Here is a rough transcription of the presentation for people who are hard of hearing. Apologies for the lack of grammar, I am working to improve the automated transcriptions -
hello population of spaceship Earth this is here speaking a start in the financial Times beyond bricks and Argentina’s new oil rules are worse than nationalisation do do do do is basically the art article says that Kitchener whose the chick what’s in charge down Argentina way is going off the rails a bit and Argentina is doomed that it went to his financial Times again US buyers turn to Brazil for cheap corn the US is turning to Brazil for help with corn supplies has low stocks and the worst drought in half a century haunt the world leading grain exporter world’s leading grain exporter in a state you are importing from Brazil meet companies including top oil producer Smithfield have arranged to ship Brazilian call to the US East Coast as his become cheaper than rations from the US corn belt according to people familiar with the transactions financial ties for number three US politics and policy US meat producers seek ethanol waiver United States livestock and poultry industry urged federal regulators to suspend a government mandate for ethanol use for the first time as severe drought lifts the price of corn feed a coalition of baroque pop beef pork chicken in dairy producers said United States renewable fuels standard which requires billions of gallons of corn-based ethanol to be blended with motor fuel should be waived in whole or in substantial part for 12 months rules rules rules and regulations are and New York Times: food not fuel it is not often that a stroke of a pen can quickly undo the ravages of nature but federal regulators now have an opportunity to do just that Americans food budgets will be hit hard by the ongoing Midwestern drought the worst since 1956 food bills will rise and many farmers will go bust an act of God right well the drought itself may be but a human remedy for some of the fallout is at hand if only the federal authorities would act by suspending renewable fuel standards that were unwired is from the start the environmental protection agency could divert vast amounts of corn from inefficient ethanol production back into the food chain when market forces and common sense dictate it should go rules and big delaying insurance oil and gas financial Times BHP takes $2.84 billion write-down over shale fork shale was doing so well manliness clobbers Chief Executive of BHP Billiton will not take a bonus this year after the worlds biggest resources come out come come come company was forced to take a large write-down against the value of its United States shale gas assets BHP blamed the glut of gas supply in the US for a $2.84 billion impairment charge against the value of its finely by yet to reveal gas assets which it acquired for 404.7 5,000,000,018 months ago so as well over half that money has gone Private sector making a bit of a boo-boo yelling energy and water collision and much of a read of this the opening paragraph our power sector is built for a water rich world our power sector is built for a water rich world conventional fossil fuel and nuclear power plants require water to cool the steam they generate to make electricity at some powerplant a lot of the water they withdraw gets evaporated in the cooling process at others much of the water is discharged back into its source albeit hotter the bottom line most power plants need a huge steady supply of water to operate and in hot dry summers that water can become hard to secure and can enter them bottom arm ongoing water to warm them at the bottom to prevent hot water from doing harm to fish and other wildlife powerplants typically aren’t allowed to discharge cooling water above certain temperature rules and regulations when powerplants bump up against those limits they can be forced to dial back power reduction or shut down Alabama’s Browns Ferry nuclear plant on the Tennessee River has done just that on several occasions in recent years cutting its output through the last five summers for example and for five consecutive weeks in one of those years 2010 household electricity needs were met by other power generators but a higher price just to save the fish rules and regulations are made by people people are fallible are people you and me are people we would make fallible regulations and if we did not have any regulations upon us we would make very fallible decisions beauty San Diego will finish with this special report Aqua fires aquifers consortia aquifers shrinking national nation digs deeper now this is one my favourite when year aquifer is going down the scientific people but everybody bloody well knows about it here and it keeps going down and down and down what are we going to do about it at reader couple of bit out of this one of those blog sites go right to the edge of the blog sites out to get a good shape when actor Paul out a lot of information which you can pause and read if you like but I’m only going to read the first four paragraphs deep underground far out of sight and out of mind for most people dreams are turning to dust few pace places in Southern California is that more evident than the desert sands of the read go springs spring is where residents farmers and golf course operators are sucking about four times as much water from the ground each year as nature or replaces there been pumping so hard for so long that the community’s main aquifer could essentially run dry after a few more decades that’s a dire possibility a recent study showed it would be prohibitively expensive to build a pipeline to an outside source dimming prospects have left residents scared and angry in a town whose names seems ironic that Arrigo Springs resident Ray Schindler fears the worst I think is that this community is gone run out but chat and paragraph number three was in a few more decades in a few more decades later in the article where should we read here component just opening California officials estimate 750,000 wells have been drilled in California and about 20,000 more added each year they are viewed essentially as property right with few constraints though several regions of the state have set rules to curb overuse tragedy of the common some body has to regulate it all for its a disaster because people will say providing a user water my neighbour or use in adult water or the golf course down the road will use the water so I might sucking up in use as quick as possible or they will hire good to do with our lot was in reading this residence of the re-go springs don’t have the option of relying on imported water because they aren’t connected to the outside source via aqueducts homeowners golf courses and farmers in the desert town of tapping the regions aquifer system about four times faster than refills it quite a long article at white with group re-feed itself… Go to the bottom Arrigo water district officials can encourage conservation but they can’t force farmers or golf courses with their own wells to cut back even though those groups use an estimated 90% of the water so the agency is proposed a cooperative groundwater management program for the base even though entrenched interests suggests that it will be difficult to achieve Los Angeles lawyers who represent Arrigo growers say the district’s efforts have been marked more by demands and cooperation shock horror making litigation more likely for those residents who think the sooner great solution is just a force all farmers out or eliminate agriculture in the area all you are doing is making a lot of lawyers happier because there will be such a battle in our state we have property rights and we have the rule of law says everybody who wants to do just what they wanted rules and regulations are made by fallible people like you and me if
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