The knowledge of a 1970s and 1980s taught us that if a record is commercially viable, afterwards supervision support is not indispensable and if a record is not commercially viable, no volume of supervision support will make it so.
Thus resolved MIT scholars Thomas Lee, Ben Ball, Jr. and Richard Tabors in their 1990 book Energy Aftermath, a retrospective on appetite process “blunders” of a 1970s and ’80s. How many mischief might have been averted in new decades had House and Senate manners compulsory a recitation of those difference during a start of every debate on appetite policy?
The same pithy, big-picture clarity came by yesterday during a Senate Finance Committee’s conference on “Reforming America’s Outdated Energy Tax Code.” we praise in sole a testimonies of Heritage Foundation economist David Kreutzer and former Republican Senator Don Nickles of Oklahoma. Below are some excerpts from Sen. Nickles’s testimony. (Subtitles are mine.)
Best Energy Tax Reform Is Pro-Growth, Non-Discriminatory, General Tax Reform
My primary summary during that conference dual years ago was that, if we do taxation remodel correctly, there would be no reason to reason another “energy” taxation hearing, because a reformed taxation formula should provide appetite companies and a products they furnish only like everybody else. No subsidies, and no penalties. If a taxation code we digest encourages investment, lowers a corporate rate, and embraces a simplified territorial system, U.S. appetite companies will develop along with all other companies.
Don’t Renew a Wind PTC
I determine with [House Ways and Means] Chairman [Dave] Camp that a few of those supplies – quite those that inspire investment like reward depreciation and tiny business expensing – should be done permanent. Others, such as a breeze prolongation taxation credit (wind PTC) should sojourn expired. Fellow Oklahoman Will Rogers said, “All supervision programs have 3 things in common: a beginning, a mess-up and no ending.” Perhaps a best instance of this is a breeze PTC.
The breeze PTC is an overly‐generous funding ancillary a mature attention that has stretched ten‐fold in a final decade and now accounts for over 60,000 megawatts of commissioned epoch capacity. It is an attention that also advantages from a renewable portfolio customary charge in 29 states and a District of Columbia, and that will serve advantage from President Obama’s assertive regulatory bulletin on existent and new appetite plants. The breeze PTC’s 2.3‐cent-per‐kilowatt funding is 30‐to‐50 percent of a normal indiscriminate cost of electricity in many regions of a country. And as my crony Congressman Mike Pompeo (R‐KS) recently forked out, a breeze PTC has been around prolonged adequate – twenty‐three years – that it is aged adequate to drink.
In fact, Mr. Chairman, a breeze PTC is so inexhaustible that in tools of a nation where electricity is bought and sole in indiscriminate markets, breeze developers will actually compensate a marketplace to take their appetite given they can't differently collect a subsidy. This absurd conditions is murdering base‐load spark and chief power in those regions given they can't means to give their product away.
Subsidies like a breeze PTC are inherently political, though we consternation how many members of this cabinet know that a few weeks ago a IRS expelled regulations that dramatically stretched that windmills validate for a credit? When Congress final renewed a credit, they altered a effective date to contend that anyone who started construction of their breeze devise by a finish of 2013 could validate for a ten‐year subsidy. Originally, a IRS easily interpreted “beginning construction” to be met if a developer spent a small 5 percent of a sum devise costs – frequency a high bar.
However, apparently even that was not generous adequate for a President’s friends in a breeze industry, so in Aug a IRS lowered a threshold to 3 percent (IRS Notice 2014‐46). we would inspire this cabinet to ask a IRS that breeze projects and that companies benefited from this regulatory generosity, as good as where those companies are domiciled.
My former colleagues, a breeze PTC has been around for twenty‐three years, and projects that competent underneath a President’s new regulations will continue receiving a credit until 2024! Please save a American taxpayer $13 billion and let a breeze PTC sojourn expired.
Penalizing Oil Gas Companies Is not Tax Reform (stop repeating Carter epoch mistakes!)
