If investors thought it was difficult to get federal government approval for projects such as export facilities, new coal mines, and new oil and gas pipelines, it is about to get much, much more difficult. The impact will adversely affect coal mining companies Arch Coal (NYSE:ACI) and Peabody Coal (NYSE:BTU), pipeline operator and owner of the proposed Keystone XL pipeline TransCanada (NYSE:TRP), electric utilities seeking to build a nuclear power plant such as Duke (NYSE:DUK) and Dominion Resources (NYSE:D) , and timber companies looking to expand logging such as Plum Creek Timber (NYSE:PCL). According to a recent article published on Bloomberg titled, Obama Will Use Nixon Era to Fight Climate Change, the administration is about to issue an executive order to mandate a climate change impact study accompany most all federal permitting processes. environment, but on the global climate as well. For instance, companies looking to acquire a permit to build a coal export facility will now be subject to scrutiny concerning the impact of burning coal in China. For example, Ambre Energy Ltd. is seeking a permit from the Army Corps of Engineers to build a coal export facility at the Port of Morrow in Oregon. Under existing rules, officials weighing approval would consider whether ships in the port would foul the water or generate air pollution locally. The Environmental Protection Agency and activist groups say that review should be broadened to account for the greenhouse gases emitted when exported coal is burned in power plants in Asia. The new guidelines for permitting will include a review of the impact of refining heavy oil from the tar sands in addition to the environmental impact of the construction and operation of the pipeline and will directly influence the building of the Keystone pipeline. energy interests on government land and anywhere federal approval is required. For instance, there are currently 10 nuclear power plant combined license applications for new reactors pending at the Nuclear Regulatory Commission. There are over 1.25 billion tons of new coal mining applications pending in the Powder River basin alone. There are over 5.8 million acres of oil and gas leases on federal lands in which the industry has expressed an interest. Below is a chart from the Bureau of Land Management that outlines the number of well bores spudded on federal land from 1988 to 2012. All of these will be subjected to the new Climate Change Environmental Review. (click to enlarge) Since the Counsel of Environmental Quality CEQ first announced its proposal, more than three dozen federal approvals were challenged on climate grounds, including a highway project in North Carolina, a methane venting plan for a coal mine in Colorado, and a research facility in California, according to a chart compiled by the Center for Climate Change Law at Columbia University. Energy investors need to carefully watch the outcome of this new push by executive order. While it may be overturned by future administrations, the legal precedents adopted by this process will live on. This far reaching move will affect coal mining, oil and gas drilling, power plant construction, electric transmission projects, logging, off shore energy development and all aspects of energy development that requires federal approval. Come to think of it, this executive order will affect just about everything we do with our national energy resources. All energy investors should take five minutes to read and appreciate the attached article. Source: Is This The Next Shoe To Drop For Energy Companies? Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More.) Nike Air Foamposite One Shooting Stars ,Air Jordan 7 Retro Bordeaux 2011 Air Jordan 6 Rings Powder Blue Nike Foamposite One Oregon Ducks Air Jordan 3 Retro True Blue 2011 Air Jordan 11 Low White Black True Red Nike Kobe 9 Low EM Away Nike Kobe 9 Low EM Premium Laser Crimson Air Jordan Spizike Challenge Red Air Jordan 6 Rings Powder Blue Fraudulent conveyance has to do with transferring assets at less than the "fair cash value" thereby defrauding a potential creditor or the intentional divesting of assets which become unavailable for satisfaction of a lawsuit. Fair cash value means cash or near cash value at the time of transfer, not the price you paid for the asset. Example: you transfer your portion of your equity in your home to your wife for $100.00 and the fair cash value of your portion of the equity was $250,000 or you transfer title to your car to your brother for $10.00. The most common methods of holding assets by INDIVIDUALS: A General Partnership is an association of individuals, collectively owning property or a business relationship of a collective group of individuals acting as a business unit/enterprise as a going business concern. The worst way to hold any asset or to do business as a partner is a General Partnership. In my opinion, there's absolutely NO advantage, whatsoever. It's all negative. Each member of the General Partnership is liable for all potential liabilities of each of the other partners. In other words, an employee of the General Partnership causes an accident while on company business. Each of the Partners individually can be held 100% liable. The deeper pocket theory is he who has the most to lose will lose the most. NEVER do business in General Partnership or become a partner of a General Partnership. Limited Partnership is one or more General Partners and one or more Limited Partners. The General Partner(s) controls