27 December 2016, The Conversation, Universal basic income: the dangerous idea of 2016. The resurrection of universal basic income (UBI) proposals in the developed world this year gained support from some prominent Australians. But while good in theory, it’s no panacea for the challenges of our modern economy. UBI proposals centre on the idea that the government would pay a flat fee to every adult citizen, regardless of his or her engagement in skill-building activities or the paid labour market, as a partial or complete substitute for existing social security and welfare programs. Of the schemes run in developing places like Kenya, Uganda, and India, some have been evaluated statistically, delivering some evidence of positive impacts on educational investments, entrepreneurship, and earnings. In the developed world, Canada is trialling a UBI scheme. Finland also just rolled out a UBI trial, involving about 10,000 recipients for two years and costing about A$40 million. While Switzerland’s voters just rejected a UBI proposal via referendum, a similar proposal is presently looking like a goer for Utrecht in the Netherlands. Here in Australia, it has been suggested the government might hand out somewhere between A$10,000 and A$25,000 a year to every man and woman. Can we afford it? There are two big questions to ask before taking a UBI proposal seriously, and the first is the most obvious one: where would the money come from to pay for it? The present Australian welfare system (excluding the Medicare bill of A$25 billion) costs around A$170 billion per annum. Our GDP is around A$1.7 trillion per year, so this welfare bill is about 10% of annual GDP. Read More here
Yearly Archives: 2016
26 December 2016, Climate News Network, Online calculator cuts farms’ emissions. An internet tool is now available that helps to quantify and control farms’ greenhouse emissions released during the crop production cycle. It’s called the Cool Farm Tool (CFT) – an easy-to-use online calculator that helps farmers monitor their emissions of greenhouse gases. Agriculture accounts for about 15% of total global greenhouse gas emissions, though when fertiliser manufacture and use and the overall food processing sector are included in calculations, that figure is considerably higher. The land can also act as a vital carbon sink, soaking up or sequestering vast amounts of carbon: when soils are disturbed the carbon is released, adding to greenhouse gases in the atmosphere. The CFT was initially developed by researchers at the University of Aberdeen in the UK in partnership with Unilever and the Sustainable Food Lab. Now managed by a group including academics and food manufacturers called the Cool Farm Alliance, the CFT is free for farmers to download. Various details, including the crops being planted, soil types and pH levels (the relative acidity or alkalinity of the land), are entered into a series of boxes. Moisture levels, amounts and types of fertiliser used and general management details are also entered, along with information on quantities of diesel and electricity used in the cultivation and storage of crops and the fuel needed to transport goods on and off the farm. Halving emissions In 2010 PepsiCo, the drinks and food conglomerate, launched a programme aimed at making its operations more environmentally friendly. In particular it sought to halve the amount of greenhouse gas emissions and water use arising from production at its Walkers Crisps factory at Leicester in the UK – the largest such plant in the world, producing five million packets of crisps (known as potato chips in the US) every day. A central part of the PepsiCo project involved encouraging its potato suppliers to farm more sustainably through the use of the CFT and by using other devices to monitor and cut back on water use. New potato varieties with improved yields were also introduced. Within six years, the goal of halving carbon emissions and achieving a 50% reduction in water use was reached. Read More here
22 December 2016, The Guardian, Adani coalmine ‘covertly funded’ by World Bank, says report. Adani’s Carmichael mine has been “covertly funded” by the World Bank through a private arm that is supposed to back “sustainable development”, according to a US-based human rights organisation. Adani Enterprises acquired exploration rights for Australia’s largest proposed coalmine in 2010 with a US$250m loan from banks including India’s ICICI, which was in turn bankrolled by the World Bank’s private sector arm, the International Finance Corporation, a report by Inclusive Development International says. The report accuses the World Bank of using “back channels” to conceal its support for a company that “would have little chance of receiving direct assistance from the IFC”, which has a “mandate for sustainable development”. ICICI was among six Indian banks that received US$520m from the IFC between 2005 and 2014. This means the World Bank has exposure to the contentious Carmichael project, from which a growing number of Australian and overseas banks are shying away. Adani acquired the exploration rights from Linc Energy, which has since folded and is facing criminal charges over Queensland’s largest pollution scandal. There is divided public opinion in Australia over the prospect of a taxpayer-funded loan of up to $1.1bn for the rail portion of the Carmichael project. Adani’s loan application to the Australian government’s Northern Australia Infrastructure Facility has conditional approval, but questions persist about its eligibility, and the issue of taxpayers lending to a project held by corporate structures linked to the Cayman Islands tax haven. The Adani group is also embroiled in several Indian criminal investigations into possible fraud and corruption, including the alleged siphoning of money offshore through an invoicing rort and the alleged profiteering on imported coal through inflated valuations. Read More here
21 December 2016, Climate Central, The U.S. Has Been Overwhelmingly Hot This Year. In a politically divisive year, there’s been one tie that has bound most of the U.S. together. We all live in the United States of Warming (USW! USW! USW!). In all likelihood, the U.S. is going to have its second-hottest year on record, trailing only 2012. Every state is slated to have a top 10 warmest year and even at the city level, unrelenting warmth has been the main story in 2016. Climate Central conducted an analysis of more than 1,730 weather stations across the Lower 48 that include daily temperature data up until Dec. 15. A paltry 2 percent are having a colder-than-normal year. That leaves 98 percent running above normal. Not only that, 10 percent of those weather stations are having their hottest year on record. Those record-hot places can be found from coast to coast. They include medium-sized cities like Asheville, N.C., Modesto, Calif., and Flint, Mich., as well as lesser-known locales like Neosho, Mo., Callahan, Calif., and Climax, Colo. While some of the heat was driven by the super El Niño earlier this year, that alone doesn’t explain all the records being set, particularly in the latter half of the year after El Niño faded. Climate change has caused the U.S. average temperature to increase about 1.5°F since the 1880s. Read More here and to access graphics