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hannahcarter11

Boris Johnson, Seen as a Trump Ally, Signals Alignment With Biden - The New York Times - 0 views

  • Prime Minister Boris Johnson rolled out ambitious, back-to-back initiatives on military spending and climate change this week, which have little in common except that both are likely to please a very important new person in Mr. Johnson’s life: President-elect Joseph R. Biden Jr.
  • The prime minister, whom President Trump has embraced as a like-minded populist, is eager to show he can work with the incoming president as well as he did with the outgoing one.
  • That is important, analysts said, because Brexit will deprive Britain of what had historically been one of its greatest assets to the United States: serving as an Anglophone bridge to the leaders of continental Europe.
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  • Mr. Johnson has yet to deliver on another challenge that would please Mr. Biden: a trade agreement with the European Union. Mr. Biden has already voiced concern to Mr. Johnson that if the negotiations go awry, it could jeopardize the Good Friday Accord, which ended decades of sectarian violence in Northern Ireland.
  • Mr. Johnson cast his initiatives as gestures of support to allies, even at a time when the pandemic has busted public finances.
  • “Britain must be true to our history, to stand alongside our allies, sharing the burden, and bringing our expertise to bear on the world’s toughest problems,” Mr. Johnson said in introducing the defense spending plan to the House of Commons.
  • the Biden team will look favorably on this announcement because Biden will be as sensitive as Trump was, and Obama was, to the willingness of allies to shoulder more of the burden.”
  • Mr. Biden has pledged to reinvigorate America’s climate policy by swiftly rejoining the Paris climate accord. Analysts said he would also try to heal strains in the NATO alliance, which has been under relentless attack by Mr. Trump, who has accused other members of not paying their fair share of its costs.
  • The defense budget, Mr. Johnson claimed, will be the largest expansion of military spending since the Cold War: an increase of 24.1 billion pounds ($31.9 billion) over the next four years. That is nearly triple the increases his Conservative Party promised in its policy manifesto during the 2019 election.
  • The climate package, which claims to do nothing less than ignite a “green industrial revolution,” sets a goal of making Britain a net zero emitter of carbon dioxide by 2050. It would change the way people heat their homes and invest in alternative energy sources, in addition to banning the sale of new fossil fuel-powered vehicles by 2030.
  • The climate package lacked the levels of investment pledged by Germany and France to reach their emissions-reduction targets. The military budget contained no information on what the money would be spent on; that is to be decided by a review of foreign, defense, security and development policy that will concluded early next year.
  • Mr. Biden’s defeat of Mr. Trump has radically reshaped the landscape for Mr. Johnson, confronting him with an American leader who opposed Brexit and is unlikely to make an Anglo-American trade agreement a priority, as the pro-Brexit Mr. Trump did.
  • Britain’s emphasis on defense, Mr. Fraser said, plays up a competitive advantage over France and Germany. Both spend proportionately less on their militaries and are not as closely integrated in security matters with the United States.
  • Britain confirmed the creation of a National Cyber Force, a joint venture of the Defense Ministry and GCHQ, the electronic surveillance agency.
  • Still, as several experts noted, Mr. Johnson’s bid to be useful to Mr. Biden will mean far less if Britain fails to strike a trade deal with Brussels. A yearlong transition period is set to expire on Jan. 1, and economists warn that not having a new agreement to take its place would do serious harm.
osichukwuocha

Amazon near tipping point of switching from rainforest to savannah - study | Environmen... - 0 views

  • Much of the Amazon could be on the verge of losing its distinct nature and switching from a closed canopy rainforest to an open savannah with far fewer trees as a result of the climate crisi
  • As much as 40% of the existing Amazon rainforest is now at a point where it could exist as a savannah instead of as rainforest,
  • Any shift from rainforest to savannah would still take decades to take full effect, but once under way the process is hard to reverse.
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  • Rainforests support a vastly greater range of species than savannah and play a much greater role in absorbing carbon dioxide from the atmosphere.
  • Parts of the Amazon are receiving much less rain than they used to because of the changing climate.
  • This year’s fires in the Amazon are the worst in a decade, with a 60% increase in fire hotspots compared with last year.
  • We understand now that rainforests on all continents are very sensitive to global change and can rapidly lose their ability to adapt. Once gone, their recovery will take many decades to return to their original state. And given that rainforests host the majority of all global species, all this will be forever lost.”
Javier E

'Hijacked by anxiety': how climate dread is hindering climate action | Environmental ac... - 0 views

  • They call it climate anxiety – a sense of dread, gloom and almost paralysing helplessness that is rising as we come to terms with the greatest existential challenge of our generation, or any generation.
  • an increasing number of psychologists believe the trauma that is a consequence of climate breakdown is also one of the biggest obstacles in the struggle to take action against rising greenhouse gas emissions
  • There is a growing sense that this trauma needs a therapeutic response to help people beyond paralysis and into action.
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  • anxiety may be the most rational response to the dizzying pace of the climate breakdown in 2020, but it is seldom the most helpful when it comes to affecting change on the scale needed to limit the unfolding crisis.
  • Hickman is part of the Climate Psychology Alliance, a coalition of psychologists working to help individuals and organisations address climate anxiety. The group is part of a growing chorus of voices advocating the use of psychological principles to help process the collective trauma of environmental breakdown and motivate action.
  • “When we look at this through the lens of individual and collective trauma, it changes everything about what we do and how we do it,”
  • “It helps us make sense of the variety of ways that people are responding to what’s going on, and the mechanisms and practices we need to come through this as whole as possible.”
  • anyone with a public voice has a responsibility to act as a guide, not as a doomsayer or cheerleader.
  • “We already know a lot about what the conditions are now that promote healing and promote working through trauma. It’s just that, for the most part, we haven’t yet applied that to a climate trauma context,”
  • the human psyche is hardwired to disengage from information or experiences that are overwhelmingly difficult or disturbing.
  • This is particularly true if an individual feels powerless to affect change. “For many of us, we’d literally rather not know because otherwise it creates such an acutely distressing experience for us as humans.
  • This makes communicating the reality of the climate crisis, and examining the complex societal structures behind it, a psychological dilemma with existential consequences
  • even among those who accept the dire predictions for the natural world, there are “micro-denials” that can block the ability to take action.
  • A mind intent on avoiding the stark reality of the climate crisis can slip into a defeated eco-nihilism or cling to the gung-ho optimism of a free-market “solutioneer”.
  • In this way, many are able to hold the idea of the climate crisis in mind, while continuing the behaviours that exacerbate it.
  • we have allowed ourselves to be hijacked by our own anxiety, our own urgency, our own recognition of the high stakes, such that it makes us tone deaf and blind to the human dimension of this story, which is that we all want to be heard and seen and respected and valued, and we all want to feel like we’re part of the solution. What we’re seeing right now is the impact of that.”
  • Hickman’s work in the UK includes psychological training for climate campaigners who want to get their messages across without triggering the defences that can cause people to shut down. The answer lies in a “ruthless compassion” – for ourselves and others – that acknowledges the extreme discomfort in confronting the crisis while still taking responsibility for the present,
  • “A measure of mental health is having the capacity to accurately emotionally respond to the reality in our world. So it’s not delusional to feel anxious or depressed. It’s mentally healthy,”
  • It gives rise to what she calls “radical hope”: a belief that meaningful action can make a difference, which is rooted in the reality of the crisis rather than a naive belief that it might not be as bad as we think
  • This “internal activism” can gently dismantle defences, while still demanding change, by acknowledging the desire to cling to our psychological defences and working around it
  • “We have to help people to navigate these feelings by increasing our emotional resilience and emotional intelligence. We need to talk around people’s defences. If their defences are triggered by what you’re saying you can forget it,” says Hickman. “They won’t hear you.”
cartergramiak

