On 29 March this year[1,2], if nothing else changes, the UK will leave the European Union under the terms of Article 50. Unsurprisingly, lots of scenarios are being scripted, but the one I see as most likely doesn’t seem to be among them.
The Voyager 2 spacecraft has just passed through the heliopause and into interstellar space, forty years after it was launched.
A new sandpit for long side discussions, conspiracy theories, idees fixes and so on.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
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The market price of Bitcoin and other cryptocurrencies is plummeting, having dropped by 10 per cent just today, and 50 per cent over the past month. The bubble that reached maximum expansion a year ago is gradually deflating.
This story about the four-hour abalone fishing season in WA is reminiscent of a number of similar cases discussed in my soon-to-be-published book, Economics in Two Lessons (extract over the fold).
Carbon dioxide emissions rose strongly last year after several years of a near plateau. It appears that the main factor was increased use of oil, mainly as motor fuel. I’ll try to do a more detailed analysis later, but the central element of the required response is obvious. Just like coal-fired power stations, petrol-driven motor cars need to be phased out, as quickly as possible.
A week ago, I was speaking at a Royal Society of NSW Forum on the topic “Getting climate policy back on track” when the news came through that Adani had announced a start to the Carmichael mine “before Christmas”, funded from the company’s own reserves. With Christmas now less than three weeks away, where do things stand?
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
If you would like to receive my (hopefully) regular email news, please sign up using the following link
http://eepurl.com/dAv6sX
The long-running Brexit fiasco has overshadowed most news coming out of the United Kingdom these days. It’s not surprising, therefore, that hardly any attention was paid to news that may be of more long-term economic significance to Australia, and to the current crisis of neoliberalism, than a rearrangement of relations between the UK and the European Union.