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<i><font size="+1"><b>May 4, 2020</b></font></i><br>
<br>
[Warren Buffett sells airline]<br>
<b>Berkshire Hathaway sold all airline stocks</b><br>
Prior to the pandemic, Berkshire Hathaway owned over $4 billion
worth of of stocks with American, Delta, Southwest, and United. In
recent weeks SEC filings suggested that the company sold airline
stocks, though we've now officially learned that Berkshire Hathaway
has sold all airline stocks, across all companies.<br>
<br>
I think it's interesting to take a look at Buffett's explanation of
the situation, not necessarily because of the implications on
stocks, but rather because I find it interesting to hear his
thoughts on airline recovery:<br>
<blockquote>"The world has changed for the airlines. And I don't
know how it's changed and I hope it corrects itself in a
reasonably prompt way. I don't know if Americans have now changed
their habits or will change their habits because of the extended
period..."<br>
<br>
"When we sell something, very often it's going to be our entire
stake. We don't trim positions. That's just not the way we
approach it any more than if we buy 100% of a business. We're
going to sell it down to 90% or 80%. If we like a business, we're
going to buy as much of it as we can and keep it as long as we
can. And when we change our mind we don't take half measures."<br>
</blockquote>
<p> <a class="moz-txt-link-freetext" href="https://onemileatatime.com/warren-buffett-airline-stocks/">https://onemileatatime.com/warren-buffett-airline-stocks/</a></p>
<p><br>
</p>
<p><br>
</p>
[Resilience]<br>
<b>After the Pandemic: a Ten-Point Plan for the Collective Provision
of Basic Needs</b><br>
This manifesto is an intervention by a Europe-wide group of
academics - the foundational economy collective - who have for
several years in books and articles argued that policy makers need
to balance concern with jobs and wages with more attention to
essential goods and services like housing, food, utility supply,
health, education and care. The provision of all of these things
relies on the collective organisation of much larger systems; if
group provision breaks down, citizens cannot buy their way out
through individual consumption...<br>
<a class="moz-txt-link-freetext" href="https://www.resilience.org/stories/2020-04-13/after-the-pandemic-a-ten-point-plan-for-the-collective-provision-of-basic-needs/">https://www.resilience.org/stories/2020-04-13/after-the-pandemic-a-ten-point-plan-for-the-collective-provision-of-basic-needs/</a><br>
<a class="moz-txt-link-freetext" href="https://foundationaleconomy.com/covid-19-report/">https://foundationaleconomy.com/covid-19-report/</a><br>
<p><br>
</p>
[Carbon fuel anxiety]<br>
<b>Big Oil Fears Keystone XL Ruling Means End of Easy Pipeline
Permits</b><br>
By Steve Horn - Sunday, May 3, 2020<br>
On April 15, Judge Brian Morris nullified water-crossing permits in
Montana that were granted for the Keystone XL, a major setback for
the long-embattled tar sands oil pipeline. The ruling came just days
after Keystone XL owner TC Energy, formerly known as TransCanada,
obtained billions of dollars in subsidies from the Alberta
government as global oil prices plummeted.<br>
<br>
The oil and gas industry has taken notice. Seemingly just a ruling
on Keystone XL -- the subject of opposition by the climate movement
for the past decade -- the ruling could have far broader
implications for the future of building water-crossing pipelines and
utility lines.<br>
<br>
In his decision, Judge Morris cited a potential violation of the
Endangered Species Act when he ordered the U.S. Army Corps of
Engineers to do a deeper analysis of potential impacts to protected
species. Morris required the Corps to demonstrate whether or not it
could construct the pipeline without harming endangered species,
such as the Pallid Sturgeon or the American burying beetle. Instead,
the Army Corps "failed to consider relevant expert analysis and
failed to articulate a rational connection between the facts it
found and the choice it made," Morris ruled, when the Corps gave
Keystone XL the initial green light.<br>
<br>
The original July 2019 complaint in that case -- filed by Northern
Plains Resource Council, Bold Alliance, Sierra Club, Natural
Resources Defense Council, and Center for Biological Diversity --
also argued that the Army Corps had violated the National
Environmental Policy Act (NEPA) in using an obscure regulatory lever
to fast-track the review process...<br>
- - -<br>
Morris could make a decision on how broadly his Nationwide Permit 12
decision applies as soon as May 8. Regardless of the outcome,
Morris' next move will likely face an appeal from either side. <br>
<a class="moz-txt-link-freetext" href="https://www.desmogblog.com/2020/05/03/keystone-xl-future-pipeline-permits">https://www.desmogblog.com/2020/05/03/keystone-xl-future-pipeline-permits</a><br>
<p><br>
</p>
<br>
[5 min video presentation ]<br>
<b>The Pandemic's Effects on Climate Change | Special Episode</b><br>
Mar 25, 2020<br>
Global Weirding with Katharine Hayhoe<br>
17.5K subscribersThis pandemic is responsible for untold suffering
around the world. If anything, it's simply reminding us how
interconnected we all are, and how we can ignore a crisis until it's
brought to our attention.<br>
Let's take a step back and say 'what is going on?', in relation to
COVID-19's <br>
<a class="moz-txt-link-freetext" href="https://www.youtube.com/watch?v=62IzyebP1_o">https://www.youtube.com/watch?v=62IzyebP1_o</a><br>
<br>
<p><br>
</p>
[George Monbiot]<br>
<b>Bail Out the Planet</b><br>
1st May 2020<br>
We have the opportunity to reshape our economies to support life on
Earth. Governments should take it...<br>
- - -<br>
Governments like the UK's should drop their roadbuilding plans.
