November 29, 2021

Circlesongs with Bobby

1,873 Posts to “November 29, 2021”

  1. JasonZEk says:

    The levies are also likely to reduce America’s economic output, as has happened before. A 2020 study, based on data from 151 countries, including the US, between 1963-2014, found that tariffs have “persistent adverse effects on the size of the pie,” or the gross domestic product of the country imposing them.
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    There are a number of possible explanations for this.

    One is that, when tariffs are low or non-existent, the country in question can focus on the kind of economic activities where it has an edge and export those goods and services, Gimber told CNN.
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    “If you raise tariffs, you’re not going to see that same level of specialization,” he said, noting that the result would be lower labor productivity. “The labor could be better used elsewhere in the economy, in areas where you have a greater competitive advantage.”
    Another reason output falls when tariffs are raised lies in the higher cost of imported inputs, wrote the authors of the 2020 study, most of them International Monetary Fund economists.

    Fatas at INSEAD suggested the same reason, providing an example: “So I’m a worker and work in a factory. To produce what we produce we need to import microchips from Taiwan. Those things are more expensive. Together, me and the company, we create less value per hour worked.”

    Yet another way tariff hikes can hurt the economy is by disrupting the status quo and fueling uncertainty over the future levels of import taxes. That lack of clarity is particularly acute this year, given the erratic nature of Trump’s trade policy.

    Surveys by the National Federation of Independent Business in the US suggest the uncertainty is already weighing on American companies’ willingness to invest. The share of small businesses planning a capital outlay within the next six months hit its lowest level in April since at least April 2020, when Covid was sweeping the globe.

    “The economy will continue to stumble along until the major sources of uncertainty (including over tariffs) are resolved. It’s hard to steer a ship in the fog,” the federation said.

    Whichever forces may be at work, the IMF, to cite just one example, thinks higher US tariffs will lower the country’s productivity and output.

  2. Clintonaeron says:

    Unity and BrightBuilt factory-built homes share an important feature: They are airtight, part of what makes them 60% more efficient than a standard home. GO Logic says its homes are even more efficient, requiring very little energy to keep cool or warm.
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    “Everybody wants to be able to build a house that’s going to take less to heat and cool,” said Unity director Mark Hertzler.

    Home efficiency has other indirect benefits. The insulation and airtightness – aided by heat pumps and air exchangers – helps manage the movement of heat, air and moisture, which keeps fresh air circulating and mold growth at bay, according to Hertzler.
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    Buntel, a spring allergy sufferer, said his Somerville home’s air exchange has made a noticeable difference in the amount of pollen in the house. And customers have remarked on how quiet their homes are, due to their insulation.

    “I’m from New England, so I’ve always lived in drafty, uncomfortable, older houses,” Buntel said. “This is really amazing to me, how consistent it is throughout the year.”
    Some panelized home customers are choosing to build not just to reduce their carbon footprint, but because of the looming threat of a warming planet, and the stronger storms it brings.

    Burton DeWilde, a Unity homeowner based in Vermont, wanted to build a home that could withstand increasing climate impacts like severe flooding.

    “I think of myself as a preemptive climate refugee, which is maybe a loaded term, but I wasn’t willing to wait around for disaster to strike,” he told CNN.

    Sustainability is one of Unity’s founding principles, and the company builds houses with the goal of being all-electric.

    “We’re trying to eliminate fossil fuels and the need for fossil fuels,” Hertzler said.

    Goodson may drill oil by day, but the only fossil fuel he uses at home is diesel to power the house battery if the sun doesn’t shine for days. Goodson estimated he burned just 30 gallons of diesel last winter – hundreds of gallons less than Maine homeowners who burn oil to stay warm.

    “We have no power bill, no fuel bill, all the things that you would have in an on-grid house,” he said. “We pay for internet, and we pay property taxes, and that’s it.”

  3. Scottjoicy says:

    What struck Scott Bennett most were the razor clams.

    The long saltwater clams, resembling old-fashioned razors, normally burrow into sand to avoid predators. But when Bennett, an ecologist, visited South Australia’s Great Southern Reef last month, he saw thousands of them rotting on the sea floor.
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    “100% of them were dead and wasting away on the bottom,” Bennett told CNN.

    Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline, turning once-colorful ecosystems filled with thriving marine life into underwater graveyards.

    The bloom has killed about 15,000 animals from over 450 species, according to observations on the citizen science site iNaturalist. They include longfinned worm eels, surf crabs, warty prowfish, leafy seadragons, hairy mussels and common bottlenose dolphins.
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    The algae have poisoned more than 4,500 square kilometers (1,737 square miles) of the state’s waters – an area larger than Rhode Island – littering beaches with carcasses and ravaging an area known for its diversity.

    It’s “one of the worst marine disasters in living memory,” according to a report by the Biodiversity Council, an independent expert group founded by 11 Australian universities.

    The toxic algal bloom has devastated South Australia’s fishing industry and repelled beachgoers, serving as a stark warning of what happens when climate change goes unchecked.

    Once a bloom begins, there is no way of stopping it.

    “This shouldn’t be treated as an isolated event,” Bennett said. “This is symptomatic of climate driven impacts that we’re seeing across Australia due to climate change.”

