Blogger Richard Fernandez observes:
The crime wave in Chicago illustrates how politicians trapped themselves in a vise of conflicting expectations from which there is no escape. It has proved impossible to do something and its opposite simultaneously, in this case withdraw the police and protect the community. It may prove just as impossible to require transgender bathrooms and guarantee no sexual harassment takes place or open the borders while promising there will be no terror attacks. When one thinks of it, making health care "affordable" while opening it to high-risk groups was always an unlikely proposition.
Impossible, yet Big Tent constituencies are routinely green-lighted on both ends of a one-way street and told to floor the pedal. For a while they could spin it with smoke and mirrors. But in the end, illusion does not last.
The security system of America is trust, which manifests itself in legitimacy which in turn makes it possible to govern a huge nation largely on consent. The mistake was to believe it was possible to play the identity card endlessly, to set one against another, to destroy trust -- without consequences.
The public is suddenly face to face with the realization that the solid status quo is a fragile facade that might at any moment dissolve into something unrecognizable. It's a veneer masking a crumbling structure. Donald and Hillary are not freaks. They are monsters from our Id.
Don't worry, Likely Democratic presidential nominee Hillary Clinton on Friday said white people have to start listening to “legitimate cries” coming from the black community, pointing out that she has said repeatedly on the campaign trail there needs to be more “love and kindness.”
“I will call for white people like myself to put ourselves in the shoes of those African-American families who fear every time their children go somewhere, who have to have the talk about how to really protect themselves when they’re the ones who should be expecting protection from encounters with the police,” Mrs. Clinton said in an interview on CNN.
“I’m going to be talking to white people. I think we’re the ones who have to start listening to the legitimate cries that are coming from our African-American fellow citizens,” she said.
In other words, we’re all racists!
The State Department is disputing a report that Iran has sought to obtain nuclear technology since signing a deal aimed at curbing its nuclear program last summer.
Germany's domestic intelligence agency reported this week that the Islamic Republic has been trying to acquire illegal nuclear technology at a "high level" throughout 2015.
State Department spokesman John Kirby rejected those findings Friday.
"We have no information to indicate that Iran has procured any materials in violation of the JCPOA," Kirby told reporters, using an acronym for the Joint Comprehensive Plan of Action, or nuclear agreement. "Germany … is not suggesting that Iran has violated its JCPOA commitments."
Kirby claimed that the document did not mention whether Iran's attempts to obtain nuclear technology occurred after the nuclear deal, despite reporting to the contrary. The deal was struck in July 2015 and took effect in October.
He also said that the report spoke "mainly" of Iran's missile program.
"It covers all of 2015 and makes no distinction about whether the reported activities occurred prior to the JCPOA coming into effect," he said.
While the report does describe Iran's growing missile program, it also underscores the program's nuclear potential, stating that the missiles could possibly "serve to deliver nuclear weapons." Iran is encouraged not to launch ballistic missiles under a U.N. Security Council resolution, but has done so anyway.
Kirby would not say whether the German report showed that Iran was violating the "spirit" of the JCPOA.
British Unions Call For Prompt Green Light On Hinkley Point
Four powerful labor unions in Britain are calling the Hinkley Point C nuclear power plant construction project the first major “litmus test” for the country in the wake of its landmark vote last week for the country to quit its membership in the European Union.
Hinkley Point CThe GMB, Unite, Ucatt and Prospect unions have written to EDF Energy Chief Executive Officer Vincent de Rivaz, calling the upcoming decision on financing for the $24 billion project “vital” to Britain's energy needs that would, if the project is given the green light, send a signal that the so-called Brexit vote would not derail the country's economy.
“Nuclear new build is already behind the curve. We cannot afford further delay and it is vital for EDF to make a final investment decision now,” the unions wrote.
The unions stressed that Britain needs the new generation capacity, which is currently on a waning path with the scheduled closures of older coal burning plants and the aging of its nuclear power fleet.
The Energy Voice reported last week that an EDF spokeswoman had stated after the Brexit vote that the utility giant remained committed to the Hinkley Point project. EDF CEO Jean-Bernard Levy also remarked to reporters that the Brexit vote would not affect the company's decision on whether or not to green light the project.