As we formerly mentioned, a scrupulously reformed taxation formula also should not reprove appetite companies or their products. That is a summary that has clearly been lost on this President, who has year after year asked Congress to boost taxes on domestic oil and gas companies given he does not like their products. we originally ran for a Senate given we wanted to retreat President Carter’s appetite policies that were antagonistic to domestic appetite production, picked winners and losers, and mutilated competition. Today we see a stream President seeking to repeat many of a appetite and taxation process mistakes of a Carter era.
We are experiencing a vital rebirth in a domestic oil and gas industry, Mr. Chairman. The International Energy Agency predicts that a U.S. will be a world’s series one writer of oil by 2015. In 2013 we reduced a imports of oil by 15 percent and of healthy gas by 32 percent. Our exports of refined products have augmenting 60 percent given 2010 and we are now a world’s largest total writer of oil and healthy gas.
When a President initial due his appetite taxation increases in 2009, a domestic oil and gas attention was investing $232 billion. Last year a attention invested $322 billion, a 40 percent increase. This attention is a resplendent light in a differently muted economy, though if a President’s proposals had been enacted that extraordinary expansion would have been threatened.
The President’s punitive proposals embody denying oil and gas companies a Section 199 prolongation reduction that all other manufacturers receive. In fact oil and gas companies already accept a smaller advantage than all other manufacturers, though a President believes even that should be taken away. He would also dramatically boost a cost of exploring and drilling by augmenting a liberation duration unsubstantial drilling costs. IDC’s are a typical and required business losses of this industry, Mr. Chairman, and they should sojourn immediately deductible. And a President would also like to reprove U.S.‐based oil and gas companies and waste them relations to their unfamiliar competitors by denying them a credit for taxes paid to unfamiliar governments.
Known as a “dual capacity” provision, this offer would means U.S. companies to be double‐taxed and would be waste them as they contest to win access to oil and gas prolongation projects all over a world.
I positively do not determine with each aspect of Chairman Camp’s plan, though we admire his bravery and a extensive volume of work he and his staff put into a effort. With courtesy to appetite taxes, we consider Chairman Camp got some-more right than wrong. He would finish targeted renewable subsidies like a breeze PTC, and safety critical cost liberation mechanisms like expensing of unsubstantial drilling costs. He repeals a Section 199 prolongation reduction for everybody – not only oil and gas – given they all advantage from a reduce corporate rate. And his territorial general taxation complement would not double‐tax U.S. oil and gas companies.
Unfortunately, a appetite taxation remodel and cost liberation contention drafts expelled by Chairman Baucus before he left a Senate we fear conduct mostly in a wrong direction. Those contention drafts would need unsubstantial drilling costs and other company’s RD losses to be amortized over 60 months. Companies need to be means to responsibility these costs in a year incurred. Senator Baucus’ contention drafts also took a breeze PTC and put it on steroids, formulating a everlasting funding for renewable electricity formed on CO content. we would inspire a cabinet to reject this nonessential and costly proposal.
Mr. Chairman and members of a committee, we all know that a uncompetitive taxation formula is badly in need of repair. The Tax Foundation just this week published a new metric that measures a grade to that a 34 OECD countries’ taxation systems foster competitiveness. At a tip of a list was Estonia, with a 21 percent corporate rate and no double taxation of division income. The U.S. ranked a miserable 32 out of 34, only hardly circumference out France and Portugal for a slightest rival taxation system. Further skewing a taxation formula to foster renewables during a responsibility of normal appetite resources will do nothing to make us some-more competitive.
The Messenger @ September 19, 2014
(a) Schematic of a DBD-plasma irradiation of an synthetic lipid bilayer membrane. (b, c) Fluorescence images of a lipid bilayer surface (b) before and (c) after a plasma irradiation.
Acidic and radical class generated by plasma initial entrance a plasma membrane, a utmost covering of a cell. However, it is misleading how these plasma-induced class impact and/or interfuse plasma membranes.
Here, Ryugo Tero, Yoshiyuki Suda and colleagues during Toyohashi University of Technology news a effects of windy plasma irradiation on an synthetic plasma surface complement (“Plasma irradiation of synthetic dungeon surface complement during solid–liquid interface”).
