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Boulder’s energy future is brighter
Nov 6th
City outlines implications for possible creation of electric utility
While some votes remain to be counted tonight, ballot measure 2E appears headed for a significant victory with a competing ballot measure 310 poised for defeat.
The approval of measure 2E, pending final results, will give the city flexibility in moving forward with the initial 2011 voter-approved path toward exploring the creation of a local electric utility while also recognizing concerns about unforeseen costs and customer representation. Specifically, measure 2E puts a limit on the amount the city can pay to acquire the system and clarifies some out-of-city service issues. The ballot measure includes the following:
- Setting a limit of $214 million for acquisition of Xcel’s assets and stranded costs, if stranded costs are paid in one lump sum.
- Allowing out-of-city customers, if any are included, to serve on the advisory board of a potential local electric utility.
- Facilitating utility choice on a neighborhood-by-neighborhood basis to potential out-of-city customers.
- Requiring rates of out-of-city customers to be the same as those in the same class of in-city customers.
- Limiting brokerage fees associated with acquiring debt to industry standards.
These requirements are in addition to criteria passed by voters as part of the Charter in 2011. These are:
- Rates must be equal or less than those offered by Xcel Energy at the time of acquisition.
- The utility must have sufficient revenue to cover operating costs and debt, plus carry a reserve of 25 percent of the debt amount, referred to as “Debt Service Coverage Ratio.”
- Reliability must remain comparable to that being offered by Xcel Energy.
- There must be a plan to increase renewable energy in the supply.
- There must be a plan to decrease greenhouse gas emissions that result from a fossil-fuel based electricity supply.
The original 2011 voter-approved Charter language on municipalization can be found at –http://www.colocode.com/boulder2/charter_articleXIII.htm. The provisions in 2E will be added to the existing Charter requirements.
“We are pleased with the results of today’s election concerning the municipalization ballot items,” said Heather Bailey, executive director of energy strategy and electric utility development. “The additional requirements set by 2E will address concerns about the unknown amounts of acquisition and stranded costs associated with forming a local utility and help define the path the community would like us to take towards creating the electric utility of the future right here in Boulder.”
The next steps in the municipalization exploration study will focus on the negotiation and acquisition process associated with obtaining the infrastructure the city would need to operate a safe and reliable local electric utility.
All information related to Boulder’s Energy Future and the municipalization study is available atwww.BoulderEnergyFuture.com.
–CITY–
CU study: Foreign students should stay
Nov 5th
foreign Ph.D. students to stay, CU-led study finds
Encouraging more talented foreign students to study at U.S. universities and encouraging them to launch entrepreneurial ventures here could help “revitalize innovation and economic growth” in this country, a trio of economists led by University of Colorado Boulder Professor Keith Maskus concludes.
Maskus and co-authors Ahmed Mushfiq Mobarak, associate professor at the Yale School of Management, and Eric T. Stuen, assistant professor at the University of Idaho College of Business and Economics, make this case in the Policy Forum of the Nov. 1 edition of the journal Science.
The economists’ perspective draws on their study of 100 research-intensive U.S. universities in 23 science and engineering fields, which found that both U.S. and foreign students are “essential causal inputs into scientific discovery.” The trio has also found evidence that increased student diversity boosts innovative research.
Maskus and his collaborators have found that high-performing foreign-born Ph.D. students improve the “creation of knowledge” in U.S. universities. When knowledge is created, it tends to drive entrepreneurial investment and economic growth.
In fact, the researchers found, “The productivity of the average American university science and engineering laboratory in generating publications is a bit higher if it has students from 10 different countries than if it has 10 students from one country.”
That might not seem intuitive, Maskus acknowledged. “What it comes down to is that people trained in different traditions tend to have different specialties in terms of how they come to a teamwork environment. And teamwork is more productive, more efficient if you have people with divergent ideas, so they can play off of each other.”
Such diversity of intellect, capacities and specializations makes a measurable difference, Maskus added. “It doesn’t matter so much on a factory line, but it matters a lot in an intellectual sense when you’re trying to be innovative and creative.”
