AP source: Armstrong tells Oprah Winfrey he doped


AUSTIN, Texas (AP) — After a decade of denial, Lance Armstrong has finally come clean: He used performance-enhancing drugs to win the Tour de France.


The disgraced cyclist made the confession to Oprah Winfrey during an interview taped Monday, a person familiar with the situation told The Associated Press. The person spoke on condition of anonymity because the interview is to be broadcast Thursday on Winfrey's network.


The admission Monday came hours after an emotional apology by Armstrong to the Livestrong charity that he founded and took global on the strength of his celebrity as a cancer survivor who came back to win one of sport's most grueling events.


The confession was a stunning reversal, after years of public statements, interviews and court battles in which he denied doping and zealously protected his reputation.


Winfrey tweeted afterward, "Just wrapped with (at)lancearmstrong More than 2 1/2 hours. He came READY!" She was scheduled to appear on "CBS This Morning" on Tuesday to discuss the interview.


Even before the taping session with Winfrey began around 2 p.m., EST, Armstrong's apology suggested he would carry through on promises over the weekend to answer her questions "directly, honestly and candidly."


The cyclist was stripped of his Tour de France titles, lost most of his endorsements and was forced to leave the foundation last year after the U.S. Anti-Doping Agency issued a damning, 1,000-page report that accused him of masterminding a long-running doping scheme.


About 100 staff members of the charity Armstrong founded in 1997 gathered in a conference room as Armstrong arrived with a simple message: "I'm sorry." He choked up during a 20-minute talk, expressing regret for the long-running controversy tied to performance-enhancers had caused, but stopped short of admitting he used them.


Before he was done, several members were in tears when he urged them to continue the charity's mission, helping cancer patients and their families.


"Heartfelt and sincere," is how Livestrong spokesman Katherine McLane described his speech.


Armstrong later huddled with almost a dozen people before stepping into a room set up at a downtown Austin hotel for the interview.


The group included close friends and advisers, two of his lawyers and Bill Stapleton, his agent, manager and business partner. They exchanged handshakes and smiles, but declined comment when approached by a reporter. Most members of that group left the hotel through the front entrance around 5 p.m., although Armstrong was not with them.


No further details about the interview were available immediately because of confidentiality agreements signed by both camps. But Winfrey promoted it as a "no-holds barred" session, and after the voluminous USADA report — which included testimony from 11 former teammates — she had plenty of material for questions. USADA chief executive Travis Tygart, a longtime critic of Armstrong's, called the drug regimen practiced while Armstrong led the U.S. Postal Service team, "The most sophisticated, professionalized and successful doping program that sport has ever seen."


Armstrong also went after his critics ruthlessly during his reign as cycling champion. He scolded some in public and didn't hesitate to punish outspoken riders during the race itself. He waged legal battles against still others in court.


Betsy Andreu, the wife of former Armstrong teammate Frankie Andreu, was one of the first to publicly accuse Armstrong of using performance-enhancing drugs. She called news of Armstrong's confession "very emotional and very sad," and got choked up as well when asked to comment.


"He used to be one of my husband's best friends and because he wouldn't go along with the doping, he got kicked to the side. Lance could have a positive impact if he tells the truth on everything. He's got to be completely honest," she said.


At least one of his opponents, the London-based Sunday Times, has already filed a lawsuit to recover about $500,000 it paid him to settle a libel case, and Dallas-based SCA Promotions, which tried to deny Armstrong a promised bonus for a Tour de France win, has threatened to bring yet another lawsuit seeking to recover more than $7.5 million an arbitration panel awarded the cyclist in that dispute.


In addition, former teammate Floyd Landis, who was stripped of the 2006 Tour de France title for doping, has filed a federal whistle-blower lawsuit that accused Armstrong of defrauding the U.S. Postal Service. The Justice Department has yet to decide whether it will join the suit as a plaintiff.


The lawsuit most likely to be influenced by a confession might be the Sunday Times case. Potential perjury charges stemming from Armstrong's sworn testimony in the 2005 arbitration fight would not apply because of the statute of limitations. Armstrong was not deposed during the federal investigation that was closed last year.


