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Gary Edwards

Startup turns carbon dioxide into fuels - 0 views

  • The research has received funding from the Air Force Office of Scientific Research (AFSOR), the National Science Foundation and the Department of Energy (DOE). The collaboration between Liquid Light and the University was supported by the DOE Small Business Innovation Research program and the AFOSR Small Business Technology Transfer program. Princeton's agreement with Liquid Light allowed the company to continue to collaborate with Bocarsly and his research team. Before long, new discoveries were emerging. "They started noticing interesting chemistry that we wouldn't have predicted," said Bocarsly.
  • The Princeton scientists did some additional studies, and made a surprising discovery: They could turn CO2, which contains only one carbon, into a compound with a carbon-carbon bond, which vastly increases the possibilities for creating commercial applications. This was radical because although the reaction is certainly possible, it is highly unlikely to happen because so many other competing reactions are occurring. "Everyone who electrochemically reduces CO2 today makes compounds with only one carbon," said Bocarsly. "Nobody makes things with carbon-carbon bonds." He paused. "But we can." "That was a very 'wow' moment," recalled Cole, "because we thought that our process could only make methanol. But now we were finding that we could make a variety of products, and that is what makes this technology commercially interesting." She said Liquid Light scientists can now make more than 20 different products from CO2.
  • One of the chemicals Liquid Light can make is isopropanol, commonly known as rubbing alcohol and an important industrial chemical. Another is butanol, which could be commercially important as a fuel. Liquid Light's technology offers the potential to make these chemicals at lower cost than today's methods, which involve starting with fossil fuels such as petroleum and natural gas.
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  • Why does pyridinium work so well as a catalyst for the reaction? Based on its structure, the ring-shaped molecule is an unlikely catalyst for this reaction because it shuttles just one electron at a time. But to convert CO2 to methanol requires six electrons, and to make higher-carbon molecules takes even more electrons. Bocarsly and his team — in collaboration with Steven Bernasek, professor of chemistry — are doing studies to understand the steps in the chemical reaction, and they are making rapid progress. "There are clearly some intermediate products formed during the reaction that do not sit around for a long time and are not there in very high concentrations," said Bocarsly.
  • The Princeton team also is studying the factors that determine which products can be made from CO2. The researchers have found that very subtle changes in the electrode surface can lead to production of different chemicals. For example, CO2 plus a pyridinium catalyst and a platinum electrode make methanol. However, the same catalyst and a different electrode give a different product. The team published its findings on how the reaction is affected by catalyst concentration, temperature and pressure in the journal ChemSusChem last year.
  • Citing government statistics that the United States generates about 5.5 billion metric tons of CO2 per year, Teamey said it will not be hard to obtain the starting materials for this new industry. However, the CO2 needs to be relatively pure, a requirement that rules out gasoline tailpipes and coal-fired power plants. Instead, said Teamey, the CO2 could come from manufacturing facilities, such as fertilizer manufacturers and cement plants, which according to Teamey emit some 100 million tons of high-purity CO2 each year.
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    "Today, carbon dioxide (CO2) is a hot topic. Scientists around the globe are searching for ways to store, dispose of, or prevent the formation of the greenhouse gas, which is a major driver of global climate change. Liquid Light hopes to take this concept one step further and harness waste CO2 as a source of carbon to make industrial chemicals and fuels. The technology behind the process is simple: Take CO2 and mix it in a water-filled chamber with an electrode and a catalyst. The ensuing chemical reaction converts CO2 into a new molecule, methanol, which can be used as a fuel, an industrial solvent or a starting material for the manufacture of other chemicals. Liquid Light's founders include Bocarsly and his former graduate student Emily Cole, who earned her Ph.D. from Princeton in 2009. Cole helped revive efforts in Bocarsly's lab to study the conversion of CO2 into usable fuels, which led to the launch of Liquid Light and an ongoing collaboration that Bocarsly said has been extremely positive for his research team at the University. "We've made some discoveries that wouldn't have been made in a university setting, and this has really accelerated the research," Bocarsly said. "It is a very productive relationship." Back in the 1990s, a former Ph.D. student of Bocarsly's named Chao Lin conducted some of the earliest experiments on turning CO2 into methanol. He used palladium metal as the electrode and pyridinium, an inexpensive ring-shaped molecule, as the catalyst. By plugging the electrode into an electrical outlet, he could drive an electrochemical reaction that converted CO2 into methanol. As Bocarsly recalled, Lin was quite excited about his success. However, said Bocarsly, "We published that finding in 1994 and there was approximately zero interest in it." The work languished until 2005 when Cole, then a new graduate student, told Bocarsly she wanted to work on a clean-energy project. She took up the challenge of reproducing Lin's results, but this time
Gary Edwards

Conventional fuels from concentrated sunlight | Discover | University of Minnesota - 0 views

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    "Simulated sun, authentic opportunity" At the University's Solar Energy Laboratory, the process begins with an indoor solar simulator in the form of seven mirrored, 6,500-watt lamps that concentrate the light on a 10-centimeter spot with an irradiance of 3,000 suns. (One "sun" equals 1,000 watts of solar energy falling per square meter of surface.) With this concentrated radiant energy, one can generate temperatures of more than 3,600 F in a chemical reactor. There, carbon dioxide and water are split to form carbon monoxide and hydrogen, the two components of syngas. Davidson, along with mechanical engineering professor Tom Chase and their students, have developed two prototype reactors to split water and CO2. Deploying these technologies in the Earth's sunbelt could yield enough renewable energy to significantly exceed the world's current needs, the researchers say. "More sun falls on Earth in one hour than is consumed globally in a year," Davidson notes. "Harvesting the sun to meet our energy needs is a challenge with a huge payoff." Of course, it's a little more complicated than focusing concentrated sunlight into a reactor filled with carbon dioxide and water. The key to the technology rests with using metal oxides in a reduction/oxidation cycle to reduce the temperature required to split water and carbon dioxide. "Metal oxides allow you to split water and carbon dioxide at temperatures achievable with modern solar concentrating devices," Davidson explains. In the reactor, the metal oxides go through cycles in which they strip oxygen alternately from carbon dioxide or water-forming carbon monoxide or hydrogen, respectively-then release the oxygen as a byproduct. The syngas formed from the carbon monoxide and hydrogen can be converted into gasoline, diesel, jet fuel, methane (natural gas), or other products. Davidson and her colleagues have produced syngas this way in their laboratory. They have moved from bench top experiments to demonstration in proto
Paul Merrell

