Submersible taps mineral deposits in S. China sea

Jiaolong, the manned deep-sea submersible, is helping China tap a treasure of iron-manganese deposits that were first discovered in the South China Sea on Wednesday.

Tang Jialing, an oceanaut on the submersible, told Xinhua News Agency that although the exact area of the deposits was still unknown, he was sure that it was large. Continue reading

Food and Energy Prices May Skyrocket

During the last six months many places around the world have experienced record low temperatures. Already grain crops have suffered. There is speculation by some scientists that we are entering a cooling period. Russian researchers at Pulkovo Observatory, St. Petersburg, are flatly saying that the Sun is putting out less heat. Approximately every 200 years the sun goes into a “solar hibernation.” This signifies a period of lower global temperatures which have historically reduced crop yields, resulting in higher food prices and famine. Continue reading

All Around The US, Risks Of A Water Crisis Are Much Bigger Than People Realize

With about half of the country still suffering from extreme drought, farmers and businesses in the Western United States are looking at another hot, dry summer.

And the country’s water risk is a lot worse than most assessments suggest, according to a recent study from the Columbia University Water Center. Continue reading

A worldwide undersea gold rush is coming

An undersea gold rush could be coming soon with the rising cost of minerals and advancements in technology opening the seafloor to mining – environmental concerns not withstanding.

The United Nations International Seabed Authority (ISA) last week published a study on what frameworks would be necessary to ensure that mining is done responsibly. Commercial mining operations could begin as soon as 2016, but ISA acknowledged that there will be “inevitable environmental damage” and identified a “Catch-22″ where firms have not demonstrated appropriate competency and skills but must first start mining to gain them. Continue reading

NASA: Alarming water loss in Middle East

The study, to be published Friday in Water Resources Research, a journal of the American Geophysical Union, examined data over seven years from 2003 from a pair of gravity-measuring satellites which is part of NASA’s Gravity Recovery and Climate Experiment or GRACE. Researchers found freshwater reserves in parts of Turkey, Syria, Iraq and Iran along the Tigris and Euphrates river basins had lost 117 million acre feet (144 cubic kilometers) of its total stored freshwater, the second fastest loss of groundwater storage loss after India.

About 60 percent of the loss resulted from pumping underground reservoirs for ground water, including 1,000 wells in Iraq, and another fifth was due to impacts of the drought including declining snow packs and soil drying up. Loss of surface water from lakes and reservoirs accounted for about another fifth of the decline, the study found. Continue reading

Can Environmental Rules be Secret Weapons? (Part 2)

While there should be concern for the environment, politicians and regulators have preyed on the good will of the people with malevolent intent. Who doesn’t want to protect the environment? That’s precisely why it’s easy for naive people to fall into this trap of supporting these measures and the politicians/lawmakers that propose/implement them. Well intended people are unwittingly creating the rope they are hanging themselves with, yet are confused about part of the economy’s root problem. What’s more, the bigger picture is economic warfare leading to a crippled nation.

In mid-August, we raised the question as to whether or not environmental rules could be used as economic weapons. In actuality, the question is rhetorical and provocative. While most Americans have never thought in these terms, the answer is really quite obvious. Of course environmental rules are weapons of economic warfare, especially in a free society where the loudest voice often sets policy. In this context, money determines the loudest voice. No one doubts that polluters will use the political process to allow them the opportunity to continue to profit from their pollution. For some reason, however, few are willing to question whether or not there might be a profit motive somewhere behind the environmental movement.

Full article: Can Environmental Rules be Secret Weapons? (Part 2) (Kevin D. Freeman | Global Economic Warfare)

See also: Can Environmental Rules be Secret Weapons? (Kevin D. Freeman | Global Economic Warfare)

Coal Industry Under Attack

A map has been generated at FreeMarketAmerica.org which tracks jobs lost on account of the Sierra Club’s war on coal. The data for the map comes from the National Mining Association, which says that over 1.2 million jobs have been lost in the coal industry. If mining stocks haven’t been doing well – whether we are talking coal or even gold – consider the environmental hits taken by the mining industry. Like the timber industry in the Pacific Northwest, coal mining has been specially targeted for reduction.

