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| Shortly after President-elect Barack Obama set an ambition of doubling the nation's renewable energy in several years, the jockeying over the energy portions of his administration's stimulus plan began.At the speech at George Mason University on Thursday, Obama repeated his intention to market the development of clean-technologies such as solar and wind energy, and also to upgrade the electricity distribution system make it possible for smart-grid technologies. Obama said: "To finally spark the roll-out of a clean-energy economy, we're going to double the production of renewable energy in the next three years. We'll modernize more than 75 percent of federal buildings and help the energy efficiency of 2 million American homes, saving consumers and taxpayers billions (of dollars) on our energy bills. Along the way, we will put Americans to function in new jobs that pay well and should not be outsourced--jobs building solar panels and wind generators; constructing fuel-efficient cars and buildings; and developing the newest energy technologies that may lead to even more jobs, more savings, along with a cleaner, safer planet from the bargain." In response to a query from The Wall Street Journal, an Obama transition aide said doubling renewable-energy production in america is possible through a mix of loan guarantees and, ultimately, a national renewable portfolio standard (RPS). There are a number of state-level RPS policies mandating that utilities obtain a certain percentage of their electricity from renewable technologies; the targets in California have set off a race to build up solar-power plants there. Throughout the campaign, Obama had advocated a national RPS at 10 % by 2012 and 25 % renewable energy by 2025.Renewable energy from wind, solar, and geothermal is around 24,000 megawatts, in accordance with the aide, which represents about One percent of all power generation in the united states."By providing significant loan guarantees and consequently, later down the road, a national (renewable portfolio standard), we have been confident we will obtain the wind industry back in line. In addition to the 20,000+ megawatts of wind, we are confident that with the same combination of support and renewable standards, the geothermal and solar industries can install 4,000MW of recent power," the aide told the Journal.After his talk, folks Obama's economic team met with people in Congress, who voiced their concerns with all the plan. "Energy is way underrepresented here in the package that has been discussed," said Sen. Kent Conrad, as outlined by a report at Energy and Environment Daily (subscription required). That sentiment was echoed by Sen. John Kerry: "I'm very certain that some adjustments will be made...We positively--absolutely during my judgment--need to spend more on energy, and i also made that point and will continue to make that point."The entire stimulus plan help with is structured to ensure that 40 percent of the money originates from direct tax cuts, 40 % from direct investments in initiatives for example efficiency, and Twenty percent directed at states, according to reports. Overall, renewable-energy publication rack optimistic on the possibility of policy changes under Obama. In response to Thursday's speech, the American Council on Renewable Energy said it is issuing a call to action for the 600 members to issue intends on how to double alternative energy output in the next 36 months.The auto sector is also angling to secure loan guarantees and incentives to create electric-car manufacturing in the United States, according to a report earlier this week inside the Detroit News.Advocates of underground storage of carbon at coal-fired power plants are also hoping to restart investment in the Department of Energy-sponsored FutureGen project.By Martin LaMonica ultra short uggs
The Florida Supreme Court on Thursday rejected a $145 billion punitive damage award against tobacco companies for injuring smokers, saying it had been excessive. It was the most important award ever by a united states jury.The justices also approved an appellate court ruling that it had been a mistake to certify a class-action lawsuit representing approximately 300,000 to 700,000 ill Floridians that resulted in the jury award in 2000.A lot of the state's high court, however, reinstated a $2.85 million damage award to Mary Farnan as well as a $4.023 million award to Angie Della Vecchia, who started smoking as an 11-year-old and died in 1999."This is a big win for big tobacco and it's really a real defeat for the public interest and the public health," UC-San Francisco professor Stanton Glantz told CBS Radio News.A $5.8 million award to Frank Amodeo — who, like Farnan and Della Vecchia, was cancer-stricken and blamed that on his smoking — was not restored in Thursday's ruling since it fell outside the time limit."We unanimously conclude how the punitive damages award is excessive as a matter of law," the court wrote in its 79-page