Saturday, November 5, 2011

Warming gases saw biggest jump on record

The global output of heat-trapping carbon dioxide jumped by the biggest amount on record, the U.S. Department of Energy calculated, a sign of how feeble the world's efforts are at slowing man-made global warming.

The new figures for 2010 mean that levels of greenhouse gases are higher than the worst case scenario outlined by climate experts just four years ago.

"The more we talk about the need to control emissions, the more they are growing," said John Reilly, co-director of MIT's Joint Program on the Science and Policy of Global Change.

The world pumped about 564 million more tons of carbon into the air in 2010 than it did in 2009. That's an increase of 6 percent. That amount of extra pollution eclipses the individual emissions of all but three countries ? China, the United States and India, the world's top producers of greenhouse gases.

It is a "monster" increase that is unheard of, said Gregg Marland, a professor of geology at Appalachian State University, who has helped calculate Department of Energy figures in the past.

Extra pollution in China and the U.S. account for more than half the increase in emissions last year, Marland said.

"It's a big jump," said Tom Boden, director of the Energy Department's Carbon Dioxide Information Analysis Center at Oak Ridge National Lab. "From an emissions standpoint, the global financial crisis seems to be over."

Story: NYC-sized iceberg being born on Antarctica

Boden said that in 2010 people were traveling, and manufacturing was back up worldwide, spurring the use of fossil fuels, the chief contributor of man-made climate change.

India and China are huge users of coal. Burning coal is the biggest carbon source worldwide and emissions from that jumped nearly 8 percent in 2010.

"The good news is that these economies are growing rapidly so everyone ought to be for that, right?" Reilly said Thursday. "Broader economic improvements in poor countries has been bringing living improvements to people. Doing it with increasing reliance on coal is imperiling the world."

In 2007, when the Intergovernmental Panel on Climate Change issued its last large report on global warming, it used different scenarios for carbon dioxide pollution and said the rate of warming would be based on the rate of pollution.

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Boden said the latest figures put global emissions higher than the worst case projections from the climate panel. Those forecast global temperatures rising between 4 and 11 degrees Fahrenheit by the end of the century with the best estimate at 7.5 degrees.

Even though global warming skeptics have attacked the climate change panel as being too alarmist, scientists have generally found their predictions too conservative, Reilly said. He said his university worked on emissions scenarios, their likelihood, and what would happen. The IPCC's worst case scenario was only about in the middle of what MIT calculated are likely scenarios.

Story: More weather disasters ahead, climate experts report

Chris Field of Stanford University, head of one of the IPCC's working groups, said the panel's emissions scenarios are intended to be more accurate in the long term and are less so in earlier years. He said the question now among scientists is whether the future is the panel's worst case scenario "or something more extreme."

But Reilly and University of Victoria climate scientist Andrew Weaver found something good in recent emissions figures. The developed countries that ratified the 1997 Kyoto Protocol greenhouse gas limiting treaty have reduced their emissions overall since then and have achieved their goals of cutting emissions to about 8 percent below 1990 levels. The U.S. did not ratify the agreement.

In 1990, developed countries produced about 60 percent of the world's greenhouse gases, now it's probably less than 50 percent, Reilly said.

"We really need to get the developing world because if we don't, the problem is going to be running away from us," Weaver said. "And the problem is pretty close from running away from us."

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://www.msnbc.msn.com/id/45153509/ns/us_news-environment/

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Friday, November 4, 2011

China seizes 65M counterfeit pills, some harmful (AP)

BEIJING ? Police in China have seized more than 65 million fake pills and arrested 114 suspects during a four-month investigation into counterfeit drugs.

The Ministry of Public Security said in a statement Friday that a criminal network extending over eight provinces used starch or corn powder to make fake medicines and repackaged drugs past their use-by dates.

The ministry says police also found animal feed, chemical pigments and other ingredients that are harmful to people.

Police started the investigation after discovering that a woman in central Henan province had substituted genuine medicines with fake products in pharmacies.

The ministry says 1,000 police officers broke up 117 dens that produced or sold fake medicine via websites or advertisements.

Source: http://us.rd.yahoo.com/dailynews/rss/health/*http%3A//news.yahoo.com/s/ap/20111104/ap_on_he_me/as_china_fake_drugs

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HBT: Cubs fire Quade as manager

Mike Quade is out as Cubs manager after meeting last week with new team president Theo Epstein to essentially interview for his own job.

