Don’t Look at This

Years ago, I worked construction. Mainly residential stuff but several projects were connected to renovations of a downtown business. The address had(has) a courtyard with large steel gates and several times we had to do some welding on said gates in proximity to pedestrians passing on the sidewalk. During these occasions, we would station one of the guitar players laborers next to the action with a sign telling curious passersby something like, ‘Welding, Don’t look!’ Invariably, said passers would look directly at the sparkling blinding arc.

Nutso Trumpers have spooked politicians in D.C. today, saying they were returning for Trump’s inauguration and return to power. Trump himself has still been saying he won the election and is the real Preznit. Meanwhile, the government has done not so much about anything that happened on 1/6. Dallying about legislative fixes, allowing elected hucksters to read fantasies into the record, hold-up nominations, water down bills and glad-hand insurrectionists.

They are traitors. They broke more than norms. Come out smoking. Grab Hawley by the scruff of his IV neck and let him know his Jeff Davis-abetting will not be tolerated starting last Tuesday. Push the new Voting Rights Act. Put Harriet Tubman on the 20. Make DC and PR states. Get. In. Their. Faces.
The whole shebang remains on the cliff edge. Don’t look.

THE QUESTION

With apologies to Henri Alleg*, do self-identifying Republicans (elected and otherwise) embrace “American fascism” based on white supremacy, irrationality, ignorance, xenophobia, antisemitism, violence, and anger and dehumanization?

Those who haven’t, need to decide. It’s a pretty easy question, and for all those who have answered in the affirmative, they should be treated as such.

Recommended reading. Sartre’s introduction is important, the book itself, harrowing.

Planetary quandary as nomenclature

If you can get beyond the extraordinary and expected CEO worship, there are worthy bags to unpack on the subject of Capitalism struggling with the language of climate change:

Confusing climate terminology has become commonplace among governments, and in some cases can even understate more far-reaching goals. Kelly Levin at the World Resources Institute found that many European countries say their goal is carbon neutrality, but digging in the documents reveals the target covers all greenhouse gases. California, which would be the world’s fifth-largest economy if it were a country, makes the same mistake.

“These are growing pains, as we translate the science into what it means for business and society,” said Ateli Iyalla, managing director of North America for CDP, a group advocating emission disclosures. “It’s important to use the right language and get the terminology right to send the right signals to the marketplace.”

Suspicion of implied deliberate obfuscation is warranted, so caveat lector always. A fixation on the marketplace, kicking the can as far out as it can be painlessly imagined deserves skepticism. But this struggle is admitting a chief flaw of capitalism, as a system seeking to right itself when solutions beg its very existence. As a system ideology, capitalism will not be able to completely reconcile its culpability without a commensurately profitable framing, it’s just an impossibility, a sine qua non of the entire, roll-up-your-pants, build-the-deck-higher mentality in the face of literal and figurative rising seas.

We can be interested in this struggle as an intellectual, artistic matter, yet parsing its ongoing circulation throughout financial systems and wealth management strategies it must be seen as an altogether different sort of reckoning: signal-sending, profit-guarding and bottom-line-feeding. Until mass audiences awaken to lead with solutions – changes in mindset, how we live and and move about, big finance will continue to lead from behind. It’s all they really know how to do, reinforcing an atmosphere in which it is highly incumbent on all to compare its track record with any new directions they are offering.

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Dude diligence

This reddit/hedge fund cage match is everything about green (almost) rolled into one! It’s almost too much (get it?):

Wall Street hedge funds are scrambling, and it’s all because of a online investing forum that has more than 4 million members who self-describe themselves as “degenerates.”

Reddit’s WallStreetBets forum has surged in popularity after retail investors within the group successfully staged a gravity-defying short-squeeze in GameStop at the expense of hedge funds that were betting the physical video-game retailer was on its last legs.

A short-squeeze occurs when investors who are betting against the stock are forced to close out their position by buying the stock, further adding fuel to the fire.

As of Thursday morning, GameStop had a year-to-date gain of more than 2,400%. The rally in GameStop crushed Melvin Capital, a roughly $12 billion hedge fund that has suffered a more than 30% decline due to its short position in GameStop.