opinion.Meanwhile, tobacco stocks jumped using the news, turning sharply higher on Wall Street, CBS Radio News correspondent Dan Raviv reports. Shares of Altria Group Inc., parent of Philip Morris USA, the largest U.S. cigarette maker, rose nearly 6 percent to $77.51 in morning trading about the New York Stock Exchange.The suit, led by pediatrician Dr. Howard Engle, was filed in Miami by the husband-and-wife legal team of Stanley and Susan Rosenblatt. They accused the of misleading people in regards to the dangers of smoking.The Rosenblatts declined immediate comment Thursday, saying they wished to digest the ruling. Amodeo's wife, Margaret, told The Associated Press that her husband had not spoken with an attorney regarding the ruling and therefore was lacking any immediate reaction.In 2000, the jury that decided the punitive damages said tobacco maker Philip Morris should pay nearly $74 billion in punitive damages, R.J.R. Reynolds tobacco a lot more than $36 billion, Brown and Williamson tobacco more than $17.5 billion, Lorillard tobacco $16.25 billion, along with the Liggett Group $790 million.Originally filed in 1994 for all addicted smokers in the United States, the 3rd District Court of Appeal permitted an effort only after reducing the class to Florida smokers.Following the trial, however, the same appellate court threw the verdict, saying true failed to meet law for a class action.The appellate court also disallowed punitive damages as the state already had bought a settlement for Medicaid expenses through the tobacco industry. That agreement pumps about $360 million annually into state coffers but gives nothing to individual smokers.Tobacco industry lawyers argued that every smoker is affected differently and should have to file a different lawsuit.The Rosenblatts, during oral arguments prior to Supreme Court in November 2004, said those differences might be resolved without disturbing the class-action verdict. I was told that short proceedings to determine medical costs as well as other compensatory damages needs to be held instead of retrying common issues, including punitive damages, many, many times.Only six from the seven justices heard the truth. Justice Raoul Cantero did not participate. mulberry style bag
The Florida Supreme Court on Thursday rejected a $145 billion punitive damage award against tobacco companies for injuring smokers, saying it was excessive. It was the most important award ever by as a famous jury.The justices also approved an appellate court ruling which it had been a mistake to certify a class-action lawsuit representing nearly 300,000 to 700,000 ill Floridians that led to the jury award in 2000.A lot of the state's high court, however, reinstated a $2.85 million damage award to Mary Farnan as well as a $4.023 million award to Angie Della Vecchia, who started smoking as a possible 11-year-old and died in 1999."This is a huge win for big tobacco and it is a real defeat for your public interest as well as the public health," UC-San Francisco professor Stanton Glantz told CBS Radio News.A $5.8 million award to Frank Amodeo — who, like Farnan and Della Vecchia, was cancer-stricken and blamed that on his smoking habit — was not restored in Thursday's ruling as it fell outside the time limit."We unanimously conclude the punitive damages award is excessive goods law," a legal court wrote in its 79-page opinion.Meanwhile, tobacco stocks jumped together with the news, turning sharply higher on Wall Street, CBS Radio News correspondent Dan Raviv reports. Shares of Altria Group Inc., parent of Philip Morris USA, the biggest U.S. cigarette maker, rose nearly 6 % to $77.51 in morning trading around the New York Stock Exchange.The suit, led by pediatrician Dr. Howard Engle, was filed in Miami by the husband-and-wife legal team of Stanley and Susan Rosenblatt. They accused a of misleading people concerning the dangers of smoking.The Rosenblatts declined immediate comment Thursday, saying they wanted to digest the ruling. Amodeo's wife, Margaret, told The Associated Press that her husband we had not spoken with an attorney about the ruling and therefore didn't have any immediate reaction.In 2000, the jury that decided the punitive damages said tobacco maker Philip Morris should pay nearly $74 billion in punitive damages, R.J.R. Reynolds tobacco more than $36 billion, Brown and Williamson tobacco a lot more than $17.5 billion, Lorillard tobacco $16.25 billion, and also the Liggett Group $790 million.Originally filed in 1994 on behalf of all addicted smokers in the us, the 3rd District Court of Appeal permitted an endeavor only after reducing the class to Florida smokers.Following the trial, however, precisely the same appellate court threw the verdict, saying the situation failed to meet law for a class action.The appellate court also disallowed punitive damages as the state already had got such a settlement for Medicaid expenses from the tobacco industry. That agreement pumps about $360 million per year into state coffers but gives not even attempt to individual smokers.Tobacco industry lawyers argued that every smoker is affected differently and may have to file a different lawsuit.The Rosenblatts, during oral arguments before the Supreme Court in November 2004, said those differences could possibly be resolved without disturbing the class-action verdict. I was told that short proceedings to find out medical costs along with other compensatory damages ought to be held instead of retrying common issues, including punitive damages, many, many times.Only six with the seven justices heard the situation. Justice Raoul Cantero did not participate. mulberry sale outlet
