Daily Digest

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Daily Digest 7/28 - Good News Friday: CA Ports To Go Zero-Emission, How Capitalism Saved The Bees

Friday, July 28, 2017, 9:23 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

Nappier: CT pension investments earned big returns (DennisC)

“Through all the volatility, our asset allocation strategy and asset manager performance proved resilient,” fully capturing the market upswing and adding significant additional value,” Nappier said.

Connecticut has a history of saving poorly for its public-sector pensions, a problem that dates back to 1939.

New court to bring victims, offenders face-to-face to hash out resolutions (sv)

"The solution to what's happening in our neighborhoods is not solved by institutions, it's by those who are in the neighborhoods, empowering communities to take hold of what happens to them and around them," State's Attorney Kim Foxx said at the news conference.

If needed, defendants could also be connected with social services such as drug treatment, mental health counseling and parenting classes.

Hunting for Antibiotics in the World’s Dirtiest Places (jdargis)

“The natural microbial world has a whole array of chemistry we haven’t yet looked into,” he tells me, recording the dishes in a ledger. “And we don’t have to go to the bottom of the ocean or an extreme environment to find it.”

Exclusive: Honor student jailed at Rikers speaks out for the 1st time since Kennedy organization posted his bail (sv)

"It's beyond happiness," she told PIX11 News, shortly after a judge confirmed that her son's bail payment would be accepted. "Justice is being served. We're still not there, but justice is being served."

Perez had set up a crowdsourcing account for her son in an attempt to raise the $250,000 cash bail the court had set.

Specific area of the brain helps keep the body young (jdargis)

A number of labs have recently identified neural stem cells in the hypothalamus, so the researchers decided to take a look at those in mice. They found a suggestive correlation: as mice age, the number of stem cells in the area tends to decline. By the time mice were what we'd consider old, the stem cells were pretty much gone. But this didn't tell us whether the loss of stem cells contributes to aging or whether aging causes the stem cells to go away.

How Capitalism Saved the Bees (Wendy SD)

Beekeepers have proven incredibly adept at responding to this challenge. Thanks to a robust market for pollination services, they have addressed the increasing mortality rates by rapidly rebuilding their hives, and they have done so with virtually no economic effects passed on to consumers. It's a remarkable story of adaptation and resilience, and the media has almost entirely ignored it.

Plan calls for L.A., Long Beach ports to go to zero-emissions technology; cost could hit $14 billion (sv)

The blueprint comes more than a decade after the ports pioneered a major greening of their operations by phasing out the dirtiest sources of diesel pollution. But it marks the beginning of a larger, more significant transformation: the shift away from the internal combustion engine entirely.

Gorgeous trees on display at the 2017 World Bonsai Convention (jdargis)

The 8th World Bonsai Convention was recently held in Saitama, Japan. Billed as “the Olympics of the bonsai world”, over 300 trees were on display and one of them sold for ¥100,000,000 ($900,000). Japanistry and Bonsai Tree have some photos of the outstanding trees shown at the event.

Gold & Silver

Click to read the PM Daily Market Commentary: 7/27/17

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."

7 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4066
Morning Spin: Wall Street agency: Chicago will need $1.3 billion

Morning Spin: Wall Street agency: Chicago will need $1.3 billion ...

Chicago Tribune-4 hours ago
Still, a Kroll Bond Rating Agency report says Chicago is making progress in fixing ... Moody's, for example, warned earlier this month of another debt downgrade.
 

University pension fund deficit soars to £17.5bn

Financial Times-10 hours ago
The deficit at the UK university sector's main pension scheme has soared by £9bn over the past year to £17.5bn, making it the largest on record at any British ...

With or Without Obamacare, Health-Care Costs Are Battering the ...

Bloomberg-21 hours ago
Whatever happens to Obamacare in Washington, the rest of America will be left with a problem it's had for decades: Health-care spending is growing at an ...

 

blackeagle's picture
blackeagle
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Posts: 217
Quebec puts an end to plans to drill for oil on Anticosti Island

Woo hoo!!!  No fracking on this beautiful island.