Opinion | The New World Order That President Biden Will Inherit - The New York Times - 0 views

  • President-elect Joe Biden has signaled that he will move swiftly to restore dignity to the badly sullied image of the United States; respect for the professionals of America’s diplomatic, intelligence and military services; and a more predictable, nuanced and sympathetic approach to foreign relations.
  • At the same time, he will seek ways to revive the nuclear deal with Iran, and agree with Russia to extend the New START treaty on limiting strategic nuclear arms. Hopefully, Mr. Biden will terminate American support for Saudi Arabia’s terrible war in Yemen.
  • These are all welcome signs of America’s imminent return to a role in the world that better reflects our historical values.
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  • Whatever hold President Vladimir Putin may have had on Mr. Trump almost never translated into a lifting of sanctions, and Democrats are not likely to seek a reset with Russia. Mr. Trump’s bromance with Kim Jong-un did little to change the U.S. stance on North Korea. Mr. Trump’s approach to the Israeli-Palestinian conflict was decidedly one-sided, yet there had been no movement toward a two-state settlement in the years before Mr. Trump became president, and there is little indication that any such movement is imminent no matter who’s in the White House — or where the U.S. Embassy is.
  • In short, the world is not what it was in 2016, nor can it go back to the status quo ante. China is considerably more assertive, and countering Beijing’s aggressions while recognizing its legitimate demands and seeking its help in containing North Korea or reducing carbon emissions will require creative new approaches. So will dealing with a right-wing president in Brazil or a tenacious dictator in Venezuela, or negotiating further nuclear arms reductions with Russia while maintaining sanctions, or trying to placate Israel and several Gulf Arab states while reviving a deal with their archenemy Iran.
  • Simply abandoning Mr. Trump’s approach is immeasurably important for America and the world. The strength of the United States has always derived as much from the soft power of its democracy, freedoms and values as from its battleships and drones. That strength is multiplied by America’s alliances among democracies in the East and West.
  • President-elect Biden has signaled that he intends to lead America back into the international arena, and whatever their qualms or doubts, America’s friends and allies should not wait to join forces in tackling the business of the day — a global pandemic and the future of the planet, to name just two items on the agenda.
martinelligi

What Is Biden's 100-Day Plan? : NPR - 0 views

  • Biden ran a heavily policy-focused campaign, releasing dozens of lengthy and ambitious plans ranging from large-scale economic and environmental initiatives to broad actions on racial justice, education and health care.
  • Biden heads into office with strategies to address the COVID-19 crisis and the search for a vaccine as well.
  • The sheer volume of Biden's plans could make it a challenge to execute them all. On immigration alone, he has proposed more than a dozen initiatives to complete within 100 days of taking office, a feat that could prove difficult to execute.
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  • He will likely need to focus more immediately on issues that could attract bipartisan support, such as providing COVID-19 relief and improving U.S. infrastructure.
  • Days after becoming president-elect, Biden announced a team of advisers that will spearhead his pandemic response once he takes office. The task force will be led by Dr. David Kessler, a former Food and Drug Administration commissioner; former Surgeon General Vivek Murthy; and Dr. Marcella Nunez-Smith, an associate professor of medicine and epidemiology at Yale School of Medicine.
  • "I'll ask the new Congress to put a bill on my desk by the end of January with all the resources to see how both our public health and economic response can be seen through the end,"
  • Biden has said he'll start working to install "an effective distribution plan" for a potential COVID-19 vaccine on the first day of his presidency. His plan would spend $25 billion on vaccine production and disbursement, and calls for an eventual vaccine to be free for all Americans.
  • Biden said he will institute a national police oversight commission within his first 100 days of taking office.
  • Biden has said that on his first day as president he will produce comprehensive immigration legislation that creates a pathway to citizenship for 11 million migrants living in the U.S. illegally. It would also provide a pathway to citizenship for people commonly known as DREAMers, who are part of the Deferred Action for Childhood Arrivals program.
  • The president-elect has vowed to stop the practice of separating immigrant families trying to enter the U.S. from Mexico.
  • Biden has pledged that on his first day as president he will raise corporate income taxes to 28% — compared with the current 21% rate set by the GOP-led tax cuts of 2017. Also, this promise falls under Biden's larger proposed tax plan, which stresses that Americans making less than $400,000 would not pay more in taxes.
  • reduce the use of mandatory minimum sentencing for nonviolent offenses and institute policies geared at lowering recidivism.
  • which includes getting the country to net-zero carbon emissions by 2050.
  • A large part of Biden's health care proposal offers a new public option plan that builds on the existing Affordable Care Act, also known as Obamacare. But the ACA's fate remains in question during the rest of Trump's term and into next year. On Nov. 10, the Supreme Court is set to hear arguments against the ACA from the Trump administration and multiple states. If the justices side with Trump next year when they make their decision, Biden's plans for health care could completely change
  • Notably, the president-elect has expressed support for the College for All Act, proposed in 2017 by Sen. Bernie Sanders of Vermont and Rep. Pramila Jayapal, D-Wash., which would eliminate tuition at public colleges and universities for families making up to $125,000.
ethanshilling

