Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

European Salon de News, Discussion et Klatsch - 11 September

by Nomad Mon Sep 10th, 2012 at 07:28:45 PM EST

 A Daily Review Of International Online Media 


Europe on this date in history:

1683 - start of the Battle of Vienna, which lifted the city from the siege by the armies of the Ottoman Empire

More here and here

 The European Salon is a daily selection of news items to which you are invited to contribute. Post links to news stories that interest you, or just your comments. Come in and join us!


The Salon has different rooms or sections for your enjoyment. If you would like to join the discussion, then to add a link or comment to a topic or section, please click on "Reply to this" in one of the following sections:

  • EUROPE - is the place for anything to do with Europe.
  • ECONOMY & FINANCE - is where you find what is going on in finance and the economy.
  • WORLD - here you can add links and comments on topics concerning world affairs.
  • LIVING OFF THE PLANET - is about the environment, energy, agriculture, food...
  • LIVING ON THE PLANET - is about humanity, society, culture, history, information...
  • PEOPLE AND KLATSCH - this is the place for stories about people and of course also for gossipy items. But it's also there for open discussion at any time.
Display:
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 03:08:04 PM EST
West ends supervised independence of Kosovo - Kosovo - FRANCE 24

Western powers which have overseen Kosovo since its 2008 unilateral declaration of independence from Serbia have ended their supervision over the territory, a top official said Monday.

The Kosovar leadership welcomed what it called a "historic turnaround" but also recognised the challenge of trying to integrate the ethnic Serbs in the north while Serbia dismissed the announcement as meaningless.

"The supervision of Kosovo is finished," Dutch diplomat Pieter Feith, the highest international representative in Kosovo, told a press conference, speaking in Albanian.

"The International Steering Group has decided to end the period of (Kosovo's) supervised independence," Feith said.

Prime Minister Hashim Thaci called the decision a "historic turnaround" for Kosovo.

"This is an international success for Kosovo which confirms that the international community respects Kosovo," he said at the joint press conference with Feith.

The International Steering Group (ISG), made up of 23 European Union members, Turkey and the United States, had overseen Kosovo for the last four years.

In July the ISG said the end of supervision would mean Kosovo would gain "full sovereignty". However, on the ground Pristina has no effective control over Serb-majority northern Kosovo which rejects the ethnic Albanian authorities.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:16:05 PM EST
[ Parent ]
Kosovo's independence does not end its problems | Europe | DW.DE | 09.09.2012

Kosovo officially gained all the rights of sovereignty on Monday, marking the end of monitored controls by the international community. Problems and uncertainty linger, however - especially in the North.

Dutchman Pieter Feith's office is now closing. Having been responsible for monitoring the independence of Kosovo over the last four and a half years, his main task of implementing the Kosovo Status Plan of UN special envoy Martti Ahtisaari is essentially completed.

The Status Plan of 2008 gave Kosovo the right to its own constitution, its own flag and a national anthem. The country was also allowed to set up its own "multiethnic and professional" army, institute border controls, and form an intelligence service and a police force. In addition, Kosovo was granted the right to negotiate and sign international agreements and "pursue membership in international organizations." The rights of the Serbian minority were to be ensured, and Albanian and Serbian were to be the official languages.

Feith's office, which was given the right to veto Kosovo laws, was more powerful than any other institution in the newly independent state. The Dutchman could block any law or proposal that did not meet the conditions of the Ahtisaari plan. Early this July, Feith certified that Kosovo had become a "modern, multi-ethnic" democracy. The conditions for terminating the monitoring mission had been fulfilled, said the International Steering Committee for Kosovo in Vienna, whose members include most European Union countries, the United States and Turkey.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:16:47 PM EST
[ Parent ]
France's Hollande outlines sweeping new taxes - Europe - Al Jazeera English

France's Socialist President Francois Hollande pledged 30 billion euros in new taxes and savings to balance the budget and fund a turnaround in two years, and rejected criticism of dragging his feet.

The pledge, made to the nation in a prime time television interview, comes four months into his presidency as tumbling ratings and talk of inertia have forced him to become more proactive on the economy.

"I am in a battle and will not look back," he said. "I am setting up a calendar ... two years to create a policy for work and competitiveness. I am accelerating," he said.

Hollande's remarks were clearly aimed at turning around perceptions that he is not moving fast enough.

"I know where I am going. I will assume all the responsibility and I will talk regularly to the French people," he said.

He also said a 75 per cent wealth tax on incomes more than one million euros ($1.28 million) would not be diluted.

Hollande, whose immediate challenge will be to find $38.40bn in savings in the 2013 budget, said the government would lower its growth forecast to 0.8 per cent from 1.2 per cent for next year.

Hollande - who has famously said he does not "like the rich" - said $10bn would come from additional taxes on households "especially the well-heeled", 10 billion more from businesses and 10 billion from savings in government spending. It would be the biggest hike in three decades.

The budget is expected to be the most austere in 30 years as France tries to hit a deficit target of 3 per cent of gross domestic product next year, or risk losing investors' trust.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:22:33 PM EST
[ Parent ]
Gah - at this time balancing the budget is a distraction. Better to do it by tax rises than service cuts, but much better not to do it at this moment at all.
by Metatone (metatone [a|t] gmail (dot) com) on Tue Sep 11th, 2012 at 04:28:56 AM EST
[ Parent ]
"I know where I am going. I will assume all the responsibility and I will talk regularly to the French people," he said.

This will be a first for any modern day politician ... if he pulls it off.

They tried to assimilate me. They failed.

by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:20:58 AM EST
[ Parent ]
DutchNews.nl - Election: campaign nears climax, parties emphasise divisions

With just two days to go before the Netherlands elects a new 150-seat lower house of parliament, and polls suggesting a two-way race for the prime minister's job, party leaders are again out in force to get their message across.

Opinion polls show the right-wing VVD and Labour party PvdA are now neck and neck and pundits suggest a centre 'purple' coalition may be inevitable, leading both party leaders to emphasise the wide gap between their policies

VVD leader and prime minister Mark Rutte said in an interview with website nu.nl single mothers on welfare benefits are exactly the sort of people who should be voting for his party.

Far too many people are told by social services that they will never get a job, Rutte said. `Don't let them tell you what to do. A job gives you independence, social contact and you develop your talents, the VVD leader said.

`Election debates are about 1% more or less in welfare benefits. But have a much better income if you get a job,' Rutte said. `That is why single mums on welfare should vote VVD.'

Divisions

Labour leader Diederik Samsom himself told a campaign meeting in Drachten on Sunday evening that two years of `rotten right-wing policies' had increased divisions in Dutch society.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:24:52 PM EST
[ Parent ]
Exclusive: U.S. groups helped fund Dutch anti-Islam politician Wilders | Reuters

Anti-Islam groups in America have provided financial support to Dutch politician Geert Wilders, an anti-immigration campaigner who is seeking re-election to the Dutch parliament this week.

While this is not illegal in the Netherlands, it sheds light on the international connections of Wilders, whose Freedom Party is the least transparent Dutch parliamentary group and a rallying point for Europe's far right.

Wilders' party is self-funded, unlike other Dutch parties that are subsidized by the government. It does not, therefore, have to meet the same disclosure requirements.

Groups in America seeking to counter Islamic influence in the West say they funded police protection and paid legal costs for Wilders whose party is polling in fourth place before the Sept 12 election.

Wilders' ideas - calling for a total halt to non-Western immigration and bans on Muslim headscarfs and the construction of mosques - have struck a chord in mainstream politics beyond the Netherlands. France banned clothing that covers the face in April 2011 and Belgium followed suit in July of the same year. Switzerland barred the construction of new minarets following a referendum in 2009.

The Middle East Forum, a pro-Israeli think tank based in Philadelphia, funded Wilders' legal defense in 2010 and 2011 against Dutch charges of inciting racial hatred, its director Daniel Pipes said. The Middle East Forum has a stated goal, according to its website, of protecting the "freedom of public speech of anti-Islamist authors, promoting American interests in the Middle East and protecting the constitutional order from Middle Eastern threats". It sent money directly to Wilders' lawyer via its Legal Project, Pipes said.

Hardly surprising, but Wilders has always remained misty about financing the party. Not that his voters will care much from where the money comes from.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:28:42 PM EST
[ Parent ]
It does seem difficult to deal with electoral campaign funds coming from other regions. Swing states in the U.S. have this problem, with money from California, etc. swamping the limited local funds. To the extent that it is possible to buy votes, one would guess that a couple of ranchers in Texas could probably buy the governments of several smallish countries...
by asdf on Mon Sep 10th, 2012 at 10:41:01 PM EST
[ Parent ]
The illusion of democracy ... ain't it great?

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:22:17 AM EST
[ Parent ]
Remarque: 'the Dutch are skeptical of Brussels' | Europe | DW.DE | 10.09.2012

The euro crisis is dominating the Dutch election campaign. The welcome Merkel's financial rigorousness, but they don't agree with her plans for a political union, says editor in chief of the Dutch daily de Volkskrant.

Dutch voters go to the polls on September 12 to elect a new parliament. In April this year, the broad centrist coalition collapsed amid arguments over the EU's austerity package for the Netherlands. The package envisaged reducing public spending by some 14 billion euros ($11 billion) in an attempt to bring the budget deficit down below the three percent mark. In protest of these plans, the right-wing populist `Freedom Party' led by Geert Wilders withdrew its support of the government. Ever since, the country has been governed by a provisional coalition led by Mark Rutte from the right-of-center `Party for Freedom and Democracy' (VVD).

DW: Mr. Remarque, all of Europe has been hit by the euro crisis. How has it influenced the Dutch election campaign?

Philippe Remarque: There are two populist parties who have used the euro crisis for their own benefit. One of them is the Freedom Party, led by right-wing populist Geert Wilders. He is calling for a complete exit from the European Union and wants to reintroduce the guilder, our former currency. The second party is the Socialist Party, one you could compare to the Left Party in Germany.

What about the other parties? Are they more reserved, or are they also against the EU?

Well, in public debates of course they say that returning to the guilder would be terrible, that it would cost jobs and risk our pensions. That's also the rhetoric used by Prime Minister Mark Rutte, who is the head of the biggest party, the economic-liberal VVD. But he's also trying to use the euro crisis for his own purposes. In a televised debate he said that Greece "won't get any more money." Many critics say that he isn't in the position to guarantee such things, and that statements like this are very un-statesman-like and bad for Europe. But this perhaps reflects a growing trend in the population. We, the Dutch, have become a lot more skeptical than we used to be.

Does the fact that all parties are using the crisis in their campaigns suggest that euroskepticism will be around for some time to come?

Yes. We used to be what you could call the best Europeans in the class - together with Germany, of course. The euro crisis has changed that. Some people say: 'We should never have adopted the euro as a common currency in the first place, we didn't think hard enough, we were lured into it by the pro-European elite who didn't inform us enough.' It's resentments like these - that ultimately, and perhaps unfortunately, do reflect the way people feel - that lead to intense skepticism and make people more likely to cast their vote for a populist like Wilders. It's remarkable that Wilders has hardly said anything about his favorite topics - migration policy and Islam - and that his campaign has focused entirely on the euro crisis and on his call for an exit from the EU.

Could Wilders benefit from the crisis in a way that he would get an even bigger say in the new government?

