<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-506050792860516710</id><updated>2012-02-16T04:16:47.191-08:00</updated><title type='text'>TheJollyGreenCapitalist</title><subtitle type='html'>Yes!  We are allowed to make money while saving the planet.</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>25</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-4255610088807849056</id><published>2011-08-07T20:48:00.000-07:00</published><updated>2011-08-07T20:48:11.168-07:00</updated><title type='text'>Check out my new ebook - "GreenCapitalism - How it can save our planet and our economy"</title><content type='html'>Now available at &lt;a href="http://www.smashwords.com/books/view/74992"&gt;http://www.smashwords.com/books/view/74992&lt;/a&gt;&amp;nbsp; And it's free!&amp;nbsp; Download it.&amp;nbsp; Read it.&amp;nbsp; Review it.&amp;nbsp; Blog it.&amp;nbsp;&amp;nbsp;Link to it.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-4255610088807849056?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/4255610088807849056/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/08/check-out-my-new-ebook-greencapitalism.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/4255610088807849056'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/4255610088807849056'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/08/check-out-my-new-ebook-greencapitalism.html' title='Check out my new ebook - &quot;GreenCapitalism - How it can save our planet and our economy&quot;'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-3817035818725788009</id><published>2011-07-22T15:41:00.000-07:00</published><updated>2011-07-22T15:41:22.662-07:00</updated><title type='text'>A simple explanation of global warming and climate change - in less than 100 words!</title><content type='html'>&lt;span style="font-family: 'Times New Roman'; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-language: AR-SA; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US;"&gt;It is greenhouse gases that keep the Earth some 30 degrees warmer than the moon.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;As we have continued to produce more of those gases the planet has become warmer.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;That warming causes the oceans to rise through thermal expansion and the melting of land based ice.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;The warmer planet also increases evaporation from the land causing longer droughts.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;That same evaporation puts more moisture into the air, which then leads to heavier rain falls and heavier snow falls.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Finally, the increased temperature and the increased moisture supercharges our atmosphere giving us more powerful storms.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-3817035818725788009?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/3817035818725788009/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/07/simple-explanation-of-global-warming.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/3817035818725788009'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/3817035818725788009'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/07/simple-explanation-of-global-warming.html' title='A simple explanation of global warming and climate change - in less than 100 words!'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-5803297978894814355</id><published>2011-03-28T19:15:00.000-07:00</published><updated>2011-03-28T19:16:45.968-07:00</updated><title type='text'>We have crap public services because the government simply does not have enough cash</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;I have commented before on how &lt;place w:st="on"&gt;&lt;country-region w:st="on"&gt;Australia&lt;/country-region&gt;&lt;/place&gt; is one of the lowest taxed countries in the developed world.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Here is more evidence, from my favourite reading material – The Economist magazine.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;An excellent special report on the size of governments around the world is here - &lt;a href="http://www.economist.com/node/18359920?story_id=18359920"&gt;&lt;span style="color: purple;"&gt;http://www.economist.com/node/18359920?story_id=18359920&lt;/span&gt;&lt;/a&gt; &lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;This chart show total government spending as a %age of GDP.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Most of these figures are higher than total taxes as a %age of GDP.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;The difference between the two is made up primarily by increased government borrowings.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;The Economists’ heading is ‘It can’t go on’.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Which is partly true.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Increased government spending that is matched by taxes raised or for infrastructure borrowings that will increase productivity for repayment in the future is fine.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Increased government spending through borrowings for day to day expenses clearly cannot go on.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="separator" style="clear: both; text-align: center;"&gt;&lt;a href="http://2.bp.blogspot.com/-v7IF0tGnzbg/TZFAYMQjRLI/AAAAAAAAAB4/umPmW2V09k8/s1600/Government+spending+%2525+of+gdp.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="257" r6="true" src="http://2.bp.blogspot.com/-v7IF0tGnzbg/TZFAYMQjRLI/AAAAAAAAAB4/umPmW2V09k8/s400/Government+spending+%2525+of+gdp.gif" width="400" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;For reasons I don’t understand, The Economist rarely includes &lt;country-region w:st="on"&gt;&lt;place w:st="on"&gt;Australia&lt;/place&gt;&lt;/country-region&gt;’s data.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;But these are the figures for &lt;place w:st="on"&gt;&lt;country-region w:st="on"&gt;Australia&lt;/country-region&gt;&lt;/place&gt; from the same source – The International Monetary Fund.