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Daily Digest 12/3 - The Gift Of A Sustainable Economy, Carbon Tax Is Win-Win-Win

Monday, December 3, 2012, 11:46 AM

Economy

The Gift of a Sustainable Economy (westcoastjan)

Winsted, Connecticut, where I grew up, once had about a hundred factories and fabricators -- manufacturing such things as appliances, clocks, electrical equipment, clothing and more. They were the town's lifeblood -- the gears that spurred the local economy and provided jobs and goods for the town's 10,000 residents. Almost all the factories are gone now. Someone looking for a well-paying job likely has to commute an hour to Hartford, the nearest major city.

Walmart's New Health Care Policy Shifts Burden To Medicaid, Obamacare (westcoastjan)

Walmart declined to disclose how many of its roughly 1.4 million U.S. workers are vulnerable to losing medical insurance under its new policy. In an emailed statement, company spokesman David Tovar said Walmart had “made a business decision” not to respond to questions from The Huffington Post and accused the publication of unfair coverage.

Behind a Call That Kept Nursing Home Patients in Storm’s Path (jdargis)

While no immediate deaths were reported, it took at least three days for the Fire Department, the National Guard and ambulance crews from around the country to rescue over 4,000 nursing home and 1,500 adult home residents. Without working elevators, many had to be carried down slippery stairwells.

Energy

Paying For It (jdargis)

Not long ago, the Congressional Research Service reported that, over the next decade, a relatively modest carbon tax could cut the projected federal deficit in half. Such a tax would be imposed not just on gasoline but on all fossil fuels—from the coal used to generate electricity to the diesel used to run tractors—so it would affect the price of nearly everything, including food and manufactured goods. To counter its regressive effects, the tax could be used as a substitute for other, even more regressive taxes, or, alternatively, some of the proceeds could be returned to low-income families as rebates (although, of course, this would cut down on the amount that could go toward deficit reduction).

New Technology Slashes the Emissions from Diesel Engines by 45% (James S.)

Currently platinum, the very precious metal, is used in catalytic convertors on diesel cars, in order to reduce the levels of harmful emissions. Researchers at Nanostellar say they have found a successful, man-made replacement for platinum which not only is much cheaper and easier to produce, but can also reduce the polluting emissions by as much as 45% more than platinum.

Kern County farmers take on oil industry, California (Livio S.)

In Kern, farmers pushed back after the state granted 16 exemptions in California's richest oil county. Four farmers wrote a letter to the state accusing officials of skirting the law by granting environmental waivers. The letter, sent in August by Irvine lawyer Gregory Sanders, asked regulators to explain "an institutional pattern and practice … in which the requirements of CEQA are disregarded" when considering oil permits.

State's sprint to wind, solar power could trigger crisis, panel warns (Livio S.)

The commission says that while the goals are laudable, the lack of an overarching plan for meeting them in the most efficient and integrated way possible exposes ratepayers and state government to considerable risk. In the frenzy to make its deadline for renewables, the report notes, consumers may have been locked into decades-long contracts with energy producers “at unnecessarily high prices.”

“This sets the stage for a potential ratepayer revolt,” the report said.

Article suggestions for the Daily Digest can be sent to dd@peakprosperity.com. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

13 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Online)
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Tall's picture
Tall
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Fiddling while the earth burns - 5C degree rise inevitable?

Study: Despite weak economy, CO2 emissions to grow 2.6 percent in 2012
http://ajw.asahi.com/article/economy/environment/AJ201212030014

The first devastating effects of global warming cannot be prevented
http://www.nationaljournal.com/magazine/it-s-already-too-late-to-stop-cl...

A Fight to combat ocean acidification
http://www.nytimes.com/2012/12/03/opinion/marine-life-on-a-warming-plane...

Syrin's picture
Syrin
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Have you lost your mind Mr. Martenson

[Moderator's note: This poster seems to be confusing the news article with Chris' own thinking, which Chris has been quite clear on.  The purpose of the DD is to provide a sampling of current news articles on subjects impacting the 3E's, not to adhere to any particular viewpoint.  In any event, this post is a clear violation of our forum guidelines.]

Seriously, you keep pushing stuff for global warming when none exists.   A study just LAST week shows us no warming for the last 16 years!   The trend over the past 5 years is a DECLINE in temps despite massive solar activity.   Arctic ice is at record thickness.   2007 NASA models showed us the coolest year in 100 years!   Why are you pushing for a CARBON TAX !??!?!!?

Let's ignore the fact that the climate frauders have:   changed data points, cherry picked data poinmts, refused to publish articles contrary to their religion, put their temperature gauges on asphalt roofs under AC outlet vents, sent e-mails to each other asking how they will "hide the decline".   let's ignore ALL this cientific fraud that is of a level never before seen in the history of the world.    Let's ignore that water vapor contributes 95% of the atmospheric temperature with CO2 contribution being minimal.   Let's ignore ALL these facts.