Fortunately, no, that won't happen. Until April, he was part of the central-right-wing governing coalition. The experiment failed. Wilders stopped supporting the government. Not even Mark Rutte's VVD would presumably want to repeat such a risk. And all other parties are even saying that it's just not possible to rule a country together with Wilders. That's why he will remain on the outside. And yet, despite this, Wilders represents the opinion of quite a significant share of the population.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:29:30 PM EST
[ Parent ]
Gawker: Watch Two Planes Survive a Scary Mid-Air Collision (Sep 10, 2012)
The crash occurred when the light aircraft pulling an ad for the Christian Democrats got too close to the single-engine Cessna carrying members of the Socialist Party, causing the latter's landing gear to become embedded in the former's wing, fusing the two planes together.

Happily, the two planes managed to separate after several frightening seconds.

The CDA plane made an emergency landing on the beach, whereas the SP plane returned to Rotterdam airport. There were no injuries on either aircraft.



If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 03:40:32 AM EST
[ Parent ]
It will hatch.

But don't begin thinking there will be something relevant to report.

by Nomad (Bjinse) on Tue Sep 11th, 2012 at 07:10:58 AM EST
[ Parent ]
IPS - Belarus Heads for Election, not Democracy | Inter Press Service

Belarusians will vote for a new, but still regime-controlled parliament on Sep. 23. At least those who do not respond to calls for boycotting the poll.

The opposition is far from united in their positions on the election: some are campaigning, some boycotting, others plan to pull out right before voting day. But all are agreed that the election process is being rigged.

The seats, dissidents believe, will again be distributed according to the will of president Alexander Lukashenko who has ruled the nation of 10 million since 1994, earning the title "Europe's last dictator". The parliament in Belarus, as in most autocracies, has in any case very little say.

The election campaign started Aug. 22. The registration process ended the same day. Every fourth contender has been denied the right to run.

The election commissions registered most opposition candidates, but banned the most popular - on the ground of alleged irregularities in their financial disclosure, or claims that some of the signatures on their supporters' lists were forged.

"Registration has been denied to those who would run till the end with a fair chance to win," analyst Valery Karbalevich tells IPS.

Among the excluded are Aleksander Milinkevich, leader of For Freedom movement, a former Lukashenko rival in the presidential race, Anatol Liaukovich, former leader of the Belarusian Social-Democratic Party and Mikhail Pashkevich from `Tell the Truth!'.

Some popular dissidents are still in jail, like Mikola Statkievich who was sentenced for six years for "driving riots" on Dec. 19 2010 - the day of the rigged presidential election. An estimated 20,000 protesters assembled in the main square of capital Minsk on that day, leading to a massive crackdown against opponents of the regime.

Some opposition members cannot run because of their suspended sentences. Others fled abroad, such as Ales Mikhalevich, another presidential candidate, who was arrested and charged for organising riots.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:30:38 PM EST
[ Parent ]
EUobserver.com / Foreign Affairs / EU components used in Belarus spy drones, NGO says

A German-based firm has said that some of its engines may have been used for Belarus spy drones despite EU sanctions.

The company, 3W Modellmotoren in Rodermark in southwest Germany, which makes stroke engines for small airplanes, told EUobserver on Monday (10 September) that dealers might have sold some of its technology for use in unmanned aerial vehicles (UAVs) belonging to Belarus' interior ministry.

"You know it could very well be that they [Belarus] got engines from one of our dealers around the world. You never know what they [dealers] do," 3W Modellmotoren managing director, Peter Wintrich, said.

He explained the firm does not sell to Belarus directly, but noted that his company has "no control" over resellers. The firm has dealers in 43 countries, three of them based in Russia.

"You can use any of our engines for UAVs," he noted.

Its top of the line 3W engine comes with a €8,400 price tag.

The State Military Industrial Committee of Belarus conducted a number UAV tests over the summer in Minsk using the 3W Modellmotoren equipment, according to the Hague-based NGO Belarus Tribunal in a report issued on Sunday.

The NGO is alarmed that state authorities might mount video surveillance equipment on the drones to monitor demonstrations and track dissidents.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:31:30 PM EST
[ Parent ]
IPS - Belarus  US Empire Heads for Election, not Democracy


They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:25:21 AM EST
[ Parent ]
'Serious delays' in setting up electronic toll-payment scheme: theparliament.com
Member states have been warned they "need to do more" to ensure that the 'European Electronic Toll Service' (EETS) scheme remains on track.

EETS was introduced as far back as 2004 in order to reduce the hassle for truckers and other road users.

This was to be done by facilitating toll payments across the EU with a single on-board unit and service contract.

The aim was to result in fewer cash transactions at toll stations and the elimination of cumbersome procedures for cross-border users.

Truckers and other road users have complained about the variety of electronic road tolling systems between and often within member states.

For instance, a truck driver travelling from Lisbon to Bratislava via Lyon, Milan, Munich and Vienna, wishing to pay the tolls electronically, currently needs to subscribe to at least seven toll payment contracts with as many concessionaires and to host as many on-board units in the truck's cabin.

The commission hoped the new scheme would improve traffic flow and reduce congestion.
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:32:42 PM EST
[ Parent ]
Hmmm, where is the magical and invisible guiding hand of the free market that will automatically optimize the efficiency of such systems???
by asdf on Mon Sep 10th, 2012 at 10:42:22 PM EST
[ Parent ]
Nomad:
'European Electronic Toll Service' (EETS)

I really did read Troll for Toll.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Sep 11th, 2012 at 03:21:19 AM EST
[ Parent ]
You know you're spending too much time online when...

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 04:41:10 AM EST
[ Parent ]
Is there any difference? From Will Crowther's ADVENTURE, one of the first computer games:
You are on one side of a large, deep chasm. A heavy white mist rising up from below obscures all view of the far side. A SW path leads away from the chasm into a winding corridor. A rickety wooden bridge extends across the chasm, vanishing into the mist. A sign posted on the bridge reads, "Stop! Pay troll!" A burly troll stands by the bridge and insists you throw him a treasure before you may cross.

throw eggs

The troll catches your treasure and scurries away out of sight.

by gk (gk (gk quattro due due sette @gmail.com)) on Tue Sep 11th, 2012 at 04:48:55 AM EST
[ Parent ]
But I'm Big Billygoat Gruff...

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Sep 11th, 2012 at 08:29:37 AM EST
[ Parent ]
Turkey puts 44 journalists on trial for terrorism and backing pro-Kurd group | World news | guardian.co.uk

The first hearing of Turkey's biggest trial against members of the press has started, involving 44 journalists. Thirty-six of those have been in pre-trial detention since December, facing terrorism charges and accused of backing the illegal pan-Kurdish umbrella group, the KCK.

"This trial is clearly political," said Ertugrul Mavioglu, an investigative journalist, whose terrorism charges for interviewing Murat Karayilan, a member of the KCK - which includes the Kurdistan Workers' party (PKK) - were dropped in December last year.

"The government wants to set an example; it wants to intimidate," he added. "Journalists are being told: 'There are limits on what you are allowed to say.'"

Human rights groups repeatedly criticise the Turkish government for the prosecution of pro-Kurdish politicians and activists and journalists who exercise the right to freedom of expression.

Andrew Gardner, Turkey researcher at Amnesty International, said: "This prosecution forms a pattern [in Turkey] where critical writing, political speeches and participation at peaceful demonstrations are used as evidence of terrorism offences."

Amnesty International will, in October, publish a report entitled Criminalising dissent: freedom of expression under attack in Turkey. The document is expected to cover a wide range of cases involving the country's journalists.

More than 100 journalists are in jail in Turkey (more than in Iran or China), and many of these work for Kurdish media outlets. About 800 more face charges, and numerous journalists have been fired or have had to leave their jobs because of pressure from the Turkish government.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:34:37 PM EST
[ Parent ]
Eurointelligence Daily Briefing: One day to go
German newspapers are outlining the options of the court; there seems to be a consensus that the court cannot simply strengthen the role of the parliament any further, as it did in previous rulings; one option would be to demand opt-out rights, but this would weaken Germany's overall position; a majority of commentators believe the court will approve the ESM and fiscal pact; Suddeutsche writes that the ECB's OMT programme can go ahead even if the court votes No, as it can interlink with the EFSF; the liberal VVD and the labour party PvdA are running neck and neck ahead of tomorrow's general election in the Netherland; another grand coalition seems likely; last night's debate between the two party leaders, which focused on the multicultural society, had no conclusive winner; Portugal's finance minister will announce the fifth review of the programme today; the country is not expected to meet its budget goals this year and next; Vitor Constancio is tipped to head the ECB's new bank supervisory agency, according to a news report; the IMF warns of the impact on the eurozone crisis on the world economy; the EBRD warns of the impact of the eurozone crisis on eastern Europe; its president says the numbers look frightening; Mariano Rajoy's political ratings have crashed according to polls, as Spaniards believe their PM has no plan; his first TV interview Rajoy succeeded in failing to answer the questions and to clarify his policies; corporate bond yields for Spain's largest companies have fallen to the Draghi effect; the decline of the Italy's economy intensified according to the latest data; the Italian media are speculating on Mario Monti's presidential ambitions; Il Messaggero warns of rising social unrest on the streets of Rome; Tommaso Monacelli warns that the OMT is ill-targeted, as it leaves out countries in difficulty, but not yet on the brink of disaster; Gideon Rachman warns that the isolation of Germany in the ECB's governing council is a bad omen for the programme; Commerzbank's Jorg Kramer, meanwhile, believes the OMT will trigger a collapse of the eurozone in five-to-ten years, as a result of a boom-bust spiral in Germany.


If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 03:35:54 AM EST
[ Parent ]
Spiegel: German Court Says It Will Not Delay ESM Ruling
Yet another obstacle in European leaders' approach to fighting the euro crisis has been overcome. Germany's Federal Constitutional Court has rejected a new petition for a temporary injunction by Peter Gauweiler, a member of parliament. The court discussed Gauweiler's petition on Monday afternoon and announced its decision early the following morning.

The decision means that the court will announce its keenly awaited ruling on the European Stability Mechanism (ESM), the permanent euro bailout fund, on Wednesday, as was originally planned.

Gauweiler, a member of the conservative Christian Social Union (CSU), the Bavarian sister party to Angela Merkel's Christian Democratic Union, had tried to torpedo the court's ruling on the ESM at the last minute by demanding that the court hold another oral hearing.

This may just be because the court was going to rule in favour of Gauweiler's previous lawsuit.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 04:14:37 AM EST
[ Parent ]
This is entirely representative of the coverage in Germany insofar as mention is only ever made of the ESM, and never of the Stability Trap Pact.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Tue Sep 11th, 2012 at 06:31:21 AM EST
[ Parent ]
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 03:08:08 PM EST
Banking union leak points to sweeping powers for ECB | EurActiv

Blueprints for a European banking union to be published on Wednesday (12 September) will trigger fevered debate over the powers of the European Central Bank (ECB), if a draft leaked late last week remains unchanged.

The draft proposal gives the ECB sweeping powers to carry out spot checks and withdraw banking licences, previously the preserve of national supervisors.

The ECB would assume its new duties on 1 July 2013, the paper says, taking sole authority at the beginning of 2014.

The proposals - which still face months of negotiation between governments and the European Parliament - give the ECB the power "to authorise credit institutions and to withdraw authorisation of credit institutions".

