NewEnergyNews: THE PAULSON PIECE, PART 3

NewEnergyNews

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

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Al Gore On The Morality Of The Climate Fight
  • FRIDAY WORLD HEADLINE-Solar In Latin America Can Boom
  • FRIDAY WORLD HEADLINE-Scotland Buys Into Kite Wind
  • FRIDAY WORLD HEADLINE-Tesla Eyes The China EV Market
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, June 22:

  • TTTA Thursday-What Does Exxon’s Carbon Tax Mean?
  • TTTA Thursday-The Rump Flails Factlessly At Wind
  • TTTA Thursday-New Energy To Get Bigger And Cheaper
  • TTTA Thursday-EVs To Be Cost-Competitive By 2025
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: The Big Bonus From Plugging Cars In
  • ORIGINAL REPORTING: What About Nuclear?
  • ORIGINAL REPORTING: A Renewables Mandate To Beat The Peak
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: Global New Energy Now
  • QUICK NEWS, June 20: What Power Mix Will Beat Climate Change (Part 1)?; What Power Mix Will Beat Climate Change (Part 2)?; New Energy Is NO Threat To U.S, Grid
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Why The U.S. Needs A Western Energy Market
  • QUICK NEWS, June 19: More Artists Join The Climate Fight; U.S. Power Just Hit 10% Wind And Solar; The Dangers Of Oil And Gas Drilling, Detailed
  • THE LAST DAY UP HERE

  • Weekend Video: Bill Maher Talks Jobs In Coal And The Real Problem
  • Weekend Video: A Farmer Defends WindPower
  • Weekend Video: The Secret To EV Success Is Charging Stations
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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.

  • ---------------
  • WEEKEND VIDEOS, June 24-25:

  • Al Franken Explains Climate Science To Secretary Perry
  • John Oliver On Coal Jobs Absurdishness
  • Coal King Sues John Oliver For Defamation

    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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