US

Alberta to monitor oil sands

By Staff Writers, Edmonton, Alberta, (UPI) Oct 19, 2012

http://www.energy-daily.com/reports/Alberta_to_monitor_oil_sands_999.html

The Green Pipeline: U.S. donors pump hundreds of millions into Canadian groups opposed to the Keystone XL pipeline

By Brian Seasholes, Capital Research, Oct, 2012 [H/t Cooler Heads]

http://www.capitalresearch.org/2012/09/the-green-pipeline-u-s-donors-pump-hundreds-of-millions-into-canadian-groups-opposed-to-the-keystone-xl-pipeline/

Perverse environmentalist oil sands ethics

By Paul Driessen, Canada Free Press, Oct 24, 2012

http://www.canadafreepress.com/index.php/article/50548

China rare earths giant halts output for a month

By Staff Writers, Shanghai (AFP), Oct 24, 2012

http://www.spacemart.com/reports/China_rare_earths_giant_halts_output_for_a_month_999.html

Energy Is Everywhere

By Kenneth P. Green, The American, Oct 24, 2012

http://www.american.com/archive/2012/october/energy-is-everywhere

Energy Issues ? US

US may soon become world?s top oil producer

By Jonathan Fahey, AP, Oct 23, 2012

http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-10-23-US%20Oil%20Boom/id-15afe4569b714cb680b0f3fe2be4fbeb

US to Overtake Saudi Arabia? Skewing the Oil Stats

By Jen Alic, Oil Pirce, Oct 25, 2012

http://oilprice.com/Energy/Crude-Oil/US-to-Overtake-Saudi-Arabia-Skewing-the-Oil-Stats.html

[SEPP Comment: See link immediately above.]

America at Energy Crossroads, Part 2

By Donn Dears, Power for USA, Oct 26, 2012

http://dddusmma.wordpress.com/2012/10/26/america-at-energy-crossroads-part-2/

IHS report: Unconventional oil & gas to be economic driver

By Jennifer A. Dlouhy, Fuel Fix, Oct 23, 2012

http://fuelfix.com/blog/2012/10/23/ihs-report-unconventional-oil-gas-to-be-economic-driver/

[SEPP Comment: IHS is a global consulting firm.]

The Myth of Affordable Energy ? Interview with Ed Dolan

By James Stafford, Oil Price, Oct 16, 2012

http://oilprice.com/Interviews/The-Myth-of-Affordable-Energy-Interview-with-Ed-Dolan.html

Return of King Coal?

Powering Buildings ? A Tale of Two Paradigms

By Mark Mills, Energy Facts Weekly, Oct 22, 2012

http://us1.campaign-archive2.com/?u=29bc7d5d85828d574f86c157a&id=254db64c81&e=

[SEPP Comment: Trying to save energy consumption in a data center is vastly different than trying to save energy in a commercial office building.]

Oil Spills, Gas Leaks & Consequences

Microbes and Nature

American Academy of Microbiology, 2011 [H/t Dennis Ambler]

FAQ: Microbes and Oil Spills, 2011

[SEPP Comment: Is it not time to develop this natural resource to be available for any future oil spills?]

Nuclear Energy and Fears

Radiation and risk

By Martin Livermore, Scientific Alliance, Oct 26, 2012

http://www.scientific-alliance.org/scientific-alliance-newsletter/radiation-and-risk

[SEPP Comment: To many, the actual deaths from the Tohoku earthquake and tsunami are insignificant compared with the suggested deaths from radiation from the nuclear power plants.]

China to resume nuclear power construction

By Staff Writers, Beijing (UPI), Oct 25, 2012

http://www.nuclearpowerdaily.com/reports/China_to_resume_nuclear_power_construction_999.html

[SEPP Comment: Construction of plants, already started, never stopped. Now new construction will begin.]

Fuel loading at Ningde 1

The first core of nuclear fuel is being loaded at China?s newest power reactor, Ningde 1 in Fujian province. Construction on the unit began less than four years ago.

