The Australia clause bites back Oct 24, 2009
Australia's motive was that all Kyoto targets were to be measured from the base year 1990, and in the late 1980s and early 1990s there was an extraordinary amount of land clearing, especially in Queensland. By 1997 this had all but stopped, and indeed reafforestation and other measures meant land use practices in some years were a net gain for Australia in measuring its greenhouse gas emissions. (Sydney Morning Herald -- Opinion)
Comment: Smoke And Mirrors Oct 23, 2009
8 per cent more GHGe in 2007 than in 1990, the base year for calculating emissions according to the Kyoto Protocol, despite many of them agreeing to cut back emissions under the protocol's mandate. The US's CO2 emissions have increased by 20 per cent in 17 years. (India Times, India)
Annual inflation at 1.21% on October 10 Oct 22, 2009
On Monday, the Indian cabinet approved the launch of a new monthly inflation data series with 2004 as the base year. Read business stories in. (India Times)
Will the monthly computation of inflation data be more effective than the weekly one? Oct 21, 2009
The WPI will now be released on a monthly basis, will have a wider and updated basket of products and a more recent base year, making it more reliable, current and representative ... The monthly WPI index will take into account price changes in more commodities and the base year will be updated to 2004-05 from the current 1993-94. (India Times)
GOOGLE seeks ways to 'save forests'... Oct 21, 2009
A base year of 1990 might be used, in line with the U.N.'s Kyoto Protocol for cutting industrial emissions. Under the satellite project, a first phase was to show how much of a country was forested. (The Drudge Report)
Welcome new price index Oct 20, 2009
Further, the revamped WPI would cover about 900 items instead of 435 at present, and the base year is being brought forward from 1993-94 to 2004-05. These changes would make the price index more reliable as a policy guide. (India Times)
Govt clears the way for 5% stake sale in NTPC Oct 20, 2009
The CCEA also gave its approval to the commerce ministrys proposal to release wholesale price inflation data on a monthly basis, with a wider and updated basket of products and a more recent base year. Read business stories in. (India Times)
Govt approves WPI series, NTPC stake sale Oct 19, 2009
NEW DELHI: The cabinet on Monday approved release of new monthly inflation data with 2004 as the base year, Trade Minister 00004000 Anand Sharma said, in line with global best practices ... Cabinet today approved release of new monthly inflation data with 2004 as base year. (India Times)
What is IIP? Oct 18, 2009
The IIP numbers, released every month in India, for instance, use 1993-94 as the base year for comparison. The IIP figures are generally seen as an important but short-term indicator of whether industrial activity in a country has risen or dipped, till more detailed studies or surveys are available. (India Times)
An interview with Tony Lesperance Oct 15, 2009
In 1982, which was the base year for my study, Elko had 210,000 cattle and calves as of January 1. That figure was 133,000 in 2008, a decline of 77,000 head of cattle, or 37 percent. (Minnesota Farm Guide, MN)
CSC wins recompete for Education's online library Oct 15, 2009
The new agreement has one base year and four one-year options. The Education Resources Information Center is designed to be a comprehensive, easy-to-use, searchable, Internet-based bibliographic and full-text database of education research and information for educators, researchers, post-secondary faculty and students, parents and the general public, according to CSC.. (FCW.com)
Uncle Sam Demands More Than Valentine From Farmers (2) Oct 11, 2009
Farmers are allowed to use a negative farm income for calculations in the base year, they say. However, this loss carried from the base year to other years in the calculation must be removed from the base year calculation to prevent a double tax benefit. (Agri-View, WI)
Climate change is making us sick Oct 9, 2009
According to the Australian greenhouse National Accounts my state has reduced GHG emiissions by a massive 24% since the Kyoto base year ... This is because the proposed ETS targets are from year 2000 not the international base year. (Sydney Morning Herald -- Opinion)
PUC approves tariffs for 'green' energy Sep 30, 2009
In the long run, over the 20-year term of a [feed-in tariff] contract, the ratepayer will benefit from the utility s ability to procure power at a known cost derived from the cost of money in the base year and not derived from or linked to the unstable price of oil, the decision states. However, PUC Commissioner Les Kondo submitted a dissenting, saying he was concerned about the potential cost to HECO customers. (Pacific Business News, HI)