Global carbon dioxide levels break 400ppm milestone | Environment | The Guardian - 0 views

  • Record carbon dioxide (CO2) concentrations in the atmosphere were reported worldwide in March, in what scientists said marked a significant milestone for global warming. Figures released by the US science agency Noaa on Wednesday show that for the first time since records began, the parts per million (ppm) of CO2 in the atmosphere were over 400 globally for a month. The measure is the key indicator of the amount of planet-warming gases man is putting into the atmosphere at record rates, and the current concentrations are unprecedented in millions of years. The new global record follows the breaking of the 400ppm CO2 threshold in some local areas in 2012 and 2013, and comes nearly three decades after what is considered the ‘safe’ level of 350ppm was passed.
  • “Reaching 400ppm as a global average is a significant milestone,” said Pieter Tans, lead scientist on Noaa’s greenhouse gas network. “This marks the fact that humans burning fossil fuels have caused global carbon dioxide concentrations to rise more than 120ppm since pre-industrial times,” added Tans. “Half of that rise has occurred since 1980.”
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    Combustion as an energy source has to end.
Joseph Skues

Arctic Ice in Death Spiral - Yahoo! News - 0 views

  • dangerously upsetting the energy balance of the entire planet,
  • the Arctic summer sea ice cover is in a death spiral. It's not going to recover," he said.
  • ecause
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  • emendous amounts of extra heat are added every summer to the region as more than 2.5 million square kilometres of the Arctic Ocean have been opened up to the heat of the 24-hour summer sun
  • takes much longer to re-freeze
  • emits huge volumes of additional heat energy into the atmosphere
  • srupting the weather patterns of the northern hemisp
  • Paradoxically, a warmer Arctic means "future cold and snowy winters will be the rule rather than the exception
  • Overland told IPS.
  • average temperatures are now three to five degrees C warmer than they were 30 years ago
  • nderway is a rapid warming of the coastal regions of the Arcti
  • f the global average temperature increases from the present 0.8 C to two degrees C, as seems likely
  • possibly eight degrees due to a series of processes and feedbacks called Arctic amplification.
  • half of the world's permafrost will likely thaw,
  • depth of a few metres,
  • eleasing most of the carbon and methane accumulated ther
  • aid Vladimir Romanovsky of the University of Alaska in Fairbanks and a world expert on permafrost.
  • 25 times more potent than carbon dioxide (CO2).
  • Methane is
  • catastrophic for human civilisatio
  • spans 13 million square kilometres of the land in Alaska, Canada, Siberia and parts of Europe
  • contains at least twice as much carbon as is currently present in the atmosphere –
  • hree times more carbon than all of the worlds' forests contain.
  • consistently across the entire region since the 1980s,
  • southernmost permafrost limit had retreated 130 kilometres over the past 50 years in Quebec’s James Bay region.
  • r by the undersea permafrost that acts as a cap over unknown quantities of methane hydrates (a type of frozen methane) along the Arctic Ocean shelf, he said.
  • eight million tonnes of methane emissions are bubbling to the surface from the shallow East Siberian Arctic shelf every year
  • If just one percent of the Arctic undersea methane reaches the atmosphere, it could quadruple the amount of methane currently in the atmosphere.
  • releasing huge amounts of global warming gases.
  • ould rapidly accelerate in a few decad
  • we could lose much of the permafros
  • because of rapid feedbacks.
  • Present pledges by governments to reduce emissions will still result in a global average temperature increase of 3.5 to 3.9 C by 2100,
  • Arctic that's 10 to 16 degrees C warme
  • asing most of the permafrost carbon and methane and unknown quantities of methane hydrates.
  • climate scientists are calling for a rapid phaseout of fossil fuels
  • still a 50-percent probability of exceeding two degrees C
  • decline three per cent per year
  • the emissions peak is delayed until 2025
  • rctic will be eight to 10 degrees warmer and the world will lose most its permafrost.
  • emperatures will rise three degrees
  • has the potential to eliminate burning coal and oil to generate electric
  • governments have the political will to fully embrace green technologies.
Gary Edwards

Federal Loans Fund Big-Ticket Energy Projects At Firms Outside Of U.S. | Fox News - 0 views

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    Solyndra II - The Spanish company, Abenoga has recieved a massive DOE taxpayer funded "investment".  Looks like another example of corrupt Obama crony socialism and blatant money laundering for the Socialist party, USA. According to the U.S. Energy Information Administration (EIA), such solar thermal power is far and away the most expensive option that it considered in projecting the cost of new electricity technologies over the next four years.Using a complex calculation known as "levelized cost," EIA says that solar thermal energy will weigh in at $311.60 per megawatt/hour, vs. $210.70 for more conventional solar paneling, and $113.90 for "advanced nuclear."Click here for the EIA cost estimatesCompared to more conventional energy sources, solar thermal is even pricier -- much pricier. The EIA says that natural gas-fueled energy plants, even using advanced techniques to remove carbon from their emissions, would cost $89.3 per megawatt/hour, while ordinary gas fueled natural gas generation would cost $66.10.A conventional coal-fired electrical plant -- anathema in green circles -- would provide energy at $94.80 per megawatt/hour, and one equipped with "clean" coal technology and sequestration of carbon emissions would provide electricity at a cost of $136.20 per megawatt/hour.The second-most pricey option on the EIA list, after solar thermal, is energy from wind turbines placed in the ocean, which comes in at $243.20 per megawatt/hour.In other words, even that difficult and costly-to-produce energy source is projected to cost only three-quarters as much. Read more: http://www.foxnews.com/politics/2011/09/22/federal-loans-fund-big-ticket-energy-projects-at-firms-outside-us/?intcmp=obinsite#ixzz1Zs0en100
Paul Merrell

