Zum Hintergrund des Rückzugs großer Investoren der Wall Street aus dem Netzwerk Climate Action 100+. Der Rückzug ist vor allem das Ergebnis zunehmenden Drucks aus der Republikanischen Partei. Er hängt auch damit zusammen, dass Climate Action 100+ in einer Phase 2 von seinen MItgliedern nicht nur Informationen über die Klimafolgen von Investitionen verlangte, sondern Aktionen gegen fossile Emissionen. Dem Journalisten David Gelles zufolge werden die Wall Street-Firmen ihre bisherige, auf Redukton von Emissionen ausgerichtete Linie aber nicht völlig aufgeben. Weitgehend ist und bleibt diese Firmenpolitik aber kosmetisch. https://www.nytimes.com/2024/02/20/climate/wall-street-environmental-pledge-retreat.html

Gut recherchierter Überblicksartikel zur zunehmenden Ausbeutung von Erdgas im Senegal und Ländern. https://www.washingtonpost.com/world/2024/01/31/senegal-natural-gas-climate-change/

An der Küste Louisianas schädigt der Bau von LNG-Terminals die Umwelt. Deutsche Konzerne profitieren von den laxen Kontrollen. Der Bedarf Deutschlands treibt den LNG-Boom weiter an, deutsche Banken beteiligen sich an der Finanzierung. Reportage der Tat https://taz.de/LNG-Boom-in-den-USA/!5975624/

Die taz beschäftigt sich mit den Vorschlägen Emmanuel Macrons zur Klimafinanzierung für den globalen Süden. Dabei geht es u.a. um neue Regeln für Weltbank und IWF, um eine Beteiligung vor allem Chinas an der Finanzierung ärmerer Länder und um Kreditvergaben zu deutlich niedrigeren als den jetzigen Zinsen. Für den Erfolg dieser Pläne wird entscheidend sein, ob beim G20-Gipfel im November 24 und bei der COP30 entsprechende Beschlüsse gefasst werden.https://taz.de/Geld-fuer-den-Klimaschutz/!5984779/

• for: search for - low carbon bank

• to

  • inspired search:[how much of royal bank of canada investments is in fossil fuels?] (https://search.brave.com/search?q=how+much+of+royal+bank+of+canada+investments+is+in+fossil+fuels%3F&source=desktop)

• limitation

  • their tools listed are situated in the US only

• for: stats - bank emissions

• stats: bank emissions

  • if your bank is equivalent to the largest 11 US banks, the Project Drawdown report estimates
    • 0.24 metric tons of CO2 for every $1,000 USD saved in the bank
    • between 20 to 30 percent of your money is likely used to finance fossil fuel projects or other carbon intensive sectors like mining.

to: [Fast Company article on bank emissions] (https://hyp.is/go?url=https%3A%2F%2Fwww.fastcompany.com%2F90996425%2Fhow-to-break-up-with-your-bank&group=world)

• for: polycrisis - entrenched institutional bias, examples - entrenched institutional bias - bank macro economic policy - lobbyist

• paraphrase

  • James provides two examples of major institutional bias that has to be rapidly overcome if we are to stand a chance at facilitating rapid system change:
    • Bank of England controls macroeconomic policies that favour elites and not ordinary people and
      • these policies are beyond political contestation
    • In the normal political system, lobbyists through the revolving door between the top levels of the Civil Service and the corporate sector bias policies for elites and not ordinary citizens

Zu Beginn der COP28 wurde die Einrichtung eines loss and damage-Fonds entsprechend den kurz vorher vereinbarten Regularien beschlossen. Deutschland und die UAE sind die ersten Einzahler, andere Länder folgen. Damit kann die Konferenz mit einer Erfolgsmeldung beginnen. Die weitere Finanzierung ist allerdings unklar; die zu erwartenden Beträge bleiben weit hinter dem Bedarf zurück. https://www.theguardian.com/environment/2023/nov/30/agreement-on-loss-and-damage-deal-expected-on-first-day-of-cop28-talks

Auf den Öl- und Gasfeldern der Vereinigten Arabischen Emirate, darunter vielen, die der staatlichen Gesellschaft Adnoc gehören, wurde in den vergangenen 20 Jahren in großem Umfang routinemäßig Gas abgefackelt, was zu hohen Methanemissionen führt. Die Emirate hatten sich verpflichtet, das Abfackeln schnell zu reduzieren. Die dieser Selbstverpflichtung krass widersprechende Praxis gilt bei NGO als weiterer Beleg dafür, dass Selbstverpflichtungen der Fossilindustrie nicht getraut werden kann. https://www.theguardian.com/environment/2023/nov/17/cop28-host-uae-breaking-its-own-ban-on-routine-gas-flaring-data-showsactor

