Saturday, July 27, 2013

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Tuesday, November 30, 2010

URGENT REPLY.



Dear friend,

I know that this letter may come to you as a surprise, I got your contact address from the computerized search. My name is Mr Bello Adama. I am the Bill and Exchange (assistant) Manager of Bank of Africa Ouagadougou, Burkina Faso.

In my department I discovered an abandoned sum of twelve million five hundred thousand United State of American dollars (12.5 MILLION USA DOLLARS) in an account that belongs to one of our foreign customer Mr Kurt Kuhle from Alexandra Egypt who died along with his family in Siber airline that crashed into sea at Isreal on 4th October 2001.

Since I got information about his death I have been expecting his next of kin to come over and claim his money because we can not release it unless somebody applies for it as the next of kin or relation to the deceased as indicated in our banking guidelines, but unfortunately we learnt that all his supposed next of kin or relation died alongside with him in the plane crash leaving nobody behind for the claim.

It is therefore upon this discovery that I decided to make this business proposal to you and release the money to you as next of kin or relation to the deceased for safety and subsequent disbursement since nobody is coming for it and I don't want the money to go into the bank treasury as unclaimed bill.

Am contacting you because our deceased customer is a foreigner and a Burkinabe can not stand as a next of kin to a foreign customer. The banking guidelines stipulate that the fund should be transferred into the bank treasury after 9 years if nobody is coming for the claim.

I have agreed that 33% of this money will be for you as foreign partner in respect to the provision of your account for the transfer, 2% will be set aside for expenses that might occurred during the business and 65% would be for me, after which I shall visit your country for disbursement according to the percentages indicated.

Please I would like you to keep this transaction confidential and as a top secret as you may wish to know that I am a bank official.

Yours sincerely,
Mr Bello Adama.

 

Friday, November 28, 2008

Will Obama be pragmatic in energy policy?

President-elect Barack Obama is proving to be remarkably pragmatic and centrist as he tackles the global economic crisis. Big tests are yet to come on energy, however.

Will Obama tilt toward fossil-phobic environmentalists who heavily influence the Democratic Party, or do-it-all pragmatists like his apparent choice for White House national security adviser, retired Marine Corps Gen. James Jones?

Jones' present job is chief executive officer of the U.S. Chamber of Commerce's Institute for 21st Century Energy, which contends that offshore oil drilling, clean coal technology and nuclear power have to be part of America's energy policy.

On Oct. 20, Jones made it clear at a panel discussion I was part of that he regards energy policy as "an international security issue of the highest order," which suggests that he will make it part of his portfolio at the National Security Council.

He released a step-by-step "transition plan" for energy that included "aggressively" promoting energy efficiency and alternative fuel research, but also domestic oil and gas exploration and elimination of restrictions against nuclear power plants, new electric grids, and oil and gas pipelines.

Such ideas are anathema to many Democratic "greens" – including leaders in Congress – who want to close down the carbon economy and base the country's energy future strictly on renewables such as wind, solar and geothermal power, plus conservation.

In particular, Jones has aroused the ire of Senate Majority Leader Harry Reid, D-Nev., for backing disposal of the nation's nuclear waste at Yucca Mountain in Nevada.

The power of the greens was also demonstrated by the toppling of Rep. John Dingell, D-Mich., the auto industry's longtime protector, as chairman of the House Energy and Commerce Committee.

His replacement, Rep. Henry Waxman, D-Calif., is a "green," and his coup was backed by Speaker Nancy Pelosi, D-Calif.

After behaving like a leftish liberal for much of his political career – and becoming the darling of the left during the presidential campaign – Obama so far is fulfilling his self-assessment that he's a pragmatist, willing to try "whatever works."

His economic appointments – Timothy Geithner as Treasury secretary, Lawrence Summers in the White House, Christina Romer at the Council of Economic Advisers and Peter Orszag at the Office of Management and Budget – have sent reassuring signals to terrified financial markets. And his heavily leaked selections for foreign policy posts – Sen. Hillary Clinton as secretary of State, Jones at the NSC and possibly current Defense Secretary Robert Gates – definitely lean toward the "realist" or "national interest" school of foreign policy, not the "liberal internationalist."

On policy, moreover, Obama has shown reassuring resilience, utterly abandoning his previous intention to follow the Franklin D. Roosevelt model of crisis governing.

FDR famously refused to involve himself in policymaking to deal with the Great Depression from November 1932 until his inauguration in March 1933 and refused to have any contact with outgoing President Herbert Hoover's administration.