Armstrong is said to be worth around $100 million. But most sponsors dropped him after USADA's scathing report — at the cost of tens of millions of dollars — and soon after, he left the board of Livestrong.


After the USADA findings, he was also barred from competing in the elite triathlon or running events he participated in after his cycling career. World Anti-Doping Code rules state his lifetime ban cannot be reduced to less than eight years. WADA and U.S. Anti-Doping officials could agree to reduce the ban further depending on what information Armstrong provides and his level of cooperation.


Whether his confession would begin to heal those ruptures and restore that reputation remains to be seen.


Diagnosed with testicular cancer in October 1996, the disease soon spread to his lungs and brains. Armstrong's doctors gave him a 40 percent chance of survival at the time and never expected he'd compete at anything more strenuous than gin rummy. Winning the demanding race less than three years later made Armstrong a hero.


___


Jim Litke reported from Chicago.


Read More..

NH gas prices stay stable in past week






CONCORD, N.H. (AP) — Gas prices have stayed the same in New Hampshire over the past week.


The average retail price for a gallon of gas averaged $ 3.40 on Sunday.






The national average has fallen slightly, to $ 3.26 a gallon.


The website Gasbuddy.com says prices in New Hampshire were 3.5 cents per gallon higher than the same day a year ago, and 4.3 cents per gallon higher than a month ago.


The national average is 8.7 cents per gallon lower than a year ago, and 1.4 cents per gallon lower than a month ago.


Energy News Headlines – Yahoo! News





Title Post: NH gas prices stay stable in past week
Url Post: http://www.news.fluser.com/nh-gas-prices-stay-stable-in-past-week/
Link To Post : NH gas prices stay stable in past week
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Are gun curbs just symbolism?







STORY HIGHLIGHTS


  • Gun violence recommendations are expected from Vice President Biden on Tuesday

  • The proposals are expected to contain substantive and symbolic ideas to curb gun violence

  • Presidents use symbolism to shift public opinion or affect larger political or social change




Washington (CNN) -- The pictures told the story: Vice President Joe Biden looked solemn, patrician and in control as he sat at a long table in the White House, flanked by people on both sides of the gun control issue.


The images conveyed a sense that the White House was in command on this issue.


And that's the point. Historically, presidential administrations have used symbolic imagery—at times coupled with marginal actions—to shift public opinion or affect larger political or social change.


"Politics is a risk taking project," said Julian Zelizer, a Princeton University historian and CNN contributor. "They put together these commissions in response to some crisis. You try a hundred things and hope something works."


On the eve of the Biden-led gun control task force recommendations to President Barack Obama, political experts say it is important that his administration sends a clear signal that it has things in hand.


That is especially critical in what will likely be an uphill battle to push specific changes, like an assault weapons ban, as part of a broader effort on gun control.


The first move in the image battle will be to appear to move quickly and decisively.


"You have to give the Obama administration credit for one thing: They've learned from history to do things quickly," Larry Sabato, director of the University of Virginia's Center for Politics, said of previous task force initiatives that fizzled.








In 2010, Obama appointed a bipartisan commission headed by former Republican Sen. Alan Simpson of Wyoming and Erskine Bowles, a former Democratic White House chief of staff, to come up with a proposal to balance the budget and cut the debt.


Like the gun task force, Simpson-Bowles reviewed current regulations, gathered input from the public and engaged in tense internal conversations. But after months of working on a proposal—a blend of steep revenue increases and spending cuts—the group struggled to agree to a solution. The president did not take up the recommendations.


Obama largely avoided the issue of gun control during his first term.


He wrote an opinion piece two months after the 2011 assassination attempt on Rep. Gabrielle Giffords of Arizona, acknowledging the importance of the Second Amendment right to bear arms. In the piece he also called for a focus on "effective steps that will actually keep those irresponsible, law-breaking few from getting their hands on a gun in the first place."


