Tuesday, April 9, 2013

Senate confirms Mary Jo White as SEC Chairman

By Sarah N. Lynch

WASHINGTON (Reuters) - The Senate on Monday confirmed former federal prosecutor Mary Jo White as the new head of the Securities and Exchange Commission, the agency tasked with policing Wall Street and writing new rules of the road for financial markets.

White received wide bipartisan support in the Senate thanks to her reputation as a tough former U.S. Attorney for the Southern District of New York, where she went after mobsters and terrorists.

White was nominated in January by President Barack Obama, roughly a month after SEC Chairman Mary Schapiro stepped down from the post.

She sailed through her March 12 confirmation hearing before the Senate Banking Committee, and received little opposition on March 19 when the panel voted 21-1 to send her confirmation to the full Senate.

White will be taking over the helm of the SEC at a critical time. The agency still has much work remaining as it seeks to finalize rules required by the 2010 Dodd-Frank Wall Street reform law, particularly in the areas of over-the-counter derivatives and credit-rating agencies.

The agency is also behind on completing capital-raising rules required by more recent legislation, the 2012 Jumpstart Our Business Startups (JOBS) Act, which relaxes certain securities regulations to help small businesses raise funds and go public.

The SEC has been stuck in a rut since Schapiro left in December, leaving the five-member panel divided between two Democrats and two Republicans.

Since then, the SEC has done little in the way of rulemaking.

What little criticism White has received so far has mostly been about her ties to Wall Street.

After working as a prosecutor, she became a partner at Debevoise & Plimpton where she represented high-profile clients including JPMorgan, former Bank of America CEO Ken Lewis, UBS and accounting giant Deloitte & Touche LLP.

Some, including Ohio Democrat Senator Sherrod Brown, have raised concerns that this "Wall Street bias" could harm the SEC, an agency that has been accused by some of striking weak settlements with Wall Street banks over their behavior during the 2007-2009 financial crisis.

Little is also known thus far about White's views on securities regulatory policy and how she will direct critical rule-makings including a controversial plan to reform the $2.6 trillion money market fund industry.

The Senate's vote on Monday only allows for White to fill out the remainder of Schapiro's term, which expires in June 2014.

Obama had nominated White to both fill out Schapiro's term and also to serve a full, five-year term at the helm of the SEC.

It is unclear exactly when the Senate will take a vote on the longer-term nomination, though some aides have said it will possibly come up later after Obama nominates two new commissioners to replace Elisse Walter and Troy Paredes.

Walter, a Democrat who is serving as SEC chairman until White takes over, is working past her expired term and can only stay until the end of the year.

Paredes, a Republican, is facing the end of his term this coming June.

(Reporting by Rachelle Younglai and Sarah N. Lynch; Editing by Sandra Maler)

Source: http://news.yahoo.com/senate-confirms-mary-jo-white-sec-chairman-183036844--finance.html

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Monday, April 8, 2013

Tortuous paths hamper ion transport

Apr. 8, 2013 ? ETH-Zurich researchers use x-ray tomography to screen lithium ion battery electrodes and can reconstruct the microstructure in high resolution. This helps to understand the discharging and charging process better and develop optimised electrodes.

Mobile phone batteries that last longer, car batteries that enable you to drive further, storage that accumulates a lot of energy from wind and solar generators: many applications require better batteries. The research essentially focuses on three aspects here: researchers want to increase the energy density -- in other words store more energy in a smaller battery. They are also looking to improve the discharging and charging speed by changing and controlling the material, shape and size of the electrochemically active particles and the structure of the battery electrodes in a targeted fashion. And scientists are working on the durability of the battery in general by trying to understand the degradation mechanisms that shorten the life of batteries.

Martin Ebner, a doctoral student from the group headed by Vanessa Wood, a professor at the Department of Information Technology and Electrical Engineering, has been examining the issue of the discharging and charging speed. In order to understand what influences it, he has been researching the microstructure of the electrodes of commercially available and home-made lithium ion batteries. Knowing this also enables us to understand the charging and discharging mechanism better and endeavour to produce optimised electrodes with more efficient batteries in mind.

Hard-to reach microstructure scanned

"Until now, the microstructure has been neglected in battery research because it was difficult to access experimentally," says Ebner. He has managed able to fill this gap with the aid of synchrotron radiation x-ray tomography and Professor Marco Stampanoni's group, which specialises in working with this particular radiation.

