Katherine Ellen Foley on the problem with “clean” hydropower. “Globally, the reservoirs created by dams may actually contribute almost a gigaton of carbon dioxide-equivalent emissions—about 25% more than they had previously thought. This means that we’ve almost certainly been underestimating how much greenhouse gas we’ve been shooting into the atmosphere.”
Another reason to let rivers run their natural course….too late to stop China’s 3 River Dam on Yangtze.
“Since April, over 3000 Native American people have been camping in Cannon Ball, North Dakota. They are trying to stop the construction of the Dakota Access Pipeline, which would run underneath the Missouri river near the Cheyenne river reservation.”
“Recently I [Bill Williams] was invited to assess an old Danish uranium exploration site in Kvanefjeld in southern Greenland.”
Inuit Ataqatigiit – the opposition party in the national parliament – had asked me to talk to local people about the health implications of re-opening the defunct mine.
An Australian firm called Greenland Minerals and Energy (GME) has big plans to extract uranium and rare earth minerals here. It would be a world first: an open-pit uranium mine on an Arctic mountain-top.
“But a full cleanup of the site — including the extraction of melted uranium fuel from the damaged reactor cores — is expected to take at least 40 years according to the government’s timetable and a century by other estimates. In the meantime, officials acknowledge, Fukushima remains vulnerable.”
Here’s a market solution to consider, President Trump
Researchers propose a new financial tool. Implications for Great Lakes?
I am quoting from an article written by Bret Walton for Circle Blue. He lays out the problem of water shortages out west and introduces the idea of “water insurance” just as we have car or flood insurance.
Greg Characklis, professor at UNC at Chapel Hill, further explains the notion in the following paragraphs:
“Utilities need to change their business models to adapt to 21st-century conditions. In an era of conservation, argues Greg Characklis, water utilities must become more sophisticated financial managers. One way they are doing this is by changing their rate structures so that they earn more revenue from “fixed” fees that do not fluctuate with the amount of water sold.
Characklis, a professor in the department of environmental sciences and engineering at the University of North Carolina, Chapel Hill, has another idea: insurance markets. Farmers buy crop insurance to protect against unpredictable weather and drivers purchase accident protection, but no similar product exists for water utilities. Characklis and his colleagues are assessing the viability of the new financial tool.”
” Barely a month after we froze tens of millions of dollars in illegal profits from the defendants’ trading on illegal inside information obtained from hacked news releases, we obtained a settlement with foreign traders that deprives them of their wrongful gains,” said Andrew J. Ceresney, Director of the SEC’s Enforcement Division. “Today’s settlement demonstrates that even those beyond our borders who trade on stolen nonpublic information and use complex instruments in an attempt to avoid detection will ultimately be caught.”