How Russia Wins the Climate Crisis - The New York Times - 0 views

  • As the planet continues to warm, vast new stretches of Russia will become suitable for agriculture.
  • A great transformation is underway in the eastern half of Russia. For centuries the vast majority of the land has been impossible to farm;
  • Twenty years ago, Dima says, the spring thaw came in May, but now the ground is bare by April; rainstorms now come stronger and wetter.
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  • Russia hopes to seize on the warming temperatures and longer growing seasons brought by climate change to refashion itself as one of the planet’s largest producers of food.
  • But for a few nations, climate change will present an unparalleled opportunity, as the planet’s coldest regions become more temperate.
  • And no country may be better positioned to capitalize on climate change than Russia. Russia has the largest land mass by far of any northern nation.
  • There is an optimum climate for human productivity — average annual temperatures between 52 and 59 degrees Fahrenheit, according to a recent study in the Proceedings of the National Academy of Sciences — and much of the planet’s far north is headed straight toward it.
  • And as the climate warms, Canada will move into the ecological sweet spot for civilization, benefiting from new Arctic transportation routes as well as an expanded capacity for farming.
  • As Vladimir Putin himself once glibly put it, a couple of degrees of warming might not be so bad: “We could spend less on fur coats, and the grain harvest would go up.”
  • The race for prosperity in a climate-changed world is about achieving domestic self-reliance and also expanding geopolitical influence.
  • but Tchebakova’s research suggests that if humans continue to emit carbon dioxide at high rates, roughly half of Siberia — more than two million square miles — could become available for farming by 2080, and its capacity to support potential climate migrants could jump ninefold in some places as a result.
  • The wait may not be especially long. This season, crops of winter wheat and canola seed outside Tchebakova’s own city of Krasnoyarsk in southern Siberia produced twice the yields as the year before.
  • This is why a group of Canadian business executives and academics have called on their government to turn the country’s immigration system into a magnet for the planet’s most talented people, hoping to nearly triple Canada’s population by 2100.
  • But agriculture offers the key to one of the greatest resources of the new climate era — food — and in recent years Russia has already shown a new understanding of how to leverage its increasingly strong hand in agricultural exports
  • Russia’s agricultural dominance, says Rod Schoonover, the former director of environment and natural resources at the National Intelligence Council and a former senior State Department analyst under the Obama and Trump administrations, is “an emergent national security issue” that is “underappreciated as a geopolitical threat.”
  • In 2010, in what was a rare and early official assessment of climate risk, the U.S. Department of Defense’s Quadrennial Defense Review warned that climate change “could have significant geopolitical impacts,” contributing to poverty, starvation, drought and the spread of disease
  • The current plan invites any Russians willing to relocate themselves in Siberia and the Far East, including in the Birobidzhan area of the Jewish Autonomous Region, to buy properties at 2 percent interest.
woodlu

The mess Merkel leaves behind | The Economist - 0 views

  • Mrs Merkel’s achievements are more modest. In her 16 years in the chancellery she has weathered a string of crises, from economic to pandemic. Her abilities as a consensus-forger have served her country and Europe well.
  • But her government has neglected too much, nationally and internationally.
  • when a new government forms after an election this weekend, admiration for her steady leadership should be mixed with frustration at the complacency she has bred.
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  • The public sector has failed to invest adequately or wisely, falling behind its peers in building infrastructure, especially the digital sort.
  • Penny-pinching is hard-wired into the state. In 2009, on Mrs Merkel’s watch, Germany hobbled itself with a constitutional amendment that makes it illegal to run more than a minute deficit. With interest rates so low, sensible governments ought to have been borrowing for investment, not fainting at the first spot of red ink.
  • Germany’s most severe domestic problem is a failure to reform its pension system. Germans are ageing fast, and the baby-boomers will place an even heavier burden on the budget later this decade as they retire
  • Germany has also been sluggish, and still emits more carbon per head than any other big EU country, not helped by Mrs Merkel’s shutdown of Germany’s nuclear industry after the Fukushima disaster in Japan in 2011.
  • The EU has not grappled sufficiently with the weakness of its indebted southern members. Only during the pandemic did it create a financial instrument that lets the EU issue jointly guaranteed debt, and dispense some of the cash as grants, rather than yet more loans.
  • Worse, the “stability” rules that will force countries back into austerity to shrink their stocks of debt are ready to revive, unless amended.
  • China is an increasingly challenging economic and strategic rival, Russia an unpredictable threat and America a distracted and uncertain ally.
  • Despite recent increases, it spends too little on defence. It cosies up to Beijing in the hope of better trading terms. It is giving Vladimir Putin, Russia’s president, a chokehold over European energy supplies by backing the new Nord Stream 2 gas pipeline which, as it happens, makes landfall in Mrs Merkel’s own constituency.
  • The polls suggest that Germany is set for a messy new parliament, with no single party, or even two, able to form a government. Instead, some sort of ideologically incoherent three-way coalition is on the cards—one that, by combining high-spending greens and pro-business liberals, may struggle to agree on anything ambitious.
  • Comfortable, cautious Germans seem uninterested in serious debate about the future. Crisis-management has become a substitute for initiative. Candidates have no incentive to highlight their country’s looming problems.
  • One is a coalition headed by Mrs Merkel’s party, the Christian Democrats and their Bavarian sister-party (the CDU/CSU), led by Armin Laschet. The other is a coalition led by Olaf Scholz, of the Social Democrats (SPD), who is Germany’s finance minister. In either case, the coalition would be joined by the Greens and by the pro-business Free Democrats.
  • Sixteen years in power has been enough. The party has run out of ideas and drive, as its decision to choose the gaffe-prone and uninspiring Mr Laschet for chancellor makes clear. An affable lightweight, he has run a dismal campaign, and is predicted to lead his team to its worst result since the second world war. The polls say that Mr Scholz is preferred by twice as many voters.
  • The problem is that although he belongs to the business-friendly wing of his party, the SPD is stuffed with left-wingers.
  • They may try to drag him further in their direction than the Free Democrats will wear and enterprise can comfortably bear.
Javier E

China pledge to stop funding coal projects 'buys time for emissions target' | China | T... - 0 views

  • Xi Jinping’s announcement that China will stop funding overseas coal projects could buy the world about three more months in the race to keep global heating to a relatively safe level of 1.5C, experts say.
  • Ending Chinese coal financing has long been near the top of climate activists’ wishlists. For more than a decade, China has been the lender of last resort for overseas governments seeking finance for thermal power plants. That role has accelerated since the 2013 start of the country’s belt and road initiative (BRI).
  • Xi’s declaration is likely to affect at least 54 gigawatts of China-backed coal power projects,
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  • Lauri Myllyvirta, the centre’s lead analyst, said this was equivalent to about three months of global emissions. “These plants, if built and operated, would have emitted around 250-280 megatonnes of CO2 a year, which is roughly equal to the total emissions of Spain. Assuming an operating life of 35 years, the cumulative emissions would amount to 10 gigatonnes, or a year of China’s emissions, or three months of global emissions,”
  • there is evidence that 40% of the heavy equipment at new coal plants outside China and India comes from China
  • With coal now seemingly in terminal decline, climate activists are turning their sights towards oil, gas, and domestic coal power in China and India.
  • The immediate impact is likely to be felt in the countries that rely most heavily on Chinese funding for new coal projects: Indonesia, Vietnam, Bangladesh and Pakistan
  • Depending on implementation, other possible beneficiaries of this announcement could be the rhinos, giraffes, cheetahs and other endangered species at Zimbabwe’s Hwange national park, where two Chinese companies had hoped to extract the fossil fuel.
  • Another positive knock-on effect would be to push Japan to follow suit. The government in Tokyo has already taken steps in this direction but left a door open for financing by its private-sector institutions. Their geopolitical reason had been that they did not want to leave China as the only option for regional energy projects.
  • Despite the uncertainties over implementation, Myllyvirta said China’s announcement would accelerate decarbonisation. “Countries now know that going forward, there is no financing on the table for coal. That should clarify things a lot. Chinese delegates are going to visit Indonesia or Vietnam or Pakistan and they will be saying, ‘We don’t do coal any more, but we can help with clean energy.’ That will make a difference.”
  • Close to 58% of its power comes from the country’s 1,058 coal plants, almost half the total in the entire the world. This makes China far the biggest carbon emitter, pumping more than one out of every four gigatonnes that enter the atmosphere.
  • oughly half the country’s plants will have to close if the government 2060 net-zero target is to be achieved.
Javier E

