NEW YORK (Reuters) - U.S. stocks climbed for a third straight day on Thursday after comments from several Federal Reserve officials soothed concerns that the central bank would begin to reduce its stimulus efforts in the near future.
The Dow Jones industrial average closed back above 15,000 for the first time since June 19. The Dow scored its third consecutive day of triple-digit point gains for the first time since October 4-6, 2011.
The rally helped the S&P 500 post its best three-day run since January after three Fed policymakers sought to downplay the notion that the central bank would bring an imminent end to its accomodative monetary policy, known as quantitative easing.
"I think the Fed is trying to delicately prepare the markets for an eventual ending of QE3," said David Carter, chief investment officer of Lenox Wealth Advisors in New York.
"The Fed has bent over backwards to introduce this huge program over the past few years to get the economy going. The last thing the Fed wants to do is pull the plug too fast and have the economy go down the drain."
Thursday's advance was again broad-based. Nine of the 10 S&P 500 industry sectors gained, with financials, industrials and consumer discretionary shares leading the way. Stocks also got a lift from economic data showing a decline in weekly jobless claims and improvements in consumer spending and income.
Volatility erupted in the stock market after Fed Chairman Ben Bernanke said last week that the central bank could begin to reduce its $85 billion in monthly bond purchases later this year and end the program altogether by mid-2014 if economic conditions improve.
On Thursday, William Dudley, president of the Federal Reserve Bank of New York, said the Fed's asset purchases would be more aggressive than the timeline Bernanke had outlined if U.S. economic growth and the labor market prove weaker than expected.
Dudley stressed that slowing the pace of the Fed's bond buying would depend not on calendar dates but on the economic outlook, which remained unclear.
While the S&P 500 remains more than 3 percent below its all-time closing high of 1,669.16 reached on May 21, it has rallied 2.6 percent over the past three sessions after numerous Fed officials have sought to calm markets roiled by expectations of tighter monetary policy.
Volume was about average as some 6.3 billion shares changed hands on U.S. exchanges. More than 80 percent of stocks traded on the New York Stock Exchange advanced.
Atlanta Federal Reserve Bank President Dennis Lockhart echoed Dudley's comments, saying the pace of the Fed's purchases remained contingent on evolving economic conditions.
The Dow Jones Industrial Average <.dji> rose 114.35 points or 0.77 percent, to end at 15,024.49. The S&P 500 <.spx> gained 9.94 points or 0.62 percent, to finish at 1,613.20. The Nasdaq Composite <.ixic> added 25.64 points or 0.76 percent, to close at 3,401.86.
Hewlett-Packard was the Dow's best performer, advancing 3.2 percent to $24.77. Bank of America also ranked among the Dow's top gainers, adding 2 percent to $13.01.
A separate report showed consumer spending rose 0.3 percent last month while incomes grew 0.5 percent, the largest gain since February. Pending home sales rose 6.7 percent to their highest since December 2006.
ConAgra Foods Inc rose 5.1 percent to $35.04. The stock was the S&P 500's third-best performer after the food manufacturer reported a quarterly profit slightly above Wall Street's estimates and raised its long-term outlook.
Time Warner Cable jumped 4.4 percent to $108.22 as John Malone, chairman of Liberty Media, sounded out options for cable operator Charter Communications to acquire its larger rival, according to a Bloomberg report.
The SPDR Gold Trust ETF hit a 52-week low at $115.65 in the wake of gold's slide to its lowest level in almost three years. The price of gold dropped more than 2 percent to below $1,200 an ounce on Thursday, while the SPDR Gold Trust ETF lost 2 percent on heavy volume. With about 29 million shares traded, volume was more than double the daily average of 12.7 million over the past 50 days.
(Reporting by Alison Griswold; Editing by Kenneth Barry and Jan Paschal)
AAA??Jun. 28, 2013?2:34 AM ET Feds: Internet influenced Boston bombing suspect By DENISE LAVOIE and TOM HAYSBy DENISE LAVOIE and TOM HAYS, Associated Press??
