<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class=""><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://news.google.com/articles/CBMid2h0dHBzOi8vd3d3LnRoZWd1YXJkaWFuLmNvbS9lbnZpcm9ubWVudC8yMDIwL3NlcC8yMS9tZWV0LXRoZS1kb29tZXJzLXNvbWUteW91bmctdXMtdm90ZXJzLWhhdmUtZ2l2ZW4tdXAtaG9wZS1vbi1jbGltYXRl0gF3aHR0cHM6Ly9hbXAudGhlZ3VhcmRpYW4uY29tL2Vudmlyb25tZW50LzIwMjAvc2VwLzIxL21lZXQtdGhlLWRvb21lcnMtc29tZS15b3VuZy11cy12b3RlcnMtaGF2ZS1naXZlbi11cC1ob3BlLW9uLWNsaW1hdGU?hl=en-US&gl=US&ceid=US%3Aen" class="">Meet the doomers: why some young US voters have given up hope on climate</a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(32, 33, 36); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Politically active young people are often championed as the Earth's great hope to reverse the climate crisis – but many believe we've already passed the tipping ...</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(32, 33, 36); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The Guardian</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(32, 33, 36); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">7 hours ago</span></div><div style="margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica; background-color: rgb(255, 255, 255); min-height: 14px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class="">=============================================</div><div style="margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica; background-color: rgb(255, 255, 255); min-height: 14px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“A group of researchers, led by a UNSW sustainability scientist, have reviewed existing academic discussions on the link between wealth, economy and associated impacts, reaching a clear conclusion: technology will only get us so far when working towards sustainability - we need far-reaching lifestyle changes and different economic paradigms.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“In their review, published in <i class="">Nature Communications</i><b class=""> [ OPEN ACCESS pdf ]</b> <<<a href="https://www.nature.com/articles/s41467-020-16941-y.pdf" class=""><span style="-webkit-font-kerning: none; color: rgb(17, 85, 204);" class="">https://www.nature.com/articles/s41467-020-16941-y.pdf</span></a>>> and titled “Scientists' Warning on Affluence,”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">"It's all the stuff we consume and the environmental destruction embodied in that stuff that forms the iceberg's submerged part. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“Unfortunately, once we understand this, the implications for our lifestyle are often so confronting that denial kicks in."</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Bloomberg March 19, 2019</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Climate Challenge Will Be Harder Than It Seems, JPMorgan Executive Warns</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">CHRISTOPHER FLAVELLE </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #444443" class=""><<<a href="https://www.bloomberg.com/news/articles/2019-03-19/climate-challenge-harder-than-it-seems-jpmorgan-executive-warns" class=""><span style="-webkit-font-kerning: none; color: rgb(0, 0, 238);" class="">https://www.bloomberg.com/news/articles/2019-03-19/climate-challenge-harder-than-it-seems-jpmorgan-executive-warns</span></a>>></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(165, 167, 174); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Excerpts : The world isn’t cutting carbon emissions anywhere near quickly enough, a senior executive at <a href="https://www.bloomberg.com/quote/0215978D:US" class=""><span style="-webkit-font-kerning: none; color: rgb(17, 85, 204);" class="">J.P. Morgan Asset Management</span></a> told clients this week -- and changing that will require far harder choices than most people realize.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The message to investors, Cembalest said, is not that cutting emissions is hopeless. Rather, it’s that the U.S. and other countries will need to accept much more sweeping – and likely politically unpopular -- changes to reach that goal.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(34, 34, 34); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“Reduced consumption is going to have to be a part of the equation,” Cembalest said.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“I think more sacrifices are going to be needed than people still understand.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Financial Times - March 28, 2018</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://www.ft.com/reports" class=""><b class="">Special Report</b><span style="-webkit-font-kerning: none;" class=""><b class=""></b></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">How to make a carbon pricing system work</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://www.ft.com/martin-wolf" class="">MARTIN WOLF<span style="-webkit-font-kerning: none;" class=""></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(153, 15, 61); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #990f3d" class=""><<<a href="https://www.ft.com/content/2d9490f2-1291-11e8-a765-993b2440bd73" class=""><span style="-webkit-font-kerning: none; color: rgb(0, 0, 238);" class="">https://www.ft.com/content/2d9490f2-1291-11e8-a765-993b2440bd73</span></a>>></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(153, 15, 61); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">1st 2 sentencess</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(153, 15, 61); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 48, 46); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“Carbon pricing is a good idea whose time has not yet come. But it has to do so. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 48, 46); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 48, 46); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">Closing 2 sentences</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 48, 46); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #33302e" class="">“</span><span style="font-kerning: none" class="">The chances are high that the effort will fail. If so, our goose will be cooked.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #990f3d" class=""><<<a href="https://www.ft.com/content/2d9490f2-1291-11e8-a765-993b2440bd73" class=""><span style="-webkit-font-kerning: none; color: rgb(0, 0, 238);" class="">https://www.ft.com/content/2d9490f2-1291-11e8-a765-993b2440bd73</span></a>>></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Proceedings of the National Academy of Sciences first published November 7, 2019.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://doi.org/10.1073/pnas.1917051116" class="">https://doi.org/10.1073/pnas.1917051116<span style="-webkit-font-kerning: none;" class=""></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">Excerpts : </b>The emission of greenhouse gases into Earth’s atmosphere is a by-product of modern marvels such as the production of vast amounts of energy, heating and cooling inhospitable environments to be amenable to human existence, and traveling great distances faster than our saddle-sore ancestors ever dreamed possible. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">However,<b class=""> </b>these luxuries come at a price: climate changes in the form of severe droughts, extreme precipitation and temperatures, increased frequency of flooding in coastal cities, global warming, and sea-level rise (1, 2). </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">This is the price we pay for the<b class=""> </b>luxury of about 200 y of relatively unchecked greenhouse gas emissions.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“Consumer expectations of ever-higher living standards were fuelled by more lenient and readily available bank lending, …. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“Social status and identity became closely associated with consumption, in particular with the concept of luxury. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">"Identifying oneself with the good life meant being able to live beyond traditional understandings of basic needs. Debt was the price one paid for the joys of being part of a hedonistic consumer culture.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Kenneth Dyson. The Morality of Debt. Foreign Affairs. May 3, 2015</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://www.foreignaffairs.com/articles/2015-05-03/morality-debt" class="">https://www.foreignaffairs.com/articles/2015-05-03/morality-debt<span style="-webkit-font-kerning: none;" class=""></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><i class="">The Meaning of Things : Domestic symbols and the self. </i>Mihaly Czikszentmihalyi & Eugene Rochberg-Halton. 1981. Cambridge University Press</div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><b class="">Excerpts : </b>“The point is that a habit of consumption can become an end in itself, feeding on its autonomous necessity to possess more things, to control more status, to use more energy.” p. 231</div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class="">“The prognosis is not very bright, given that our goals and institutions are now geared to maximize each person’s drive to consume.”</div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class="">“The most basic change needed to turn things around is a change in the meaning we derive from possession of goods and energy.” p. 232</div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 0, 153); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><a href="https://www.economicsonline.co.uk/Competitive_markets/Consumer_demand.html" class=""><b class="">Consumer demand - Definition </b><span style="font-kerning: none; color: #660099" class=""><b class=""></b></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(32, 33, 36); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><a href="https://www.economicsonline.co.uk/Competitive_markets/Consumer_demand.html" class="">www.economicsonline.co.uk<span style="font-kerning: none; color: #5f6368" class=""> › Competitive_markets</span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(77, 81, 86); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #5f6368" class="">Consumer demand</span><span style="font-kerning: none" class=""> is the willingness and ability of consumers to purchase a quantity of products in a given period of time, or at a given point in time.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 0, 153); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><a href="https://www.investopedia.com/terms/d/demand.asp" class=""><b class="">Demand Definition </b><span style="font-kerning: none; color: #660099" class=""><b class=""></b></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(95, 99, 104); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #202124" class=""><a href="https://www.investopedia.com/terms/d/demand.asp" class="">www.investopedia.com<span style="font-kerning: none; color: #5f6368" class=""> › Economics › Microeconomics</span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(77, 81, 86); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #70757a" class="">Jun 25, 2019 - </span><span style="font-kerning: none; color: #5f6368" class="">Demand</span><span style="font-kerning: none" class=""> is an economic principle that describes </span><span style="font-kerning: none; color: #5f6368" class="">consumer</span><span style="font-kerning: none" class=""> ... Market </span><span style="font-kerning: none; color: #5f6368" class="">demand</span><span style="font-kerning: none" class=""> is the total quantity demanded across all </span><span style="font-kerning: none; color: #5f6368" class="">consumers</span><span style="font-kerning: none" class=""> in a market ...