Australian (ASX) Stock Market Forum

Is Global Warming becoming unstoppable?

Well we are trying to reduce our emissions, as you have probably noticed.

But if we become a third world nation doing it, the emissions will probably end up like Bali or Ho Chi Minh, and that wouldn't be good either. lol

I suppose it is a case of " be careful what you wish for". lol

Might make our kids richer though. New industries, new higher tech manufacturing jobs; new projects to build them solar/wind farms.

Imagine how much more gas we can sell to Asians if we kept none of it back at all? Alright, not that much more than we do currently, but we'd be able to make a few more bucks out of it :D
 
China= axe to grind and massive potential to eff the world if they so choose.

China and Asia, was the go to areas to offshore manufacturing, the result was inevitable.
The Companies that off shored the manufacturing, made huge profits, the shareholders and executives made huge money.
Now Trump has popped the bubble, the multinationals aren't happy. lol
 
Might make our kids richer though. New industries, new higher tech manufacturing jobs; new projects to build them solar/wind farms.

Imagine how much more gas we can sell to Asians if we kept none of it back at all? Alright, not that much more than we do currently, but we'd be able to make a few more bucks out of it :D
No it is just a sad ending. IMO
But I'm happy, my grandson's best mate at school is chinese, he is teaching my grandson mandarin. :xyxthumbs
 
China and Asia, was the go to areas to offshore manufacturing, the result was inevitable.
The Companies that off shored the manufacturing, made huge profits, the shareholders and executives made huge money.
Now Trump has popped the bubble, the multinationals aren't happy. lol

Trump said he pops the bubble. But not really though.

The corporations affected by either get exempts [Apple], or get to pass on the tariffs to consumers but get subsidised back for any losses. That's how they look after their bosses. And that should give these multinationals enough time to start diversifying away from China... and into other Asian cheap labour.

Something they're already considering anyway as China is getting a bit more "expensive" than other more desperate people nearby.
 
Trump said he pops the bubble. But not really though.

The corporations affected by either get exempts [Apple], or get to pass on the tariffs to consumers but get subsidised back for any losses. That's how they look after their bosses. And that should give these multinationals enough time to start diversifying away from China... and into other Asian cheap labour.

Something they're already considering anyway as China is getting a bit more "expensive" than other more desperate people nearby.

He might not have popped the bubble, but he certainly has put a rocket up the multinationals ar$e.
Which is a good thing, even you complain about the multinationals exploiting third World Countries, for their cheap labour.
Trump love him or hate him, has said if you want to off shore manufacturing to exploit cheap labour, we will put a tarrif on the imports.
Australia has had all our value added manufacturing shut down, because cheap overseas labour undercut us, yet we somehow have to fund the welfare system that the manufacturing supported.
Now we have the weird attitude, to say that Trump is wrong, what so the mutinational's are right to maximise profits by outsourcing and exploitng cheap labour?
People really need to work out what they are supporting. IMO
Just my opinion, and it as been proven wrong on numerous occassions.
 
In the suburb I'm in there is only two " European" style kids, in the granson's class, and he is one of them.:laugh:

What's "European" style kids?

A family friend of ours live in Perth. He moved there some years ago during the mining boom. Found some babe and started a family there.
 
What's "European" style kids?

Well answering that would be a mine field. lol

I worked for the U.S Navy a long time ago, in the early 1980's, I made a lot of African American friends.
Well one day I asked one of them, WTF do I call you people Negro, Black American, Coloured?
He said mate, we're Black, your White, get over it. lol
But it really was awkward trying to work out what wouldn't offend them, and that was back in the early 80's.
What seems to have happened now, is everyone has realised we piss on ourselves, to facilitate everyone else.
I think it is a British origin thing, they are always trying to excuse themselves, which eventually everyone has picked up on. lol
Even you used it. lol
 
He might not have popped the bubble, but he certainly has put a rocket up the multinationals ar$e.
Which is a good thing, even you complain about the multinationals exploiting third World Countries, for their cheap labour.
Trump love him or hate him, has said if you want to off shore manufacturing to exploit cheap labour, we will put a tarrif on the imports.
Australia has had all our value added manufacturing shut down, because cheap overseas labour undercut us, yet we somehow have to fund the welfare system that the manufacturing supported.
Now we have the weird attitude, to say that Trump is wrong, what so the mutinational's are right to maximise profits by outsourcing and exploitng cheap labour?
People really need to work out what they are supporting. IMO
Just my opinion, and it as been proven wrong on numerous occassions.

