Wednesday, January 30, 2013

Policy Heads-up: "Obama’s New Chief of Staff on Climate Change"

From MIT's Technology Review:
President Obama says he intends to address climate change. Who he picks to fill key posts will show how serious he is. In picking Denis McDonough to serve as his new chief of staff, he’s picked someone who clearly considers climate change a serious problem (see “Obama Still Needs to Make the Case for Dealing with Climate Change”).

Prior to working for Obama, McDonough served as a senior fellow at the Center for American Progress. While there, he argued that the United States—along with other industrialized countries—has an obligation to help poor countries deal with climate change related problems and to help them reduce their reliance on fossil fuels. If his writings at the time are any indication, he could push both for market-based policies for addressing climate change and for funding to help poor countris adapt to climate change as it happens. But it’s not clear he would emphasize clean energy R&D–his writings seem to emphasize deployment of existing technology.

In a 2007 article, he argued for enacting policies “that offer the most vulnerable communities in the world the support they need to combat the impact of climate change and help them and the rest of the world transition to a low-carbon global economy. This is a climate debt the industrialized world owes to these poor nations.”...MORE
I believe it may be time to respond to the Nigerian gentleman who has been after us to set up a joint venture, I've got a feeling there is going to be a lot of money flowing:

Dear Sir, Request for Urgent Business Relationship
ALHAJI D. BAYERO
TEL/FAX: 234-90-406917
FAX: 234-90-409188
LAGOS, NIGERIA



Dear Sir,

Request for Urgent Business Relationship

I am the group managing director of the Nigeria National Petroleum Corporation (NNPC) and a member of the ad hoc committee set up by the federal government of Nigeria to review contracts awarded by the past military administration between 1985-1993. The members of the committee are interested in the importation of goods into the country with the funds presently floating in the Central Bank of Nigeria/Nigeria National Petroleum Corporation (NNPC) foreign payments account.

Our request is anchored on our strong desire to establish a lasting business relationship with you and your company. We hence solicit your partnership to enable us transfer into your account the said funds. You have been recommended to us in confidence and we were assured of your ability and reliability to prosecute business transaction that require maximum confidentiality.

Origin of Fund

This fund is presently floating in the Nigeria National Petroleum Corporation (NNPC) foreign payments account with the Central Bank of Nigeria (CBN). This is as result of grossly over invoiced contracts which were executed for the NNPC during the last administration in Nigeria, and are presently under verification. To this effect, the present administration in Nigeria set up an adhoc committee to identify, scrutinize and recommend for payment all valid contracts that have been fully executed. In the course of our assignment, we have identified a lot of misappropriated and inflated funds which are presently floating in the suspense account of the Central Bank of Nigeria ready for payment. The companies who executed their contracts have been fully paid. It is now part of the over inflated sum of USD25,320,000.00 that we intend to transfer into the foreign account.
I have therefore been mandated as a matter of trust by the members of the committee to look for a foreign partner into whose account we could transfer the sum of USD25,320,000.00 (twenty-five million, three hundred and twenty thousand US dollars) only. Hence I am writing you this letter. We have agreed to share the funds thus:...