By Staff Writers, WNN, Oct 19, 2012

http://www.world-nuclear-news.org/NN_Fuel_loading_at_Ningde_1_1910121.html

[SEPP Comment: From start of construction to operation in less that four years is quite an achievement.]

Queensland lifts uranium mining ban

Uranium mining will be allowed in the Australian state of Queensland after the state government overturned 23 years of prohibition. The state has not produced uranium since 1982.

By Staff Writers, WNN, Oct 22, 2012

http://www.world-nuclear-news.org/NP-Queensland_lifts_uranium_mining_ban-2210127.html

Virginia can mine uranium safely, responsibly

By Jack Spencer and Katie Tubb, Richmond Times-Dispatch, Oct 15, 2012 [H/t Randy Randol]

http://www2.timesdispatch.com/news/oped/2012/oct/15/tdopin02-spencer-and-tubb-virginia-can-mine-uraniu-ar-2282660/

Alternative, Green (?Clean?) Solar and Wind

After Federal Jolt, Clean Energy Seeks New Spark

By John Border, NYT, Oct 23, 2012

http://www.nytimes.com/2012/10/24/business/energy-environment/future-of-american-aid-to-clean-energy.html?pagewanted=all&_r=0

[SEPP Comment: $90 Billion over 3 years is not enough?]

U.S. Wind Industry Continues to Expand

By Staff, Department of Energy, Oct 23, 2012

http://energy.gov/articles/us-wind-industry-continues-expand

[SEPP Comment: A government agency shamelessly promoting an industry using information from the industry?s lobbying group.]

Study: Wind Generates Electricity When We Need It Least

By Jack Thorlin, Institute for Energy Research, Oct 24, 2012 [H/t Randy Randol]

http://www.instituteforenergyresearch.org/2012/10/24/study-wind-subsidies-disproportionately-produce-electricity-when-we-need-it-least/

[SEPP Comment: The weaknesses of wind power uncovered in Europe and elsewhere applies to the Mid-Atlantic and Ohio Valley as well.]

NRG Gets DOI Lease for Wind Farm Offshore Delaware Coast

By Sonal Patel, Power News, Oct 24, 2012

http://www.powermag.com/POWERnews/5080.html?hq_e=el&hq_m=2548950&hq_l=5&hq_v=5e660500d0

[SEPP Comment: Would they deliver the goods in the current forecast of a Frankenstorm?]

Layoffs, failures test Colorado?s ?new energy economy?

By Steve Raabe, Denver Post, Oct 22, 2012 [H/t Cooler Heads]

http://www.denverpost.com/business/ci_21825181/layoffs-failures-test-colorados-new-energy-economy

Twenty Bad Things About Wind Energy, and Three Reasons Why

By John Droz, Jr, Master Resource, Oct 24, 2012

http://www.masterresource.org/2012/10/20-bad-things-wind-3-reasons-why/

[SEPP Comment: An update on the slogans used to sell wind power. Some of the language is imaginative if not accurate, such as ?component liberation? as a term for a blade flying off.]

Solar Industry Meltdown ? Intersolar China 2012 Tradeshow CANCELLED Due To ?Difficult Market Conditions?!

By P. Gosselin, No Tricks Zone, Oct 24, 2012

http://notrickszone.com/2012/10/24/solar-industry-meltdown-intersolar-china-2012-tradeshow-cancelled-due-to-difficult-market-conditions/

[SEPP Comment: Oops!]

Solar power said viable in snowy regions

By Staff Writers, Houghton, Mich, (UPI) Oct 25, 2012

http://www.solardaily.com/reports/Solar_power_said_viable_in_snowy_regions_999.html

[SEPP Comment: Technically viable is significantly different than economically viable.]

