Sunday, August 29, 2021

The standard American diet: Downstream revenue for the U.S. health care system

I once heard someone say that the standard American diet (high in fat, sugar, salt and processed foods) was a mechanism for providing downstream revenue to the country's health care system. Two recent reports add to the mounting evidence about how this strangely destructive system involving both food and agricultural chemicals works.

One report focuses on the effects of eating soybean oil. That oil is one of the most ubiquitous ingredients in packaged food, and it makes up the lion's share of cooking oils. To test this assertion, next to time you shop for groceries, read the labels of the packaged food and cooking oils you buy (unless you are already careful to avoid soybean oil—in which case you'll have to read labels on things you wouldn't dream of buying).

So, what did the report find? "[S]oybean oil not only leads to obesity and diabetes, but could also affect neurological conditions like autism, Alzheimer's disease, anxiety, and depression." Now, that really does spell lots of revenue for the medical system. The study notes that "soybean oil is by far the most widely produced and consumed edible oil in the U.S., according to the U.S. Department of Agriculture."

Sunday, August 22, 2021

Whatever happened to China's revolutionary molten salt nuclear reactor program?

Several years ago during a radio interview, the host told me that the Chinese were planning on deploying a commercial modular molten salt reactor (MSR) by 2020. For context, these nuclear reactors are based on existing technology demonstrated by previous operating prototypes, can use fuel that is hundreds of times more abundant than the only naturally occurring fissile isotope (uranium-235), are resistant to making bomb-grade material, and cannot suffer meltdowns. Modular design could allow them to be built in factories and shipped ready to install to any suitable location.

The host was confident about his prediction because it had come from one of the many books circulating at the time telling us how great the human future would be and that new technology would solve all the world's major problems including hunger, climate change, environmental pollution and resource scarcity. This would happen in part due to abundant energy produced by MSRs even as human populations continued to grow.

Sticking to the narrow question of MSRs, I opined that development of complex technologies takes far longer than anticipated and that there are unique challenges in the utility industry. I guessed it would be 20 years before a viable commercial Chinese MSR would appear.

Sunday, August 15, 2021

Vaccine passports, globalism and the threat to humankind

Globalism is in retreat and world leaders don't understand that they are being forced by circumstances to prune it back. When the Biden administration announced that it is working on a plan that would require all foreign visitors to the United States to prove that they are vaccinated for COVID-19, it was yet another sign that the supposedly inexorable march toward greater and greater integration of global society is being reversed.

Globalism is a word used to mean many things. Let me offer a definition for what I mean from a piece I wrote in 2016:

[I define globalism as] the management of worldwide economic activity and growth by large multi-national corporations which have no particular allegiance to any one country or people. Our belief has been that this arrangement is the most rational and efficient. Therefore, trade deals which bring down barriers both to international trade and to the movement of capital and technology across borders are believed to encourage global economic growth. That growth supposedly will ultimately lift the world's poor into the middle class and enrich everyone else while doing it.

I should add that a chief feature of this world is its extreme connectivity both physically through air travel and shipping and electronically through the internet. That connectivity promotes worldwide understanding, communication and trade. It also creates serious vulnerabilities and possibilities for harm to individuals and organizations.

Sunday, August 08, 2021

All of a sudden: Climate change tipping points appear with a vengeance

Across the world climate change seems to have arrived earlier than expected. There are world-class athletes with bodies trained for endurance and strength breaking down from the extreme heat visited on the Tokyo Olympics by mother nature. There are the continuing wildfires in the American West that take out entire towns. The drought there is so bad that states are thinking about paying farmers NOT to irrigate their crops as a conservation strategy.

One of the other effects of climate change is heavier rains and devastating floods. Recent floods in Germany were caused by rains characterized as once-in-a-millennium, rains which, for example, killed more than 200 people and caused $1.5 billion in damage to the German railway network. But, of course, statements about once-in-a-fill-in-the-blank rains or droughts seem less and less relevant in the age of climate change as what we call extraordinarily destructive weather just morphs into "the weather."

Once-in-a-millennium rains also visited parts of China recently dumping in just three days an entire year's rainfall on one town of 12 million.

Sunday, August 01, 2021

Taking a short break - no post this week

I'm taking a short break this week and expect to post again on Sunday, August 8.