GenVec wins $2.3M for HIV vaccine work Sep 25, 2009
After receiving $7 million in its first base year of this NIAID contract, GenVec has collected $19. 6 million so far, averaging $4. (Baltimore Business Journal, MD)
SAIC wins $26 million Navy support contract Sep 24, 2009
The follow-on task order has one base year and four, one-year options. Work will be performed primarily in Virginia Beach, Va. (FCW.com)
US praise for plan to accelerate talks Sep 21, 2009
Developed countries will be expected to commit to absolute reductions compared to a base year - probably 1990. Climate Minister Penny Wong made a presentation of the Australian work to the Major Economies Forum, which comprises the 17 largest economies and the EU, in Washington on Friday. (Sydney Morning Herald -- Opinion)
Fat Profit Margins Are Road Map to Three Stocks Sep 14, 2009
It is too sensitive to the starting point, making companies look unduly strong when they are coming off a bad year, or unfairly weak when the base year is an especially prosperous one. There is no way investors will stop looking at earnings growth rates (nor would I want them to), but there are other measures that are helpful. (Bloomberg -- Columnists)
Inflation: Lesser weightage for food Sep 13, 2009
The base year for the new index will be 2004-05. At present, the WPI is calculated on 1993-94 base. (India Times)
Xcel rate-increase request opposed Sep 10, 2009
75 percent return on equity, or $84 million per year, depending on which calendar year the commissioners want to consider as a base year of costs ... Xcel said that most stakeholders suggested using 2008 as the base year to calculate rates adjusted for expenses expected in 2010 that are associated with the new $1 ... Xcel said that, using those two factors: 2008 as the base year and adjusting for 2010 expenses at the two power plants, worked out to a revenue requirement of $147 million. (Denver Business Journal, CO)
Property taxes may drop in California Sep 3, 2009
If negative inflation occurs over the 12-month period ending in October, then all Proposition 13 base year values must be adjusted downward to reflect the deflation, according to an opinion published by the Board of Equalization ... Under Proposition 13, once such a base year value is established, it must be adjusted in subsequent years by an inflation factor, but any increases resulting from these annual adjustments are capped at 2 percent per year ... To reflect such deflation, the announced... (Sacramento Business Journal, CA)
WTO approves $295M in Brazilian sanctions on U.S. Sep 1, 2009
Arbitrators used 2006 as a base year for the ruling, and said U.S. payments would have to increase significantly for Brazil to be allowed to punish American drug patents. "The cumulated amount of countermeasures to which Brazil is entitled to is $294.7 million," the WTO said in a two-part ruling totaling 269 pages. (USA Today -- Money)
Oklahoma State coach: UGA ‘not ... Aug 31, 2009
We know they have a strong recruiting base year in and year out. Coach [Mark] Richt s established there. (Athens Banner-Herald)
Gundy doesn't buy rebuilding talk Aug 29, 2009
"So we're not really buying that Georgia's doing much rebuilding. We know they have a strong recruiting base year in and year out. Coach (Mark) Richt's established there. He's done a great job.". Moreno rushed for 70 yards in his collegiate debut in Georgia's 35-14 victory over the Cowboys in 2007. (Athens Banner-Herald)
Japan's jobless rate went up by 0.3 percentage points to hit a record 5.7 percent in July on a seasonally adjusted basis, according to official statistics released Friday.• Japan's key CPI falls 2.2% in July Aug 28, 2009
1, compared with the gauge of 100 for the base year of 2005, the ministry said in a preliminary report. The core CPI for Tokyo, which is deemed as the leading indicator of prices across Japan, dropped by 1. (Xinhuanet, China)
Japan's jobless rate hits record 5.7% in July Aug 28, 2009
1, compared with the gauge of 100 for the base year of 2005, the ministry said in a preliminary report. WASHINGTON, Aug. 27 (Xinhua) -- The American economy shrank at an annual rate of 1 percent in the second quarter, a better-than-expected showing, the U.S. Commerce Department reported Thursday. (Xinhuanet, China)
Sensex bettered returns after poor rains in 21st century Aug 19, 2009
However, an analysis of monsoon deficient years since 1979 the base year of sensex suggests there is limited correlation between a poor monsoon and stock markets. Since 1979, there have been six drought years, according to the Indian Institute of Tropical Meteorology. (India Times)