But in the aftermath of that shooting and as the election season loomed, the Justice Department backed off from a list of recommendations that included a measure designed to help keep mentally ill people from getting guns.


For now, at least, there is a sense in Washington that the Newtown, Connecticut, school shooting where 26 people -- 20 of them young children -- were slaughtered could lead to meaningful legislative reform.


Public opinion would seem to suggest that the White House efforts are well timed.


In the month since the massacre, a new poll showed the percentage of Americans who said they were dissatisfied with America's gun laws has spiked.


The Gallup survey released on Monday showed 38% of Americans were dissatisfied with current gun regulations, and wanted stricter laws. That represented 13-point jump from one year ago, when 25% expressed that view. "You want to strike while the iron is hot," Sabato said. "We Americans have short attention spans and, as horrible as the Newtown shooting was, will anyone be surprised if we moved along by spring?"


The White House has since worked overtime to show it considers gun control an urgent matter.


The vice president has spent the last week meeting with what the White House calls "stakeholders" in the gun control debate.


On Monday, Biden was to meet with members of a House Democratic task force on guns, along with Attorney General Eric Holder, Homeland Security Secretary Janet Napolitano, and Kathleen Sebelius, the secretary of Health and Human Services.


In a series of face to face discussions on Thursday, Biden sat down with the National Rifle Association and other gun owners groups before conferring with representatives from the film and television industry.


In a sign the White House is prepared to move aggressively on its proposals, Biden made public comments just before meeting with the National Rifle Association, the country's most powerful gun lobby.


"Putting the vice president in charge of (the task force) and having him meeting with these groups is intended to show seriousness and an effort to reach out and respond to concerns and wishes of various groups," said Alan Abramowitz, a political science professor at Emory University.


Still, the NRA expressed disappointment in its discussion with Biden and later released a statement that accused the administration of mounting "an agenda to attack the Second Amendment."


Organizations seeking tougher gun control laws insist an assault weapons ban is critical to addressing the nation's recent rash of mass shootings. However, such a ban could be difficult in a Congress mired in gridlock.


"The bully pulpit is limited. It's hard for the president to sustain that momentum," Zelizer said of the White House's gun control efforts after the Newtown shootings. "The thing about symbolism is, like the shock over Newtown, they fade quickly."


CNN's Jim Acosta and Kevin Liptak contributed to this report






Read More..

Evanston couple dealt setback in adoption of South Korean baby

A federal judge today terminated an order that gave possession of 7-month-old Sehwa to Christopher and Jinshil Duquet. The Office of Refugee Resettlement now has control over Sehwa while her immigration status is determined.









An Evanston couple fighting to adopt a South Korean baby whom they've raised since shortly after her birth was dealt a setback Monday when a federal judge returned authority over the child to U.S. officials, a step toward the child's possible deportation.


U.S. District Judge Milton Shadur made it clear that he trusted that officials would make decisions in the baby's best interest, scolding federal immigration lawyers for "a level of insensitivity and sometimes even callousness" in the past.


Shadur said it is up to the Office of Refugee Resettlement to decide whether 7-month-old Sehwa Kim should remain with Jinshil and Christopher Duquet, of Evanston, while immigration officials decide whether she should be deported, and if so, when.








But it remained unclear what next steps would be taken in considering the child's temporary and permanent placement.


A spokeswoman for the Office of Refugee Resettlement said that the U.S. Department of Homeland Security — not the ORR — will decide whether Sehwa will remain at least temporarily with the Duquets.


"ORR plays no role in the adjudication of this particular custody case," a department spokeswoman said. "We have nothing to do with immigration."


Homeland Security officials could not be reached.


South Korea has been fighting for the child's return, accusing the Duquets of circumventing their adoption procedures.


The Duquets, who say they were misled by a South Korean lawyer and thought they were participating in a legal private adoption, declined comment.


Customs officials at O'Hare International Airport flagged the child's entry into the United States in June when Jinshil Duquet brought her from South Korea. The officials said Sehwa lacked the proper visa for a prospective adoption.