"This radiation, which can be produced at the Swiss Light Source at the Paul Scherrer Institute, is very bright and spectrally pure. This allows many high-resolution experiments in a short space of time," says Ebner. It only took around five minutes to study a sample on the TOMCAT beamline as opposed to up to five hours on conventional devices. This meant that Ebner could x-ray many electrode material samples produced under different conditions.

Using the hundreds of gigabytes of data that the x-ray tomography generated, the electroengineer was ultimately able to reconstruct the three-dimensional electrode structure. His paper was recently published in the journal Advance Energy Materials and the raw data of the sixteen cathodes studied deposited in a freely accessible open-source database.

Small particles on boundary layer

The computer reconstructions reveal that the electrodes comprise numerous particles of different shapes and sizes. While smaller particles appear on the edge of the cathode, larger ones are mostly present in the interior. Moreover, Ebner was also able to demonstrate that some particles can break under very high pressure during production. While this does not have much of an impact on the electrochemistry of the battery, it needs to be taken into consideration when simulating it on the computer, he stresses.

The size, distribution and configuration of the particles, however, have a major influence on a battery's discharging and charging speed. Smaller particles form a compact structure while the structure in large particles tends to be looser and thus provide more pore space. The porosity of the material ultimately determines the battery's energy density and the speed at which the lithium ions surge through the electrodes during charging or discharging.

The flow behaviour of the lithium ions can be described by what is known as tortuosity -- the value that indicates the degree of a structure's twistedness. To put it simply, the more twisted the path of the ions through the electrode, the more slowly the battery is charged or discharged and the greater the tortuosity.

Graphite plates hamper ion flow

While round to potato-shaped particles mostly have a positive influence on flow, plate-like ones such as those in the anode, the negative pole, provide unfavourable conditions for rapid charge transport. A lithium battery's anode is mostly made of graphite. This highly conductive material consists of wafer-thin plates that lie on top of one another like roof tiles. Depending on the direction from which the ions hit the graphite plates, the tortuosity can be very high. In order to flow around the tiles, long paths are required, which vastly reduces the discharging and charging speed. Lengthwise, however, the lithium ions cross the graphite without any major detours. The analyses reveal that graphite electrodes already exhibit direction-dependent differences in path length of over 300 per cent with a porosity of forty per cent.

The tortuosity of graphite electrodes might be improved through the use of round graphite particles. The drawback here is that up to seventy per cent of the valuable raw material is wasted during production -- one reason why many battery manufacturers still use plate-shaped graphite as an anode material.

Optimising established technique

Lithium ion batteries have been in use with more or less the same base materials since the 1980s. The materials can be processed industrially in large quantities and alternatives that are commonly found as raw materials on Earth are gradually catching on. In the long run, researchers want to understand how the microstructure of the electrodes is formed and how you can influence it positively. One idea is to rely on the self-organisation of the materials used. However, the criterion is and will remain whether the method is feasible and affordable for industry. "We mustn't forget that a battery is a mass product that needs to be producible in large quantities," says Ebner.

How lithium ion batteries work

In lithium ion batteries, the energy is stored in the form of positively charged lithium atoms (ions) that are found at the minus pole in a charged battery. If energy is taken from the battery, negatively charged electrons flow from the minus pole to the plus pole via the external circuit. To balance the charge, positively charged lithium ions also flow from the minus pole to the plus pole. However, these travel in the electrolyte fluid inside the battery. The process is reversible: lithium ion batteries can be recharged with electricity. In most lithium ion batteries these days, the plus pole is composed of the transition metal oxides cobalt, nickel and manganese, the minus pole of graphite. In more powerful lithium ion batteries of the next generation, however, elements such as tin or silicon may well be used at the minus pole.

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Story Source:

The above story is reprinted from materials provided by ETH Zurich. The original article was written by Peter R?egg.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Martin Ebner, Felix Geldmacher, Federica Marone, Marco Stampanoni, Vanessa Wood. X-Ray Tomography of Porous, Transition Metal Oxide Based Lithium Ion Battery Electrodes. Advanced Energy Materials, 2013; DOI: 10.1002/aenm.201200932

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_technology/~3/S3E_0Duo5vY/130408123256.htm

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Hundreds gather to remember 'BUCKWILD' star

CHARLESTON, W.Va. (AP) ? Family, friends and fans are gathering in West Virginia for the funeral for "BUCKWILD" reality TV star Shain Gandee.

About 200 people lined up outside the Charleston Municipal Auditorium on Sunday for a public visitation set to begin at 11 a.m.