Japan revises up key economic gauge for June Aug 18, 2009
0 against 100 for the base year of 2005, compared with a preliminary reading of 87. 8 released on Aug. 6. (Xinhuanet, China)
Alion wins Naval modeling, simulation contract Aug 14, 2009
The contract has one base year and four, one-year options. will provide technical engineering and program management support for modeling and simulation software development. (FCW.com)
Govt looks to replace four decade old tax law Aug 13, 2009
The Code further proposes abolition of STT. Capital gains on shares and securities has been proposed to be taxed as income, added to other income after indexation with base year 2000. The capital gains regime is proposed to be simplified by eliminating the distinction between long-term and short-term capital assets, Vikas Vasal, executive director, KPMG.. (India Times)
Keres snags $3.5 million contract Aug 6, 2009
The contract is divided into two years, including a base year with an estimated contract value of $2 million, and an option year with an estimated value of $1. 5 million. (New Mexico Business Weekly, NM)
Integrys Energy Group, Inc. Reports 2009 Second Quarter Financial Results Aug 6, 2009
Integrys Energy Group reiterates its expected long-term diluted earnings per share growth rate of 4% to 6%, on an average annualized basis, with 2009 as its base year, excluding non-cash derivative accounting and inventory valuation adjustment gains and losses. Integrys Energy Group's management will discuss earnings guidance for 2009 and also for 2011, the first full year it expects to be a predominantly Midwestern regional regulated utility company, during its earnings conference call at 8... (PR Newswire)
A new mode to make the great leap forward Aug 3, 2009
In 1950, Malaysias real per capita gross domestic product (base year 1990) was US$1,696, nearly double that of South Koreas US$876. By 1973, Malaysia (US$3,167) was already losing ground to South Korea (US$2,840). (The Star Online, Malaysia -- Business)
'WPI series to have 04-05 as base yr' Aug 1, 2009
New WPI series to have 04-05 as base year: FM- Policy-Economy-News-The Economic Times ... New WPI series to have 04-05 as base year: FM1 Aug 2009, 0122 hrs IST, ET Bureau ... The move, which will also change in the base year of the wholesale price index (WPI) series from 1993-94 to 2004-05, is aimed at tracking changes in price level accurately. (India Times)
Overview: Equities end month with a flourish Aug 1, 2009
4 per cent contraction in the first quarter, although comparisons were made difficult by backward revisions caused by the adoption of a new base year. The report leaves the US economy in a good position to grow over the coming quarters, said Signe Roed-Frederiksen, senior analyst at Danske Bank. (FT.com -- Markets)
SABMiller-related boards still a small closed world Jul 29, 2009
Gouws says population data will also provide trends and in this regard Stats SA's data is usually accurate since they are based on a base year and a number of other variables. This means that the 2011 census, for which Stats SA is already preparing, needs to overcome the challenges of data collection and provide reliable information so the government can spend wisely. (Business Report, South Africa)
Yolo County property tax values inch lower Jul 24, 2009
The reduction was partially offset by new construction, properties with older base year values changing ownership, agricultural properties and properties where the taxable value was less than market, thus receiving the 2 percent increase required by Proposition 13, the news release said. Most properties that the county examined were acquired after January 2003. (Sacramento Business Journal, CA)
India, U.S. talk climate, but little progress seen Jul 23, 2009
Stern was quoted as saying by the Times of India newspaper on Wednesday that accepting 1990 as the base year for emission cuts was "not doable from an economic point of view and certainly not from a political point of view." The newspaper said the U.S. team had also raised the issue of India's dependence on dirty coal, which forms about 70 percent of India's energy basket. Such a stand, analysts said, was a clear indication of the hurdles in the bilateral dialogue. (Scientific American)
ICF supplies management support to State Department Jul 21, 2009
The agreement, which consists of one base year and four option years, began in June. ICF, of Fairfax, Va. (FCW.com)
India to Unveil New Consumer Inflation Index to Correct Price `Disconnect' Jul 20, 2009
The new consumer index, with a base year of 2007-2008, will be compiled from a sample of 2,000 villages, Sen said. He said the statistics department has subcontracted the field work to the postal department, which has put 2,400 people on the job. (Bloomberg -- Asia)
