- Newspapers and Thinking the Unthinkable – A good epitaph for the newspaper, by Clay Shirky. Now if only Elsevier would go bankrupt too. (tagged: technology economy history internet copyright publishing newspapers )
- Will Banks Start to Walk Their Talk? Don't Hold Your Breath – I thought that whole spiel about how Citi and friends were suddenly going to be profitable sounded suspicious. All they had to do was redefine the word "profit" to mean whatever they wanted it to mean! Brilliant! The innovations that flow from our Commanding Heights never fail to amaze. (tagged: baiilout finance economics policy politics banks citi )
- Our Pigs, Our Food, Our Health – Massive overuse of antibiotics in livestock feed breeds bacteria resistant to antibiotics? Whodathunkit! WTF is this article doing on the Op-Ed page? Shouldn't someone be out there in Iowa winning a Pulitzer over this? Or is it too obvious to even warrant investigation. We're going to look back in 100, or 50, or 25 years and deeply regret squandering the limited miracle of antibiotics on cheap bacon. This is what we get for refusing to teach evolution. (tagged: health evolution antibiotics agriculture food mrsa livestock farms )
- Obama Tells Business Roundtable: “If You’re Giving Away Carbon Permits For Free … It Doesn’t Work” And “The Science Is Overwhelming” – Joe Romm usually bugs the crap out of me, but this is actually a decent piece, trying to get across the point that Obama really, actually appears to understand what would be required to get carbon pricing implemented and functional, both from a policy and a political point of view. The sooner industry starts planning around this, the better it'll be for everyone. (tagged: climate carbon economics auction policy obama energy )
- Hussman Funds – Weekly Market Comment: Buckle Up – I don't see any reason to trust Hussman more than the normal investing talking heads who do about as well as chance would predict, but he can do division:
The course of defending the bondholders of insolvent institutions is not sustainable. Do the math. The collateral behind private market debt is being marked down by easily 20-30%. That debt represents about 3.5 times GDP. That implies collateral losses on the order of 70-100% of GDP, which itself is $14 trillion. Unless Congress is actually willing to commit that amount of public funds to defend the bondholders of mismanaged financials so they can avoid any loss, this crisis simply cannot be addressed through bailouts. Bondholders have to take losses. Debt has to be restructured. There is no other option — but the markets are going to suffer interminably until our leaders figure that out. (tagged: finance crisis banks investing bailout )
Recent Posts
Recent Comments
- Zane Selvans on Think Again: Drugs
- Bryan Keith on Think Again: Drugs
- Coal Finance for Climate Activists | Amateur Earthling on Boulder’s Energy Future Is Bright
- Hanna on Straight Talk on Climate Progress in California
- Coal Exports a Bigger Threat Than Tar Sands | Amateur Earthling on Obama Delays Keystone XL Pipeline
Linkstream
- PACE Lives!
The Federal Housing Finance Administration is taking public comments on Property Assessed Clean Energy financing programs, at the insistence of California's 9th Circuit court of appeals. Here's what I told them: Property Assessed Clean Energy financing programs, as have been initiated by many states and local governments, are a potentially transformative financing mechanism, enabling property owners to make good long term investments in energy efficiency and behind-the-meter renewable energy production. They address a market failure, in that buyers often do not appropriately integrate a property's energy costs into their price assessment. So long as the state and local PACE programs are - Climate Denial Instruction In Schools
Corporate interests are pushing a model bill in many states that would require schools to teach climate change denial. It sounds creepily reminiscent of the creationism/evolution mess from a few years ago. Except with the fossil fuel industry instead of the religious right behind it. Gah. - Vision Prize
Vision Prize is an expert poll on the nature of the climate risks we face, meant to demonstrate the degree of consensus (or the lack thereof) amongst those able to judge the evidence. It's put together by Carnegie Mellon University. Will be interesting to see what the results look like... - Open Climate Science Course
The University of Chicago has created an Open Courseware style Climate Science 101, with videos of the lectures and self-assessment materials online. It's aimed at non-science undergraduates. If you, or someone you know, want to get a little more in depth knowledge about climate science on their own time, it's a great resource. - Think Again: Drugs
A great roundup of the myths surrounding the Drug War, and the cogent arguments against continuing our ridiculous, harmful, and expensive policy of ideological prohibition.
- PACE Lives!
Twitterfeed
- Roughly 2/3 of all the humans who have ever reached the age of 65 are alive today. 1 week ago
- What I learned about coal industry finances this week: http://t.co/UN1lXxRm 3 weeks ago
- In a room full of suits at NYU law. Everyone here wants to end the Reign of Old King Coal. Strangulation by purse strings. 3 weeks ago
- More thoughts on the dangers of giving in to a defeatist climate apocalypse narrative: http://t.co/Bwq276vQ from @AlexSteffen 1 month ago
- Authorizing US military to indefinitely detain citizens w/o trial would be unconstitutional, right? http://t.co/cRKXkpfb #tellmeimdreaming 2 months ago
Incoming Memes