The popular "BUCKWILD" cast member, his uncle and another man were found dead last Monday inside a sport utility vehicle that was partially submerged in a deep mud pit about a mile from his home near Sissonville.

Autopsies determined all three died of carbon monoxide poisoning. Police say the muffler was below the surface and that mud covered the passenger side.

Source: http://news.yahoo.com/hundreds-gather-remember-buckwild-star-145333771.html

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Sunday, April 7, 2013

Argentine chief branded ?old hag? by Uruguayan president

Famously candid Mr Mujica, 77, was unaware his microphone was switched on before a press conference in Uruguay as he told a colleague: ?That old hag?s worse than the cross-eyed one? ? a reference to Ms Kirchner?s late husband and former Argentinian president Nestor Kirchner.

The Uruguayan president went on undeterred: ?Cross-eyes was more of a politician, she?s just stubborn.?

Mr Mujica said last night he had not spoken publicly and would not comment.

But Argentina?s foreign minister Hector Timerman made a furious protest to the Uruguayan government.

He said: ?It is unacceptable that such outrageous comments have been made by someone Kirchner considered her friend.?

Source: http://www.express.co.uk/news/world/389736/Argentine-chief-branded-old-hag-by-Uruguayan-president

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Interior chief sees many wind farms in US future

Outgoing Interior Secretary Ken Salazar gestures during an interview with The Associated Press in his office at the Interior Department in Washington, Friday, April 5, 2013. (AP Photo/Charles Dharapak)

Outgoing Interior Secretary Ken Salazar gestures during an interview with The Associated Press in his office at the Interior Department in Washington, Friday, April 5, 2013. (AP Photo/Charles Dharapak)

Outgoing Interior Secretary Ken Salazar gestures during an interview with The Associated Press in his office at the Interior Department in Washington, Friday, April 5, 2013. (AP Photo/Charles Dharapak)

Outgoing Interior Secretary Ken Salazar is interviewed by The Associated Press in his office at the Interior Department in Washington, Friday, April 5, 2013. (AP Photo/Charles Dharapak)

Outgoing Interior Secretary Ken Salazar gestures during an interview with The Associated Press in his office at the Interior Department in Washington, Friday, April 5, 2013. (AP Photo/Charles Dharapak)

(AP) ? Interior Secretary Ken Salazar voiced optimism Friday that the nation's first offshore wind farm will soon break ground after more than a decade of delays and be followed by more off the Atlantic coast.

"I think there's a good chance it will happen before the end of the year," Salazar said of the Cape Wind project. Speaking in an AP interview a few weeks before he leaves office, he also claimed gains as secretary in tightening oversight of offshore drilling after the BP oil spill in the Gulf of Mexico. "I think the coziness with industry that was there when I came into the department is gone," he said.

A former U.S. senator from Colorado, the 58-year-old Salazar ran the Interior Department throughout President Barack Obama's first term.

Along with changes at the offshore drilling agency, Salazar pushed for renewable energy such as solar and wind power and helped to settle a longstanding dispute with American Indians.

The Interior Department manages more than 500 million acres in national parks and other public lands, as well as more than 1 billion acres offshore. The department oversees energy, mining operations and recreation and provides services to 566 federally recognized Indian tribes.

Under Salazar's watch, Interior authorized more than 40 solar, wind and geothermal energy projects on public lands that officials say will provide enough electricity to power more than 4 million homes.

Salazar called his four-year tenure a "joyful journey" that took him from the Everglades to the Arctic. Still, he said he was eager to return to his family and his Colorado ranch.

He spoke of progress in the long-delayed Cape Wind project off the Massachusetts coast because developers have agreements with utilities to purchase about 75 percent of the power the project is expected to generate and are working to get more. The $2.6 billion project off Cape Cod was the first offshore project to win a federal lease when Salazar gave his approval in 2010.

But the project has stalled because of lawsuits and difficulties obtaining financing. Developers plan to build 130 turbines in Nantucket Sound, but they've faced bitter opposition since they first proposed the project in 2001.

Opponents have filed several pending lawsuits and argue the project will ruin the pristine sound and endanger marine traffic and animal life. They also say the project's electricity is significantly overpriced and a terrible deal for ratepayers.

Cape Wind says the cost is worth the project's benefits, including jobs, decreased pollution and the creation of a reliable power source near a busy coastline.

Salazar said the delays and lawsuits that have plagued Cape Wind illustrate the difficulty of developing new energy sources. Regulatory improvements made in recent years should help other offshore projects follow more quickly, he said.