Instead of expanding airports, they should publish plans for
reducing landing slots. They should commit to an explicit policy of
leaving fossil fuels in the ground.<br>
<br>
During the pandemic, many of us have begun to discover how much of
our travel is unnecessary. Governments can build on this to create
plans for reducing the need to move, while investing in walking,
cycling and - when physical distancing is less necessary - public
transport. This means wider pavements, better bike lanes, buses run
for service, not profit. They should invest heavily in green energy,
and even more heavily in reducing energy demand, through, for
example, home insulation and better heating and lighting. The
pandemic exposes the need for better neighbourhood design, with less
public space given to cars and more to people. It also shows how
badly we need the kind of security that a lightly taxed, deregulated
economy cannot deliver.<br>
<br>
In other words, let's have what many people were calling for long
before this disaster hit: a green new deal. But please let's stop
describing it as a stimulus package. We have stimulated consumption
too much over the past century, which is why we face environmental
disaster. Let us call it a survival package, whose purpose is to
provide incomes, distribute wealth and avoid catastrophe, without
stoking perpetual economic growth. Bail out the people, not the
corporations. Bail out the living world, not its destroyers. Let's
not waste our second chance.<br>
<a class="moz-txt-link-abbreviated" href="http://www.monbiot.com">www.monbiot.com</a><br>
<a class="moz-txt-link-freetext" href="https://www.monbiot.com/2020/05/01/bail-out-the-planet/">https://www.monbiot.com/2020/05/01/bail-out-the-planet/</a><br>
<p><br>
</p>
<p><br>
</p>
[Leases]<br>
<b>Judge Vacates Oil and Gas Leases on 145,000 Acres in Montana</b><br>
A federal judge, rapping the Trump administration for its weak
environmental assessments, has vacated hundreds of oil and gas
leases across a large swath of Montana.<br>
WASHINGTON -- A federal judge on Friday vacated 287 oil and gas
leases on almost 150,000 acres of land in Montana, ruling that the
Trump administration had improperly issued the leases to energy
companies in 2017 and 2018.<br>
<br>
The judge, Brian Morris of the United States District Court for the
District of Montana, said the Interior Department's Bureau of Land
Management failed to adequately take into account the environmental
impacts of the drilling...<br>
- -<br>
Judge Morris wrote that in issuing the leases, the Trump
administration's failure to provide the legally required
environmental analyses "largely relates to the absence of analysis
rather than to a flawed analysis. In other words, the Court does not
fault B.L.M. for providing a faulty analysis of cumulative impacts
or impacts to groundwater, it largely faults B.L.M. for failing to
provide any analysis."...<br>
- -<br>
"The nature of climate change is that we're dealing with death by a
thousand cuts. These decisions are saying you have to add up the
impact of all of those cuts," said Kyle Tisdel, a lawyer with the
Western Environmental Law Center, a nonprofit law firm that argued
against the administration in the Montana lease case.<br>
<br>
Earlier this year, the White House rolled out a series of proposed
changes to NEPA, under which consideration of the cumulative impacts
on climate change of some projects would no longer be required.<br>
<br>
"The changes that Trump has proposed to NEPA are not in place yet,"
said Patrick Parenteau, a professor of environmental law at the
Vermont Law School, "but if they were, Judge Morris would not have
been able to find that B.L.M. was in violation of the law."<br>
<a class="moz-txt-link-freetext" href="https://www.nytimes.com/2020/05/01/climate/oil-gas-leases-montana.html">https://www.nytimes.com/2020/05/01/climate/oil-gas-leases-montana.html</a><br>
<p><br>
</p>
<p><br>
</p>
[Opinion from March ]<br>
<b>Quit Obsessing About Climate Change. What You Do or Don't Do No
Longer Matters.</b><br>
Glen Hendrix<br>
Mar 26, 2019<br>
- - <br>
According to scientists, the only way to keep the planet's
temperature from increasing 2.7 degrees Fahrenheit is to immediately
phase out all fossil fuel infrastructure and devices. As soon as
existing coal, oil, or gas plants reach their engineered lifespans,
instead of refurbishing we must shut them down. If we don't, the
estimates for increasing temperatures start going up.<br>
- - <br>
This is the most pivotal point in the history of man. We only get
one shot at this. If we blow it, we won't get a comparable situation
for millions of years, if ever. If mankind does have a world-wide
