Bitcoin is unsustainable Bitcoin's power usage per transaction isn't remotely sustainable as a wholesale replacement for the conventional financial system. [more inside]
"The world's most important story" – A decade of environmental journalism in China, by Guardian environment reporter Jonathan Watts.
The Light Bulb Conspiracy is a documentary about disposable printers, light bulbs and everything else, investigating the implications of the business model and industrial design philosophy of Planned Obsolescence that drives and shapes our economy.
Economic analyst Chris Martenson explains why he thinks that the coming 20 years are going to look completely unlike the last 20 years.
Governments around the globe are opening up their data vaults allowing us to check out the numbers for ourselves. This is the Guardian’s gateway to that information. Search for government data here from the UK, USA, Australia and New Zealand — and look out for new countries and places as they are added. Read more about this on the Datablog. [more inside]
In 2010, Obama will have a miserable year, NATO may lose in Afghanistan, the UK gets a regime change, China needs to chill, India's factories will overtake its farms, Europe risks becoming an irrelevant museum, the stimulus will need an exit strategy, the G20 will see a challenge from the "G2", African football will unite Korea, conflict over natural resources will grow, Sarkozy will be unloved and unrivalled, the kids will come together to solve the world's problems (because their elders are unable), technology will grow ever more ubiquitous, we'll all charge our phones via USB, MBAs will be uncool, the Space Shuttle will be put to rest, and Somalia will be the worst country in the world. And so the Tens begin.
The Economist: The World in 2010. [more inside]
The Economist: The World in 2010. [more inside]
How green was my valley: California's economic meltdown The fields of wheat, cotton and cantaloupe that sustained his family for three generations are gone. The land is a mess of fallow fields, cracked earth and swirling dust. (PDF - By some estimates, 12.8% of the United States' agricultural production (as measured by dollar value) comes from California, and the majority of that is in the Central Valley). However, his particular scene of devastation, Mr. Allen argues, has nothing to do with the credit crisis, the housing crash or the downturn that has California in a vice grip. It has to do with a seven-centimetre-long, semi-translucent, steel blue fish known as the Delta smelt. [more inside]
NRW 1946—2006. Short articles chronicling North Rhine-Westphalia. The site has one rather large shortcoming though, the video clips cannot be accessed (only available on VHS within the State!).
"The model of economic development that we are currently pursuing is unsustainable. Our energy consumption per unit of GDP is seven times that of Japan, six times that of America, and even 2.8 times that of India. China’s labour productivity is less than 10 per cent of the world total, and yet our emissions are over 10 times higher than the global average." ~ Pan Yue - deputy director of China's State Environmental Protection Administration (SEPA). Part of a new generation of outspoken Chinese senior officials, Pan has given rise to a tide of environmental debate, attracting enormous attention and controversy. Read his articles here : - China: economic powerhouse, environmentally unsustainable - part one and part two
Today the Saudi Oil Minister announced that they are setting aside OPEC production quotas. Is the end for OPEC? More importantly, when the Texas Railroad Commission did the same thing in 1971, it signaled the peaking of US oil production. Oil prices keep rising, and the Main Stream Media blames it on tight refinery capacity. But simple economics tells us that this should actually cause crude prices to drop. So what is happening? Is this the peak of global oil production? President Bush is concerned, and he is hosting Crown Prince Abdullah at the Crawford Ranch this week. Leading Oil & Gas investment banker Matt Simmons thinks that the peak is upon us, and even the Saudi Oil Minister admits that they probably won’t find any more light, sweet crude…
Reality check from Swiss Re and UNEP "The increasing frequency of severe climatic events...has the potential to stress insurers, reinsurers and banks to the point of impaired viability or even insolvency." "Climate Change and the Financial Services Industry", a UNEP report supported by 295 banks and insurance and investment companies around the world. The report concludes that, worldwide, loses from Climate related disasters are doubling every decade . NOAA generally concurs. Dr. Bob Gagosian, Director of Woods Hole, has even worse news. Should we take the scientific mainstream seriously? Or is it all "Junk Science"according to the industry funded Steve Milloy or the CEI, or even a New Age Pagan Conspiracy? Play on little humans......play on.....