Daily Digest

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Daily Digest 8/2 - The Not-So-Great Recession, Why the Environment Is Even Worse Off Than You Think

Friday, August 2, 2013, 11:12 AM

Economy

Authorities Show Up At Journalist's Home Over Google Searches About 'Pressure Cookers' And 'Backpacks' (westcoastjan)

Catalano says the agents proceeded to search her house and to ask her husband questions including "Do you have any bombs?" "Do you own a pressure cooker?" and "Have you ever looked up how to make a pressure cooker bomb?"

More Complaints Than Proposed Solutions at Trial Over Police Searches (jdargis)

They also want the judge to establish a “joint remedial process,” in which an official would solicit input from police officers, academics and grass-roots organizations in black and Hispanic communities “on appropriate remedial measures from a wide array of stakeholders on the stop-question-frisk issue.”

A Not-So-Great Great Recession (jdargis)

That’s the long-term picture. The Great Recession (which lasted from the fourth quarter of 2007 to the second quarter of 2009) also looks less formidable, at least in output terms. Based on the latest measures, inflation-adjusted output growth decreased at an annual rate of 2.9 percent during that time, instead of the previously reported 3.2 percent. And the cumulative peak-to-trough contraction in the economy was 4.3 percent, rather than 4.7 percent.

Energy

British Gas to Offer Customers Free Electricity on Saturdays (James S.)

British Gas will begin a pilot test of the tariff system later this year, with a plan to implement the scheme on a wide scale next year based on its success. They have already begun to test smart metres and new tariffs that charge different rates at different times of the day, and a spokeswoman for the company told businessGreen, “we are building on these learnings with the intention of launching a time of use tariff early next year. To be eligible, customers will need a smart meter and we have already installed 600,000 of these in homes across the country. This is still at an early stage and more information will be provided in due course.”

Keyera, Kinder Morgan to build new Canada crude-by-rail terminal (westcoastjan)

Both companies are planning modifications to their existing Edmonton facilities, including building new pipelines between terminals, to help deliver crude to the new Alberta Crude Terminal.

Keyera's share of the cost of the Alberta crude terminal is expected to be about $65 million, while pipeline company Kinder Morgan is expected to spend $33 million.

Environment

Shifting Baselines: Why the Environment Is Even Worse Off Than You Think (jdargis)

It turns there’s a scientific term for this feeling: shifting baselines. The fisheries scientist Daniel Pauly coined it in 1995 to describe how overfishing has changed the ocean so rapidly over the past several decades that what we think of as normal and healthy—the baseline—has had to shift to keep up with reality. Our picture of the environment becomes skewed, as we forget what used to be and adjust unconsciously to a diminished present.

Hotter Weather Actually Makes Us Want To Kill Each Other (jdargis)

For this study, the researchers performed a meta-analysis of 60 studies, some of which contained data going back to 10,000 B.C. They found that as temperature increases one standard deviation from the mean -- roughly equivalent to warming a U.S. county by 5 degrees Fahrenheit in a given month -- the likelihood of interpersonal violence rises by 4 percent and that of intergroup conflict rises by 14 percent.

Greenland soars to its highest temperature ever recorded, almost 80 degrees F (jdargis)

It adds the warmth may have been enhanced by a phenomenon known as the Foehn Effect, in which air flows over nearby elevated terrain and compresses and heats on its way down. In this case, DMI believes the air may have passed over the elevated Sugar Loaf ice cap and then dried and warmed up as it descended (or downsloped) on its leeward side into Maniitsoq.

Gold & Silver

Click to read the Gold & Silver Digest: 8/1/13

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

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4060
Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Pr3ssure C00ker.

How profoundly stupid. So now everyone knows how to make a pr3ssure c00ker b0bm.

Perhaps not. Perhaps the object of the exercise is to justify ones pay check.

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
An Oldie but a Goodie.

Feeling a bit optimistic this morning? We can cure that.

JayHanson is always good for a re-read.

 

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
Fodder for the Ear

http://jayhanson.us/rr-jhanson-16kbps.mp3

For those who absorb information better through their ears.

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