Snowden revelations a threat to US-China relations, says Beijing | World news China has warned that revelations of electronic surveillance on a huge scale by American intelligence agencies will "test developing Sino-US ties" and exacerbate their "soured relationship" on cybersecurity. The assessment in an article and editorial carried by the state-run China Daily represents the first official comment in state media as China grapples with the presence in Hong Kong of Edward Snowden, the US analyst who revealed himself as the source of the Guardian exposé. Quoting analysts, the China Daily article said the "massive US global surveillance programme … is certain to stain Washington's overseas image" and pointedly referred to Washington recently levelling claims of hacking at other governments, including China's. "Observers said how the case is handled could pose a challenge to the burgeoning goodwill between Beijing and Washington given that Snowden is in Chinese territory and the Sino-US relationship is constantly soured on cybersecurity," the paper said. On Wednesday, Snowden commented for this first time since disclosing his identity as the source of a series of leaks from the US National Security Agency (NSA). In an interview with the South China Morning Post, he vowed not to "hide from justice" and would put his trust in the Hong Kong legal system. Snowden also claimed that the US had been hacking Hong Kong and China since 2...
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Crown Capital Management Asia - Edward Snowden's NSA
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Posted June 14, 2013
By Paula Pepe
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The Great Renewable Energy Scam: Is There A Change In The Wind?
Community, Environmental Design
People don’t like being forced to purchase things they may not want, which is why over half of us are hoping that the Supreme Court throws out the individual insurance mandate in President Barrack Obama’s health care plan. There’s also a worldwide rebellion brewing against being forced to purchase expensive electricity produced by so-called “renewable” sources, now being exacerbated by the availability of very cheap natural gas from shale formations. But, here in the U.S. there are some 30 different statewide “renewable portfolio standards” (RPSs) that also mandate pricey power, usually under the guise of fighting dreaded global warming.
RPSs command that a certain percentage of electricity has to come from wind, solar, geothermal, or biomass. Given that this power generally costs a lot more than what comes from a modern coal or gas plant, your local utility passes the cost on in the form of higher bills, which the various state utility commissions are only too happy to approve in the name of saving the planet. RPSs generally do not include hydroelectric power, which produces no carbon dioxide. It’s also much more predictable than solar or wind, and costs about the same as the average for gas and coal combined. It’s not in the portfolio standards because dams are soooo 20th century, and it isn’t a darling of the green lobby, like solar, wind and biomass. But hydro can deliver more juice than solar is ever likely to. Nor do RPSs allow for natural gas. There are...
Posted February 21, 2013
By kahlilburkens
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