ECB would get power over all eurozone banks

On two key issues the draft indicates that the debate will be fierce.

As expected, the draft gives the ECB the right "to be able to exercise supervisory tasks in relation to all banks" within the eurozone, a move resisted by Berlin.

German Finance Minister Wolfgang Schäuble last week lambasted the idea of giving the ECB powers to monitor all eurozone banks, saying it should instead focus only on systemically important institutions.

"The ECB has itself said it does not have the potential to supervise the European Union's 6,000 banks in the foreseeable future," Schäuble told German radio, expressing scepticism about the timeframe envisaged in the Commission proposals.

The majority of EU banks are small and more than 90% of all assets are believed to be held by some 200 institutions.

Berlin is keen to retain an exception from supervision for its state-owned and politically connected Landesbanks.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:42:16 PM EST
[ Parent ]
German top court may seek readjustment to ESM | Europe | DW.DE | 10.09.2012

Germany's constitutional court is not likely to topple the ESM with its ruling this week, according to legal experts. Not even the plaintiffs are expecting that. But the Karlsruhe judges could demand readjustments.

Would it be right if German President Joachim Gauck signed the treaties on the ESM and the fiscal compact? Or do they infringe on the German constitution? Christoph Degenhart, an expert in constitutional law from Nürnberg, believes the latter is true.

And he's not the only one. Together with former Justice Minister Herta Däubler-Gmelin from the opposition party SPD, Degenhart has filed a constitutional complaint against both euro rescue mechanisms. According to him, the mechanisms risk whittling away the democratic principles at work in Europe and Germany.

All in all, 37,000 citizens have filed constitutional complaints against the ESM and the fiscal compact. Of those, 25,000 have done so by supporting the complaints filed by Degenhart and the former justice minister.

Democratic deficit

The plaintiffs also criticize that there is no cancellation clause and no limitation of liability in the rescue mechanisms. If the ESM goes through, the Governors' Board - the eurozone finance ministers - could in theory top up the capital stock whenever deemed necessary.

That would mean the German Parliament would lose its budgetary sovereignty. In addition, the authors of the complaint claim that the ESM stands in stark contrast to the no-bail-out clause written down in the European treaties which stipulates that no state can be liable for other countries' debts.

But Ingolf Pernice, an expert on European and constitutional law and the founder of the Walter-Hallstein-Institute for European Constitutional Law in Berlin, opposes this view. According to him, there is no democratic deficit when it comes to the ESM and the fiscal compact. Special committees in the European Parliament or in national parliaments could be included in the decision-making process, he suggests.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:44:36 PM EST
[ Parent ]
SPIEGEL Commentary on ECB Bond Purchase Program - SPIEGEL ONLINE

Anyone who breaks a law can hardly excuse his actions by claiming that he is acting within the scope of the law. In any case, it won't help him much -- unless his name is Mario Draghi and he is the president of the European Central Bank (ECB).

OAS_RICH('Middle2'); The ECB is politically independent, but it is not above the law. It is only independent within its mandate, which is clearly defined by the European treaties: The central bank is tasked with safeguarding price stability in the euro zone -- no more and no less.

Draghi wants more, though; he wants to save the European common currency at all costs. The euro, he says, is "irreversible."

Many similar statements have already been made over the course of the euro rescue. There is no alternative to the measures that have been agreed, said German Chancellor Angela Merkel. But aside from the fact that there are always alternatives, the chancellor has been democratically legitimized; anyone who disagrees with her actions can punish her at the polls in the next election.

Momentous Decision

Draghi, on the other hand, has no democratic legitimization. And yet he has taken it upon himself to make the most important and possibly momentous decision in the history of the monetary union: defending the euro at all costs. Jens Weidmann, head of Germany's central bank, the Bundesbank, is the only member of the ECB's Governing Council to vote against this decision.

In the future, the ECB will be able to purchase sovereign bonds from crisis-ridden countries, provided these member states have already requested aid from the euro-zone rescue fund and meet the strict conditions that naturally go hand-in-hand with such a bailout. And what if they fail to meet these conditions? Will the ECB halt its purchases? The bankers won't be able to do that if Draghi's comment about the irreversibility of the euro is to be taken seriously.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:47:14 PM EST
[ Parent ]
Greek PM meets austerity inspectors over further cuts - Europe - World - The Independent

Greece's prime minister started a new round of negotiations today with representatives of the country's bailout creditors, who are demanding a fresh set of controversial austerity cuts to release the next batch of rescue loans the country desperately needs to stay afloat.

Antonis Samaras' meeting with officials from the so-called troika of the European Union, International Monetary Fund and European Central Bank comes a day ahead of his talks in Frankfurt with ECB president Mario Draghi. 

Troika officials are "evaluating" Greece's proposals for the €11.5 billion austerity package for 2013-14, Finance Minister Yannis Stournaras said. 

"It's a tough discussion, because the measures are tough," he told journalists after attending today's negotiations. Asked whether Greece's creditors are insisting on job cuts in the country's bloated, inefficient civil service, Stournaras only commented that: "We are trying to convince them that our arguments are correct." 

In talks with Stournaras on Sunday, troika officials rejected part of the Greek proposals. That leaves Samaras battling on two fronts: He has to satisfy Greece's creditors -- or lose the vital bailout funds. But he must also keep the peace with his center-left coalition partners, who publicly reject some of the cutbacks that will cause further widespread pain. Without their support, the government formed in late June would collapse, leaving the way open for the radical left main opposition to seize power. The opposition wants Greece to tear up its bailout commitments -- even at risk of its leaving the euro. 

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:47:08 PM EST
[ Parent ]
BBC News - Spain euro crisis: Rajoy rejects bailout conditions

Spain's Prime Minister Mariano Rajoy has said he will not accept outside conditions over a possible bailout.

Mr Rajoy made the pledge in his first television interview since taking office. But he said no decision to request a bailout had been taken.

Last week, the president of the European Central Bank (ECB) unveiled plans to buy bonds from indebted countries - under bailout conditions.

Mario Draghi said the ECB would provide a "fully effective backstop".

The aim of the programme was to cut the borrowing costs of debt-burdened eurozone members by buying their bonds.

The Spanish government's implied borrowing costs fell sharply after the announcement. Pensioners reassured

"I am absolutely convinced that everyone will be reasonable but I insist that we haven't taken a decision," Mr Rajoy told Spanish state television.

"I will look at the conditions. I would not like, and I could not accept, being told which were the concrete policies where we had to cut," the prime minister added.

And he promised that pensioners would not be affected by any decisions.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:51:47 PM EST
[ Parent ]
Video - Banks Slash Headcount Globally; Asia Not Immune - WSJ.com

Directors at J.P. Morgan Chase & Co. and Citigroup Inc. are wrestling with new approaches to executive compensation, in a bid to respond to a series of management miscues this year, said people close to the institutions.

At J.P. Morgan, the biggest U.S. bank by assets, directors are considering lower 2012 bonuses for Chief Executive James Dimon and other top executives in the wake of a multibillion-dollar trading disaster, said people close to the discussions. But they also are grappling with the question of how to do that without drastically reducing the executives' take-home pay, the people said.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:55:13 PM EST
[ Parent ]
George Soros: Biggest Tragedy In Europe Is Germany's Stance On Economics - Business Insider
George Soros has been on a serious media blitz lately.

He has a new Project Syndicate column up about how Germany should lead the eurozone (as a benevolent hegemon) or get out (and let the Euro drop to competitive levels).

He also has a much longer New York Review of Books essay about how Germany can still make things work.

And today he's doing an interview and Q&A at a conference in Germany expanding on what needs to be done.

It's very long and we hope to watch the whole thing again at some point, because Soros has an endless string of insights.

But one point that he keeps coming back to is the tragedy of Germans' misunderstanding about their own role in the crisis.

Whereas Germans think they're already incredibly on the hook for peripheral finances, the fact of the matter, says Soros, is that from the beginning, Germany has only done "the minimum."

That's a tragedy.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:55:24 PM EST
[ Parent ]
Vince Cable: pure laissez-faire economics does not work | Politics | guardian.co.uk

A British bank potentially backed with public money will be created to shake up the market in business finance, Vince Cable will announce on Tuesday in a major speech setting out a new industrial strategy.

The business secretary said the government had a role as a catalyst in areas where the lending market "doesn't work well".

Heretic! Burn him!

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Tue Sep 11th, 2012 at 07:57:38 AM EST
[ Parent ]
Didn't they already do that after he declared war on Murdoch?
by gk (gk (gk quattro due due sette @gmail.com)) on Tue Sep 11th, 2012 at 08:24:40 AM EST
[ Parent ]
So, they'll take responsibility for banking off his hands, and he'll end up as under-secretary for basket weaving and raffia?

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Tue Sep 11th, 2012 at 08:27:13 AM EST
[ Parent ]
As gk said "Didn't they already do that after he declared war on Murdoch?"

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Sep 11th, 2012 at 08:45:27 AM EST
[ Parent ]
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 03:08:11 PM EST
Taliban prepared to accept Afghanistan ceasefire and political deal, say experts | World news | guardian.co.uk

A belief that the war in Afghanistan is unwinnable and fear of a future civil war has persuaded Taliban leaders of the merits of a ceasefire, power-sharing and a political deal, according to a group of experts and academics who conducted private talks with senior Taliban figures.

Two former Taliban ministers, a former mujahideen commander and an Afghan mediator with experience of negotiating with the Taliban spent between three and five hours in individual discussions with professors Anatol Lieven, Theo Farrell and Rudra Chaudhuri of King's College London and Michael Semple of Harvard.

Separately, Matt Waldman, a former key UN official in Kabul involved in promoting dialogue and reconciliation in Afghanistan, has told the Guardian: "It would be a grave mistake to assume the Taliban would settle for nothing less than absolute power."

At a press briefing on Monday on their report published by the Royal United Services Institute, Lieven and his colleagues painted a picture of a pragmatic Taliban leadership around Mullah Omar.

Three of his group's four interlocutors said they could imagine a "long-term US military role in Afghanistan ... so long as the US military presence contributed to Afghan security", Farrell said. But it could be used to attack Afghan's neighbours, including Iran, the Taliban leaders insisted.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:56:40 PM EST
[ Parent ]
Leadership Rifts Hobble Syrian Rebels - WSJ.com

Abdel Jabbar al-Ughaidy, a defected Syrian army colonel, is trying to command the loyalty of rebel ranks around Aleppo. So is Abdel Aziz Salama, a former honey merchant.

The two men, at once allies and rivals, capture the challenges facing Syria's insurgents as they struggle to cobble together a cohesive fighting force and topple President Bashar al-Assad.

Rebels in the northern province of Aleppo joined the uprising late but have proved more adept than those elsewhere in Syria. They have driven government forces out of the countryside north of Syria's largest city and seized a major swath of the city itself.

But destabilizing rifts threaten the effort--stoking fights over ideology, weapons and political influence. The rifts partly explain a stall in the rebels' momentum to capture Aleppo, which was the scene of a lethal car bombing Sunday. The splits also offer a glimpse into the nascent political forces that would vie for power in a post-Assad Syria.