"It's obscene to me and it's absolutely without a doubt true that people died in facilities for that corruption," says Esther Houser, a long-term-care ombudsman. "The residents were permitted to live in inhumane conditions in a few homes and that was obviously a result of Mr. VanMeter's philosophy on the system." best price uggs
William F. Buckley Jr., the erudite Ivy Leaguer and conservative herald who showered huge and scornful words on liberalism while he observed, abetted and cheered about the right's post-World War II rise through the fringes to the White House, died Wednesday. He was 82.His assistant Linda Bridges said Buckley was found dead by his cook at his home in Stamford, Conn. The reason for death was unknown, but he'd been ill with emphysema, she said.Editor, columnist, novelist, debater, TV talk show star of "Firing Line," harpsichordist, trans-oceanic sailor as well as a good-natured loser in a Ny mayor's race, Buckley worked in a daunting pace, taking as low as 20 minutes to write a column for his magazine, the nation's Review. Photos: William F. Buckley Blog: Goodnight, Mr. Buckley Yet about the platform he was all handsome, reptilian languor, flexing his imposing vocabulary positively slowly, accenting each point with an arched brow or rolling tongue and savoring an opponent's discomfort with wide-eyed glee."I am, I fully grant, a phenomenon, but not because of any speed in composition," he wrote in The New York Times Review in 1986. "I asked myself yesterday, `Who else, on a lot of issues, has been so right most of the time?' I could not think of anyone.""Bill Buckley was one of many smartest people That i have ever dealt with," said CBS Evening News chief Washington correspondent and Face the country host Bob Schieffer. "Once, after i was a young reporter, I challenged something he previously said during a Fred Friendly seminar. Once i realized what I'd done, I used to be terrified. It suddenly dawned on me i was in an argument and among the best debaters in the world. But he kindly allow me to off the hook." "He was a genuinely nice man," Schieffer added. "And the most interesting intellects of our time." Buckley had for decades been withdrawing from public life, from 1990 when he stepped down as top editor from the National Review. In December 1999, he shut down "Firing Line" after a 23-year run, when guests ranged from Richard Nixon to Allen Ginsberg. "You've have got to end sometime and I'd just as soon not die onstage," he told the crowd."I've always said that should you begin your TV life arguing with Bill Buckley, there is little ever seem intimidating," said CBS News Senior Political Correspondent Jeff Greenfield, who appeared on "Firing Line." "But at night fearsome intellect and intimidating demeanor lived a genial, convivial men, who loved spirited debate, and who loved life as well-food, wine, travel, books, cigars, music; his friendships with others of varied political and social views testifies to his embrace that transcended ideology," he explained. "For people of my generation, Bill Buckley was pretty much the first intelligent, witty, well-educated conservative one saw on television," fellow conservative William Kristol, editor with the Weekly Standard, said at the time the show ended. "He legitimized conservatism as an intellectual movement and for that reason as a political movement."Fifty years earlier, few may have imagined such a triumph. Conservatives have been marginalized by a generation of discredited stands - from opposing Franklin Roosevelt's New Deal to the isolationism which preceded the U.S. entry into The second world war. Liberals so dominated intellectual belief that the critic Lionel Trilling claimed there was "no conservative or reactionary ideas generally circulation.""Buckley was the intellectual father in the modern conservative movement," CBSNews.com Senior Political Editor Vaughn Ververs said. "And his prodigious are employed in his magazine, books and so on television presaged the rise of political leaders like Goldwater and Ronald Reagan."Buckley founded the biweekly magazine National Review in 1955, insisting that he proposed to be "athwart history, yelling `Stop' at the same time when no one is inclined to do this, or to have much patience with people who urge it." Not simply did he help revive conservative ideology, especially unbending anti-Communism and free market economics, his persona would be a dynamic break from such dour right-wing predecessors as Sen. Robert Taft."When he founded 'National Review,' conservatism seemed a spent force; it was the province of desiccated old fogies, or of holders of antiquarian, sometimes decided unappetizing, views about minorities," said Greenfield. "Buckley made conservatism intellectual respectable-reaching to an older tradition while encouraging new, young voices-and made it 'cool' as well. Over the years, men and women who cut their teeth on 'National Review' became foot soldiers and generals from the conservative movement that conquered the Republican Party in 1964 and later on became the governing philosophy in Washington." no previous page next 1/2 short ugg boots uk