FILE - This file photo provided Friday, April 19, 2013 by the Federal Bureau of Investigation shows Boston Marathon bombing suspect Dzhokhar Tsarnaev. A federal grand jury in Boston returned a 30-count indictment against Tsarnaev on Thursday, June 27, 2013, on charges including using a weapon of mass destruction and bombing a place of public use, resulting in death. (AP Photo/Federal Bureau of Investigation, File)
FILE - This file photo provided Friday, April 19, 2013 by the Federal Bureau of Investigation shows Boston Marathon bombing suspect Dzhokhar Tsarnaev. A federal grand jury in Boston returned a 30-count indictment against Tsarnaev on Thursday, June 27, 2013, on charges including using a weapon of mass destruction and bombing a place of public use, resulting in death. (AP Photo/Federal Bureau of Investigation, File)
U.S. Attorney Carmen M. Ortiz speaks during a news conference, announcing a 30-count indictment against Boston Marathon bombing suspect Dzhokhar Tsarnaev, Thursday, June 27, 2013, in Boston. Charges against Tsarnaev include using a weapon of mass destruction and bombing a place of public use, resulting in death near the marathon finish line on April 15. (AP Photo/Bill Sikes)
FILE - In this April 15, 2013 file photo, medical workers aid injured people at the finish line of the 2013 Boston Marathon following an explosion in Boston. A federal grand jury in Boston returned a 30-count indictment against bombing suspect Dzhokhar Tsarnaev on Thursday, June 27, 2013, on charges including using a weapon of mass destruction and bombing a place of public use, resulting in death. (AP Photo/Charles Krupa, File)
U.S. Attorney Carmen M. Ortiz pauses during a news conference, announcing a 30-count indictment against Boston Marathon bombing suspect Dzhokhar Tsarnaev, Thursday, June 27, 2013, in Boston. Charges against Tsarnaev include using a weapon of mass destruction and bombing a place of public use, resulting in death near the marathon finish line on April 15. Alongside are Richard DesLauriers, Special Agent in Charge for the Federal Bureau of Investigation, Boston Field Division, left, and Bruce Foucart, Special Agent in Charge for Homeland Security in Boston, right. (AP Photo/Bill Sikes)
FILE - In this April 15, 2013, file photo, blood from victims covers the sidewalk on Boylston Street, at the site of an explosion during the 2013 Boston Marathon in Boston. At right foreground is a folding chair with the design of an American flag on the cover. A federal grand jury in Boston returned a 30-count indictment against bombing suspect Dzhokhar Tsarnaev on Thursday, June 27, 2013, on charges including using a weapon of mass destruction and bombing a place of public use, resulting in death. (AP Photo/Charles Krupa, File)
BOSTON (AP) ? A federal indictment accusing Boston Marathon suspect Dzhokhar Tsarnaev (joh-HAHR' tsahr-NEYE'-ehv) of carrying out the April bombings says the teenager had the information he needed to make explosives with a pressure cooker easily accessible on the Internet in jihadist files
The 30-count indictment returned Thursday provides one of the most detailed public explanations to date of the Tsarnaev brothers' alleged motive ? Islamic extremism ? and the role the Internet may have played in influencing them.
It contains the bombing charges, punishable by the death penalty, that were brought in April against the 19-year-old, including use of a weapon of mass destruction to kill.
The indictment makes no mention of any overseas influence.
The advantages of using a wireless Internet radio receiver as opposed to a traditional terrestrial as well as land based receiver tends to be quite many these days. Together with Internet radio players you?re no more tied to just the stations that are offered in your local area, but channels obtainable all over the world. There are actually completely new channels arriving online daily. The only factor you need to make the most of this kind of variety is an Internet radio tuner. This can be a stand alone receiver, a computer, a television or perhaps only a smartphone.