Alternative, Green (?Clean?) Energy ? Other

Biodiesel back from the dead as EU drops ILUC factors

By Sonja van Renssen, European Energy Review, Oct 18, 2012 [H/t Anne Debeil]

http://www.europeanenergyreview.eu/site/pagina.php?email=lars.myren@skynet.be&id_mailing=320&toegang=320722549d1751cf3f247855f937b982&id=3908

Commissioners Hedegaard and Oettinger admitted the proposals were ?not perfect? but emphasised the 5% cap on food-based biofuels that did make it into the final proposal. This is supposed to cap conventional biofuel production at current levels. The problem is that this cap is not really a cap, at least not on the production of these biofuels. It is a reporting cap under the EU?s renewable energy directive: member states will only be able to use (and subsidise) food-based biofuels to meet half of a 10% target for renewable energy in transport by 2020.

[SEPP Comment: The clarity of bureaucracy.]

Large-scale production of biofuels made from algae poses sustainability concerns

By Staff Writers, Washington DC (SPX), Oct 25, 2012

http://www.biofueldaily.com/reports/Large_scale_production_of_biofuels_made_from_algae_poses_sustainability_concerns_999.html

Health and Science

Bad ?science? from Harvard

By Staff Writer, ACSH, Oct 25, 2012

http://www.acsh.org/bad-science-from-harvard/

[SEPP Comment: Admirable courage to pull back the study immediately before the press conference.]

Replication, Replication, Replication

By Staff Writers, ACSH, Oct 25, 2012

http://www.acsh.org/replication-replication-replication/

Malaria study challenges warmer world predictions

By Shaoni Bhattacharya, New Scientist, Oct 24, 2012 [H/t Climate Change Weekly]

http://www.newscientist.com/article/dn22419-malaria-study-challenges-warmer-world-predictions.html

Oh Mann!

Penn State climate professor sues think tank, National Review

By Keith L. Alexander, Washington Post, Oct 23, 2012

http://www.washingtonpost.com/local/crime/penn-state-climate-professor-sues-think-tank-national-review/2012/10/23/27b92a86-1d4f-11e2-9cd5-b55c38388962_story.html

Professor Mann claims to win Nobel Prize; Nobel Committee says he has not

By Thomas Richard, Washington Examiner, Oct 26, 2012 [H/t Cooler Heads]

http://www.examiner.com/article/professor-mann-claims-to-win-nobel-prize-nobel-committee-says-he-has-not

Breaking: Mann has filed suit against NRO (now the laughing begins)

By Anthony Watts, WUWT, Oct 23, 2012

http://wattsupwiththat.com/2012/10/23/breaking-mann-has-filed-suit-against-nro/

Michael Mann ? never fully investigated, thus never exonerated

By Christopher Horner, WUWT, Oct 23, 2012

http://wattsupwiththat.com/2012/10/23/michael-mann-never-fully-investigated-thus-never-exonerated/

Environmental Industry

Ocean-fertilization project off Canada sparks furore

Bid to boost salmon stocks relied on hotly debated science and dubious carbon credits.

By Jeff Tollefson, Nature, Oct 23, 2012

http://www.nature.com/news/ocean-fertilization-project-off-canada-sparks-furore-1.11631

A Rogue Climate Experiment Outrages Scientists

By Henry Fountain, NYT, Oct 18, 2012 [H/t Timothy Wise]

http://www.nytimes.com/2012/10/19/science/earth/iron-dumping-experiment-in-pacific-alarms-marine-experts.html?ref=science&_r=0

Other News that May Be of Interest

Water extraction helped trigger deadly quake in Spain: scientists

By Staff Writers, Paris (AFP), Oct 21, 2012

http://www.terradaily.com/reports/Water_extraction_helped_trigger_deadly_quake_in_Spain_scientists_999.html

###################################################

BELOW THE BOTTOM LINE:

Media bozos buy ?cancer bra? hype

By Staff Writers, ACSH, Oct 22, 2012

http://www.acsh.org/media-bozos-buy-cancer-bra-hype/

Speed limits on cargo ships could reduce their pollutants by more than half

By Staff Writers, Washington DC (SPX) Oct 26, 2012

http://www.energy-daily.com/reports/Speed_limits_on_cargo_ships_could_reduce_their_pollutants_by_more_than_half_999.html

[SEPP Comment: Sailing ships could pollute less.]