Investigation Finds World's Largest Coal Company Misled Public On Climate Change | Thin... - 0 views

  • The world’s largest private coal company misled its investors and the public about the financial risks of climate change, New York state’s attorney general announced on Monday. In a press release, Attorney General Eric Schneiderman said Peabody Energy violated New York laws prohibiting “false and misleading conduct” in public statements about its business. Specifically, Schneiderman found that Peabody failed to tell its investors about how regulations to fight climate change could hurt the coal industry. Instead, Peabody insisted it had no idea how climate regulations would affect its business, and provided its investors with “incomplete and one-sided discussions” of the future of coal in a climate-concerned world, Schneiderman said.
  • “As a publicly traded company whose core business generates massive amounts of carbon emissions, Peabody Energy has a responsibility to be honest with its investors and the public about the risks posed by climate change, now and in the future,” Schneiderman said in a statement. “I believe that full and fair disclosures by Peabody and other fossil fuel companies will lead investors to think long and hard about the damage these companies are doing to our planet.” The state laws Peabody was found to have violated are the Martin Act and Executive Law, both of which “prohibit false and misleading conduct in connection with securities transactions,” the attorney general said. Peabody did not admit or deny those findings, but signed a document on Sunday agreeing to revise its shareholder disclosures with the Securities and Exchange Commission. Per that document, Peabody will have to correct its financial statements to be honest about how a global climate deal or other carbon regulation could hurt its business. The document can be found in full here.
  • Peabody’s violations will not result in financial punishment, as both laws only allow monetary penalties if shareholders need to be reimbursed for financial losses. It’s difficult to know what, if any, financial harm was passed on to shareholders due to Peabody’s misleading statements, since this particular situation was about the future risks of climate change. If in the future, however, investors find that Peabody’s misleading statements cost them money, they would likely have the option to sue. The settlement comes just a few days after the two-year investigation became public. On Friday, Scheiderman announced that his office had issued subpoenas to both Peabody and oil company ExxonMobil, both related to the fossil fuel giants’ public statements on climate change.
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  • Environmentalists and Democratic politicians have accused ExxonMobil of engaging in a cover-up to mislead the public about the risks of human-caused climate change in order to sell more of its carbon-intensive product. Exxon has vehemently denied the accusation. Either way, Schneiderman’s two investigations are sparking serious legal discussion about how honest fossil fuel companies must be when it comes to the carbon emissions they create — especially if honesty might mean knowingly lowering profits. Should coal companies be forced to admit that their coal is creating a climate risk? If so, should they be allowed to fund politicians who advocate against climate action? Are these corporate activities protected free speech? Bloomberg View columnist Matt Levine offered a nuanced discussion of those questions on Friday. And ultimately, he said, it may just come down to whether these companies lied to their own investors — even if the lie was in their investors’ financial interest. “If you lie to the public about the risks that fossil fuel use poses to life on earth, you are just exercising your right as a citizen,” Levine wrote. “But if you lie to your investors about the risks that fossil fuel regulation poses to your stock price, you are committing fraud and will get in bad trouble.”
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    "If you lie to the public about the risks that fossil fuel use poses to life on earth, you are just exercising your right as a citizen," Levine wrote. Correction. Corporations are not citizens; only human beings can achieve that status.  
Gary Edwards

An Inconvenient Truth: Liberal Climate Inquisition Can't Explain Past Temperature Changes - 0 views

  • For instance, the chart above shows reconstructed average world temperature data for the past 500,000 years. Depending on the magnification and size of your monitor, each pencil dot would span something on the order of 1,000 years. The myriad 10-degree Celsius temperature flips all happened before man-made carbon dioxide could have had any impact—the final temperature spike started at the end of the last ice age.
  • Now see if you can follow this: The “science thought police” insist that even though none of the temperature variations for the first 499,950 years had anything to do with human activity, virtually none of the temperature increases of the past 50 years had anything to do with nature. Got it?
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    "In the week prior to the administration signing what should constitute an international climate treaty, one think tank, the Competitive Enterprise Institute, was subpoenaed for casting doubt on the agreement's associated science of climate catastrophe. As disturbing as such thuggery from state attorneys general would be in any case, the premise of the subpoena is faulty. The Competitive Enterprise Institute did not cast doubt on the dubious climate science. The actual data cast the doubt. The think tank and others have simply pointed out what the data show. It looks like thoughtcrime has now moved from George Orwell's novel "1984" to the twisted reality of our judicial system. Pointing out facts should never be a real crime. The Heritage Foundation's new Paris-bubble-popping science summary is also a case of letting the numbers tell a story. A story many never hear in the media-hyped spectacle that is international climate policy."
Paul Merrell

