Posts Tagged ‘Great Thunberg’

It Should Be An Economy, Instead It Is An Ecocaust

January 28, 2020

Not to say an Ecocide, and US Politicians have made it so:

Eco-nomy means house management, it’s not eco-caust, burning the house. So how come it’s happening nevertheless? Because brains are washed with petroleum media.

The world is dominated by a monopoly, the financial plutocracy, which is entangled with another, the fossil fuel plutocracy.

For example fracking was financed by Wall Street. Both are even entangled with Literal Islam (Wahhabism, etc.)… thanks to a conspiracy by FDR on the Great Bitter Lake in 1945 with the Abdulaziz, founder of Saudi Arabia.

Is it greed, or outright thievery by, and addiction from, fossil fuel pushers? Because finance and oil control media: how else to explain nuclear killed nobody at Fukushima, while fossil fuels kill ten million a year, and still everybody is indignant about the former?

Obama The Great Fossil Fueled! As one can see Obama/Democrats made the fossil fuel orgasm of the USA possible as never before (with preliminary work from Bush Senior to Bush W) to make US fracking profitable to Wall Street

Or how to explain Obama killed hydrogen… which was massively used in Europe already in the 1950s (“urban gas/gas de ville)? Hydrogen, and its derivatives (ammonia, etc.) would enable the storage of renewables, and could be used all over in transportation. Instead Japan, Germany, are closing nuclear, and switching to coal. Germany fear periods, which can last two weeks, with no wind and no sun.

The correct solution should be “green hydrogen” (hydrogen from renewables). Expanding these new technologies will cause a formidable economic expansion. Fossil fuel economy and finance are fundamentally fascist economic activities: they require only oligarchs, a few workers. Renewable economy is the exact opposite

Patrice Ayme

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And yes, it will all burn, this is how climate will change!

A simplified version of the above comment was finally published by the NYT, after much tergiversations, apparently, as a comment to Paul Krugman… Except the New York Times sat nearly 48 hours on my comment before publishing it, long after the other comments. That tells me they read it very carefully, while making sure nobody else would read it (hide your sources, if you want to pass for a genius, as Einstein would say). Now the Paul Krugman editorial was pretty good, and he said things I have said for years… So I reproduce big chunks of it below, as after all, this is mostly what I have long said (and which was many times carefully read at NYT, before being censored…). As usual, Trump is accused (more or less implicitly, of Obama’s policies (look carefully at the graph above!), or policies of the US Deep State, in place for a century). Here is Paul Krugman:

Greta Versus the Greedy Grifters
Why a 17-year-old is a better economist than Steve Mnuchin.

I’ve never been a fan of Davos, that annual gathering of the rich and fatuous. One virtue of the pageant of preening and self-importance, however, is that it brings out the worst in some people, leading them to say things that reveal their vileness for all to see.

And so it was for Steven Mnuchin, Donald Trump’s Treasury secretary. First, Mnuchin doubled down on his claim that the 2017 tax cut will pay for itself — just days after his own department confirmed that the budget deficit in 2019 was more than $1 trillion, 75 percent higher than it was in 2016.

Then he sneered at Greta Thunberg, the young climate activist, suggesting that she go study economics before calling for an end to investment in fossil fuels…

… burning fossil fuels is a huge source of environmental damage, not just from climate change but also from local air pollution, which is a major health hazard we don’t do nearly enough to limit.

The International Monetary Fund makes regular estimates of worldwide subsidies to fossil fuels — subsidies that partly take the form of tax breaks and outright cash grants, but mainly involve not holding the industry accountable for the indirect costs it imposes. In 2017 it put these subsidies at $5.2 trillion; yes, that’s trillion with a “T.” For the U.S., the subsidies amounted to $649 billion, which is about $3 million for every worker employed in the extraction of coal, oil and gas.

Without these subsidies, it’s hard to imagine that anyone would still be investing in fossil fuels….

But maybe Mnuchin thinks that the I.M.F. should also take some courses in economics — along with the thousands of economists, including every living former Federal Reserve chair, dozens of Nobel laureates, and chief economists from both Democratic and Republican administrations, who signed an open letter calling for taxes on emissions of greenhouse gases.

In short, Greta Thunberg may be only 17, but her views are much closer to the consensus of the economics profession than those of the guy clinging to the zombie idea that tax cuts pay for themselves.