Frankenstorm: God?s Latest Warning?

By Ted Glick, Grist, Oct 26, 2012

http://grist.org/article/frankenstorm-gods-latest-warning/

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Source: http://wattsupwiththat.com/2012/10/29/weekly-climate-and-energy-news-roundup-68/

gone tyler perry good deeds pretty in pink nba all star game shark tank john wall gordon hayward

Potsdam Hospital Guild, Saratoga Hospital and Nursing Home

(Albany, N.Y.)? ? The Healthcare Association of New York State (HANYS) presented its 2012 Auxiliary of the Year Awards to Potsdam Hospital Guild and Saratoga Hospital and Nursing Home Volunteer Guild.? Awardees were honored at a luncheon ceremony at HANYS? Annual Institute for Health Care Auxiliaries and Volunteer Leaders in Saratoga Springs Tuesday.

?Auxiliaries help connect our hospitals and health care systems to their communities,? said HANYS President Daniel Sisto. ?HANYS applauds Potsdam Hospital Guild and Saratoga Hospital and Nursing Home Volunteer Guild for the wide range of activities that they support on behalf of the hospital and community, and thanks them for their commitment to health.?

HANYS established the Auxiliary of the Year Award to recognize the many ways that auxiliaries help strengthen New York State?s health care system. This year the award was presented to two auxiliaries that demonstrated outstanding achievement in community outreach and advocacy, one for an auxiliary to a health care facility with 100 beds or fewer, and a second award for a facility affiliated with a facility with more than 100 beds.

Potsdam Hospital Guild (small hospital category)

Since its founding in 1933, the Potsdam Hospital Guild has focused on giving back to the community, strengthening relationships and supporting the villages and townships surrounding Canton-Potsdam Hospital.

Each year, Potsdam Hospital Guild awards scholarships to students entering a health-related field, pursuing a nursing degree or enrolling in physical therapy and physician assistant programs at local universities.? The Guild supports the Kinney Drug Prescription Initiative, which helps get community members medications they cannot afford, donates a basket full of baby items to the first ?New Year?s Baby? born at the hospital, and provides for needy families during Christmas.

The majority of the Guild?s fundraising donations go directly to the hospital, which is also served by the Edward John Noble Guild of Canton-Potsdam Hospital, for equipment and building projects, including:

  • an annual pledge to support a new cancer center, with a chemotherapy infusion room;
  • grants awarded to departments within Canton-Potsdam Hospital to enhance the services and care each department provides to patients;
  • funding and designing a room as part of Hospital for Hospice; and
  • remodeling hospital rooms for use by patients? families.

Saratoga Hospital and Nursing Home Volunteer Guild (large hospital category)

Saratoga Hospital and Nursing Home Volunteer Guild has been honoring its pledge to ?interpret the hospital to the community at large and to assist in any way advisable,? for 63 years.? From its original 14 members in 1948, the Guild now has more than 300 members in 55 different areas of the hospital, who donated more than 55,000 service hours in 2011.? Volunteers can be found in the health and fitness gym, same-day surgery pre- and post-operative stations, operating the Medical Library, and staffing the emergency department information desk.

Saratoga Hospital Guild manages and operates two highly successful retail ventures: the Gift Shoppe and Treasures Consignment Boutique and Thrift Shop, which has been named ?Local?s Choice Award for Saratoga Springs? consignment shop for the past three years.? Proceeds from the shops enabled the Guild to make a substantial contribution to the hospital?s new Community Health Resource Center for the un- and under-insured.

The Guild also: helps coordinate blood drives; offers a reading enrichment program; sponsors scholarships; hosts sales, annual bazaars, and fundraisers; holds special events, such as ?Lights of Love? for nursing home residents, and delivery of flowers to all patients on Thanksgiving; and conducts a summer program for youth called Students Sharing Opportunities and Responsibilities.

