• Daily Digest

    Daily Digest 12/2: Biden’s Fossil Fuel Tax Breaks; 1st U.S. Omicron Case; State Predicts No Water for Cities

    by Stewart

    Thursday, December 2, 2021, 8:34 AM

Economy

Stocks Finish 460 Points Lower Due to Omicron

The major averages fell sharply, giving up solid gains, on Wednesday after the CDC confirmed the first case of omicron in the U.S.

26 cheap stocks to buy now that Omicron has hammered markets
It could be time to do some shopping in the stock market this holiday season, opines this veteran strategist.

Energy

Fossil Fuel Companies Enjoy Tax Breaks in Build Back Better Bill

The legislation would increase tax breaks for carbon capture and carbon removal by 70 percent, potentially yielding payouts large enough to wipe out some companies’ income tax bills.

9 Months After Texas Freeze, Grid Still Vulnerable

Some say the state still hasn’t fixed the critical problem that paralyzed the state: maintaining a sufficient supply of natural gas.

Environment

Rainfall in the Arctic to be More Common Than Snow

More rain than snow will fall in the Arctic and this transition will occur decades earlier than previously predicted, a new study led by the University of Manitoba reports.

State Predicts No Water Deliveries to Cities in 2022

California water officials acknowledged Wednesday that another painful year of drought is likely, and warned the many communities receiving water from the State Water Project may get no water at all next year, except in cases of emergency.

Health

1st Omicron Case Detected in US

The first known case of the omicron variant has been detected in the U.S. just days after its rapid spread in South Africa prompted worldwide concern, U.S. officials said Wednesday.

Merck’s Covid Pill Approved by FDA

The Food and Drug Administration voted Tuesday to recommend authorization of a new COVID pill that patients can take at home.

Related content
» More

8 Comments

  • Thu, Dec 02, 2021 - 12:27pm

    #1
    Nate

    Nate

    Status: Gold Member

    Joined: May 05 2009

    Posts: 610

    2

    interesting list

    Saxo Bank has today released its 10 Outrageous Predictions for 2022.

    1. The plan to end fossil fuels gets a rain check
    2. Facebook faceplants on youth exodus
    3. The US mid-term election brings constitutional crisis
    4. US inflation reaches above 15% on wage-price spiral
    5. EU Superfund for climate, energy and defence announced, to be funded by private pensions
    6. Women’s Reddit Army takes on the corporate patriarchy
    7. India joins the Gulf Cooperation Council as a non-voting member
    8. Spotify disrupted due to NFT-based digital rights platform
    9. New hypersonic tech drives space race and new cold war
    10. Medical breakthrough extends average life expectancy 25 years

     

     

    Login or Register to post comments

  • Thu, Dec 02, 2021 - 12:54pm

    #2

    thc0655

    Status: Platinum Member

    Joined: Apr 27 2010

    Posts: 2889

    5

    Supply chain issue: auto parts

    Yesterday I took my Chevy Colorado in for an annual safety inspection mandated by the state of New Hampshire. I asked the two service managers if they were seeing supply chain problems with auto parts. They said, “Yes, with brakes and tires.” They both recently bought tires for their personal cars: one had to pay $48 more PER TIRE than the price back in June and the other had to pay $58 more PER TIRE. I told them I saw that coming back in July and got tires back then even though I wouldn’t need them until December’s inspection. They said regarding brakes: they were having to wait up to three days to get brakes delivered to them so customers were having to leave their vehicles with them until they arrived. They also said they could sometimes get brakes the same day but they had to pay a premium price to do so. So I ordered front and rear brake pads and rotors and will store them at home until needed. Both guys also said they expected the problems to increase!

    Forewarned is forearmed.

    Login or Register to post comments

  • Thu, Dec 02, 2021 - 1:09pm

    #3
    Izzy Bea

    Izzy Bea

    Status: Member

    Joined: Jul 15 2021

    Posts: 63

    0

    Oxford University epidemiologist Professor Sunetra Gupta on Omicron

    https://podcasts.google.com/feed/aHR0cHM6Ly9yc3MuYXJ0MTkuY29tL3BsYW5ldC1ub3JtYWw/episode/Z2lkOi8vYXJ0MTktZXBpc29kZS1sb2NhdG9yL1YwL3VCTG53TFJvRUZQNlQzNWRjOHBGOWRnbTcyYTZIY0RXUk1Wb09pUTBiYUU?ep=14

     

    Making her second trip to Planet Normal is revered Oxford University epidemiologist Professor Sunetra Gupta, who tells our co-pilots why we are ‘overplaying’ the hype around the new variant

    Login or Register to post comments

  • Thu, Dec 02, 2021 - 3:18pm

    #4
    XZBD2

    XZBD2

    Status: Bronze Member

    Joined: Apr 15 2020

    Posts: 87

    2

    Is it Omicron or Omarova we should fear?

    From John Titus an analysis of Omarova's people's ledger paper. (CBDC)




    Login or Register to post comments

  • Thu, Dec 02, 2021 - 4:58pm

    #5

    Arthur Robey

    Status: Member

    Joined: Feb 03 2010

    Posts: 1799

    1

    Naming Names.

    Listen knuckleheads, if everybody in the world could spare me a dollar, I'd be a very rich man.

    Meaning what? A little bit from everybody mounts up. Just do a little bit every single day.

    Here we find out who "they" are. (not aliens, if you allow the model of the common or garden variety of h. Sapiens)

    But more importantly, what to do about "them".




    Login or Register to post comments

  • Thu, Dec 02, 2021 - 5:46pm

    Arthur Robey

    Status: Member

    Joined: Feb 03 2010

    Posts: 1799

    0

    A Kazakh.

    One of Finda's Volk. Let's see what the Oera Linda has to say about Finda's Volk.

    Despicable people! The laws that Finda established were written on golden tables, but the object for which they were made was never attained. The good laws were abolished, and selfishness instituted bad ones in their place.

    O Finda then the earth overflowed with blood, and your children were mown down like grass. Yes, Finda! those were the fruits of your vanity. Look down from your watch-star and weep.

    Login or Register to post comments

  • Thu, Dec 02, 2021 - 6:07pm

    #7
    westcoastjan

    westcoastjan

    Status: Platinum Member

    Joined: Jun 04 2012

    Posts: 1469

    9

    More and more Canadians pushing back! 💪🏻

    https://www.cbc.ca/amp/1.6270243

    B.C. chiropractors voted overwhelmingly this week for their professional regulator to "take a stand" against a promised COVID-19 shot mandate, bringing a long-running conflict over vaccination back into the spotlight.

    At the annual general meeting of the College of Chiropractors of B.C. on Wednesday, 78 per cent of those in attendance voted in favour of a resolution to "maintain the right to medical freedom of choice" for chiropractors. ...

    Login or Register to post comments

  • Thu, Dec 02, 2021 - 9:04pm

    #8
    sand_kitty

    sand_kitty

    Status: Member

    Joined: Apr 13 2011

    Posts: 2028

    1

    Joy in the Holiday Season :-)

    Login or Register to post comments