JPMorgan CEO Jamie Dimon Says Big Risks Loom for the U.S. Economy - WSJ - 0 views

  • Chase & Co. Chief Executive Jamie Dimon said the U.S. economy is facing unprecedented risks that have him preparing for dramatic upheavals.
  • Consumers and businesses are flush with cash, wages are rising and the economy is growing rapidly after its pandemic slowdown. While consumer confidence has declined, Mr. Dimon says the more important gauge is booming spending.
  • Yet Mr. Dimon warned that the war in Ukraine could collide with rising inflation to slow the pandemic recovery and alter global alliances for decades to come.
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  • “While it is possible, and hopeful, that all of these events will have peaceful resolutions, we should prepare for the potential negative outcomes.”
  • Last April, as the world emerged from the pandemic, he saw a chance for an economic “Goldilocks moment”—fast, sustained growth alongside inflation and interest rates that drift slowly upward. Instead, growth was accompanied by inflation that well outpaced expectations.
  • “In hindsight, the medicine…was probably too much and lasted too long,” Mr. Dimon wrote in Monday’s letter, referring to pandemic-era stimulus measures that kept consumers afloat and borrowing costs low. 
  • Russia’s war against Ukraine and Western sanctions meant to stop it will “at a minimum” slow the global economy, Mr. Dimon said. Oil, commodity and agriculture markets are already reeling, he said. The prospect of additional sanctions, which he supports, could “dramatically, and unpredictably, increase their effect.”
  • “Along with the unpredictability of war itself and the uncertainty surrounding global commodity supply chains, this makes for a potentially explosive situation,”
  • Energy investments, he said, are especially needed to wean the world off Russian oil and gas. He specifically called for the U.S. to issue permits for oil and gas projects and increased shipping of liquefied natural gas to Europe.
  • ensuring current energy needs are met doesn’t have to come at the expense of investments in green energy and broader efforts to reduce carbon emissions.
  • “We need to secure proper energy supplies immediately for the next few years, which can be done while reducing CO2 emissions,” Mr. Dimon wrote.
kennyn-77

Climate Change Poses a Widening Threat to National Security - The New York Times - 0 views

  • The Biden administration released several reports Thursday on climate change and national security, laying out in stark terms the ways in which the warming world is beginning to pose significant challenges to stability worldwide.
  • the first such document to look exclusively at the issue of climate, said that risks to American national security will grow in the years to come. After 2030, key countries will face growing risks of instability and need for humanitarian assistance, the report said.
  • The document makes three key judgments. Global tensions will rise as countries argue about how to accelerate reductions in greenhouse gas emissions; climate change will exacerbate cross-border flash points and amplify strategic competition in the Arctic; and the effects of climate change will be felt most acutely in developing countries that are least equipped to adapt.
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  • The document also states that China and India, with large populations, will play key roles in determining how quickly global temperatures rise.
  • When it comes to the odds of countries around the world meeting the commitment made at the 2015 climate conference in Paris to keep the rise in global temperatures to less than 2 degrees Celsius, the intelligence report said the odds were not good.
  • “High-emitting countries would have to make rapid progress toward decarbonizing their energy systems by transitioning away from fossil fuels within the next decade, whereas developing countries would need to rely on low-carbon energy sources for their economic development.”
  • That report said the military would begin to spend a significant portion of its next budget on climate analysis in its national security exercises and analysis.
  • Its bases are vulnerable to flooding, fires, drought and rising sea levels. Flooding harmed the Navy Base Coronado during a particularly tough hurricane year, the Naval Air Station Key West was hit by severe drought several years ago and a wildfire in 2017 burned 380 acres on Vandenberg Air Force Base in Southern California, among myriad other examples.
  • Beyond harming its basic infrastructure, droughts, fires and flooding can harm the Pentagon’s the performance of its aircraft, the ability to do testing activities and a host of training exercises.
  • moving to directly integrate concept of climate change as a threat multiplier into all aspects of defense strategy, planning, force posture and budget,”
  • cited the growing United States rivalry with China as an example of why the two issues are linked. “The Pentagon must bring a climate lens to its strategic assessment of Chinese foreign policy and behavior on the world stage,” said Ms. Sikorsky, who is now director of the Center for Climate and Security. “Otherwise it will get answers to key questions about China’s strength and strategy wrong.”
  • The department said climate change’s effect on the Northwest Passage, the waters between the Atlantic and Pacific oceans and through the Arctic Ocean, are already apparent. With the ice melting, the area has become easier to navigate and has opened it up to competition with Russia and China.
  • ith deadly and destructive hurricanes driving migrants to leave their homes in Central America and flee to the United States through Mexico. This has overwhelmed border officials at times since 2014 and particularly during the last six months.
  • looking at how climate change is already pushing people around the world to migrate, both within countries and between them. The report notes one forecast suggesting that climate change could lead to almost three percent of the populations of Latin America, South Asia and sub-Saharan Africa moving within their countries by 2050 — more than 143 million people.
  • “Even in the United States, one extreme event can result in a relatively high degree of permanent relocation of low-income populations exposed to chronic and worsening conditions over time,” the report says.
lucieperloff

Oil Prices Stay High as Output From OPEC and Others Falls Behind - The New York Times - 0 views

  • The sharp pullback came with an implicit promise that as factories reopened and planes returned to the air, the oil industry would revive, too, gradually scaling up production to help economies return to prepandemic health.
  • Members of the cartel OPEC Plus, which agreed to cut output by about 10 million barrels a day in early 2020, are routinely falling well short of their rising monthly production targets.
  • Production in the United States, the world’s largest oil producer, has also been slow to recover from its one-million-barrel-a-day plummet in 2020, as companies and investors are wary of committing money amid climate change concerns and volatile prices.
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  • A prolonged period when more oil has been consumed than pumped has drained tank farms to low levels. Investment in new drilling for new oil has also fallen to multiyear lows, though it is expected to pick up this year. At the same time, demand is expected to grow strongly, reaching prepandemic levels this year.
  • Energy Aspects forecasts that the deficit will reach just over one million barrels a day this month, or 1 percent of world supplies, and will probably increase later in the year.
  • Following a schedule agreed to in July, the group plans to raise the overall output by 400,000 barrels a day each month, even though they are missing the targets.
  • Nigeria’s industry is plagued by damage to infrastructure caused by oil thieves and others, problems that have worsened in recent months, according to the industry.
  • Kamel al-Harami, a Kuwaiti analyst, said that the domestic industry “does not have the experience and the expertise to deal with old and aged oil fields” but that public opinion is resistant to bringing in international companies.
  • A variety of factors are causing production in some countries to fall short, including political turmoil, outmoded regulatory regimes and pressures on international oil companies to rethink their investments so as to bolster profits and reduce carbon emissions. That shift could leave developing countries that depend on oil income out in the cold.
  • Analysts say Saudi officials don’t want to unilaterally increase output and risk busting up the arrangement with other producers that gives them so much control.
sidneybelleroche