</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“The ecological systems upon which humans rely for life support are in crisis, and human behavior is the root cause.”</span></div><p style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""> </span><br class="webkit-block-placeholder"></p><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Elise Amel, Christie Manning, Britain Scott, Susan Koger</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Beyond the Roots of Human Inaction. Science 21 April 2017</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(68, 68, 67); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">"The big challenge is still to deliver emissions reductions at the pace and scale needed, especially in a world where economies are driven by consumption.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Sonja van Renssen.The inconvenient truth of failed climate policies. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Nature Climate Change MAY 2018</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><<<a href="https://doi.org/10.1038/s41558-018-0155-4" class="">https://doi.org/10.1038/s41558-018-0155-4</a>>> </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">"An ecologist must either harden his shell and make believe that the consequences of science are none of his business, or he must be the doctor who sees the marks of death in a community that believes itself well </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">and does not want to be told otherwise.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Aldo Leopold</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">A Sand County Almanac</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://www.resilience.org/stories/2020-05-20/from-energy-transition-to-energy-reduction/" class=""><b class="">From Energy Transition to Energy Reduction</b><span style="-webkit-font-kerning: none;" class=""><b class=""></b></span></a></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(17, 17, 17); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">By Chris Smaje</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(17, 17, 17); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Excerpt : My request to those working in the renewable energy industry is to ask themselves before undertaking any new project: “Will this help people to live a lower energy lifestyle than they previously did?” – which, regrettably, is not something we can say of the low carbon energy installed globally to date. If they can’t answer yes to the question, I’d request they dump the project and seek another one. It’s urgent.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(17, 17, 17); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #111111" class=""><<<a href="https://www.resilience.org/stories/2020-05-20/from-energy-transition-to-energy-reduction/" class=""><span style="-webkit-font-kerning: none; color: rgb(0, 0, 238);" class="">https://www.resilience.org/stories/2020-05-20/from-energy-transition-to-energy-reduction/</span></a>>>2020</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“What we are witnessing is a temper tantrum against the mere suggestion that there are limits to what we can consume.” </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Naomi Klein</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><<<a href="https://theintercept.com/2019/09/15/trump-straws-plastic/" class="">https://theintercept.com/2019/09/15/trump-straws-plastic/</a>>></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“The American way of life is not negotiable.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">George H. W. Bush. 1992</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">"We are not able even to think adequately about the behavior that is at the annihilating edge."</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">R. D. Laing, M.D. Introduction, The Politics of Experience. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">1967, New York. Pantheon Books, a division of Random House</span></div><div style="margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; background-color: rgb(255, 255, 255); min-height: 15px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; background-color: rgb(255, 255, 255); min-height: 15px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class="">===============================</div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">To: US Senator Steve Daines</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">From : Lance Olsen</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Subject : Economic and capital risk</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Date : July 25, 2019</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Dear Senator Daines</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">I feel pretty safe in assuming that you, as a Republican, stand </span><span style="font-kerning: none; background-color: #fffb00" class=""><b class="">publicly </b></span><span style="font-kerning: none" class="">as a guardian of the economy, and as a defender of capital. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Given these concerns, you’ve likely heard of the capital investments firms forming an alliance based on their shared concerns about the economy and capital. </span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">You likely know already that, at the time of their joint statement as of December 2018, 415 capital investment firms had signed on. You may also know that, together, their concerns span across capital assets that may be worth more money than twice the value of China’s entire economy.