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  5. Bobbyhah says:

    The levies are also likely to reduce America’s economic output, as has happened before. A 2020 study, based on data from 151 countries, including the US, between 1963-2014, found that tariffs have “persistent adverse effects on the size of the pie,” or the gross domestic product of the country imposing them.
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    There are a number of possible explanations for this.

    One is that, when tariffs are low or non-existent, the country in question can focus on the kind of economic activities where it has an edge and export those goods and services, Gimber told CNN.
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    “If you raise tariffs, you’re not going to see that same level of specialization,” he said, noting that the result would be lower labor productivity. “The labor could be better used elsewhere in the economy, in areas where you have a greater competitive advantage.”
    Another reason output falls when tariffs are raised lies in the higher cost of imported inputs, wrote the authors of the 2020 study, most of them International Monetary Fund economists.

    Fatas at INSEAD suggested the same reason, providing an example: “So I’m a worker and work in a factory. To produce what we produce we need to import microchips from Taiwan. Those things are more expensive. Together, me and the company, we create less value per hour worked.”

    Yet another way tariff hikes can hurt the economy is by disrupting the status quo and fueling uncertainty over the future levels of import taxes. That lack of clarity is particularly acute this year, given the erratic nature of Trump’s trade policy.

    Surveys by the National Federation of Independent Business in the US suggest the uncertainty is already weighing on American companies’ willingness to invest. The share of small businesses planning a capital outlay within the next six months hit its lowest level in April since at least April 2020, when Covid was sweeping the globe.

    “The economy will continue to stumble along until the major sources of uncertainty (including over tariffs) are resolved. It’s hard to steer a ship in the fog,” the federation said.

    Whichever forces may be at work, the IMF, to cite just one example, thinks higher US tariffs will lower the country’s productivity and output.

  6. Stevenapoth says:

    Two planes nearly collided on the runway in Mexico City on Monday, as an AeroMexico regional jet coming in for landing flew over and touched down in front of a Delta Air Lines Boeing 737 jet already beginning to take off.
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    Delta Flight 590 was starting to roll down the runway at Aeropuerto Internacional Benito Juarez with 144 customers and six crew members on board when the pilots saw another plane land directly in front of it, the airline said in a statement.
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    Flight tracking website Flightradar 24 shows AeroMexico Connect flight 1631, an Embraer 190 regional jet, flew less than 200 feet over the moving Delta plane then landed in front of them on runway 5R.

    The pilots stopped the takeoff and returned to the terminal. The plane eventually took off on its flight to Atlanta about three hours late.

    Delta said it reported the incident to Mexican aviation authorities, as well as the Federal Aviation Administration and National Transportation Safety Board in the United States.

    “Delta will fully cooperate with authorities as the circumstances around this flight are investigated,” the airline said in a statement. “We appreciate the flight crew’s actions to maintain situational awareness and act quickly – part of Delta’s extensive training.”

    AeroMexico and the Mexican civil aviation authority did not immediately respond to CNN’s request for comment.

    Mexico’s aviation safety rating was downgraded by the FAA in May 2021 for non-compliance with minimum international safety standards. The top level “category one” status was restored in September of 2023 after, “the FAA provided expertise and resources via technical assistance… to resolve the safety issues that led to the downgrade,” the agency said at the time.

  7. GreggMus says:

    Rome — There’s a reason archaeologist Ersilia D’Ambrosio can scarcely contain her excitement as she leads the way through dimly lit passageways deep below the Capitoline Hill that was once at the heart of ancient Rome: In a city where almost every historic treasure has been laid bare, this vast subterranean labyrinth is an undiscovered world.
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    “No one has seen these caves and tunnels for more than a century,” D’Ambrosio tells CNN, plunging further into the gloom. These chambers, which cover around 42,000 square feet, or 3,900 square meters — roughly three-quarters the area of an American football field — lie in an area beneath the Ancient Roman Forum and the 2,000-year-old Marcello Theater. At its deepest point, one of the caves extends about 985 feet below the surface.
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    Known as the Grottino del Campidoglio, or Capitoline Grotto, these tunnels have been part of the fabric of Rome even since before the days of Julius Caesar, despite being forgotten in recent generations. Comprehensively developed in the Middle Ages, they were in continuous use until the 1920s, at various times housing entire communities, shops, taverns, restaurants and, in World War II, people sheltering from falling Allied bombs.

    Above ground, on the steamy morning in July when CNN was granted exclusive access to the cavern network, tourists sweated in temperatures of 95 degrees Fahrenheit (35 Celsius) as they explored the Capitoline Square, designed by Michelangelo in the 16th century, and the Capitoline Museums complex. Seventy-five feet below, in the grotto, it’s decidedly cooler at around 55F, with the damp air causing condensation to glitter on some of the tunnel surfaces.
    Some of the passages are neatly constructed and lined with bricks, a sign of their development and use in the 19th century. Others are more roughly hewn from tuff, a soft volcanic rock from which the famous Seven Hills of Rome are formed. Walking through the tunnels is a trip back in time, with Rome’s complex layers of history laid bare.

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