"The child has a right to her Korean heritage," said Donald Schiller, a Chicago attorney who represents South Korea. "(Sehwa) will overcome it. She'll have a wonderful, loving family."


The couple appeared in Cook County Circuit Court before the federal hearing Monday after filing an application to adopt Sehwa. The judge assigned a legal guardian to represent the child, but it's unclear if that process can proceed, given the federal government's involvement.


"It's a very sad, a very tragic day for the Duquets, for justice and for concepts of fairness," said Jonathan Minkus, a lawyer representing the family.


The child's birth mother lives in a shelter for unwed mothers and does not want the baby back.


The Duquets maintain that the baby is being used as a political pawn in South Korea, which has tightened laws regarding international adoptions while encouraging its own citizens to adopt. Despite policy changes, there remains a cultural stigma against adoption, leaving many children in orphanages, experts say.


lblack@tribune.com

Twitter: @TribLocal





Read More..

West African army chiefs to approve Mali troops plan


BAMAKO (Reuters) - West African defense chiefs will on Tuesday approve plans to speed up the deployment of African troops against Islamist rebels in northern Mali, with some regional soldiers seen arriving next week.


France has already poured hundreds of troops into Mali and carried out days of air strikes in a vast desert area seized last year by an Islamist alliance that combines al Qaeda's north African wing AQIM with Mali's home-grown MUJWA and Ansar Dine rebel groups.


Western and regional powers are concerned the insurgents will use Mali's north as a launchpad for international attacks.


"On January 15, the committee of Chiefs of Defense Staff will meet in Bamako to approve the contingency plan," the mission head of the ECOWAS grouping of West African states, Aboudou Toure Cheaka, told Reuters.


"I can tell you that in one week, the troops will effectively be on the ground," he said, adding their immediate mission would be to help stop the rebel advance while preparations for a full intervention plan continued.


He did not say how many soldiers would arrive.


The original timetable for the 3,300-strong U.N.-sanctioned African force - backed by western logistics, money and intelligence services - did not initially foresee full deployment before September due to logistical constraints.


Senegal, Burkina Faso, Niger, Nigeria and Guinea have all offered troops. But regional powerhouse Nigeria, which is due to lead the mission, has cautioned that even if some troops arrive in Mali soon, training will take more time.


The plan is being fast-tracked after France rushed to respond to a plea for help by Mali's government after mobile columns of Islamist fighters last week threatened the central garrison towns of Mopti and Sevare, with its key airport.


The French defense ministry said on Monday it aimed to deploy some 2,500 soldiers to Mali to bolster the Malian army and the eventual West African force.


"SAFEGUARD MALI"


French Prime Minister Jean-Marc Ayrault said France's goals were to stop the Islamist rebels, to "safeguard the existence of Mali" and pave the way for the African-led military operation.


U.S. officials said Washington was sharing information with French forces in Mali and considering providing logistics, surveillance and airlift capability.


"We have made a commitment that al Qaeda is not going to find anyplace to hide," U.S. Defense Secretary Leon Panetta told reporters as he began a visit to Europe.


As French aircraft bombarded mobile columns of Islamist fighters, other insurgents launched a counter-attack further to the south, dislodging government forces from the town of Diabaly, 350 km (220 miles) from Bamako.


French intervention has raised the threat for eight French hostages held by al Qaeda allies in the Sahara and for 30,000 French expatriates living in neighboring, mostly Muslim states. Concerned about reprisals at home, France has tightened security at public buildings and on public transport.


The U.N. said an estimated 30,000 people had fled the latest fighting in Mali, joining more than 200,000 already displaced.


U.N. Secretary-General Ban Ki-moon on Monday welcomed the French-led military intervention in Mali and voiced the hope that it would halt the Islamist assault.


Amnesty International said at least six civilians were killed in recent fighting in the town of Konna, where French aircraft had earlier bombarded rebel positions, and called on both sides to spare non-combatants.


France, which has repeatedly said it has abandoned its role as the policeman of its former African colonies, is among the toughest proponents of a speedier deployment of the African troops, and convened a U.N. Security Council meeting Monday to discuss the crisis.