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;div&gt;&amp;nbsp;&lt;/div&gt;&lt;div align="center"&gt;&lt;table align="center" border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 232px;" x:str=""&gt;&lt;colgroup&gt;&lt;col style="width: 48pt;" width="64"&gt;&lt;col span="4" style="mso-width-alt: 1536; mso-width-source: userset; width: 32pt;" width="42"&gt;&lt;/colgroup&gt;&lt;tbody&gt;&lt;tr height="17" style="height: 12.75pt;"&gt;&lt;td class="xl24" height="17" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8; height: 12.75pt; width: 48pt;" width="64"&gt;&lt;/td&gt;&lt;td class="xl24" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8; width: 32pt;" width="42" x:num=""&gt;&lt;div style="text-align: center;"&gt;&lt;strong&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;1990&lt;/span&gt;&lt;/strong&gt;&lt;/div&gt;&lt;/td&gt;&lt;td class="xl24" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8; width: 32pt;" width="42" x:num=""&gt;&lt;strong&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;2000&lt;/span&gt;&lt;/strong&gt;&lt;/td&gt;&lt;td class="xl24" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8; width: 32pt;" width="42" x:num=""&gt;&lt;strong&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;2005&lt;/span&gt;&lt;/strong&gt;&lt;/td&gt;&lt;td class="xl24" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8; width: 32pt;" width="42" x:num=""&gt;&lt;strong&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;2009&lt;/span&gt;&lt;/strong&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr height="17" style="height: 12.75pt;"&gt;&lt;td class="xl25" height="17" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8; height: 12.75pt;"&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;Australia&lt;/span&gt;&lt;/td&gt;&lt;td class="xl26" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8;" x:num="0.29965999999999998"&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;30.0%&lt;/span&gt;&lt;/td&gt;&lt;td class="xl26" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8;" x:num="0.34604000000000001"&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;34.6%&lt;/span&gt;&lt;/td&gt;&lt;td class="xl26" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8;" x:num="0.33861000000000002"&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;33.9%&lt;/span&gt;&lt;/td&gt;&lt;td class="xl26" style="background-color: transparent; border-bottom: #ece9d8; border-left: #ece9d8; border-right: #ece9d8; border-top: #ece9d8;" x:num="0.37408000000000002"&gt;&lt;span style="color: #333333; font-family: Arial; font-size: x-small;"&gt;37.4%&lt;/span&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;/div&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;To give these percentages some meaning, our government is currently spending A$120 Billion a year LESS than the average!&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Wouldn’t that fix some of our problems, whether for renewable energy, improved public services or increased welfare.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-5803297978894814355?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/5803297978894814355/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/03/we-have-crap-public-services-because.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/5803297978894814355'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/5803297978894814355'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/03/we-have-crap-public-services-because.html' title='We have crap public services because the government simply does not have enough cash'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://2.bp.blogspot.com/-v7IF0tGnzbg/TZFAYMQjRLI/AAAAAAAAAB4/umPmW2V09k8/s72-c/Government+spending+%2525+of+gdp.gif' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-5382633200801900926</id><published>2011-02-28T18:02:00.000-08:00</published><updated>2011-02-28T18:02:41.194-08:00</updated><title type='text'>It is appalling that employee entitlements are not protected in a business insolvency</title><content type='html'>I still find it hard to believe that a developed country like Australia has no protection in place for money owed to employees when a company goes broke.&amp;nbsp; In most of the rest of the developed world, employee entititlements are paid out in priority to almost&amp;nbsp;everyone else. &amp;nbsp;When business's are short of cash the first thing they do is tap into any money put aside for holiday pay, long service leave and sick leave.&amp;nbsp; Then they&amp;nbsp;stop paying&amp;nbsp;super contributions and any other deductions that they take from their employees pay packet.&amp;nbsp;&amp;nbsp; The money that is taken from their entitlements then goes to - you guessed it, the banks!&amp;nbsp; &lt;br /&gt;&lt;br /&gt;There is also a strong argument that&amp;nbsp; very small business should also have some priority. &amp;nbsp;Many businesses now pay their workers as sub contractors rather than employees.&amp;nbsp;&amp;nbsp;So often you see very small businesses going to the wall&amp;nbsp; through little fault of their own, when big companies go broke.&amp;nbsp; That doesn't sound fair to me.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-5382633200801900926?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/5382633200801900926/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/it-is-appalling-that-employee.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/5382633200801900926'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/5382633200801900926'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/it-is-appalling-that-employee.html' title='It is appalling that employee entitlements are not protected in a business insolvency'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-8777700399577836399</id><published>2011-02-18T04:18:00.000-08:00</published><updated>2011-08-07T20:44:49.702-07:00</updated><title type='text'>How dumb are some of our corporate leaders?