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The Massive Cost of Not Adapting to Climate Change | Bloomberg

By Underground | September 9, 2019

  The world must invest $1.8 trillion by 2030 to prepare for the effects of global warming.  And that would yield $7.1 trillion in benefits, according to a group led by Bill … Continue reading The Massive Cost of Not Adapting to Climate Change | Bloomberg

One brutal sentence captures what a disaster money in America is

By Underground | September 6, 2019

“The bottom half of Americans combined have a negative net worth,” Bloomberg’s Ben Steverman wrote based on research of economists Emmanuel Saez and Gabriel Zucman. That’s NEGATIVE net worth for the bottom … Continue reading One brutal sentence captures what a disaster money in America is

Opinion: We analyzed 53 years of mass shooting data. Attacks aren’t just increasing, they’re getting deadlier – Los Angeles Times

By Underground | September 1, 2019

The Odessa and Midland, Texas, mass shooting further confirms what’s disturbingly clear: Attacks are becoming more frequent and are getting deadlier. Source: Opinion: We analyzed 53 years of mass shooting data. Attacks … Continue reading Opinion: We analyzed 53 years of mass shooting data. Attacks aren’t just increasing, they’re getting deadlier – Los Angeles Times

The Amazon rainforest has a point of no return

By Underground | August 27, 2019

“What we’re talking about here is an irreversible switch.” There is a doomsday scenario for the burning Amazon — the irreversible point at which the tropical land can no longer sustain itself … Continue reading The Amazon rainforest has a point of no return

Amazon fires: Europe puts pressure on Brazil, suggesting a new era of climate sanctions.

By Underground | August 23, 2019

Could economic sanctions and tariffs soon be used to fight climate change? Instead of using sanctions for purposes, usually related to oil, this use makes so much more sense. Saving the planet. … Continue reading Amazon fires: Europe puts pressure on Brazil, suggesting a new era of climate sanctions.

Unemployment is low only because ‘involuntary’ part-time work is high

By Underground | August 2, 2019

Unemployment is at record lows in both the UK and the US. But “involuntary” part-time work is at least 40% higher in both countries than it was 10 years ago. The structure … Continue reading Unemployment is low only because ‘involuntary’ part-time work is high

Is Congress rigged in favour of the rich?

By Underground | July 23, 2019

A new study finds that partisanship matters more than the influence of the wealthy The rich get what they want from their senators about 60% of the time, research shows. Source: Is … Continue reading Is Congress rigged in favour of the rich?

Facebook’s $5 billion FTC fine is an embarrassing joke

By Underground | July 13, 2019

Facebook gets away with it again When’s fines are so low they are simply the cost of doing business. Source: Facebook’s $5 billion FTC fine is an embarrassing joke – The Verge Continue reading Facebook’s $5 billion FTC fine is an embarrassing joke

Massive Forest Restoration Could Greatly Slow Global Warming – Scientific American

By Underground | July 8, 2019

The right trees, planted in the right locations, could store 205 gigatons of carbon dioxide This would cost far less than another war. Source: Massive Forest Restoration Could Greatly Slow Global Warming … Continue reading Massive Forest Restoration Could Greatly Slow Global Warming – Scientific American

‘This doesn’t look like the best economy ever’: 40% of Americans say they still struggle to pay bills – The Washington Post

By Underground | July 5, 2019

Despite the longest U.S. economic expansion on record, many sit on the edge of financial disaster. This is because the unemployment figure doesn’t tell the whole story. Wages have remained essentially flat … Continue reading ‘This doesn’t look like the best economy ever’: 40% of Americans say they still struggle to pay bills – The Washington Post

The guts of an Apple iPhone show exactly what Trump gets wrong about trade

By Underground | June 26, 2019

Trump believes the money Americans spend on Chinese imports like the iPhone goes straight into China’s pockets. In reality, China gets very little value from it. The parts are made all over … Continue reading The guts of an Apple iPhone show exactly what Trump gets wrong about trade

G20 nations triple coal power subsidies despite climate crisis | Environment | The Guardian

By Underground | June 24, 2019

Major economies pledged a decade ago to phase out all aid for fossil fuels What is going on? Source: G20 nations triple coal power subsidies despite climate crisis | Environment | The … Continue reading G20 nations triple coal power subsidies despite climate crisis | Environment | The Guardian