French U.N. Ambassador Gerard Araud told reporters after the meeting that the U.S., Canada, Belgium, Denmark and Germany had also offered logistical support for France's Mali operation.


"I felt that all the members of the Security Council were expressing their support (for) and understanding of the French decision," Araud told reporters.


No Europeans or other African Union members will be allowed in the defense chiefs meeting in Bamako on Tuesday, a western diplomat told Reuters, requesting not to be named.


"They don't want any French pressure at the meeting," the diplomat said.


(Reporting by Bate Felix; Additional reporting by Michelle Nichols and Louis Charbonneau at the United Nations Richard Valdmanis in Dakar, Brian Love in Paris and David Alexander in Lisbon; Editing by Richard Valdmanis and Giles Elgood)



Read More..

Yen pressured, Asian stocks subdued


SYDNEY (Reuters) - The yen plumbed a 2-1/2 year low against the dollar on Monday as Japan's central bank faced relentless political pressure to deliver bold stimulus, while Asian stocks got off to subdued start with Tokyo closed for a public holiday.


Prime Minister Shinzo Abe on Sunday said the Bank of Japan (BOJ) must set a 2 percent inflation target and make it a medium-term, not long-term, goal to show markets it was determined to pursue bold monetary easing to end nearly two decades of deflation.


His comments emboldened yen-bears, who took a fresh swipe at the currency. That saw the U.S. dollar hit a high of 89.67 yen, a level not seen since mid-2010, while the euro climbed as far as 119.84 yen, scaling a 20-month peak.


MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early dealings, but not far from a 17-month peak set on Friday. The index has gained more than 2 percent so far this year on growing optimism about the health of the global economy.


Australian's benchmark S&P/ASX 200 index rose 0.3 percent, while South Korea's KOSPI slipped 0.2 percent, partly weighed by lingering concerns about corporate earnings and a firming local currency.


Analysts at HSBC believe global developments this week will support demand for riskier assets, with U.S. and Chinese data likely to show further momentum in the world's two biggest economies.


"In addition, the Fed speaker calendar is dominated by doves in the early part of the week. These should provide reassurance that the Fed is in no rush to turn off the liquidity tap despite these early signs of encouragement on activity," they said in a client note.


Federal Reserve Chairman Ben Bernanke is due to speak later on Monday at the University of Michigan and investors are eagerly waiting for clues on how long the Fed's latest bond purchase program will last.


Any signs that the Fed is in no hurry to end its quantitative easing program could see the U.S. dollar soften against higher-yielding currencies such as the Australian dollar and those of faster growing emerging economies.


The Aussie dollar traded at $1.0531, still remaining within easy reach of a four-month high of $1.0599 set last week.


Against the euro, the greenback dipped to a fresh nine-month low. The single currency rose 0.1 percent to $1.3357, continuing to outperform after European Central Bank chief Mario Draghi last week gave no indication the bank would ease monetary policy any further.


Optimism about the global economy also helped stem a slide in oil prices. U.S. crude rose 29 cents to $93.85 a barrel, recovering from Friday's 26-cent fall, while Brent crude was little changed at $110.62 a barrel.



Read More..

Patriots beat Texans 41-28, Ravens up next


FOXBOROUGH, Mass. (AP) — Tom Brady is so good at this playoff thing he seems to be playing for a championship every year.


He gets another chance to lead the Patriots to the Super Bowl after earning his record 17th postseason victory in New England's 41-28 victory over Houston Sunday. Brady even outdid his childhood hero, Joe Montana, and a fourth NFL championship would equal Montana's haul.


"I love playing, I love competing, I love being a part of this organization," said Brady, who threw for three touchdowns and 344 yards. "I think I've just been fortunate to play on some great teams over the years. I never take it for granted."


Next up is Baltimore, which stunned top-seeded Denver in double overtime Saturday, and lost 23-20 at Gillette Stadium last January in the last step before the Super Bowl. But the Ravens beat the Patriots in Week 3 this season at Baltimore.


