Paul Krugman, The New York Times
In his latest column, well-known NYT columnist Krugman attacks, among others, the Post Carbon Institute, a leading think tank on Peak Oil and Climate Change, as wrong-headed and inducing “climate despair”. In a piece titled Paul Krugman’s Errors and Omissions the Post Carbon Institute’s Richard Heinberg responds to Krugman. Below is prominent Peak Oil writer John Michael Greer’s rather interesting take on the exchange which, he interprets as a sign that we are approaching a financial crash.
Dark Age America: The Senility of the Elites
John Michael Greer, The Archdruid Report
When a significant media figure uses one of the world’s major newspapers of record to lash out at a particular band of economic heretics by name, on the other hand, we’ve reached the kind of behavior that only happens, historically speaking, when crunch time is very, very close. Given that we’ve also got a wildly overvalued stock market, falling commodity prices, and a great many other symptoms of drastic economic trouble bearing down on us right now, not to mention the inevitable unraveling of the fracking bubble, there’s a definite chance that the next month or two could see the start of a really spectacular financial crash.
A Hundred Days Closer to Ecological and Social Suicide
Ashish Kothari,The Economic & Political Weekly
The first 100 days of the Narendra Modi government which have been celebrated by the mainstream media saw what can only be called a widespread and large-scale assault on rules, laws and institutions meant to protect the environment, and more is on the cards. Side by side, the central as also state governments of various hues have moved against non-governmental organisations raising social and environmental issues. But resistance to corporate-driven growth continues and alternatives continue to be explored. (Article can be accessed for a limited period only)
Global Warming and the Shifts in Species’ Range in India
Nagaraj Adve (POI member), The Economic & Political Weekly
Global warming and changing rainfall patterns have resulted in shifts or extensions in species’ range in every terrain, region and ecosystem in India. If it is indicative of a wider unfolding process related to climate change, it would suggest that a staggering number of species in India are moving home. This would adversely affect human habitat as well. (Article can be accessed for a limited period only)
New Study Demonstrates Dramatic, Immediate Energy Shift Needed
Here’s the frightening implication of a landmark study on carbon emissions: By 2018, no new cars, homes, schools, factories, or electrical power plants should be built anywhere in the world, ever again, unless they’re either replacements for old ones or carbon neutral. Otherwise greenhouse gas emissions will push global warming past 2˚C of temperature rise worldwide, threatening the survival of many people currently living on the planet.
Cities Will Solve Climate Change, Not Nations
The Scientific American
Cities now deliver fully three-quarters of global economic activity, totaling more than $50 trillion. And it is citizens of cities who are responsible for at least half of all greenhouse gas pollution—through demand for heating and cooling, food, lighting, entertainment and transportation. As a result, city action (or inaction) on climate change may determine the ultimate outcome of global warming.
Who will feed China?
Earth Policy Institute
China is a leading importer of grain and it imports a staggering 60 percent of all soybeans entering world trade—and it looks like it will continue. The problem is not so much population growth, but China’s rising affluence, which is allowing its population to move up the food chain, consuming more grain-intensive livestock, poultry, and farmed fish. (Also see: collection of links to informative articles at the bottom of the page)
Could This Environmental Risk Derail America’s Oil and Gas Boom?
America’s oil and gas boom has done wonders for energy independence and the economy. However, fracking, which is largely responsible for America’s energy renaissance, has proven to be a highly controversial issue, with environmentalists claiming that it pollutes ground water with large numbers of little-studied chemicals and even causes earthquakes. This article examines this last claim with the aim of detailing how this risk, whether true or perceived, might affect the future of America’s oil and gas boom.
Rockefellers, Heirs to an Oil Fortune, Will Divest Charity of Fossil Fuels
The New York Times
John D. Rockefeller built a vast fortune on oil. Now his heirs are abandoning fossil fuels. The family whose legendary wealth flowed from Standard Oil is planning to announce on Monday that its $860 million philanthropic organization, the Rockefeller Brothers Fund, is joining the divestment movement that began a couple years ago on college campuses.