Report on the Free Flow of Information Act - 0 views

  • 113th Congress Report SENATE 1st Session 113-118 ====================================================================== FREE FLOW OF INFORMATION ACT OF 2013 _______ November 6, 2013.--Ordered to be printed _______ Mr. Leahy, from the Committee on the Judiciary, submitted the following R E P O R T together with ADDITIONAL AND MINORITY VIEWS [To accompany S. 987]
  • Senator Cornyn offered an amendment (ALB13708) that would ensure that all persons or entities that are protected under the Free Press Clause of the First Amendment are covered by the bill's privilege. The Committee rejected the amendment by a roll call vote. The vote record is as follows: Tally: 4 Yeas, 13 Nays, 1 Pass Yeas (4): Cornyn (R-TX), Lee (R-UT), Cruz (R-TX), Flake (R- AZ) Nays (13): Leahy (D-VT), Feinstein (D-CA), Schumer (D-NY), Durbin (D-IL), Whitehouse (D-RI), Klobuchar (D-MN), Franken (D- MN), Coons (D-DE), Blumenthal (D-CT), Hirono (D-HI), Grassley (R-IA), Hatch (R-UT), Graham (R-SC) Pass (1): Feinstein (D-CA)
  • ADDITIONAL MINORITY VIEWS FROM SENATORS CORNYN, SESSIONS, LEE, AND CRUZ On December 15, 1791, the United States of America ratified the Bill of Rights--the first ten amendments to the U.S. Constitution. The first among them states: ``Congress shall make no law . . . abridging the freedom . . . of the press[.]'' United States Constitution, amend. I. The freedom of the press does not discriminate amongst groups or individuals--it applies to all Americans. As the Supreme Court has long recognized, it was not intended to be limited to an organized industry or professional journalistic elite. See Branzburg v. Hayes, 408 U.S. 665, 704 (1972) (the ``liberty of the press is the right of the lonely pamphleteer who uses carbon paper or a mimeograph just as much as of the large metropolitan publisher who utilizes the latest photocomposition methods. Freedom of the press is a fundamental personal right[.]''); Lovell v. Griffin, 303 U.S. 444, 452 (1938) (``The liberty of the press is not confined to newspapers and periodicals. It necessarily embraces pamphlets and leaflets. . . . The press in its historic connotation comprehends every sort of publication which affords a vehicle of information and opinion.''). The Founders recognized that selectively extending the freedom of the press would require the government to decide who was a journalist worthy of protection and who was not, a form of licensure that was no freedom at all. As Justice White observed in Branzburg, administering a privilege for reporters necessitates defining ``those categories of newsmen who qualified for the privilege.'' 408 U.S. at 704 That inevitably does violence to ``the traditional doctrine that liberty of the press is the right of the lonely pamphleteer who uses carbon paper or a mimeograph just as much as of the large metropolitan publisher who utilizes the latest photocomposition methods.'' Id.
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  • The First Amendment was adopted to prevent--not further-- the federal government licensing of media. See Lovell, 303 U.S. at 451 (striking an ordinance ``that . . . strikes at the very foundation of the freedom of the press by subjecting it to license and censorship. The struggle for the freedom of the press was primarily directed against the power of the licensor.''). But federal government licensing is exactly what the Free Flow of Information Act would create. The bill identifies favored forms of media--``legitimate'' press--by granting them a special privilege. That selective grant of privilege is inimical to the First Amendment, which promises all citizens the ``freedom of the press.'' See Branzburg, 408 U.S. at 704 (``Freedom of the press is a fundamental personal right[.]'') (emphasis added). It also threatens the viability of any other form of press. The specially privileged press will gain easier access to news. That will tip the scales against its competitors and make it beholden to the government for that competitive advantage. A law enacted to protect the press from the state will, in fact, make that press dependent upon the federal government--anything but free.
  • Proponents of this bill suggest that, because the Constitution does not provide a reporter's privilege, Congress's provision of a limited privilege cannot raise any constitutional concerns. Those proponents misunderstand--and thus run afoul of--the First Amendment. The First Amendment was adopted to prevent press licensure. While it does not create a ``reporter's privilege'' on its own, it abhors the selective grant of privilege to one medium over another. The American Revolution was stoked by renegade pamphleteers and town criers who used unlicensed presses to overthrow tyranny. Today, ``any person with a phone line can become a town crier with a voice that resonates farther than it could from any soapbox. Through the use of Web pages, mail exploders, and newsgroups, the same individual can become a pamphleteer.'' Reno v. Am. Civil Liberties Union, 521 U.S. 844, 870 (1997). If today's town crier or pamphleteer must meet a test set by the federal government to avail themselves of liberty, we have gone less far from tyranny than any of us want to admit. This bill runs afoul of the First Amendment to the United States Constitution and amounts to de facto licensing. It would weaken the newly-illegitimate press, render the specially privileged press supplicant to the federal government and ultimately undermine liberty. This legislation also raises a number of serious national security concerns, as discussed in the minority views authored by Senator Sessions. For these reasons, we oppose this bill. John Cornyn. Jeff Sessions. Michael S. Lee. Ted Cruz.
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    The Senate Committee on the Judiciary reports with a do-pass recommendation a bill to grant a "covered journalist" a limited testimonial privilege against revealing news sources. But the attempt to grant such a shield to mainstream media reporters not only runs afoul of the First Amendment as indicated by the quoted minority view, but also a denial of equal protection of the law for non-mainstream media investigators and lowly citizens. The core problem is the Supreme Court has invariably held that members of the press have no greater protection under the first amendment than the lowly pamphleteer, hence the denial of Equal Protection of the law in this legislation.  The legislation is in direct response to government surveillance of the press and reporters being required by the courts to reveal their sources of classified information. 
Gary Edwards

BP is asking for its punishment-literally | The Daily Caller - Chris Horner - 0 views