Sunday, July 25, 2021

Huge carbon capture pipeline network proposed: Industry's 'delay-and-fail strategy' rises again

An astute journalist I know once described carbon capture and storage (CCS) as a "delay-and-fail strategy" devised by the fossil fuel industry. The industry's ploy was utterly obvious to him: Promise to perfect and deploy CCS at some vague point in the future. By the time people catch on that CCS won't work, the fossil fuel industry will have successfully extended the time it has operated without onerous regulation for another couple of decades.

And because huge financial resources (mostly government resources) will have gone to CCS projects instead of low-carbon energy production, society will continue to be wildly dependent on carbon-based fuels (giving the industry further running room).

The trouble is that the cynical CCS strategy has already been under way and failing for more than two decades already. And yet, it is seeking a renewed lease on life with a proposal for a vast network of carbon dioxide pipelines "twice the size of the current U.S. oil pipeline network by volume." The public face of the effort is a former Obama administration secretary of energy with a perennially bad haircut, Ernest Moniz.

Sunday, July 18, 2021

Has OPEC finally won the war against shale oil?

I have maintained for the past six years that a key goal of OPEC has been to so demoralize investors in shale oil that they stop sending money to the companies that drill for it. As I've written previously, I believe that OPEC's contest with the shale oil industry is "part of a broader strategy meant to maximize Saudi revenues as production in the kingdom hovers at an all-time high over the next decade before beginning a decline." It now appears that OPEC may have finally won its war against shale.

Investment in shale oil companies has finally collapsed—even as oil prices levitate. It has been a long time coming. The industry would like you to believe that it is now showing "restraint" in its capital spending. But, to use a dieting analogy, there is a big difference between watching what you eat and having your jaw wired shut—involuntarily in this case. The industry has experienced the equivalent of the latter in the capital markets.

What has amazed all of us who watched this battle play out is that OPEC didn't win sooner. The relentless tolerance for losses among investors was beyond belief. And, when those investors returned in force after a brief vacation during the oil price bust in 2015, we skeptics grew concerned that rational thought had been eliminated from the universe.

Sunday, July 11, 2021

Taking a short break - no post this week

I'm taking a short break this week and expect to post again on Sunday, June 18.

Sunday, July 04, 2021

Climate change consequences: Too hot, too wet and out of time

The last few weeks have demonstrated that we have arrived at the climate change catastrophe long prophesied by climate scientists—a catastrophe that many thought we still had decades to avert.

In the Pacific Northwest high temperatures broke records day after day. In my former home of Portland, Oregon the temperature reached 116 degrees F (47 degrees C). If you look at the average high temperatures in Portland in summer, you'll see why air-conditioning is not a feature of the average Portland home or apartment. I lived comfortably without it during the four years I was there. Last week Portland seemed as if it had moved to the desert Southwest.

North and south of Portland, the extreme drought in the West continues as wildfires swirl toward another terrible season. Wildfires now dot British Columbia as well as Western Canada suffers from extreme heat. And, drought exacerbated by climate change is occurring on other continents including in the Brazilian Amazon rainforest and in Thailand.

Sunday, June 27, 2021

Modern architecture: Ugliness is Beauty

There's a joke about contemporary architecture schools (which I've related before) that goes something like this: The purpose of architecture schools these days is to graduate tortured geniuses who design one-of-a-kind buildings which have no relationship to their surroundings. But I think the joke is on us. Board after board, commission after commission, and company after company have approved the most hideous buildings, believing they were being forward-thinking, open-minded and on the leading edge.

John Ruskin, the great Victorian art critic, observed that art both reflects and instructs the society in which it is embedded. The cartoonish buildings which now deface the American skyline and those in many cities around the world reflect a fundamental disturbance in the mind of the architectural community. But they also reflect the minds of those who approved these buildings, minds which appear untethered to any sense of historical continuity or human connection.

That is the curse of an age which believes it has now freed itself from the past. We have lost all perspective and anchoring. And, instead of being free, we have become bewitched characters in an Orwellian fantasy in which ugliness is beauty and love of beauty is some kind of pathologically naive attachment to bourgeois values—values which have no sympathy for the rising democratic spirit of the age.