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Leah Silver

Iran's president rejects Obama accusations about nuclear efforts - CNN.com - 0 views

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    President Obama's accusations that Iran's nuclear program runs afoul of international agreements are "baseless," the Islamic republic's president told CNN's Larry King on Friday."> text/html; charset=iso-8859-1
Ed Webb

Extreme Heat, Drought Drive Opposition to AI Data Centers - Bloomberg - 0 views

  • Meta Platforms Inc. is planning to build a €1 billion ($1.1 billion) data center. Meta expects the facility to use about 665 million liters (176 million gallons) of water a year, and up to 195 liters per second during “peak water flow,” according to a technical report. Enthusiasm about the jobs the project is expected to create (1,000 in total, about 250 of which will be permanent) is now being weighed against heightened concerns over water.
  • “People don’t realize that ‘the cloud’ is real, that it is part of an ecosystem that consumes many resources,” says Aurora Gómez, a spokesperson for Tu Nube Seca Mi Río (“Your Cloud Dries Up My River” in Spanish), a group created to fight the construction. “People are not aware of the amount of water that goes into watching a kitten meme.”
  • With drought spreading around the globe, battles are emerging between data center operators and adjacent communities over local water supplies in places such as Chile, Uruguay and parts of the southwestern US. In the northern Netherlands, public outrage erupted last year when a local news outlet reported that a Microsoft Inc. data center complex was consuming more than four times as much water as the company had previously disclosed.
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  • Operators of hyperscale data centers, those with more than 5,000 servers, are migrating to places where water is plentiful, such as Norway, but also to drought-prone places like Italy and Spain where energy is cheaper—and where extreme heat is becoming the norm.
  • A survey conducted last year by the Uptime Institute, a consulting firm, found that only 39% of data centers even tracked their water use, a 12 percentage-point drop from 2021. Tech companies in the past have refused to disclose information about individual centers’ energy and water consumption, claiming that such data was a trade secret.
  • Over the last couple of years, Google, Meta and Microsoft have started publishing their total water use across their operations, but they don’t break the number down by business unit nor use standardized metrics. Bluefield Research has estimated data centers use more than a billion liters of water per day, including water used in energy generation.
  • Operators often use shell companies to apply for planning permissions, and a data center can look like any large warehouse or factory from the outside.
  • Arman Shehabi, a researcher at the Lawrence Berkeley National Laboratory in California best known for a landmark paper on energy consumption at data centers, thinks the facilities could contribute to scarcity as droughts become longer and more intense. Part of the problem, he says, is that data center operators “are generally the last ones to the table to ask,” straining the system by asking for access to scarce water after agricultural interests and local communities have already come up with a plan. “Everybody is going to feel that,” he says.
  • Companies say data centers are getting more energy-efficient, but the increase in overall demand for computing power is outpacing such gains.
  • The specialized chips required for AI—broadly known as accelerators—emit so much more heat than general-purpose chips do that data center operators are having to rethink their cooling systems entirely
  • over time data centers will need to radically change the way they dissipate heat. The gold standard, he says, is a process called immersive cooling, in which servers are bathed in a special fluid that transfers heat from the chips. For now, operators are likely to opt for a hybrid model, wherein a high-performance section of the data center will be liquid-cooled while the rest will continue to use air conditioning
  • Amazon Web Services, Google and Microsoft have all made water stewardship pledges, promising to use more nonpotable and recycled water and to replenish more water than they consume operationally by 2030. This is the equivalent to offsetting carbon by planting trees—something that looks good on paper but may not directly benefit the communities affected by data centers, because water may be replenished only in places where it’s easy to do so.
Ed Webb

Adopting China's Tactics in Currency Fight - NYTimes.com - 0 views

  • a growing number of countries are retreating from some free-market rules that have guided international trade in recent decades and have started playing by Chinese rules
  • President Nicolas Sarkozy of France, who will take over leadership of the Group of 20 biggest economies, said over the weekend that he was pushing for a new system of coordinating global currencies as wealthy nations did in the 1970s, before a free market orthodoxy took hold.
  • Some economists argue that the standoff over China’s currency could herald a new era of protectionism reminiscent of the 1920s and ’30s, which they say they fear could undermine trade and make a weak recovery even weaker. But others argue that it was the free-market consensus of the 1980s and ’90s that weakened American competitiveness and was exploited by rising powers like China, calling for a more assertive policy to protect jobs, increase exports and keep industry at home.
Ed Webb

One telling image: in a Brussels corridor, the EU takes back control of Brexit | Politi... - 0 views