How these differences shake out in coming days could determine which side prevails in the 18-month conflict and lay the groundwork for either cooperation or fresh rounds of internecine bloodletting if Mr. Assad falls.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 06:59:21 PM EST
[ Parent ]
Video shows 20 Syrian soldiers believed executed | Reuters

Amateur video posted on You Tube on Monday showed images of 20 dead Syrian soldiers, blindfolded and handcuffed, after they were apparently executed in the northern city of Aleppo.

Two videos showed the dead men dressed in army fatigues and kneeling in a long line along a road with their bloodied heads lying on the pavement.

It was not possible to verify the authenticity of the videos.

Rami Abdulrahman, head of the British-based opposition watchdog the Syrian Observatory for Human Rights, said that four people in Aleppo had told him of the incident which happened on either Friday or Saturday.

"The soldiers were from the Aleppo district of Sekenat Hanano but they were killed in the district of Sabaa Baharat," he said by telephone.

The videos showed rebel fighters holding assault rifles standing around the dead men, calling them "(President Bashar al-) Assad's Dogs."

"The Suleiman al-Farisi brigade ... killed several members from the (state) security," a man said off camera, filming a car with the name of the brigade written on the bonnet.

The Suleiman al-Farisi brigade, from the northern town of al-Bab, is one of several units from Aleppo province that have taken up arms against Assad and pushed into the region's capital, Syria's commercial hub and most populous city, in July.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:00:15 PM EST
[ Parent ]
'No one likes violence...But people know there is no going back. If they return home, they will die one by one' - Middle East - World - The Independent

The Syrian general opened an envelope and upended its contents on his desk.

Out spilled his army's messages to the people of Damascus and Hama and Aleppo and Homs and Deraa. "We have a special department with analysts who write these," he told us. "We give every chance to the people." And so the generals do, if you trust these little flyers, rectangular sheets of paper - some illustrated with smiling children, others with grim faced gunmen -- dropped by helicopter over the streets of Syria. The general smiled at us. "Do you see how much trouble we take?" I had heard before of these little strips of paper - how they had cascaded down on the Palestinian Yarmouk camp in Damascus and on Homs and Aleppo - but I had never seen them, least of all in such profusion. Each was signed `the Administration of the Security Forces."

They ranged from the banal - "Brother citizen, help us get rid of the criminal gangs by cooperating with the security forces" - to the sophisticated. This, for example, is the Syrian army's message to all armed men: "The security forces have the will to restore security and stability to all the regions of our precious homeland and will not permit the wasting of innocent citizens' blood. Time is vanishing, so take advantage of this chance: drop your weapons - as many have already done - and remember that the government is as merciful as a mother is to her children."

If this evocation of maternal care does not appeal to President Bashar al-Assad's opponents, Islam might -- though the word `Islam' does not appear in the texts we were shown. "Think with your mind, religion is love - religion is tolerance. Religion does not call for killing...Let's work together according to religious instructions, not at the call of criminals."

And if you are approaching Syrian troops, here's a little note you might like to have to hand, a `safe passage' paper that can save your life. "When approaching a checkpoint, make sure you are not holding any kind of weapon. While doing so, approach slowly and make sure your chest is not obscured by anything suspicious. Hold this bulletin in one hand while putting the other on top of your head." `Anything suspicious' is clearly a reference to a bomb strapped to the chest of a suicide bomber. Yet other papers suggest that armed opponents of the regime "take advantage of the special treatment granted to you by the authorities."

The problem -- and Syria's army is wise enough to understand this - is that the violence of the present was planted long ago, and there are many in Syria who remember with great bitterness just what kind of `special treatment' has been granted to their relatives over the past years. Indeed, the day after meeting the general, I sat down to tea with a middle-aged Syrian who wanted to tell me why he hated the regime. He was a mildly-spoken person who met me in a down-town Damascus café, his voice almost drowned out by the screech of birds from an aviary attached to the wall.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:00:54 PM EST
[ Parent ]
No sense in risking your ass getting rid of Assad and replacing him with someone ... who isn't YOU.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:31:53 AM EST
[ Parent ]
Hassan Sheikh Mohamud elected new Somalia president | News | Africa | Mail & Guardian

The run-off pitted him against former president Sharif Sheikh Ahmed.

Mohamud garnered 190 votes against 79 for Sharif, according to a tally by an AFP reporter at the scene.

The two men were neck and neck in the first round of voting but Hassan Sheikh Mohamud emerged victorious in the second and final round.

"Hassan Sheikh Mohamud is the winner for today's presidency," parliament speaker Mohamed Osman Jawari announced.

Two other candidates, outgoing prime minister Abdiweli Mohamed Ali and Abdikadir Osoble, pulled out after the first round of the polls that mark the final stage of a UN-backed process aimed at setting up a new administration for the war-torn country.

Hassan Sheikh Mohamud was a largely unknown candidate who comes from the same Hawiye clan as Sharif. Analysts say he has been actively involved with Somalia's NGO community.

He is an academic, and a political and civic activist who has worked for several national and international peace and development organizations

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:01:29 PM EST
[ Parent ]
BBC News - India cartoonist Aseem Trivedi's arrest sparks outrage

The arrest of an Indian anti-corruption cartoonist on sedition charges has sparked widespread criticism.

Aseem Trivedi appeared in court in Mumbai and was remanded in custody until 24 September for cartoons allegedly mocking the constitution.

Mr Trivedi is demanding the charges be dropped. Many Indians see his arrest as an attack on freedom of expression.

The cartoonist has been participating in the anti-corruption movement led by campaigner Anna Hazare.

"As of now we demand sedition charges are dropped against him," Mr Trivedi's lawyer, Vijay Hiremath, said after Monday's court hearing, AFP news agency reports.

"Obviously they don't have a case so they should have dropped it instead of giving him judicial custody."

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:02:19 PM EST
[ Parent ]
Rumours swirl as China's Xi vanishes - FT.com

Where is Xi Jinping? The man anointed to run the world's most populous nation and second-largest economy has disappeared from public view just weeks before his expected elevation to lead the Chinese Communist Party.

Over the past week Mr Xi has cancelled at least four scheduled meetings with visiting dignitaries including a Russian delegation, Singapore's prime minister and US secretary of state Hillary Clinton last Wednesday and the prime minister of Denmark on Monday.

An official account did not list him among the attendees at an unscheduled meeting held last Friday by the party's powerful central military commission, of which Mr Xi is vice-chairman.

Late last week the foreign ministry invited overseas media to cover a meeting between Mr Xi and Danish prime minister Helle Thorning-Schmidt scheduled for Monday afternoon. But on Monday the ministry denied that the meeting was ever supposed to take place.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:03:23 PM EST
[ Parent ]
He's at his tailor. He wants to look great for his coronation.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:33:49 AM EST
[ Parent ]
Japanese Government to Buy Disputed Islands - WSJ.com
The Japanese government made a formal decision to buy islands at the center of a dispute with China, a move to prevent the islands from ending up in Japanese nationalists' hands but one that provoked an angry response from Chinese Premier Wen Jiabao.

Japan's chief government spokesman said it had agreed with the islands' private owners to purchase them, stressing it was in line with the government's policy of maintaining control of the islands in a "peaceful and stable" manner.

"The government has been renting the islands since fiscal 2002 to keep them under peaceful control. But since the current private owners intended to put them on the market, we've decided to buy them," Chief Cabinet Secretary Osamu Fujimura told a regular news conference.

The move prompted anger from the highest levels of the Chinese leadership, with Mr. Wen saying late Monday that the islands--controlled by Japan, which calls them the Senkaku, but claimed by China and Taiwan; they're called Diaoyu in Chinese--are an inalienable part of China's territory. He said China will "absolutely make no concession" on issues concerning its sovereignty and territorial integrity, according to state-run Xinhua news agency.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:04:00 PM EST
[ Parent ]
Guantánamo inmate becomes ninth detainee to die at prison camp | World news | guardian.co.uk

A former hunger strike prisoner at Guantánamo Bay has died, the US military said Monday, after the man was apparently found unconscious in his cell at the isolated, high-security prison.

The prisoner, whose name and nationality were not released, was found by guards on Saturday and taken to a base hospital, where he was declared dead "after extensive lifesaving measures had been performed," the US military's southern command said in a brief statement.

He was the ninth prisoner to die at the facility since it was opened in January 2002 to hold men suspected of terrorism or links to al-Qaida and the Taliban. The military has said two of those deaths were by natural causes and six were declared suicides.

The death occurred in Camp 5, a section of the prison used mostly to hold prisoners who have broken detention center rules, said navy captain Robert Durand, a spokesman for the prison.

This prisoner had recently splashed a guard with what military officials call a "cocktail," typically a mixture of food and bodily fluids, which is why he was on disciplinary status, Durand said.

He had been on a hunger strike in the past but had resumed eating on June 1 and was at 95% of his ideal body weight and 14lb heavier than when he came to Guantánamo, the spokesman said.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:09:48 PM EST
[ Parent ]
Dying; another act of "an act of asymmetric warfare committed against us."

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Sep 11th, 2012 at 03:45:34 AM EST
[ Parent ]
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 03:08:15 PM EST
Climate change expert calls for geoengineering and nuclear 'binge' to avert global warming | EurActiv

A leading British academic has called for accelerated research into futuristic geo-engineering and a worldwide nuclear power station "binge" to avoid runaway global warming.

Peter Wadhams, professor of ocean physics at Cambridge University, said both potential solutions had inherent dangers but were now vital as time was running out.

"It is very, very depressing that politicians and the public are attuned to the threat of climate change even less than they were 20 years ago when Margaret Thatcher sounded the alarm. Co2 levels are rising at a faster than exponential rate, and yet politicians only want to take utterly trivial steps such as banning plastic bags and building a few windfarms," he said.

"I am very suspicious of using technology to solve problems created by technology, given that we have messed up so much in the past but having done almost nothing for two decades we need to adopt more desperate measures such as considering geo-engineering techniques as well as conducting a major nuclear programme."

Geo-engineering techniques such as whitening clouds by adding fine sprays of water vapour, or adding aerosols to the upper atmosphere have been ridiculed in some quarters but welcomed elsewhere. Wadhams proposes the use of thorium-fuelled reactors, being tested in India, which are said to be safer because they do not result in a proliferation of weapons-grade plutonium, experts say. Also, under certain circumstances, the waste from thorium reactors is less dangerous and remains radioactive for hundreds rather than thousands of years.

Wadhams, who is also head of the polar ocean physics group at Cambridge and has just returned from a field trip to Greenland, was reacting to evidence that Arctic sea ice cover had reached a record low this summer.

This latest rate of loss is 50% higher than most scenarios outlined by other polar scientists and coincide with alarming new reports about a "vast reservoir" of the potent greenhouse gas, methane, that could be released in Antarctica if the ice melts equally quickly there. Greenpeace said last night that it agreed with the academic's concerns but not with his solutions.

"Professor Wadhams is right that we're in a big hole and the recent record sea ice low in the Arctic is a clear warning that we need to act. But it would be cheaper, safer and easier to stop digging and drilling for more fossil fuels," said Ben Ayliffe, the group's senior polar campaigner.

"We already have the technologies, from ultra-efficient vehicles to state-of-the-art clean energy generation, to make the deep cuts in greenhouse gases that are needed to stave off the worst effects of climate change. Unfortunately, we're still lacking the political and business will to implement them," he added.