NEW YORK (MarketWatch) -- The roller-coaster ride in equity markets continued Friday as the major indexes bounced between bad and the good territory, with industrials fronting losses and also the energy sector fronting gains."Investors are seeking bargains, but selectively devoted to those sectors or groups that could be better prepared to weather the loan crisis and subsequent economic slowdown," said Frederick Ruffy, options strategist, WhatsTrading.com.Stocks had begun the session sharply lower following the U.S. reported new-home building fell into a 17-year low and President Bush discussed efforts to rescue the embattled economic system in the face of global recession."Volatility should remain the primary feature of Friday trade, whipsawing both bond and stock traders," said analysts at Action Economics.After lapsing 200 points at first, The Dow Jones Industrial Average was recently down 80.29 points at 8,898.97.Twenty-three with the blue-chip index components posted losses, led by Citigroup Inc. , off 5.4%.Gains were led by Merck & Co. Inc. , up 4%.Losses for the blue-chip index were fronted by Citigroup Inc. , off 5%.The S&P 500 fell 5.64 suggests 940.79, while the Nasdaq Composite declined 5.4 suggests 1,712.31.Energy, health care and consumer staples fronted gains, while industrials and consumer discretionary shares were the hard-hit one of many S&P's 10 industry groups.Oil futures gained, recently up $1.69 at $71.54 a barrel. .Volume around the New York Stock Exchange topped 697 million, and decliners ran just past advancers. For the Nasdaq, 529 million shares traded, and decliners edged in front of advancers 3 to 2.Negative bentU.S. consumer sentiment fell in October, with the University of Michigan/Reuters index falling to 57.5 from a reading of 70.3 in late September, according to reports. Prior to the open, stock futures had extended declines since the Commerce Department estimated housing starts declined 6.3% in September, sinking for their lowest annual rate since January 1991. .A step of consumer sentiment for October was similarly glum.In spite of the negative reaction by equities, Tony Crescenzi, bond market strategist at Miller Tabak & Co., found reason for optimism in the housing data."What is sorely necessary for the housing market is really a decrease in supply, no increase. The downward trend in completions is great news in terms of the eventual liquidation from the excess housing supply," said Crescenzi.Some other take came from Kevin Giddis, managing director at Morgan Keegan & Co. Inc."The drop in housing is not an economic surprise, but when you combine the dpi, and the depth of the decline, along with the other economic indicators, you need to be concerned," said Giddis.Investors also weighed the newest comments on the financial crisis offered by Bush, who said hello would "take a while" for your credit crunch to ease. Bush also declared the economy would eventually recover in remarks prior to U.S. Chamber of Commerce. .Futures had trimmed losses following a further decline in Libor, an integral short-term borrowing rate, raising hopes that massive bank bailouts by European and U.S. governments will thaw frozen credit markets.U.S. stocks closed Thursday with big gains, rallying in to the close as bargain hunters stepped in following initial losses on data releases showing drops in factory output. The Dow Jones Industrial Average climbed 401 points, the Nasdaq Composite rose 89 points, along with the S&P 500 added 38 points.The automotive sector was within the news and on investors' radar screens. Embattled Automobile Corp. and Chrysler LLC are buying the pace on merger talks, pushed by banks and other lenders eager to see a deal, The Wall Street Journal reported.Honeywell International Inc. said Friday it anticipates fourth-quater earnings within the range of 97 cents to $1.01 a share, with analysts polled by FactSet Research searching for, on average, earnings of $1.04 a share.Sony ericsson smartphone Mobile Communications on Friday reported a smaller-than-expected third-quarter loss, together with the phone-making joint venture of Japan's Sony Corp. and Sweden's Ericsson AB affirming its restructuring want to be on track. By Kate Gibson www.mulberry.co.uk
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