  • There was, of course, no Brit. After two years of increasingly frustrating Brexit talks with a hopelessly divided government incapable of explaining what – in the realm of the real – it actually even wanted, Europe had had enough. “It’s like dealing with a failed state,” one official confided before the summit.
  • The people in the picture were plugged into EU leaders in the summit room, figuring out a plan that would, finally and unavoidably, force Britain to confront reality and choose.
  • “It ensures that the British recognise Brexit is their responsibility, and obliges them, finally, to accept the consequences of the divorce they are seeking,”
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  • It says, in effect, all options – deal, no deal, rethink – remain open, but you have three weeks to choose.
  • the EU27 wanted to move on because, quite simply, it has other things to deal with. Last week’s summit was once again hijacked by Brexit, which delayed a session on relations with China. Tensions with Russia, internal strains with the bloc’s nationalist governments, trade and security in the age of Trump, climate change, a slowing economy – all are more deserving of attention than Brexit.
  • “No deal would be bad news for all economically, even if it would be far worse for Britain than the 27,” a Dutch official said. “But politically it would be terrible. We had to find a way that left all options open for London – that basically ensured that no deal, if it happens, is Britain’s responsibility.”
  • Backed by the Dutch, Irish and others, Merkel also felt it would be a terrible idea for the EU’s future relationship with Britain to begin with the UK crashing out. “We will do everything we can to ensure this does not happen,”
  • Despite their exasperation with Brexit Britain, the EU27 recognise that the liberal postwar order now faces unprecedented challenges, and that no one in the bloc will be well served by a bitter divorce and a resentful, badly weakened UK. So a path to a reconsidered, potentially softer Brexit, entailing a relaxation of May’s red lines, should remain on the table for a little while yet.
Ed Webb

Cost of Environmental Damage in China Growing Rapidly Amid Industrialization - www.nyti... - 1 views

  • The cost of environmental degradation in China1 was about $230 billion in 2010, or 3.5 percent of the nation’s gross domestic product — three times that in 2004, in local currency terms, an official Chinese news report said this week.
  • “Digging a hole and filling it back in again gives you G.D.P. growth. It doesn’t give you economic value. A lot of the activity in China over the last few years has been digging holes to fill them back in again — anything from bailing out failing solar companies to ignoring the ‘externalities’ of economic growth.”
  • The ministry has issued statistics only intermittently, though its original goal was to do the calculation — what it called “green G.D.P.” — annually.
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  • China Central Television reported that farmers in a village in Henan Province were using wastewater from a paper mill to grow wheat. But one farmer said they would not dare to eat the wheat themselves. It is sold outside the village, perhaps ending up in cities, while the farmers grow their own wheat with well water
  • There is consensus now that China’s decades of double-digit economic growth exacted an enormous environmental cost. But growth remains the priority; the Communist Party’s legitimacy is based largely on rapidly expanding the economy, and China officially estimates that its G.D.P., which was $8.3 trillion in 2012, will grow at a rate of 7.5 percent this year and at an average of 7 percent in the five-year plan that runs to 2015. A Deutsche Bank report released last month said the current growth policies would lead to a continuing steep decline of the environment for the next decade, especially given the expected coal consumption and boom in automobile sales.
Ed Webb

Obama Bid for Europe Trade Pact Stirs Hope on Both Sides - www-nc.nytimes.com - Readabi... - 1 views

  • Experts cited tough economic times on both sides of the Atlantic and a perceived need among European leaders for a cause to unify their frayed union as major reasons that an agreement might be reached now, where past efforts have failed. But an even greater consideration, they said, was the growing economic might of China
  • Negotiations are not expected to be easy, with entrenched interests, especially in protected sectors of the agriculture industry, fighting to maintain their subsidies and preferences. European consumers have rejected the kinds of genetically modified crops3 that are commonplace in the United States but are known across the Atlantic as Frankenfoods. Nevertheless, Mr. Obama’s announcement was applauded by leading politicians and business groups in Europe, especially here in Germany, and so far the news has not provoked the instant union opposition in the United States that free-trade talks with underdeveloped, low-wage countries do.
  • In a Democratic administration, free-trade agreements are much easier to reach with higher-wage, unionized countries like those in Europe that do not spook trade unions. And the cross-pollination between American and European companies, as in the auto sector, also is expected to blunt opposition from labor groups
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  • China may present the single most compelling factor. There is an increasing awareness that to deal with the challenge of China’s rapidly growing economy, Europe and the United States will have to learn to cooperate better
  • European leaders, including Prime Minister David Cameron of Britain and Chancellor Angela Merkel of Germany, have been pushing for a trade deal as a low-cost way of stimulating their struggling economies. The United States Chamber of Commerce and large companies like General Electric have also lobbied for an agreement
  • Potentially more important than abolishing tariffs, but also much more complicated, would be a deal that harmonized regulations on products like food, cars, toys and pharmaceuticals. Automobile manufacturers would like to see agreement on safety and emissions standards for cars, reducing or eliminating the need to build different versions for the American and European markets. Matthias Wissmann, head of the German Association of the Automotive Industry, said that harmonizing safety features would save several hundred dollars per automobile. Mr. De Gucht, who is expected to lead the talks on the European side, said that a deal could provide vital leverage over emerging powerhouses like China
Ed Webb