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">It seems a pretty safe bet that, when this interesting new alliance of capital investors issued its statement of last December, word of it worked its way around Washington.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Concerned for the safety of investment capital, the 415 firms, now allied as the new Institutional Investors Group on Climate Change, has begun a campaign asking that governments<b class=""> 1-</b> cease subsidy of fossil fuels, and <b class="">2 -</b> initiate a price on carbon. They also called for <b class="">3 -</b> corporations to disclose their own exposure to risk associated with fossil fuels and the atmosphere’s carbon problem.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">I’d be interested in your perspective on this matter.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Lance Olsen</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">===========================</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The Wall Street Journal Sept 9, 2020</span></div>
<ul style="list-style-type: none" class="">
<li style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 105, 217); background-color: rgb(255, 255, 255);" class=""><span style="text-decoration: underline ; font-kerning: none" class=""><a href="https://www.wsj.com/news/politics?mod=breadcrumb" class="">POLITICS<span style="-webkit-font-kerning: none;" class=""></span></a></span></li>
</ul><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">Climate Change Poses Major Risk to Financial Stability, Report Finds</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 102, 102); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">Study commissioned by commodity futures regulator calls for<b class=""> better pricing of carbon emissions</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(102, 102, 102); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The report, which says climate change could disrupt ‘the proper functioning of financial markets,’ is the first of its kind from a federal financial regulator.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 128, 195); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none; color: #333333" class=""><i class="">By </i></span><span style="text-decoration: underline ; font-kerning: none" class=""><i class="">Andrew Ackerman</i></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><b class="">Excerpts</b></span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">WASHINGTON—Climate change poses a major risk to the stability of the U.S. financial system and requires aggressive action from Washington policy makers, according to a report from <a href="https://www.wsj.com/articles/the-former-goldman-quant-taking-on-climate-change-11588959868" class=""><span style="-webkit-font-kerning: none;" class="">an advisory panel</span></a> to the top U.S. commodities regulator released on Wednesday.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“As we’ve seen in the past few weeks alone, extreme weather events continue to sweep the nation from the severe wildfires of the West to the devastating Midwest derecho and damaging Gulf Coast hurricanes,” said Rostin Behnam, a Democratic CFTC commissioner who sponsors the advisory panel responsible for the report. “This trend—which is increasingly becoming our new normal—will likely continue to worsen in frequency and intensity as a result of a changing climate.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The report said that “climate change is expected to affect multiple sectors, geographies, and assets in the United States, sometimes simultaneously and within a relatively short time frame.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">The report found that putting an economywide <b class="">price</b> on carbon would be the most efficient way to reduce greenhouse-gas emissions, but it acknowledged pricing carbon is beyond the remit of financial regulators and is up to Congress to implement.</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“Financial markets today are not pricing climate risk,” wrote Bob Litterman, the chairman of the subcommittee that produced the report and a former <a href="https://www.wsj.com/market-data/quotes/GS" class=""><span style="-webkit-font-kerning: none;" class="">Goldman Sachs Group</span></a> Inc. executive. “The financial markets cannot do that on their own. Until this fundamental flaw is fixed, capital will flow in the wrong direction.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(255, 38, 0); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">==============================</span></div><p style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""> </span><br class="webkit-block-placeholder"></p><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(51, 51, 51); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class="">“This buck stops everywhere.”</span></div><div style="margin: 0px; font-stretch: normal; line-height: normal; background-color: rgb(255, 255, 255); min-height: 17px;" class=""><span style="font-kerning: none" class=""></span><br class=""></div><div style="margin: 0px; font-stretch: normal; line-height: normal; color: rgb(0, 0, 238); background-color: rgb(255, 255, 255);" class=""><span style="font-kerning: none" class=""><<<a href="https://www.counterpunch.org/2018/06/25/caught-in-a-trap-of-our-own-making-climate-change-blame-and-denial/" class=""><span style="-webkit-font-kerning: none; color: rgb(0, 0, 238);" class="">https://www.counterpunch.org/2018/06/25/caught-in-a-trap-of-our-own-making-climate-change-blame-and-denial/</span></a>>></span></div><div class=""><br class="Apple-interchange-newline"><br class="Apple-interchange-newline">
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