A phopholipid bilayer surface was prepared on a silicon wafer in an aqueous solution, and a windy plasma was irradiated with a home-build dielectric separator liberate (DBD) instrument.
Observation with a shimmer microscope and an atomic force microscope suggested that pores on a sequence of 10 nm to 1 µm in distance were shaped in a lipid bilayer surface after a plasma irradiation. Capturing these micropores in a liquid lipid surface is a poignant advantage of a synthetic lipid surface system, and quantitative research of a pores was achieved. The formula prove that a micropores act as paths for a non-selective steam or travel of solutes into and out of cells during a plasma-induced materialisation such as sterilization and gene transfection.
The synthetic plasma surface complement is profitable for study a elemental effects of plasma on biomolecules for substantiating medical and biological applications of plasmas.
Article source: http://www.nanowerk.com/news2/biotech/newsid=37415.php
The Messenger @ September 18, 2014
Samsung announced on Thursday (Sep 18) that a eagerly-anticipated Note 4 “phablet” will be expelled on Oct 17.
SAN FRANCISCO: Samsung announced on Thursday (Sep 18) that a eagerly-anticipated Note 4 “phablet” will be expelled on Oct 17.
The South Korean consumer wiring titan credited with being a initial vital manufacturer to mix inscription and smartphone facilities pronounced it will start holding orders for a entrance indication on Friday, a same day opposition Apple launches a new-generation iPhone 6.
“Samsung combined a vast shade smartphone difficulty with a Galaxy Note and we are on a fourth generation, a difficulty others are only entering,” Gregory Lee, Samsung’s Telecommunications America president, pronounced in a statement.
“The Galaxy Note 4 delivers a polished Note experience, and a latest record that consumers wish in their smartphone.”
In what was seen by some as a approach shot during Apple, Samsung betrothed that anyone grouping a Note 4 by Oct 16 would be entitled to a trade-in value of US$200 for any operative smartphone.
The Note 4 boasts a 5.7-inch high clarification screen, softened front and back cameras, rapid charging, and an “S Pen” to write, pull or revise on a hold shade some-more naturally.
Samsung has been poking Apple in ads portraying a California company’s latest iPhones – a iPhone 6 and iPhone 6 Plus denounced final week – as desirous by a Note’s size.
The new iPhone 6 models also boost shade sizes in what some see as a tech hulk throwing adult to a “phablet” trend.
The iPhone 6 will have a shade of 4.7 inches and a 6 Plus will have one of 5.5 inches, permitting Apple to adjust to consumers’ apparent welfare for bigger displays.
Apple pronounced on Monday it had perceived record pre-orders for a new models, and that some business will have to wait for a larger-screen versions of a smartphones. The proclamation means Apple might see shortages and prolonged lines during a sell stores when sales start on Friday.
The Messenger @ September 18, 2014
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The Messenger @ September 18, 2014
My latest Guardian column, Privacy record everybody can use would make us all some-more secure, creates a box for remoteness record as something that anyone can — and should use, deliberating a work being finished by a free Simply Secure substructure that launches currently (site is not nonetheless adult as of this writing), with a charge to emanate serviceable interfaces to cryptographic tools, and to learn crypto developers how to make their collection permitted to non-technical people.
I consider that a genuine reason that remoteness is so user-unfriendly is that a box for remoteness is greatly technical. The remoteness risks presented by bland internet use engage pointed and enigmatic beliefs – bargain a risks of carrying your mechanism incited into a node in a botnet; or carrying a passwords harvested; or carrying your search- and browser-history logged and used opposite we (either to concede we directly, or in use for attacks on your password-recovery questions); and carrying your metadata mined and assimilated adult in ways that exhibit your deepest secrets or outcome in false, incriminating, and hard-to-refute accusations being done opposite you, potentially costing we a ability to get credit, house an airplane, or even travel around freely.
