Nuclear Power Costs Skyrocket, Cost of Renewables Plummet

Stephen 1 Must Read, CLIMATE CHANGE/GLOBAL WARMING, economics, Energy, Global Issues and Perspectives, global warming, News , , , , , , , ,

[This is a repost about the financial costs and risks of nuclear technology. If a country is going to spend $10 billion to generate energy and reduce carbon emissions what technology truly offers the best return on a full cost-accounting basis? The latter calculation is not simple or uncontroversial – here is an attempt to get at it.– Stephen ]

By Stephen Leahy*

Costs of nuclear skyrocket while costs of renewables falling quickly say energy experts

BERLIN, Jul 31, 2009 (IPS)

Why is nuclear energy back on the table?

One reason is a powerful U.S. lobby where 14 energy companies spent 48 million dollars in 2007 alone to convince American politicians to give the industry huge loan guarantees because they cannot get financing anywhere else, says Ellen Vancko, a nuclear energy analyst at the Union of Concerned Scientists, a U.S.-based non governmental organisation (NGO).

This lavish lobbying effort by the energy and nuclear power sector has been ongoing since the mid-1990s, according to the Center for Responsive Politics, a U.S. NGO and now totals at least 953 million dollars.

Even more has been spent to convince the public that nuclear is one of the keys to energy security so that there is significant public support for new reactors, a Gallup Environment Poll reported this year.

“There are lots of senators and members of congress talking about nuclear as a clean, renewable energy resource,” Vancko says.

The other reason is the French. Continue reading →

Fossil Fuel Lobby Following the Playbook of Big Tobacco Confusing the Public on Dangers of Climate Disruption

Stephen 1 Must Read, arctic, CLIMATE CHANGE/GLOBAL WARMING, economics, Energy, global warming, News, Pollution and Toxics , , , ,

Fossil Energy Interests Sowing Confusion and Buying Legislative Delay on America’s Biggest Threat: Climate Change says Environmental Economist

Robert Repetto

UXBRIDGE, Canada, Mar 2, 2011 (IPS)

Powerful fossil energy interests are preventing the United States from making the necessary transition to 21st century energy sources, one of the country’s leading environmental economists documents in a just-published book.

Fossil energy interests are spending “hundreds of millions of dollars” lobbying U.S. politicians in Congress and funding groups to confuse the public about the serious risks climate change poses, says Robert Repetto, author of “America’s Climate Problem: The Way Forward” published by Earthscan.

IPS climate and environment correspondent Stephen Leahy spoke with Repetto about his new book.

Q: Why did you write this book?

A: We’re running out of time. The latest science shows that climate change is coming faster and posing greater risks than previously thought. We are at risk of triggering positive feedbacks that will lead to uncontrollable climate change.

This independent environmental journalism depends on public support. Click here learn more.

Meanwhile, America is locked in a climate-policy stalemate, with very few in the public comprehending the real risks climate change poses. Most don’t understand that climate change is happening now. They don’t link extreme weather events we’ve been experiencing with climate change. As a result they are not demanding that politicians take action.

Q: Why don’t most Americans understand the fact that climate change is already underway and poses serious risks?

A: Fossil (oil, coal, natural gas) energy interests are pouring hundreds of millions of dollars into sowing doubt and uncertainty to blunt public concern and to provide political cover to those politicians they are funding. In America, there is a very concerted effort by fossil energy interests that bankroll right-wing and libertarian “think tanks” like the Competitive Enterprise Institute to create an atmosphere of doubt and uncertainty, just like the tobacco companies did regarding the health effects of smoking. Continue reading →

Two Percent Price-Tag for a Green Economy – Time to end Growth-obsessed Markets pillaging the planet

Stephen 1 Must Read, Africa, CLIMATE CHANGE/GLOBAL WARMING, ECOLOGY, economics, Energy, Global Issues and Perspectives, global warming, News , , , , , , ,

No future in the “brown” economic system driven by fossil fuel energy and the serial depletion and degradation of natural resources and ecosystems

By Stephen Leahy

UXBRIDGE, Canada, Feb 23, 2011 (IPS)

Growth-obsessed markets and governments are pillaging the planet and it must stop, a new U.N. report warns.

The present “brown” economic system driven by fossil fuel energy and the serial depletion and degradation of natural resources and ecosystems has no future and must be replaced by a green economy, says the Green Economy report launched in Nairobi, Kenya this week by the United Nations Environment Programme (UNEP).

Investing just two percent of the global economy into a few key sectors will kick-start a transition towards a low- carbon, resource-efficient economy, the report says. With that relatively small investment, many of the world’s biggest challenges – climate change, poverty, hunger, jobs, sanitation, energy, food – could be successfully met within two generations.

This independent environmental journalism depends on public support. Click here learn more.

“The Green Economy provides a vital part of the answer of how to keep humanity’s ecological footprint within planetary boundaries,” said Achim Steiner, UNEP executive director.

“It aims to link the environmental imperatives for changing course to economic and social outcomes,” Steiner said.

