Author Archives: Yves Smith

Beware Climate Finance Charade

Finance has increased, not reduced, greenhouse gas emissions. Yet the industry is bizarrely touted as part of the solution.

Links 10/11/2023

Why Don’t Americans Trust Scientists? Or Do They? And Why This Matters

A paper on trust in scientists with respect to climate change overeggs its data in its Abstract. Hhhm.

The Silence of the Bears – Russia Is Reorienting Towards the Arabs

Russia, which has tried to be even-handed in the Middle East, now looks to be moving into the pro-Arab camp.

In the Footsteps of Ptolemy: The ‘Science of Monetary Policy’ and the Inflation of 2021-2023

The impenetrability of this continuously expanding Ptolemaic New Keynesian monetary paradigm is maddening.

Exxon, Apple and Other Corporate Giants Will Have to Disclose All Their Emissions Under California’s New Climate Laws – That Will Have a Global Impact

An assessment of new California emissions disclosure legislation.

Links 10/10/2023

Elijah Magnier on Gaza War Risks for Israel

Elijah Magnier provides important if also troubling perspective on developments in the Gaza conflict.

EU’s Full Gas Storage Doesn’t Eliminate Supply Risks

Filling in details on how far gas storage goes in meeting EU needs over the winter, and the other measures it uses to assure supply.

Is Israel Weaker Than Widely Seen in Hamas/Palestine “War”?

If Israel is weaker in conventional military terms than widely assumed, that increases the odds of very bad outcomes.

What if UFOs Have Been a Cover for High-Tech – and Human – Defense Research Programs?

What if UFOs are a home-grown product?

The Top Ten Takeaways From Hamas’ Sneak Attack on Israel

Some initial observations about Hamas’ surprise strikes into Israel.

Links 10/7/2023

Michael Hudson: A BRICS+ Bank: How Would It Really Function?

Michael Hudson clears up some of the considerable confusion about what a new BRICS “currency” would amount to.

How U.S. Hospitals Undercut Public Health

The U.S. health care industry is one of the world’s worst polluters, causing many of the deaths it seeks to prevent.