At his initial press conference as president-elect on Nov. 7, Obama repeated the mantra that "the country has only one president at a time." Crashing financial markets and the impending "Great Recession" – or worse – changed his attitude.

A good case can be made that George W. Bush will go down in history as another Herbert Hoover, but if Obama means to be FDR, at least he's starting early.

The case for Bush as Hoover is this: Bush's carelessness about deficit spending and doubling of the national debt created a nationwide atmosphere of fiscal irresponsibility, leading to over-leveraging (that is, massive debt accumulation) by investment banks, homeowners and consumers.

Bush maintained a hands-off attitude as the housing bubble expanded to the bursting point, as banks invested in impossible-to-understand mortgage-backed securities, and rating agencies slapped triple-A ratings on all of them. Bush and Treasury Secretary Henry Paulson have been un-Hoover-like in expanding government power to rescue the financial industry – Wall Street – but have been reluctant to adopt similarly aggressive policies to deal with the "Main Street" effects, including unemployment and home foreclosures.

For unexplained reasons, the Bush administration also has refused to adopt solutions backed by Sen. John McCain during his presidential campaign – revising the "mark to market" accounting rule and limiting "short-selling" by speculators, both of which are depressing bank stocks.

If Bush won't do anything about those policies, Obama should, along with passing a huge new stimulus package including infrastructure spending and middle-class tax cuts.

As a pragmatist, Obama is signaling that he won't raise taxes on rich people immediately – though he wants to for "fairness" reasons – but he should just declare that policy to spur investment.

And when it comes to infrastructure, Obama should encourage private investment as well as public. Besides roads and bridges, he should encourage wind farms, solar panels – and nuclear plants and offshore oil rigs.

The basis of Jones' case is that the United States will be heavily dependent upon fossil fuels for the next 20 years, until not-yet-mature alternative sources and conservation methods are developed.

The pragmatic thing for Obama to do is "do what works" in energy as well as the economy.

Morton Kondracke is executive editor of Roll Call, the newspaper of Capitol Hill.

Clean Energy Can Fuel Economic Revival, Green Groups Tell Obama

President-elect Barack Obama can revive the U.S. economy - and aggressively combat climate change - by investing in clean energy technologies and strengthening environmental protections, the leaders of major U.S. environmental groups advise.

The recommendation is a central part of a lengthy wish list of policies sent to Obama's transition team Tuesday by a broad coalition of 29 of the nation's leading environmental and conservation organizations, who also urged the president-elect to swiftly reverse "eight years of environmental neglect" under the Bush administration.

"Our economy is suffering and so is our environment," Larry Schweiger, head of the National Wildlife Federation told reporters on a conference call. "The solutions to both go hand in hand."

The groups contend that difficult economic times provide opportunities, rather than obstacles, to tackling the daunting issues of climate change, clean energy and environmental protection.

Oak Ridge National Lab engineer Jeff Christian directs the design and construction of highly energy-efficient houses for low-income families. (Photo courtesy ORNL)

"Generating green collar jobs, making our offices and homes more efficient, rebuilding our water infrastructure, reducing our dependence on oil, reviving our ailing landscapes - these are solutions that can lead directly to economic prosperity, greater social equity and even enhanced national security," the coalition said in the 391-page report.

The solution to the nation's economic problems "is a new green economy," said Gene Karpinski, president of the League of Conservation Voters. "Delay is not just bad for the planet, it is bad for the economy."

That message echoes some of Obama's own rhetoric on energy and climate change - last week he pledged support for a federal carbon cap-and-trade system, that would mandate cutting greenhouse gas emissions to 1990 levels by 2020 and a further 80 percent by 2050.

Obama also outlined support for a $15 billion annual investment to support renewable energy and build a clean energy future, predicting the efforts would produce some five million new green jobs.

Those goals are in line with what environmentalists have long supported - a key reason the environmental groups are confident their agenda will now have a powerful advocate in the White House.

Workers install the first Mariah Windspire vertical axis wind turbine in the Midwest at the The College School, an elementary school in St. Louis, Missouri. October 2008. (Photo by Matthew Diller)

Obama has made it clear that his priorities "jive nicely" with the major concerns of the environmental community, said Maggie Alt, executive director of Environment America.

