Economics – May 26

– What’s Driving Projected Debt?
– Krugman: When Austerity Fails
– Monbiot: Cameron’s ‘green growth’ policy looks naive today. It will look cynical in 2027
– Pricing Carbon to Reduce Emissions, Create Dividends
– A legacy fund could secure the future of New Foundland and Labrador

UK Government to work with business on plans to tackle peak oil threat

Business leaders today welcomed a commitment by the Government to work with the private sector on contingency plans to protect the UK and its economy from the growing risk of rising oil prices. It follows a meeting between Chris Huhne, Secretary of State for Energy and Climate Change, and representatives from the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES). During the meeting, the Secretary of State agreed that the Department for Energy and Climate Change and ITPOES should work more closely together on peak-oil threat assessment and contingency planning.

Cancer now leading cause of death in China

Cancer is now the leading cause of death in China. Chinese Ministry of Health data implicate cancer in close to a quarter of all deaths countrywide. As is common with many countries as they industrialize, the usual plagues of poverty–infectious diseases and high infant mortality–have given way to diseases more often associated with affluence, such as heart disease, stroke, and cancer.

Addressing public concerns about wind power

CSE’s view is that wind power is a necessary part of the energy mix that is required to meet our carbon emission reduction targets and help tackle climate change. However, wind power is not appropriate everywhere, and we believe it is the duty of local communities themselves to decide where there is a place for it through engaging responsibly with the best available evidence, and through working together to assess their own locality.

Why I care about the Koch brothers more than heirloom tomatoes

“Why do you write about politics so much? Why so negative? Why not more stories on Permaculture?” are questions we sometimes get from readers on Transition Voice. And these are often followed by a statement that Transition is really about “positive actions in the local community.” I’m a fan of community canneries, local currencies and saving energy at City Hall. I’m just not ready yet to join Voltaire’s Candide in withdrawing from the world to cultivate my garden.