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What A Week It Was: Apocadocuments from
View By Scenario:
Species Collapse:(4)
Plague/Virus:()
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This Week's Top Ten Very Scary Tags:
global warming  ~ contamination  ~ climate impacts  ~ economic myopia  ~ carbon emissions  ~ governmental idiocy  ~ arctic meltdown  ~ smart policy  ~ rising sea level  ~ heavy metals  ~ algal bloom  



ApocaDocuments (4) matching "economic myopia" from this week
[see full week] ~ [see all stories tagged "economic myopia"]
Sat, Nov 14, 2009
from COP15:
UN looks at COP15.5 option
Acknowledging that the COP15 conference in Copenhagen this December is not likely to produce a final agreement on climate change, an extra summit in spring 2010 is considered, UN official reveals.... The main reason why a final deal is not expected to be reached at the COP15 conference in Copenhagen is the fact that the US Congress will not have national legislation in place before December. Short of a clear picture on which commitments the world's second largest emitter is likely to take, a number of other key players will most likely hide their cards. This situation may have changed by spring 2010, but then one can't be certain right now, which is why the UN has not decided yet if it will recommend a spring conference. ...


Six more months of dithering is great for the economy!

ApocaDoc
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Sat, Nov 14, 2009
from Helmhotz, via EurekAlert:
TEEB: on the economics of ecosystems and biodiversity for policy makers
Policy makers who factor the planet's multi-trillion dollar ecosystem services into their national and international investment strategies are likely to see far higher rates of return and stronger economic growth in the 21st century, a new report issued today says.... Subsidized commercial shrimp farms can generate returns of around $1,220 per hectare by clearing mangrove forests. But this does not take into account the losses to local communities totaling over $12,000 a hectare linked with wood and non-wood forest products, fisheries and coastal protection services (Barbier 2007). Nor does the profit to the commercial operators take into account the costs of rehabilitating the abandoned sites after five years of exploitation -- estimated at over $9,000 a hectare.... The economic invisibility of ecosystems and biodiversity is increased by our dominant economic model, which is consumption-led, production-driven, and GDP-measured. This model is in need of significant reform. The multiple crises we are experiencing -- fuel, food, finance, and the economy -- serve as reminders of the need for change. ...


Placing a value on ecosystem services is so... arbitrary.

ApocaDoc
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Tue, Nov 10, 2009
from Telegraph.co.uk:
World energy body 'exaggerated oil stocks under pressure from US'
The International Energy Agency (IEA) has been underplaying the rate of decline at existing oil fields and overestimating the potential of new reserves to avoid panic buying, a senior official alleged. The agency last year claimed that oil production could be raised from its current rate of 83 million barrels a day to 105 million.... "Many inside the organisation believe that maintaining oil supplies at even 90 million to 95 million barrels a day would be impossible but there are fears that panic could spread on the financial markets if the figures were brought down further," the newspaper quoted the whistle-blower as saying. ...


Change we wanted to believe in.

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Mon, Nov 9, 2009
from George Monbiot:
Death Denial
There is no point in denying it: we're losing. Climate change denial is spreading like a contagious disease. It exists in a sphere which cannot be reached by evidence or reasoned argument; any attempt to draw attention to scientific findings is greeted with furious invective. This sphere is expanding with astonishing speed.... A survey last month by the Pew Research Centre suggests that the proportion of Americans who believe there's solid evidence that the world has been warming over the past few decades has fallen from 71 percent to 57 percent in just 18 months.... On Amazon.co.uk, books championing climate change denial are currently ranked at 1,2,4,5,7 and 8 in the global warming category(5). Never mind that they've been torn to shreds by scientists and reviewers, they are beating the scientific books by miles. What is going on? ...


Could it be that denial is an evolutionary survival instinct?

ApocaDoc
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