all actions of the partnership. The Limited Partners are the silent partners; the Limited Partners have no control. In certain cases the Limited Partnership has significant asset protection and tax advantages. For example, in a Family Limited Partnership the Parents take the responsibility of day to day management as a 2% General Partnership (each Parent 1%) and retain 98% as Limited Partners. In each of the subsequent years, each of the General Partners (the Parents) gift each of their children an excluded gift tax amount of $12,000 (for the taxable year beginning 2006 and thereafter). Over time, the children will have a 98% interest in the Family Limited Partnership. the Parents). This is a noteworthy tax efficient way to transfer wealth from the Parents to their children tax free. Another tax advantage for Estate Taxes is the valuation of a minority interest as a Limited Partner due to lack of control or ability to sell a minority interest. A Limited Partner is a "Silent Partner" in the management and control and therefore, the Limited Partnership Interest has a discounted value, generally up to 40% as a minority interest, depending on the nature of the assets. Additionally, the Limited Partnership interest has a discounted marketability, up to 40%. Combined, minority interest and lack of marketability, for estate tax purposes it can be argued that the fair cash value of asset is diminished by as much as 80%. Aggressive? The IRS considers this type of discounting abusive. For asset protection purposes, the Family Limited Partnership, for decades, has been considered the Cadillac of Unites States asset protection systems. By definition a Partnership is considered to be two or more persons. ON FAMILY LIMITED PARTNERSHIPS The more commonly recognized advantages for the Family Limited Partnership are: 1. Family Limited Partnership Asset protection. The creditor may not step into the shoes of the "Partner." The only remedy for the creditor is the "charging order" obtained subsequent to litigation and judgment in favor of the creditor. A creditor who obtains a charging order is therefore liable for Federal Income Taxes on their pro rata share of the partnership income even though the creditor may never be able to receive or collect the income. A major detriment to the creditor. 2. Family Limited Partnership on Reduction of Federal Estate Taxes. You can make a lifetime of gifts under the gift tax rules ($12,000 for 2006 and forward) and still retain all the control. 3. A reduction in taxable estate tax valuation by application of discounting for lack of marketability and minority interest. The negative of Limited Partnerships is the "General" Partnership interest. If the General Partner loses a frivolous lawsuit to a creditorthe creditor controls the Partnership. The other negative is that Partnership interests go to Probate and are includible assets for the Estate Tax. This problem can be avoided if the "General Partnership" interest is owned by an Irrevocable Trust. For "Asset Protection purposes" the LLC is creditor proof. Creditors cannot step into the shoes of the LLC. The sole remedy of the creditor is a "charging order" against the members, unenforceable against the LLC, similar to the Partnership, described above. The legal characteristic most interesting to the business world is undoubtedly the limited liability status of LLC owners. With the exception of corporate entities, the LLC is the only form of legal entity that lets all of its owners off the hook for business debts and other legal liabilities, such as court judgments and legal settlements obtained against the business. Another way of saying this is that an investor in an LLC normally has at risk only his or her share of capital paid into the business. Nike Air Foamposite One Shooting Stars,Couch cushions tend to get flattened and sag over time, and this normal wear and tear happens more rapidly on heavily used furniture. Expect your sofa to sag more quickly if it is frequently used as a bed. This does not ruin it, but it makes the furniture less comparable and attractive. Flattened cushions are especially annoying if one side sags more than the other because the sleeper regularly puts more weight on one side. Varying the sleeping position and turning and plumping the cushions regularly helps prevent this problem. Couch arms are not built to support a great deal of weight, so sitting on them or allowing children to jump and play on them can cause breakage, G Plan Upholstery advises. Sleeping may also place extra stress on a sofa's arms, depending on your height, weight and usual sleeping position. A tall person who does not fit completely on the couch must sleep with legs extended over the arm. This places stress on the furniture all night, and the cumulative hours of pressure can eventually ruin the sofa arms. You increase the risk of damage if you tend to toss and turn a lot overnight. Drooling in your sleep is a common problem, especially if you sleep with your mouth open, according to Dr. The saliva that collects in your mouth overnight overflows onto your pillow or adjacent surfaces. If you are sleeping on a couch, the saliva will repeatedly saturate the material each night if you have cloth or microfiber furniture. Eventually the moisture can damage the furniture. You are more likely to drool in your sleep if you have a respiratory infection, but some people do it habitually. Covering the couch with a sheet or blanket under the pillow helps prevent damage.
