Professor Goddard does not know the relation between action and reaction and the need to have something better than a vacuum against which to react. He seems to lack the basic knowledge ladled out daily in high schools.--The New York Times in 1921 on Robert Goddard's dreams of rockets in space
The NYT, listening to The Science
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Former crack addict-turned-pillow entrepreneur and election denier Mike Lindell announced Monday he was running to unseat Ronna McDaniel as chair of the Republican National Committee.
Over the past five years, global ESG funds have underperformed the broader market by more than 250 basis points per year, an average 6.3% return compared with a 8.9% return. This means an investor who put $10,000 into an average global ESG fund in 2017 would have about $13,500 today, compared with $15,250 he would have earned if he had invested in the broader market.
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The Kinds of Poverty
"...grid electrification — which nearly everywhere means mostly fossil fuels — significantly positively affects household income, expenditure and education. A study in Bangladesh showed that electrified households experienced a 21 percent average jump in income and a 1.5 percent reduction in poverty yearly.
The biggest deception is that rich world leaders have somehow managed to portray themselves as green evangelists, while more than three-quarters of their enormous primary energy production comes from fossil fuels, according to the International Energy Agency. Less than 12 percent of their energy comes from renewables, mostly from wood and hydro. Just 2.4 percent is solar and wind.
Compare this to Africa, the most renewable continent in the world, with half of its energy produced by renewables. But these renewables are almost entirely wood, straws and dung, and they are really a testament to how little energy the continent has access to. Despite all the hype, the continent gets just 0.3 percent of its energy from solar and wind.
To solve global warming, rich countries must invest much more in research and development on better green technologies, from fusion, fission and second-generation biofuels to solar and wind with massive batteries. The crucial insight is to innovate their actual cost below fossil fuels. That way, everyone will eventually switch. But telling the poor to live with unreliable, expensive, weak power is an insult.
There is already pushback from the world’s developing countries, who see the hypocrisy for what it is: Egypt’s finance minister recently said that poor countries must not be “punished,” and warned that climate policy should not add to their suffering. That warning needs to be heard. Europe is scouring the world for more fossil fuels because the continent needs them for its growth and prosperity. That same opportunity should not be withheld from the world’s poorest."--From Lomberg
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The Commerce Department, under Raimondo’s leadership, is now poised to begin distributing nearly $100 billion — roughly 10 times the department’s annual budget — to build up the U.S. chip industry and expand broadband access throughout the country.
$100 billion in the hands of a government appointee.
***
The US soccer federation displayed Iran's national flag on social media without the emblem of the Islamic Republic, saying the move supports protesters in Iran ahead of the two nations' World Cup match today.
Iran's government reacted by accusing America of removing the name of God from their national flag and called for FIFA to kick the USA out of the World Cup with a 10-game ban from soccer.
Politics, an airborne virus, penetrates everywhere, into every corner, especially where there is no light.
***
The Commerce Department, under Raimondo’s leadership, is now poised to begin distributing nearly $100 billion — roughly 10 times the department’s annual budget — to build up the U.S. chip industry and expand broadband access throughout the country.
$100 billion in the hands of a government appointee.
***
The US soccer federation displayed Iran's national flag on social media without the emblem of the Islamic Republic, saying the move supports protesters in Iran ahead of the two nations' World Cup match today.
Iran's government reacted by accusing America of removing the name of God from their national flag and called for FIFA to kick the USA out of the World Cup with a 10-game ban from soccer.
Politics, an airborne virus, penetrates everywhere, into every corner, especially where there is no light.
***
Over the past five years, global ESG funds have underperformed the broader market by more than 250 basis points per year, an average 6.3% return compared with a 8.9% return. This means an investor who put $10,000 into an average global ESG fund in 2017 would have about $13,500 today, compared with $15,250 he would have earned if he had invested in the broader market.
***
The Kinds of Poverty
"...grid electrification — which nearly everywhere means mostly fossil fuels — significantly positively affects household income, expenditure and education. A study in Bangladesh showed that electrified households experienced a 21 percent average jump in income and a 1.5 percent reduction in poverty yearly.
The biggest deception is that rich world leaders have somehow managed to portray themselves as green evangelists, while more than three-quarters of their enormous primary energy production comes from fossil fuels, according to the International Energy Agency. Less than 12 percent of their energy comes from renewables, mostly from wood and hydro. Just 2.4 percent is solar and wind.
Compare this to Africa, the most renewable continent in the world, with half of its energy produced by renewables. But these renewables are almost entirely wood, straws and dung, and they are really a testament to how little energy the continent has access to. Despite all the hype, the continent gets just 0.3 percent of its energy from solar and wind.
To solve global warming, rich countries must invest much more in research and development on better green technologies, from fusion, fission and second-generation biofuels to solar and wind with massive batteries. The crucial insight is to innovate their actual cost below fossil fuels. That way, everyone will eventually switch. But telling the poor to live with unreliable, expensive, weak power is an insult.
There is already pushback from the world’s developing countries, who see the hypocrisy for what it is: Egypt’s finance minister recently said that poor countries must not be “punished,” and warned that climate policy should not add to their suffering. That warning needs to be heard. Europe is scouring the world for more fossil fuels because the continent needs them for its growth and prosperity. That same opportunity should not be withheld from the world’s poorest."--From Lomberg
2 comments:
No one wants to see People in Poverty
I wish that were so.
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