Daily Digest

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Daily Digest 1/27 - Trouble In The Arctic For Shell, Strategic Africa

Monday, January 27, 2014, 12:34 PM

Economy

Stock Sell-Off Continues as Markets Falter on Wall Street (jdargis)

After a broad decline in the value of the lira in recent days, Turkey’s central bank said on Monday that its monetary policy committee would hold an emergency meeting Tuesday evening “to take the necessary policy measures for price stability.” It said its decision would be announced at midnight. The currency rebounded after the announcement.

3 Enemas Later, Still No Drugs (HughK)

So as we discuss inequality in America, let’s remember that the divide is measured in more than dollars. It’s also about something as fundamental as our dignity, our humanity and our access to justice; it’s about the right of working stiffs not to endure forced colonoscopies.

The Influential Minister Behind Argentina’s Economic Shift (jdargis)

“He’s the strongest economy minister Argentina has had in a decade,” said Ezequiel Burgo, the author of “The Believer,” a book about Mr. Kicillof. “He’s confrontational, outwardly self-confident and sometimes perceived as being arrogant, which of course makes him stand out at a time like this.”

A visit to Toulouse’s last remaining public showers (westcoastjan)

The number of public showers in France may be dwindling but in Toulouse, they still provide a vital public service - especially for those who've fallen on hard times.

Strategic Africa: Why the U.S. and Europe are sending in the troops (westcoastjan)

They will also have a presence in 38 of Africa's 54 nations and could conduct as many as 100 separate missions on the continent, often supported by teams of U.S. State Department specialists and private contractors

Keystone resistance sparks 700% spike in cash offers for land (westcoastjan)

If the landowners all signed deals with TransCanada in the coming weeks and months, however, that legal fight could be mooted, allowing construction to get underway in the event of a thumbs-up from the White House.

Among all states along the proposed route, Nebraska stands alone.

Let there be light: A hand-made solar lamp from Uganda (jdargis)

Lule's grandparents are among the remaining 92 percent and were lighting their house with kerosene. As we learned late last year, burning fuel indoors for lighting and cooking kills more people every year than malaria; Lule put the health impact at the equivalent of two packs a day of cigarettes. He also told us that the fuel costs over a dollar a week—not a small figure, given that Uganda's average per-capita income is only $1,400.

More Trouble in the Arctic for Shell (James B.)

A US court decision may delay Royal Dutch Shell’s drilling plans in the Arctic in a small victory for environmentalists and Native American groups. A panel of judges on the US Court of Appeals for the Ninth Circuit has agreed with environmentalists and Native American groups that the government acted illegally and with “incomplete information” when it moved to open up a 30-million-acre area of the Arctic to oil and gas exploration.

Gold & Silver

Click to read the PM Daily Market Commentary: 1/24/14

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."

3 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4169
Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
China’s Growing Coal Use Is World’s Growing Problem

China burns more than 4 billion tons of coal each year in power plants, homes, and factories. By comparison, the U.S. burns less than 1 billion, and the entire European Union burns 600 million. China surpassed the U.S. to become the largest global CO2 emitter in 2007, and it is on track to double annual U.S. emissions by 2017.

Some people say it is unfair to single out China, and that is not the intention here. Historically speaking, the U.S. is the largest CO2 emitter. And some of China’s emissions come from manufacturing goods that get exported to the U.S. and other countries. It is also true that the U.S. and the European Union have far higher emissions per capita, even as their overall emissions are slowly declining.

 

http://www.climatecentral.org/blogs/chinas-growing-coal-use-is-worlds-growing-problem-16999

Arthur Robey's picture
Arthur Robey
Status: Diamond Member (Offline)
Joined: Feb 4 2010
Posts: 3936
The Smog.

The smog that covers China also keeps it cool.

Once their population crashes due to pollution, the smog will clear.

And then where will you get your cheap solar cells?

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