This looks like a revolt against the tree-huggers who irrationally oppose nukes. Good.
COLUMBIA, SC Reports of drones over the Savannah River Site nuclear weapons complex are drawing scrutiny from the federal government.
Agents with the FBI interviewed a prominent nuclear watchdog this week about drones at the site. Meanwhile, the SRS “protective force” has confirmed several sightings of drones in June over the complex near Aiken, the U.S. Department of Energy said Thursday afternoon.
Cool drone footage of a tunnel construction site feels like Star Wars 4:18
“SRS takes these reports very seriously and is coordinating with appropriate federal, state, and local authorities,’’ an Energy Department statement said.
Agency spokesman Monte Volk said he did not know who was flying the drones over SRS or why they were being brought into the site’s air space. He declined further comment.
Drones, remotely controlled flying machines, are used increasingly across the country for business and recreational purposes. But they also are a security concern in the face of the war on terrorism. The Savannah River Site, a 310-square-mile complex, is filled with nuclear materials and nuclear waste. The site is heavily guarded.
The Federal Aviation Administration has issued an advisory warning pilots to avoid airspace above nuclear power plants, military sites and similar areas. The FAA also recently introduced a series of rules for drones addressing how high they can fly. The rules say drones should be flown no more than 400 feet above ground or within 400 feet of a building.
Mark Keel, chief of the State Law Enforcement Division, s
The Swedish parliament has today agreed to abolish a tax on nuclear power as it recognizes nuclear's role in helping it to eventually achieve a goal of 100% renewable generation.
The framework agreement announced by the Social Democrats, the Moderate Party, the Green Party, the Centre Party and the Christian Democrats, will see the tax phased out over two years. It also allows for the construction of up to ten new nuclear reactors at existing sites, to replace plants as they retire. Setting 2040 as the date at which Sweden should have a 100% renewable electricity system, the document stresses that 2040 is a 'goal' and not a cut-off date for nuclear generation.
A variable production tax on nuclear power introduced in 1984 was replaced by a tax on installed capacity in 2000. Since its introduction this tax has gradually increased and today corresponds to about 7 öre (0.8 US cents) per kilowatt-hour. In February this year, utility Vattenfall said that the capacity tax had brought its nuclear operating costs to around 32 öre (3.8 US cents) per kWh. However, its revenue from nuclear power generation is only about 22 öre (2.6 US cents) per kWh.
Swedish utilities had sought redress against the tax through the courts, but the European Court of Justice ruled last October that Sweden could continue to tax nuclear power, deciding the tax is a national, rather than European Commission, matter.
Domestic trust relationships have broken down in the same way in which America's long term alliances did. Obama replaced institutional arrangements with himself. Suddenly both international and domestic actors were no longer dealing with the United States of America but with a man named Barack Obama. That by itself would not have been fatal, had not this "Barack Obama" lacked an inner core. Thus founded on sand, everything shifted. Both friend and foe -- Israel and Iran for instance -- came to mistrust him. Both China and the Pacific allies suspected his intentions, both Europe and the UK became sure of only one thing: count on him to let you down.
The collapse of trust relationship was mirrored by a fall-off in respect since deterrence is trust in the negative. Obama's inability to deter China, Russia and ISIS declined in lock step with his regional partnerships as belief spread that he would neither carry out promises nor make good on his threats. In a recent display of contempt, Russian jets simply waited for US Navy fighters to go home before sneaking back and bombing the rebels the administration supported. "With the American jets flying close enough to visually identify the Su-34s, the Russians departed the air space over At Tanf. Some time shortly thereafter, the F/A-18s ran low on fuel and left the area in order to link up with an aerial tanker. That’s when the Su-34s reportedly returned to At Tanf —and bombed the rebels again."
The revolt is real. The New York Times says "more than 50 State Department diplomats have signed an internal memo sharply critical of the Obama administration’s policy in Syria ... the memo, a draft of which was provided to The New York Times by a State Department official, says American policy has been 'overwhelmed'". Perhaps the most dangerous aspect of the current crisis is that Obama has knocked away the props, the tradition, loyalty and myth which once held the centralized nation of the 20th century together.
