[MCN] Another footnote on the outlook for sustainable logging

[Lance Olsen]

"Š studies compiled here suggest that at least 
some of the world's forested ecosystems already 
may be responding to climate change and raise 
concern that forests may become increasingly 
vulnerable to higher background tree mortality 
rates and die-off in response to future warming 
and drought, even in environments that are not 
normally considered water-limited. Š. Overall, 
our review reveals the potential for amplified 
tree mortality due to drought and heat in forests 
worldwide."

Craig D. Allen, Alison K. Macalady, Haroun 
Chenchouni, Dominique Bachelet et al.  A global 
overview of drought and heat-induced tree 
mortality reveals emerging climate change risks 
for forests. Forest Ecology and Management 259 
(2010) 660-684   doi:10.1016/j.foreco.2009.09.001







-- 
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"I know no safe depository of the ultimate powers 
of the society but the people themselves; and if 
we think them not enlightened enough to exercise 
their control with a wholesome discretion, the 
remedy is not to take it from them, but to inform 
their discretion."  Thomas Jefferson, September 
28, 1820
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
In his August 12, 1996 article for Barron's, 
"Thriving Malaysia Propels an Office-Tower Boom 
In Its Biggest City, and You Know What Follows a 
Boom," Steven Bergman wrote "On the other hand, 
maybe when Malaysia's prime minister spoke about 
transforming the country into a developed nation, 
he meant that it really had to suffer through a 
deep real-estate recession, like those 
experienced by the U.S. and the U.K."
****************************************************************************************************
In his 1998 book, The Crisis of Global 
Capitalism,  George Soros says, "Construction is 
notorious for its boom/bust character and after 
each bust bank managers become very cautious and 
resolve never to become so exposed again. But 
when they are again awash in liquidity and 
desperate to put money to work, a new cycle 
begins."
*************************************************************************************************
"I have simply tended to be negative about 
booms," investments guru Marc Faber told Asiaweek 
magazine in a February 2001 interview, because 
booms "easily turn into bubbles that become 
bigger and go bust." 
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In a July, 2001 editorial, The Economist said 
that "It is no coincidence that the deepest and 
most protracted recessions in recent decades have 
taken hold in countries that experienced booms 
..." 
---------------------------------------------------------------------------------------------------------------------------------
That same month, Barron's columnist Gene Epstein 
said that easy money "helps bring boom and bust 
in the first place" by making money available to 
"unsustainable projects."
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"Bank panics invariably reveal the poor quality 
of lending that accompanied the preceding boom."
Edward Chancellor "Panic passes but the causes remain"
Financial Times, October 14 2008
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"Housing markets are notoriously prone to boom 
and bust. Š.. After a big boom, the housing bust 
will be a wrenching affair."
The Economist, Boom and Gloom. May 18, 2013

I'm open to suggestions for a quote, from an 
equivalent source, on the status of the shale 
fuels booms. LO







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