U.S. must lead the climate battle by example Jul 17, 2009
2 percent, taking 1990 as the base year ... The Europeans have pledged a 20 percent reduction from a much earlier base year, which will require much more aggressive cuts. (Xinhuanet, China)
Comment: Climate Of Discord Jul 12, 2009
The specifics of base year, too, are unclear. While developed countries demand that the developing ought to commit themselves first to cut down their emissions despite India's per capita emissions being 20 times less than that of the US the developing countries expect the well-off nations to reduce their emissions by at least 40 per cent below 1990 levels in the short term. (India Times, India)
Ghana Cedi gains to dollar but falls to. Jul 11, 2009
Change for the year to date and change base year (July 03 2007) to date now stands at 23 ... 77 per cent since its base year. (Ghana Web, Ghana)
G8's step forward Jul 10, 2009
The EU has been in favor of the base year of 1990, while the US wants to use as the reference the level of 2005, which is much higher than that of 1990. Leaving the issue open means there would be a bigger tug-of-war over how and what concessions could be made in the run up to the UN Climate Change Conference to be held in Copenhagen later this year. (Xinhuanet, China)
G-8 as climate change forum: baby steps Jul 10, 2009
EDITOR'S NOTE: In Japan last year, the US did not agree to a specific base year from which to make a 50 percent reduction. . (Christian Science Monitor -- World)
Little change in Vectra small-biz index Jul 10, 2009
0 for calendar year 1997 as its base year. Colorado's unemployment rate was estimated at 7. (Denver Business Journal, CO)
Prentice Says Canada Won't Change Its Targets for Greenhouse Gas Cuts Jul 10, 2009
Instead, Canadian discharges have grown by more than 20 percent from the base year. Under the current plan, Canada also has changed its base year to 2006. (Bloomberg -- Canada)
G8 agrees to limit global warming Jul 9, 2009
The G8 statement also failed to pinpoint a base year for the 80 percent reduction -- saying it should be "compared to 1990 or more recent years" -- meaning the target was open to interpretation. "The world will recognise that today in Italy we have laid the foundations for a Copenhagen deal that is ambitious, fair and effective," said British Prime Minister Gordon Brown. (India Times, India)
Africa: G8 Leaders Lower Target of Emission Reduction Jul 9, 2009
The EU has been pushing for a reduction by half from the base year of 1990, while the United States wants to use as the reference the emission level of 2005, which is higher than that of 1990. It had been expected that Washington would make a concession, but the declaration left the issue open. (allAfrica.com)
G8 leaders to agree on 2-degree limit on global warming Jul 9, 2009
Swedish Prime Minister Fredrik Reinfeldt, whose country holds the EU rotating presidency, added that 1990 should be the base year for setting targets for the reduction of emissions. At their last year summit, the G8 leaders agreed to halve emissions by 2050 but failed to specify the base year. (Xinhuanet, China)
G8 agreed on Wednesday to limit global warming to within two degrees Celsius above pre-industrial levels, but lowered their target of halving greenhouse gas emissions by 2050. • G8 leaders discuss world economy, climate change Jul 9, 2009
The European Union has been pushing for a reduction by half from the base year of 1990, while the United States wants to use as the reference the emission level of 2005, which is higher than that of 1990. It had been expected that Washington would make a concession, but the declaration left the issue open. (Xinhuanet, China)
Conference Board employment index falls Jul 8, 2009
The index number is relative to 100 for the 1996 base year. The index combines eight market indicators. (Wichita Business Journal, KS)
CACI International wins $34M contract Jul 8, 2009
In its new role under the four-year award -- which has one base year and three option years -- the company will continue to provide its current technical support, expand that support to new areas, and provide additional management oversight. CACI s support for the program also includes acquiring, under direction of the Army, information on selected facilities and complexes, then digitizing and loading that information into the database. (Washington Business Journal, DC)
Breaking the climate change deadlock Jul 8, 2009