"I think the two best teams are in the final," Brady said. "Baltimore certainly deserves to be here and so do we."


Seldom-used Shane Vereen scored three times, twice on pinpoint throws from Brady, as New England (13-4) beat Houston (13-5) for the second time in a month.


Brady was missing some key helpers, but got the usual outstanding performance from Wes Welker, his favorite target the last six years. The AFC's top receiver with 118 catches this season, Welker looked like he might reach that total against Houston's befuddled defense. He caught six in the first half for 120 yards, including a 47-yarder, and wound up with eight for 131.


And the AFC East champion Patriots got more than anyone could have predicted from third-string running back Vereen, who scored their first two TDs on a 1-yard run and an 8-yard pass. He capped his biggest pro performance with an over-the-shoulder 33-yard catch early in the fourth period.


It was Brady's 41st postseason TD pass, behind only Brett Favre (44) and, you guessed it, Montana (45).


Nice company to be keeping.


"I grew up a 49ers fan," Brady said after throwing for three touchdowns in the AFC divisional playoff. "Joe Montana and Steve Young ... those guys are in another class.


"I hope I am around for a few more years," the 35-year-old Brady added with a smile.


The boost from Vereen offset the loss of tight end Rob Gronkowski (reinjured left arm) and RB Danny Woodhead (thumb) in the first quarter.


"Shane had a great game, just a huge growing up moment for him, very special," Brady said. "There were a lot of guys who made a lot of plays."


New England's defense helped put away the Texans. Rob Ninkovich's leaping third-quarter interception stopped a drive, and six plays later, Brady hit Brandon Lloyd for a 6-yard score.


Although the Texans got two fourth-quarter TDs on passes by Matt Schaub, their season ended with four defeats in their last six games. That slump cost the AFC South champions the top seed in the playoffs, forcing a trip to New England after they beat Cincinnati in the wild-card round.


The Texans couldn't measure up.


"Whenever the season ends, no matter when, it's really hard," tight end Owen Daniels said. "The farther along you get, the harder it is to take. It's one we wanted to win really bad. It's tough to swallow ... but one team gets to have a smile on their face at the end of the season, and it's not us this year."


Unlike their 42-14 loss here a month ago, the Texans didn't fold early. J.J. Watt, their dominating defensive end, bothered Brady, and when they fell behind 17-3, they had the fortitude to climb back.


Arian Foster did all the work after Danieal Manning's second big kickoff return, this one a 35-yarder that had 15 yards tacked on when kicker Stephen Gostkowski brought down Manning with a horse-collar tackle. The Pro Bowl runner covered all 47 yards on a five-play drive and his 1-yard run — he barely squeezed into the end zone — made it 17-10.


Houston forced a three-and-out, and a short punt gave the Texans another shot just before halftime. They got close enough for Shayne Graham to kick a 55-yard field goal as the half ended.


But the Patriots pulled away in the third quarter for coach Bill Belichick's 17th postseason win, third behind Tom Landry (20) and Don Shula (19).


Now come the Ravens.


"It's sweet just playing in the AFC championship," defensive tackle Vince Wilfork. "It's a team that beat us earlier this year at their house, and a team that's riled up for us."


Needing a quick jolt after being blown out by the Patriots on Dec. 10, the Texans got it on the opening kickoff from Manning. He took the ball 6 yards in his end zone and never hesitated in returning it. He broke free at the Houston 30 and wasn't run down until reaching the New England 12.


That spark didn't even last one play, though, and Houston wound up with Graham's 27-yard field goal 63 seconds in.


And when the Texans closed the first half with a 10-point spurt, they wasted the momentum by allowing a quick touchdown drive to open the third period. Brady went to the familiar (Welker and tight end Aaron Hernandez) on that series before second-year back Stevan Ridley scored on an 8-yard burst.


New England lost Gronkowski and Woodhead almost immediately. Gronkowski missed five regular-season games with a broken left forearm, but returned for the finale. Eight Patriots plays on offense and he was gone again.