Wadhams, who has done pioneering work on polar ice thinning using British naval submarines from 1976 onwards, said these latest satellite findings confirmed his own dire predictions.

And they feed into the alarming scenarios that the Arctic Methane Emergency Group have been warning about.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:10:11 PM EST
[ Parent ]
This comment should be marked for posterity, because it seems likely to be the path that we will take. When it finally becomes obvious to the political elite that climate change is occurring and is a disaster, there will be a panic attempt to do something. And the "something" is almost certainly nuclear power. Maybe it will be a worse disaster in the long run, but if you want to ramp up your non-CO2-generating electricity generation as fast as you can, nukes are probably the option...
by asdf on Mon Sep 10th, 2012 at 10:49:05 PM EST
[ Parent ]
Given the historically proven ramp up rates of renewable technologies, asdf's statement remains an unqualified opinion not born out by supply chain realities.

Of course, it remains possible that a sick civilization will chose the wrong path once again.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Sep 11th, 2012 at 03:33:58 AM EST
[ Parent ]
I think asdf is right that this is the preferred option of the corporates which run our governments' energy policies.

however, I remain unconvinced that nuclear is as CO2 neutral as is suggested. You need an awful lot of cement for a nuke power station and none of that is CO2 neutral. The mining and processing of the fuel isn't CO2 neutral and as for the disposal of the waste, god alone knows what the CO2 costs for that will be as nobody has seriously attempted it yet.

But whilst the corporates make more money wrecking the planet, nothing sensible can be done

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Sep 11th, 2012 at 03:50:48 AM EST
[ Parent ]
There are a few review papers in the literature - Fthenakis has one, Lenzen another, that summarise the findings. Full-lifecycle emissions, insofar as they can be estimated at all for a process which won't be complete for a few thousand years, are in the range 5-130gCO2e/kWh, with a median/mode/mean value somewhere halfway, around 60gCO2e/kWh.

As far as I know, no one's looked at whether there's any significant consequential climate effects from INES7 catastrophes or nuclear conflict; and we still don't have a meaningful probability distribution for those. So lots of uncertainties.

by LondonAnalytics (Andrew Smith) on Tue Sep 11th, 2012 at 05:59:21 AM EST
[ Parent ]
no one's looked at whether there's any significant consequential climate effects from INES7 catastrophes or nuclear conflict

Um, nuclear winter?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa

by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 06:07:16 AM EST
[ Parent ]
Just enough and it will balance out the global warming...

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Tue Sep 11th, 2012 at 07:14:43 AM EST
[ Parent ]
Geo-engineering : Who shall we nuke this year?

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Tue Sep 11th, 2012 at 07:20:22 AM EST
[ Parent ]
There's another plot twist for one of your novels.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 12:20:01 PM EST
[ Parent ]
"catastrophes or nuclear conflict; and we still don't have a meaningful probability distribution for those."

If there is a (more obvious) climate catastrophe, a decision could be made to return to the idea of massively centralized nuclear power, with proper security and improved containment. Run by infallible nuclear priests wearing hooded capes, presumably.

The bad thing about that model is that it concentrates the potential disasters into a smaller number of bigger disasters, c.f., Fukushima. The potentially good thing is that this would require a new power distribution grid topology. With suitably clever engineers, unhindered by politicians and economists, the distribution system could possibly be designed to support a short-term nuclear supply system and a long-term distributed and sustainable supply system.

by asdf on Tue Sep 11th, 2012 at 10:42:12 AM EST
[ Parent ]
Suppose you want to shut down all global coal-fired power stations in five years. Can any sustainable supply be ramped up at the rate this would require?

I am strongly opposed to nuclear power, but if you need to make a fast change to an alternative system, I just don't see how else you're going to do it. Increasing the wind penetration from 5% to 75% or so (depending on solar supply) in fewer than two or three decades seems pretty optimistic. Partly because of the construction issue, and partly because of the grid management problems.

by asdf on Tue Sep 11th, 2012 at 10:49:31 AM EST
[ Parent ]
Can any sustainable supply be ramped up at the rate this would require?

And can nuclear? If you want to replace fossil fuels, how many nuclear power plants can you build per year? Less than 2.5% of the global production of energy is nuclear. I am amazed that you think it is easier to build nuclear than to build renewables.

You would need a fully developed police state to enforce nuclear. And then there are the much higher costs. Never ever has a nuclear power plant without public subsidies been built. Face it, it is the most dirty, dangerous, and expensive method to produce power imaginable. I don't think we need worry about nuclear any more.

Oh, and to answer your question: yes, if there is the political will, sustainable energy can be ramped up very quickly. More quickly than nuclear, so forget that.

by Katrin on Tue Sep 11th, 2012 at 11:19:26 AM EST
[ Parent ]
The IEEE technical journals about maintaining grid stability when there's lots of wind power involved suggest that it's hard. Nukes are a known factor from the power technology viewpoint. They are a mess in a lot of other ways, but the method for replacing coal generators with nukes is known.
by asdf on Tue Sep 11th, 2012 at 11:35:34 AM EST
[ Parent ]
Spain routinely manages above 30% wind.

"Hard" means you have to actively manage your grid, instead of just checking up on it every fifteen minutes or so.

Yes, you need balancing capacity that can be ramped up quickly. This is available on a Europe-wide basis these days. In the medium term, e.g. ten years with renewables ramping up as fast as possible, you have plenty of balancing capacity because -- guess what -- all those fossil plants you are displacing still exist, and you can run them to plug the gaps.

To eliminate those fossil plants entirely is perhaps harder, but we don't need to do that in the medium term.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Tue Sep 11th, 2012 at 11:50:42 AM EST
[ Parent ]
Sounds counterintuitive. Nukes come as large power plants, and if one of them has to be taken off the grid, there is a large hole in your production. Wind and solar come in much smaller plants and ought to be easier to replace.
by Katrin on Tue Sep 11th, 2012 at 12:06:37 PM EST
[ Parent ]
As Katrin says,

> Less than 2.5% of the global production of energy is nuclear

...but 13.5% of electricity is.

Why are we all talking about electricity, when that makes up something like a quarter of primary energy use, and (I think) a similar fraction of CO2 emissions?

Nuclear doesn't help much. It produces electricity and heat. And yes, there's a lot of need for low-grade heat that could come from nuclear, if you're prepared to build the piping infrastructure. But what about transport? What about metallurgy, chemical processes?

by mustakissa on Wed Sep 12th, 2012 at 06:12:51 AM EST
[ Parent ]
Quick Points:

  •  wind has already shown its ramp up capability several times in the last decade or so. with stable regimes the ramp up of the supply chain could border on the astounding.

  •  PV has already shown its capabilities, can do rooftop globally very quickly , two decades if necessary.

  •  all manner of efficiency technologies can do the same.

  •  When there's a political desire to achieve something, it gets done. There is nothing in the way of a huge ramp up of sustainable technologies except modern civilization.

  •  Whenever there's a hole, new developments fill it.

As a weird example, here's a report of a new technology allowing coal plants to be load following being done in 'Schland, from Der Spiggle.

Conventional power plants grind coal into dust, which is then blown into a boiler. But in Niederaussem, the pulverized coal is first stored in a silo, making it possible to control much more closely the amount that is later fed to the flame. German energy giant RWE originally built the silo in Niederaussem to make fueling its power plant easier. But the German energy revolution has lent the silo system an entirely new dimension.

A power plant with a silo can run on a low level if necessary. It can be powered down to 10 percent of its maximum output, a function that's impossible for plants without a silo. Even the most modern conventional facilities can go no lower than 35 percent of maximum performance. Operating at a capacity any less than that requires laboriously keeping the combustion going by burning oil or gas -- an option that's far too expensive.

Silos for storing coal dust represent just one of several new technologies that are helping coal-fired power plants shape up for the transition to renewable energy. Time is short. Germany's environmental revolution will mean major upheavals for coal plant operators, and the new electricity supply system will subject them to grim competition.
....
This new system leads to ever greater fluctuations in power generation, with output changing with every gust of wind and every cloud that flits across the sun. Hitachi Power, a Japanese company that builds power plants, estimates these fluctuations will double or triple by the end of the decade, while at the same time the demand for electricity from non-renewable sources will drop by half between 2010 and 2020.

Soon the demand for electricity will likely no longer be enough to keep all the existing coal-fired plants in business, and those that want to continue selling as much conventionally generated energy as possible in this shrinking market must be able to react quickly to fluctuations in supply and consumption. Once this was something only gas-fired plants were able to do, but coal-fired plants are now preparing to challenge them for the role of a flexible provider that can make up shortfalls. Coal and gas power, once partners, are suddenly becoming competitors in a shrinking market.

So Yes, in the mid-term, there will be ways to balance the system, and as long as some form of basic intelligence prevails, the goal of drastically lowering CO2 can be accomplished, even by using what's already built and dirty.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Tue Sep 11th, 2012 at 01:16:41 PM EST
[ Parent ]
Suppose you want to shut down all global coal-fired power stations in five years. Can any sustainable supply be ramped up at the rate this would require?

OK, that's a bit of an arbitrary target, but let's see. Using figures from the REN21 Global Status Report 2012, and the IEA.

Coal was about 40% of global electricity, which was around 2500GW, so we'd be looking for about 1000GW of electricity.

PV has been increasing at about 70% a year. Wind at about 30% per year. And that's without global co-ordinated effort. What could be done with such an effort? Shall we double those rates? After all, this is as serious as a World War, and so merits the same sort of industrial response.

Global annual PV production capacity was around 60GW at the start of this year. Global annual wind production capacity was around 50GW or so (hard to be sure). Let's take a PV capacity factor of 15%, and a wind capacity factor of 30%, assuming most deployment in high-yield places. So that gives us a base figure of 9GW of extra electricity from PV, and 15GW from wind, for 2012. Let's see what could be produced for the five years 2013-2017, in terms of additional electricity (not capacity, but mean power) per year:

+GWePVWind
2012915
20132228
20145244
201512471
2016299113
2017717181

Total (2013-2017): +1627GW of additional electricity production

So that's easily met the 1000GW, before we've accounted for any extra hydro, and any conversion of coal plant to biomass.

So, it doesn't seem entirely unfeasible, at least at the level of generation.

And how much extra nuclear could we bring on board in that time, assuming planning and design started tomorrow? Well, in round figures, as close to zero as makes no odds. And would you really want anyone living on the same planet as a panic-built nuclear fleet anyway?

