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250,000 jobs and £70bn revenue - the forecast for a thriving UK renewables sector
Study from the Carbon Trust warns that potential of renewables sector will only be realised if government invests in research and removes regulatory barriersThe UK could benefit from 250,000 jobs and up to £70bn in revenue from offshore wind and wave technologies by 2050, according to a study by the Carbon Trust. This potential will only be realised, however, if the government gives clear signals to industry, so that investors know where to put their money, rather than leaving new technologies to face the market alone.The Carbon Trust, a government-backed agency that studies ways to promote low-carbon technologies, carried out economic analyses in six areas of low-carbon industry including offshore wind, wave, solid-state lighting and micro combined heat and power.The studies, published today, looked at the current status and costs of the technology, how these would develop and what research and development costs there might be in the coming decades.The studies for offshore wind and wa
Guardian

UK urged to catch renewables wave
Study from the Carbon Trust warns that potential of renewables sector will only be realised if government invests in research and removes regulatory barriersThe UK could benefit from 250,000 jobs and up to £70bn in revenue from offshore wind and wave technologies by 2050, according to a study by the Carbon Trust. This potential will only be realised, however, if the government gives clear signals to industry, so that investors know where to put their money, rather than leaving new technologies to face the market alone.The Carbon Trust, a government-backed agency that studies ways to promote low-carbon technologies, carried out economic analyses in six areas of low-carbon industry including offshore wind, wave, solid-state lighting and micro combined heat and power.The studies, published today, looked at the current status and costs of the technology, how these would develop and what research and development costs there might be in the coming decades.The studies for offshore wind and wa
Guardian

Prime Capital Services improperly targeted seniors, regulators allege
U.S. Securities and Exchange Commission administrative complaint that alleges that they and other representatives of a New York-based firm fraudulently lured senior citizens to purchase unsuitable var...
Canadastandard.com

LGBT Legal And Advocacy Groups Decry Obama Administration`s Defense of DOMA
We are very surprised and deeply disappointed in the manner in which the Obama administration has defended the so-called Defense of Marriage Act in a brief filed today in Smelt v. United States, a lawsuit brought in federal court in California by a married same-sex couple asking the federal government to treat them equally with respect to federal protections and benefits. The administration is using many of the same flawed legal arguments that the Bush administration used. These arguments rightly have been rejected by several state supreme courts as legally unsound and discriminatory.
aclu.org

Bank profits were due to `luck, not skill`
The superior performance of the financial services sector in the years leading up to the credit crisis was almost entirely due to luck rather than skill, and banks increasingly gambled on luck in a bid to keep up with their peers, a senior Bank of England official said
FT

James Asher Elected Hearst Trustee
NEW YORK James M. Asher, senior vice president, chief legal and development officer, and board member of Hearst Corporation, has been elected one of the 13 lifetime trustees of the Hearst Family Trust.
Topix.net

Turkey plans to restart work on controversial dam project
Turkey today announced plans to resume a controversial £1bn dam project in the face of environmental protests that it would displace thousands of people, destroy habitats and drown priceless archaeological treasures.The environment minister, Veysel Eroglu, said work on the Ilisu hydroelectric dam on the Tigris river in south-east Turkey would restart after a six-month funding suspension ends next week.The announcement disappointed campaigners who believed that the project had suffered a potentially fatal blow last December, after German, Swiss and Austrian institutions announced they were withholding finance because fears about the dam's environmental and social impact had not been addressed. The governments agreed that 150 World Bank conditions on the environment, heritage sites, neighbouring states and human relocation must be met.Turkey's government argues the dam - which is planned to generate 1,200MW of electricity - is an essential part of a £19.3bn plan to bring economic prospe
Guardian

US seeks to clamp down on pollution from major ships
Washington - The United States will impose tougher fuel and engine standards on ocean-bound US ships, the Environmental Protection Agency (EPA) announced Wednesday in its latest effort to curb air pollution and protect the country's coastal regions. ...
Earth Times

Indonesia gets debt relief for preserving Sumatran forests
The United States has agreed to cut what Indonesia owes Uncle Sam by nearly $30 million over eight years in exchange for increased protection of Sumatran forests that are home to endangered rhinos, tigers and orangutans. [More]
Scientific American

Minnesota Supreme Court Decides in Favor of Al Franken
Sarah Janecek of Politics in Minnesota discusses the state supreme court's decision in favor of seating Al Franken in the U.S. Senate and not opponent Norm Coleman. Janecek will offer her thoughts on the contentious election, the expectations for Franken, what's next for Coleman and more.
Washington Post

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