OMG, shorter all hedge fund doods: Stop doing what we do all the time because you’re not qualified to run a casino like we so definitely aren’t running, not at all, nosiree!

Bonus fun:

Legitimacy Crises

Republicans have gone from one lie to the next to others yet again, working ever so vainly to find some way to spare Trump the truth about his demise. In sewing all their pants together at the waist, few seem capable of running away or getting out of the boat as it takes on more and more water. Lord Saletan explains:

Having stoked this distrust, the president and his allies are now exploiting it. They argue that the fraud must be real since so many people believe in it, and that even if it can’t be proved, widespread disbelief in the results makes the election illegitimate. On Fox News, Republican poll numbers have become a routine substitute for evidence. Trump points to them as proof that “the election was rigged.” His campaign advisers, including Lara Trump, also cite these numbers. Last week, Sen. Ted Cruz said the Supreme Court should intervene because “39 percent of Americans right now believe this last election was rigged.” In Georgia, Sen. Kelly Loeffler demanded that the secretary of state resign because “Georgians have lost faith in our elections.” House Minority Whip Steve Scalise, noting the “distrust” felt by “millions of people,” refused to say that Trump should accept the verdict of the Electoral College.

A proportion of the country believes that Democrats, or other unseen forces, are taking away their freedom, liberty, and whatever else. But it’s Republicans themselves that are doing most of the heavy lifting here. How much gullibility compartmentalization does it take to keep believing that poverty and pollution both are natural? To believe that society and the commonwealth are intrinsically evil, that social justice goes against Christ? That an all-seeing omnipotent benevolence shines upon all but draws the line at national borders, skin color, gender, or sexual orientation? It must be exhausting. But they can’t take even an hour off or else liberal democracy will prevail and the temerity to count people and their votes will leave all the militia babies to cry in the night.

It all seems like such a necessary precursor to what they are most afraid of that some may assume after the fact they were complicit.

Good for Business

According to a non-profit that runs a global disclosure system for investors, companies, municipalities and even regions, companies taking strong climate action rose 46% just in 2020. Those rated highly by the nonprofit for their climate disclosures gained 5% more in the stock market than their peers over the past seven years.

And yet, the Nature Conservancy has gone old-school Papal, selling indulgences to companies to absolve them of their climate sins:

The Nature Conservancy recruits landowners and enrolls its own well-protected properties in carbon-offset projects, which generate credits that give big companies an inexpensive way to claim large emissions reductions. In these transactions, each metric ton of reduced emissions is represented by a financial instrument known as a carbon offset. The corporations buy the offsets, with the money flowing to the landowners and the Conservancy. The corporate buyers then use those credits to subtract an equivalent amount of emissions from their own ledgers.
The market for these credits is booming, according to BloombergNEF, a clean-energy research group. In the first 10 months of this year, companies used more than 55.1 million carbon credits to offset their emissions (equivalent to the pollution from 12 million cars), a 28% increase from the same period in 2019. While some of these credits are paying for projects that are truly reducing emissions, an unknown number represent inflated claims.
Few have jumped into this growing market with as much zeal as the Nature Conservancy, which was founded 69 years ago by a small group of ecologists seeking to preserve the last unspoiled lands in the U.S. In the seven decades since, the nonprofit in Arlington, Va., has grown into an environmental juggernaut, protecting more than 125 million acres. Last year its revenue was $932 million, which eclipsed the combined budgets of the country’s next three largest environmental nonprofits.

“For the credits to be real, the payment needs to induce the environmental benefit,” says Danny Cullenward, a lecturer at Stanford and policy director at CarbonPlan, a nonprofit that analyzes climate solutions. If the Conservancy is enrolling landowners who had no intention of cutting their trees, he adds, “they’re engaged in the business of creating fake carbon offsets.”

Barbara Haya, research fellow at the University of California at Berkeley, has studied these types of carbon projects for almost two decades. “We just don’t have time for false offsets that take credit for reductions that were already happening anyway,” she says.

