Many of the ills of the modern world — starvation, poverty, flooding, heat waves, droughts, war and disease — are likely to worsen as the world warms from man-made climate change, a leaked draft of an international scientific report forecasts.
There is a fundamental relationship between ever-increasing energy supplies > economic growth > and credit-based money (or “money,” if you will). When the energy inputs flatten out or decrease, growth stops, wealth is no longer generated, old loans can’t be repaid, and new loans can’t be generated honestly, i.e. with the expectation of repayment. That has been our predicament since 2008 and nothing has changed.
Despite risks climate change poses for humans and natural systems, it continues to evoke little to moderate concern from the American public generally, and concerned scientists and policy makers worry that public awareness lags sharply behind what they say is scientific understanding. While climate scientists overwhelmingly agree that Earth’s climate is warming primarily as a result of fossil fuel combustion, many Americans and policy makers appear unconvinced and unconcerned.
Some of the following choices for noteworthy climate stories — admittedly a selective and partial sampling — may seem unfamiliar, and some of those named here may not make big news for years to come. But no matter what, new and old media in 2013 produced a range of climate change news coverage with some important numbers.
Business: 700, The Number of Major Companies that Signed the Climate Declaration
More than 700 companies (including corporate giants such as General Motors, Intel, Owens Corning, and Nike) signed onto Ceres’ Climate Declaration, which calls for strong U.S. action on climate change.
Let’s cut to the chase. You heard it here: not only will the Fed eventually (i.e. soon) fail to taper in any meaningful sense; before this is over they will ramp up the purchases of worthless securities beyond $100 billion a month through every back door and trap door in the infamous Eccles Building, including perhaps Janet Yellen’s dainty fundament. The inflation — whatever that is — will be sitting out there waiting behind the Hoover Dam of the Fed’s balance sheet. I wouldn’t want to be in Las Vegas when the first cracks appear on it. Merry Christmas everyone.
Now you understand the history of the so-called “housing bubble” and the crash of 2008. The US never recovered from it, and all the rescue attempts in the form of bail-outs, quantitative easing, zero interest rates, have turned into rackets aimed at papering-over this national failure to thrive. It is all ultimately linked to the larger story of industrialism and its relationship with the unique, finite, fossil fuel resources that the human race got cheaply for a few hundred years. That story is now winding down and we refuse to pay attention to the reality of it.
The combined average temperature over global land and ocean surfaces for November 2013 was record highest for the 134-year period of record, at 0.78°C (1.40°F) above the 20th century average of 12.9°C (55.2°F).