Organic Farming ‘Could Feed Africa’

Stephan: 

Organic farming offers Africa the best chance of breaking the cycle of poverty and malnutrition it has been locked in for decades, according to a major study from the United Nations to be presented today. New evidence suggests that organic practices – derided by some as a Western lifestyle fad – are delivering sharp increases in yields, improvements in the soil and a boost in the income of Africa’s small farmers who remain among the poorest people on earth. The head of the UN’s Environment Programme, Achim Steiner, said the report ‘indicates that the potential contribution of organic farming to feeding the world maybe far higher than many had supposed’. The ‘green revolution’ in agriculture in the 1960s – when the production of food caught and surpassed the needs of the global population for the first time – largely bypassed Africa. Whereas each person today has 25 per cent more food on average than they did in 1960, in Africa they have 10 per cent less. A combination of increasing population, decreasing rainfall and soil fertility and a surge in food prices has left Africa uniquely vulnerable to famine. Climate change is expected to make a bad […]

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I Made a Mistake,’ Admits Greenspan

Stephan:  So far as I know Greenspan is the only player in this drama to admit even a soupcon of guilt. It was far from a full mea culpa, but at least he took some responsibility. Most of the guilty seem to be walking away with tens or even hundreds of millions of dollars. By the time Bush leaves office this same group of vipers will have sunk their fangs into the recovery, and they will get rich once again. You can almost hear their clocks ticking as it becomes clearer and clearer that Obama is likely to win. They have to get the nests done by the 20th of January,

WASHINGTON — Alan Greenspan, the former Federal Reserve chairman, said on Thursday the credit crisis had exceeded anything he had imagined and admitted he was wrong to think that banks would protect themselves from financial market chaos. ‘I made a mistake in presuming that the self-interest of organisations, specifically banks and others, was such that they were best capable of protecting their own shareholders,’ he said. In the second of two days of tense hearings on Capitol Hill, Henry Waxman, chairman of the House of Representatives, clashed with current and former regulators and with Republicans on his own committee over blame for the financial crisis. Mr Waxman said Mr Greenspan’s Federal Reserve – along with the Securities and Exchange Commission and the US Treasury – had propagated ‘the prevailing attitude in Washington… that the market always knows best.’ Mr Waxman blamed the Fed for failing to curb aggressive lending practices, the SEC for allowing credit rating agencies to operate under lax standards and the Treasury for opposing ‘responsible oversight’ of financial derivatives. Christopher Cox, chairman of the Securities and Exchange Commission, defended himself, saying that virtually no one had foreseen the meltdown of the mortgage […]

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EPA Weakens New Lead Rule After White House Objects

Stephan:  Over the next weeks look for Cheney to oversee as much evisceration of regulation, as much ass covering as you have ever seen in your life, and has many taps into the public treasury as can be arranged, largely through the recovery. Nixon did it, Reagan did it, Bush 41 did it, and all will be as children compared to what will be attempted this time.

WASHINGTON — After the White House intervened, the Environmental Protection Agency last week weakened a rule on airborne lead standards at the last minute so that fewer polluters would have their emissions monitored. The EPA on Oct. 16 announced that it would dramatically reduce the highest acceptable amount of airborne lead from 1.5 micrograms of lead per cubic meter to 0.15 micrograms. It was the first revision of the standard since EPA set it 30 years ago. However, a close look at documents publicly available, including e-mails from the EPA to the White House Office of Management and Budget, reveal that the OMB objected to the way the EPA had determined which lead-emitting battery recycling plants and other facilities would have to be monitored. EPA documents show that until the afternoon of Oct. 15, a court-imposed deadline for issuing the revised standard, the EPA proposed to require a monitor for any facility that emitted half a ton of lead or more a year. The e-mails indicate that the White House objected, and in the early evening of Oct. 15 the EPA set the level at 1 ton a year instead. According to EPA documents, 346 […]

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Inspiration Can Be Found in Many Places, but You Need to Be Looking

Stephan: 

Successful inventors, entrepreneurs and writers say they are often asked where their big ideas came from. They will acknowledge that serendipity often plays a role. But equally as important, they say, is having an open mind - especially in tumultuous times like these. Big and small ideas are out there, they say, if you are looking for them. Consider the experience of Lopa Mehrotra, who was studying to be a political scientist. One hot summer day, she said, she was watching her 6-year-old daughter outside playing. ‘Look,’ her daughter said, as she scraped two gray rocks on stone and watched them turn white. ‘It’s magic.’ ‘I said, ‘Actually, it’s science,’ ‘ Ms. Mehrotra said recently, explaining how that moment inspired her to create TestToob.com, a social networking site that allows students to showcase scientific experiments. Jacques Heim, who founded Diavolo Dance Theater, was in Aspen with his dance company, using an elementary classroom as a dressing room. Naturally, it was full of toys, he recalled. He saw a box of blocks, including three in particular that caught his interest: identical five-sided pyramids that created a cube. ‘I was inspired by the geometry behind it,’ he […]

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New Energy Economy Emerging in the United States

Stephan:  Thanks to Sam Crespi.

As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging in the United States. The old energy economy, fueled by oil, coal, and natural gas, is being replaced by one powered by wind, solar, and geothermal energy. The transition is moving at a pace and on a scale that we could not have imagined even a year ago. Consider Texas. Long the leading oil-producing state, it is now also the leading generator of electricity from wind, having overtaken California two years ago. Texas now has nearly 6,000 megawatts of wind-generating capacity online and a staggering 39,000 megawatts in the construction and planning stages. When all this is completed, Texas will have 45,000 megawatts of wind-generating capacity (think 45 coal-fired power plants). This will more than satisfy the residential needs of the state’s 24 million people, enabling Texas to feed electricity to nearby states such as Louisiana and Mississippi. After Texas and California, the other leaders among the 30 states with commercial-scale […]

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