Tell us this.   How does a carbon tax reduce global temps?   IT DOESN'T  !!!   The biggest offenders of CO2 production aren't even the US !!    Spain is BANKRUPT adopting this green garbage.

What is the temperature of the earth SUPPOSED TO BE ?!?!?    How do we even know when we've reached our "target" temperature since we know it has been MUCH warmer in the past, and MUCH cooler in the past.   Show me a single piece of technology that increase or decrease the temperature of the earth ONE degree!

This is scientific dishonesty, intellectual immatiruty, immoral behavior.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Online)
Joined: Jul 30 2009
Posts: 2472
$16,369,548,799,604.93

The Daily History of the Debt Results

Historical returns from 11/24/2012 through 11/30/2012

The data for the total public debt outstanding is published each business day. If there is no debt value for the date(s) you requested, the value for the preceding business day will be displayed.

( Debt Held by the Public vs. Intragovernmental Holdings )

 

Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
11/23/2012 11,474,590,079,642.49 4,832,898,863,921.74 16,307,488,943,564.23
11/26/2012 11,474,648,831,627.28 4,835,089,224,735.16 16,309,738,056,362.44
11/27/2012 11,476,501,231,339.55 4,841,180,535,101.89 16,317,681,766,441.44
11/28/2012 11,476,984,527,323.06 4,829,728,611,145.81 16,306,713,138,468.87
11/29/2012 11,493,262,670,990.22 4,829,820,778,614.76 16,323,083,449,604.98
11/30/2012 11,553,200,614,797.95 4,816,348,184,806.98 16,369,548,799,604.93

====================================================================================================================================================

SingleSpeak's picture
SingleSpeak
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Posts: 417
Can You be More Specific?
Have you lost your mind Mr. Martenson

Seriously, you keep pushing stuff for global warming when none exists.

Syrin,

Can you site anywhere that Mr. Martenson has "pushed stuff for global warming"? To the contrary, he has made it pretty clear that this issue can be freely discussed on the site, but that he's remaining out of it. Like politics and religion, some topics generate more heat than light.

If you are referring to articles posted in the "Daily Digest", those are not written or necessarily endorsed by Peak Prosperity, although they usually pertain to issues discussed on the site.

I'm not a spokesman for the site, so Adam or Chris can correct me if I'm wrong.

If you do wish to discuss this topic, I'd suggest going here.
http://www.peakprosperity.com/forum/definitive-global-climate-change-aka...

SS

Tall's picture
Tall
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rjs's picture
rjs
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Posts: 369
by way of answering Syrin on global warming

on the Tuesday before Thanksgiving, the World Meteorological Organization (WMO).released their annual report on 2011 greenhouse gases; the amount of carbon dioxide in the atmosphere reached a record 390.9 parts per million (ppm) in 2011; which is about 40% higher than pre-industrial atmospheric levels of CO2.. atmospheric methane also hit a new high of about 1813 parts per billion (ppb) in 2011, which is 259% of the pre-industrial level, although much of the increase in methane came from agriculture, 40% comes from natural sources and an acceleration since 2007 was noted...nitrous oxide from a wide range of natural and anthropogenic sources, including oceans, soil, burning, and fertilizer was about 324.2 parts per billion in 2011, which was 1.0 ppb above 2010 and 120% of the pre-industrial level; nitrous oxide is 298 times more heat trapping than equal emissions of carbon dioxide over a 100 year period and also contributes to the destruction of the ozone layer, which screens harmful ultraviolet rays from the sun...combined, these and other minor greenhouse gases caused a 30% increase in radiative forcing (the climate warming effect) between 1990 and 2011...these greenhouse gas stats from the WMO served to reinforce a new report released on Sunday by the World Bank called Turn Down The Heat (pdf) which predicted that average world temperatures rise more than 4°C  (7.2 °F) by the end of the century even if governments stood by their current emissions targets, and that would trigger a “doomsday scenario,” of heatwaves, collapsing ecosystems, rising sea levels and crop failures; most of the warming is expected to occur over land with a range of increases up to 10°C (18°F); increases of 6°C (10.8°F) or more in average summer temperatures are expected in the Mediterranean, North Africa, Middle East and the central United States, while the warmest July temperatures between 2080-2100 in the Mediterranean are expected to approach 35°C – about 9°C (16.2F) warmer than the warmest present day Julys....the report went into some detail about the consequences for various regions of the globe, especially in light of an expected 1 meter in sea levels, and warned “The world must tackle the problem of climate change more aggressively,”...much of the boilerplate was pretty much standard fare for such a report, not much different than the warnings issued by the IEA (International Energy Agency), which forecast an 11°F global temperature rise, the similar report from the IPCC (Intergovernmental Panel on Climate Change) last year, or even the report earlier this month from PricewaterhouseCoopers, the largest of the big four accounting firms, which warned businesses to prepare for catastrophic impacts from climate change...what makes the World Bank report and warnings especially noteworthy is that the World Bank has been widely condemned by environmental groups for investing heavily in new coal fired generation facilities around the world (over $4 billion since 2008) which means they alone will be responsible for more than a billion tons of CO2 emissions over the next four to five decades..in fact, despite all these calls for action on climate climate change and CO2 emissions from all quarters, there are still 1,200 new coal-fired power plants being built or planned around the globe; in fact, coal's global share of primary energy consumption has already increased to 30% and future increased percentages are already assured...

links to reports from several internation organizations are included above; i suggest you argue with them, or the 13,950 peer reviewed papers supporting global warming...