Seit dem Pariser Abkommen haben europäische Banken fossile Energieunternehmen durch die Ausgabe vom Anleihen in Wert von ca einer Billion (1000 Milliarden) Euro unterstützt, wie eine Recherche des Guardian ergibt. Anleihen (Bons) sind inzwischen die wichtigste Form der Finanzierung der Fossilindustrie. https://www.theguardian.com/business/2023/sep/26/europes-banks-helped-fossil-fuel-firms-raise-more-than-1tn-from-global-bond-markets

Die G20-Staaten haben fossile Energien 2022 mit dem Rekordbetrag von 1,4 Milliarden Dollar subventioniert, so ein neuer Bericht des International Institute for Sustainable Development. Ein großer Teil dieser Subventionen wurde als Reaktion auf die Energiekrise nach der russischen Invasion der Ukraine gezahlt. Die Subventionen stehen im Widerspruch zur Selbstverpflichtung bei der COP26, fossile Subventionen abzubauen. https://www.theguardian.com/environment/2023/aug/23/g20-poured-more-than-1tn-on-fossil-fuel-subsidies-despite-cop26-pledges-report

Die Weltbank hat 2022 3,7 Milliarden Dollar für fossile Investitionen zur Verfügung gestellt, obwohl sie offiziell eine Dekarbonisierungs-Politik vertritt. Das Geld floss als sogenannte „trade finance“, wie ein neuer Bericht von Urgewald zeigt. https://www.theguardian.com/environment/2023/sep/12/world-bank-spent-billions-of-dollars-backing-fossil-fuels-in-2022-study-finds

Urgewald-Studie: https://www.urgewald.org/node/1773

• Title
  • Detox Development: Repurposing Environmentally Harmful Subsidies
• Author
  • World Bank

• Title
  • Hiding in plain sight: The missing trillions for climate change
• Author Axel Van Trotsenburg
• Date
  • June 15, 2023
• Publisher
  • World Bank

Die Weltbank finanziert weiterhin in großem Umfang fossile Projekte, obwohl sie behauptet, nur Investitionen zu unterstützen, die mit dem Pariser Abkommen vereinbar sind. Die Richtlinen dazu lassen aber z.B. Investitionen in die Gasinfrastruktur zu und verlangen keine wissenschaftliche Begutachtung von Projekten anhand objektiver Kriterien. https://www.energymonitor.ai/finance/sustainable-finance/opinion-why-the-world-banks-paris-alignment-process-could-add-fuel-to-the-climate-crisis/?utm_source=cbnewsletter&utm_medium=email&utm_term=2023-07-03&utm_campaign=Daily+Briefing+03+07+2023 (via CarbonBrief)

93% der Länder, die am verwundbarsten durch die Klimakrise sind, sind bereits überschuldet oder stehen kurz davor. Trotzdem sind bisher Kredite das Hauptinstrument der Klimafinanzierung. Damit verschärft sich die Schuldenkrise vor allem vieler afrikanischer Staaten. Sie ist eines der Hauptthemen des Pariser Klimafinanz-Gipfels. Hintergrund-Bericht der Libération mit vielen vertiefenden Informationen. https://www.liberation.fr/international/afrique/quinze-ans-apres-lafrique-rattrapee-par-la-dette-20230622_FC3LKPPATFCXDIGC4FS626ZE4E/

Oxfam: Climate Finance Shadow Report 2033 https://www.oxfam.org/en/research/climate-finance-shadow-report-2023

Fossile Brennstoffe, umweltschädliche Landwirtschaft und Fischfang werden jährlich mit mindestens 7,25 Billionen Dollar subventioniert. Insgesamt fließen pro Minute 23 Millionen Dollar umweltschädliche Subventionen – 8% des Bruttosozialprodukts. Mit 577 Milliarden USD waren fossile Subventionen 2021 doppelt so hoch wie die für Erneuerbare und fast sechsmal so hoch wie die zugesagte Klimafinanzierung für den globalen Süden. https://www.theguardian.com/environment/2023/jun/15/vast-fossil-fuel-and-farming-subsidies-causing-environmental-havoc-world-bank

Bericht der Weltbank: https://www.worldbank.org/en/topic/climatechange/publication/detox-development

Based on yesterday's discussion at Dan Allosso's Book Club, we don't include defense spending into the consumer price index for calculating inflation or other market indicators. What other things (communal goods) aren't included into these measures, but which potentially should be to take into account the balance of governmental spending versus individual spending. It seems unfair that individual sectors, particularly those like defense contracting which are capitalistic in nature, but which are living on governmental rent extraction, should be free from the vagaries of inflation?

Throwing them into the basket may create broader stability for the broader system and act as a brake via feedback mechanisms which would push those corporations to work for the broader economic good, particularly when they're taking such a large piece of the overall pie.

Similarly how might we adjust corporate tax rates with respect to the level of inflation to prevent corporate price gouging during times of inflation which seems to be seen in the current 2023 economic climate. Workers have seen some small gains in salary since the pandemic, but inflationary pressures have dramatically eaten into these taking the gains and then some back into corporate coffers. The FED can increase interest rates to effect some change, but this doesn't change corporate price gouging in any way, tax or other policies will be necessary to do this.