It’s true, of course. Last June Bloomberg ran a piece, “Displaced coal miners face slim job prospects.” All around the country, coal jobs are being lost. Coal is one of America’s key energy resources. It is an energy resource we don’t have to import. But the Obama Administration appears determined to crush the coal industry in order to save the planet from global warming. The Environmental Protection Agency (EPA) believes global warming is caused by greenhouse gases produced by coal as well as oil. Therefore, a radical effort is underway to curtail the use of coal.

Only a few years ago more than half our electricity was generated from coal. In the first quarter of 2012 the generation of electricity from coal dropped 21 percent from 2011 levels. The immediate culprit is the Cross-State Air Pollution Rule (CSAP). You can read about it at the Web Site of the EPA where it states: “On July 6, 2011, the US Environmental Protection Agency (EPA) finalized a rule that protects the health of millions of Americans by helping states reduce air pollution and attain clean air standards. This rule, known as the Cross-State Air Pollution Rule, requires states to significantly improve air quality by reducing power plant emissions that contribute to ozone and/or fine particle pollution in other states.” (In other words, coal is out.)

In the middle of the worst economic times since the Great Depression, when as many as 86 million are unemployed, how can the federal government purposely push for over 1.2 million in additional job losses? And yes, the job situation may be worse than official figures suggest. Readers should review CNN Money’s May 4 piece titled “The 86 million invisible unemployed” which stated that our work force has the “lowest force participation rate since 1981.”

As CNN Money explained, “Only people looking for work are considered officially unemployed.” So the situation is worse than the government represents. Yet the government would add to the number of those out of work by strangling the coal industry. When the price of oil remains high and a war in the Middle East could drive oil prices higher, wouldn’t it be wise to leave the coal industry alone? But then, we have to save the planet from global warming – or do we?

Full article: Coal Industry Under Attack (JR Nyquist | Financial Sense Online)

Is India About to Alter the World’s Energy Future?

Should India successfully pull this off, more power to them.

Since 1951, the Indian government has somehow managed to fail in every single attempt to reach its annual target of increasing the nation’s electricity production capacity. But while the nation continues to struggle with crippling blackouts and power shortages till today, an energy plan, conceived during the 1950s, may fundamentally alter the nation’s, and quite possibly the world’s, energy future.

Thorium, like its Norse god and Marvel superhero namesake, is expected to change the world.

Thorium-Fuelled Dreams

Thorium is a naturally occurring radioactive chemical element that is named after the Norse god of thunder, Thor. Discovered in 1828 by Swedish chemist Jons Jakob Berzelius, the 90th element on the periodic table has been described by Forbes as possibly “the biggest energy breakthrough since fire.”

According to Greentech Media, Thorium the potential to replace uranium as a ultra-cheap and ultra-safe nuclear energy source. Not only is the metal approximately three times as abundant as uranium in the earth’s crust, but it also contains up to 200 times the energy density.

“So why on earth are we using uranium?” asked Marin Katusa of Forbes. “As you may recall, research into the mechanization of nuclear reactions was initially driven not by the desire to make energy, but by the desire to make bombs.”

“The $2 billion Manhattan Project that produced the atomic bomb sparked a worldwide surge in nuclear research, most of it funded by governments embroiled in the Cold War. And here we come to it: Thorium reactors do not produce plutonium, which is what you need to make a nuke.”

After decades of relative obscurity however, Thorium is finally attracting increasing interest as an energy source from around the world. Apart from India, China has also announced its intentions to develop a thorium nuclear reactor, while Canada, Germany, Netherlands, the United Kingdom and the United States have all experimented with using thorium as a substitute nuclear fuel in existing nuclear reactors.

India’s thorium plans though are possibly the most well known and most promising of them all.

Full article: Is India About to Alter the World’s Energy Future? (Oil Price)

What Ails the U.S. Economy?

