When kings make risky bets it is the serfs who pay. According to NBC News the plutocrats have successfully gotten the federal government to make taxpayers liable for the consequences of increasingly likely floods on expensive waterfront homes. The 99% can now not only look in wonder at the ornate plush homes on the beaches, [...]
|By: DSWright Monday February 24, 2014 11:08 am|
|By: DSWright Wednesday December 11, 2013 10:44 am|
America’s richest brothers, Charles and David Koch of Koch Industries, are upset with the New York Times. Representatives for the family claim that the Times characterized their position on government policies related to climate change. In the piece the reporter notes the Koch brothers have “longtime resentment of the biggest oil companies.” Last week, the [...]
|By: DSWright Wednesday November 13, 2013 5:15 am|
A leaked 29 page summary of a draft report by the United Nations backed Intergovernmental Panel on Climate Change warns of a planet plagued by disasters in the wake of a changing climate. The report notes serious threats to the stability of the food and water supply contributing to increased political conflict that is likely [...]
|By: DSWright Friday September 27, 2013 8:01 am|
The United Nations created Intergovernmental Panel on Climate Change (IPCC) has issued a landmark report claiming that climate change is real and human beings are the culprits. The report called the existence of Global Warming, a point of contention in Congress, “unequivocal.” And noted that “human influence has been the dominant cause of the observed [...]
|By: DSWright Wednesday July 10, 2013 9:44 am|
While Big Business think tanks and lobbyists try to foster skepticism on climate change one mega-corporation has decided to take the science very seriously. Unfortunately that company is Monsanto and their plan is to expand their monopoly into climate-resilient crops. Thankfully the agro-industry leviathan has been thwarted in its mission to control all profitable plant [...]
|By: DSWright Thursday March 28, 2013 6:01 am|
A report by global re-insurers claims that 2012 was one of the most expensive years for insurers on record. Natural disasters specifically “large scale weather events” were to blame for the historically high numbers. The world’s second-largest reinsurer said yesterday that natural catastrophes and man-made disasters cost the insurance industry $77 billion in 2012, the [...]
|By: David Dayen Tuesday December 4, 2012 9:15 am|
Now Senate Democrats might actually see climate change as a wedge issue, just a couple years after one of their caucus members literally shot climate change legislation in one of his campaign ads.
|By: David Dayen Monday November 19, 2012 8:30 am|
Jim Yong Kim, the new President of the World Bank, called on the world to address climate change by reducing greenhouse gas emissions, a shift for an organization that usually does not weigh in on the subject. Kim’s report, “Why a 4° Centigrade Warmer World Must Be Avoided,” has a very specific intent. “It is my hope that this report shocks us into action,” Kim writes in the foreward.
|By: David Dayen Wednesday November 14, 2012 9:15 am|
California ushers in a new era today with one of the the first greenhouse gas emission auctions in the United States. The state passed the Global Warming Solutions Act in 2006, and six years later, the cap and trade program on carbon emissions in the law is operational and ready for action. More than six [...]
|By: David Dayen Tuesday November 13, 2012 1:30 pm|
My original working assumption on the subject of a carbon tax, basically a levy on fossil fuel usage, working its way into the fiscal cliff negotiations was that I appreciated the thought, but doubted the reality. It’s not that a carbon tax wouldn’t raise revenue and also contribute in a smart way to reducing greenhouse [...]
|By: David Dayen Monday November 5, 2012 8:30 am|
I think Rudy Giuliani is just being a good partisan by claiming that the federal response to Superstorm Sandy has been worse than Katrina. But has the media run with a narrative of competence and professional response while residents in Staten Island and Rockaway Beach, for example, yell for help? I think that’s beyond question. And the anger is growing in these areas.