Epstein called it ?a productive conversation? and Quade is under contract for $980,000 in 2012, but not surprisingly the new regime wants to bring in their own guy.

Ryne Sandberg?s name will no doubt be linked to the job, but in making the Quade announcement Epstein said that the Cubs? next manager ?must have managerial or coaching experience at the major league level.? That seemingly rules out Sandberg, who?s struggled to land a prominent spot on a big-league coaching staff, let alone a managerial gig.

Quade took over as interim manager in late 2010 after Lou Piniella stepped down and worked his way into the full-time job thanks to the Cubs going 24-13 down the stretch. None of that same magic was present this season, as the Cubs finished 71-91.

UPDATE: Sandberg might have to settle for the Cardinals job, which would be ? interesting.

Source: http://hardballtalk.nbcsports.com/2011/11/02/cubs-fire-mike-quade-already-ruling-out-ryne-sandberg/related/

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Apple misses iTunes Match launch deadline

Apple initially stated they would officially launch their iTunes Match service by the end of October. We previously heard they would be launching the service this past Saturday. Seeing as the developer beta expires today we are wondering whether or not we will see an official launch...

Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/s15RRDElU5o/

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Thursday, November 3, 2011

DoubleX Gabfest: The Roving Eye Edition

In this week?s gabfest, DoubleX founding editor Hanna Rosin, Slate senior editor Jessica Grose, and special guest, Slate national correspondent Will Saletan discuss the sexual harassment charges against Herman Cain, Steven Pinker?s new book, The Better Angels of Our Nature: Why Violence Has Declined and his argument about how the feminization of our culture has lead to a lower crime rate. Finally, Hanna Rosin interviews New Yorker star Susan Orlean about Rin Tin Tin: The Life and the Legend.

The DoubleX weekly "coffee talk" endorsements:

Source: http://feeds.slate.com/click.phdo?i=100513f5f1ecb0626919f6a9d5ac44aa

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Obama to make decision on controversial oil pipeline (Washington Post)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/156530242?client_source=feed&format=rss

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Can Gap Regain Its Mojo? (The Motley Fool)

Cost-cutting has become a patented move for U.S. clothes retailer Gap (NYSE: GPS - News). The company, which has been experiencing a general decline in sales since 2005, has managed to stay above water through cost-control measures. Despite its efforts, Gap is forced to downsize in the U.S. Let's see if Gap will be able to maintain its profitability.

Lean machine
Gap, which operates the brands Gap, Old Navy, Banana Republic, Piperlime, and Athleta, plans to reduce the number of stores to 700 in the next two years, a 21% cut across North America. All of the stores to be closed are under the Gap banner. The company is also planning to reduce the total square footage of its Old Navy brand stores by 1 million square feet. The moves are a part of the plan to reduce costs. For the first quarter of 2011, Gap's operating margins were 8.5%. However, after reducing the store counts, the retailer should have a good shot at returning to the 2010 operating margin of 13.4%.

Beyond these borders
While Gap is reducing exposure in the U.S., it's expanding operations in China. Expansion of flagship stores in foreign countries is an old strategy of American retailers. In China, the company expects to increase Gap stores from six to 45 by the end of 2012, and hit 400 franchise stores globally by the close of 2014.

Matters for concern
But while Gap tries to cut costs, it'll be important for it to remain profitable. Top-line growth is necessary for any organization, and Gap is certainly no exception. The company has been snowed under falling sales for years. September same-store sales fell 4% against the same period last year. This is worth noting at a time when peers Macy's (NYSE: M - News) and Target (NYSE: TGT - News) have reported rising same-store sales of 4.9% and 5.3%, respectively.

The main reason behind declining sales is the shift in consumer loyalty. Gap stores have become known for dull and neutral clothing, and cash-strapped consumers are not always willing to spend the extra money on a brand that falls between the high-end and discount segments.

Foolish bottom line
Cost-cutting measures can't always bail out Gap. Again, just opening new stores won't allow the company to boost sales organically. It must connect with consumers' needs and preferences. Until the company finds that connection, I'm staying away from the stock.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http%3A//news.yahoo.com/s/fool/20111102/bs_fool_fool/rx159978

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