Tag: Doomsday scenarios

Documenting the Train Wreck: Atmospheric CO2 Is Now Higher Than Ever in Human History, and Rising

As Tom pointed out, his piece isn’t just about the news of the CO2 hitting new levels, but on what can be done to stop the march to ruin? By Thomas Neuburger. Originally published at DownWithTyranny! Atmospheric CO2 levels have now reached 415 ppm. The last time humans experienced levels this high was… never. Human […]

Read More

EPA Changes Math to Allow Burning of More Coal

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The Trump administration continues to erode US regulation in many areas – especially of the environment, with the Environmental Protection Agency (EPA) and other agencies advancing policies to benefit the fossil fuels industry. […]

Read More

The Battle for Rights of Nature Heats Up in the Great Lakes

By Valerie Vande Panne, a writing fellow and chief correspondent at Local Peace Economy, a project of the Independent Media Institute. She is an independent journalist whose work has appeared in Columbia Journalism Review, In These Times, Politico, and many other publications. Produced by Local Peace Economy, a project of the Independent Media Institute. In […]

Read More

Plastic and Climate Change: The Hidden Costs of a Plastic Planet

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. The Center for International Environmental Law (CIEL) released a report last week, Plastic & Climate: The Hidden Costs of a Plastic Planet discussing the significant and growing threat plastic pollution poses to […]

Read More

After Standing Rock, Protesting Pipelines Can Get You a Decade in Prison and $100K in Fines

Jerri-Lynn here. I’m posting this piece as it’s the most comprehensive recent post on the topic I’ve seen. Five states that have enacted laws criminalizing pipeline protests, and seven others are considering similar measures. Common Dreams also published a piece on Friday on the situation in Texas, where the state is mulling legislation,  Texas State […]

Read More

How to Pay for the War

Yves here. While war metaphors have gotten a deserved bad rap, in the US,, they are nevertheless something pols are always willing to fund. And as for the Green New Deal, I wish MMT advocates would take to tying their economic proposals more tightly to Green New Deal initiatives. For instance, I’ve seen, but nowhere […]

Read More

Gregory Travis and Marshall Auerback: Anatomy of a Disaster – Why Boeing Should Never Make Another Airplane, Again

Yves here. Even thought this critique of Boeing might seem a bit….bloodthirsty…Boeing does have blood on its hands and has been astonishingly unrepentant about it. Given the fact that Boeing is part of a duopoly of makers of large planes, and there is no plausible way that Airbus could take up the new orders slack, […]

Read More

How Kentucky Tried to Make the Country’s Worst-Funded Public Pension Plan Even Worse

Yves here. Earlier this week, reader chuck roast asked about how to break the public pension fund addiction to alternative investments, which given how much money has been pouring into these high-fee, high risk strategies, are just about certain to underperform. We’ve pointed out for years how private equity has failed for the prior ten […]

Read More

“There Is No Alternative” to Managing the Economy and the Climate

Yves here. I very much like this post on the need to embrace industrial policy in order to tackle climate change and hope you do too. My only very minor quibble is that the author initially embraces, and then later undercuts, the idea that the US does not do industrial policy. We do have one, […]

Read More

“It’s Not Just Barclays – Tackling Climate Change Means Building a New Bank System”

Yves here. I’m running this post because while the author has some good impulses about addressing climate change, many of particular ideas on the whole seem unproductive. One big misconception is that bank lending is an “investment”. Even though a bank loan can be retained on its balance sheet as asset, loans are often sold, […]

Read More

CalPERS Admits It Is Nowhere on Its New Private Scheme After More Than Two Years

CalPERS’ private equity initiative is looking a lot like Brexit. Just like Brexit, CalPERS launched its private equity scheme for political reasons, namely, to reduce transparency since the public agency is too thin-skinned to take well-warranted criticism, yet too lazy to up its game (CalPERS failure to offer a coherent justification makes it hard to […]

Read More

Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England

Yves here. Steve Keen gave a presentation in 2016 which identified economies that were at risk of a serious recession, including China, South Korea, and Finland, if their level of debt to GDP merely stabilized. This talk is fast-paced and very much worth watching. [embedded content] As you’ll see, Don Quijones highlights how corporate debt […]

Read More

Farming First: A Recipe to Feed a Crowded World

Yves here. Wise may address the question of soil quality in his longer form work on small-scale farming. He acknowledges it as important…but does it map onto labor distribution? And more generally, I am concerned that optimism about theoretical approaches to feeding the planet that are some way away from being implemented will feed complacency […]

Read More

The U.N. Says 1 Million Species Could Disappear. Pacific islands Have a Solution

By Carlotta Leon Guerrero, a native of Guam and the executive director of the Guam-based Ayuda Foundation who served in the Guam Legislature from 1994 to 2000. Since 2018 she has been a Pew Bertarelli Ocean Ambassador. Originally published at Grist Last week, a global scientific assessment found the business-as-usual approach to conservation is not […]

Read More

Will the U.S. Start a War Against Iran?

By Vijay Prashad, an Indian historian, editor and journalist. He is a writing fellow and chief correspondent at Globetrotter, a project of the Independent Media Institute. He is the chief editor of  LeftWord Books and the director of Tricontinental: Institute for Social Research. He has written more than twenty books, including The Darker Nations: A […]

Read More

Boys Go to Baghdad. Men Go to Tehran.

By Thomas Neuburger Originally published at DownWithTyranny! The red arrow shows the Strait of Hormuz, one of the most important shipping lanes (and bottlenecks) in the world. It’s also within Iran’sUN-defined “territorial water” if it wishes to make that claim. “‘Anyone can go to Baghdad; real men go to Tehran’, an administration official was heard […]

Read More