Wall street Journal:
It’s ironic that while President Obama promotes the construction of nuclear power plants in India, he has done nothing to advance nuclear power in the U.S. (“Obama, Modi Advance Nuclear Project,” World News, June 8). In fact, nuclear power plants in the U.S. are closing at an accelerating rate. At the same time, China, India and other countries are developing their own nuclear power for electrical generation. Nuclear power is the single most effective clean technology widely available today to combat climate change. It is essential that the U.S. continue to develop its domestic nuclear-power capability.
Every year for the past decade, energy use in the world has increased by about 500 billion kWhs, and lifted another 200 million people up out of abject poverty. In fact, the only way to eradicate global poverty is to provide everyone on Earth with over 3,000 kWhs per year. While this will require a lot more energy, the important question is what mix of sources we want to pursue. But we certainly have enough energy resources to do it.
The take-away from this discussion is that, while the rich and powerful are still rich and powerful, most of us who would have been peasants a thousand years ago have a much better life than we could have imagined, directly as a result of the energy sources we have developed and continue to develop. Energy inequality is being solved with abundant energy.
Tackling wealth inequality is a different kettle of fish.
--Dr. James Conca
Noting that nuclear energy was “by far” the largest source of carbon-free energy in the United States, Department of Energy Secretary Ernest Moniz on Tuesday announced $82 million in federal funding for nuclear energy research.
DOE signThe DOE said the funding would be available for “nuclear energy research, facility access, crosscutting technology development and infrastructure awards.” The funding would be available in 28 states, funding a total of 93 projects “selected to receive funding that will help push innovative nuclear technologies toward commercialization and into the market,” the department said.
The funding is to be sourced through the Nuclear Energy University Program, Nuclear Sciences User Facilities and Nuclear Energy Enabling Technology programs. In addition to financial support, many of the recipients will receive technical and regulatory assistance through the Gateway for Accelerated Innovation in Nuclear initiative, which is known as GAIN.
“These awards will help scientists and engineers as they continue to innovate with advanced nuclear technologies,” Moniz said.
One particular concern is research into management of nuclear waste, which will be the focus of $21 million of the funding. The DOE needs to “make progress in terms of managing spent fuel,” Moniz said. The $21 million is earmarked for projects involving the Office of Nuclear Energy and the Office of Environmental Management.
Thirty-six million dollars will be awarded through the Nuclear Energy University Program (NEUP) in support of 49 university-led nuclear energy research and development projects in 24 states. In addition, 15 universities will receive nearly $6 million to research reactor and infrastructure improvements focused on safety-performance and student education-related upgrades to a portion of the nation's 25 research reactors.
WASHINGTON (Reuters) - North Korea has restarted production of plutonium fuel, a senior U.S. State Department official said on Tuesday, showing that it plans to pursue its nuclear weapons program in defiance of international sanctions.
The U.S. assessment came a day after the U.N. nuclear watchdog said it had "indications" that Pyongyang has reactivated a plant to recover plutonium from spent reactor fuel at Yongbyon, its main nuclear complex.
The latest developments suggest North Korea's reclusive regime is working to ensure a steady supply of materials for its drive to build warheads, despite tightened international sanctions after its fourth nuclear test in January.
The U.S. official, who spoke on condition of anonymity, said that Washington is worried by the new plutonium reprocessing effort, but he offered no explicit word on any U.S. response.
"Everything in North Korea is a cause for concern," the official told Reuters.
If you do a one-year comparison chart their stock performance is similar. It is only recently that QRVO stock has begun outperforming. Very frustrating!
QRVO has a PEG ratio of .91
SWKS has a PEG ratio of .61
SWKS is growing faster than QRVO, but both are undervalued. I'm sticking with SWKS for now hoping it will play "catch up".
Donald Trump says he does not believe that climate change is a significant environmental challenge, and he doubts that humans are contributing factors. “I consider climate change to be not one of our big problems,” he said in September 2015. Trump says the Obama administration has wasted billions of dollars on green energy programs, and says he would as president make cuts at the Environmental Protection Agency. In May 2016, the candidate said he disliked the deal on climate change reached in Paris and would seek to revise the multinational accord. "I will be looking at that very, very seriously, and at a minimum I will be renegotiating those agreements, at a minimum. And at a maximum I may do something else," he said.