So Brady found other targets; he probably could complete passes to Belichick for big gains.


Vereen was an unlikely star. After gaining 400 yards overall during the season, he picked up 124 against the Texans. He had four touchdowns in the regular season.


"I don't come into the game knowing how much anyone is going to play," Vereen said. "I come into the game ready to go, and if my number is called, I do my best for the team."


NOTES: Brady is 5-2 in Super Bowls and if he reaches a sixth, he'll join a club that currently totals one player — defensive tackle Mike Lodish. ... New England has played in eight AFC championship games, going 7-1, including 5-1 with Brady and Belichick. ... Brady threw for 344 yards, and Schaub threw for 343. Schaub's TD passes were 25 yards to DeVier Posey and 1 to Foster. ... Foster had 90 yards rushing, the first time in four playoff games he did not reach 100. But his 515 tie for most in a player's first four playoff games with Denver's Terrell Davis.


___


Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL


Read More..

Politicians slam “extremely generous” wind power cable scheme






LONDON (Reuters) – A new system devised to attract investors to spending money on connecting Britain‘s offshore wind farms is too generous and does not offer a good deal for consumers, a parliamentary committee said on Monday.


The government wants a huge fleet of offshore wind farms to produce between 8 percent and 15 percent of Britain’s electricity by 2020 to reduce carbon emissions.






All wind farms built at sea need to be connected to the onshore grid by expensive subsea cables.


To ensure that the transmission cables are built, energy regulator Ofgem and the government’s Department of Energy and Climate Change have put in place a licence tender system whereby investors receive returns of 10-11 percent.


The Committee of Public Accounts, however, was critical of the system and described it as “extremely generous”.


“Not only is it unlikely that this new licensing system for bringing electricity from offshore wind farms onto the national grid will deliver any savings for consumers, it could well lead to higher prices,” committee chairwoman Margaret Hodge said.


Licencees will receive a total of about 17 billion pounds through the system, a cost that will eventually be passed on to consumers through electricity bills.


The committee interviewed representatives from the government, the regulator and the electricity industry to assess the new regime.


“We have not seen convincing evidence to show that there will be savings for consumers from this scheme compared with potential alternatives,” the committee said.


The politicians recommended that the regulator should consider imposing a system linked to retail prices and to request that investors disclose actual returns they make from operating the cables.


The committee said that the government and regulator should also analyse whether 20 years of guaranteed income is beneficial or whether shorter licence periods are necessary.


It was also concerned about competition in the offshore wind transmission market because four out of six licences that have already been issued were won by one company, Transmission Capital Partners.


“The department and the authority (regulator) must also ensure that the offshore electricity transmission market remains competitive and does not become an oligopoly,” the committee said.


(Reporting by Karolin Schaps; Editing by David Goodman)


Energy News Headlines – Yahoo! News





Title Post: Politicians slam “extremely generous” wind power cable scheme
Url Post: http://www.news.fluser.com/politicians-slam-extremely-generous-wind-power-cable-scheme/
Link To Post : Politicians slam “extremely generous” wind power cable scheme
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Quest: U.S. economy to dominate Davos




The United States and the sorry state of its political and budgetary process will be the center of attention at Davos, writes Quest




STORY HIGHLIGHTS


  • Quest: Davos is a chance to see where the political and economic landmines are in 2013

  • Quest: People will be speculating about how dysfunctional the U.S. political process has become

  • Quest: Davos has been consumed by eurozone sovereign debt crises for three years




Editor's note: Watch Quest Means Business on CNN International, 1900pm GMT weekdays. Quest Means Business is presented by CNN's foremost international business correspondent Richard Quest. Follow him on Twitter.


(CNN) -- It is that time of the year, again. Come January no sooner have the Christmas trees been taken down, as the winter sales are in full vicious flood the world of business start thinking about going to the world economic forum, better known as Davos.


For the past three years Davos has been consumed by the eurozone sovereign debt crises.


As it worsened the speculation became ever more frantic.....Will Greece leave the euro? Will the eurozone even survive? Was this all just a big German trick to run Europe? More extreme, more dramatic, more nonsense.