Trees are extraordinarily important, but selling protected forests multiple times as carbon offsets is a phony practice. The wordplay around potential de-forestation and the urgency of doing more about a burning planet create a perfect field for corporate skullduggery. An environmental ledger, per se, that allows for continual stacking on both sides does little other than perpetuate the tried-and-false bottom-line thinking by corporations. They/we are going to actually have to do the hard stuff – slow boats, sun-powered planes, more density, more trains – to reduce net emissions. Real reductions, not carbon deals. Carbon offsets may once have been an easy way toward ‘doing’ something about climate change, but it is time to move away from them.

For I can raise no money by vile means*

Nobody has more contempt for Republican voters than professional Republicans:

The Trump campaign has been unrelenting in recent days with its all-caps, bold font, exclamation-point-ridden fundraising appeals: “THE DEMOCRATS WANT TO STEAL THIS ELECTION!” “We can’t allow the Left-wing MOB to undermine our election.”

They urge supporters to make donations to President Donald Trump’s election integrity defense, to ensure he has the “resources” he needs to keep the election from being “stolen.”

In the fine print of the fundraising blasts, it lays out that 60 percent of the contributions will first go to the new PAC, up to the maximum contribution of $5,000. The remaining 40 percent goes to the RNC up to the maximum $35,500. If that first 60 percent of the donation exceeds $5,000 the remnants go to the campaign’s “recount account”; if the 40 percent exceeds the $35,500 RNC maximum, only then does it go to the RNC’s legal defense fund.

That story was three weeks ago. By now they have raised more than $170m and it’s difficult to characterize as anything other than a nice haul. It can also be a struggle to sympathize with the donors, as it has always been:

The new NRA disclosures appear to constitute a formal admission of financial mismanagement, which the gun group had denied under months of mounting pressure. In August, following a lengthy investigation, Letitia James, the Attorney General of New York, filed a civil suit seeking to dissolve the organization, alleging the NRA had grown rotten from “a culture of self-dealing, mismanagement, and negligent oversight.” To James’s mind, LaPierre’s repayment represents a drop in the bucket. She told the Post that the $300,000 is “just a fraction of the millions he personally profited from,” and she accused LaPierre and his deputies of having raided “NRA coffers to fund lavish lifestyles that included private jets, pricey vacations, expensive meals and no-show contracts.” The Wall Street Journal recently reported that LaPierre is being investigated by the IRS for “possible criminal tax fraud related to his personal taxes.” LaPierre declined to comment to the Post.

We might call this Green brutality, because nothing reveals the vulnerable like the willingness to sell their fears back to them.

* For I can raise no money by vile means.
By heaven, I had rather coin my heart
And drop my blood for drachmas

Shakespeare, Julius Caesar, Act IV, Scene III

Kangaroo Democracy

Republican office holders and the people who support them do not want a functional country, much less a functional constitutional democracy. We can keep asking them if this is their final answer, they will keep voting for con men and flimflam artists.

The country they want, indeed the country they made sure we would have four years ago, had 148,302 COVID-19 cases two days ago, more then 130,000 each of the two days prior. This is what they wanted, this is what we have.

Now what do they want? Go back to normal, Pandemic be gone, don’t steal the election they lost, celebrate your positive test… the idiocy knows no bounds. It does know an end. We are at the beginning of that end now with Trump’s countdown to disinfection at 1600 Pennsylvania Ave.

The people in our lives who seek to continue to be part of this dysfunctional cohort – wanting it all to continue, wanting some of it (the mask parts) to end – what do we do with them? Ignoring this malignancy does not work; ignoring their part in it may keep the peace at the holidays… but we won’t have the usual Thanksgiving this year. They made sure of that. This current episode was avoidable, they made sure we didn’t, no siree. There is a direct consequence to selling out your vote and your country to a racist ignoramus not interested in anything outside of his personal benefit. This is one of them; unfortunately, there are also many more.