The Healthcare Association of New York State (HANYS) is the only statewide hospital and continuing care association in New York State, representing 500 non-profit and public hospitals, nursing homes, home care agencies, and other health care organizations.

Source: http://www.longislandexchange.com/press/2012/10/29/potsdam-hospital-guild-saratoga-hospital-and-nursing-home-volunteer-guild-named-auxiliaries-of-the-year/

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German Robot Learns How to Play Ping-Pong [VIDEO]

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Couple of weekly portions of oily fish can help ward off stroke: But fish oil supplements don't have the same effect

ScienceDaily (Oct. 30, 2012) ? Eating at least two servings of oily fish a week is moderately but significantly associated with a reduced risk of stroke, finds a study published on the British Medical Journal website.

But taking fish oil supplements doesn't seem to have the same effect, say the researchers.

Regular consumption of fish and long chain omega 3 fatty acids has been linked with a reduced risk of coronary heart disease and current guidelines recommend eating at least two portions of fish a week, preferably oily fish like mackerel and sardines. But evidence supporting a similar benefit for stroke remains unclear.

So an international team of researchers, led by Dr. Rajiv Chowdhury at Cambridge University and Professor Oscar H. Franco at Erasmus MC Rotterdam, analysed the results of 38 studies to help clarify the association between fish consumption and risk of stroke or mini-stroke (transient ischaemic attack or TIA). Collectively, these conditions are known as cerebrovascular disease.

The 38 studies involved nearly 800,000 individuals in 15 countries and included patients with established cardiovascular disease (secondary prevention studies) as well as lower risk people without the disease (primary prevention studies). Differences in study quality were taken into account to identify and minimise bias.

Fish and long chain omega 3 fatty acid consumption was assessed using dietary questionnaires, identifying markers of omega 3 fats in the blood, and recording use of fish oil supplements. A total of 34,817 cerebrovascular events were recorded during the studies.

After adjusting for several risk factors, participants eating two to four servings a week had a moderate but significant 6% lower risk of cerebrovascular disease compared with those eating one or fewer servings of fish a week, while participants eating five or more servings a week had a 12% lower risk.

An increment of two servings per week of any fish was associated with a 4% reduced risk of cerebrovascular disease. In contrast, levels of omega 3 fats in the blood and fish oil supplements were not significantly associated with a reduced risk.

Several reasons could explain the beneficial impact of eating fish on vascular health, say the authors. For example, it may be due to interactions between a wide range of nutrients, like vitamins and essential amino acids, commonly found in fish. Alternatively, eating more fish may lead to a reduction in other foods, like red meat, that are detrimental to vascular health. Or higher fish intake may simply be an indicator of a generally healthier diet or higher socioeconomic status, both associated with better vascular health.

The differences seen between white and oily fish may be explained by the way they are typically cooked (white fish is generally battered and deep fried, adding potentially damaging fats).

Although there's a possibility that some other unmeasured (confounding) factor may explain their results, the authors conclude that "they reinforce a potentially modest beneficial role of fish intake in the cause of cerebrovascular disease."

In addition, they say their findings are in line with current dietary guidelines that encourage fish consumption for all; and intake of fish oils to people with pre-existing or at high risk of heart disease. They also support the view that future nutritional guidelines should be principally "food based."

In an accompanying editorial, authors from the Division of Human Nutrition at Wageningen University suggest that although it is "reasonable" to advise patients that eating one or two portions of fish per week could reduce the risk of coronary heart disease and stroke, any benefit of long chain omega 3 fatty acid supplementation is likely to be small. They say it is possible, however, that patients with additional risk factors such as diabetes may benefit.

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The above story is reprinted from materials provided by BMJ-British Medical Journal, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


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Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/MgWm_JSWvrc/121030210349.htm

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Mason Capital Wins Legal Round in Battle with Telus: Empty Voting ...

