NewEnergyNews: THE PAULSON PIECE, PART 3

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

For MLK Day 2017

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Does Climate Change Make Nuclear A Good Idea?
  • FRIDAY WORLD HEADLINE-Who In The World Is Winning With Solar?
  • FRIDAY WORLD HEADLINE-Wind Powers Scotland Four Straight Days
  • FRIDAY WORLD HEADLINE-Will China Bust Open The Global EV Market?
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, January 12:

  • TTTA Thursday-New Energy Mandates, Part 1 - Cleaner Air and Water
  • TTTA Thursday-New Energy Mandates, Part 2 - More Jobs
  • TTTA Thursday-New Energy Mandates, Part 3 - Better Health, Less Climate Change
  • TTTA Thursday-New Energy Mandates, Part 4 - The Great Deal
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Rates That Will Grow Energy Efficiency
  • ORIGINAL REPORTING: Big Utilities Like Solar’s Future
  • ORIGINAL REPORTING: How To Grow The U.S. Electron Superhighway
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The State OF The U.S. Energy Transition, Part 1
  • QUICK NEWS, January 10: Business Shows The Right Climate Path To Trump; New Energy Dominated 2016 U.S. Power Build; Tech Giants Leading In New Energy
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Should States Or The Feds Regulate Electricity Delivery?
  • QUICK NEWS, January 9: The Whole Climate Story In One Image; The Solar Deal Keeps Getting Better; U.S. Wind To Double By 2023
  • THE LAST DAY UP HERE

  • Weekend Video: What The Bible Actually Says About Climate Change
  • Weekend Video: Google Shows The Way On New Energy
  • Weekend Video: The Secret To New Energy Success
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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • TODAY AT NewEnergyNews, January 16, 2017:

  • TODAY’S STUDY: The State OF The U.S. Energy Transition, Part 2
  • QUICK NEWS, January 16: What Would Dr. King Do About Climate Change?; U.S. To Export Natural Gas; Where Corporates Are Boosting New Energy

    Thursday, June 26, 2014

    THE PAULSON PIECE, PART 3

    The Coming Climate Crash; Lessons for Climate Change in the 2008 Recession

    Henry M. Paulson Jr., June 21, 2014 (NY Times)

    “…When I worry about risks, I worry about the biggest ones, particularly those that are difficult to predict — the ones I call small but deep holes. While odds are you will avoid them, if you do fall in one, it’s a long way down and nearly impossible to claw your way out.

    “Scientists have identified a number of these holes — potential thresholds that, once crossed, could cause sweeping, irreversible changes. They don’t know exactly when we would reach them. But they know we should do everything we can to avoid them.

    “Already, observations are catching up with years of scientific models, and the trends are not in our favor…[In] May, two separate studies discovered that one of the biggest thresholds has already been reached. The West Antarctic ice sheet has begun to melt, a process that scientists estimate may take centuries but that could eventually raise sea levels by as much as 14 feet. Now that this process has begun, there is nothing we can do to undo the underlying dynamics, which scientists say are “baked in.” And 10 years from now, will other thresholds be crossed that scientists are only now contemplating? It is true that there is uncertainty about the timing and magnitude of these risks and many others. But those who claim the science is unsettled or action is too costly are simply trying to ignore the problem. We must see the bigger picture.

    “The nature of a crisis is its unpredictability. And as we all witnessed during the financial crisis, a chain reaction of cascading failures ensued from one intertwined part of the system to the next. It’s easy to see a single part in motion. It’s not so easy to calculate the resulting domino effect.

    “That sort of contagion nearly took down the global financial system.

    “With that experience indelibly affecting my perspective, viewing climate change in terms of risk assessment and risk management makes clear to me that taking a cautiously conservative stance — that is, waiting for more information before acting — is actually taking a very radical risk. We’ll never know enough to resolve all of the uncertainties. But we know enough to recognize that we must act now…” click here for more

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