Category Archives: Species loss

Video: The Bankers as the Enemy of Humanity

This video is stunning, in that it is a very articulate and well done rant that will resonate with many readers. The fact that it appeared on Karl Denninger’s site (hat tip reader Scott, Denninger’s been very critical of the TBTF banks) is an indication that the level of frustration with the major banks’ refusal to take responsibility for wrecking the global economy and their efforts to preserve their ability to loot is moving to a new level.

Get Ready for TARP 2.0

Washington DC appears to be readying itself for a repeat of the TARP, namely, the passage of unpopular legislation to appease the Market Gods (and transfer even more income from ordinary Americans to the Masters of the Universe). It isn’t yet clear whether this drama will be played out via generating bona fide financial market upheaval or mere threat-mongering (the Treasury market seems pretty confident that well-trained Congresscritters will fall into line). But unlike the TARP, which was a classic example of well-placed interests finding opportunity in the midst of upheaval, this reprise is a far more calculated affair.

What to Make of Banks’ Hesitance to Lend to Environmentally Dubious Projects

The New York Times reports on a welcome development: some banks are getting cold feet about lending to projects that are legal but still produce environmental damage: After years of legal entanglements arising from environmental messes and increased scrutiny of banks that finance the dirtiest industries, several large commercial lenders are taking a stand on […]

Is BP Rejecting Skimmers to Save Costs?

Readers may recall that we harped on BP’s refusal to try to contain oil around the site of the leak, and later, its failure to do proper booming to contain and remove oil and so reduce the amount that came ashore (note that the US also failed abjectly as a second line of defense; the […]

Concerns About BP Relief Well Success Rise Along With Evidence of Chemical Damage, Spread of Oil

The Financial Times highlights a concern we had raised early on about the effort by BP to drill a relief well to stop the flow of oil into the Gulf. While many analysts have acted as if the BP forecast, that the well would be completed by August, there is no reason to assume the […]

It’s Official: Gulf “Top Kill” Fails

From the Washington Post, as foretold earlier by George Washington: BP Chief Operating Officer Doug Suttles said the company determined the “top kill” method had failed after studying it for three days. The method involved pumping heavy drilling mud into a crippled well 5,000 feet underwater. “We have not been able to stop the flow,” […]

Why is the Deepwater Horizon Oil Spill an Information Dead Zone?

It isn’t hard to see that the lack of decent information about how serious the Deepwater Horizon oil spill is is almost certainly due to obfuscation on the part of BP. The puzzling part is how BP can fantasize that it ultimately gains from this conduct, and why the Obama Administration tolerates it. The frustration […]

India Defies Monsanto, Says No to GMO Crops

We’ve followed the story of the slow but increasing and badly needed pushback against Monsanto’s predatory business practices, which force farmers to buy Monsanto seed annually, rather than re-use it. Worse, Monsanto seed has been genetically engineered so as to require the use of Monsanto herbicides and fertilizers. And with (until recently) the seeds patent […]

Stop Eating Tuna

I saw this story yesterday on the BBC, which reports on the danger of collapse of bluefin tuna stocks, and didn’t cover it then because I thought it was the sort of thing that would get plenty of media attention. The fact that the not-terribly-environmentally-minded US is supporting a 3-5 year ban on tuna fishing […]

New York Times: What Didn’t Make It Into the Final IPCC Report

The fourth and final installment of the Intergovernmental Panel on Climate Change’s fourth, summary report is to be released later today. As with earlier versions, certain elements have already been passed on to the press, but there seems to be far less anticipatory chatter than with the previous installments. I hope this isn’t a sign […]

A Wee Bit of Good Environmental News

This blog generally features less than cheery news on the environment/species loss/global warming front, mainly because there isn’t a hell of a lot positive to report. So we wanted to pass along a wee positive development about wee creatures, namely frogs. As readers may know, frog populations have been falling, and one of the culprits […]

One Third of Primates at Risk of Extinction

A report by the World Conservation Society reports that one third of the world’s primates are under threat of extinction due to habitat loss and being hunted for food and use in medicines. Twenty-five species are particularly imperiled. As the BBC tells us: The report focuses on the fate of the world’s 25 most endangered […]

Higher Temperatures Linked to Mass Extinctions

Human activity has led to a considerable loss of species, and more is in the offing. But what is particularly alarming is that the scientists quoted in the Associated Press and on the BBC today see it coming in mere decades. The discovery is that hotter, wetter periods on this planet are associated with a […]

Arctic Walruses Displaced by Polar Ice Retreat

More disheartening news on the global warming front: Arctic walruses have moved from their customary ice sheet habitat to the rocky Alaskan Northwest coast, raising fears that their new foraging grounds won’t provide sufficient food. From the Associated Press viaPnysOrg: Thousands of walrus have appeared on Alaska’s northwest coast in what conservationists are calling a […]