Now, maybe you've got additional questions about balancing. But that would need a systems model for the entire world, and that's a decent-sized research project (call it a million Euro, off the top of my head - please send a formal request for quotation to andrew at {my EuroTrib username} dot info ;-). The bottom line is probably going to be something about building a few million gigawatt-km of extra transmission infrastructure, and converting as much of the world's existing storage hydro to pumped-storage as possible, and maybe building a hundred GW of peaking gas plant). I don't yet know how to assess the feasibility of those things.

by LondonAnalytics (Andrew Smith) on Tue Sep 11th, 2012 at 03:46:55 PM EST
[ Parent ]
You probably know about this Finnish invention: Waveroller

You can't be me, I'm taken
by Sven Triloqvist on Tue Sep 11th, 2012 at 04:01:09 PM EST
[ Parent ]
Ooh, no, I didn't, and thank you. That looks interesting. Yes, I've excluded tidal barrage, tidal stream, wave, OTEC, osmotic power, and probably a few other things too. Of those, I wouldn't expect to see many new tens of gigawatts of them combined by 2017, even in a "global war on carbon" scenario. Geothermal and concentrated solar thermal might provide quite a few gigawatts of new electricity in such a scenario, though.
by LondonAnalytics (Andrew Smith) on Tue Sep 11th, 2012 at 04:53:42 PM EST
[ Parent ]
I think the actual build time of a nuke is a few years. The approval process can be lengthy, though...
by asdf on Tue Sep 11th, 2012 at 04:50:41 PM EST
[ Parent ]
oh yeah so we'll just ram 'em through without any planning or approval process. That'll work well. After all, we have all these armies sitting around doing nothing. They can just dig in on the perimeter of the construction sites.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Sep 12th, 2012 at 04:55:31 AM EST
[ Parent ]
Not to mention that the "actual build time" recently is more than just "a few years."

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Wed Sep 12th, 2012 at 06:34:36 AM EST
[ Parent ]
Wasn't there evidence that casting the metalwork needed for reactors was a significant bottle neck? You'd need a couple of years to build the systems required to build a lot of reactors, at least. Or you'd end up using more dangerous reactors.
by Colman (colman at eurotrib.com) on Wed Sep 12th, 2012 at 06:36:46 AM EST
[ Parent ]
Bloomberg: Samurai-Sword Maker's Reactor Monopoly May Cool Nuclear Revival (March 12, 2008)
From a windswept corner of Hokkaido, Japan's northernmost island, Japan Steel Works Ltd. controls the fate of the global nuclear-energy renaissance.

There stands the only plant in the world, a survivor of Allied bombing in World War II, capable of producing the central part of a nuclear reactor's containment vessel in a single piece, reducing the risk of a radiation leak.

Utilities that won't need the equipment for years are making $100 million down payments now on components Japan Steel makes from 600-ton ingots. Each year the Tokyo-based company can turn out just four of the steel forgings that contain the radioactivity in a nuclear reactor. Even after it doubles capacity in the next two years, there won't be enough production to meet building plans.

Much water under the river since early 2008...

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Wed Sep 12th, 2012 at 06:42:19 AM EST
[ Parent ]
Has there been an expansion of capacity?
by Colman (colman at eurotrib.com) on Wed Sep 12th, 2012 at 06:46:22 AM EST
[ Parent ]
In the middle of a depression?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Wed Sep 12th, 2012 at 07:05:06 AM EST
[ Parent ]
There are but a very few forges in the world which can make the unwelded containment vessels, i think. Current capacity was a half dozen a year, again, off the top of my head.

China and South Korea could indeed build more forges and ramp up the supply chain within five years. Then we'd be back to the original  blindness that the answer is staring us in the face, but we refuse to see it.

A healthy civilization would want its energy directly from the sun, distributed throughout society, period. Not with 400 million years of poison added on, not with ersatz suns created by a military-technical elite, not with the danger of a "whoops" hanging around for a few thousand years.

But what do eye know?

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Wed Sep 12th, 2012 at 06:49:50 AM EST
[ Parent ]
So that's a build time of five years plus a few years for a reactor, and producing enough of them to be useful could take twenty years? (Leaving aside the whole question of whether we should be building them at all.)
by Colman (colman at eurotrib.com) on Wed Sep 12th, 2012 at 07:00:19 AM EST
[ Parent ]
And by then we'll have clean fusion anyway ...
by Colman (colman at eurotrib.com) on Wed Sep 12th, 2012 at 07:00:48 AM EST
[ Parent ]
What, in 50 years' time?

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Wed Sep 12th, 2012 at 07:04:16 AM EST
[ Parent ]
No, that was 30 years ago.
by Colman (colman at eurotrib.com) on Wed Sep 12th, 2012 at 07:32:33 AM EST
[ Parent ]
Yeah, now it's more like 60 to 80.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Wed Sep 12th, 2012 at 08:17:50 AM EST
[ Parent ]
No, actually it has been 30-40 years. Constantly. And in 30 years it will still be at least 30 years away.
by Katrin on Wed Sep 12th, 2012 at 08:42:45 AM EST
[ Parent ]
Containment vessels are so 20th century...there will be no accidents in the glorious nuclear future...
by asdf on Wed Sep 12th, 2012 at 10:11:22 AM EST
[ Parent ]
Well, I was suggesting what was likely to happen, not what "should" happen...
by asdf on Wed Sep 12th, 2012 at 10:03:06 AM EST
[ Parent ]
There isn't the political will to build new nukes. Which politician would want to tie their future to nukes? I mean more than just Sunday speeches: advocate a plant at a given location where the population would have to be made not to oppose it. This campaign would depend on Tepco's ability to suppress the news. Fat chance of that. Every member of any local council would have to bear that in mind: their political career would be ended.

Even if we can conceive of a politician advocating a new nuke near a given village AND being successful at that: the costs. Nukes need a lot of subsidies, they can't be profitable. Who is to (successfully!) argue for these subsidies?

Forget nukes. They are politically dead. As much as I like to give arguments against them (because it is so dead easy and I am by nature lazy), it's not worth it. We are flogging a dead horse.

by Katrin on Wed Sep 12th, 2012 at 07:09:32 AM EST
[ Parent ]
i wish i were so sanguine...italy was about to roll over for them under burlesquoni.

thing is there's a split in the road coming up for big energy investment/subsidies, one leads to alternative/renewables, the other goes nuke.

germany has a spirited defence against them, so much so even merkel had to fake it, but the rest of europe.... i hope so.

energy costs being so fundamnetal to the sucess of any industrial efforts, no serious investments will happen here in europe until this is resolved, and the obstacle is the lobbying power from the enrgy cartel vested interests, who count on a passive, scared and ignorant public.

as you said upthread, the nuke road will need a police state to ram it down the public throat.

as renewables get cheaper every day, the dark side has to move soon, or the narrative will change too much and they will have lost the bet to nuclearise the planet, using global warming as cudgel to get 'er done.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Wed Sep 12th, 2012 at 08:11:08 AM EST
[ Parent ]
thing is there's a split in the road coming up for big energy investment/subsidies, one leads to alternative/renewables, the other goes nuke

Not true. There are no serious private investments in nukes, and public ones are decreasing rapidly. The old model of shifting costs and risks to the public, but privatising the profits no longer works for new plants.

The only interesting debate is what to do with old plants. They are written off, that makes them profitable. They clash with renewables though. So, do we want technological stagnation, and exponentially growing risk (from ancient nukes) or do we want innovation, investment in renewables, and a different structure of the producers (large entities or a network of small ones) and the corresponding grid?

by Katrin on Wed Sep 12th, 2012 at 08:40:21 AM EST
[ Parent ]
As I pointed out above, the balancing is less urgent. While you're doing your war-mode build-out of renewables capacity, you need a war-mode expansion of transmission infrastructure, but the balancing is provided by the fossil plants you're displacing. You don't need any new peaking gas plants, surely?

So, when you hit your target in terms of renewables capacity, and your fossil plants are only producing say 25% of the electricity they are producing today, you switch the war-mode effort to pumped storage etc... having done the planning carefully in the meantime of course.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Wed Sep 12th, 2012 at 05:01:01 AM EST
[ Parent ]
eurogreen, I agree with you when you write that:
the balancing is provided by the fossil plants you're displacing. You don't need any new peaking gas plants, surely?

But the challenge set by asdf was an end to all coal-electricity within five years. So, I took that to mean no balancing with coal either, at least for this extreme-test scenario.

Yes, you're right that it would be cheaper to have some coal for balancing, in a 10-15 year transition. And in reality, that's what's happening: fossil plants just run with lower capacity factors, and might spend much of the year in mothballs.

by LondonAnalytics (Andrew Smith) on Wed Sep 12th, 2012 at 06:49:43 AM EST
[ Parent ]
and even if we're still using existing plants less efficiently, the real goal of moving from poison is being accomplished. Under a "war-footing" we probably could eliminate coal within 5-10 years, but that would entail the enlightenment of an ignorant population, and the immediate germination of a new class of visionary politicians.


"Life shrinks or expands in proportion to one's courage." - Anaïs Nin
by Crazy Horse on Wed Sep 12th, 2012 at 07:00:37 AM EST
[ Parent ]
If the TPTB want to go the nuclear thorium route they should have started 10,15 years ago.  There isn't even a full size prototype working yet.
by tjbuff (timhess@adelphia.net) on Tue Sep 11th, 2012 at 10:23:45 AM EST
[ Parent ]
Hmm, an oceanographer speculating on energy policy.

I suppose we could have given him some credit if he had said something interesting about marine energy. But as it is ...

by LondonAnalytics (Andrew Smith) on Tue Sep 11th, 2012 at 05:53:15 AM EST
[ Parent ]
IPS - Kyoto Protocol May End With the Year | Inter Press Service

As government negotiators from the world's poorest countries ended a round of United Nations climate change talks in the Thai capital, they sounded a grave note about what appears imminent when they assemble in November in Doha - the reading of the last rites of the Kyoto Protocol.

"We are concerned that the environmental integrity of the Kyoto Protocol, which is the only international treaty that binds developed nations to lower (greenhouse gas) emissions, and thus our lone assurance that action will be taken, is eroding before our eyes," declared a statement released by the Alliance of Small Island States (AOSIS), the Least Developed Countries (LDCs) and the Africa Group, which represent over a billion people vulnerable to the ravages of extreme weather.

Such concern about the fate of the Kyoto Protocol in the capital of Qatar, where negotiators from over 190 countries will gather for a U.N. climate summit, is with reason. The upcoming 18th conference of the parties (CoP 18) will be the last meeting before the clock runs out on Dec. 31for the world's industrialised countries to meet their initial, legally-binding greenhouse gas emission reduction targets and to announce new legally binding cuts for the second period as 2013 dawns.

But as analysts who followed the week-long talks in Bangkok noted, the world's richer nations appear determined to walk away from the leadership they have been expected to demonstrate under the Kyoto Protocol, the 1997 treaty, which entered into force in 2005 after nearly a decade of negotiations.

Under the Kyoto Protocol, a cornerstone of the U.N.'s international climate change architecture - the Framework Convention on Climate Change (UNFFC) - the world's 37 industrialised nations and the European Union (EU) pledged to reduce their greenhouse gases by five percent, measured against 1990 levels by the end of 2012, when the first phase of the protocol ends.

During the climate talks here, which ran from Aug. 30 to Sept. 5, the "Annex 1 countries" as the bloc of industrialised countries are dubbed under the Kyoto Protocol, offered little hope to the developing world that the talks will produce new, legally binding emission cuts that are higher than the prevailing five percent to cover a period from 2013-2020.

"The negotiations for the Kyoto Protocol need to be concluded successfully, and that means having the second commitment period in place by the Doha CoP," says Martin Khor, executive director of the South Centre, a Geneva-based intergovernmental policy think tank of developing countries. "It was meant to be revealed at the last Cop in Durban, but it was postponed by a year.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:11:04 PM EST
[ Parent ]
Global carbon trading system has 'essentially collapsed' | Environment | guardian.co.uk

The world's only global system of carbon trading, designed to give poor countries access to new green technologies, has "essentially collapsed", jeopardising future flows of finance to the developing world.