A number of services such as Pandora, iHeart radio, iTunes and even Freeview Radio through Digital TV providers such as BT Vision?possess a great deal of channels to choose from. Also available are streaming stations from individual radio stations and also private individuals. With a lot of options to get songs from comes a limitless choice in genres too. Everything from individual decades such as the 80?s to a particular kind of music including live jazz performances. Anything you like to listen to can be found with an Internet radio player.
Other features of Internet radio consist of having the ability to obtain more information about what you might be hearing than is possible with conventional radios. The majority of streams of music usually include information regarding the song you happen to be listening to. Details such as the name of the song, name of the performer and also the name of the album can be found quite easily. Furthermore, more and more services tend to be supplying the ability to buy the song you?re listening to straight from the stream you?re hearing it on.
With regular radio stations there might be difficulties with range from the station creating bad sound quality. This is not the case with Internet radio players. So long as the Internet speed and also wireless signal is adequate the quality of sound gets close to that of a CD. This can be essential when you are listening to radio stations that often go out during storms. With online stations as long as your Internet is up you will have music and songs.
Another advantage of listening to music on the Internet is the lack of long blocks of ads. While there tend to be costs associated with offering music online, the cost is significantly less than that of a land based radio station. Additionally in contrast to conventional radio stations, online radio has much less and sometimes absolutely no limitations on it. This allows for less censoring and more independence to perform tracks that could not make it past regulators on a standard radio station.
Every one of these benefits soon add up to a lot more independence and much larger spectrum of available songs to people hearing with a wired or even wireless Internet radio receiver. With a good pair of audio speakers and Internet speed to deal with the stream, playing music online can be a lot more enjoyable and satisfying than being tied to a radio station that?s close enough to reach your typical radio antenna.
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WASHINGTON (AP) ? Lately, the jet stream isn't playing by the rules. Scientists say that big river of air high above Earth that dictates much of the weather for the Northern Hemisphere has been unusually erratic the past few years.
They blame it for everything from snowstorms in May to the path of Superstorm Sandy.
And last week, it was responsible for downpours that led to historic floods in Alberta, Canada, as well as record-breaking heat in parts of Alaska, experts say. The town of McGrath, Alaska, hit 94. Just a few weeks earlier, the same spot was 15 degrees.
The current heat wave in the Northeast is also linked. "While it's not unusual to have a heat wave in the east in June, it is part of the anomalous jet stream pattern that was responsible for the flooding in Alberta," Rutgers University climate scientist Jennifer Francis said Tuesday in an email.
The jet stream usually rushes rapidly from west to east in a mostly straight direction. But lately it's been wobbling and weaving like a drunken driver, wreaking havoc as it goes. The more the jet stream undulates north and south, the more changeable and extreme the weather.
It's a relatively new phenomenon that scientists are still trying to understand. Some say it's related to global warming; others say it's not.
In May, there was upside-down weather: Early California wildfires fueled by heat contrasted with more than a foot of snow in Minnesota. Seattle was the hottest spot in the nation one day, and Maine and Edmonton, Canada, were warmer than Miami and Phoenix.
Consider these unusual occurrences over the past few years:
? The winter of 2011-12 seemed to disappear, with little snow and record warmth in March. That was followed by the winter of 2012-13 when nor'easters seemed to queue up to strike the same coastal areas repeatedly.
? Superstorm Sandy took an odd left turn in October from the Atlantic straight into New Jersey, something that happens once every 700 years or so.
? One 12-month period had a record number of tornadoes. That was followed by 12 months that set a record for lack of tornadoes.
And here is what federal weather officials call a "spring paradox": The U.S. had both an unusually large area of snow cover in March and April and a near-record low area of snow cover in May. The entire Northern Hemisphere had record snow coverage area in December but the third lowest snow extent for May.
"I've been doing meteorology for 30 years and the jet stream the last three years has done stuff I've never seen," said Jeff Masters, meteorology director at the private service Weather Underground. "The fact that the jet stream is unusual could be an indicator of something. I'm not saying we know what it is."