Robert Adamson, Executive Director
CIBC Centre for Corporate Governance and Risk Management

The hedge fund Mason Capital (US) and Canadian Telus Corporation crossed swords this year when the Telus Board of Directors? tried to consolidate voting and non-voting class shares (which was anticipated and authorized in the corporate articles).? These issues may seem technical but go to the heart of principled corporate governance. This legal battle was not only about share consolidation and equity of shareholder rights to vote and call meetings, but also about whether short-term investors with little or no long-term economic interest in a company should be able to use their shareholder position to direct or vote against decisions that boards and management have decided are in the company?s best interest.

This is not an easy issue for courts to decide. The facts of the case are somewhat complicated and they pit issues of shareholder rights and democracy against the rights of boards and management to make long-term decisions for the company. But understanding the facts is important to understanding what may be at stake in this case and many others that never make it to the public eye, let alone to court.

Though Mason Capital held almost 20% of Telus shares, it has also sold short or bet against Telus shares as part of a complex arbitrage and hedging investment strategy. Mason Capital only became interested in Telus as an investment opportunity after Telus announced that it wanted to consolidate its voting and non-voting shares on a one-to-one basis.

The reasons for Telus undertaking this share consolidation reflect both general corporate governance objectives to create universal shares for marketplace liquidity, and more specific Canadian regulations around foreign ownership which led to separating voting and economic interests.? More particularly, significant trends in reducing the foreign ownership of Telus ?stock? meant it no longer required dual class shares.?When Telus announced that it was consolidating its dual class shares, Mason Capital invested as part of an arbitrage strategy that exploited the difference in price between voting and non-voting shares. Mason Capital invested in voting-class shares and, at the same time, shorted both voting and non-voting class shares. If the consolidation plan failed, Mason Capital would benefit if the historical spread between voting and non-voting class shares reemerged. But even if the Telus consolidation plan succeeded, the arbitrage and hedging strategy would mean that Mason Capital would not lose on its overall investment.

It is no surprise that Mason Capital opposed Telus? share consolidation plan. Mason Capital wanted holders of voting shares to continue to receive a premium as part of any share consolidation since this would help derive maximum benefit from Mason Capital?s arbitrage strategy. To promote its interests as a shareholder, Mason Capital wanted to call a meeting for shareholders of voting class shares, which trade at a premium, to get backing for its plan for a continued separate classes. To facilitate its plan, Mason Capital hired? securities depository services (CDS Clearing and Depository Services Inc.) to make the requisition on its behalf (and allowing Mason Capital to remain anonymous in the process). Mason Capitals? request as made by CDS was refused by Telus and denied through a decision of the Supreme Court of BC.

The BC Supreme Court decision in August was appealed and recently overturned on some matters by the BC Court of Appeal . Even more recently Telus shareholders voted on October 17 to proceed with the share consolidation plan which appears to settle the question for them, but the issues raised and lessons learned deserve note.

One concept which is attracting more attention and which was considered in the recent courts decisions is that of empty voting.? Mason Capital?s shareholdings represented 18.73% of Telus? voting shares but due to the preponderance of non-voting shares that represented a net investment of only 0.02% of Telus?s share capital (Prof. Anita Anand, FP Comment 17Oct12). One expert referred to this as ??a 1000-fold multiple of net economic interest, leveraging Mason Capital?s voting rights to ?empty voting? shares of non-voting equity in Telus. (Anand 17Oct12 re: H. Hu affidavit).

The case is, therefore, of interest to us also as an example of several challenges of the equity and marketplace credibility north and south of the Canada-US border of multiple-vote, and non-voting shares ? practices which have ?become common in the past generation (since 1990) and which are increasingly coming under scrutiny for unintended consequences.

Even though this arbitrage and hedging strategy creates little or no economic interest in Telus, and the trial court implied a concern that the interests of an empty voter and other shareholders are no longer aligned, the BC Court of Appeal decided that there are no corporate laws that preclude Mason Capital from requisitioning a meeting a shareholders to consider its proposals so long as the requirements of the governing legislation (BC Business Corporations Act ) are met. The Court indicated that it is for regulators and policy makers to create laws to prevent this conduct which, the court agreed, at least raises concerns.

