Month: December 2014

December 1, 2014 0

Podemos "Economic Manifesto" Calls for Debt Restructuring, Spain to Abandon the "Euro Trap"

By News Desk

Via translation from Libre Mercado, Podemos Admits Its Economic program Unfeasible Under Current Euro . Globalization and National Sovereignty Incompatible The document includes harsh criticism of globalization, stating  " democracy, national sovereignty and global economic integration are mutually incompatible. " Euro Trap "Besides being quite integrated into the global economy, Spain is mostly integrated in the euro monetary union and this also represents a first order constraint when developing an economic program of government." "Our membership of the single European currency means, as is well known, that do not have essential instruments of economic policy, as control over the amount of money or the external value of the currency

December 1, 2014 0

Ozone Photochemistry Part I.

By News Desk

Tweet Over the US Thanksgiving holiday, well, actually in the news hole right before it, on Wednesday afternoon, US EPA announced new rules for ambient ozone, dropping the current limits from 75 ppb to 65-70 ppm with fairly long timelines to meet those limits. What the EPA means by such a standard is that the an area would meet the primary standard if the fourth highest maximum daily 8-hour ozone concentration per year averaged over three years  is equal to or less than the standard   Neela Banerjee and Tony Barboza in the LA Times describe the new rules and the reaction to it, principally from the usual suspects who have never been right when they declared the end of the world as we know it due to some environmental improvement.  They have a pretty good Mom Rabett level explanation of how the ozone is formed Ozone is created when unstable gases are released during combustion, whether at power plants, factories or in vehicle engines. The pollutants react with sunlight to create ozone, which can trigger asthma attacks, worsen heart and lung disease and lead to premature deaths.