We can take heart in the events of the last week, but we’ve got to remember all of them. Republican voters have put us all in their boat, even if it feels like we finally have enough oars in the water to row to a better shore. Remember this effort, all the work it takes, and that they want it to fail. Unless or until they prove otherwise, they must be considered a danger to themselves. They must be considered in favor of a country that ignores recognized standards of law and justice, one that holds no standing outside of fearful, closed minds. They have warned us. They want a kangaroo republic – to leap over the facts and people they don’t like, to live a fantasy yesteryear, reciting incantations to conjure divine rights.

Meanwhile, let’s get more oars in the water. Everybody row.

Who’s the sucker?

Or, in the case of facebook, if you can’t tell what the product is – it’s you:

Facebook is the prime online, global incubator of racist, quasi-fascist propaganda, conspiracy theories, state-run psyops and agit-prop operations, even in at least one case actual state-backed programs of population transfer and arguable genocide. But to really understand the problem with Facebook we need to understand the structural roots of that problem, how much of it is baked into the core architecture of the site and its very business model. Indeed much of it is inherent in the core strategies of the post-2000, second wave Internet tech companies that now dominate our information space and economy.

Facebook is an ingenious engine for information and ideational manipulation. Good old fashioned advertising does that to a degree. But Facebook is much more powerful, adaptive and efficient. That’s what all the algorithms do. That’s why it makes so much money. This is the error with people who say the fact that people do bad things with Facebook is no different from people doing bad things with phones. Facebook isn’t just a ‘dumb’ communications system. It’s not really a platform in the original sense of the word. (The analogy for that is web hosting.) Facebook is designed to do specific things. It’s an engine to understand people’s minds and then manipulate their thinking. Those tools are refined for revenue making but can be used for many other purposes. That makes it ripe for misuse and bad acting.

As Josh says, fB is in the middle of another round of bad publicity and they deserve every bit of it. Obviously also another meaning of being green, but we CAN learn, get older and [a bit] wiser.

And speaking of TPM and green, find some good media you trust and pay for it. Support it. Help it exist. TPM is a good one that I’ve read for many years now. But don’t believe me, go check it out for yourself. Hit ’em up.

Image via.

Record melt of Greenland ice sheets in 2019

Alaska, Arctic National Wildlife Refuge, ANWR, the Narrows from Schrader to Peters Lake.

After a two-year slowing period through 2018, Greenland’s ice sheet lost a record amount of mass last year, according to a study published on Thursday:

That loss of 532 gigatons of ice – equivalent to about 66 tons of ice for each person on Earth – was 15% more than the previous record in 2012.

Greenland’s ice melt is of particular concern, as the ancient ice sheet holds enough water to raise sea levels by at least 20 feet (6 meters) if it were to melt away entirely.

The study adds to evidence that Greenland’s icy bulk is melting more quickly than anticipated amid climate warming. Another study last week indicated the island was no longer getting enough annual snowfall to replace ice lost to melting and calving at the glaciers’ edges.

“We are likely on the path of accelerated sea level rise,” Sasgen told Reuters. “More melting of the ice sheet is not compensated by periods when we have extreme snowfall.”

The study, published in the journal Communications Earth & Environment, used data collected by satellites to the gravitational force of the ice mass, which scientists can use to calculate how much snow and ice is locked within.

Other research has shown the melting is being helped by water pooling atop the ice and at meltwater streaming between the ice sheet and the bedrock beneath.

These studies are helping scientists refine their projections of how climate change will impact the Arctic, and how quickly. Sasgen compared the sobering process to getting difficult news from a doctor.

“It’s always depressing to see a new record,” Sasgen said.

But the studies offer insight into “where the problem is, and you also know to some extent what the treatment is,” Sasgen added.

Emphasis added, good grief. We know what we need to do, and if we reduce CO2 to limit global warming, then all these other concerns including sea level rise and ocean acidification can also be reduced.

But of course,

the Department of Interior approved plans to open ANWR, the Arctic National Wildlife Refuge, for leases to drill for oil

Event though, “At current and foreseeable oil prices, the industry’s appetite to drill in ANWR will be exceptionally low and quite possibly will be zero.” So we know what we need to do. Vote – by mail, carrier pigeon, with your honey, whatever it takes.

Image: Via Getty Images.