More Wealth, More Jobs, but Not for Everyone: What Fuels the Backlash on Trade - The Ne... - 1 views

  • “More global trade is a good thing if we get a piece of the cake,” Mr. Duijzers said. “But that’s the problem. We’re not getting our piece of the cake.”
  • For generations, libraries full of economics textbooks have rightly promised that global trade expands national wealth by lowering the price of goods, lifting wages and amplifying growth. The powers that emerged victorious from World War II championed globalization as the antidote to future conflicts. From Asia to Europe to North America, governments of every ideological persuasion have focused on trade as their guiding economic force. Advertisement Continue reading the main story But trade comes with no assurances that the spoils will be shared equitably. Across much of the industrialized world, an outsize share of the winnings have been harvested by people with advanced degrees, stock options and the need for accountants. Ordinary laborers have borne the costs, suffering joblessness and deepening economic anxiety
  • When millions of workers lost paychecks to foreign competition, they lacked government supports to cushion the blow. As a result, seething anger is upending politics from Europe to North America.
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  • Much of the global economy is operating free of artificial enhancements. Lower-skilled workers confront bleak opportunities and intense competition, especially in the United States. Even as recent data shows middle-class Americans are finally starting to share in the gains from the recovery, incomes for many remain below where they were a decade ago
  • technological disruption and economic upheaval are now at work in an era of scarcity
  • The worst financial crisis since the Great Depression has left banks from Europe to the United States reluctant to lend. Real estate bonanzas from Spain to Southern California gave way to a disastrous wave of foreclosures, eliminating construction jobs. China’s slowdown has diminished its appetite for raw materials, sowing unemployment from the iron ore mines of Brazil to the coal pits of Indonesia.
  • Trade did not cause the breakdown in economic growth. Indeed, trade has helped generate what growth remains. But the pervasive stagnation has left little cover for those set back by globalization.
  • China’s entry into the World Trade Organization in 2001 unleashed a far larger shock, but a construction boom absorbed many laid-off workers.
  • “We do need to have these trade agreements,” Mr. Bown said, “but we do need to be cognizant that there are going to be losers and we need to have policies to address them.”
  • Corporations that used China to cut costs raised their value, enriching executives and ordinary investors. Today’s Headlines Wake up each morning to the day’s top news, analysis and opinion delivered to your inbox. Please verify you're not a robot by clicking the box. Invalid email address. Please re-enter. Sign Up Receive occasional updates and special offers for The New York Times's products and services. Thank you for subscribing. An error has occurred. Please try again later. You are already subscribed to this email. View all New York Times newsletters. See Sample Manage Email Preferences Not you? Privacy Policy The casualties of China’s exports are far fewer, but they are concentrated. The rugged country of western North Carolina suffered mass unemployment as Chinese-made wooden furniture put local plants out of business. So did glassmakers in Toledo, Ohio, and auto parts manufacturers across the Midwest.
  • Even among those who support trade, doubts are growing about its ability to deliver on crucial promises. A 2014 Pew Research Center survey of people in 44 countries found that only 45 percent of respondents believed trade raises wages. Only 26 percent believed that trade lowers prices.
  • Workers employed in major export industries earn higher wages than those in domestically focused sectors.Americans saw their choice of products expand by one-third in recent decades, the Federal Reserve Bank of Dallas found. Trade is how raspberries appear on store shelves in the dead of winter.
  • In the fallout, the United States maintained limits on unemployment benefits, leaving American workers vulnerable to plummeting fortunes. Social welfare systems have limited the toll in Europe, but economic growth has been weak, so jobs are scarce.
  • automation has grown in sophistication and reach. Between 2000 and 2010, the United States lost some 5.6 million manufacturing jobs, by the government’s calculation. Only 13 percent of those job losses can be explained by trade, according to an analysis by the Center for Business and Economic Research at Ball State University in Indiana. The rest were casualties of automation or the result of tweaks to factory operations that enabled more production with less labor.
  • if robots are a more significant threat to paychecks, they are also harder to blame than hordes of low-wage workers in overseas factories.“We have a public policy toward trade,” said Douglas A. Irwin, an economist at Dartmouth College. “We don’t have a public policy on automation.”
  • China’s relentless development was turning farmland into factories, accelerated by a landmark in the history of trade: the country’s inclusion in the World Trade Organization.The W.T.O. was born out of the General Agreement on Tariffs and Trade, a compact forged in 1947 that lowered barriers to international commerce in an effort to prevent a repeat of global hostilities.In the first four decades, tariffs on manufactured wares plunged from about 35 percent to nearly 6 percent, according to the Federal Reserve Bank of Chicago. By 2000, the volume of trade among members had swelled to 25 times that of a half-century earlier.
  • Mexico — home to about 123 million people — was not big enough to refashion the terms of trade. When China joined the W.T.O. in 2001, that added a country of 1.3 billion people to the global trading system
  • The anti-trade backlash, building for years, has become explosive because the global economy has arrived at a sobering period of reckoning. Years of investment manias and financial machinations that juiced the job market have lost potency, exposing longstanding downsides of trade that had previously been masked by illusive prosperity.
  • Chinese imports eliminated nearly one million American manufacturing jobs between 1999 and 2011. Add in suppliers and other related industries, and the total job losses reach 2.4 million.
  • Mr. Trump vows to slap punitive tariffs on Chinese goods. But that would very likely just shift production to other low-wage countries like Vietnam and Mexico. It would not turn the lights on at shuttered textile plants in the Carolinas. (Even if it did, robots would probably capture most of the jobs.)
  • Trade Adjustment Assistance, a government program started in 1962 and expanded significantly a dozen years later, is supposed to support workers whose jobs are casualties of overseas competition. The program pays for job training.But Mr. Simmons rolls his eyes at mention of the program. Training has almost become a joke. Skills often do not translate from old jobs to new. Many workers just draw a check while they attend training and then remain jobless.
  • European workers have fared better. In wealthier countries like Germany, the Netherlands, Sweden and Denmark, unemployment benefits, housing subsidies and government-provided health care are far more generous than in the United States.In the five years after a job loss, an American family of four that is eligible for housing assistance receives average benefits equal to 25 percent of the unemployed person’s previous wages, according to data from the Organization for Economic Cooperation and Development. For a similar family in the Netherlands, benefits reach 70 percent.
  • Yet in Europe, too, the impacts of trade have been uneven, in part because of the quirks of the European Union. Trade deals are cut by Brussels, setting the terms for the 28 member nations. Social programs are left to national governments.
  • In China, farmers whose land has been turned into factories are making more steel than the world needs. Advertisement Continue reading the main story In America, idled steel workers are contemplating how to live off the land.
  • a provision that would enable multinational companies to sue governments for compensation when regulations dent their profits.Esso, a subsidiary of Exxon Mobil, the American petroleum company, has operations in the Netherlands. Suppose the government went ahead with plans to limit drilling to protect the environment?“They could sue the Dutch state,” he fumed. “We are not so sure in the Netherlands whether we want to give the multinationals so much power. We are a trading country, but it’s not always that trade should prevail against quality of life.”
  • the longshoremen fret about robots
  • Now, many longshoremen sit in glass-fronted offices set back from the docks, controlling robotic arms via computer terminals.
  • The robots will win in the end, because robots never strike. Robots improve with time.
  • Trade deals, immigrant labor, automation: As Mr. Arkenbout sees it, these are all just instruments wielded in pursuit of the same goal — paying him less so corporations can keep more.“When they don’t need me anymore,” he said, “I’m nothing.”
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    Relevant to our class discussion on 9/27/16
Ed Webb

