Game Over For The Climate?
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The Sky is Pink – Josh Fox’s new fracking film (GASLAND in 18 mins)
| As we await the verdict on the Llandow Test Drilling Public Inquiry, here is a timely reminder of some of the key issues.
It focuses on the misinformation and lobbying undertaken by the Gas Industry in the US, but has plenty of relevance to us here in the UK. I urge you all to watch it and share it: |
Shock horror! David Cameron speaks truth!!!
| This video is from the multimedia stand-up poetry stage show ‘Pete (the Temp) Verses Climate Change!’. All words are taken from speeches made by UK Premier David Cameron in the immediate aftermath of the UK riots.
It is amazing how much truth he can speak, when it is properly contextualised! Video link: http://vimeo.com/43463474 |
Putting an individual through university generates £227k for the economy
| I have always been a firm believer that investing in education reaps many benefits. A better-educated society is a more tolerant one and people with an education are less likely to be involved with crime or be a drain on the countrys benefits system.
A report released today from the Institute for Public Policy and Research (IPPR), commissioned by the University and College Union (UCU), makes a compelling case for education from an economic perspective. The report – Further Higher? Tertiary education and growth in the UKs new economy shows that putting an individual through A-levels and university generates a £227,000 net gain for the economy. For an investment of £5,000 the net return to the exchequer from someone who gains A-Levels is £47,000. A degree is worth an additional £180,000 to the Treasury from just a £19,000 state investment. This should make Nick Clegg all the more ashamed of caving in on this issue, but perhaps he can use these findings as leverage for yet another Government U-turn; after all it these sort purely financial arguments that have any chance of resonating with his Tory chums. |
Making sense of the National Debt (and associated ideas)
| (Based on http://labourlist.org/2011/04/to-whom-do-we-owe-this-money-exactly/)
I have just been looking at the BBC piece Who owns the UKs debt by Anthony Reuben (http://news.BBC.co.UK/1/hi/business/8530150.stm). Reuben explains: In the case of the country as a whole, the way it borrows money is by issuing gilts, which are IOUs, promising to repay an amount of money on a particular date and a specified interest rate until then. These gilts are issued and auctioned by the ODM (Office of Debt Management at the Treasury). So tracing who buys them, should reveal who owns our debt. Here you are:
So, the majority are owned by financial institutions. And more particularly, there is a huge spike in the purchase of gilts by Banks around the time when the country was putting itself in more debt by the single, highest amount in living memory. In order to underwrite the Banks liabilities and bail-out and stabilise the sector. So, the UK was borrowing money, in the name of ordinary taxpayers, FROM THE BANKS in order to stabilise THE BANKS. But surely, surely- surely not the actual banks that we were bailing out Lloyds Banking Groups Report and Accounts for 2010, state that the company has been buying government gilts increasingly, to cover its pension and benefit obligations. Their Liquidity and Funding Risk statement from the same year states clearly that Primary liquidity assets are FSA eligible liquid assets including UK Gilts, US Treasuries, Euro AAA government debt and unencumbered cash balances held at central banks. The RBS Report and Accounts for 2010 states that their figures include an £18.0 billion increase in the gilt liquidity portfolio. On page 291 of the same document they confirm that this includes UK gilts. THIS REALLY TAKES SOME ABSORBING – ARE WE REALLY THIS STUPID? YOU HAD BETTER BELIEVE IT. This ridiculous situation is bleeding us dry and the only winners are the financiers!! The answers, although never simple, can include some staggeringly straightforward tried-and tested ideas. Over to my favourite Green economist, Molly Scott Cato: “Repudiating Odious Debt (http://www.greenconduct.com/articles/2011/07/14/repudiating-odious-debt/) The frustrating reality of the situation we face in this unwarranted Age of Austerity is the difficulty of turning the anger against the banks and the unwillingness to pay for their corporate corruption into meaningful political action. While it seems unglamorous the answer may be to establish a national Audit Committee. The story is told in a film called Debtocracy, whose main focus of attention is the debt situation in Greece, where a national Audit Committee has been established. The idea has now spread to Ireland. Exploring the sources of and responsibility for national debt can help to shift the violence in the streets towards a quasi-judicial process and may help to focus political anger, but as London-based economist Costas Lapavitsas makes clear in the film, these are political rather than economic or legal decisions. The film also helpfully resuscitates the concept of odious debt, created by the US in the 19th century to enable it to repudiate the debts it inherited from Spain when it conquered Cuba. It used a similar legal wheeze to renege on Iraqs debts after the 2003 invasion, although it kept this quiet for obvious reasons.” Another element of the way forward is eliminate the massive Ponzi scheme that is Fractional Reserve banking. https://bridgendgreens.wordpress.com/2011/11/05/food-for-thought-on-the-debt-crisis/ This will all be painful to some extent, but we need to manage the pain and protect the vulnerable during the transitional period; as opposed to the current policies that simply slash and burn their way through the quality of life of the poorer segments of society, and decimate the dreams and aspirations of the younger generations. This is why this is all the more unacceptable (Courtesy of Michael Meacher http://www.michaelmeacher.info/weblog/2012/04/britains-1000-richest-persons-made-gains-of-155bn-in-last-3-years/): “The Sunday Times Rich List, published today and compulsory reading for anybody who wants to understand Britains power structure today, holds three extremely significant conclusions. One is that the 1,000 richest persons in the UK have increased their wealth by so much in the last 3 years £155bn that they themselves alone could pay off the entire UK budget deficit and still leave themselves with £30bn to spare which should be enough to keep the wolf from the door. The second, even more staggering, is that whilst the rest of the country is being crippled by the biggest public expenditure and benefits squeeze for a century, these 1,000 persons, containing many of the bankers and hedge fund and private equity operators who caused the financial crash in the first place, have not been made subject to any tax payback whatever commensurate to their gains. This is truly a government of the rich, by the rich, and for the rich. The third is that despite the biggest slump for nearly a century, the slowest and most anaemic recovery, and prolonged austerity stretching to a decade or more, this ultra-rich clique are now sitting on wealth even greater than what they had amassed at the height of the boom just before the crash. Their combined wealth is now estimated at more than £414bn, equivalent to more than a third of Britains entire GDP. They include 77 billionaires and 23 others whose wealth exceeds £750m. Despite these massive repositories of wealth, these are some of the very people to whom Osborne gifted £3bn in his recent budget by cutting the 50p tax rate. That measure alone gave 40,000 UK millionaires an extra average £14,000 a week, at the same time as those on very low incomes in receipt of working tax credits who couldnt find an employer to increase their hours of work from 16 to 24 a week were being deprived in the same budget of £77 a week, around a third of their income, through their tax credits being withdrawn. In 1997 the wealth of the richest 1,000 amounted to £99bn. The increase in their wealth over the last 15 years has therefore been £315bn. If this increase in wealth were subject to capital gains tax at the current 28% rate, it would yield £88bn, and that alone would pay off more than 70% of the total budget deficit. However Osborne seems to share the notorious view of the New York heiress, Leonora Helmsley: taxes are only for the little people.” This obscene scenario is not going to be tackled by the parties of the establishment. Even Michael Meacher himself will concede that, I am sure. This is why he increasingly shares platforms with true socialists – ecosocialists – that recognise an unsustainable situation when they see one and will endeavour to make sure that the consequences fall fairly at the feet of those that can and should pay. |
Leadership candidates for the Green Party of England & Wales
Wales Green Party leader declares herself as a candidate to replace Caroline Lucas as GPEW leader.She declared this on Facebook last night after I chatted to her about her name being bandied around by Green Left members. She announced it thus: “Well everyone, it looks as though I am standing for Green Party leader England AND Wales. Its high time there was some healthy competition for this role, and Im hoping several people will put their name forward. The Greens need to open up the debate and forge a robust direction. Maybe I’m too straight talking for some, but I am prepared to stand up and tell it like it is.” Also declaring today is Peter Cranie, from the NW Region. I do not know a lot about him but he comes highly commended by some. Of course, we all know Pippa well and it was good to have her visit us in Bridgend just a few months ago. So far only Alex Phillips has declared as a candidate for Deputy Leader, which could be an issue as the Party Constitution specifies that Leader and Deputy cannot be of the same sex. She is a strong Green Left candidate from the Brighton area – and has been part of the big Green Party success story in that part of the country. See her campaign page here: http://www.alexfordeputy.org.uk/ I am aware that there are likely to be one or two more candidates. I am doing what I can behind the scenes to promote the candidacy of a couple of people in particular. Watch this space. Andy. |
“Go Green” sham – letter to Glamorgan Gazette
| Dear Glamorgan Gazette,