Billions of dollars have been raised in the past seven years through the United Nations' system to set up greenhouse gas-cutting projects, such as windfarms and solar panels, in poor nations. But the failure of governments to provide firm guarantees to continue with the system beyond this year has raised serious concerns over whether it can survive.

A panel convened by the UN reported on Monday at a meeting in Bangkok that the system, known as the clean development mechanism (CDM), was in dire need of rescue. The panel warned that allowing the CDM to collapse would make it harder in future to raise finance to help developing countries cut carbon.

Joan MacNaughton, a former top UK civil servant and vice chair of the high level panel, told the Guardian: "The carbon market is profoundly weak, and the CDM has essentially collapsed. It's extremely worrying that governments are not taking this seriously."

The panel said that governments needed to reassure investors, who have poured tens of billions into the market, by pledging a continuation of the system, and propping up the market by toughening their targets on cutting emissions, and perhaps buying carbon credits themselves.

Governments have a last chance to restore confidence in the system when they meet in Qatar this December to discuss climate change. But few participants hold out any hope that they will agree to toughen their 2020 emissions targets, which are scarcely even on the agenda. Instead, governments are focusing on drawing up a new climate change treaty by the end of 2015, which would stipulate emissions cuts for the period after 2020.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:12:00 PM EST
[ Parent ]
Major Companies Quietly Reducing Emissions and Saving Money - Bloomberg

A federal carbon cap-and-trade program is dead for the foreseeable future. So is a once-promising national clean energy standard.

With climate policy paralyzed in Washington, a number of leading U.S. corporations are going it alone, squeezing big reductions of climate-changing emissions from their operations and supply chains. With stakeholder criticism and other pressures building, more and more are also releasing rigorous climate data in their financial reports and enlisting third-party firms to make sure it is accurate.

"We do it because it makes good business sense--whether it's top of the fold [politically] or not," said Wayne Balta, vice president of corporate environmental affairs and product safety at IBM.

The world's biggest computer services provider is on track to slash its electricity use by 20 percent by the end of this year from 2008 levels. It will also cut its energy-related greenhouse gas emissions by 16 percent from 2005 levels--four percent above its original goal. Earlier this year, the firm won one of the U.S. Environmental Protection Agency's first-ever Climate Leadership Awards.

Balta said that key to those reductions were efficiency upgrades in more than 360 buildings and data centers, which were achieved with the help of 40 full-time energy management professionals. He would not say how much the climate initiatives cost.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:12:31 PM EST
[ Parent ]
It's the EU's carbon trading system, which backstops the UN system and defines carbon prices, which is broken, and it can be revived easily enough.

Like just about everything else, the system was predicated on unbroken economic growth. At the slightest downturn, the price of carbon takes a nosedive as big industry slows down. No mechanism exists to take the surplus carbon allowances off the market. The EU can either decide to move on this, in the next couple of months, or it's game over.

The efficacy of the carbon market, when it works, can be illustrated by the pair of graphs on page 61 of this document (pdf). It compares electricity generation by technology in April 2011 and April 2012. It illustrates the merit order effect, with coal taking market share from gas, with lower carbon costs tipping the balande.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Tue Sep 11th, 2012 at 04:46:32 AM EST
[ Parent ]
BBC News - More planets could harbour life

New computer models suggest there could be many more habitable planets out there than previously thought.

Scientists have developed models to help them identify planets in far-away solar systems that are capable of supporting life.

Estimates of habitable planet numbers have been based on the likelihood of them having surface water.

But a new model allows scientists to identify planets with underground water kept liquid by planetary heat.

The research was presented at the British Science Festival in Aberdeen.

Water is fundamental for life as we know it.

Planets too close to their sun lose surface water to the atmosphere through evaporation.

Surface water on planets located in the more frigid distant reaches from their sun is locked away as ice.

The dogma was, for water to exist in its life-giving liquid form, a planet had to be the right distance from its sun - in the habitable zone.

As Sean McMahon, the PhD student from Aberdeen University who is carrying out the work explained: "It's the idea of a range of distances from a star within which the surface of an Earth-like planet is not too hot or too cold for water to be liquid.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:12:57 PM EST
[ Parent ]
As we continue to degrade the habitable nature of this planet, our standards for what constitutes a habitable planet elsewhere will also degrade. Ceti Alpha V will look pretty good after a while.
by Andhakari on Tue Sep 11th, 2012 at 02:12:23 AM EST
[ Parent ]
Good news.

We'll be needing a new one soon.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Sep 11th, 2012 at 05:01:29 AM EST
[ Parent ]
That will be only for the 1%...

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 05:14:31 AM EST
[ Parent ]
I'll lift a point from Stark and claim that living with only 1%-ers will not be so pleasant as the 1%-ers might think.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Tue Sep 11th, 2012 at 07:19:03 AM EST
[ Parent ]
They won't know any better. Reminds me of the only hamburger I ever bought at a Burger King back in 1969 ...  my HS friend Donny suggested I try one. For 69 cents ... tasted great, huge. So today's people who buy those same burgers today for $3 - $4 don't know what they're missing.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:41:44 AM EST
[ Parent ]
Russian nuclear energy corporation keen to work on Polish plant - Thenews.pl :: News from Poland
The Russian Federation's state nuclear energy corporation Rosatom hopes to win a contract to help realise a prospective nuclear plant in Poland.

"Rosatom wants to participate in the tender for the construction of a nuclear power plant in Poland," Sergei Boyarkin, engineering projects manager at Rosatom, told the Polish Press Agency.

Boyarkin revealed his hopes at the XX Economic Forum in Krynica, southern Poland.

"If Poland launches a tender, we are ready to present our offer, but we are waiting for the conditions of the tender," Boyarkin said.

The current Polish government is aiming for a nuclear plant to be built by 2023.

Four Polish state-controlled companies signed a preliminary deal on Wednesday, agreeing to share the brunt of the costs of construction of the plant (PGE, Tauron, KGHM and Enea).

However, it is unlikely that the general contractor for the construction will be appointed before 2014. French and American companies have also voiced an interest.

Meanwhile, although a short-list of potential sites for a nuclear power plant was presented in November 2011, the ultimate location has not been confirmed.

The three prospective locations are all near the Baltic Sea - in Mielno, Zarnowiec and Choczewo, although the government faces potential stumbling blocks in winning over public opinion.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:18:45 PM EST
[ Parent ]
Five reasons Glencore/Xstrata mega-merger is important | Phillip Inman | Comment is free | guardian.co.uk

Like former Barclays chief executive Bob Diamond, the bosses of Glencore and Xstrata are a breed apart. These mining and commodities trading giants, which are in the midst of a £37bn merger, have ridden an extraordinary boom in demand over the last 10 years and creamed off much of the profits for themselves and their shareholders.

Based offshore and paying little tax, Glencore orchestrates a business that few people would understand, least of all politicians who must judge whether the merger creates a monopolistic industry. Exotic derivatives and super-fast computer systems are deployed to maximise profits. Like the bankers, commodities traders argue their sophisticated systems enhance the smooth working of market capitalism. For those not in the habit of reading business pages, here are five reasons why you should care about this merger.

1. Pay and wealth

Bankers once enjoyed the salaries and bonuses commanded by mining company bosses. Mick Davis, the Xstrata chief executive, is already the best paid boss in FTSE 100, taking home £18.5m last year. Until last week, when the merger was still friendly, he was due to receive a £30m golden handcuff to keep him at his desk. Now Glencore boss Ivan Glasenberg, who owns a £5bn stake in his company, has performed an extraordinary U-turn. He has upped his offer for Xstrata and made Davis's exit a condition of the deal, though Davis will likely leave with £8m in cash and £38m in shares.

The two men are well known to each other. Davis and Glasenberg met at the University of Witwatersrand in South Africa and decided to cement their already strong business relationship into a merger of the two companies over a dinner in London last December.

2. Food

Droughts and floods have damaged this year's food harvest, though conflicting reports of the overall effect on global stocks often make it difficult to fathom the shortfall.

Nevertheless, foodstuff prices are already up more than 20% since the spring and trading is frantic as a glut of panicky stories flood the media. Soybean prices are above the peak reached in the last food crisis in 2008.

Glencore has grown over 20 years to be one the biggest food traders in the world, dominating the trade in wheat, maize and barley, edible oils and sugar. The head of Glencore's food trading business created a storm when he said last month that the chronic drought affecting the US midwest would be "good for Glencore" because it would be able to exploit soaring prices.

Read in whole...

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:25:43 PM EST
[ Parent ]
I think Europe needs to ask serious questions about the corporate governance of companies based in Switzerland.

Tax is a big issue too, but there's an ongoing record of corruption involving organisations based there and Europe needs to end that immunity.

by Metatone (metatone [a|t] gmail (dot) com) on Tue Sep 11th, 2012 at 04:58:12 AM EST
[ Parent ]
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 03:08:20 PM EST
Acupuncture Relieves Pain in Largest Study of Treatment - Bloomberg

Acupuncture, an ancient Chinese therapy that inserts needles into the body, reduced back and neck pain, arthritis and headaches, according to the largest analysis of the treatment.

Data compiled from 29 studies of almost 18,000 people found that acupuncture was better at relieving pain than not having the treatment at all or undergoing a sham procedure, according to research reported in the Archives of Internal Medicine today.

About 3 million U.S. adults get acupuncture each year, mostly for chronic pain, the authors wrote. Doctors don't know why the ancient Chinese therapy can help relieve pain and more studies are needed to determine how the treatment fits with remedies such as drugs, surgery and physical and behavioral therapy, said Andrew Vickers, the lead author of the analysis.

"We thought for a long time that the reason why acupuncture worked was just because people believed it work," Vickers, a researcher at Memorial Sloan-Kettering Cancer Center in New York, said in a Sept. 7 telephone interview. "We now know that the effect of acupuncture goes above and beyond the placebo effect. Acupuncture is a reasonable option for chronic pain."

Traditional Chinese medicine explains acupuncture as a technique for balancing the flow of energy in a person's body, according to the Mayo Clinic. Inserting needles into specific points along pathways in the body changes the flow.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:28:06 PM EST
[ Parent ]
Will Austrian conscription get marching orders? | Europe | DW.DE | 07.09.2012

Austria is to hold a referendum on whether to abolish its long tradition of compulsory military service for young men. But there's little public or political consensus on the issue.

Austria's Defence Minister, Norbert Darabos, wants a professional army made up of well paid volunteers rather than poorly paid conscripts.

"The questions should be put: Professional army - yes or no. Retaining general conscription - yes or no. In my opinion that's sufficient," said Darabos.

But many disagree with the minister including most of the army's top brass. In fact, the chief of staff is in open conflict with the minister on the issue. Author and defence expert Conrad Seidl says the Bundesheer, as the army is called, is mostly happy with the status quo.

"The Bundesheer has a long tradition," says Seidl. "For over 50 years now they have had a conscript system, and a large part of the Austrian military is composed of reserves or, as we call them, militias

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:28:08 PM EST
[ Parent ]
New York officials locked in row over 9/11 museum costs and control | World news | guardian.co.uk

New York officials were locked in negotiations Monday in a last-ditch attempt to break the deadlock that has delayed the building of the ground zero memorial museum ahead of the 11th anniversary of 9/11.