Since emissions from the developing countries are on the whole lower than those of the developed world - and will need to continue to rise in the short-term as they maintain economic growth and address poverty - it has been proposed that developed countries cut emissions by at least 80 percent by 2050, taking 1990 as the base year, with major steps towards this goal over the next decade ... MEF leaders can therefore have confidence in adopting the interim and long-term targets recommended by the... (Xinhuanet, China)
India says watered down climate text likely in Italy Jul 5, 2009
Officials said persistent differences, particularly over the size of reductions in carbon emissions and the base year for comparisons, might scupper efforts to agree a joint declaration and result instead in a chairman's summary of countries' views [nL3655179 ... The current draft statement, discussed at talks in Mexico last month, omits a base year for emission comparisons and there is disagreement over language and nuances on long-term goals, Indian diplomats said ... Developing countries,... (AlertNet)
LEADERSHIP TEST Jul 4, 2009
A draft copy of the statement to be released by the major emitters sets a goal for the world to reduce emissions 50 percent by 2050, but it does not include a base year. The draft also gives a nod to the "broad scientific view that the increase in global average temperature above pre-industrial levels ought not to exceed 2 degrees C" without specifically endorsing that goal. (AlertNet)
Lawmakers - check your research Jul 2, 2009
The report stacks the deck against California even further by using 2000 as the base year of comparison - the year the state was at the peak of the tech bubble and manufacturing employment was swollen to an unsustainable peak. If we take a step back and consider trends in manufacturing from a longer perspective, then we come up with a much different picture. (San Francisco Chronicle -- Opinion)
Tax bills going down for thousands in county Jun 27, 2009
The market value as it stood Jan. 1 is compared to what is known as the factored base year value and, if the market value is lower, a change can be made. According to materials from the Assessor's Office, base year dates are either March 1, 1975; or the date on which a purchase or change of ownership occurs; or a date in which new construction is completed; or, if uncompleted, the lien date The passage of Proposition 13 in 1978 essentially froze home values at the base year of 1975 ... Davis... (San Andreas Calaveras Enterprise, CA)
President Mills Government cannot fail Ghana Jun 27, 2009
7 per cent in 1979 using 1987 as the base year. Similarly the Rawlings PNDC inherited a negative growth record of about 3 per cent in 1981, whilst the Rawlings NDC took over power in 1993 with a GDP growth rate that had fallen from a positive rate of 5. (Ghana Web, Ghana)
NAVSEA awards operational support task order Jun 26, 2009
Under the new task order, which has one base year, one option year, and three award term years, Alion will provide a broad range of operational and technical services, including resource management, enterprise application management, database and software development, and network management. Among other tasks, Alion will consolidate and enhance key information technology systems, including the NAVSEA Intranet. (FCW.com)
- IID furthers plan on how to stretch its water supply (1) Jun 24, 2009
This means the falling water charge would increase or decrease annually over the base year fee of 7. 3 million based on the change in the CPI. The change would take effect next year. (El Centro Imperial Valley Press, CA)
Lower home values mean lower tax revenue Jun 22, 2009
"Say they've owned their house for 20 years, and their base year value is $100,000. Even in this down economy, they're selling their house for $500,000, so their assessed value is going up $400,000. Just one of those sales can equalize the loss in value from a lot of other homes because it's such a windfall in revenue.". Business: Kathleen Pender on how to appeal your assessment if you think it's too high. (San Francisco Chronicle)
DynCorp lands $915M aviation contract Jun 17, 2009
Falls Church-based DynCorp (NYSE: DCP) will provide the Department of State with aviation and aviation support services in Iraq under the terms of the deal which has one base year and four one-year options. If all options are exercised the total value of the project is $915 million. (Washington Business Journal, DC)
General Dynamics assists Joint Forces Command Jun 17, 2009
This contract includes one base year and four one-year options. Work will be performed at Suffolk and is expected to be completed by June 2010. (FCW.com)
ATK gets $31M in military contracts Jun 16, 2009
The contract starts with a base year and includes four option years. Alliant will start delivering the rounds in December 2009. (Twin Cities Business Journal, MN)