</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;It does amaze me how dumb so many of the highly educated and highly remunerated leaders of the corporate world are. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Too many just cannot see beyond the end of their quarterly forecast.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;US carmakers continuing to churn out gas guzzlers and kyboshing their electric car projects in a world that’s running out of oil. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Aussie car makers dropping small car manufacture and instead putting millions into developing yet more ‘Big 6s’ and V8s- just as oil hits $150 a barrel.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Banks not seeing the pyramid schemes underlying their derivatives trading.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp;&lt;/span&gt;&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;R&lt;/span&gt;etailers not seeing the threat from on line sales.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Coal industry blindly assuming we can continue pumping out greenhouse gases for ever despite 150 years of science to draw on. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Now we have bookshops who could not see the threat from Amazon and ebooks.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Come on guys!&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Get your heads out of your MBAs and get your egos out of your big salary packages. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Get out of your high rise offices, get onto the street. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Throw away your Financial Times and stop going to corporate love ins where you all reinforce your belief in your own propaganda.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;The world is changing.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Adopt and adapt and stop clinging to a marketing and production mindset that has hardly changed since the 19&lt;sup&gt;th&lt;/sup&gt; Century.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;You have the brains.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;You have the education.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;You are just lacking a touch of humility and a dose of common sense.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-8777700399577836399?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/8777700399577836399/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/how-dumb-are-our-corporate-leaders.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/8777700399577836399'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/8777700399577836399'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/how-dumb-are-our-corporate-leaders.html' title='How dumb are some of our corporate leaders?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-2854671464674615235</id><published>2011-02-16T13:24:00.000-08:00</published><updated>2011-08-07T20:46:29.237-07:00</updated><title type='text'>Tax rates are a minimal factor for business when it comes to location.</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Every week commentators whinge about business taxes.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;How payroll taxes are stopping investment in NSW.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;How windfall taxes on miners will drive them overseas.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;How a 2% drop in corporation tax will transform overseas investment in &lt;country-region w:st="on"&gt;&lt;place w:st="on"&gt;Australia&lt;/place&gt;&lt;/country-region&gt;.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;But what is the reality?&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;The reality, my fellow Green-Capitalists, is that business taxes have minimal impact on investment decisions.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;There are dozens of criteria that any business will take into consideration when deciding where to open a factory, base a head office or open a call centre.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;The key ones are logistic.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Where are the customers, where are their key suppliers, where are the transport links, is their a good pool of labour to draw on, &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;how reliable is the key infrastructure - water, power, telecommunications.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Second comes total investment cost.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;How much&amp;nbsp;are land and construction costs.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;What will the equipment cost. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;How much to link into the rest of the business operating systems.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Then they look at running costs. What are salary levels, what about energy costs, how high are rents.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Then&amp;nbsp;external factors.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Will the location attract good staff.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;What is the security like.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;How strong are government institutions.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;How corrupt is the country or state.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Finally, right at the very end, they will plug in a company tax figure and whether that tax rate is 20% or 40% really makes very little difference compared to all the other criteria.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;Total business taxes are a minor input in the overall decision making process.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;There are occasional exceptions.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;country-region w:st="on"&gt;Ireland&lt;/country-region&gt; gave tax free holidays to attract business to their economy in the nineties - but every eligible business in the world did not suddenly uproot and move to &lt;city w:st="on"&gt;&lt;place w:st="on"&gt;Dublin&lt;/place&gt;&lt;/city&gt;, which is what you would expect if you listen to the propaganda.