The publication comes as Congress weighs whether and how to change the U.S. immigration system. A bipartisan bill that cleared the U.S. Senate in June but has stalled in the House includes provisions that partly mirror those recommended by Maskus and his team.
Based on data showing that highly skilled Ph.D.s in science and engineering tend to generate new jobs where they work, the bill would pave the way for Ph.D.s in science and engineering who are from foreign countries to gain permanent U.S. residency after graduation.
U.S. law requires foreign students to leave the country after earning their Ph.D.s unless they find employers willing to sponsor their visas, which, Maskus and his colleagues note, might not lead to permanent U.S. residency. In recent years, the percentage of foreign Ph.D.s remaining in the United States after graduation has declined.
The Senate bill would grant a green card, or permanent residence, to foreign students who get a Ph.D. in science or engineering at American universities. The bill would also facilitate green-card status to those who have recently earned doctoral degrees in science and engineering at recognized scientific institutions worldwide.
Maskus and his colleagues also recommend an entrepreneurship visa. Such a visa could be granted to those who have secured a patent and met certain milestones for getting that idea commercialized. The idea is similar to an investment visa—granted based on immigrants’ investment in the U.S. economy.
This year, Canada implemented an entrepreneurship visa that includes inventive foreign Ph.D.s. The program aims to attract science and engineering graduates from U.S. universities.
“Ultimately we think this is an important way of reinvigorating economic growth and technological change in the U.S.,” Maskus said.
Additionally, the trio contends that decisions to grant student visas to prospective graduate students from foreign countries should be granted on more factors than just their ability to pay. Historically, the ability-to-pay requirement has been used by immigration officials as an indicator that foreign students will return to their countries of origin.
In the case of foreign Ph.D.s in science and engineering, such a requirement “is short-sighted,” Maskus said. “The country should welcome people who can contribute in developing innovation and new technology and permit them to stay.”
“You have to have access to the best innovative inputs and resources in the world,” Maskus said. “The Europeans recognize that, the Australians, the Canadians.”
Addressing a commonly expressed fear, Maskus and his collaborators do not find evidence that granting green cards to high-performing foreign Ph.D.s would displace American Ph.D.s.
The research of Maskus, Mobarak and Stuen reinforces recommendations of groups ranging from the U.S. Chamber of Commerce to the National Academy of Sciences.
-CU-
Indictments: Parents aided in JonBenet’s death
Oct 25th
Grand Jury and Boulder Police say John and Patsy Ramsey murdered their kid. Straight Up
Court documents released Friday show that a Colorado grand jury voted in 1999 to indict the parents of murdered 6-year-old JonBenet Ramsey on charges of child abuse resulting in death and being accessories to a crime.
The district attorney decided that year, however, not to file charges against John and Patricia Ramsey, saying there was insufficient evidence. In 2008, a new district attorney said new DNA evidence cleared the parents and their son in the death.
The court documents, which were previously sealed, show how the grand jury sought to charge each parent with two identical counts.
“The grand jury had alleged that Patsy Ramsey and husband John Ramsey “did … permit a child to be unreasonably placed in a situation which posed a threat of injury to the child’s life or health which resulted in the death of JonBenet Ramsey.”
The grand jury also had alleged that each parent “did … render assistance to a person” who “has committed and was suspected of the crime of murder in the first degree and child abuse resulting in death.”
The documents provide no further details on who that “person” was. The grand jury had accused the couple of committing the offenses “on or between December 25 and December 26, 1996.” JonBenet was found murdered in the basement of the family’s Boulder home the day after Christmas 1996.
The Boulder District Attorney claimed in 2008 that new DNA evidence ruled out the Ramsey’s as JonBenet’s murderer. But new DA Stan Garnet gave the case back to police in 2011. He told Boulder Channel 1s Jann Scott in May that the Ramsey’s were not exonerated by him and that the case was fully in Boulder Police departments hands.
Boulder Police believe that John and Patsy Ramsey were involved with their childs murder and that there was no intruder. The new DA Stan Garnet seems to believe that too.
by Ron Baird
Jann Scott contributed to this story
some information was gathered from CNN