It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it.
It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it. An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected […]
The Super Rich Are Robbing Us All Blind
The Super Rich Are Robbing Us All Blind They do it all the time. Adobe Stock Guess who’s the biggest welfare recipient in Mississippi state history. No, it’s not a single mom with three kids or a homeless drug addict. It’s Brett Favre, an American football hero. He’s worth $100 million. Recently, a reporter named Anna […]
Labor Leader’s Oil Plans Spark Outrage In Scotland
Labor Leader’s Oil Plans Spark Outrage In Scotland Labour leader Starmer said that his party would end oil and gas investment in the UK North Sea. Scottish politicians called the plan a ‘job destroyer’. Energy security could be at risk if the UK actually bans new upstream investment in the North Sea. In January this […]
ANALYSIS: Will Zimbabwe Pave the Way for Gold-Backed Money?
ANALYSIS: Will Zimbabwe Pave the Way for Gold-Backed Money? People walk past the Reserve Bank of Zimbabwe building in Harare, Zimbabwe, on Feb. 25, 2019. (REUTERS/Philimon Bulawayo/File Photo) Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic era? Since Zimbabwe declared independence from the former Republic of Rhodesia […]
Does Renewable Energy Have a Higher EROI Than Fossil Fuels?
DOES RENEWABLE ENERGY HAVE A HIGHER EROI THAN FOSSIL FUELS? There is new momentum behind the idea that renewable energy has a higher energy return on investment (EROI) than fossil fuels. That contrasts with decades of consensus that the EROI of oil, for example, ranges from 18 to 35 while the range for solar is from 6 […]
War of the Worlds
War of the Worlds Photo by Benjamin Behre on Unsplash In parallel with – but perhaps not entirely unrelated to – the many technical aspects of the long decline of industrial civilization, my attention is increasingly captured by the massive global geopolitical shift precipitated by the war in Eastern Europe. I incline to believe that this battle is […]
State Farm Halts Home Insurance Sales In California
State Farm Halts Home Insurance Sales In California Faltering California took another economic hit on Friday, as America’s largest personal lines insurer said it would immediately stop selling new home insurance policies in the state. California is the largest property and casualty insurance market in the country. State Farm attributed the decision to three factors: “historic increases in construction […]
Doug Casey on the Death of Privacy… and What Comes Next
Doug Casey on the Death of Privacy… and What Comes Next International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered. Further, rampant currency debasement is lowering the real value of these ridiculous limits. Why are governments so intent on phasing out cash? What is really behind this […]
Ha Joon Chang’s ‘Shortest Economics Textbook Ever’
Ha Joon Chang’s ‘Shortest Economics Textbook Ever’ The 5 things they don’t tell you about economics… Economics in brief from Ha Joon Chang At the time of writing this textbook, he was Professor of Economics at Cambridge University, UK, now with SOAS University of London? Chang has created some great resources, I’ve linked to some more […]
You Are Not Alone, Anger Is Building Across The World!
You Are Not Alone, Anger Is Building Across The World! You are not alone if you are tired of watching your government grow increasingly oppressive and corrupt. Many people across the world share your pain. People continue to voice their anger and discontent, however, this is something the media often chooses not to report for […]
When Nature Gazes Back
When Nature Gazes Back It’s been a month since I last posted on the theme of disenchantment, and a lively month at that. The cracks in America’s global empire have become increasingly visible around the world. Here at home the mentally challenged resident of the White House continues to blunder through a vague approximation of […]
I Warned Against the Green Energy ‘Boom.’ It Sparked Debate
I Warned Against the Green Energy ‘Boom.’ It Sparked Debate Challengers raised points that merit responses. Mine lead to one answer: degrowth. Mining for rare earth metals for ever more battery-driven gadgetry is a vastly destructive and ultimately doomed response to the climate crisis argues the author. Photo via Shutterstock. The best intentions in the world […]
Overshoot: The Ecological Basis of Revolutionary Change William R. Catton (1980)
Overshoot: The Ecological Basis of Revolutionary Change William R. Catton (1980) Though, ‘Overshoot’, is ostensibly a book about biophysical limits, the theme that runs through it is about the human propensity for denying obvious facts: Our ability to deceive not only others, but more importantly, ourselves. As with the first review in this four-part miniseries, ‘Farewell to Growth’ (2007), any book […]
The Copper Conundrum
The Copper Conundrum Photo by Denis Yosifov on Unsplash Copper is at the heart of everything electric. It is no exaggeration to say, that our entire “renewable, clean, green” future hinges upon its uninterrupted supply. In fact, according to a recently released report, we would need to mine more of it than what we did during the course of […]
Thai Rice Crop In Crosshairs Of El Nino As Farmers Are Warned About Water Shortages
Thai Rice Crop In Crosshairs Of El Nino As Farmers Are Warned About Water Shortages A disruptive El Nino pattern might impact rice production in Thailand, the world’s second-biggest exporter of the grain that feeds half the world’s population. Bangkok Post reported farmers are being asked by the Office of the National Water Resources “to grow […]