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-2854671464674615235?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/2854671464674615235/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/tax-rates-area-minimal-factor-for.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2854671464674615235'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2854671464674615235'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/tax-rates-area-minimal-factor-for.html' title='Tax rates are a minimal factor for business when it comes to location.'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-6050875858447752253</id><published>2011-02-13T20:55:00.000-08:00</published><updated>2011-02-13T21:22:50.844-08:00</updated><title type='text'>Why the best public transport in the world was NOT developed by private companies.</title><content type='html'>Is it any coincidence that most&amp;nbsp;of&amp;nbsp;the best public transport systems in the world have been developed by the state and not by private enterprise?&amp;nbsp; The New York subway, the London Underground, Melbourne trams, Paris Metro, French railway network, Japanese bullet trains and anything that moves in Switzerland.&lt;br /&gt;&lt;br /&gt;The reason is simple.&amp;nbsp; So many of the benefits from a world class public transport system accrue to those who do not use it.&amp;nbsp; Clean air, less traffic congestion, greater productivity for business, etc.&amp;nbsp; How could a corporation accrue those benefits to their bottom line?&amp;nbsp; They cannot.&amp;nbsp; Therefore the traditional Return on Investment calculation will never stack up.&amp;nbsp; That is why public transport should always be state owned.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-6050875858447752253?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/6050875858447752253/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/why-best-public-transport-in-world-was.html#comment-form' title='3 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6050875858447752253'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6050875858447752253'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/why-best-public-transport-in-world-was.html' title='Why the best public transport in the world was NOT developed by private companies.'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>3</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-6860875299617140167</id><published>2011-02-13T04:16:00.000-08:00</published><updated>2011-02-13T13:34:20.026-08:00</updated><title type='text'>Let’s stop looking to the USA as our economic role model.</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;I mean, who wants to live in an economy with almost 10% &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;unemployment and another 10% underemployed.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Where 8% of ‘home’ owners live in trailer parks.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Where over half of personal bankruptcies are caused by medical bills. Where public education is primarily funded by local government so that the best education is in the most expensive suburbs and where the gap between the have-mores and the have-nots gets bigger every year.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;None of that is right, so why do we focus so much on their model?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/span&gt;One can understand the coalition, with their Darwinist philosophy of the strong triumphing over the weak, still clinging to the coat tails of Ronald Reagan, but Labor? &lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;What happened to fairness and equality?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;For protection of workers rights?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;For income redistribution?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;For quality social services from cradle to grave?&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Instead, two decades of LibLab governments have pushed us closer and closer to the American model.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;We have unaffordable housing and run down public health and education forcing people into the profit driven motives of the private sector.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;And we have an every widening gap between our &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;own have-mores and our own have-nots.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;The only area where we score over the &lt;country-region w:st="on"&gt;&lt;place w:st="on"&gt;USA&lt;/place&gt;&lt;/country-region&gt; is in our employment figures, but that has come about from being the ‘lucky country’ where we can just bend down, scoop up a handful of dirt and sell it overseas.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;If it wasn’t for our natural resources and our constantly increasing population we would have been in recession for the last decade or more.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Some sanity needs to return to our economic model. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Sadly, both Labor and the coalition seem to prefer the insanity of short term, back pocket politics with no vision and no guts to talk substantive change. &lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-6860875299617140167?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/6860875299617140167/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/lets-stop-looking-to-usa-as-our.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6860875299617140167'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6860875299617140167'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/lets-stop-looking-to-usa-as-our.html' title='Let’s stop looking to the USA as our economic role model.'