Associated Press News - 0 views

  • President Joe Biden wrapped up his time at the Group of 20 summit on Sunday trying to convince Americans and the wider world that he’s got things under control — and taking Russia, China and Saudi Arabia to task for not doing enough to deal with the existential threat of climate change.
  • But the policy issues also seemed to fade for Biden when asked about his time Friday with Pope Francis. The president became deeply emotional, his hands appearing to fiddle with the mask he wore as a precaution because of COVID-19.
  • But he also acknowledged what he can’t yet achieve: bringing Russia, China and Saudi Arabia to the table with the broader international community to limit carbon emissions and move to renewable energy.
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  • For all the challenges confronting him, the president attempted to stay optimistic. As Biden departed the news conference, he offered a thumbs up when asked if West Virginia Sen. Joe Manchin and Arizona Sen. Kyrsten Sinema — key Democratic votes — were on board with his $1.75 trillion spending package for families, health care and renewable energy. The president also shrugged off his recent decline in the polls, saying that numbers go up and down
  • Biden’s overall take on his efforts: On climate change, he’s got $900 billion planned for renewable energy, and Congress will vote this coming week.
  • The president did leave the G-20 with commitments by his fellow leaders on a global minimum tax that would make it harder for large companies to avoid taxes by assigning their profits to countries with low tax rates.
  • The president met Sunday with Turkish President Recep Tayyip Erdogan, whose office said the meeting was held in a “positive atmosphere” despite tensions over human rights and Turkey’s purchase of a Russian missile system, among other issues.
  • Biden heads Monday to the U.N. climate summit in Scotland, where he’ll once again face questions about whether the world’s wealthiest are doing enough to stop the warming of the Earth by moving away from fossil fuels.
lucieperloff

A Slow-Motion Climate Disaster: The Spread of Barren Land - The New York Times - 0 views

  • But on a recent day, with temperatures approaching 100 degrees, the river had run dry, the crops would not grow and the family’s 30 remaining cattle were quickly consuming the last pool of water.
  • Scientists agree with her grandfather. Much of Brazil’s vast northeast is, in effect, turning into a desert — a process called desertification that is worsening across the planet.
  • But local residents, faced with harsh economic realities, have also made short-term decisions to get by — like clearing trees for livestock and extracting clay for the region’s tile industry — that have carried long-term consequences.
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  • Satellite images and field tests show that 13 percent of the land has already lost its fertility, while nearly the rest of the region is at risk.
  • Brazil’s northeast, the world’s most densely populated drylands, with roughly 53 million people, is among the most at risk.
  • Instead, higher temperatures and less rain combine with deforestation and overfarming to leave the soil parched, lifeless and nearly devoid of nutrients, unable to support crops or even grass to feed livestock.
  • Those entrepreneurs began paying landowners for their mud, and in a few years, dozens of ceramics plants employed hundreds of people.
  • Increasing deforestation in Brazil has alarmed officials around the world because it threatens the Amazon rain forest’s ability to pull carbon from the atmosphere.
  • At his small plant recently, a few dozen laborers laid out thousands of tiles to dry in the midday sun.
  • Factories make the tiles by mixing water with clay, and then firing the result in a wood-burning oven. All those ingredients — water, wood and clay — are in short supply here.
  • The operation consumes 60 to 75 cubic meters of wood a week, or enough to fill five large dump trucks.
  • That can have a devastating effect. The soil and clay they extract is crucial for retaining a proper balance of nutrients and moisture in the surrounding land.
  • In 2010, during another difficult dry season, Mr. Dantas said his family almost ran out of money. To feed themselves and their cattle, they decided to cash in on their mud.
  • But in 2010, instead of planting, the family watched four men with shovels excavate and haul away the soil. It took them three months. They paid about $3,500 for the clay.
Javier E

Putin's Challenge To The American Right - 0 views

  • It’s not so much Putin’s trashing of international law, his unhinged rehashing of post-Soviet grievances, his next-level Covid paranoia, the foul murders of his opponents, or his brazen embrace of shelling hospitals that has so deepened the damage to the Putin brand among the West’s new Russophiles. These atrocities and madnesses they have long found ways to live with
  • No, it’s Putin’s failure — thus far — to actually win the war he started that’s so damning. It’s one thing for a dictator to be deemed cruel; and quite another — and far more dangerous — thing for him to be seen as incompetent.
  • “They’re gonna keep peace all right.” Think of the depth of the cynical callousness that has to lie behind such a smirk. Notice that for Trump, Putin is not just a thug but a smart one, and the possibility of his brutal incursion into a sovereign neighbor state was, in Trump’s mind, “wonderful.” And cheap: “He’s taking over a country for $2 worth of sanctions. I’d say that’s pretty smart.”
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  • With Trump, evil is always better when it’s also a bargain.
  • Until as recently as January this year, “62 percent of Republicans and Republican-leaning independents considered Vladimir Putin a stronger leader than Joe Biden.” That’s the primrose path down which the GOP led its supporters — seeing Putin as a more legitimate president than Biden.
  • Steve Bannon summed it up: “Putin ain’t woke. He’s anti-woke.”
  • over the years, this drumbeat of love for the Russian dictator shifted the views of many grassroots Republicans. In the wake of Trump’s personal infatuation with Putin, the murderer’s favorability among Republicans jumped from 10 percent in 2014 to 37 percent by December 2016.
  • For besieged social conservatives and Christianists in America, Putin loomed like some phantasm of strange hope.
  • Putin’s blunder has revealed, in fact, that the West has a unique new weapon in the history of global warfare that can end wars almost before they begin: an economic kill-switch. The vast and complex set of financial, economic, and travel sanctions that the West unveiled this past fortnight and is imposing on Russia — effectively removing it from international banking and most international trade — is something no country can survive for very long.
  • If you’re Bannon, you can still try and wing it, but the sheer sight of bombed hospitals, murdered children, homeless seniors, and mortar explosions in residential neighborhoods tends to shape public opinion overnight.
  • Secondly, and perhaps most important, Putin is failing. He looks weak. The visual of a vast, stalled, vulnerable convoy of trucks on its way — or not — to Kyiv is now a metaphor for Putin’s presidency.
  • Putin has also done something no US president has been able to do in decades: rally Europe around NATO, get NATO countries to re-arm (finally), and give them a new and pointed mission: the deterrence of Russia
  • The last two weeks, to put it mildly, have pummeled this narrative. It’s happened in a couple of ways. The first is that there really is no legitimate defense — even at CPAC, the fetid armpit of the Trump right — of sending troops and tanks into a neighboring country to teach it a lesson in submission to Mother Russia
  • if the EU is able to ramp up nuclear power (as France and Britain are), allow more fracking, and keep its investment in renewables surging, Russia’s entire carbon-based economy will have an expiration date attached to it.
  • None of this was supposed to happen. The West wasn’t supposed to unite this expeditiously; the EU wasn’t expected to find a new and confident voice; Russia’s access to global finance wasn’t supposed to be severed overnight; and a senile American president wasn’t supposed to corral a massive coalition to marginalize and isolate Russia on the global stage.
  • “Everything the [far right] wanted to perceive as decadent and weak has proven strong and brave; everything they wanted to represent as fearsome and powerful has revealed itself as brutal and stupid
  • so a president recently celebrated as a mastermind on the world stage has allowed his ancient fantasies of imperial glory to kick-start his own country’s economic and social collapse. Putin emerges from this as neither smart nor strong; he is, in fact, dumb and increasingly weak.
  • That’s why he’s a useful insight into what reactionism actually is. It’s not really a politics; it’s a mood. It’s not really about the problems of the present; it’s about living in an imagined past, and believing that you alone can restore it by some mystical rhetorical magic.
  • It’s about “subscribing to a worldview that combines Orthodox Christian mysticism, anti-American conspiracy theories and hedonism.
  • Trump longs for the 1950s in America — just as Putin longs for the USSR of the same period
  • Wrapped up in nationalism, provoked by left-extremism, corralled by skillful demagogues, this longing can be a path to power. It can bring tyrants into office. But it cannot work in practice — because the world is different now. We live in 2022. America will never have the cultural and relative demographic homogeneity of the 1950s again. Never.
  • “White nationalism” in the most ethnically diverse democracy in human history is a kind of insanity — perpetuated by woke leftists and sad rightists. No wall, no president, no new immigration policy, no mass deportations, no book-bannings and no neo-Nazi rallies will bring it back. It’s gone.
  • globalization as a whole will not be undone. And because it will not be undone, exclusion from it will effectively remove any country from great power status in the foreseeable future. And so Putin has had his bluff called as well. If the sanctions hold, the danger from Russia henceforth will come from desperation, not ambition.
  • d this is often the risk of reactionary movements. The backlash they provoke can be lethal to their cause.
  • If Trudeau tried to freeze the bank accounts of political opponents, the West has chosen to cut an entire country off from global finance — to precipitate its collapse. The scale of this organized global cabal and the immensity of its power should alarm anyone. Putin’s hyper-nationalism has actually generated the most potent globalist power grab since the Cold War. And made it look reasonable.
Javier E

