Alternately Defiant, Dispirited, and Despondent. Without illusions but not disillusioned. Focus on Climate, Inequality and Development.
Oct 21 • 4 tweets • 2 min read
White House request to Congress for $106 billion in emergency funding for foreign aid.
A budget tells you more than words about actual priorities. Full breakdown in this PDF incl military aid to Ukraine, Israel, intl development (World bank) etc Thread whitehouse.gov/wp-content/upl… 2/ UKRAINE: US so far has sent more than $75 billion to Ukraine. Of new $106B, Biden asks $61B for Ukraine.
~$50B military aid, loans for military gear, DOD stocks of weapons etc (Pg 4-27_
~$11.75B economic (pg 42)
“opposite responses of China and the U.S. have revealed that the two countries appear weak only because their strengths are asymmetric”
Key point from @BuddyYakov: US and China can mobilize their fiscal and productive capacity in a way that EU cannot. noemamag.com/the-american-f…
deja vu Policy debates in US-EU-China
Do more fiscal spending into the pockets of most vulnerable households and businesses!
Do more fiscal spending ....!
Do more fiscal spending into the pocket of most vulnerable households and businesses
Aug 3 • 36 tweets • 19 min read
The deranged idea—as @GhoshAmitav describes—that we are safe, that things are under control, that bad things only happen to people who are far away, persists.
Anticipating future ruin, we fail to act in the here & now.
New @polycrisis @kmac & I: phenomenalworld.org/analysis/globa…
This July has been the hottest in our recorded history and, most likely, over the last 120,000 years
What do ppl mean when they say the existing ramshackle global financial architecture heaps pain upon the weakest & poorest shoulders?
@kmac & I wrote about negotiations between North & South at next week's Paris Summit @polycrisis. Figure ht @CSEINDIA phenomenalworld.org/analysis/globa…
Former US National Security advisor Fiona Hill acknowledged that the “Rest” were rebelling against the West. She cited an Indian interlocutor asking, “Where are you when things go wrong for us?”
"Clear waters AND lush mountains are our silver and gold’,” Xi said. “Harmonious coexistence of humans and nature should be a mission embedded in our development plans.”
Translation: China going big into green hydrogen to decarbonize its enormous steel! ft.com/content/596736…
Crazy how few people outside energy circles know this: "China now leads the world in offshore wind, onshore wind, solar installations and solar manufacturing, EV uptake, EV manufacturing, hydro, PHS, nuclear and smart grids" -@TimBuckleyCEF
“The president frankly doesn’t love everything in the bill, but we support it because that’s what compromise means,” Mr. Podesta said. nytimes.com/2023/05/10/cli…
300 environmental organizations sent a letter to Biden & Dem leaders urging them to reject Manchin’s plan, saying that although it would “marginally” help the development of RE it would be “massively dwarfed” by expedited O&G letter:biologicaldiversity.org/programs/energ…
Washington Consensus? S Korea is on edge with threats of N Korean & Chinese retaliation to Washington Declaration. The peace that knit together the growth miracle for billions of people could end in a bang. @kmac
Our newsletter, thanks to @WonkVJ book phenomenalworld.org/analysis/the-e…2/ Now that North Korea has demonstrated ICBM ability to strike US homeland,71% of S Koreans want their own nukes “New York for Berlin” was extended deterrence dilemma of old cold war. The new question: Would the Americans really trade “Seattle for Seoul?” phenomenalworld.org/analysis/the-e…
Apr 21 • 7 tweets • 6 min read
.@POTUS Biden - Negotiate a free trade agreement with Indonesia and Jokowi before it is too late. Making a standalone deal with EU and Korea makes no sense as firms VW, Tesla, LG are all patterning with Chinese firms in Indonesia to get battery nickel foreignpolicy.com/2023/04/17/chi…
Western firms are playing catchup with Chinese firms. Ford, Tesla, VW etc all licensing tech and knowhow of CATL, BYD, mining firms. @rachman_joseph is doing great reporting on the battery + metals rush in Indonesia. Jokowi's strong arming is working! foreignpolicy.com/2023/04/17/chi…
"The end result of this interaction bw our strategic autism and the response functions of our allies, adversaries and third parties, is that we're running a substantial risk of losing the Cold War we've started outright"
US is now at the find out stage of fucking around. Thread
52/ Podcast with @tedfertik@MkBlyth is out. How the crisis of hegemony of democratic capitalism created the IRA? How does IRA change politics? And how you definitely need to tell your friends about IRA's bottomless mimosas
slides <tinyurl.com/IRATimTed> 53/ DOE does IRA cost-benefit analysis.
It pays for itself. Cuts 600-900 million tons CO2
"US power sector pollution reductions from 2023 to 2030 result in avoided global climate damages ranging from approximately $670 billion to over $960 billion" energy.gov/sites/default/…
Mar 10 • 11 tweets • 7 min read
EV advocates should highlight the Big Ag, Big Auto, BigOil frenemy/alliance
The sacrifice zones of farmer friendly biofuel policy— American midwest, Brazil's sugar and Indonesia's palm plantations — are enormous
Don't worry about lithium. Worry about the corn in your cars!
Taken 6 months since our @polycrisis launch to post our first newsletter on just the energy transition. Thanks to @natbullard slides, it was fun to write. Read and subscribe here: phenomenalworld.org/analysis/cash-…
Decarbonization is about
redirecting capitalists’ cash,
retooling cars, and
remaking the chemical basis of fossil fuel civilization.
Don't worry about lithium. Worry about the corn in your cars.
Sign up here for our latest @polycrisis dispatch. Out tomorrow. phenomenalworld.org/series/the-pol…
Gravitational pull of US energy demand on biosphere. Last time it made a law intended to reduce fossil fuels -RFS subsidy for corn ethanol/biodiesel in 2007- rainforests & peatlands in Borneo were destroyed.
"If India is buying a fleet of fighter planes from, say, France, it knows that lynching & a little mass murder will, at most, get a delicate finger-wag. A big market is excellent insurance against moral censure."
-Arundhati Roy amp.cnn.com/cnn/2022/06/22…
In Cold War, US protected authoritarians. Is US now looking the other way as Modi turns screws in Kashmir & on India's muslims?
Declassified US Indo-Pacific strategy "outlines a major expansion of military,intelligence,& diplomatic support to India' axios.com/2021/01/12/ind…