You don’t need to be a technical consultant to know remoteness risks anymore. From a Snowden revelations to a daily march of internet confidence horrors around a universe – like Syrian and Egyptian checkpoints where your Facebook logins are compulsory in sequence to import your domestic allegiances (sometimes with deadly consequences) or celebrities carrying their many insinuate photos splashed all over a web.
The time has come to emanate remoteness collection for normal people – people with a normal turn of technical competence. That is, all of us, no matter what a turn of technical expertise, need privacy. Some remoteness measures do need unusual technical competence; if you’re Edward Snowden, with a whole NSA temperament down on your communications, we will need to be a genuine consultant to keep your information secure. But a kind of remoteness that creates we defence to mass notice and attacks-of-opportunity from voyeurs, temperament thieves and other bad guys is receptive by anyone.
Privacy record everybody can use would make us all some-more secure [Cory Doctorow/The Guardian]
(Disclosure: we am a proffer on Simply Secure’s advisory council)
Article source: http://boingboing.net/2014/09/18/privacy-for-normal-people.html
The Messenger @ September 18, 2014
Despite a summer ennui of SEF trade in seductiveness rate swaps, activity in early Sep is display signs of a miscarry as traders control some-more of their business on a electronic venues.
Tradeweb Markets announced Wednesday that normal daily volume on a TW SEF for trade of seductiveness rate swaps increased 20-fold to some-more than $20 billion in a initial dual weeks of September, over a initial dual weeks of trade on SEFs in Oct 2013.
The series of clients trade derivatives on a SEF has grown by 400%. In a initial dual weeks of September, Tradeweb said, some-more than 110 institutional derivatives trade clients executed some-more than $230 billion of tellurian seductiveness swaps on a request-based SEF.
“SEF trade has positively exploded on platforms like Tradeweb given they launched reduction than a year ago,” Lee Olesky, arch executive officer of Tradeweb Markets, pronounced in a press release. Tradeweb launched a SEF on Oct. 2, 2013, with a ask for quote marketplace and an sequence book for a dealer-to-client platform, as good as an unknown executive extent sequence book on DW SEF, a dealer-to-dealer platform.
In a news also posted Wednesday, Tabb Group researcher Colby Jenkins wrote that SEF volumes gifted serious drops in Jul and August, that put a check on their flourishing momentum. Total notional volume traded on-SEF for privileged seductiveness rate swaps forsaken 26% from $2.67 trillion in Jun to $1.98 trillion in August. According to Tabb, Aug was a second uninterrupted month of dwindling SEF activity and a second-lowest month for on-SEF volume given after a Made Available to Trade (MAT) determinations went into outcome in February.
The new outflow in SEF activity was not strong in a few vital SEFs, according to Jenkins; it has been comparatively unchanging opposite all SEFs for a past 4 months.
Post-summer slump: Rates volumes on a rise
Despite a summer slump, SEF volumes have been “steadily on a arise given a MAT determinations went into outcome final February,” Jenkins wrote. Notional volumes in rates set a record in Jun by reaching roughly $2.5 trillion, according to Tabb. Dealer-to-dealer (D2D) platforms announced record volumes in electronic executive extent sequence books. Dealer-to-dealer (or client-facing) platforms prisoner 30% of sum SEF trades, contra 8% in early 2014, Jenkins wrote.
Regardless of a summer slump, Tradeweb and Tabb determine that movement for rate trade on SEFs has been building sine a MAT determinations for standardised swaps went into outcome in February. “Market share for electronic trade of interest-rate derivatives has augmenting from reduction than 10 percent of altogether volume before SEFs to about half of all IRS trades today,” Olesky pronounced in a release.
As clients confederate with SEFs, Tradeweb said, a phased-in proceed taken by a Commodity Futures Trading Commission has led to an nurse transition into electronic trade of derivatives. Clients that have migrated some-more of their trade to Tradeweb’s SEF have benefitted from tradition workflow optimization collection like application and a palliate of trade marketplace concluded banking (MAC) swaps as undisguised trades or partial of a roll, a organisation said.
However, volume reports have shown that Bloomberg and Tradebook are a dual SEFs on a dealer-to-client-side that have prisoner a lion’s share of volume from institutional clients.