But should there be new laws or regulations to prevent the type of conduct that Mason Capital has pursued? If ?empty voting? is a strategy that interferes with a company?s ability to make good governance decisions in the best long-term interests of the company, (eg (15 Oct12) www.theglobeandmail.com ? Report on Business ? Streetwise) should regulators and policy makers act to at least provide rights of disclosure or review? At present, the extent of empty voting in Canada is unclear (note, however, recent examples in WIC, CHUM, Oshawa Foods, Magna International). Yet the disclosure rules around these types of transactions and the complex hedging and arbitrage strategies of short-term investors, make it nearly impossible to know the nature and extent of empty voting.

So this case is not only about some technical and mundane share consolidation plan. It raises complicated issues about corporate governance, the rights of shareholders, and an increasingly important concept of empty voting. Mason Capital argued that shareholders paid more for voting class shares and that any share consolidation plans must reflect that premium. It does seem reasonable to expect that shareholder interests should not be diluted unfairly, and the Mason Capital conversion proposal of roughly 1.05 voting to non-voting based on market spread sounded reasonable to some.?? On the other hand, Telus argued that it is attempting in its share consolidation plan to implement universal voting rights where there are no distinctions of rights or attributes between voting and non-voting shares, as required by the corporate articles and consistent with principles of shareholder equity in corporate governance. Telus also argued that Mason Capital is not a shareholder invested in the future of the company but is motivated through short-term interest and financial gain almost as a game by shorting the stock of Telus even as it invested in Telus shares.

Policy makers and regulators should address these issues. Financial innovations that allow investors to vote on and influence company policy disproportionately to economic interests in the company were never contemplated by legislators and regulators in existing corporate and securities legislation, but rather balanced different interests in an operating concern. (see 14 September 12 Telus Empty Voting Decision, by Carol Hansell and J. Alexander Moore, Davies Ward Phillips & Vineberg [http://www.dwpv.com/fr/Resources/Publications/2012/TELUS-Empty-Voting-Decision]) Should investors who use short-selling, credit default swaps and other financial transactions and activities for short-term gain or outcomes that negatively impact the company be given the same rights and privileges as other shareholders? Does this expression of shareholder voting actually pervert shareholder democracy?? A colleague, David Fushtey [ Senior Fellow, Centre for Corporate Governance and Risk Management, Beedie Business School] asks whether there is a regulatory approach which could be used similar to approaches that address conflicts of interests. In circumstances such as this when a shareholder is perceived as being in conflict of interest, we could call on practices which have evolved to balance interests including that of credibility in the larger marketplace. A simple example is that a response to such a conflict would be to require the shareholder(s) to recuse themselves from voting in the matter in question.

These are not issues that can be easily addressed through policy. If policy makers want to discourage or prevent ?empty voting? of this type, what can be done? The choices are fairly limited. Regulators could pro-rate an investor?s position in a way that only acknowledges or credits a net long position. This seems to be a fairly radical and administratively onerous approach, yet an example of the attention this issue is getting here and abroad ?(eg. W.G. Ringe, ?Hedge Funds and Risk-Decoupling-The Empty Voting Problem in the European Union? (Aug,2012) [http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2135489]. ?Alternatively, regulators could assess empty voting on a case-by-case basis perhaps using a conflicts analysis or threshold to trigger an assessment.? Perhaps the most workable idea in dealing with empty voting is to put the onus on shareholders to disclose structures that may lead to empty voting. This is something that European and US regulators are currently contemplating