The environmental groups' planning document contains broad goals as well as specific recommendations for the White House and federal agencies, such as the Environmental Protection Agency and Interior Department, as well as the U.S. Departments of Agriculture and Energy

"It covers a wide range of issues that merit prompt presidential attention, but it underscores the urgent need to build a green energy economy to tackle global warming," the groups wrote. "Most importantly, the document reflects a fundamental consensus that serious action is needed right now in order to usher in a healthier, cleaner, more prosperous and more sustainable era for America."

Along with the climate and energy recommendations, the groups call for a slew of policies to safeguard the Arctic, as well as steps to increase protection for wetlands, national parks, wildlife refuges and other public lands.

The report recommends increased funding for conservation programs, stricter oversight of energy production from public lands and tighter air pollution standards.

The groups want Obama to reinstate a federal moratorium on offshore oil and gas drilling along with a Clinton administration rule protecting roadless areas in national forests. They also want Obama to restore protections for endangered species weakened by the Bush administration.

The Sacramento Municipal Utility District solar-powered hydrogen vehicle fueling station opened April 1, 2008. As solar panels make electricity, it powers the separation of water into hydrogen and oxygen to make fuel for hydrogen-powered vehicles. (Photo by Keith Wipke courtesy NREL)

"There is lot of work to do to reverse the damage of the last eight years," Alt said.

In addition, the Obama administration should act quickly to reverse any last minute Bush rules that weaken environmental protections, Karpinski added.

"On day one they should place a moratorium on finalizing midnight regulations and reviewing those that have not yet taken effect," he said.

The environmentalists contend the widely anticipated economic stimulus package provides a critical opportunity for Obama to quickly signal his intention to follow through on his promises to solve the "entwined economic, climate and environmental crises."

Obama should lead the effort with bold measures to promote energy efficiency and spark increased development and use of renewable energy through modernization of the nation's electrical grid, the groups said.

"There's economic opportunity if we do this right," said Kevin Knobloch, president of the Union of Concerned Scientists.

The current electricity transmission grid is "a patchwork of antiquated technology" that loses 20-25 percent of electricity generated by coal-fired power plants, he explained.

Upgrading the grid can create jobs and unleash the potential of renewable energy, said Schweiger.

"This can get the system moving in terms of new energy … and allows us to invest in solar in the Southwest, wind in the Midwest and elsewhere and move that energy to places where it is needed," he told reporters. "Currently we do not have an infrastructure for that."

The following groups collaborated to produce the recommendations - American Rivers, Center For International Environmental Law, Clean Water Action, Defenders of Wildlife, Earthjustice, Environment America, Environmental Defense Fund, Friends Of The Earth, Greenpeace, Izaak Walton League, League Of Conservation Voters, National Audubon Society, National Parks Conservation Association, National Tribal Environmental Council, National Wildlife Federation, Native American Rights Fund, Natural Resources Defense Council, Oceana, Ocean Conservancy, Pew Environment Group, Physicians For Social Responsibility, Population Connection, Population Action International, Rails-To-Trails Conservancy, Sierra Club, The Wilderness Society, The Trust For Public Land, Union Of Concerned Scientists, and World Wildlife Fund.

Tuesday, November 25, 2008

Dead heat: This cemetery's otherworldly energy is solar

Maybe they're trying to bring the dead back to life.

A Spanish town alarmed about climate change has installed solar panels on its mausoleums, turning "a place of perpetual rest into one buzzing with renewable energy," the Associated Press reports with mirth.

The 462 panels are mounted on graves in the blue-collar town of Santa Coloma de Gramenet outside of Barcelona. The panels started absorbing energy from the sun to power the local grid last Wednesday, three years after the project began, according to the AP.

While this isn't the town's first green-energy project, or even the first time a Spanish cemetery has gone solar (Santa Coloma de Gramenet also has solar parks on the roofs of buildings, as do cemeteries elsewhere in Spain), it is believed to be the first time the panels have been put up over graves, the newswire says.

Santa Coloma de Gramenet took its unorthodox approach because its population of 124,000 people lives in a dense one-and-a-half square miles (3.9 square kilometers). There was little unused, flat and sunny land to install the panels, which will make enough energy to power 60 homes a year and eliminate 62 tons of carbon dioxide in the atmosphere.

"The best tribute we can pay to our ancestors, whatever your religion may be, is to generate clean energy for new generations," Esteve Serret, director of Conste-Live Energy, which runs the cemetery, told the AP.

Spain is the world's hottest solar market, with generous subsidies for manufacturers, plentiful sunshine and heavy demand from residents for energy-sucking air conditioning. Feed-in tariffs there guarantee 25 years of up to triple the market price for solar energy, and legislation would require all new buildings to include solar technology.