Over 1.5 Million International FOLLOWERS AND Readers have engaged our various digests and blogs providing insights on the "SEVEN BIG Es" - Earth, Economics, Environment, Energy, Exponentiation, Entropy, and Extinction, curated by our world renowned "Quantum Realonomist" - First Financial Insights Inc. - Dr. Peter G Kinesa
WORLD LEADING INSIGHTS
International LEADERS Calling Market Crashes Years Ahead
Second to None, Anywhere...
'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"
(io9) – The Intergovernmental Panel on Climate Change (IPCC) report warned
that more intense droughts and heat waves will cause famine and water
shortages. But, don't worry! Yesterday, the GOP held a hearing to tell
us the IPCC is, in fact, a global conspiracy to control our lives and "redistribute wealth among nations." [Archived webcast]
GOP at Work???
The hearing,
titled "Examining the UN Intergovernmental Panel on Climate Change
Process," was convened by the House Committee on Science, Space and
Technology—the same folks who recently demonstrated their inability to grasp the idea that the world's climate varies across different regions and who informed us that warmer weather didn't bother the dinosaurs, so what's all the fuss about?
GOP Intellectual Discourse?
In
principle, there's nothing wrong with assessing the methodology of such
an important and influential report. But, in one of those
quintessential moments of Washington double-think, Chairman Lamar Smith
(R-TX)—who accuses the IPCC of creating data to serve a predetermined
political agenda—summarized the hearing's conclusions a day before it
even began. "The IPCC does not perform science itself and doesn't
monitor the climate," Smith told a reporter, "but only reviews carefully selected scientific literature."
So, small wonder that Rep. Eddie Bernice Johnson (D-TX), the ranking Democrat on the committee, offered the opinion:
Take me to your leader. Who? That's what I asked?
While
the topic of today's hearing is a legitimate one, namely, how the IPCC
process can be improved, I am concerned that the real objective of this
hearing is to try to undercut the IPCC and to cast doubt on the validity
of climate change research.
(The New York Times) – At long last, the Koch brothers and their
conservative allies in state government have found a new tax they can
support. Naturally it’s a tax on something the country needs: solar
energy panels.
For the last few months, the Kochs and other big
polluters have been spending heavily to fight incentives for renewable
energy, which have been adopted by most states. They particularly
dislike state laws that allow homeowners with solar panels to sell power
they don’t need back to electric utilities. So they’ve been pushing
legislatures to impose a surtax on this increasingly popular practice,
hoping to make installing solar panels on houses less attractive.
And watch...
Oklahoma lawmakers recently approved such a surcharge at the behest of the American Legislative Exchange Council,
the conservative group that often dictates bills to Republican
statehouses and receives financing from the utility industry and
fossil-fuel producers, including the Kochs. As The Los Angeles Times reported recently,
the Kochs and ALEC have made similar efforts in other states, though
they were beaten back by solar advocates in Kansas and the surtax was
reduced to $5 a month in Arizona.
But the Big Carbon advocates aren’t giving up. The same group is trying to repeal or freeze Ohio’s requirement that 12.5 percent of the state’s electric power come from renewable sources like solar and wind by 2025. Twenty-nine states
have established similar standards that call for 10 percent or more in
renewable power. These states can now anticipate well-financed campaigns
to eliminate these targets or scale them back.
When I saw for the first time the data about oil production in Yemen, I was so impressed that I wanted to know more. I found a news source in English - the "Yemen Times" and I placed the link in my feed. For several months, by now, I have been reading the news from a place where I have never been and, probably, will never go, but that I find incredibly fascinating.
The stories in the Yemen Times read as a tragedy written by Shakespeare: for a taste of this feeling, you may read the article titled "Carrying out a death sentence," but it is just an example of a never ending series of disasters taking place in the country, which include some 4000 people murdered every year, including a few taken as target by American drones flying over the country.
Surely, not everything that's taking place in Yemen is to be attributed straight to crude oil but, surely, with oil production now crossing consumption, with the government getting about 70% of its revenues from oil, and with Yemen producing very little that can be exported apart from the "Qat" drug, then some kind of disaster is to be expected. And consider that population continues to grow: Yemen has now about 25 million people (and 50 million guns). (Read More)