Rutgers' Francis is in the camp that thinks climate change is probably playing a role in this.
"It's been just a crazy fall and winter and spring all along, following a very abnormal sea ice condition in the Arctic," Francis said, noting that last year set a record low for summer sea ice in the Arctic. "It's possible what we're seeing in this unusual weather is all connected."
Other scientists don't make the sea ice and global warming connections that Francis does. They see random weather or long-term cycles at work. And even more scientists are taking a wait-and-see approach about this latest theory. It's far from a scientific consensus, but it is something that is being studied more often and getting a lot of scientific buzz.
"There are some viable hypotheses," Stanford University climate scientist Noah Diffenbaugh said. "We're going to need more evidence to fully test those hypotheses."
The jet stream, or more precisely the polar jet stream, is the one that affects the Northern Hemisphere. It dips down from Alaska, across the United States or Canada, then across the Atlantic and over Europe and "has everything to do with the weather we experience," Francis said.
It all starts with the difference between cold temperatures in the Arctic and warmer temperatures in the mid-latitudes, she explained. The bigger the temperature difference, the stronger the jet stream, the faster it moves and the straighter it flows. But as the northern polar regions warm two to three times faster than the rest of the world, augmented by unprecedented melting of Arctic sea ice and loss in snow cover, the temperature difference shrinks. Then the jet stream slows and undulates more.
The jet stream is about 14 percent slower in the fall now than in the 1990s, according to a recent study by Francis. And when it slows, it moves north-south instead of east-west, bringing more unusual weather, creating blocking patterns and cutoff lows that are associated with weird weather, the Rutgers scientist said.
Mike Halpert, the deputy director of NOAA's Climate Prediction Center, said that recently the jet stream seems to create weather patterns that get stuck, making dry spells into droughts and hot days into heat waves.
Take the past two winters. They were as different as can be, but both had unusual jet stream activity. Normally, the jet stream plunges southwest from western Washington state, sloping across to Alabama. Then it curves slightly out to sea around the Outer Banks, a swoop that's generally straight without dramatic bends.
During the mostly snowless winter of 2011-12 and the record warm March 2012, the jet stream instead formed a giant upside-down U, curving dramatically in the opposite direction. That trapped warm air over much of the Eastern U.S. A year later the jet stream was again unusual, this time with a sharp U-turn north. This trapped colder and snowier weather in places like Chicago and caused nor'easters in New England, Francis said.
But for true extremes, nothing beats tornadoes.
In 2011, the United States was hit over and over by killer twisters. From June 2010 to May 2011 the U.S. had a record number of substantial tornadoes, totaling 1,050. Then just a year later came a record tornado drought. From May 2012 to April 2013 there were only 217 tornadoes ? 30 fewer than the old record, said Harold Brooks, a meteorologist at the National Severe Storms Laboratory. Brooks said both examples were related to unusual jet stream patterns.
Last fall, a dip in the jet stream over the United States and northward bulge of high pressure combined to pull Superstorm Sandy almost due west into New Jersey, Francis said. That track is so rare and nearly unprecedented that computer models indicate it would happen only once every 714 years, according to a new study by NASA and Columbia University scientists.
"Everyone would agree that we are in a pattern" of extremes, NOAA research meteorologist Martin Hoerling said. "We don't know how long it will stay in this pattern."
___
Follow Seth Borenstein on Twitter at http://twitter.com/borenbears
___
Online:
NOAA on the jet stream: http://www.srh.noaa.gov/jetstream/global/jet.htm
Jennifer Francis study linking Arctic sea ice loss to jet stream changes: http://bit.ly/1aAFM5g
Today, a House-Senate conference committee is set to finalize the outlines of a broad package of tax reforms that will be incorporated into the state?s two-year budget.
