Monday , June 21 2021
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Tag Archives: Uncategorized

Megadrought coming to US west?

And if it continues to be this dry, it could become the most severe megadrought on this entire chart. “The only reason this drought is lagging behind that 1500s drought is because it’s so young,” Williams said. Via The Guardian comes this article on the current heatwave in the US…personally I have stories ranging from ducks not reproducing because of the heat and drought in Montana to severe water use restrictions in San Jose… What tree...

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Final MS Appeal

I’ve been raising funds for the MS Brissie to the Bay Appeal, and have raised over $2000. I’m making one last push to reach my target of $2500 (I have $231 left to go). As I couldn’t join the official ride, I’ll do one of my own, with a min 50k and max 100k. For every $5 donated, I’ll do an extra km in addition to the initial 50. Share this:Like this:Like Loading...

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Weekend read – Free speech for me, not you

from Blair Fix They say that Americans love two things: freedom … and guns. The trouble with guns is obvious. The trouble with freedom is more subtle, and boils down to doublespeak. When a good old boy defends his ‘freedom’, there’s a good chance he has a hidden agenda. He doesn’t want freedom for everyone. He wants ‘freedom for himself, not you’. I call this sentiment freedom tribalism. It’s something that, given humanity’s evolutionary heritage, is predictable. It’s also something...

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CO2 since the start of the Industrial Revolution

The amount of carbon dioxide in the atmosphere (raspberry line) has increased along with human emissions (blue line) since the start of the Industrial Revolution in 1750. Emissions rose slowly to about 5 billion tons a year in the mid-20th century before skyrocketing to more than 35 billion tons per year by the end of the century. NOAA Climate.gov graph, adapted from original by Dr. Howard Diamond (NOAA ARL). Atmospheric CO2 data from NOAA and ETHZ. CO2 emissions data from Our World in...

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Biden, China, and the New Cold War

from Dean Baker After Donald Trump’s clown shows, it was nice to have a U.S. president who at least takes world issues seriously while representing the country at the various summits over the last week. But that is a low bar. While we want adults in positions of responsibility, we have to ask where those adults want to take us. It is not clear that we should all eagerly follow the path that President Biden seems to be outlining with regard to China. Unfortunately, people in the United...

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The impasse in external debt relief

C. P. Chandrasekhar and Jayati Ghosh When the pandemic first swept across the globe and destroyed economies in its wake, there were at least some expressions of international solidarity among leaders of the rich countries. External debt problems were widely recognised to be inevitable in the new crisis context; to address them, G20 governments declared a Debt Service Suspension Initiative (DSSI) from May 2020, designed to reduce some of the immediate debt repayment burden of the poorest...

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Real business cycles — nonsense on stilts

from Lars Syll They try to explain business cycles solely as problems of information, such as asymmetries and imperfections in the information agents have. Those assumptions are just as arbitrary as the institutional rigidities and inertia they find objectionable in other theories of business fluctuations … I try to point out how incapable the new equilibrium business cycles models are of explaining the most obvious observed facts of cyclical fluctuations … I don’t think that models so...

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Cash industry association slams banks’ war on cash

from Norbert Häring The hypocrisy of a working group led by the European Central Bank (ECB) on the preservation of cash, which is dominated by banks who at the same time continue to wage their war on cash, has been exposed by cash industry group ESTA in a report. ESTA sent the report to this working group – after it had recently left it in protest. As a part of its cash strategy, which the ECB Governing Council adopted last September and which it has been hiding in the depths of the ECB’s...

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