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    Chris Horner was in the room when BP, Enron, Al Gore and Clinton met to discuss by-passing the Constitutional advise and consent role role of the Senate and signing the Kyoto Treaty with "Cap and Trade" mandates.  Enron and BP invented "Cap and Trade".  And now Obama promises to punish BP by passing a USA "Cap and Trade" energy tax on US citizens.  Right.  Figure that one out!  Excellent article. Tim Carney has a column at the Washington Examiner detailing BP's lobbying influence, which begs the following history lesson and first-hand account for voters, generally unaccustomed to such sleaze, to fully appreciate the game presently being played out in Washington. President Obama announced in Pittsburgh last week that BP's Gulf oil spill demands his wrath in the form of the Kerry-Lieberman "cap-and-trade" energy tax. Hearing this, your reaction may have been to wonder just how making energy more expensive for everyone-seniors, the poor, it's all good-is a proper response. And the truth is that our young ideological president's effort to make sure this crisis doesn't go to waste is actually much worse than it seems on its face. BP, joined by Enron, invented carbon cap-and-trade in the mid-1990s. Yeah. That cap-and-trade. I know, because I was in the room. And BP has been lobbying for it aggressively and at great expense ever since, some eight figures of which has gone to green pressure groups. Specifically, in May 1997 I met with senior officials from BP, Niagara Mohawk Power, and others… "others" like the Union of Concerned Scientists and their ilk… in the Washington offices of a white-shoe New York law firm, putting our collective heads together strategizing on how to get the U.S. roped into a global warming treaty, and get "cap-and-trade" imposed domestically, too.
Gary Edwards

UK Government Proposed Chemtrails/Geoengineering as Early as 1970-With U.N. Approval | ... - 0 views

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    "Parliamentary records confirm that the British government considered using cirrus clouds as a means of climate modification as early as 1970. In those days, climatologists thought that the climate was cooling and sought ways to warm it. Geoffrey Johnson Smith MP said: 'to counteract the cooling effect of atmospheric dust the more jets there are in the atmosphere emitting heat-producing carbon dioxide the better, but some scientists, not all, hold the view that jet contrails-vapour trails as we usually call them-because they can lead to the extensive formation of cirrus clouds, could increase the cloud cover and thus effectively cut off the sun's rays and reduce the earth's temperature'.1 The military already had secret devices for creating contrails as early as the 1950s, as the National Archives at Kew reveal. One document is called 'Artificial Contrail Generator'. It includes information on 'Artificial vapour trails: contrail suppression equipment; vapour trails from Hunter aircraft at 50,000ft as seen from the ground, and from another aircraft flying at 8,000ft'.2 Think about it. Fake contrails could be made at altitudes as low as 8,000 ft. Disturbingly, the contrail generators were tested at the UK's biochemical warfare laboratory, Porton Down, which sprayed chemicals on the British public intermittently from 1940 to 1979 in 'trials'.3"
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    Nice catch by marbux. Very detailed and referenced explanation of the where and why behind chemtrails. Chemical analysis shows heavy concentrations of ionized nano sized particles of aluminium, barium, and fluoride.
Paul Merrell

Tapie Affair: IMF head Christine Lagarde ordered to face trial by French court over tyc... - 0 views

  • A French court has ordered IMF boss Christine Lagarde to face trial over the part she played in the Tapie Affair, regarding a €400m (£291m, $433m) transfer to French business tycoon and entrepreneur Bernard Tapie.In September, France's main prosecutor recommended magistrates at the Cour de Justice de la Republique, which deals with crime allegations against government officials, drop the investigation. The magistrates were probing Lagarde's alleged negligence in regards to the affair when she was finance minister of the country.Why advertise with usIn 2008, when Lagarde served under Nicolas Sarkozy's government, she approved a three member arbitration panel that awarded the payment from the taxpayers' pockets. Lagarde and Sarkozy have both been under fire since then for approving the panel.The payment followed Tapie's accusation that French bank Credit Lyonnais defrauded him when it handled the businessman's sale of his majority stake in German sports retailer Adidas in 1993. Tapie alleged the bank of deliberately undervaluing the company after it sold the stake for a higher sum.
  • Because the now bust Credit Lyonnais was partly state owned, at least some of the money came from French taxpayers. Tapie sold his Adidas shares to become a cabinet minister. He backed and supported Sarkozy in his bid for presidency in 2007.
  • The case has been brought up numerous times throughout the years, but some have accused current president Francois Hollande of playing politics. While others say that Lagarde and Sarkozy approved the payment because the influential Tapie backed their government.Tapie used to be popular among the French, as an entrepreneur and 'rags to riches' success story. Apart from Adidas, he has owned cycling team and Tour de France winner La Vie Claire and French football club Olympique Marseille.
Paul Merrell

IMF criticises US spending cuts - Americas - Al Jazeera English - 0 views

  • The International Monetary Fund has assailed US government spending cuts as "excessively rapid and ill-designed" as it cut the economy's growth forecast for 2014. Warning that the country still faces downside risks to its recovery, the IMF cheered the Federal Reserve's stimulus efforts and urged Congress to help firm up growth by repealing the severe "sequester" budget cuts. In its annual report on the US economy, the IMF said growth would be only 1.9 percent this year, due to the sequester's impact, when it had the potential of growing as much as 1.75 percentage points faster.
  • It suggested fundamental tax reforms as part of actions to confront the longer term fiscal shortfall, including eliminating many exemptions and loopholes, and introducing a value-added tax and a carbon tax. It credited the Federal Reserve's aggressive quantitative easing - its $85 billion-a-month bond purchases, to hold down interest rates - with keeping the economy on a sure footing as the government slashes spending.
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    Austerity cuts for the rest of the world but more spending and "quantitative easing" for the U.S. Banksters!
Paul Merrell