Parties to the talks were hopeful that a deal could yet be done ahead of Tuesday's anniversary ceremony in order to avoid yet another embarrassing chapter in the rebuilding of ground zero.

The current dispute between funding parties has pushed back the opening of the museum, which is conceived as the memorial heart of the 16-acre site, until 2014 - fully five years after it was initially meant to be completed.

Family members of some of the victims of the 9/11 attacks, who have been involved in designing the museum, said they were reaching the end of their patience. Ten of the 40 seats on the board of the September 11 foundation, which controls the memorial and museum, are taken by victims' family members.

"Family members are very sad that politics have got in the way of building this museum. If a deal isn't reached many of us will be speaking out about it," said Christine Ferer, a board member who lost her husband, Neil Levin, on 9/11.

Ferer, whose husband was the executive director of the port authority of New York and New Jersey, said that the current dispute paradoxically arose from an attempt by politicians on the port authority to wrest control of the museum away from the September 11 foundation. "The foundation is a private body that raised $450m to build the museum - it is not appropriate for government bodies to try and control it."

The disagreement has led to work on the memorial museum to be suspended for the past nine months. It has also pitted some of the most powerful political figures in the US north-east against each other.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:28:10 PM EST
[ Parent ]
BBC News - Men arrested hiding loris in underwear at Delhi airport

Three men have been arrested in Delhi for trying to board a flight with small primates hidden in their underwear.

Two of the men were found with slender lorises concealed in pouches in their briefs, a customs official at Indira Gandhi International Airport told the BBC.

The men were transit passengers, en route to Dubai from Bangkok.

The animals were uncovered when security guards noticed a bulge in their underwear during a frisk.

The Press Trust of India reported that one of the lorises was 7in (17.8cm) in length.

The condition of the animals was "OK, but deteriorating" according to the official, who declined to be named.

They have been transferred to the Delhi-based organisation People For Animals, which said the lorises were being treated in hospital.

Photographs of the lorises sent to the BBC by the hospital show the red-coated creatures inside an animal transit box lined with newspaper. Popular pet

Lorises, which are nocturnal and carnivorous primates, are native to parts of South Asia and South East Asia, and live in tropical forest areas.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:28:19 PM EST
[ Parent ]
Is that a loris in your pocket or...

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II
by eurogreen on Tue Sep 11th, 2012 at 04:55:22 AM EST
[ Parent ]
Suburban Lions Present a Conservation Conundrum in Africa - NYTimes.com
The lioness lay sleeping in the bed of a dark green pickup, her eyes covered with a soft blue cloth, as a veterinarian in camouflage stood over her. "Ni kubwa!" he said in Swahili: "She's big!"

 She was in fact surprisingly fat, fluffy and young. Surprisingly because she had been living in the suburbs of Nairobi for at least four months, and it was hard to believe she was so fit and healthy.

And hard to believe that she was actually captured. Tranquilizing a wild large carnivore is always stressful, and these were hardly the best circumstances. Cornered by one of my dogs at 6:30 that morning, she was protecting a trio of 2-month-old cubs in thick bushes at the bottom of my property.

It took 12 rangers and 3 vets from the Kenya Wildlife Service -- aided by two Land Cruisers, a pickup and a tractor -- more than six hours to dart her and capture the cubs by hand. The small, swarming crowd of onlookers, many taking pictures on their phones, did not make things easier.

As difficult and exciting as capturing the lions was, a more imposing question now loomed: What do you do with them?

The vision of lion prides roaming endless African savannas, unaffected by people, is a romanticized image that survives in just a few very large protected areas. Lions play important roles in ecosystems and bring in millions of dollars from safari tourism, but they are hard to live with and potentially very dangerous.

The African lion is listed as a threatened species by the International Union for the Conservation of Nature. Only 20,000 to 40,000 wild lions remain, in just 20 percent of the historical range of the species.

As the human population continues to grow rapidly here, rates of conflict with lions and other wildlife are growing too. These conflicts are a great threat to carnivores in Africa, and how they are managed will determine the fate of the lion in Kenya.

Unfortunately, we know very little about suburban wildlife in Africa. Large carnivores that make their way into urban or suburban areas are often quickly killed by vehicles or people -- leaving no time to study them. Or as the biologist Craig Packer at the University of Minnesota bluntly puts it, "Usually, urban carnivores are encountered as road kills."

Dr. Packer, the director of the Serengeti Lion Project, a long-running study of lions in Tanzania, agrees with other experts that the best solution for lions like the ones captured in my yard may be euthanasia -- despite the lion's threatened status. The reasons are rooted in geography and fundamental aspects of lion biology.

My neighborhood, Mukoma Estate, is a partly forested, developing suburb on the south side of Nairobi. It is immediately west of Nairobi National Park, about 45 square miles of partly fenced grassland and forest less than five miles from the central business district of a city of more than three million people. Long-term residents recall lions moving through Mukoma in the past; baboons, warthogs and a leopard still call Mukoma home.

Successful urban carnivores include coyotes, foxes, raccoons and badgers -- smaller animals with generalist diets that allow them to eat just about anything. But lions, weighing 240 to 600 pounds and eating only meat, certainly do not meet these criteria; the Mukoma lions were a direct threat to people, and they killed numerous warthogs, several dogs and goats, and two young giraffes.

But it is unlikely that they were lured here by the availability of such prey. From limited monitoring by the group Friends of Nairobi National Park, Dr. Packer says that lionesses are probably living and having cubs outside the park because there is a large lion population inside it -- including a number of adult males that pose a risk of infanticide.

"If lions are indeed at high density within the park," said Laurence G. Frank of the Museum of Vertebrate Zoology at the University of California, Berkeley, and the Kenyan research group Living With Lions, "as long as she can get through the fence, she is likely to move the cubs back out. This situation is likely to arise again in the near future, creating an ongoing management problem and continuing threat of someone being killed or injured." So returning the lioness and her cubs to the park was not a solution.

Human-lion conflict occurs often in more rural settings, and people are advised to not kill carnivores or they will face prosecution. Thus, under pressure to "not kill any lions themselves," Patrick Omondi, head of species conservation at the Kenya Wildlife Service, told me that the captured lions were taken to Meru National Park, about 200 miles northeast of Nairobi.

Carnivore biologists collectively cringed. Again, Dr. Packer put it bluntly: "Sending them to Meru is a death sentence."  The technique, translocation, is an important tool for the management of carnivores in networks of intensively managed, fenced reserves, as in South Africa. But such a network does not exist in Kenya, and moving lions that are known livestock killers only shifts the problem to another area.

In addition, lions are highly territorial, and do not welcome newcomers. "The great majority of people are not aware of the true consequences of translocating carnivores, and just assume that it is the `kind' thing to do," Dr. Frank said. "Translocating a lion kills it slowly and cruelly, but out of sight.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:39:31 PM EST
[ Parent ]
Nomad:
Cornered by one of my dogs at 6:30 that morning, she was protecting a trio of 2-month-old cubs in thick bushes at the bottom of my property.

Well, certainly the author doesn't think building a suburb in the middle of a wildlife habitat is relevant to the problem.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Tue Sep 11th, 2012 at 06:27:54 AM EST
[ Parent ]
Everywhere was wildlife habitat once

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Sep 11th, 2012 at 08:43:57 AM EST
[ Parent ]
European Parliament: Hearing of ECB executive board candidate Yves Mersch postponed (07-09-2012)
Explaining the decision Sharon Bowles (ALDE, UK), Chair of the Economic and Monetary Affairs Committee said:
"On Thursday a decision was taken by the coordinators of the Economic and Monetary Affairs Committee to postpone the hearing of Yves Mersch, candidate for a post on the ECB's executive board, after it became evident that no female candidate had been considered for the position before the official Council recommendation was made.

The committee has raised its concerns on lack of gender balance on the ECB Board and Governing council this for a long time. There is now not even a single woman sitting on the main board of what is one of the most powerful and essential institutions in the EU.  The symbolic and practical effects of this absence are not without note.



If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 04:05:23 AM EST
[ Parent ]
by Nomad (Bjinse) on Mon Sep 10th, 2012 at 03:08:24 PM EST
British-designed skyscraper resembles big pants, say angry Chinese - Telegraph

It was billed as China's answer to the Arc de Triomphe -- a spectacular £445m British-designed skyscraper paying homage to the Asian country's turbo-charged economic rise.

 But even before the 74-storey Gate to the East is complete it has come under attack from critics who compare it not to the famous Parisian war memorial but to a pair of "giant underpants".

Located in Suzhou, 45 miles west of Shanghai, the 270 yard-high skyscraper is the work of British architecture practice RMJM, founded in Edinburgh in 1956 by Sir Robert Matthew and Stirrat Johnson-Marshall.

According to the company bankrolling the project, Suzhou Chinaing Real Estate Co, the Gate to the East will be completed later this year becoming the largest gate-shaped structure in the world.

by Nomad (Bjinse) on Mon Sep 10th, 2012 at 07:43:00 PM EST
[ Parent ]
it is spectacularly graceless... i guess they could put a levi's logo on it.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
by melo (melometa4(at)gmail.com) on Mon Sep 10th, 2012 at 08:04:23 PM EST
[ Parent ]
There are plenty of opportunities here for "improvement." One need not list the more obvious cases...
by asdf on Mon Sep 10th, 2012 at 10:52:16 PM EST
[ Parent ]
For example...

by asdf on Mon Sep 10th, 2012 at 10:53:55 PM EST
[ Parent ]
Looks like the bottom half of a robot, to me, with Frankenstein-like feet.

'tis strange I should be old and neither wise nor valiant. From "The Maid's Tragedy" by Beaumont & Fletcher
by Wife of Bath (kareninaustin at g mail dot com) on Tue Sep 11th, 2012 at 12:25:16 AM EST
[ Parent ]
Build another similar arch adjoining it, paint the whole thing yellow, and wow - a triumphant symbol of global Type 3 diabetes. (Yes, that's what some researchers are calling Alzheimer's now*)

*Admittedly this information comes via Geo Monbiot

You can't be me, I'm taken

by Sven Triloqvist on Tue Sep 11th, 2012 at 04:34:25 AM EST
[ Parent ]
And now I can't get this image out of my mind:

Captain Underpants to the rescue!

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Tue Sep 11th, 2012 at 04:51:55 AM EST
[ Parent ]
Could be improved with a loris or two.
by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Sep 11th, 2012 at 05:07:56 AM EST
[ Parent ]
Salon: Ohioans confused about bin Laden's death
According to a PPP poll of likely Ohio voters, 15 percent of Republicans in Ohio think Romney is "more responsible" for bin Laden's death than Obama, while 47 percent of Republicans are "not sure" whether Obama or Romney deserves more of the credit.
Clearly if Romney hadn't been hot on Obama's heels Obama woulnd't have found the oomph to kill Osama.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Carrie (migeru at eurotrib dot com) on Tue Sep 11th, 2012 at 02:04:29 AM EST
[ Parent ]
Clearly Ohio is a very fucked-up place.
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Sep 11th, 2012 at 03:15:44 AM EST
[ Parent ]
And they're not alone.

They tried to assimilate me. They failed.
by THE Twank (yatta blah blah @ blah.com) on Tue Sep 11th, 2012 at 07:47:32 AM EST
[ Parent ]


Display:
Go to: [ European Tribune Homepage : Top of page : Top of comments ]