A new analysis by Innovation Ohio shows that nearly half the sitting members of the Ohio General Assembly could directly benefit from a new tax break aimed at business owners. Forty-seven legislators report an ownership stake in a pass-through entity, while another 10 have an indirect relationship through a spouse?s ownership or as an employee. Another 12 members list ownership in corporations that may elect to be taxed as individuals.
Both the House and Senate will cast final votes on the legislation later this week.
Read the?IO Analysis.
View the lists of Senators?and Representatives?affiliated with apparent pass-through entities.
Sea level along Maryland's shorelines could rise 2 feet by 2050, according to new reportPublic release date: 26-Jun-2013 [ | E-mail | Share ]
Contact: Dave Nemazie nemazie@umces.edu 410-221-2006 University of Maryland Center for Environmental Science
ANNAPOLIS, MD (June 26, 2013)A new report on sea level rise recommends that the State of Maryland should plan for a rise in sea level of as much as 2 feet by 2050. Led by the University of Maryland Center for Environmental Science, the report was prepared by a panel of scientific experts in response to Governor Martin O'Malley's Executive Order on Climate Change and "Coast Smart" Construction. The projections are based on an assessment of the latest climate change science and federal guidelines.
"The State of Maryland is committed to taking the necessary actions to adapt to the rising sea and guard against the impacts of extreme storms," said Governor Martin O'Malley. "In doing so, we must stay abreast of the latest climate science to ensure that we have a sound understanding of our vulnerability and are making informed decisions about how best to protect our land, infrastructure, and most importantly, the citizens of Maryland."
The independent, scientific report recommends that is it is prudent to plan for sea level to be 2.1 feet higher in 2050 along Maryland's shorelines than it was in 2000 in order to accommodate the high end of the range of the panel's projections. Maryland has 3,100 miles of tidal shoreline and low-lying rural and urban lands that will be impacted. The experts' best estimate for the amount of sea level rise in 2050 is 1.4 feet. It is unlikely to be less than 0.9 feet or greater than 2.1 feet. Their best estimate for sea level rise by 2100 is 3.7 feet. They concluded that it is unlikely to be less than 2.1 feet or more than 5.7 feet based on current scientific understanding.
"This reassessment narrows the probable range of sea level rise based on the latest science," said Donald Boesch, president of the University of Maryland Center for Environmental Science and chair of the group of experts that assembled the report. "It provides the State with sea level rise projections based on best scientific understanding to ensure that infrastructure is sited and designed in a manner that will avoid or minimize future loss or damage."
These estimates were made based on the various contributors to sea level rise: thermal expansion of ocean volume as a result of warming, the melting of glaciers and Greenland and Antarctic ice sheets, changing ocean dynamics such as the slowing of the Gulf Stream, and vertical land movement.
"While there is little we can do now to reduce the amount of sea level rise by the middle of the century, steps taken over the next 30 years to control greenhouse gas emissions and stabilize global temperatures will largely determine how great the sea level rise challenge will be for coastal residents at the end of this century and beyond," said Dr. Boesch.
According to Joseph P. Gill, Secretary of the Maryland Department of Natural Resources, impacts associated with sea level rise are already being seen along Maryland's coast, such as the documented loss of islands within the Chesapeake Bay, as well as visible changes to wetland habitats all along Maryland's low-lying eastern shore.
"Recognizing the importance of building resilience within our natural and built environments," said Gill, "DNR's CoastSmart Communities Program is dedicated to offering on-the-ground expertise, planning guidance, training, tools, and financial assistance to help others in state plan, prepare, and adapt." For more information on CoastSmart, visit http://dnr.maryland.gov/CoastSmart/.
Governor O'Malley established the Maryland Commission on Climate Change on April 20, 2007. The Commission produced a Plan of Action that included a comprehensive climate change impact assessment, a greenhouse gas reduction strategy, and actions for reducing Maryland's vulnerability to climate change. On December 28, 2012, Governor O'Malley issued an executive order that requires State agencies to consider the risk of coastal flooding and sea level rise to capital projects.
