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Tim Watkins

Could the Philippines do a reverse TPP/TTIP?

Typhoon

The Trans Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP) trade treaties have become notorious because they establish a separate and superior legal system for corporations; allowing them to sue governments for damages when democratic decisions result in a loss of profits.  If signed, to give just one …

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Blame it on Brexit!

Brexit

Everything that happens between now and June 23rd will be blamed on Brexit.  In the unlikely event that Britain has to implement a hosepipe ban, it will because uncertainty about Brexit has caused rainclouds to hold back on precipitation until the outcome of the referendum is clear.  In the event …

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Sainsbury’s takes action over UK energy crunch

Sainsburys

“The move by Sainsbury’s is further evidence that the current UK government is on the wrong side of history.” UK supermarket giant Sainsbury’s has lost faith in the Government’s ability to keep the lights on according to Emily Gosden at the Telegraph: “Paul Crewe, a senior executive at the supermarket …

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No need to worry about saving the planet

Plankton

Plankton – the tiny plants at the base of the food chain that provide half of the oxygen in the atmosphere – will survive climate change according to Scientists at the University of Technology Sydney in Australia and Imperial College London. According to Simon Levey from Imperial College London: “Ocean …

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US economy stalls

Crash

In recent years, the US economy has been a beacon of economic growth set in a global sea of stagnation and depression.  But this may have come to an end according to Bob Bryan at Business Insider. Citing the latest Senior Loan Officer Opinion Survey (SLOOS), Bryan notes: “Banks have …

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Water will get us in the end

The World Bank has warned that the economy will ultimately be undermined by changes in the way water acts around the planet.  Shifting rainfall patterns will bring drought to regions that currently enjoy abundant rainwater; while other areas – like the UK – will be subjected to more frequent and …

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UK bank infrastructure on the verge of collapse

Computer code

More than any other industry, banking suffers from Kunsler’s psychology of previous investment.  Nowhere is this more true than in the UK banks. According to Kat Hall at The Register, British bank computer systems contain a third more “legacy code” than competitors overseas: “Another major banking outage similar to the …

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How climate change could ruin productivity

Office

The environment inside the buildings where we work is deteriorating as the impacts of climate change hit home.  According to Joshua Rapp Learn at Smithsonian: “Apart from the obvious rise in utility costs, the changing climate may also set off a whole host of other problems for those desk-bound among …

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Ocean oxygen levels are falling

Dead Fish

A reduction in the amount of oxygen dissolved in the oceans due to climate change is already discernible in some parts of the world and should be evident across large regions of the oceans between 2030 and 2040, according to a new study led by the National Centre for Atmospheric …

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Ofgem shares good and bad news on UK energy mix

Aberthaw

The latest Ofgem figures for electricity generation by technology type contain both good and bad news for environmental campaigners. The good news is that total energy generation – which follows consumption patterns – has been trending down since 2008; most probably as a result ofBritain’s sluggish economic performance since the …

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