Trump's just a politician. He can't decide or run anything without being approved by those who actually own and run the place. i.e. those who are actually richer and much smarter than he is.

So all his talk of this and that to control offshoring of jobs, fighting for the American plebs... to use your words... feeding the chooks.

Saw a recent interview with a Marxist [leftist professor of economics]... he was discussing Keynes and his economics. Basically, Keynes a capitalist [I know]... but his ideas was an enlightened one. In that, if capitalists want to keep all their assets and their heads, they better make sure that the peasants are well looked after else they have way too much time on their hands, sharpening pitchforks.

Western/American capitalists are fast coming to a point where those around them have more to gain by an uprising rather than keeping on taking it.

Unlike places like China or Vietnam or Africa... Western plebs can't really be forced march into labour camps or executed if they peacefully disobey and peacefully assemble.
 
Well answering that would be a mine field. lol

I worked for the U.S Navy a long time ago, in the early 1980's, I made a lot of African American friends.
Well one day I asked one of them, WTF do I call you people Negro, Black American, Coloured?
He said mate, we're Black, your White, get over it. lol
But it really was awkward trying to work out what wouldn't offend them, and that was back in the early 80's.
What seems to have happened now, is everyone has realised we piss on ourselves, to facilitate everyone else.
I think it is a British origin thing, they are always trying to excuse themselves, which eventually everyone has picked up on. lol
Even you used it. lol

Most poms are just too polite. But then it's always the polite one isn't it?

It's just a social norm to call people by their name unless you're pal with them right?

Only friends can call each other nick names and curse and stuff.

That and you're only allowed to use racial slurs when you're that race.
 
Trump's just a politician. He can't decide or run anything without being approved by those who actually own and run the place. i.e. those who are actually richer and much smarter than he is.

So all his talk of this and that to control offshoring of jobs, fighting for the American plebs... to use your words... feeding the chooks.

Saw a recent interview with a Marxist [leftist professor of economics]... he was discussing Keynes and his economics. Basically, Keynes a capitalist [I know]... but his ideas was an enlightened one. In that, if capitalists want to keep all their assets and their heads, they better make sure that the peasants are well looked after else they have way too much time on their hands, sharpening pitchforks.

Western/American capitalists are fast coming to a point where those around them have more to gain by an uprising rather than keeping on taking it.

Unlike places like China or Vietnam or Africa... Western plebs can't really be forced march into labour camps or executed if they peacefully disobey and peacefully assemble.

At least he is rattling the 'can'.
He might not be achieving much.
But the multinationals, sending manufacturing to cheap labour, has been going on for decades.
Whether people like it or not, it has been improving those third World Countries lifestyles and it will need reigning in otherwise it will overshoot. Like it or not.lol
 
At least he is rattling the 'can'.
He might not be achieving much.
But the multinationals, sending manufacturing to cheap labour, has been going on for decades.
Whether people like it or not, it has been improving those third World Countries lifestyles and it will need reigning in otherwise it will overshoot. Like it or not.lol

Not sure how Trump managed to bs his way into the WH, but yea, he did it. Maybe the American public are too fed up with political insiders bs, too desperate that they figured this guy's so full of it he can't possibly be lying. That and he's "an outsider" who's an entrepreneur and deeply love America 'cause he hates anyone who isn't one.

Anyway, his daughter just got granted a few more trademarks in China. That's on top of the dozen or so her companies got during daddy's first year in office.

So much for keeping it American. I bet she's getting those trademarks so her firm can go over to China to teach them how to empower women and love real estate.

------------

Offshoring of jobs to third world ["emerging"] economies did benefit those countries. BUT...

But the vast benefits goes to US/Western/Foreign corporations and a few handpicked local elites who know a guy who runs the politburo.

A guy I know, and I consider him a friend even though I haven't spoke to him for years now. He's in VN, got odd jobs here and there... and one of the jobs was a labourer at a new resort/golf course they're building.

Work like dogs in the sun for $100AUD a month.

So I guess they benefit in that they have a job and could buy food. Not exactly raking it in you know.
 
Offshoring of jobs to third world ["emerging"] economies did benefit those countries. BUT...

But the vast benefits goes to US/Western/Foreign corporations and a few handpicked local elites who know a guy who runs the politburo.