After years of protests, uncertainty and political wrangling, the Quebec government has officially put an end to plans of drilling for oil and gas on Anticosti Island.
Premier Philippe Couillard has issued a ministerial order banning drilling on the island in the Gulf of St. Lawrence.
The government is also compensating three oil and gas companies a total of $41 million dollars for cancelling their permits.
Corridor Resources, Saint-Aubin E&P and Junex have all reached agreements — but a fourth company, Petrolia, has not.
The companies had signed agreements with the previous Parti Québecois government in 2014, but the Liberal government decided the following year not to go ahead with the plan.
​Local leaders, First Nations and environmental groups have also been resisting the project.

Link

 

Uncletommy's picture
Uncletommy
Status: Gold Member (Offline)
Joined: May 3 2014
Posts: 476
Good money after bad?

Further to Blackeagle's observation; with EROI's  below 8:1, how low can you go, especially with borrowed money, to exploit a resource:

“You can’t convince shareholders to continue to put that money out if there’s no prospect for success.”

http://calgaryherald.com/business/energy/companies-abandon-nearly-one-million-hectares-of-alberta-oilsands-exploration-leases

pyranablade's picture
pyranablade
Status: Silver Member (Offline)
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Posts: 205
Rolling in Awesomeness

From the article about Bees:

 

The problem captured the world's attention in part because it was mysterious. Hackenberg and the other beekeepers did not find evidence of mites, robber bees, wax moths, or any of the other common pests or ailments that often kill the insects. The hives were still chock full of honey, pollen, eggs, and larvae. But the worker bees were gone.

Ten years later, scientists still debate the causes of colony collapse disorder. Researchers have been unable to pinpoint an exact culprit, and most now believe a variety of factors are at play, including infections, pathogens, and malnutrition.

Environmental groups such as Greenpeace and the Natural Resource Defense Council often blame neonicotinoids—a class of "systemic" pesticides that are soaked onto seeds and absorbed throughout the entire plant as it grows—and call for regulations restricting their use. The European Union implemented a partial ban on neonicotinoids in 2013 due to their possible impact on bees, but the Environmental Protection Agency (EPA) has yet to take similar action in the United States.

Earlier this year, in fact, the agency determined that four common neonicotinoid pesticides "do not pose significant risks to bee colonies," though that finding is disputed by environmental groups. And recent evidence suggests that the E.U.'s ban has done more harm than good, by encouraging farmers to use other, more lethal pesticides.

Everything is awesome. We have as much honey now as ever, so keep the pesticides coming!

No reason to ban pesticides - because the economy is doing great!

Thank you great chemical industry, Big Ag loves you!

apismellifera's picture
apismellifera
Status: Bronze Member (Offline)
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Posts: 58
Re: bees

The bee piece from reason was discussed in an earlier thread on Peak Prosperity:

     https://www.peakprosperity.com/discussion/109791/how-capitalism-saved-bees

I already commented there, but let's just say I find the piece's conclusions very dubious, and its grasp of what constitutes a healthy bee population very lacking.

Modern beekeeping today, folks, isn't stable or healthy.  It's very fragile, with a few islands of hope. (One of the best of those is the Russian Honeybee Breeder Association, whose members pledge not to use any chemical treatments on their hives that are part of the breeding program). 

Time2help's picture
Time2help
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Posts: 2769
Casting Call?

Mike Dill's picture
Mike Dill
Status: Bronze Member (Offline)
Joined: Nov 8 2009
Posts: 28
RE: antiboitics

We have billions of 'good' bacteria in our guts. Eating healthy fresh food feeds those bacteria which supports the immune system. Eating garbage food often kills those bacteria and promotes unheathy strains that interfere or hurt our immune systems. The greater the diversity of bacteria in our gut the more likely that those bacteria can help our immune system identify the 'bad' bacteria.

While it may sound bad to some people, eating 'raw' and fresh food adds bacterial diversity to our gut. Fermented and innoculated foods like natural sourcrout, kimchi, cheeses, and yogurts provide additional strains of bacteria and food for the gut bacteria, often called pro-biotics.

In limited quantity, food grown in those 'dirty' places add to our bacterial diversity, and perform the same functions, at a lower intensity, as the antibiotics derived from those bacteria.  

The use of sanitizers and other antibacterial agents prevents the immune system from 'seeing' bad organisms so that they can build a defence before the immune system is overwhelmed.

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