Obama and Xi Jinping announcement: a huge step for climate action? Or a backward step?

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Obama is currently a ‘lame duck’ president with a hostile senate, and approval rating that suggests a likely hood the next US president may well be a republican.

In Australia when the less conservative party took a position to take steps to address climate change, it became a call to arms for conseratives opposed to any action on climate change.  The conservatives moved from favouring an emssions trading scheme, to effectively opposing any real action.  Then the conservative won power and there was an unwinding of steps to address climate change.

Similarly in the US, Obama taking steps on climate change will almost certainly galvanise those in the republican party who are most doubful about human actiivy driving climate change.   In could become a key platform of the republicans to abandon the very plans announced by Obama.

Of course, the key stategy from Obama to avoid this is to allow the counter position that unwinding Obama’s targets could leave the republicans with a policy that suggests China is more sophisticated that the US.

The initiative by Obama in his current position IS dangerous because of the risk of a backlash, but with China on board it also could possibly work.  Which was will things go? Only time will tell.

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The economy is about consumer spending not production: Confirmed by Swiftonomics.

All economics seem to agree that the Taylor Swift Eras tour boosted the economy everywhere she went, but while it is clear that there was a boost to spending, it is not so clear people benefit beyond getting to enjoy a concert.

This is a look at whether, at least in some cases, factors that boost an economy may do nothing to increase wealth within that economy and could even reduce wealth within that economy.

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Biden-Harris, won’t cut it, but will they both take a step back for democracy and the Trump Biden rematch?

A step back for Biden would be to run for vice-president in 2024, and for Harris it would be off the ticket.

From this point on, it seems hard to argue that age will not hinder Biden’s chances of defeating Trump in 2024, and without Harris having generated sufficient enthusiasm, the Democrats really need a team refresh to take the polls.

While technically they have plenty of time, in practice to make a smooth change they are running out of time and would need the support of both Biden and Harris.

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Pressing problem: Perspective on immigration in America & other developed countries.

I just watched a video I found disturbing on CNN arguing the case that America is a better place than most American’s believe.

It was disturbing not because like everywhere else, the US has imperfections, or that America is a bad place, but because it felt like the commentor, and member of the press, was not focused on interests of the people of America but considered only commercial interests when evaluating the direction in which the country should be headed.

In looking at the instincts of the free press even in a leading country like America, there may be valuable insights is to what is wrong across the planet.

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Razors vs razorblades: An economic problem for clean energy.

A huge problem with the steps needed to stop burning fossil fuels is they save money, which means less opportunities for profit than there are with fossil fuels.

While “free razorblades” are good for the public, they are just not good for business. Renewables just lack that ongoing revenue stream since none so far profits from the supply of sun and wind. Even EVs erode ongoing revenues streams in the automotive industry and thus negatively impact the economy.

The problem is that while the economy reflects what is good for big business and tax revenues, the economy does not always reflect what is good for the people.

So, which is better, continuing with fossil fuels in order to produce ongoing revenue streams for the economy, or an economy that works for the people with systems require less consumables?

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Flawed Australian voice of Indigenous People referendum: The irony of a voice campaign that failed to listen.

A tragic lost opportunity. Why didn’t those proposing the voice make changes to remove ambiguity and eliminated enough of the negative perception to win over enough support instead of simply declaring” “No, if that is how you see it you are either racist or stupid!” Was it just that there was no willingness to listen?

Australians had an opportunity in a constitutional referendum to righteously shout loudly “I am not a racist” by voting for a proposition that, at its core, could be seen as fundamentally flawed, divisive and even potentially racist, in the hope even a risk of moving in the direction of apartheid is still better than nothing.

The referendum resulted in a huge setback for action on indigenous disadvantage and while it did seem unlikely to do anything to unify Australians and offer more than some possible affirmative action, the division resulted with even sometimes “yes” voters being encouraged to also be racist.

This is a deeper look trying to see each side from the perspective of the other, with the reality that both sides had a point, and a vast majority of people do want equality and unity.

Perhaps it little more work could bring things together and offer a fresh enough perspective to move beyond just another well-intentioned patronising racism failure like the stolen generations?

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2023: On all paths, disruption is imminent & proactive beats reactive.

The question is, do we seriously disrupt an economic system transitioning too slowly from fossil fuels, or wait until the system is disrupted by extreme weather. Most likely, we deal with a mix of both disruptions.

We are living through many trends that are unsustainable for even another decade, and while it is not certain which trend reaching its tipping point will cause the greatest disruption, the environment and rising CO2 levels will play a key role by at the latest 2033.

While some righteous environmentalists protest for everyone to embrace austerity and simply just stop burning fossil fuels, the action required is putting in place alternatives. In practice we can’t switch off without alternatives, and progress on alternatives is progressing too slowly in a failing effort to avoid disrupting economies and the establishment.

Reality is both the extreme weather events that further motivate action and those actions themselves will cause disruption, which will both combine with the disruption from AI and the collapse of economic Ponzi schemes.

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