The 21-member panel comprised of sea level rise experts from the Maryland, Virginia, Delaware, Pennsylvania, and New Jersey, reviewed projections from Maryland's 2008 Climate Action Plan and provided updated recommendations based on new scientific results that can better inform projections of sea level rise for Maryland.
The Maryland Department of the Environment (MDE), working with the Federal Emergency Management Agency (FEMA), is updating Flood Insurance Rate Maps (FIRMs) for communities in Maryland. The revised maps are the first update in the coastal areas of Maryland in 25 years and confirm both increases and decreases in the 100-year flood elevations over this period of time.
"MDE is working with seventeen Maryland coastal communities to go through the mapping process, which requires the communities to update their local floodplain management ordinances before the revised maps become effective," said Maryland Department of the Environment Secretary Robert M. Summers. "Many communities choose to better prepare themselves by adopting higher freeboard elevations or additional safety requirements for new or substantially improved structures, which could lead to reductions in flood insurance."
###
Watch a video produced by Maryland Sea Grant that explores the reasons for sea level rise in Maryland and the conclusions of the expert panel's report.
The University of Maryland Center for Environmental Science operates under a State mandate to conduct a comprehensive scientific program to develop and apply predictive ecology for the improvement and preservation of Maryland's physical environment.
UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE
The University of Maryland Center for Environmental Science unleashes the power of science to transform the way society understands and manages the environment. By conducting cutting-edge research into today's most pressing environmental problems, we are developing new ideas to help guide our state, nation, and world toward a more environmentally sustainable future through five research centersthe Appalachian Laboratory in Frostburg, the Chesapeake Biological Laboratory in Solomons, the Horn Point Laboratory in Cambridge, the Institute of Marine and Environmental Technology in Baltimore, and the Maryland Sea Grant College in College Park. http://www.umces.edu
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Sea level along Maryland's shorelines could rise 2 feet by 2050, according to new reportPublic release date: 26-Jun-2013 [ | E-mail | Share ]
Contact: Dave Nemazie nemazie@umces.edu 410-221-2006 University of Maryland Center for Environmental Science
ANNAPOLIS, MD (June 26, 2013)A new report on sea level rise recommends that the State of Maryland should plan for a rise in sea level of as much as 2 feet by 2050. Led by the University of Maryland Center for Environmental Science, the report was prepared by a panel of scientific experts in response to Governor Martin O'Malley's Executive Order on Climate Change and "Coast Smart" Construction. The projections are based on an assessment of the latest climate change science and federal guidelines.
"The State of Maryland is committed to taking the necessary actions to adapt to the rising sea and guard against the impacts of extreme storms," said Governor Martin O'Malley. "In doing so, we must stay abreast of the latest climate science to ensure that we have a sound understanding of our vulnerability and are making informed decisions about how best to protect our land, infrastructure, and most importantly, the citizens of Maryland."
The independent, scientific report recommends that is it is prudent to plan for sea level to be 2.1 feet higher in 2050 along Maryland's shorelines than it was in 2000 in order to accommodate the high end of the range of the panel's projections. Maryland has 3,100 miles of tidal shoreline and low-lying rural and urban lands that will be impacted. The experts' best estimate for the amount of sea level rise in 2050 is 1.4 feet. It is unlikely to be less than 0.9 feet or greater than 2.1 feet. Their best estimate for sea level rise by 2100 is 3.7 feet. They concluded that it is unlikely to be less than 2.1 feet or more than 5.7 feet based on current scientific understanding.
"This reassessment narrows the probable range of sea level rise based on the latest science," said Donald Boesch, president of the University of Maryland Center for Environmental Science and chair of the group of experts that assembled the report. "It provides the State with sea level rise projections based on best scientific understanding to ensure that infrastructure is sited and designed in a manner that will avoid or minimize future loss or damage."
