We should embrace the Cassandras when the next disaster comes

Deputy national security adviser Matthew Pottinger listens during a briefing of the coronavirus task force at the White House on 31 January 2020. Photo: Jabin Botsford / The Washington Post

December 30, 2020

We should embrace the Cassandras when the next disaster comes

By Megan McArdle 29 December 2020 (The Washington Post) – Any popular novel set around 1929 will generally have a character who pulls their money out of the market after overhearing an elevator operator bragging about his stock market winnings. Like all the best fantasies, this contains just enough truth to be plausible: Some sharp […]

Satellite view of wildfires on the U.S. West Coast between 12 September 2020 and 16 September 2020. Video: Michael Benson / CIRA / NOAA

December 30, 2020

Watching Earth burn – “The war has started. We’re losing.”

By Michael Benson 28 December 2020 (The New York Times) – I have a pastime, one that used to give me considerable pleasure, but lately it has morphed into a source of anxiety, even horror: earth-watching. Let me explain. The earth from space is an incomparably lovely sight. I mean the whole planet, pole to […]

U.S. COVID-19 mortality per 100,000 population, 11 April 2020 - 25 December 2020. Data: Johns Hopkins University. Graphic: James P. Galasyn

December 25, 2020

U.S. Covid mortality rate exceeds 100 per 100k population – “The current exponential increase in COVID-19 is reaching a calamitous scale”

25 December 2020 (Desdemona Despair) – The per-capita death rate from Covid-19 in the United States exceeded 100 for the first time today, according to mortality data from John Hopkins University. The milestone comes on the heels of this week’s announcement from the University of Washington’s Institute for Health Metrics and Evaluation (IHME) stating that […]

Distribution of major tax cuts for the rich across OECD nations, 1965-2015. This figure visualizes the resulting binary variable that picks out years in which taxes on the rich were reduced substantially. In total, we identify 30 country-year observations where taxes on the rich were significantly reduced. Governments enacted major tax reforms in all countries in our sample and across the whole observation period. Many countries implemented major tax cuts for the rich in the late 1980s. Furthermore, the identification of tax cuts is also in line with previous studies that have focused on income tax progressivity (Rubolino and Waldenström, 2020) or on overall tax progressivity single specific countries (Saez and Zucman, 2019). For instance, echoing these authors’ findings, we find two major reforms that reduced taxes on the rich in the US: 1982 (First Reagan Tax Cut) and 1986/1987 (Second Reagan Tax Cut). Graphic: Hope and Limberg, 2020 / LSE

December 25, 2020

Tax breaks for the rich don’t boost the economy – “Our research shows that the economic case for keeping taxes on the rich low is weak”

16 December 2020 (LSE) – Major reforms reducing taxes on the rich lead to higher income inequality but do not have any significant effect on economic growth or unemployment, according to new research by LSE and King’s College London. Researchers say governments seeking to restore public finances following the COVID-19 crisis should therefore not be […]

The global COVID-19 lockdowns caused fossil carbon dioxide emissions to decline by an estimated 2.4 billion tonnes in 2020 - a record drop according to researchers at the University of East Anglia, University of Exeter and the Global Carbon Project. It means that in 2020 fossil CO2 emissions are predicted to be approximately 34 GtCO2, seven per cent lower than in 2019. Emissions from transport account for the largest share of the global decrease. Those from surface transport, such as car journeys, fell by approximately half at the peak of the COVID lockdowns. Total CO2 emissions from human activities - from fossil CO2 and land-use change - are set to be around 39 GtCO2 in 2020. Video: UEA

December 12, 2020

COVID lockdown causes record drop in carbon dioxide emissions for 2020

11 December 2020 (UEA) – The global COVID-19 lockdowns caused fossil carbon dioxide emissions to decline by an estimated 2.4 billion tonnes in 2020 – a record drop according to researchers at the University of East Anglia (UEA), University of Exeter, and the Global Carbon Project. The fall is considerably larger than previous significant decreases […]

