Archive for March 8, 2010
Happening Faster than Predicted
March 8, 2010 by mike.
You are going to read those words over and over again in articles about the growing climate crisis of global warming. There are numerous feedback loops that can be expected to increase the rate of global warming and few feedback loops identified that can be expected to slow global warming.
This is why a carbon tax is needed now. Cap and trade is just an excuse for a new round of speculative bubble economic trading.
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Huge methane leak in Arctic Ocean: study
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WASHINGTON – Methane is leaking into the atmosphere from unstable permafrost in the Arctic Ocean faster than scientists had thought and could worsen global warming, a study said Thursday. |
From 2003 to 2008, an international research team led by University of Alaska-Fairbanks scientists Natalia Shakhova and Igor Semiletov surveyed the waters of the East Siberian Arctic Shelf, which covers more than 772,200 square miles (two million square kilometers) of seafloor in the Arctic Ocean. |
“This discovery reveals a large but overlooked source of methane gas escaping from permafrost underwater, rather than on land,” the study said. |
“More widespread emissions could have dramatic effects on global warming in the future.” |
Earlier studies in Siberia had focused on methane escaping from thawing permafrost on land. |
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What Happened to Cramdown in Bankruptcy?
March 8, 2010 by mike.
Yes, the Obama folks are looking for new ways to stop the erosion of the economy caused by the real estate bubble, and this short sale idea has some merit, but the better solution is to bite the bullet and amend bankruptcy statutes to allow judges in bankruptcy court to change the terms of the mortgages. This would allow homeowners to remain in their homes with payments based on their real values. It would cost the banks money, so banker bonuses could suffer, but hey, they made stupid loans, based on short term profits, commissions, and the ability to bundle and sell their stupid loans as if they were solid investments, the bankers should be relieved they are not going to jail on fraud charges. What are the chances of that?
| Program Will Pay Homeowners to Sell at a Loss |
In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. |
This latest program, which will allow owners to sell for less than they owe and will give them a little cash to speed them on their way, is one of the administration’s most aggressive attempts to grapple with a problem that has defied solutions. |
More than five million households are behind on their mortgages and risk foreclosure. The government’s $75 billion mortgage modification plan has helped only a small slice of them. Consumer advocates, economists and even some banking industry representatives say much more needs to be done. |
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Interesting Article on Sea Life
March 8, 2010 by mike.
I guess if you are another sea creature and the red grouper is not inclined to swallow you whole, then this fish is a really important member of the aquatic community.
Beyond being an important member of the community, this article captures some of the grouper’s culture and sensibilities. Really wonderful. I encourage you to read the whole article.
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Scientists learn red grouper operate as underwater architects
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Red grouper are known for a few key characteristics — their hue, which can range from pink to bright orange; their tastiness, whether they’re grilled or sauted; and their predation method, in which they ambush fellow sea creatures and swallow them whole. |
But th eir least-known attribute might be the most valuable of all: They operate as underwater architects, transforming the seascape for myriad other forms of underwater life, rather than just residing there. That surprising discovery is forcing scientists and policymakers to recalibrate their approach to preserving the ocean’s natural order — and heightening tensions with those who fish for a living or as a hobby.”Our view of fish is changing,” said Marine Conservation Biology Institute president Elliott Norse, whose group helped fund Coleman’s research. “We now see fish as living, breathing entities, not only as meat.”"If you remove that fish, it puts into motion a whole chain of events,” said Don deMaria, who used to fish for red grouper near Key Largo, Fla., but no longer does. “There’s a whole lot of other critters that are affected. I’m not saying you can’t catch them. But you can’t do it to the extent we’ve been doing for the last 20 years.”
Coleman didn’t suspect initially that red grouper were capable of such engineering feats. Years ago, she was on a National Oceanic and Atmospheric Administration vessel in the Gulf of Mexico looking at images from a remotely operated camera and noticed the large holes on the sea floor.
“I was just sitting there, thinking, ‘Why are there holes?’ It came like a flash: The only thing it could be is red grouper,” she said.
Coleman and a few colleagues, including her husband, Christopher Koenig, a fellow FSU professor, and Margaret Miller, an ecologist at the NOAA’s Southeast Fisheries Science Center, tested her hypothesis. They trapped red grouper in a cage without a bottom; the fish dug out of it. The scientists placed black charcoal the size of sand grains on the sea floor to see whether the fish would move it; they scattered it everywhere.
“They started digging almost right away,” Coleman said of the fish, adding that it was almost as if the scientists had offended the grouper’s aesthetic sensibilities. “It was like, ‘I just cleaned this place.’ ”
By building complex, three-dimensional structures that expose the hard rock beneath the sand, Miller said, red grouper create an environment in which seaweed, coral and sponges can thrive. These communities then attract everything from cleaner fish to female grouper seeking a mate.
“It’s just a very cool ecological story,” Miller said. “They really have this tremendous ability in getting these diverse communities of organisms to exist in a place that otherwise wouldn’t be there.” |
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