The Stunning Hypocrisy of the U.S. Government | Washington's Blog - 0 views

  • Congress has exempted itself from the prohibition against trading on inside information … the law that got Martha Stewart and many other people thrown in jail. There are many other ways in which the hypocrisy of the politicians in D.C. is hurting our country. Washington politicians say we have to slash basic services, and yet waste hundreds of billions of dollars on counter-productive boondoggles. If the politicos just stopped throwing money at corporate welfare queens, military and security boondoggles and pork, harmful quantitative easing, unnecessary nuclear subsidies, the failed war on drugs, and other wasted and counter-productive expenses, we wouldn’t need to impose austerity on the people. The D.C. politicians said that the giant failed banks couldn’t be nationalized, because that would be socialism. Instead of temporarily nationalizing them and then spinning them off to the private sector – or breaking them up – the politicians have bailed them out to the tune of many tens of billions of dollars each year, and created a system where all of the profits are privatized, and all of the losses socialized. Obama and Congress promised help for struggling homeowners, and passed numerous bills that they claimed would rescue the little guy. But every single one of these bills actually bails out the banks … and doesn’t really help the homeowner.
  • The Federal Reserve promises to do everything possible to reduce unemployment. But its policies are actually destroying jobs. Many D.C. politicians pay lip service to helping the little guy … while pushing policies which have driven inequality to levels surpassing slave-owning societies. The D.C. regulators pretend that they are being tough on the big banks, but are actually doing everything they can to help cover up their sins. Many have pointed out Obama’s hypocrisy in slamming Bush’s spying programs … and then expanding them (millions more). And in slamming China’s cyber-warfare … while doing the same thing. And – while the Obama administration is spying on everyone in the country – it is at the same time the most secretive administration ever (background). That’s despite Obama saying he’s running the most transparent administration ever.
  • Glenn Greenwald – the Guardian reporter who broke the NSA spying revelations – has documented for many years the hypocritical use of leaks by the government to make itself look good … while throwing the book at anyone who leaks information embarrassing to the government. Greenwald notes today: Prior to Barack Obama’s inauguration, there were a grand total of three prosecutions of leakers under the Espionage Act (including the prosecution of Dan Ellsberg by the Nixon DOJ). That’s because the statute is so broad that even the US government has largely refrained from using it. But during the Obama presidency, there are now seven such prosecutions: more than double the number under all prior US presidents combined.
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  • The irony is obvious: the same people who are building a ubiquitous surveillance system to spy on everyone in the world, including their own citizens, are now accusing the person who exposed it of “espionage”. It seems clear that the people who are actually bringing “injury to the United States” are those who are waging war on basic tenets of transparency and secretly constructing a mass and often illegal and unconstitutional surveillance apparatus aimed at American citizens – and those who are lying to the American people and its Congress about what they’re doing – rather than those who are devoted to informing the American people that this is being done.
  • Similarly, journalists who act as mere stenographers for the government who never criticize in more than a superficial fashion are protected and rewarded … but reporters who actually report on government misdeeds are prosecuted and harassed. Further, the biggest terrorism fearmongers themselves actually support terrorism. And see this. In the name of fighting terrorism, the U.S. has been directly supporting Al Qaeda and other terrorists and providing them arms, money and logistical support in Syria, Libya, Mali, Bosnia, Chechnya, Iran, and many other countries … both before and after 9/11. And see this. The American government has long labeled foreigners as terrorists for doing what America does. Moreover, government officials may brand Americans as potential terrorists if they peacefully protest, complain about the taste of their water, or do any number of other normal, all-American things.
  • This is especially hypocritical given that liberals like Noam Chomsky and conservatives like the director of the National Security Agency under Ronald Reagan (Lt. General William Odom) all say that the American government is the world’s largest purveyor of terrorism. As General Odom noted: Because the United States itself has a long record of supporting terrorists and using terrorist tactics, the slogans of today’s war on terrorism merely makes the United States look hypocritical to the rest of the world. These are just a couple of ways in which the D.C. politicians are hypocrites.
Paul Merrell

'Billionaire gave Netanyahus cigars, champagne worth hundreds of thousands' | The Times... - 0 views

  • corruption investigation into Prime Minister Benjamin Netanyahu is reportedly addressing suspicions the premier and his wife illicitly accepted cigars worth hundreds of thousands of shekels and champagne from a Hollywood billionaire.
  • Channel 2 news reported Thursday evening that Netanyahu received the cigars from acclaimed American-Israeli producer Arnon Milchan over the last seven-eight years. His wife, Sara, received bottles of pink champagne worth hundreds of shekels apiece during that period, the TV report said.
  • Netanyahu is known as a connoisseur of fine cigars, and Channel 2 noted rumors the prime minister smokes tens of thousands of shekels’ worth of them each month. Police questioned Netanyahu under caution for a second time Thursday, in a five-hour-long session at his Jerusalem residence that lasted late into the evening, about suspicions he accepted gifts from foreign businessmen. Police announced afterward that they had also interrogated another, unnamed suspect in the case earlier in the week. Some reports said this second suspect was Milchan. Police had interviewed the prime minister on Monday for three hours, during which Netanyahu admitted that he had received gifts from businessmen, but insisted they were entirely legal exchanges, his lawyer said.
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  • Attorney Yaakov Weinroth told Channel 2 news Tuesday that the two businessmen in question were old friends of the prime minister, and the gifts being looked into were “the smallest of trifles.” He alleged that unnamed rivals of the prime minister were lodging false complaints against him, citing as evidence the closing of four other probes into alleged financial improprieties by the prime minister. Sources close to Netanyahu have pointed out that Milchan — whose films include “Fight Club” and “Pretty Woman” — sits on the board of Channel 10, which the prime minister has previously tried to shutter. Channel 10 is also partially owned by US billionaire and World Jewish Congress president Ronald Lauder, who has also been questioned by police in connection with the case. Lauder, whose family founded the Estee Lauder cosmetics giant, has long been seen as an ally of Netanyahu.
  • Netanyahu has also acknowledged receiving money from French tycoon Arnaud Mimran, who was sentenced to eight years in prison in France over a scam involving the trade of carbon emissions permits and taxes on them. The Prime Minister’s Office said Netanyahu received $40,000 in contributions from Mimran in 2001, when he was not in office, as part of a fund for public activities, including appearances abroad to promote Israel. Netanyahu has denied any wrongdoing, saying repeatedly that “there will be nothing because there is nothing.”
Paul Merrell