Arms Trade Treaty Stalled on Final Day - NYTimes.com - 0 views

  • In the final hours of negotiations, the United States, as well as Russia and China, all large weapons exporters, said more time was needed.
  • Fifty-one senators had urged the administration not to sign it in a letter sent Thursday. That letter sent an important signal of defeat because ratification requires 67 Senate votes. “As defenders of the right of Americans to keep and bear arms, we write to express our grave concern about the dangers posed by the United Nations’ arms trade treaty,” the senators said in the letter to President Obama and Secretary of State Hillary Rodham Clinton. “Our country’s sovereignty and the constitutional protection of these individual freedoms must not be infringed.”
  • Galen Carey, vice president of government relations at the National Association of Evangelicals, criticized gun lobby members for disparaging the treaty, saying, “Those spreading misinformation about alleged links between this treaty and the Second Amendment should stop doing so.”
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  • The treaty would for the first time establish common international standards for authorizing international arms transfers, including basic regulations and approval protocols that would improve transparency and accountability. A prime purpose, according to the draft, is to “prevent, combat and eradicate the illicit trade in conventional arms and their diversion to illegal and unauthorized end use.” It would also prohibit signatories from transferring conventional weapons that violate arms embargoes or enable those who commit genocide, crimes against humanity and war crimes.
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