These estimates were made based on the various contributors to sea level rise: thermal expansion of ocean volume as a result of warming, the melting of glaciers and Greenland and Antarctic ice sheets, changing ocean dynamics such as the slowing of the Gulf Stream, and vertical land movement.
"While there is little we can do now to reduce the amount of sea level rise by the middle of the century, steps taken over the next 30 years to control greenhouse gas emissions and stabilize global temperatures will largely determine how great the sea level rise challenge will be for coastal residents at the end of this century and beyond," said Dr. Boesch.
According to Joseph P. Gill, Secretary of the Maryland Department of Natural Resources, impacts associated with sea level rise are already being seen along Maryland's coast, such as the documented loss of islands within the Chesapeake Bay, as well as visible changes to wetland habitats all along Maryland's low-lying eastern shore.
"Recognizing the importance of building resilience within our natural and built environments," said Gill, "DNR's CoastSmart Communities Program is dedicated to offering on-the-ground expertise, planning guidance, training, tools, and financial assistance to help others in state plan, prepare, and adapt." For more information on CoastSmart, visit http://dnr.maryland.gov/CoastSmart/.
Governor O'Malley established the Maryland Commission on Climate Change on April 20, 2007. The Commission produced a Plan of Action that included a comprehensive climate change impact assessment, a greenhouse gas reduction strategy, and actions for reducing Maryland's vulnerability to climate change. On December 28, 2012, Governor O'Malley issued an executive order that requires State agencies to consider the risk of coastal flooding and sea level rise to capital projects.
The 21-member panel comprised of sea level rise experts from the Maryland, Virginia, Delaware, Pennsylvania, and New Jersey, reviewed projections from Maryland's 2008 Climate Action Plan and provided updated recommendations based on new scientific results that can better inform projections of sea level rise for Maryland.
The Maryland Department of the Environment (MDE), working with the Federal Emergency Management Agency (FEMA), is updating Flood Insurance Rate Maps (FIRMs) for communities in Maryland. The revised maps are the first update in the coastal areas of Maryland in 25 years and confirm both increases and decreases in the 100-year flood elevations over this period of time.
"MDE is working with seventeen Maryland coastal communities to go through the mapping process, which requires the communities to update their local floodplain management ordinances before the revised maps become effective," said Maryland Department of the Environment Secretary Robert M. Summers. "Many communities choose to better prepare themselves by adopting higher freeboard elevations or additional safety requirements for new or substantially improved structures, which could lead to reductions in flood insurance."
###
Watch a video produced by Maryland Sea Grant that explores the reasons for sea level rise in Maryland and the conclusions of the expert panel's report.
The University of Maryland Center for Environmental Science operates under a State mandate to conduct a comprehensive scientific program to develop and apply predictive ecology for the improvement and preservation of Maryland's physical environment.
UNIVERSITY OF MARYLAND CENTER FOR ENVIRONMENTAL SCIENCE
The University of Maryland Center for Environmental Science unleashes the power of science to transform the way society understands and manages the environment. By conducting cutting-edge research into today's most pressing environmental problems, we are developing new ideas to help guide our state, nation, and world toward a more environmentally sustainable future through five research centersthe Appalachian Laboratory in Frostburg, the Chesapeake Biological Laboratory in Solomons, the Horn Point Laboratory in Cambridge, the Institute of Marine and Environmental Technology in Baltimore, and the Maryland Sea Grant College in College Park. http://www.umces.edu
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
When we think about pay per click advertising for internet businesses, we just think of the advertisements appearing alongside search results. We already have this particular concept in our minds that those advertisements are just there for search engine relations reasons whenever actually, it is so much more. For a while now, pay-per-click advertising and marketing has already been one of the primary sources of traffic driven to websites. For internet companies, brand name awareness and driving traffic to their website to collect leads in addition to generate sales is a considerable factor for their success. Nevertheless, all over the Internet, we have seen that this type of advertising is actually popular not necessarily because of its ease-of-use, however also because of its success.
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