But could the economics consensus be wrong? Yes, but probably because it isn’t hard enough on fossil fuels.

On one side, a number of experts argue that standard models underestimate the risks of climate change, both because they don’t account for its disruptive effects and because they don’t put enough weight on the possibility of total catastrophe.

On the other side, estimates of the cost of reducing emissions tend to understate the role of innovation. Even modest incentives for expanded use of renewable energy led to a spectacular fall in prices over the past decade.

I still often find people — both right-wingers and climate activists — asserting that sharply reducing emissions would require a big decline in G.D.P. Everything we know, however, says that this is wrong, that we can decarbonize while continuing to achieve robust growth….

The bigger issue, however, is sheer greed.

Given the scale of subsidies we give to fossil fuels, the industry as a whole should be regarded as a gigantic grift. It makes money by ripping off everyone else, to some extent through direct taxpayer subsidies, to a greater extent by shunting the true costs of its operations off onto innocent bystanders.

And let’s be clear: Many of those “costs” take the form of sickness and death, because that’s what local air pollution causes. Other costs take the form of “natural” disasters like the burning of Australia, which increasingly bear the signature of climate change.

In a sane world we’d be trying to shut this grift down. But the grifters — which overwhelmingly means corporations and investors, since little of that $3-million-per-worker subsidy trickles down to the workers themselves — have bought themselves a lot of political influence.

And so people like Mnuchin claim not to see anything wrong with industries whose profits depend almost entirely on hurting people. Maybe he should take a course in economics — and another one in ethics.


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SoundEagle 🦅ೋღஜஇ

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Artificial Turf At French Bilingual School Berkeley

Artificial Turf At French Bilingual School Berkeley

Patterns of Meaning

Exploring the patterns of meaning that shape our world

Sean Carroll

in truth, only atoms and the void

West Hunter

Omnes vulnerant, ultima necat

GrrrGraphics on WordPress

www.grrrgraphics.com

Skulls in the Stars

The intersection of physics, optics, history and pulp fiction

Footnotes to Plato

because all (Western) philosophy consists of a series of footnotes to Plato

Patrice Ayme's Thoughts

Striving For Ever Better Thinking. Humanism Is Intelligence Unleashed. From Intelligence All Ways, Instincts & Values Flow, Even Happiness. History and Science Teach Us Not Just Humility, But Power, Smarts, And The Ways We Should Embrace. Naturam Primum Cognoscere Rerum

Learning from Dogs

Dogs are animals of integrity. We have much to learn from them.

ianmillerblog

Smile! You’re at the best WordPress.com site ever

Defense Issues

Military and general security

RobertLovesPi.net

Polyhedra, tessellations, and more.

How to Be a Stoic

an evolving guide to practical Stoicism for the 21st century

Donna Swarthout

Writer, Editor, Berliner

coelsblog

Defending Scientism

SoundEagle 🦅ೋღஜஇ

Where The Eagles Fly . . . . Art Science Poetry Music & Ideas

Artificial Turf At French Bilingual School Berkeley

Artificial Turf At French Bilingual School Berkeley

Patterns of Meaning

Exploring the patterns of meaning that shape our world

Sean Carroll

in truth, only atoms and the void

West Hunter

Omnes vulnerant, ultima necat

GrrrGraphics on WordPress

www.grrrgraphics.com

Skulls in the Stars

The intersection of physics, optics, history and pulp fiction

Footnotes to Plato

because all (Western) philosophy consists of a series of footnotes to Plato

Patrice Ayme's Thoughts

Striving For Ever Better Thinking. Humanism Is Intelligence Unleashed. From Intelligence All Ways, Instincts & Values Flow, Even Happiness. History and Science Teach Us Not Just Humility, But Power, Smarts, And The Ways We Should Embrace. Naturam Primum Cognoscere Rerum

Learning from Dogs

Dogs are animals of integrity. We have much to learn from them.

ianmillerblog

Smile! You’re at the best WordPress.com site ever

Defense Issues

Military and general security

RobertLovesPi.net

Polyhedra, tessellations, and more.

How to Be a Stoic

an evolving guide to practical Stoicism for the 21st century

Donna Swarthout

Writer, Editor, Berliner

coelsblog

Defending Scientism