Climate Change Obsession Is a Real Mental Disorder - WSJ - 0 views

  • If heat waves were as deadly as the press proclaims, Homo sapiens couldn’t have survived thousands of years without air conditioning. Yet here we are
  • Humans have shown remarkable resilience and adaptation—at least until modern times, when half of society lost its cool over climate change.
  • it’s alarmist stories about bad weather that are fueling mental derangements worthy of the DSM-5—not the warm summer air itself.
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  • Forty-five percent claimed they were so worried that they struggled to function on a daily basis, the definition of an anxiety disorder.
  • “climate change might not necessarily increase mental health issues because people might adapt over time, meaning that higher temperatures could become normal and not be experienced as anomalous or extreme.”
  • yes. Before the media began reporting on putative temperature records—the scientific evidence for which is also weak—heat waves were treated as a normal part of summer. Uncomfortable, but figuratively nothing to sweat about.
  • according to a World Health Organization report last year, the very “awareness of climate change and extreme weather events and their impacts” may lead to a host of ills, including strained social relationships, anxiety, depression, intimate-partner violence, helplessness, suicidal behavior and alcohol and substance abuse.
  • A study in 2021 of 16- to 25-year-olds in 10 countries including the U.S. reported that 59% were very or extremely worried about climate change, and 84% were at least moderately worried
  • The Bloomberg article cites a July meta-analysis in the medical journal Lancet, which found a tenuous link between higher temperatures and suicides and mental illness. But the study deems the collective evidence of “low certainty” owing to inconsistent study findings, methodologies, measured variables and definitions.
  • Displacement is a maladaptive mechanism by which people redirect negative emotions from one thing to another
  • These anxieties are no more rational than the threats from climate change are existential.
  • A more apt term for such fear is climate hypochondria.
  • The New Yorker magazine earlier this month published a 4,400-word piece titled “What to Do With Climate Emotions” by Jia Tolentino, a woman in the throes of such neurosis
  • Ms. Tolentino goes on to describe how climate therapists can help patients cope. “The goal is not to resolve the intrusive feeling and put it away” but, as one therapist advises her, “to aim for a middle ground of sustainable distress.” Even the climate left’s despair must be “sustainable.”
  • there’s nothing normal about climate anxiety, despite the left’s claims to the contrary.
  • Progressives may even use climate change to displace their other anxieties—for instance, about having children
  • “First and foremost, it is imperative that adults understand that youth climate anxiety (also referred to as eco-anxiety, solastalgia, eco-guilt or ecological grief) is an emotionally and cognitively functional response to real existential threats,” a May 10 editorial in the journal Nature explained. “Although feelings of powerlessness, grief and fear can be profoundly disruptive—particularly for young people unaccustomed to the depth and complexity of such feelings—it is important to acknowledge that this response is a rational one.”
  • Climate hypochondriacs deserve to be treated with compassion, much like anyone who suffers from mental illness. They shouldn’t, however, expect everyone else to enable their neuroses.
Javier E

Ocean Currents in the Atlantic Could Slow by Century's End, Research Shows - The New Yo... - 0 views

