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Tim Watkins

Why climate change could be about to get a lot worse

Hot sun

Temperatures in the northern hemisphere passed the limit of 2 degrees of warming for the first time last month.  The amount of atmospheric carbon dioxide is higher than at any time in the last 8,000.  The trend toward runaway global warming (well beyond 2 degrees) is accelerating.  And the action …

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A Tory MP finally gets energy… sort of

Parliament at Night

Our society is largely blind to the importance of energy.  Most of us have little idea where it comes from, let alone just how much our economy depends upon it.  This energy-blindness is, of course, a particularly alarming trait of the current UK government which seems to think that energy …

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The inevitable cost of running government like a business

Flint Richard Snyder

What happens when the public are fooled into believing that a businessman would make a better political leader than, say, someone who understands public service? Well, in the shape of Donald Trump, the entire world may find out come November.  But we don’t have to wait to see if Trump …

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Climate-related food shortages underestimated

harvesting food

Climate scientists have been warning of the threat to global food supplies for decades.  Drought, flooding and sea level rise threaten to dramatically reduce the productivity of the world’s key agricultural regions.  However, even these dire warnings may have underestimated the threat according to a new study published in the …

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February 2016 was the hottest month on record

Polar Bear stuck on ice

A combination of the El Nino in the pacific and the general upward trend in global temperature pushed last month’s temperatures higher than any month since records began in 1880 according to new data from NASA. While some of the rise can be attributed to the El Nino event, Andrew …

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Oil crash risks a multi-billion dollar debt crisis

Money to Burn

Asjylyn Loder, Steven Church and Jodi Xu Klein writing for MSN Money claim that US Investors face $19 billion in debt defaults unless several US energy companies can reach an agreement to restructure their debts this week. Loder, Church and Klein argue that the problems go back to the early …

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Osborne ‘misled’ customers on energy savings

George Osborne

MPs on the Energy and Climate Change Select Committee have accused Chancellor George Osborne of overstating the savings customers would make as a result of the new policy of putting energy suppliers in charge of retrofitting insulation to Britain’s homes. Osborne had claimed that an average household would save £32 …

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CEO bonuses are fuelling the oil glut

Cash in a suitcase

If you owned an oil well today, your best bet would be to cap it, wait for the current over-supply of oil to be used up, and then start pumping again once prices had risen above $100 again.  That would be common sense.  But that isn’t how things are playing …

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Does Britain have a savings crisis or a credit crisis?

Savings

It will not be a climate crisis or an energy crunch that will mark the start of our collapse.  Credit will be the first casualty of our predicament Claiming that Britain has a “savings crisis” is a bit like saying that someone infected with the Ebola virus has a fever.  …

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