While institutions are adopting SEFs, some are avoiding it by regulating nonstandard swaps, that they can legally trade off-SEF by voice brokers. Also, clients don’t wish to put vast orders by a RFQ model; they fear this could lead to information leakage.
Tabb also says that D2D platforms are “currently enjoying double a upsurge that their D2C counterparts now capture,” though that a activity is existent flow, since a D2C volumes are usually augmenting any month.
Looking into because SEF volumes have depressed next expectations, Tabb’s SEF Industry Barometer polled marketplace participants, who unanimously pronounced that trade had shifted to non-tandard (off-SEF) tradable swaps. But Jenkins wrote that it’s too early to pull conclusions, and that this is a “straightforward” box of summer doldrums. In early September, so far, a volumes for on-SEF and off-SEF activity support this thesis, he wrote. In a initial dual weeks of a month, daily notional traded on-SEF jumped some-more than 10%, while off-SEF activity stays consistently low.
Now that it’s fall, and traders have returned to a table and will understanding with a death of package trades, Jenkins predicts that volumes for Sep and Oct should “match, if not exceed” their summer levels.
Ivy is Editor-at-Large for Advanced Trading and Wall Street Technology. Ivy is obliged for essay in-depth underline articles, daily blogs and news articles with a concentration on programmed trade in a collateral markets. As an attention expert, Ivy has reported on a innumerable … View Full Bio
The Messenger @ September 18, 2014
Where experts and professionals share insights and inspirations to grow business and build careers
Sep 18, 2014
As we was removing prepared for a TMC Future Truck and Far Horizon assembly on Sunday, we had to chuck divided some of a ideas I’ve had given a final assembly in February. There is so most to cover per developments in fuel economy regulations, a 21st Century Truck Partnership and a SuperTruck program, connected and programmed car operation, wearable computers and more; we only could not fit it all into a singular time available.
What if? That’s what we engineers are always asking. What if we had a self-learning truck? What if it could urge a fuel economy over time formed on how a car is indeed used? What if it could urge criteria emissions from a engine over time formed on how it is used? What if it could adjust a heat of opposite tools formed on a stream weather? What if an engine/transmission could adjust torque formed on what is indispensable rather than what a motorist is seeking for? What if oil change intervals could be extended by training how a car is used?
We have some of this today, with programmed transmissions that change scrupulously formed on intuiting engine RPM decay; we have collision slackening systems that learn a position of a receiver to some extent; some newcomer cars tell we when they need their oil changed, rather than doing it on a bound mileage/hour schedule. What if a lorry could calculate a best speed to get by a city holding into comment trade lights and congestion? What if a trucks were partial of an Intelligent Transportation System? They will be. Just as Netflix and Amazon, and websites “learn” what we like or wish to see, so too will a destiny lorry learn what is best for delivering a burden safely, reliably and cost effectively.
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Article source: http://fleetowner.com/technology/self-learning-trucks
The Messenger @ September 18, 2014
Apple has tightened a technological confidence so not even a association can examine into a password-protected iPhone or iPad in a pierce meant to encourage a millions of people who are increasingly storing critical pieces of their lives on a devices.
The additional guarantee is partial of Apple’s latest mobile software, iOS 8, that a Cupertino, California, association expelled Wednesday. Apple Inc. suggested a stronger insurance in a new territory of a website that is prefaced with a minute from CEO Tim Cook emphasizing a company’s “fundamental” joining to remoteness and security.
The company’s inability to clear password-protected smartphones and tablets could perplex law coercion officials who infrequently obtain justice orders to opening personal information off a phones for intensity justification in rapist investigations.
The Messenger @ September 18, 2014
Rock Hill Target workman indicted of hidden present cards, merchandise
The Messenger @ September 18, 2014
SINGAPORE, Sept. 18, 2014 /PRNewswire/ — IO, a worldwide personality in software-defined information centre record and solutions, and StarHub,Singapore’s entirely integrated info-communications provider, currently announced a vital partnership. SOURCE IO
Through this partnership, IO will yield StarHub with a pioneering information centre modules that concede a latter to expostulate aloft efficiency, conduct costs and boost speed to market, to accommodate patron requirements. Using IO’s information centre height as one of a pivotal building blocks in a craving offerings, StarHub can now offer a full apartment of end-to-end craving network solutions integrated with “StarHub Data Centre Powered by IO”.