The report documents that a green, low-carbon, resource- efficient economy will be at least as prosperous as the old brown economy. Better still, a green economy will not have the inherent risks, shocks, scarcities and crises of the resource-depleting, high carbon ‘brown’ economy, it says. Continue reading →

Arctic Ice Busts Yet Another Record – Lowest Ever For February

Stephen 1 Must Read, arctic, CLIMATE CHANGE/GLOBAL WARMING, Energy , , ,

Since December of last year the Arctic sea ice has been breaking records with the lowest ever ice cover – lower than the shocker melt down of ice in 2007. This is the latest update from NOAA’s National Snow and Ice Data Center. It shows that the seasonal extant of Arctic sea ice at the end of February, 2011, stood at a record low, well below the prior record set in 2007 and almost 3 million square kilometers below the average for that winter date, when sea ice is usually within days of its greatest seasonal extant for the year.

I’ve written several articles on the latest arctic science and how the decline in sea ice affects weather in the northern hemisphere:

Arctic Melt Down Is Bringing Harder Winters and Permanently Altering Weather Patterns

Arctic Defrost Dumping Snow on U.S. and Europe

Arctic Sea Ice Record – New Satellite Image

Arctic Ice in Death Spiral, Thaws Permafrost — Risks Climate Catastrophe


Rampant Speculation Inflated Food Price Bubble – Wall St./Grain Traders Pushing Price Rises

Stephen 1 Must Read, Africa, Agriculture/Food, CLIMATE CHANGE/GLOBAL WARMING, developing world, economics, Food, Global Issues and Perspectives, Indigenous People, News, Organic , , , , , , ,

“Hunger is not a food production problem. It is an income problem”

By Stephen Leahy

UXBRIDGE, Canada, Jan 28, 2011 (IPS)

Billions of dollars are being made by investors in a speculative “food bubble” that’s created record food prices, starving millions and destabilising countries, experts now conclude.

[This is the second of a multi-part series investigating what is driving food prices higher]

Wall Street investment firms and banks, along with their kin in London and Europe, were responsible for the technology dot-com bubble, the stock market bubble, and the recent U.S. and UK housing bubbles. They extracted enormous profits and their bonuses before the inevitable collapse of each.

Now they’ve turned to basic commodities. The result? At a time when there has been no significant change in the global food supply or in food demand, the average cost of buying food shot up 32 percent from June to December 2010, according to the U.N. Food and Agriculture Organisation (FAO).

This independent environmental journalism depends on public support. Click here learn more.

Nothing but price speculation can explain wheat prices jumping 70 percent from June to December last year when global wheat stocks were stable, experts say.

“There is no food shortage in the world. Food is simply priced out of the reach of the world’s poorest people,” said Robert Fox of Oxfam Canada in reference to the estimated one billion people who go hungry.

“Hunger is not a food production problem. It is an income problem,” Fox told IPS. Continue reading →

In Corrupt Global Food System, Farmland Is the New Gold and Africans the New Share-croppers

Stephen 1 Must Read, Africa, Agriculture/Food, CLIMATE CHANGE/GLOBAL WARMING, economics, Food, Global Issues and Perspectives, global warming, Health, Indigenous People, News, sustainability , , , , , , ,

$ Billions Made Speculating on Food

“Africans have become share-croppers, exporting coffee, cotton, flowers and now food while going hungry”

By Stephen Leahy

UXBRIDGE, Canada, Jan 13, 2011 (IPS)

Famine-hollowed farmers watch trucks loaded with grain grown on their ancestral lands heading for the nearest port, destined to fill richer bellies in foreign lands. This scene has become all too common since the 2008 food crisis.

[This is the first of a multi-part series investigating what is driving food prices higher]

Food prices are even higher now in many countries, sparking another cycle of hunger riots in the Middle East and South Asia last weekend. While bad weather gets the blame for rising prices, the instant price hikes of recent times are largely due to market speculation in a corrupt global food system.

The 2008 food crisis awoke much of the world’s investment community to the profitable reality that hungry people will do almost anything, even sell their own children, in order to eat. And with the global financial crisis, food and farmland became the “new gold” for some of the biggest investors, experts agree.

In 2010, wheat futures rose 47 percent, U.S. corn was up more than 50 percent, and soybeans rose 34 percent.

This independent environmental journalism depends on public support. Click here learn more.

On Wednesday, U.S.-based Cargill, the world’s largest agricultural commodities trader, announced a tripling of profits. The firm generated 1.49 billion dollars in three months between September and November 2010.

Meanwhile, U.S. Treasury Bills pay a return of less than one percent. Continue reading →

Super Cyclone Yasi leaves cassowary in greater peril

Stephen 1 Must Read, BIRDS, Forests, News, WILDLIFE , , ,

The 6ft bird was at risk before the storm hit Australia. Now its survival is even more doubtful

[As Yasi hit the Queensland coast Feb 2 I wondered about how it might affect the endangered cassowary having been confronted by one of these amazing and sometimes aggressive birds in the jungle near Mission Beach a few years ago. Sorry to say it doesn’t look good for a truly incredible species. — Stephen]

By Roger Maynard

Sunday, 27 February 2011

The cassowary, one of the world’s largest birds, beaten for size and weight only by the ostrich and emu, is in a fight for its life. The flightless bird has talons that can tear open a human with one swipe, but it is normally a placid and shy fruit-eater. Now it is in peril as food supplies run low in the wake of Cyclone Yasi, which flattened vast swathes of rainforest in northern Queensland earlier this month.