French Tycoon on Trial for Massive Fraud: I Gave Netanyahu 1 Million Euros for Election... - 0 views

  • PARIS - Arnaud Mimran, the main suspect in the great theft dubbed “the sting operation of the century,” testified on Thursday at a Paris court that he funded expenses of Prime Minister Benjamin Netanyahu in France, as well as directly funding election campaign expenses amounting to one million Euros. Netnahyahu vehemently denied the report. According to the law governing campaign contributions and instructions issued by the state comptroller, a Knesset candidate is entitled to accept donations from any individual totaling no more than 11,480 shekels ($2,970). In elections for leadership of a party or in internal party primaries, in which there are more than 50,000 voters, a candidate can accept individual donations of up to 45,880 shekels ($11,870). Mimran is suspected of stealing at least 282 million euros from the French Finance Ministry through a deception involving the rolling over value-added tax in deals relating to carbon dioxide capping. The focus of the court discussion on Thursday was to determine whether senior figures have succeeded until now in protecting Mimran from being indicted. In this context, Mimran’s close relations with Benjamin Netanyahu came up.
  • A joint investigation by Haaretz and the French website Mediapart, published last month, showed that Mimran financed vacations for Netanyahu and his family in the Alps and on the French Riviera. Mimran also lent Netanyahu his apartment in the 16th arrondissement in Paris,  taking him to a prestigious nightclub during Netanyahu’s  visit to Paris. Arnaud’s name features prominently in the list of foreign donors that was compiled by Netanyahu on the eve of his return to power, as published by journalist Raviv Drucker on Channel 10 News. In addition to these expenses, Mimran has now testified that he signed a cheque for financing an earlier Netanyahu election campaign, in 2001, as far as he remembers.  “I financed him to the tune of about one million euros,” he said. Mimran’s declaration came while he was being questioned on the witness stand about the extent of his expenses. His testimony revealed that most of his assets are not registered in his name. He explained to the judge: “The Rolls Royce is in my wife’s name, the McLaren is in my sister’s name. Only the Ferrari and Maserati are registered in my name.” This playing innocent caused quite a furor in the courtroom.
Paul Merrell

The Rockefeller Family Fund vs. Exxon | by David Kaiser | The New York Review... - 0 views

  • Earlier this year our organization, the Rockefeller Family Fund (RFF), announced that it would divest its holdings in fossil fuel companies. We mean to do this gradually, but in a public statement we singled out ExxonMobil for immediate divestment because of its “morally reprehensible conduct.”1 For over a quarter-century the company tried to deceive policymakers and the public about the realities of climate change, protecting its profits at the cost of immense damage to life on this planet.Our criticism carries a certain historical irony. John D. Rockefeller founded Standard Oil, and ExxonMobil is Standard Oil’s largest direct descendant. In a sense we were turning against the company where most of the Rockefeller family’s wealth was created. (Other members of the Rockefeller family have been trying to get ExxonMobil to change its behavior for over a decade.) Approached by some reporters for comment, an ExxonMobil spokesman replied, “It’s not surprising that they’re divesting from the company since they’re already funding a conspiracy against us.”2What we had funded was an investigative journalism project. With help from other public charities and foundations, including the Rockefeller Brothers Fund (RBF), we paid for a team of independent reporters from Columbia University’s Graduate School of Journalism to try to determine what Exxon and other US oil companies had really known about climate science, and when. Such an investigation seemed promising because Exxon, in particular, has been a leader of the movement to deny the facts of climate change.3 Often working indirectly through front groups, it sponsored many of the scientists and think tanks that have sought to obfuscate the scientific consensus about the changing climate, and it participated in those efforts through its paid advertisements and the statements of its executives.
  • t seemed to us, however, that for business reasons, a company as sophisticated and successful as Exxon would have needed to know the difference between its own propaganda and scientific reality. If it turned out that Exxon and other oil companies had recognized the validity of climate science even while they were funding the climate denial movement, that would, we thought, help the public understand how artificially manufactured and disingenuous the “debate” over climate change has always been. In turn, we hoped this understanding would build support for strong policies addressing the crisis of global warming.Indeed, the Columbia reporters learned that Exxon had understood and accepted the validity of climate science long before embarking on its denial campaign, and in the fall of 2015 they published their discoveries in The Los Angeles Times.4 Around the same time, another team of reporters from the website InsideClimate News began publishing the results of similar research.5 (The RFF has made grants to InsideClimate News, and the RBF has been one of its most significant funders, but we didn’t know they were engaged in this project.) The reporting by these two different groups was complementary, each confirming and adding to the other’s findings.
  • Following publication of these articles, New York Attorney General Eric Schneiderman began investigating whether ExxonMobil had committed fraud by failing to disclose many of the business risks of climate change to its shareholders despite evidence that it understood those risks internally. Massachusetts Attorney General Maura Healey soon followed Schneiderman with her own investigation, as did the AGs of California and the Virgin Islands, and thirteen more state AGs announced that they were considering investigations.Bernie Sanders and Hillary Clinton each called for a federal investigation of ExxonMobil by the Department of Justice. Secretary of State John Kerry compared Exxon’s deceptions to the tobacco industry’s long denial of the danger of smoking, predicting that, if the allegations were true, Exxon might eventually have to pay billions of dollars in damages “in what I would imagine would be one of the largest class-action lawsuits in history.”6 Most recently, in August, the Securities and Exchange Commission began investigating the way ExxonMobil values its assets, given the world’s growing commitment to reducing carbon emissions. An article in The Wall Street Journal observed that this “could have far-reaching consequences for the oil and gas industry.”7
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  • We didn’t expect ExxonMobil to admit that it had been at fault. It is one of the largest companies in the world—indeed, if its revenues are compared to the gross domestic products of nations, it has one of the world’s larger economies, bigger than Austria’s, for example, or Thailand’s8—and it has a reputation for unusual determination in promoting its self-interest.9 One way or another, we expected it to fight back—most likely, we thought, by proxy, through its surrogates in the right-wing press and in Congress.Sure enough, various bloggers have been calling for “the Rockefellers”10 to be prosecuted by the government for “conspiracy” against Exxon under the Racketeer Influenced and Corrupt Organizations (RICO) Act.11 (Such lines of attack are being tested and refined, and we expect they will soon be repeated in journals with broader readership.) And in May, Texas Republican Lamar Smith, the chair of the House Committee on Science, Space, and Technology, sent a letter to the RFF and seven other NGOs (including the RBF, 350.org, Greenpeace, and the Union of Concerned Scientists),12 as well as all seventeen AGs who said they might investigate ExxonMobil. He accused us of engaging in “a coordinated effort to deprive companies, nonprofit organizations, and scientists of their First Amendment rights and ability to fund and conduct scientific research free from intimidation and threats of prosecution,” and demanded that we turn over to him all private correspondence between any of the recipients of his letter relating to any potential climate change investigation. When we all refused, twice, to surrender any such correspondence, Smith subpoenaed Schneiderman, Healey, and all eight NGOs for the same documents.We will answer Smith’s accusations against us presently. In order to explain ourselves, however, we first have to explain what Exxon knew about climate change, and when—and what, despite that knowledge, Exxon did: the morally reprehensible conduct that prompted our actions in the first place.
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    A must-read. Very nice fully referenced rendition on what Exxon-Mobil knew when about climate change and the efforts they made to mislead the public.
Paul Merrell