Until now I have been simply unimpressed by the feeble attempts at covering environmental issues in your supposed “Go Green” campaign coverage. It has largely covered nice little stories of school or neighbourhood issues or initiatives; nothing very significant; nothing very controversial. But last weeks “Go Green” page (page 41 of the Glamorgan Gazette) is very different to this and an utter disgrace. The main story is a pitiful misrepresentation of one of the most important public inquiries in recent times in South Wales, with far-reaching ramifications whatever its outcome. Peter Collins report is lazy pro-establishment journalism, based on popping in and out and grabbing a few sound bites. I know, because I was there for every minute of it. Most of the two day hearing consisted of Coastal Oil & Gas’ in-house supposed experts being systematically exposed as being economical with the truth, ‘confused’ with their data, and reliant on third party sound and ecology surveys, commissioned by them at short notice and roundly ridiculed by experienced people, not so easily fooled, such as Friends of the Earth. Peter Collins also fails to report the many justifiable planning reasons for turning this application down. The many opponents to the application collectively identified dozens of clauses in Planning Policy Wales, Minerals Planning Policy Wales and the Adopted Unitary Development Plan, that point to either rejecting the application outright, or at least adopting a perfectly justifiable precautionary approach. Coastal rustled up a handful of such clauses that could be construed as supporting their application. Collins was either absent or asleep when it was highlighted that without the opportunity to properly consider the impact of what is a completely new industry, for the Vale, and build it into a revised Development Plan, then the Vale is almost duty bound, by various clauses in PPW that emphasise the central role of Development Plans in informing decisions, to reject such applications in the meantime. I tried to help Collins out when he was floundering around for information during the lunch interval. Perhaps I should have guided more directly to the real story in this Inquiry, but you would expect an experienced journo to have a nose for this himself wouldn’t you? The real story here was not that there was ‘no justification’ for turning the application down. That is a ridiculous assertion given the completely unanimous verdict of elected members on both scrutiny and planning committees. The real story is that the Vale’s Planning Officers, completely mishandled how this rejection was represented. Rather than support the rejection with the many good grounds for it, they decided to present it as being based solely on one bit of dodgey evidence from Welsh Water plc. Once Coastal had ‘persuaded’ them to withdraw their evidence, the Vale Planning Department panicked, chucked the overwhelmingly established democratic will of the people of the Vale out the window, and decided to adopt a damage limitation exercise in terms the possible appellants costs claim. Pure cowardice. That was your story, Peter, but you blew it! But maybe I am being harsh on Peter Collins. Maybe the biased slant of his story was an editorial decision. There is plenty of evidence on the rest of page 41 to hint at this possibility. Take the photo caption, for example: “Protesters outside the public inquiry in Barry which decided there was no reason to turn down the application …” And then there is the other piece on page 41 about “Electricity reform announced by UK Government”. Reading it, it is staggeringly similar to a press release I received from DECC a week or so ago. Yet more lazy, non-critical, pro-establishment propaganda advocating and promoting investment in nuclear energy. Can I suggest your “Go Green” reporter, Chris Cousens, tries talking to a few genuine environmentalists before going to print in future. Finally, the small matter of the nice panel advertising your “Go Green” sponsors. Most are worthy enough organisations, but they may wish to re-evaluate their support in light of this edition. But it also looks like anyone who stumps up the money can add their name, if the inclusion of the distinctly dodgey Tata Group is anything to go by. You also seem to have left out one benefactor (or maybe just beneficiary), namely the Conservative Party. Get your act together quickly. If you cannot do the big issues properly, I suggest you go back to covering school gardening projects, where you can do no real harm. Andy Chyba |
A reality check on renewables?
| Having had some interesting discussions about good and bad science informing public debate recently, this TED talk appears in my inbox. David MacKay is a professor of Natural Philosophy in the Physics department at the University of Cambridge and chief scientific adviser to the UK Department of Energy and Climate Change. However, I am not sure how much this last fact is a positive credential.
His theme: how much land mass would renewables need to power a nation like the UK? An entire country’s worth it appears. MacKay tours the basic mathematics that show worrying limitations on some of our sustainable energy options and, importantly, explains why we should pursue them anyway. As impressive as his number crunching is, I have a few issues with his conclusions. For example, he avoids looking at the full range of renewable options: wind, solar, tidal, biomass, biogas, wave, hydro, geothermal, etc. He also uses obsolete numbers for each and assumes nothing will ever improve. Wind turbines have more than doubled their efficiency in recent years. Also note that in his final graphic he completely ignores the energy that could be generated from solar PV on every roof in the UK. Nonetheless, he is an entertaining speaker and gives us plenty of valid food for thought. http://www.youtube.com/watch?feature=player_embedded&v=-5bVbfWuq-Q |
Bridgend Green Party Meeting – 31st May
| NOTE – Earlier time proved popular last month – so we will stick with it.
Bridgend Green Party Meeting AGENDA
NOTE – Venue is 2 minutes walk from both the Bus and Train stations in Bridgend. Election candidates – please remember to bring your expenses paperwork with you. Thanks, Andy |

Doesn’t look right? 