Income inequality in the United States, 1913-2019. The U.S. shows a rise in the concentration of incomes unseen in other rich nations. The top 10% increase from 34% to 45% between 1980 and 2019. Half of the American population was shut from pretax economic growth. Graphic: World Inequality Database

December 11, 2020

Global inequality data update shows rise in concentration of U.S. incomes unseen in other rich nations – Latin America and the Middle East stand as the world’s most unequal regions

10 November 2020 (WIL) – The World Inequality Lab releases today a major update of global inequality data for 173 countries, making up 97% of the world population and 7.5 billion people. The data published distributes economic growth within each country making it possible to track inequality and poverty over time, countries and regions. These […]

Cumulative change in U.S. jobs since before the pandemic, 6 December 2020. Data: Bureau of Labor Statistics. Graphic: Ella Koeze / The New York Times

December 6, 2020

U.S. job market slowed further in November 2020 – “We’re going to have a few of the toughest months of this pandemic, and there will be a lot of scars left to heal”

6 December 2020 (The New York Times) – The American economic recovery continues to slow, stranding millions who have yet to find a new job after being thrown out of work by the coronavirus pandemic. The latest evidence came Friday when the Labor Department reported that employers added 245,000 jobs in November, the fifth month in a […]

Environmental relevance of 6PPD-quinone. (A) Using retrospective UPLC-HRMS analysis of archived sample extracts, 6PPD-quinone was quantified in roadway runoff and runoff-impacted receiving waters. Each symbol corresponds to duplicate or triplicate samples, boxes represent first and third quartiles. For comparison, the 0.8 pg/L LC50 value for juvenile coho salmon and detected 6PPD-quinone levels in 250 and 1000 mg/L TWP leachate are included. (B) Predicted ranges of potential 6PPD-quinone mass formation in passenger cars (e.g., 4 tires, -36 kg tire rubber mass) and heavy trucks, (e.g., 18 tires, -900 kg of tire rubber) (represented in orange) and measured 6PPD-quinone concentrations in affected environmental compartments (represented in blue, with experimental data italicized). Predicted ranges reflect calculations applying 0.4-2% 6PPD per total vehicle tire rubber mass followed by various yield scenarios (1-75% ultimate yields) for 6PPD reaction with ground-level ozone to form 6PPD-quinone. Graphic: Tian, et al. / Science

December 4, 2020

Tire dust killing coho salmon returning to Puget Sound, new research shows – “I find it incredibly sad to watch the adults when they are sick”

By Lynda V. Mapes 3 December 2020 (Seattle Times) – First they circle. Then they gasp at the surface of the water. Soon they can’t swim. Then they die. For decades now, scientists have known something was killing beautiful, adult coho salmon as soon as they hit Seattle’s urban waters, ready to spawn. They had […]

Record flooding caused this landslide in Haines, Alaska on 2 December 2020. Photo: Seaba Heli / Facebook

December 3, 2020

“The wettest day ever”: At least 6 people missing, homes destroyed after record-breaking Southeast Alaska rainstorm

By Jessica Flores 3 December 2020 (USA TODAY) – Evacuations and search and rescue efforts were underway Wednesday after a record-breaking rainstorm swept across Southeast Alaska, triggering mudslides and widespread flooding. Multiple precipitation records were broken Tuesday across the region, including a single-day rainfall record from 1946, according to the National Weather Service in Juneau. […]

National Risk Index (NRI) map of the United States. Graphic: FEMA

November 30, 2020

New FEMA index shows riskiest spot for rising seas is 50 miles from the ocean

By Thomas Frank 25 November 2020 (E&E News) – The county most at risk for coastal flooding is not in Florida, North Carolina or New Jersey, according to the Federal Emergency Management Agency. It’s not even on a coast. It’s Cowlitz County, Washington, population 102,000, about 50 miles inland from the Pacific Ocean on the […]