Denny Johnson's picture
Denny Johnson
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Posts: 322
Not much credibility

SingleSpeak wrote:

Syrin,

Can you site anywhere that Mr. Martenson has "pushed stuff for global warming"? To the contrary, he has made it pretty clear that this issue can be freely discussed on the site, but that he's remaining out of it. Like politics and religion, some topics generate more heat than light.

Ja, he seems to jump to conclusions very quickly w/o an understanding of how things are.

Not much credibility.

rjs's picture
rjs
Status: Gold Member (Offline)
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Posts: 369
comment in moderation?

it was posted just after singlespeak, in answer to Syrin...

possible i tripped a filter for too many links, but they were all on topic..

Doug's picture
Doug
Status: Diamond Member (Offline)
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Posts: 2718
screed

My guess is Mr./Ms. Syrin joined today just to post his/her fact challenged screed and we won't hear from him/her again.

Doug

Organic Raw Veggies's picture
Organic Raw Veggies
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Posts: 49
Moles scurry about recklessly

Hey Syrin, Everyone on this sites knows global warming is real. Corporations pollute the air, water, land and food and don't pay a dime to mitigate it. You pay Syrin. You already pay. You pay for cancer treatments of poor people on welfare, lung cancers and many other things, accidents, fluoridated sleepy people that can't answer your questions.

You pay for polluted food and $1 hamburgers from subsidized GMO corn production. You pay for caffeinated freaks sitting, playing video games about bombing innocents half the world away. Obamacare, Global warming, Romney....

The world doesn't reflect the true cost of anything. Let's put the true cost of consumerism cleanup where it belongs, with the polluters. Love Canal, Catalina Island, Bhopal, Fukishima, Monsanto.

How many lung cancers do I subsidize because the US has 1000 yrs of oil left in it's reserves? Who cares how much oil is left in the world, we will still pay for sick people who breath its pollution. Corporations lie to you. Simple solution...corporations pay the entire budget for the US and people pay nothing. All tax paid by the corps who earn more than 500 million in revenue per year and investment income, all at the same rates.

I wonder if Arthur tows a barge behind his boat to grow food. Floating gardens. Million dollar idea.

rhare's picture
rhare
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Posts: 1264
Speak for yourself!

Organic vegan raw wrote:

Hey Syrin, Everyone on this sites knows global warming is real

Errr, no - we don't all agree that it's real, or at least that it's AGW. 

As for the rest of your rant. Yes, everyone has made choices. You could choose to live without all the things we have in the modern world - and yes you would be dead by age 40 never having to worry about things like cancer because your body would be worn out from hard labor necessary to support yourself and you would never get old enough for many of those evils you list to catch up to you.

As far as all those evil companies that pollute and destroy the world, you certainly seem to be on this forum working on a computer that is made using all kinds of harsh chemicals and using power generated from a power plant, over communication networks which require the same.

Life is full of trade offs.  If you don't like the products a company sells or you think they behave badly then don't buy their product.

Organic vegan raw wrote:

Corporations pollute the air, water, land and food and don't pay a dime to mitigate it.

There is no mythical "corporations" that do all this evil.  It's us, we want the stuff that is produced at the price level it's produced. We want jobs from making/providing stuff people want  We want retirement plans and savings that grow based on investments in those corporations. The first step to an understanding of why things are done is to accept that all of us are part of the problem and understand that life is full of trade offs.  Just because you don't like the other half of the trade-off doesn't make it someone else's responsibility.

Organic vegan raw wrote:

corporations pay the entire budget for the US and people pay nothing.

And there is the unrealistic expectation.  Wanting something for nothing.  Where exactly do you think the corporations get their money?  Oh that's right, from you paying for their products.  What do you think happens when their costs go up.  They get passed on to you in the form of higher prices.

So let's play this game.   Corporations pay all the taxes and people none.  So now the true cost of all those "free" things you want is completely hidden. Your costs go up, government get's larger and you have little or no say.  No one has to take responsibility because you can always point to the scapegoat (corporations), at least until there are none.  Then you have no job, no money, an overbearing government, and no freedom.  Oh wait - exactly where we are today!

Dogs_In_A_Pile's picture
Dogs_In_A_Pile
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Posts: 2484
Syrin wrote: Show me a single

Syrin wrote:

Show me a single piece of technology that increase or decrease the temperature of the earth ONE degree! 

This has always been a go to........

I suppose this is more than a single piece........

This has probably had some impact too....

The direction of temperature change is up to you to determine........

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