Wolff, Tobias. “Bullet in the Brain.” The New Yorker, September 17, 1995. https://www.newyorker.com/magazine/1995/09/25/bullet-in-the-brain.

!- world bank : leader is a climate denier

https://www.wsj.com/articles/david-rockefellers-famous-rolodex-is-astonishing-heres-a-first-peek-1512494592

1. Federal Reserve Bank, “Report on the Economic Well-Being of U.S. Households in 2019” (Washington DC: Board of Governors of the Federal Reserve System, 2020).

Similarly Paul Wolfowitz was U.S. Deputy Secretary of Defense running the U.S. war in Iraq before leaving to become the 10th President of the World Bank.

McNamara was the 5th President of the World Bank.

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Figure out which project(s) to use at the Bank.

Lowes, S., & Montero, E. (n.d.). The Legacy of Colonial Medicine in Central Africa. American Economic Review. https://doi.org/10.1257/aer.20180284

Jim and I ran head-on into this one today.

やることはあまり変わらない

It would be rather anti climactic for the mystery to be dependant on waiting for the reclaim of the diamond from the bank. It makes me believe that something else is likely to happen in between that timeframe, perchaps a new fact that reveals a different location of the diamond. At any rate it seems as if this part of the plot (the diamond resting in a bank) may not be what's really going on... Interested to see what is missing here, maybe Franklin will somehow remember something from before that event that renders this fact irrelevant, assuming that Rachel is truthful and did indeed see Franklin steal the diamon.

Bartik, A. W., Cullen, Z. B., Glaeser, E. L., Luca, M., Stanton, C. T., & Sunderam, A. (2020). The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses (Working Paper No. 27623; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27623

Li, L., Strahan, P. E., & Zhang, S. (2020). Banks as Lenders of First Resort: Evidence from the COVID-19 Crisis (Working Paper No. 27256; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27256

Hartley, J. S., & Rebucci, A. (2020). An Event Study of COVID-19 Central Bank Quantitative Easing in Advanced and Emerging Economies (Working Paper No. 27339; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27339

Lyons, Richard K, and Ganesh Viswanath-Natraj. ‘What Keeps Stablecoins Stable?’ Working Paper. Working Paper Series. National Bureau of Economic Research, May 2020. https://doi.org/10.3386/w27136.

Correa, R., Du, W., & Liao, G. Y. (2020). U.S. Banks and Global Liquidity (Working Paper No. 27491; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27491

Reichlin, L. (2020, May 19). An interview with Lucrezia Reichlin. Project Syndicate. https://www.project-syndicate.org/say-more/ps-say-more-lucrezia-reichlin

Golden rule of talking to your bank

Phishing situation scenario:

• a person is called by attackers who identify as his bank
• the victim tell them to hold the line
• in the meantime, the victim calls his bank representative who confirms after a while that he is with them on another line
• in reality, the another line is done by attackers pretending to be him

Kentikelenis, A., Gabor, D., Ortiz, I., Stubbs, T., McKee, M., & Stuckler, D. (2020). Softening the blow of the pandemic: Will the International Monetary Fund and World Bank make things worse? The Lancet Global Health, S2214109X20301352. https://doi.org/10.1016/S2214-109X(20)30135-2

Does the constitutional right to privacy envisage the purpose limitation principle? Does it only apply to state/private parties acting on behalf of state or for purely horizontal relationships as well?

Where delegation of responsibilities, need for proper safeguards. Very relevant observation in the context of PPP models of governance and data collection/processing

ICCPR and UDHR as instrumental in foundation for affirmation of privacy

privacy derived from freedoms under 19, as well life and liberty under 21

2 important observations

• recognition of privacy attached to persons and and not places (moving beyond a propertarian view of privacy)

• sharing of information does not lead to forsaking a reasonable expectation of privacy. Without reference, repudiation of third party doctrine. privacy not quivalent with secrecy.

Canara Bank - reference made to penumbra of rights creating a zone of privacy

主机/终端 -> C/S -> B/S, 3 Tiers, BI/CRM -> SOA

Author affiliations:

• Costas Azariadis, Professor of Economics, Washington University in St.Louis
• James Bullard President and CEO, Federal Reserve Bank of St. Louis Aarti Singh Jacek Suda

Platí se nejspíš až za druhou a každou další kartu. Jedna karta je k MůjÚčet a Konto G2.2 zdarma.

This working paper was discussed in the Washington Post's Wonkblog on 28 May 2015 http://wapo.st/1LN3snw

Author affiliations:

• Costas Azariadis, Professor of Economics, Washington University in St.Louis
• James Bullard President and CEO, Federal Reserve Bank of St. Louis Aarti Singh Jacek Suda

active link to this working paper Optimal Monetary Policy at the Optimal Level Bound

Author affiliations:

• Costas Azariadis, Professor of Economics, Washington University in St.Louis
• James Bullard President and CEO, Federal Reserve Bank of St. Louis Aarti Singh Jacek Suda

Ist das wirklich wahr?