Salient to Investors: Fareed Zakaria said: Iraq no longer exists. Many of the Arab states around Iraq are more anti-Shiite than they are anti-ISIS. ISIS gets support from the discontent of Sunnis who feel persecuted by the Shiite and Alawite governments of Iraq and Syria. Britain that has lost its special
READ MORE... →Fareed Zakaria said: It is the big, contentious democracies, Britain and the US, that have prevailed in the world, not Nazi Germany, Imperial Japan and the Soviet Union. No organization has ever benefited from being able to be the sole judge of its own performance. Ruchir Sharma at Morgan Stanley said:
READ MORE... →Salient to Investors: Marco Lambertini at The World Wildlife Foundation said: More than half of the world’s vertebrates have disappeared between 1970 and 2010, primarily due to exploitation (37%), habitat degradation (31%), habitat loss (13%), and global warming (7.1%). Meanwhile the human population has nearly doubled. Latin America’s biodiversity dropped 83%,
READ MORE... →Salient to Investors: The lost medieval city of Angkor in Cambodia once covered 1,000 sq km – only equalled by London some 700 years later – and contained nearly a million people and the world’s biggest religious complex covering area 4 times larger than Vatican City. The end of the
READ MORE... →Salient to Investors: The International Programme on the State of the Ocean said the health of the oceans is deteriorating even faster than had previously thought, and says conditions are ripe for the sort of mass extinction event that has afflicted them in the past. IPSO said the oceans have
READ MORE... →Salient to Investors: Robert Bryce at the Manhattan Institute writes: Any transition away from our existing energy systems will be protracted and costly. Energy transitions occur over decades, even centuries. Coal use in the US is declining, but it is soaring in the developing world and booming in Europe. Global carbon
READ MORE... →Salient to Investors: Jeremy Grantham said: The biggest issue we face is deterioration of the environment, particularly climate damage. In the US, the biggest problem is coal and tar sands. If we burn half or more of the coal and tar sands in two areas in North America, there is
READ MORE... →Salient to Investors: 16 of the 29 US states requiring utilities to buy renewable energy are considering paring back those mandates after a plunge in natural gas prices. Read the full article at http://www.bloomberg.com/news/2013-04-23/u-s-states-turn-against-renewable-energy-as-gas-plunges.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Marc Nettelbeck at DZ Bank said the entire energy switch has derailed – the difficulties connecting offshore wind farms to the power grid reduces their profitability and renders the original investment calculations of utilities invalid. Marc Oliver Bettzuege at Cologne University said the offshore expansion in Germany
READ MORE... →Salient to Investors: EU leaders didn’t discuss climate strategy at their four summits this year, and the matter didn’t emerge during US presidential debates. Fatih Birol at the IEA said climate policy is sliding off the international policy agenda. Scientists are increasingly concerned that the time to react is passing. Birol
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