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-2619058299094285131</id><published>2011-02-05T14:36:00.000-08:00</published><updated>2011-03-27T19:16:59.545-07:00</updated><title type='text'>The Great Coal Mining Swindle</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Are you sick of the constant claims by the coal industry that the NSW economy would collapse without them?&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Let’s put those claims into perspective:&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;ol style="margin-top: 0cm;" type="1"&gt;&lt;li class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;"&gt;Very few people are employed in the coal industry – in fact, less than 0.2% of the working population of Australia are employed in all coal mining. &lt;/li&gt;&lt;li class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;"&gt;The coal industry (like all corporations, world wide)&amp;nbsp;are experts at NOT paying tax. For example, Centennial Coal (which accounts for almost half the coal supplies to NSW power stations) paid total tax of $4.1 Million in 2010.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;This was on sales of $800 million and a profit of $71 Million. – ref &lt;a href="http://www.centennialcoal.com.au/index.php?option=com_content&amp;amp;view=article&amp;amp;id=468&amp;amp;Itemid=149"&gt;&lt;span style="color: purple;"&gt;http://www.centennialcoal.com.au/index.php?option=com_content&amp;amp;view=article&amp;amp;id=468&amp;amp;Itemid=149&lt;/span&gt;&lt;/a&gt; &lt;/li&gt;&lt;li class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;"&gt;The coal industry also pay royalties, (3% of the NSW Government income comes from all royalties) &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;which are far more difficult to avoid, &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;but their bullying of the Federal government over the Mining Super Profits Tax means that these will soon be reduced or cancelled.&lt;/li&gt;&lt;li class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt;"&gt;Their benefit to our exports is greatly exaggerated – they ‘forget’ to mention that virtually all of their equipment and operating costs, apart from wages, have to be imported, directly or indirectly, from overseas which offsets most of that export income.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Finally, do not forget that most of them are foreign owned (Centennial Coal was taken over by Banpu of Thailand in October last year), so their profits are then sent overseas further offsetting their export income&lt;/li&gt;&lt;/ol&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;What is also never taken into account is the external costs that coal mining generates from its pollution and operations.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Increased health costs, costs of monitoring and repairing their environmental damage, rail and road costs (all paid for by taxpayers) for them to transport their coal, port infrastructure, etc.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Then there is the biggest ‘externality’ of all – the contribution to global warming that all those greenhouse gases produce.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Coal – the sooner we get rid of it, the better.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-2619058299094285131?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/2619058299094285131/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/great-coal-mining-swindle.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2619058299094285131'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2619058299094285131'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/great-coal-mining-swindle.html' title='The Great Coal Mining Swindle'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-7181494404308921698</id><published>2011-02-03T03:36:00.000-08:00</published><updated>2011-02-03T03:36:58.888-08:00</updated><title type='text'>The Population Problem -  6,890,646,738 and increasing at 207,000 per day</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;No one can deny that a global population forecast to reach 9 Billion within the next 40 years is going to place an immense strain on our planet.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Every extra body adds to our waste and pollution and requires more food, more of our precious resources and more energy.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Yet controlling that global population growth is a very difficult task.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Even China, with its dictatorial one child policy for the last 30 years, still saw a 30% increase in its population over that time. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;What chance is there of achieving any substantial reduction in the developed world with our individual rights and religious philosophies?&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;We can make little impact on reducing population growth, but we can make substantial impact on the way our economy is structured to minimise its impact on our planet. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp;&lt;/span&gt;We have the technology today for us to have 100% renewable energy. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Everything on the planet can be recycled.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Fish stocks can be managed. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;Food distribution patterns changed. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;All it needs is political pressure being applied to the key governments of the world.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Preferably from all 6,890,646,738 of us!&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-7181494404308921698?