Marielena Stuart is a candidate for the U.S. Senate in the state of Florida. She has an interesting message about the economy and what ails it. I had an opportunity to speak with Marielena at length about today’s economic crisis. “When [people] speak about the economy and jobs,” Stuart told me, “they don’t understand … that what is killing our economy is the fact our manufacturing base has been decimated by sustainable development rules and regulations imposed through agencies like the EPA. And yet these regulations and sustainable development have never been approved by the United States Congress. They have been imposed on Americans through Executive Orders.”

If you visit the White House website, you will find all Executive Orders of the current administration. Orders on regulatory matters usually refer to the environment as a key rationale for regulation. As many businessmen have discovered to their dismay, property rights are now trumped by environmental policy. According to Stuart, “The environmental movement has now become a monster.”

How did this happen? Stuart makes an interesting argument: “Essentially, when the Soviet Union fell communism did not disappear. It simply went underground, and it resurfaced as the environmental movement. It gained strength and filled its coffers.” According to Stuart, “The United Nations Agenda for the Twenty-First century presents human beings as enemies of the environment.” As such, Americans must be regulated in everything from procreation to eating habits. Stuart explained further, “If you think about it, however, it has nothing to do with the environment. It has to do with control … and everything to do with attacking property rights.”

Agenda 21 and the idea of sustainable development first appeared in the pages of a 1987 UN report written by Gro Harlem Brundtland, a first Vice-President of the World Socialist Party who attended the Congress of the Socialist International in New York (1996). Brundtland’s World Socialist Party advocates revolution in order to bring about a moneyless society based on common ownership of the means of production. Like other Marxists, Brundtland believes that the state is the “executive committee” of the capitalists. Therefore, the working class must wrestle the state away from the capitalists. In that event, the free market would come to an abrupt end. Agenda 21 was written by Brundtland to advance the revolution. This revolution is not merely economic, Stuart explains, “At the core of Agenda 21 is the Marxist idea that the traditional family must be destroyed, because … without the traditional family you cannot have a sound economy.”

And why would anyone want to undermine America’s economy? According to Stuart, “They are trying to create a world crisis so they can then step in with a one world government to solve the crisis. The Rio + 20 summit that just took place in Brazil is a huge message to the world … that sustainable development is going to … advance aggressively.” She further stated, “As they advance aggressively, they will continue to promote that we must not be good American citizens, but good global citizens … Look at the attacks on our fisheries, on our farm lands. This is all part of the Agenda for the Twenty-First Century. Control … of society at every level – cultural control, economic control, and constant conditioning….”

For someone who understands communism, who knows how to read subversive movements, the damage to America’s economy is already apparent. “For me, having survived communism, it is very clear,” said Stuart. “Communism is active in America today. What Americans need to realize is that socialism is simply phase one of communism; and this has been working through our system for a long time.”

Stuart further explained, “We have people in government who are betraying America…. This did not happen overnight,” she added. “The communists have gotten themselves entrenched and have been working with tremendous dedication for their Marxist ideology. What we are about to face is truly a socialist abyss. And once we continue to descend further into this abyss it will be very difficult to turn the nation around….”

I fear that Marielena Stuart is right.

Full article: What Ails the U.S. Economy? (JR Nyquist)

China boosts defense budget 11 percent after U.S. “pivot”

China’s military spending is the second highest in the world, after the United States. While some naively call it a distant second, they don’t consider that this budget does not not include items such as research and development or foreign weapons procurement, to name a few out of many. The true budget is most likely double, or more.

The increase announced by parliament spokesman Li Zhaoxing will bring official outlays on the People’s Liberation Army (PLA) to 670.3 billion yuan ($110 billion) for 2012, after a 12.7 percent increase last year and a near-unbroken string of double-digit rises across two decades.

Beijing’s public budget is widely thought by foreign experts to undercount its real spending on military modernization, which has unnerved Asian neighbors and drawn repeated calls from Washington for China to share more about its intentions.

Full article: China boosts defense budget 11 percent after U.S. “pivot” (Reuters)