Daily Digest

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Daily Digest 6/9 - Good News Friday: Pittsburgh To Move To 100% Renewables, Bees Are Saving Themselves

Friday, June 9, 2017, 11:30 AM

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header "Good News Friday." We will save and post weekly. Enjoy!

Economy

TokenCard: An Ethereum Smart Contract Powered Debit Card (Afridev)

Provided their plan works, it will provide much-needed liquidity to smaller currencies while also increasing their value and contributing to the reduction of the volatility that scares many casual users away from blockchain currencies.

NYC pension fund to back out of investments in private prisons (jdargis)

The trustees first voted to study divesting in September. The trustees can only divest after an analysis determines doing so would add minimal or no risk to the pension funds. An outside consultants also found that maintaining investments in the industry brought about “inherent investment risks” given ongoing investigations into the industry that can damage the value of the stocks and bonds, Stringer’s office said.

Why Corbyn Won (sv)

They rebuilt the party’s mass base, turning Labour into Europe’s largest party, with more than a half million members. Momentum, the grassroots formation created to support the effort, organized tens of thousands in communities across Britain. Battles with the Labour center and right helped in a certain way, too, distancing the leadership from a discredited establishment. Many party members came to embrace the ire of the billionaire press.

Providence City Council approves Providence Community-Police Relations Act (sv)

“The landmark legislation was approved with recommended amendments from a panel comprised of community members, police administration and union representatives, and City solicitor, administration, and City Council representatives,” the release added.

Originally named the Community Safety Act, the final version of the ordinance was renamed the Providence Community-Police Relations Act to describe the intentions better.

Chile convicts 106 former intelligence agents (sv)

Several of the intelligence agents sentenced are already serving sentences for other human rights violation convictions. An additional 13 agents who were charged were absolved, according to the Chilean judiciary.

In addition, the judge ordered the state to pay more than 5 billion Chilean pesos (about US$7.5 million) to the victims' families.

Pittsburgh plans to power itself with 100% renewable energy (sv)

Thirty cities, three states, more than 80 university presidents, and more than 100 companies recently launched another group with similar goals. Organized by Michael Bloomberg, the billionaire philanthropist and former New York City mayor, that coalition would submit to the UN a plan to commit to greenhouse-gas limits set in the Paris Agreement, according to The New York Times.

In his speech announcing the planned withdrawal of the US from the Paris Agreement, Trump said: "I was elected to represent the citizens of Pittsburgh, not Paris."

EU-China Summit: moving forward with our global partnership (sv)

In his keynote speech, President Juncker said: "Our relationship is founded on a shared commitment to openness and working together as part of a rules-based international system. I am glad that we can meet here today and say this, loud and clear. It is one that recognises that together we can promote prosperity and sustainability at home and abroad. We applaud the ambition of China's reform path. We recognise that reforms have been made and that plans have been established. But we would like to see implementation speed up – so that your policies are in line with your world vision."

How Buzzing Bees Are Helping Save Themselves (jdargis)

Though the study’s researchers wouldn’t call the process of recording the buzzes easy. Despite tracking bees in a meadow far away from urban distractions, researchers still had fierce winds and inclement weather threatening to obscure the results. “So we surrounded the microphones with fluffy jackets that look like ‘cat’s tails’ to reduce the wind,” one of the study’s co-authors, Dr. Candace Galen, told GOOD. “Once we had the recordings, we could train our computer software to count ‘nonrandom’ or structured sounds like buzzes and throw out random noise like the wind.”

Gold & Silver

Click to read the PM Daily Market Commentary: 6/8/17

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. 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."

4 Comments

Time2help's picture
Time2help
Status: Diamond Member (Offline)
Joined: Jun 9 2011
Posts: 2621
Dear Banksters

Burn in f****** hell.

cmartenson's picture
cmartenson
Status: Diamond Member (Offline)
Joined: Jun 7 2007
Posts: 5239
One thing....

These headlines are always misleading:

Pittsburgh plans to power itself with 100% renewable energy (sv)

No...what Pittsburg may try to do is aim towards 100% of its electrical generating capacity by renewables.

Power is a larger concept that includes liquid fuels for transportation, natural gas for heating and industrial processes, etc.

By constantly saying (or implying) that we can get 100% of our power from renewables the media is telling a tale that is patently false.  

Roughly speaking, of the various types of power a city might consume, electricity usually is about 1/3rd of that mix.

lambertad's picture
lambertad
Status: Silver Member (Offline)
Joined: Aug 31 2013
Posts: 131
Commercial Real Estate Decline

http://www.businessinsider.com/commercial-real-estate-boom-bust-bubble-2...

Boston Fed President Eric Rosengren, one of the earliest advocates of unwinding QE, started warning about the CRE bubble last year. A couple of months ago, he gave a presentation on what CRE could do to “financial stability,” with some stunning charts.

blackeagle's picture
blackeagle
Status: Silver Member (Offline)
Joined: May 16 2013
Posts: 190
How Buzzing Bees Are Helping Save Themselves

Really? How by doing a research program on bees can we claim they are helping save themselves. Just because they are the subject of the research? A bit stretched...

This is anyway good news to know that new investigative ways could help them. Meanwhile, keep doing beekeeping as much as you can far far far away from the nasty chemicals.

 

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