Brown’s budget does not take into account a repeal of the Affordable Care Act, which would be unlikely to happen during the fiscal year at hand. But the governor made clear such a rollback could have a significant impact on California, where federal subsidies to Medi-Cal now top $16 billion.
“That’s very bold,” said Brown of efforts by Republicans and President-elect Donald Trump, “and, I think, a move that isn’t very consistent with decency or even being a very smart political leader.”
This historically unprecedented aeromobility has enormous environmental costs.
The only solution to these intractable environmental impacts is the dramatic reduction, or complete elimination, of air travel. It might be hard to imagine life without the plane, but the idea is not as crazy as it sounds. … If we abandoned all tourist flights, the economy would be A$14.4 billion better off.
“You know that in the entire country: You raise the minimum wage, you will have less employees,” said Ilse Metchek, president of the California Fashion Association.
Among economists, the question is contested.
How Albert Woodfox Survived Solitary (jdargis)
Woodfox, who is sixty-nine, strolled along Malcolm X Boulevard with three former Panthers: his best friend, Robert King, one of the Angola 3, as well as Atno Smith and B. J. Johnson, members of local chapters of the Party. He had never met Smith or Johnson before, and the conversation was halting and restrained; they spoke of gentrification, Jackie Wilson, and the type of diabetes they had. Woodfox is reserved, humble, and temperamentally averse to drama. When he talked about himself, his tone became flat. He was scheduled to speak at a panel on solitary confinement the next day, and he felt exhausted by the prospect. “I get apprehensive when somebody asks me something I can’t answer, like ‘What does it feel like to be free?’ ” he said. “How do you want me to know how it feels to be free?” He’d developed a stock answer to the question: “Ask me in twenty years.”
While one month’s worth of statistics does not make a trend, the data suggests that the worst is over. The market is passed the low point and even as companies continue to repair balance sheets, oil trading above $50 per barrel is sparking a rebound in drilling activity and hiring. The rig count is already up by more than 200 oil rigs since the middle of last year, posting six consecutive months of gains. U.S. shale output is also rising, up about 300,000 bpd from a last summer, according to preliminary data.
The Rise Of Black Gold (Tiffany D.)
Shale companies need all the cash they can get. Because in the fracking game, old wells are quickly depleted. They have to be replaced with new ones. That takes a continuous flow of cheap money.
It was easy enough to do when oil was above $100 and the long-term cost of fracking a well was around $50 to $60 per barrel. Today, that’s just enough to keep the lights on and service the ball-and-chain load of debt that came with the bargain.
Japan Copes With The disappearing Eel (jdargis)
For other types of seafood, farm-raised stocks remain relatively stable when wild catches decline. But unagi, which hatch at sea but mature in freshwater, cannot be effectively bred in captivity, so farm-raised stocks rely on young eels, known as glass eels, which are harvested at sea, then raised to maturity at eel farms in China, Korea, and Japan.
But the idea has gotten some serious attention: in October, Dick Smith, one of Australia’s richest philanthropists and a prominent environmentalist, publicly came out in support of the idea. “This is lateral thinking at its best,” he told Australia National University. “I support the initiative.” Then Australia’s Threatened Species Commissioner told the Sydney Morning Herald in October that “building partnerships with private sector institutions is essential to winning the fight against extinction.”
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