Koch-funded climate change skeptic reverses course - latimes.com - 0 views

  • The verdict is in: Global warming is occurring and emissions of greenhouse gases caused by human activity are the main cause. This, according to Richard A. Muller, professor of physics at UC Berkeley, MacArthur Fellow and co-founder of the Berkeley Earth Surface Temperature project. Never mind that the United Nations Intergovernmental Panel on Climate Change and hundreds of other climatologists around the world came to such conclusions years ago. The difference now is the source: Muller is a long-standing, colorful critic of prevailing climate science, and the Berkeley project was heavily funded by the Charles Koch Charitable Foundation, which, along with its libertarian petrochemical billionaire founder Charles G. Koch, has a considerable history of backing groups that deny climate change. 
  • In an opinion piece in Saturday’s New York Times titled “The Conversion of a Climate-Change Skeptic,” Muller writes: “Three years ago I identified problems in previous climate studies that, in my mind, threw doubt on the very existence of global warming. Last year, following an intensive research effort involving a dozen scientists, I concluded that global warming was real and that the prior estimates of the rate of warming were correct. I’m now going a step further: Humans are almost entirely the cause.”
  • Muller’s New York Times commentary follows research he did last year that confirmed the work of scientists who found the Earth’s temperature was rising. In the past, Muller had criticized which global temperatures were used in such research, contending that some monitoring stations provided inaccurate data.  Now, Berkeley’s research has weighed in on the causes of the temperature rise, testing arguments climate contrarians have used. “What has caused the gradual but systematic rise of two and a half degrees?” Muller writes. “We tried fitting the shape to simple math functions (exponentials, polynomials), to solar activity and even to rising functions like world population. By far the best match was to the record of atmospheric carbon dioxide, measured from atmospheric samples and air trapped in polar ice.”
Paul Merrell

Fossil fuels subsidised by $10m a minute, says IMF | Environment | The Guardian - 0 views

  • Fossil fuel companies are benefitting from global subsidies of $5.3tn (£3.4tn) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund. The IMF calls the revelation “shocking” and says the figure is an “extremely robust” estimate of the true cost of fossil fuels. The $5.3tn subsidy estimated for 2015 is greater than the total health spending of all the world’s governments. The vast sum is largely due to polluters not paying the costs imposed on governments by the burning of coal, oil and gas. These include the harm caused to local populations by air pollution as well as to people across the globe affected by the floods, droughts and storms being driven by climate change.
  • Nicholas Stern, an eminent climate economist at the London School of Economics, said: “This very important analysis shatters the myth that fossil fuels are cheap by showing just how huge their real costs are. There is no justification for these enormous subsidies for fossil fuels, which distort markets and damages economies, particularly in poorer countries.” Lord Stern said that even the IMF’s vast subsidy figure was a significant underestimate: “A more complete estimate of the costs due to climate change would show the implicit subsidies for fossil fuels are much bigger even than this report suggests.”
  • The IMF, one of the world’s most respected financial institutions, said that ending subsidies for fossil fuels would cut global carbon emissions by 20%. That would be a giant step towards taming global warming, an issue on which the world has made little progress to date. Ending the subsidies would also slash the number of premature deaths from outdoor air pollution by 50% – about 1.6 million lives a year. Furthermore, the IMF said the resources freed by ending fossil fuel subsidies could be an economic “game-changer” for many countries, by driving economic growth and poverty reduction through greater investment in infrastructure, health and education and also by cutting taxes that restrict growth.
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