  • The last time there was a major slowdown in the mighty network of ocean currents that shapes the climate around the North Atlantic, it seems to have plunged Europe into a deep cold for over a millennium.
  • That was roughly 12,800 years ago, when not many people were around to experience it. But in recent decades, human-driven warming could be causing the currents to slow once more, and scientists have been working to determine whether and when they might undergo another great weakening, which would have ripple effects for weather patterns across a swath of the globe.
  • A pair of researchers in Denmark this week put forth a bold answer: A sharp weakening of the currents, or even a shutdown, could be upon us by century’s end.
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  • Climate scientists generally agree that the Atlantic circulation will decline this century, but there’s no consensus on whether it will stall out before 2100.
  • the new findings were reason enough not to regard a shutdown as an abstract, far-off concern. “It’s now,” she said.
  • As humans warm the atmosphere, however, the melting of the Greenland ice sheet is adding large amounts of fresh water to the North Atlantic, which could be disrupting the balance of heat and salinity that keeps the overturning moving. A patch of the Atlantic south of Greenland has cooled conspicuously in recent years, creating a “cold blob” that some scientists see as a sign that the system is slowing.
  • Abrupt thawing of the Arctic permafrost. Loss of the Amazon rain forest. Collapse of the Greenland and West Antarctic ice sheets. Once the world warms past a certain point, these and other events could be set into swift motion, scientists warn, though the exact thresholds at which this would occur are still highly uncertain.
  • In the Atlantic, researchers have been searching for harbingers of tipping-point-like change in a tangle of ocean currents that goes by an unlovely name: the Atlantic Meridional Overturning Circulation, or AMOC (pronounced “AY-mock”).
  • These currents carry warm waters from the tropics through the Gulf Stream, past the southeastern United States, before bending toward northern Europe. When this water releases its heat into the air farther north, it becomes colder and denser, causing it to sink to the deep ocean and move back toward the Equator. This sinking effect, or “overturning,” allows the currents to transfer enormous amounts of heat around the planet, making them hugely influential for the climate around the Atlantic and beyond.
  • adds to a growing body of scientific work that describes how humankind’s continued emissions of heat-trapping gases could set off climate “tipping points,” or rapid and hard-to-reverse changes in the environment.
  • Much of the Northern Hemisphere could cool. The coastlines of North America and Europe could see faster sea-level rise. Northern Europe could experience stormier winters, while the Sahel in Africa and the monsoon regions of Asia would most likely get less rain.
  • Were the circulation to tip into a much weaker state, the effects on the climate would be far-reaching, though scientists are still examining their potential magnitude.
  • scientists’ most advanced computer models of the global climate have produced a wide range of predictions for how the currents might behave in the coming decades, in part because the mix of factors that shape them is so complex.
  • Dr. Ditlevsen’s new analysis focused on a simple metric, based on sea-surface temperatures, that is similar to ones other scientists have used as proxies for the strength of the Atlantic circulation. She conducted the analysis with Peter Ditlevsen, her brother, who is a climate scientist at the University of Copenhagen’s Niels Bohr Institute. They used data on their proxy measure from 1870 to 2020 to calculate statistical indicators that presage changes in the overturning.
  • “Not only do we see an increase in these indicators,” Peter Ditlevsen said, “but we see an increase which is consistent with this approaching a tipping point.”
  • They then used the mathematical properties of a tipping-point-like system to extrapolate from these trends. That led them to predict that the Atlantic circulation could collapse around midcentury, though it could potentially occur as soon as 2025 and as late as 2095.
  • Their analysis included no specific assumptions about how much greenhouse-gas emissions will rise in this century. It assumed only that the forces bringing about an AMOC collapse would continue at an unchanging pace — essentially, that atmospheric carbon dioxide concentrations would keep rising as they have since the Industrial Revolution.
  • they voiced reservations about some of its methods, and said more work was still needed to nail down the timing with greater certainty.
  • Susan Lozier, a physical oceanographer at Georgia Tech, said sea-surface temperatures in the North Atlantic near Greenland weren’t necessarily influenced by changes in the overturning alone, making them a questionable proxy for inferring those changes. She pointed to a study published last year showing that much of the cold blob’s development could be explained by shifts in wind and atmospheric patterns.
  • Scientists are now using sensors slung across the Atlantic to directly measure the overturning. Dr. Lozier is involved in one of these measurement efforts. The aim is to better understand what’s driving the changes beneath the waves, and to improve projections of future changes.
  • Still, the new study sent an urgent message about the need to keep collecting data on the changing ocean currents,
  • Scientists’ uncertainty about the timing of an AMOC collapse shouldn’t be taken as an excuse for not reducing greenhouse-gas emissions to try to avoid it, said Hali Kilbourne, an associate research professor at the University of Maryland Center for Environmental Science.
  • “It is very plausible that we’ve fallen off a cliff already and don’t know it,” Dr. Kilbourne said. “I fear, honestly, that by the time any of this is settled science, it’s way too late to act.”
Javier E

Opinion | The Economic Mistake Democrats Are Finally Confronting - The New York Times - 0 views

  • This is the driving theory of most of the progressive policy agenda, most of the time: give people money or a moneylike voucher they can use to buy something they need or even just want.
  • The problem is that if you subsidize the cost of something that there isn’t enough of, you’ll raise prices or force rationing. You can see the poisoned fruit of those mistakes in higher education and housing. But it also misses the opportunity to pull the technologies of the future progressives want into the present they inhabit.
  • The first problem is explored in “Cost Disease Socialism,” a new paper by the center-right Niskanen Center. “We are in an era of spiraling costs for core social goods — health care, housing, education, child care — which has made proposals to socialize those costs enormously compelling for many on the progressive left,”
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  • That requires a movement that takes innovation as seriously as it takes affordability.
  • what Bastani sees clearly is that the world we should want requires more than redistribution. It requires inventions and advances that render old problems obsolete and new possibilities manifold.
  • the authors urge conservatives to tackle costs directly. Too often, Republican proposals to cut government spending are just shell games that shift costs onto individuals. The conservative enthusiasm for moving Medicare beneficiaries onto (often more expensive!) private plans “risks being little more than an accounting trick — a purely nominal change in ‘who pays’ that would do little to address the underlying sources of cost growth.”
  • For now, though, it’s Democrats who are starting to take supply-side concerns seriously.
  • A problem of our era is there’s too little utopian thinking, but one worthy exception is Aaron Bastani’s “Fully Automated Luxury Communism,” a leftist tract that puts the technologies in development right now — artificial intelligence, renewable energy, asteroid mining, plant- and cell-based meats, and genetic editing — at the center of a postwork, postscarcity vision.
  • “What if everything could change?” he asks. “What if, more than simply meeting the great challenges of our time — from climate change to inequality and aging — we went far beyond them, putting today’s problems behind us like we did before with large predators and, for the most part, illness? What if, rather than having no sense of a different future, we decided history hadn’t actually begun?”
  • There are sharp limits on supply in all of these sectors because regulators make it hard to increase supply (zoning laws make it difficult to build housing), training and hiring workers is expensive (adding classrooms means adding teachers and teacher aides, and expanding health insurance requires more doctors and nurses) or both. “This can result in a vicious cycle in which subsidies for supply-constrained goods or services merely push up prices, necessitating greater subsidies, which then push up prices, ad infinitum,” they write.
  • Progressives have long known to look for problems on the demand side of the economy — to ask whether there are goods and services people need that they cannot afford. That will make today fairer, but to ensure tomorrow is radically better, we need to look for the choke points in the future we imagine, the places where the economy can’t or won’t supply the things we need. And then we need to fix them.
  • In a world where two-thirds of emissions now come from middle-income countries like China and India, the only way for humanity to both address climate change and poverty is to invent our way to clean energy that is plentiful and cheap and then spend enough to rapidly deploy it.
  • It is true that European countries free-ride off the high cost we pay for drugs, because it’s the U.S. market that drives innovation. But that doesn’t mean we’d be better off paying their prices, if that meant new drug development slowed. We don’t just want everyone to have health insurance in the future. We want them to be healthier, freed from diseases and pain that even the best health insurance today cannot cure or ease.
  • It’s ludicrous to say that the pharmaceutical system we have now is oriented toward innovation. It’s oriented toward profit; sometimes that intersects with innovation and sometimes it doesn’t.
  • We should combine price controls with new policies to encourage drug development. That could include everything from more funding of basic research to huge prizes for discovering drugs that treat particular conditions to more public funding for drug trials.
  • Years ago, Bernie Sanders had an interesting proposal for creating a system of pharmaceutical prizes in which companies could make millions or billions for inventing drugs that cured certain conditions, and those drugs would be immediately released without exclusive patent protections. Focusing on the need to make new drugs affordable while ignoring the need to make more of them exist is like trimming a garden you’ve stopped watering.
  • this is a lesson progressives are, increasingly, learning. This is clearest on climate. Much of the spending in the Biden agenda is dedicated to increasing the supply of renewable energy and advanced batteries while building the supply of carbon-neutral transportation options.
  • In a blog post, Jared Bernstein, a member of President Biden’s Council of Economic Advisers, and Ernie Tedeschi, a senior policy economist for the council, framed the Biden agenda as “an antidote for inflationary pressure” because much of it expands the long-term supply of the economy.
  • Climate change is the most pressing example
  • look closely and you can see something new and overdue emerging in American politics: supply-side progressivism.
Javier E