Sale Online Womens Nike Air Foamposite One Shooting Stars,Air Jordan 11 Low White Black Red As all moms know, baby gates are a necessary evil. It either spend a bundle on a custom wood gate that looks kinda nice (if a bit old fashioned) or the other alternative, to buy a cheap but effective metal gate that is a glaring offense to your carefully decorated house. Fortunately, Munchkin has decided that baby gates, style and safety can go together and has just introduced a gorgeous line of premium safety gates at a variety of price points that will leave you with extra cash for those equally important interior design projects. While the Numi (first image above) is considered the top of the line and comes in at $130, it won be available until January 2011. Luckily, there are a whole slew of affordable options, including the Deco pictured here that costs $70 (comment below for your chance to win one). Not only do these gates look good, they have all been approved using the most rigorous testing method and have a variety of bells and whistles (auto close and an easy detachable options) that will allow them to fit into any space however awkward and work in a variety of situations, whether you having an adult dinner party or a gaggle of tots for a birthday party. >>WIN BIG! Comment below about the amazing Munchkin Safety Gates and you could pick up a brand new Deco for your home. For more top products, picks and cool giveaways, sign up for my daily newsletter at Mamaista. This Internet site provides information of a general nature and is designed for educational purposes only. If you have any concerns about your own health or the health of your child, you should always consult with a physician or other healthcare professional. Nike Air Foamposite One Shooting Stars Back to Main MenuWeather HomeToday Forecast5 Day ForecastSchool Event ClosuresBack to Main MenuCrime Safety HomePolice BlotterReported CrimesCity of SyracuseNorth Suburbs Oswego CountyEast Suburbs Madison CountyWest Suburbs Cayuga CountyCNY TrafficBack to Main MenuPhotos HomePhoto EssaysBuy Photo ReprintsYour PhotosBack to Main MenuVideos HomeNews VideosSports VideosHigh School Sports VideosEntertainment VideosLiving VideosFayetteville Manlius Charlotte Beers hit a go ahead shot with under 30 seconds left in overtime Friday and the Hornets held on for a 50 47 win over Corcoran.I was thinking is I had to get a shot up, and I knew I had been on all night, I just hadn taken my shot, so I was confident I could do that, Beers said.The win brought F M record to 14 2 overall and clinched its first Central New York Counties League American Division title since 1998. Corcoran fell to 7 9, 5 4 in the CNYCL and needs to win one of its final two games to clinch a spot in sectionals.After Beers two pointer the Cougars had a chance to tie the game when LaBreya Stewart was fouled with 10.6 seconds left. But she missed the front end of a 1 and 1, and F M got the rebound.Beers was fouled and hit 1 of 2 free throws, but her teammate Lauren Getman grabbed the rebound on the miss and was also fouled. While she missed both free throw attempts, this left only a few seconds on the clock, and Corcoran guard Mary Morgan desperation three at the buzzer was off target.With the win, F M avenged one of its two losses on the season, with the other coming against Cicero North Syracuse, the state No. 1 team.knew that we had to come in here and play our hardest because we knew they were going to give us their best game, Beers said. always do; they always seem to manage giving us their best game, but I think we were mentally focused this time and knew we would only come out here with the win. Center Kiley Shoemaker missed the first contest with a stress fracture, and while she only had seven points, F M coach Scott DeForest still thinks she made a big contribution.time we played them they played a lot of man to man, he said. time they played a lot of zone, and I think that was specifically to be able to get other bodies on Kiley and not allow us to set picks or run plays to get her open. . Just the fact that they had to switch, it allowed a kid like Lauren (Getman) to get more looks, or Erica Assimon came in and had some shots as a three shooter for us. F M led until halfway through the fourth quarter, when a layup from Morgan tied it at 41. From there F M took a 43 41 lead, but Corcoran tied it again on a fastbreak layup from Shileeka Williams. Both teams had several opportunities to win it in the final minutes, but neither could capitalize.In the first half it looked like the Hornets would take the game easily. Corcoran was plagued by turnovers and missed shots, particularly from under the basket, and they trailed by eight points at halftime.made so many mistakes in the first half, Corcoran coach Jim Marsh said. being up on the first half wasn them playing that well, it was us turning the ball over. Getman led the Hornets with 16 points, 12 in the first half. Morgan was the only other player in the game in double figures, finishing with 19 points to lead the Cougars.
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