Meanwhile, Trump has called for expanding domestic production of oil and gas, and has said that hydraulic fracturing “will lead to American energy independence.” If elected, he pledges to immediately approve the Keystone XL pipeline, a project that would have delivered hundreds of thousands of barrels of oil daily from Canada to U.S. refineries, but which President Obama vetoed. Construction of the project would have brought “no impact on environment and lots of jobs for the U.S.,” Trump said.
"I will be looking at [the Paris climate deal] very, very seriously, and at a minimum I will be renegotiating those agreements, at a minimum. And at a maximum I may do something else,"
--DONALD TRUMP, MAY 16, 2016
"The [EPA’s] Clean Power Plan is a crucial tool in our national strategy to reduce carbon pollution, level the playing field for and increase the deployment of renewable energy, and build a clean energy future.
HILLARY CLINTON, JULY 25, 2015
Hillary Clinton describes herself as “a proven fighter against the threat of climate change,” having led the Obama administration’s 2012 establishment of a global initiative to reduce short-lived climate pollutants. "
In July 2015, Clinton said that as president she would aim to “make the United States the world’s clean energy superpower,” and announced two proposals to fight climate change: the installation of more than half a billion solar panels by the end of her first term, and the generation of enough renewable energy to power every U.S. home within ten years. She has vowed to fight Republican efforts in Congress and the courts to undo President Obama's Clean Power Plan, which set carbon emission limits on U.S. states.
She also says as president she would unveil a “Clean Energy Challenge” (CEC), a broad federal program that would partner with states, cities, and rural communities on renewable energy, power grid resilience, and air pollution control. Among other things, the CEC would extend clean energy tax incentives, expand R&D efforts, and increase U.S. hydropower generation.
Clinton opposes drilling in the U.S. Arctic and says she is “very skeptical” of the need for energy production off the coast of southeastern states like the Carolinas. She also opposes construction of the Keystone XL pipeline, saying the project distracts from U.S. efforts to combat climate change.
Clinton has not explicitly voiced support for hydraulic fracturing (also known as fracking), but she has referred to the positive effects of the U.S. natural gas boom.
As candidate for president in 2008, Clinton proposed three major energy goals: to reduce greenhouse gas emissions 80 percent from 1990 levels by 2050; to cut foreign oil imports by 67
"I will work toward a 100% clean energy system and create millions of jobs. We have little time to aggressively cut carbon emissions. Transitioning to a 100% clean energy system for electricity, heating, and transportation is possible and affordable. It will create millions of jobs, clean up our air and water and decrease dependence on foreign oil."
--Bernie Sanders 2015
As an adamant supporter of the science that acknowledges global warming to be a man-made danger, Bernie is a strong advocate for adopting new climate-neutral energy policies. Bernie has fought for improving access to renewable energy by introducing various bills such as the Residential Energy Savings Act, the Low Income Solar Act, the Green Jobs Act, and the Energy Efficiency and Conservation Block Grant Program. Bernie helped form a public-private partnership, Efficiency Vermont, and has partnered with the National Guard to improve military energy efficiency to make Vermont a leader in clean-energy. Bernie believes that not only should the rest of the U.S. move aggressively toward sustainability, but that we can achieve sustainability while saving money for the majority of American families.
Energy Efficiency: The United States must transform its energy system away from fossil fuels such as oil and coal, and towards energy-efficient, sustainable, clean, and renewable energy solutions such as wind, solar, and geothermal.
Financial Access to Renewable Energy: Working families must have access to assistance in implementing sustainable energy practices at home.
Green Jobs: Sustainable sources of energy will create hundreds of thousands of jobs.
The streaming stock tickers on the bottom of the screen showed one trade for BIDU down 16 points! This was around 4:35 CST.
No news, probably a mistake but here's the weird thing: The same thing happened last week, one print down 10 points.
It's making me nervous.
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