Germany Gets Honest About What Net Zero Will Cost - WSJ - 0 views

  • Chancellor Olaf Scholz’s administration is falling apart because it turns out someone will have to pay for decarbonizing the eurozone’s largest economy.
  • This shocking and horrifying revelation is brought to you by Germany’s highest constitutional court, which ruled in mid-November that Berlin’s favorite budget gimmick violates the balanced-budget amendment. The amendment, known as the debt brake, limits the federal general-budget deficit to 0.35% of gross domestic product in any year unless Parliament declares an emergency.
  • German governments devised a workaround even before the amendment forced them to. By establishing special funds—called Sondervermögen—with their own revenue streams and borrowing authority, the government could shift a portion of its expenditures off its balance sheet.
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  • A big portion. There now are 29 special funds, with the largest among them allowed to borrow and spend over multiyear periods up to €869 billion, all of it backstopped by taxpayers but none of it folded into the general budget, where it would be subject to the debt brake
  • Before the court ruling, special-fund net borrowing in 2023 was expected to reach €147 billion, compared with on-balance-sheet borrowing of €45.6 billion. The constitutional court finally has caught on.
  • At a stroke, €60 billion has vanished from the budget. And that might not be the only disappearing cash. Finance Minister Christian Lindner—never enthusiastic about any of this spending anyway—believes a separate pot of money slated for energy-price subsidies also may run afoul of the newly articulated constitutional requirement. The size of that fund: €200 billion
  • Industry is fleeing Germany. The new green jobs the net-zero left promised require enormous subsidies. And Berlin must offer generous handouts, probably permanent, to individual households to shield them from the crippling energy-price consequences of decades of accumulated policy errors.
  • Ameliorating all of this was meant to be paid for on the sly via borrowing concealed in various Sondervermögen. No longer
  • Germany long ago perfected the art of green virtue signaling. Now it will have to conduct a substantive debate about whether the negligible global benefits of Germany’s slashing carbon emissions are worth the costs, especially if money must be diverted from other policy priorities such as social welfare.
  • Critics on the left will argue this all could be solved easily if only those hidebound Teutons weren’t so neurotic about budget balance. This crowd will note that Berlin could simply borrow more on the general budget, which it still can do relatively cheaply, and use the proceeds to sustain the net-zero transition and much other spending. Politico was quick off the mark, calling this a “make-believe debt crisis.”
  • Mr. Scholz is in political trouble because it was never clear how his center-left Social Democrats could govern in a coalition with Mr. Lindner’s free-market Free Democratic Party and the eco-leftist Greens. The special-budget trick was politically essential because it allowed all three parties to skirt the budget bargaining that would expose their deep ideological differences.
  • Those splits are out in the open now. Berlin is going to have to cut spending (on what?) or raise revenue (from where?) or borrow (how much?) to fill the net-zero funding gap—or, not impossible, conclude Germans don’t care that much about net zero after all
  • The key point is that Berlin’s budget process is no more dysfunctional than any other Western government’s. It’s merely more honest, at least now that the court has stepped in.
Javier E

The climate emergency really is a new type of crisis - consider the 'triple inequality'... - 0 views

  • Stare at a climate map of the world that we expect to inhabit 50 years from now and you see a band of extreme heat encircling the planet’s midriff. Climate modelling from 2020 suggests that within half a century about 30% of the world’s projected population – unless they are forced to move – will live in places with an average temperature above 29C. This is unbearably hot. Currently, no more than 1% of Earth’s land surface is this hot, and those are mainly uninhabited parts of the Sahara.
  • The scenario is as dramatic as it is because the regions of the world affected most severely by global heating – above all, sub-Saharan Africa – are those expected to experience the most rapid population growth in coming decades.
  • But despite this population growth, they are also the regions that, on current trends, will contribute least to the emissions that drive the climate disaster.
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  • So extreme is inequality that the lowest-earning 50% of the world population – 4 billion people – account for as little as 12% of total emissions.
  • And those at the very bottom of the pile barely register at all. Mali’s per capita C02 emissions are about one-seventy-fifth of those in the US. Even if the lowest-earning third of the global population – more than 2.6 billion people – were to raise themselves above the $3.2-a-day poverty line, it would increase total emissions by a mere 5% – that is, one-third of the emissions of the richest 1%.
  • Half the world’s population, led by the top 10% of the income distribution – and, above all, by the global elite – drive a globe-spanning productive system that destabilises the environment for everyone
  • The worst effects are suffered by the poorest, and in the coming decades the impact will become progressively more extreme. And yet their poverty means they are virtually powerless to protect themselves.
  • This is the triple inequality that defines the climate global equation: the disparity in responsibility for producing the problem; the disparity in experiencing the impacts of the climate crisis; and the disparity in the available resources for mitigation and adaptation.
  • global heating will pose huge distributional problems. How will climate refugees be resettled? How will the economy adapt?
  • For fragile states such as Iraq, it may prove too much. The risk is that they will tip from just about coping into outright collapse, failing to provide water and the electricity for cooling – the bare essentials for survival in extreme heat
  • You might say, plus ça change. The poor suffer and the rich prosper. But the consequences of the climate triple inequality are radical and new
  • Rich countries have long traded on unequal terms with the poor. During the era of colonialism, they plundered raw materials and enslaved tens of millions. For two generations after decolonisation, economic growth largely bypassed what was then known as the third world.
  • As we run ever closer to the edge of the environmental envelope – the conditions within which our species can thrive – the development of the rich world systematically undercuts the conditions for survival of billions of people in the climate danger zone
  • The middle 40% of the world’s income distribution now account for 41% of global emissions, meaning they have achieved a considerable level of energy consumption. But this “global middle class”, concentrated above all in east Asia, crowds out the carbon budget remaining for those on the lowest incomes, and their growth inflicts irreversible damage on some of the poorest and most disempowered people in the world.
  • Since the 1980s, with the acceleration of China’s economic growth, the scope of development has dramatically widened.
  • They are not so much exploited or bypassed as victimised by the climactic effects of economic growth taking place elsewhere. This violent and indirect entanglement is new in its quality and scale
  • Violent and unequal relationships between groups usually involve some degree of interaction and can, as a result, be resisted. Workers can strike.
  • But arms-length ecological victimisation entails no such relationship and offers correspondingly fewer channels for resistance from within the system.
  • can we not hope for more constructive responses to the triple inequality?
  • This question is still what gives such huge importance to the global climate conferences such as Cop28, which starts on 30 November. They may seem like staid and ritualistic affairs, but it is in such venues that the lethal connection between oil, gas and coal production, rich-world consumption and the lethal risks facing those in the climate danger zone can be articulated in political form.
  • since then the resistance of US and European negotiators has hardened. As we approach Cop28, the organisation and the financing of the fund are yet
  • Such a fund is no solution to the problem of the triple inequality. For that we need a comprehensive energy transition and new models of truly inclusive and sustainable development
  • But a loss and damage fund does one essential thing. It recognises that the global climate crisis is no longer a problem of future development. We have entered the stage where the failure to urgently address the mounting crisis becomes an active process of victimisation. A victimisation that cries out, at least, for an admission of responsibility and adequate compensation.
  • Adam Tooze is a professor of history at Columbia University
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