But what about here in Canada? Not only do current laws on disclosure make it difficult to know the extent and nature of the empty voting problem in Canada, if policy makers did want to implement policy reform, it is a much more complicated process to succeed in those policy reforms than it is in the US or even Europe. National legislative and regulatory changes are challenged by ?our fragmented securities regulatory regime in the absence of a national regulator as all 13 regulators in Canada would need to address the problem in some coordinated fashion. (see A National Securities Regulator and the Proposed Canadian Securities Act: Is Politics Taking Precedent Over Good Corporate Governance and Regulation? Robert Adamson November 26th, 2010, Centre for Corporate Governance and Risk Management Blog)

Despite these challenges, the Telus legal battle brings to light an important corporate governance issue for both Canadian companies and investors. Some balance must be found between two important and sometimes competing interests: that of boards and management to act in the best interests of the company within a business judgment standard, and the rights of shareholders to reasonably oversee their investments through rights granted under statute. But in an era of hedge funds, short-term arbitrage strategies and other financial innovations, work-arounds and techniques, it may become more critical to differentiate somehow the types and motivations of shareholders. At the very least, more transparency and disclosure around the identity of not just registered agents but the principal shareholders engaged in empty voting may be a preliminary and relatively painless way to start.

* with thanks to David Fushtey and Michael Parent for their suggestions and contributions

Source: http://business.sfu.ca/corporate-governance-blog/2012/10/mason-capital-wins-legal-round-in-battle-with-telus-empty-voting-disclosure-and-corporate-governance/

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Calculating the ROI on Your Communications ? Jan. 10 Luncheon ...

Angela Sinickas

Angela Sinickas, President, Sinickas Communications

A luncheon with communications measurement authority Angela Sinickas

Measuring the effectiveness of communication isn?t enough anymore. Senior management is asking for more direct correlation between the money spent on communication and business outcomes ? evidence that communication increases revenue or reduces expenses.

This session will show many examples of how organizations from businesses to government agencies have calculated the return on investment (ROI) for both internal and external communication.

In this session, Angela will show you how to:

  • Plan communication in a way that it ties to behavior change
  • Demonstrate a linear connection between your communication activities and the resulting behavior change
  • Translate behavior change into dollars
  • Take the appropriate amount of credit for the behavior change using either pilot studies or survey questions
  • Calculate a return on investment based on the credit you can take vs. the cost of the communication

Angela Sinickas, ABC, and an IABC Fellow, is president of Sinickas Communications, Inc., an international consulting firm that helps organizations plan and measure successful communications.

Sinickas? name is synonymous with practical measurement of organizational communication. She is the author of How to Measure Your Communication Programs and a regular columnist for Strategic Communication Management. She has spoken to audiences in 30 countries, and her work has been recognized with 17 IABC Gold Quills.

Details for luncheon Communications ROI presentation:
Thursday, Jan. 10, 2013?
11:30 a.m. ? 1 p.m.
Arizona Bridge to Independent Living (ABIL) Conference Center
5025 E. Washington St.
Phoenix, AZ 85034

Luncheon registration and networking will begin at 11:30 a.m

To register for the Calculating the ROI of Your Communications luncheon-ONLY, Click here.

NOTE: Save $10 by signing up for both the luncheon and Sinickas? half-day seminar, Communications Measurement on a Shoestring Budget,?at the same time. Click here for more information on the seminar and to?register for either the seminar-ONLY or for?BOTH programs:?the seminar and the luncheon combo.

Source: http://www.iabcphoenix.com/calculating-the-roi-on-your-communications-jan-10-luncheon/

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Learn Biology: Autotrophs vs. Heterotrophs ? Hourly Book

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SALE TODAY: Learn Piano on iOS bit.ly Mahalo biology expert Mary Poffenroth discusses the differences between autotrophs and heterotrophs. Every living organism needs energy to survive and they extract that energy from the food they consume. Based on how they obtain energy, living organisms are classified into two groups: autotrophs and heterotrophs.c The autotrophs can prepare their own food using inorganic raw materials, which they extract from outside

Biology education

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Source: http://javedshaikm.wordpress.com/2012/10/29/learn-biology-autotrophs-vs-heterotrophs/

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