The additional turn of confidence that IO is means to broach will also advantage StarHub’s new and existent business — such as those in a Financial Services Industry (FSI), media and IT — to that confidence is paramount. The information centre forms a pivotal partial of StarHub’s endless apartment of next-generation network solutions, from connectivity, high-speed Internet, enterprise-grade security, media/video government solutions and managed network services that accommodate customers’ vicious needs on security, scalability and speed.
IO has grown information centre modules that are integrated with a IO.OS® information centre handling system. The absolute combination, famous as Intelligent Control®, enables companies to muster a information centre during any plcae and analyse opening metrics opposite a IT apparatus and support infrastructure.
This, joined with StarHub’s craving solutions will offer business higher prominence to remotely guard and conduct their network solutions around IO.OS. Customers also have entrance to a far-reaching operation of StarHub use dashboards, such as Low Latency Network, Managed Services, Distributed Denial of Service Protect, Content Delivery Network and Web Application Firewall.
“StarHub is one of Singapore’s many innovative info-communications providers. We are really gratified that StarHub trusts IO Singapore to broach a many technologically modernized information centre services and solutions to their customers. We are vehement to have an attention personality like StarHub as a partner and demeanour brazen to expanding a relationship,” pronounced MrGeorge D. Slessman, IO arch executive officer and product architect.
“Companies currently need a non-traditional information centre resolution that is means to simply scale, to fast support their business growth. StarHub is gratified to partner with IO to broach a state-of-the-art, software-defined information centre resolution that is rarely scalable and secure, and can be deployed just-in-time to assistance a clients to revoke costs and work some-more efficiently,” pronounced MrTan Tong Hai, CEO of StarHub.
To-date, several companies in a financial, media and IT sectors are regulating a “StarHub Data Centre powered by IO” solution.
Founded in 2007, IO is a worldwide personality in program tangible information centre technology, services and solutions that capacitate businesses and governments to cleverly control their information.
StarHub is Singapore’s fully-integrated info-communications company, charity a full operation of information, communications and party services for both consumer and corporate markets. StarHub operates a mobile network that provides 4G, 3G and 2G services. It also manages an islandwide HFC network that delivers multi-channel compensate TV services (including HDTV, Internet TV and on-demand services) as good as ultra-high speed residential broadband services. StarHub operates an endless bound business network that provides a far-reaching operation of data, voice and indiscriminate services. OverSingapore’s fibre-based Next Generation Nationwide Broadband Network, StarHub offers a extended operation of home and business broadband skeleton along with a horde of modernized media-rich value-added services, such as IPTV for blurb entities.
Launched in 2000, StarHub has turn one of Singapore’s many innovative info-communications providers, and a colonize in ‘hubbing’ – a ability to broach singular integrated and converged services to all a customers. StarHub, listed on a categorical house of a Singapore Exchange sinceOctober 2004, is a member batch of a Straits Times Index and a MSCI Singapore Free Index.
IO, a IO trademark and all other IO trademarks are owned by IO Data Centers, LLC and a affiliates. © 2014.
Lauren RosenblumIO+1-480-513-8516 email@example.com mailto:firstname.lastname@example.org
Pinchian OongPR for IO, Porter Novelliemail@example.com mailto:firstname.lastname@example.org
Cassie Fong Senior Manager, Corporate Communications StarHub Mobile: +65-9101-2211 DID: +65-6825-5165 Email: email@example.com mailto:firstname.lastname@example.org
SINGAPORE, Sept. 18, 2014 /PRNewswire/ — IO, a worldwide personality in software-defined information centre record and solutions, and StarHub,Singapore’s entirely integrated info-communications provider, currently announced a vital partnership.
The Messenger @ September 18, 2014