A guy I know, and I consider him a friend even though I haven't spoke to him for years now. He's in VN, got odd jobs here and there... and one of the jobs was a labourer at a new resort/golf course they're building.

Work like dogs in the sun for $100AUD a month.

So I guess they benefit in that they have a job and could buy food. Not exactly raking it in you know.
Well you could sponsor him to Australia, if he is a friend and a good worker, he will get more than that on the dole. :xyxthumbs
There are heaps of jobs in the outback mining and in the Riverena fruit picking, he probably just needs a sponsor to get here.
Come on man up and do the right thing.
 
At least he is rattling the 'can'.
He might not be achieving much.
But the multinationals, sending manufacturing to cheap labour, has been going on for decades.
Whether people like it or not, it has been improving those third World Countries lifestyles and it will need reigning in otherwise it will overshoot. Like it or not.lol

The thing about China's comrades, and I think this has a lot more to do with the fact that their plebs would overthrow them otherwise... but they are not selling out their country's interests to foreigners.

I mean, sure, they allow their exploitation, relax environmental controls to zero, let a few get (of their friends and family to really, seriously) rich first... but they don't dare offload the "national interest" the way the waning Qing mandarins did during the late 1800s and early 1900s.

In this sense they're like Meiji Japan. Luring in Western industrialists, let them share in the profit but do not permit them control of any national corporations or strategic footing.

Steal their technologies, adapt to Western best practises... then soon enough start to expand and "civilise" other Asians and Africans and South Americans and Australians. :D
 
@Ann this follow the money principle doesn't really hold water. The money flows to the so called climate change deniers via big business such Coal and Oil. Right wing media is funded moreso by business.
If you mean Elon Musk I'd consider it as he's starting to look like a bit of a grub now too. Universities/Academics seeking more funding perhaps.

But more money goes to the so called "climate change deniers" - Coal, Oil, Macquarie, News Ltd etc.
 
Following the money re responding to CO2 created climate change.

Let’s look at who really has the most to lose when it comes to weaning ourselves off the old, dirty ways of getting energy. … Take the 10 richest corporations in the world. Eight of them depend partially or even totally on the extraction and consumption of fossil fuels for their bottom line. Yes, 80% of the richest corporations in the world have everything to lose from giving up fossil fuels.


So yes, I absolutely agree: let’s follow the money. I think we can see where it leads!

And where are we going?

But let’s also consider this: we are currently undergoing as big a transition as we did when we went from horse-drawn buggies to the Model T Ford. Globally, renewable energy investment has outstripped fossil fuel investment since 2014. And China and India know this. They’re not investing in fossil fuels. They’re shutting down coal-fired plants and flooding coal mines and covering them in solar panels.

The money of the future IS in green energy. We are being left behind. Did you know that China already leads the world in wind and solar energy production? Are you okay with that?

https://www.yaleclimateconnections....omeback-strategies-in-it-for-the-money-part2/

 
Ann (and others). Did the books you read on CC discuss/address this sort of research by glaciologists ? The remainder of the article examines a number of historical examples of very quick climate flips.

Unknowingly on edge of a climate 'precipice'?

Scientists are keeping an eye on the prospects for abrupt climate change, with some findings prompting increasing concerns.

On September 17, a short paper in the journal Nature Climate Change caught the attention of Penn State University glaciologist Richard Alley. The article compared satellite observations of the Antarctic ice sheet between 2007 and 2017 with projections for the same period published in 2013 by the Intergovernmental Panel on Climate Change. The research showed that actual melting of the southern ice sheet has tracked the curve of the fastest change IPCC considered plausible.

In a decade of observations, the Antarctic ice sheet had shed 30 times more water than it would have had it receded at the low end of the IPCC estimates. If this trend continues, Antarctica could empty enough water into the world’s oceans to raise sea level by 1.5 meters by 2100, threatening the world’s largest cities, most of which are coastal. (Actual sea-level rise would be higher, including meltwater from the Greenland ice sheet and mountain glaciers, and the effect of expansion of warming sea water.)
Alley, a leading ice sheet expert, said in a phone interview that the results validate a fear that preoccupies him: that continued warming of the planet could propel the Antarctica to a tipping point, beyond which civilization-threatening sea-level rise could not be avoided. He said the new study contributes to an accumulating body of evidence of “mass loss that has accelerated.”

https://www.yaleclimateconnections.org/2018/10/unknowingly-on-edge-of-a-climate-precipice/


 
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