Emergency food drops have already been made in the Mission Beach area, south of Cairns. The Queensland government has set up more than 50 feeding stations to supplement the birds’ diet.

Graham Lauridon, a local vet, said the main threat is to younger cassowaries, unable to fend for themselves, who have to compete for food with adult birds. “There’s a strong likelihood we will lose quite a few in the next six months,” he said.

via Cyclone puts cassowary in greater peril – Nature, Environment – The Independent.

Coral Reefs In Dire Peril – 75% May Die In Coming Years

Stephen Biodiversity, CLIMATE CHANGE/GLOBAL WARMING, Energy, Food, global warming, News, OCEAN, Pollution and Toxics, Science , , , , , , ,

One of the most incredible natural wonders of our world is being decimated by our actions: burning fossil fuel, pollution of land and sea, overfishing. The most recent estimate shows 75% of the world’s coral reefs are threatened according to new report by the World Resources Institute (WRI) and 24 other organizations. The report is “Reefs at Risk Revisited“.

Here’s one thing you can do to help. Follow and encourage others to live by these Three Simple Rules:

1. Reduce.

Reduce fossil fuel consumption everywhere.

2. Eliminate.

Eliminate all non-essential activities and products that involve burning fossil fuel.

3. Demand.

Demand that business and government provide transport, activities and products that minimize fossil fuel use.

Reduce. Eliminate. Demand. R.E.D.

More on the Corals, Ocean Acidification, Bleaching, Overfishing.

I have written more than 15 articles in last few years about the serious threats corals face:

Record Heat Killing Caribbean and Indian Ocean Corals

What if our air was 30% more acidic like the Oceans? May be 120% more acidic by 2060

Coral Reefs and Acid Oceans Series

Reefs and Forests Burn as Climate Disruption Takes Hold NOW

Permafrost Melt Soon Irreversible Without Major Fossil Fuel Cuts

Stephen 1 Must Read, Alaska, arctic, CANADA, CLIMATE CHANGE/GLOBAL WARMING, Energy, Forests, Global Issues and Perspectives, global warming, News, OCEAN, Science , , ,

Thawing Permafrost Will Accelerate Climate Disruption

By Stephen Leahy

UXBRIDGE, Canada, Feb 17, 2011 (IPS)

Thawing permafrost is threatening to overwhelm attempts to keep the planet from getting too hot for human survival.

Without major reductions in the use of fossil fuels, as much as two-thirds of the world’s gigantic storehouse of frozen carbon could be released, a new study reported. That would push global temperatures several degrees higher, making large parts of the planet uninhabitable.

Once the Arctic gets warm enough, the carbon and methane emissions from thawing permafrost will kick-start a feedback that will amplify the current warming rate, says Kevin Schaefer, a scientist at the National Snow and Ice Data Center (NSIDC) in Boulder, Colorado. That will likely be irreversible.

This independent environmental journalism depends on public support. Click here learn more.

And we’re less than 20 years from this tipping point. Schaefer prefers to use the term “starting point” for when the 13 million square kilometres of permafrost in Alaska, Canada, Siberia and parts of Europe becomes a major new source of carbon emissions.

“Our model projects a starting point 15 to 20 years from now,” Schaefer told IPS. Continue reading →

Factory Farms Spawn Climate Disruption and Disease

Stephen 1 Must Read, CLIMATE CHANGE/GLOBAL WARMING, Energy, Food, global warming, News, Pollution and Toxics , , , , ,

60 percent of factory farms in poor countries

[This is a re-post from 2007. Meat production in factory farms are major animal health and welfare issues, they also produce more emissions than cars and trucks. Not to mention creating perfect conditions for diseases like bird flu and swine flu and who knows what else. — Stephen]

Cramming 100,000 chickens into a single facility to produce low-cost meat also creates the perfect atmosphere for the spread of disease

By Stephen Leahy

Feb 20 (IPS) 2007

Factory farms are responsible for both the bird flu and emissions of greenhouse gases top those of cars and sport utility vehicles (SUVs), according to a report released Monday.

Sixty percent of global livestock production, including chicken and pig “confined animal feedlot operations” (CAFOs), now occur in the developing world. Unregulated zoning and subsidies that encourage these CAFOs or factory farms are moving closer to major urban areas in China, Bangladesh, India, and many countries in Africa, said the report, “Vital Signs 2007-2008” by the Worldwatch Institute.

Although there is no definitive scientific proof, those farms are very likely where avian or bird flu started and will continue to be responsible for new outbreaks, said the author of the report, Danielle Nierenberg, a Worldwatch research associate. Continue reading →