Can China be the biggest engine of growth for the global economy. Round and round in circles we have gone on these subjects until frankly I did wonder if there was anything else to say short of it's a horrible mess!


This year there is a new bogey man. The US and in particular the sorry state of the country's political and budgetary process will, I have little doubt, be the center of attention.


Read more: More 'cliffs' to come in new Congress


Not just because Congress fluffed its big test on the fiscal cliff, but because in doing so it created many more deadlines, any one of which could be deeply unsettling to global markets... There is the $100 billion budget cutbacks postponed for two months by the recent agreement; postponed to the end of February.


At exactly the same time as the US Treasury's ability to rob Peter to pay Paul on the debt ceiling crises comes to a head.


Read more: Both Obama, GOP set for tough talks ahead


The Treasury's "debt suspension period" is an extraordinary piece of financial chicanery that if we tried it with our credit cards would get us locked up!! Then there is the expiration of the latest continuing resolution, the authority by which congress is spending money.


There is the terrifying prospect that all these budget woes will conflate into one big political fist fight as the US faces cutbacks, default or shutdown!!


I am being alarmist. Most rational people believe that the worst sting will be taken out of this tail....not before we have all been to the edge...and back. And that is what Davos will have on its mind.


People will be speculating about how dysfunctional the US political process has become and is it broken beyond repair (if they are not asking that then they should be...)




They will be pondering which is more serious for risk...the US budget and debt crises or the Eurozone sovereign debt debacle. A classic case of between the devil and the deep blue sea.




The official topic this year is Resilient Dynamism. I have absolutely no idea what this means. None whatsoever. It is another of WEF's ersatz themes dreamt up to stimulate debate in what Martin Sorrell has beautifully terms "davosian language" In short everyone interprets it as they will.




What I will enjoy, as I do every year, is the chance to hear the global players speak and the brightest and best thinkers give us their take on the global problems the atmosphere becomes febrile as the rock-stars of finance and economics give speeches, talk on panels and give insight.




Of course comes of these musings, it never does at Davos. That's not the point. This is a chance to take stock and see where the political and economic landmines are in 2013. I like to think of Davos as the equivalent of Control/Alt/Delete. It allows us to reboot.


We leave at least having an idea of where people stand on the big issues provided you can see through the panegyrics of self congratulatory back slapping that always takes place whenever you get like minded people in one place... And this year, I predict the big issue being discussed in coffee bars, salons and fondue houses will be the United States and its budgetary woes.







Read More..

Car drives into Apple store in Lincoln Park, injuring one









An elderly person drove a Lincoln Town Car into the Lincoln Park Apple store this evening leaving one person with minor injures, officials said.

Fire Department paramedics were called to the store at 801 W. North Ave. at about 6:30 p.m. this evening, said Chicago Fire Department Spokesman Joseph Roccasalva.

Chicago police were on the scene and investigating the crash, said Chicago News Affairs Officer Joshua Purkiss. The driver was described as elderly, he said.

The dark-colored sedan drove through the glass walls and made it about four or five feet inside, where it seemed to turn and rested near display cases holding headphones and other accessories, according to witnesses.


There were shards of glass strewn on the ground from the impact, according to witnesses.

Initially people refused treatment in the incident but paramedics were later called back to the scene and took an injured person to Advocate Illinois Masonic Hospital in good condition, said Roccasalva.

A store employee refused to comment and referred calls from the media to a media representative who did not immediately return calls.


Phillip Chang, 32, was dining at Burger Bar when his friend's six year old son motioned him over to the window to see a car driving into the window of the Apple store.





"He told us to come see what happened," Chang said.


"I think it was driving too fast," said Jack Dutton, 6, as he sat in Chang's arms.


Chang said the store didn't seem to be crowded at the time of the crash. "The store seemed to be closed already," he said.


The store's website indicated that the store was open until 7 p.m. Sunday.


Chicagobreaking@tribune.com

Twitter: @ChicagoBreaking





Read More..