"Nobody had really focused on offshore wind energy until President Obama came into office," he said. "Cape Wind wasn't even processed under the authority of this department. They ended up in this morass where it took them 10 years to work through that process."

Now, with so-called wind energy zones designated in the Atlantic Ocean, a host of wind farms should crop up from Maine to Virginia, Salazar said. "We're very, very excited by the progress that has been made and we look forward to a robust offshore wind industry in the Atlantic."

On offshore drilling, Salazar defended the unprecedented shutdown of offshore drilling after the BP spill. In office, he also renamed and revamped the agency that oversees offshore drilling after the April 2010 explosion of the Deepwater Horizon rig, which killed 11 workers and led to the worst offshore oil spill in U.S. history.

Business groups and Gulf Coast political leaders said the six-month shutdown crippled the oil and gas industry and cost thousands of jobs. Salazar said the moratorium was the right decision.

Now, regulators "are being a lot smarter about what we lease" on the Outer Continental Shelf, he said. "We are making sure that people are kept accountable and that problems are detected and fixed as rapidly as possible."

Salazar disputed claims by some environmental groups that the changes have not gone far enough to change a culture at the drilling agency that often favored industry.

___

Follow Matthew Daly on Twitter: https:twitter.com/MatthewDalyWDC

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-04-05-Salazar-Wind%20Farm/id-8f8098b38b7c4a6491744b9e661e2e39

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Saturday, April 6, 2013

Reconnecting Families, Inc.

"Charity is a virtue of the heart, and not of the hands"....Joseph Addison

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Here at Reconnecting Families, we?fortunate enough to have an amazingly supportive community.? Cobb County is a great place to live and work and offers many great volunteers who come to RF with the willingness and desire to help.? Kathy Sisk and Jane Detzel are no exceptions.? These are 2 ladies who have joined the RF Friends of the Board and volunteer to babysit every Thursday night at Celebrating Families.? It is amazing to see these women grow and nurture relationships with the families of the FDTC.

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Recently, a small boy made a gift (pictured above) for Kathy and Jane.? His tiny hands were so proud to share?this ornament as a token of his thanks and affection.? Jane and Kathy have graciously offered to share their experiences in their own words:?

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From Kathy...

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These two young boys connected with Jane and I the moment we met, 8 wks ago. As we introduced ourselves, I knew right off the bat that I would not be able to remember their names (jane will have to tell you their names).? I asked if I could call them "J" (for the older boy) and "JJ" for the younger.? They agreed I could do that (later I found out that I am the ONLY one who can call them J and JJ).? These?boys were so polite and well mannered.? Each Thursday at the dinner they were the first ones to greet us with?hugh smiles and hugs.? We let their mother?know much we thought of her sons, we felt that was very important (actually, I tell?ANY mother if I encounter a well-behaved and well-mannered child).? On the next to the last week Jane and I gave the boys each a Dr. Suess?book.? I gave J "Oh, The Places You'll Go" and Jane gave JJ "Oh, The Thinks You Can Think".? The mother said we knew the boys well, because each book fit their personalities.? That made me feel wonderful.? So, on the last?dinner, JJ gave me the snowflake/artwork.? He asked that I share it with Miss Jane, we could take turns keeping it.? I tell you, I was about to cry.? I truly pray that these young men and their mother will continue on the road to recovery.? I am sure they will remember the good people who tried to?help them in this difficult period of their lives.? Thanks?for letting?me share this story and for letting me make a difference in a young person's life.? Looking forward to continuing with Reconnecting Families.???

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From Jane...

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One of the dearest little boys @ Reconnecting Families made a snowflake out of tongue depressors,? various shapes of macaroni, lots of glue & plenty of pride & love,? for Kathy & me.? We have a mutual admiration concerning this mannerly & delightful youngster & his older brother.? When he handed Kathy & I this beautiful creation he was beaming with huge dimples showing & happy, big, bright eyes full of love.? Throughout the program Kathy & I have given these brothers books, St. Patrick's Day socks, made sure they got extra cookies & lots of hugs.? When Jahmorie gave us this gift he made - to share - we knew it would be treasured.? Kathy & I will take turns sharing the snowflake by displaying it in a place of honor in our homes.? It will forever remind us of great memories we have of this darling little boy.

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THANKS JANE AND KATHY FOR ALL YOU DO!

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Source: http://reconnectingfamiliescobbcounty.blogspot.com/2013/04/charity-is-virtue-of-heart-and-not-of.html

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