civilization by then, we will have forgotten all of this -- this
choice we had. Save the planet or just get along and ignore it until
it is too late. Scientists are saying our planet is doomed and all I
hear on the news is everything but that. We are a society in denial,
trying to collectively whistle past the graveyard. Our weather men
won't even talk about it on the local news. It might be construed as
political. It might upset people. We are so polite and civilized in
our denouement.<br>
<p>Since it is off our individual shoulders now, maybe we should
give more thought about how we tell our children what's happening
and what to expect in the future. Hopefully, they won't kick you
in the shins when they finally understand what you are talking
about. How do we look someone like Greta Thunberg in the face and
tell her we screwed up in the worst possible way. This Swedish
teen will probably spit in your eye and tell you to fuck off and
keep riding that bike to work. She is up for a Nobel Prize for her
admonitions to do something about climate change. In reality, she
should be voted Queen of the World, because that is exactly what
is needed right now; some central, charismatic figure with smarts
and determination to do what is right, what is required.</p>
It is not really our fault. Besides being stupid and greedy, we are
genetically handicapped to deal with this situation. We simply don't
live long enough to plan ahead. By "planning ahead" I don't mean
decades. I mean centuries. The reason is that people with money and
power, the people with the means to do something, just don't care.
They would have to give up some of that money and power to change
things. They figure they won't be around to suffer the consequences
of climate change anyway, so they just don't give a damn. It would
require Biblically long lifetimes to plan ahead for the human race.
For now and the near future we can, at most, hope to live to a
hundred, not the 969 years of Methuselah. If you were going to be
around for the consequence of your actions or inaction for as long
as he was, you would care.<br>
<p>Our one ray of hope is artificial intelligence. Pundits say a
generalized AI, the singularity, will be here within 20 years. It
will have the lifetime and the smarts to rationally plan ahead for
a viable future for the Earth. Maybe, by the grace of God, it will
take over and guide the human race rationally into the future
instead of selling us as cheap, world-wrecking slaves to the first
aliens that drop by.</p>
So tell your children you are sorry for what is going on with the
climate, but it's not their fault or yours. Tell them some bad
people made it too hard to do anything until it was too late. Tell
them you will vote for people that might help with the problem.
Maybe if we elect the right leaders, and they do the right things
there is still time. Tell them to study science and engineering so
that someday they might help with a solution or figure out
adaptations to deal with it. Or you can put that whole talk off for
later. I won't blame you. You are only human.<br>
<a class="moz-txt-link-freetext" href="https://medium.com/age-of-awareness/quit-obsessing-about-climate-change-what-you-do-or-dont-do-no-longer-matters-2942d12bed8b">https://medium.com/age-of-awareness/quit-obsessing-about-climate-change-what-you-do-or-dont-do-no-longer-matters-2942d12bed8b</a><br>
<p><br>
</p>
<p><br>
</p>
<p><br>
</p>
<br>
[Game]<b><br>
</b><b>The Climate Collage</b><br>
You're holding all the cards<br>
The Game<br>
The Climate Collage is a serious game about climate change, based on
collective intelligence and creativity. Whether you're completely
new to the topic or quite savvy, you can play the Climate Collage.
In 3 hours' time, you will retrace the IPCC's reasoning and you may
even have fun doing it! You'll also have the opportunity to discuss
the consequences, challenges and changes that you see are coming or
should be coming.<br>
<a class="moz-txt-link-freetext" href="http://climatecollage.org/">http://climatecollage.org/</a><br>
<br>
<br>
[Digging back into the internet news archive]<br>
<font size="+1"><b>On this day in the history of global warming -
May 4, 2010 </b></font><br>
<p>MSNBC's Keith Olbermann rips syndicated columnist George Will for
continuing to peddle myths about wind energy.<br>
<br>
<a class="moz-txt-link-freetext" href="http://mediamatters.org/video/2010/05/04/olbermann-names-will-krauthammer-in-worst-perso/164226">http://mediamatters.org/video/2010/05/04/olbermann-names-will-krauthammer-in-worst-perso/164226</a><br>
</p>
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