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/7181494404308921698/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/population-problem-6890646738-and.html#comment-form' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7181494404308921698'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7181494404308921698'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/02/population-problem-6890646738-and.html' title='The Population Problem -  6,890,646,738 and increasing at 207,000 per day'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-5144158502377689953</id><published>2011-01-31T00:25:00.000-08:00</published><updated>2011-08-07T20:46:01.669-07:00</updated><title type='text'>Why is the New South Wales government selling off the family silver?</title><content type='html'>The latest in the NSW Government's monster garage sale is public land adjacent to schools, hospitals, transport hubs and anywhere else they reckon they can raise a dollar or two.&amp;nbsp; The question has to be, why?&amp;nbsp; It is clearly hard politics for them.&amp;nbsp; Local protests are happening almost every weekend somewhere in the state, protesting the selling off of taxpayers land, usually to property developers.&lt;br /&gt;&lt;br /&gt;The politics may be hard for them but it is not as hard as the alternative - raising taxes or borrowing money.&amp;nbsp; And that is the reason we have 'The Great Big Sell&amp;nbsp;Off' campaign.&amp;nbsp; For the last couple of decades the anglo celtic economies (US, UK, Aus and NZ) and one or two others,&amp;nbsp;have been driven by a 'small government/zero debt' fetish.&amp;nbsp; The logic behind the fetish was that business was more efficient than government in providing services.&amp;nbsp; Leaving aside that assumption (which I will discuss at a later date), this led&amp;nbsp;to tax cuts and paying down government debt.&lt;br /&gt;&lt;br /&gt;The end result is that revenues available to the government have continued to reduce (as a percentage of the size of the economy) yet our demands for improved health, education, aged care and public transport has increased.&amp;nbsp; The government's attempts to privatise their expenditure through public private partnerships, etc, has not been very successful (that is also for another article) which has left them with similar expenditure levels but with less income.&amp;nbsp; Answer - sell off the family silver.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-5144158502377689953?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/5144158502377689953/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/why-are-nsw-selling-off-family-silver.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/5144158502377689953'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/5144158502377689953'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/why-are-nsw-selling-off-family-silver.html' title='Why is the New South Wales government selling off the family silver?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-1446466158475710233</id><published>2011-01-29T12:57:00.000-08:00</published><updated>2011-01-30T17:22:06.547-08:00</updated><title type='text'>What have corporations done for us??</title><content type='html'>To paraphrase John&amp;nbsp;Cleese, not as much as the Romans, despite their claims to the contrary.&amp;nbsp;&amp;nbsp;Any business impacts our economy in only three ways.&amp;nbsp; They employ people, they pay taxes and they impact on the flow of currency between Australia and other countries - this is usually referred to as our 'terms of trade' or 'balance of payments'.&lt;br /&gt;&lt;br /&gt;They employ people, directly and indirectly.&amp;nbsp; There are some 11.5 Million people employed in Australia at any one time.&amp;nbsp; Always bear that figure in mind when industries claim how many people they employ.&amp;nbsp; For example, black coal mining employs 25,000 throughout Australia.&amp;nbsp; That is 0.2% of total employment.&amp;nbsp; Industries also claim 'indirect' employment.&amp;nbsp; This varies from industry to industry and is always difficult to quantify.&amp;nbsp; Generally it is&amp;nbsp;somewhere between&amp;nbsp;3 and&amp;nbsp;10 times the total&amp;nbsp;people employed directly.&amp;nbsp; However,&amp;nbsp;these indirect employees would only be affected if a business&amp;nbsp;or an industry&amp;nbsp;closed without there being another business or industry to take its place.&amp;nbsp; A good example is when BHP closed&amp;nbsp;down their steel mill in Newcastle.&amp;nbsp; That steel mill provided&amp;nbsp;between 5% and 10% of&amp;nbsp;all employment in Newcastle, yet, with careful planning, staff were retrained, new businesses opened up and Newcastle handled the transition very well.&lt;br /&gt;&lt;br /&gt;They pay taxes to the different levels of government.&amp;nbsp; Corporate tax to the Federal government, payroll taxes and resource taxes to State governments and Rates and charges to local governments.&amp;nbsp; Off setting these taxes paid are the costs that the government incurs in supporting a business.&amp;nbsp;&amp;nbsp;Looking after the health of their employees, providing roads and rail to help them move their goods,&amp;nbsp;water, sewage, power to enable them to operate day by day, etc.&amp;nbsp; Also offsetting those taxes paid are the 'externalities' that are a cost to the government.&amp;nbsp; The main externalities are pollution and waste.&amp;nbsp; The additional health costs&amp;nbsp;from smoking, pollution of waterways from mining, increased greenhouse gases leading to climate change, etc.&amp;nbsp; The amount of tax paid and the offsetting costs vary greatly from industry to industry.&amp;nbsp; Farmers selling organic products to local people will have minimal offsetting costs.&amp;nbsp; The car industry, coal mining, etc have substantial offsetting costs.&amp;nbsp;&amp;nbsp; Sadly these offsetting costs are rarely specifically quantified to individual industries.&amp;nbsp; Which is a shame because it could be quite telling on the true benefits received from those taxes that are paid.&lt;br /&gt;&lt;br /&gt;Finally, every business impacts on our balance of payments.&amp;nbsp;&amp;nbsp; The vast majority of businesses impact negatively.&amp;nbsp; That is, they have to import more than they export.&amp;nbsp; This is why, for many years now, our overseas debt continues to climb.&amp;nbsp;&amp;nbsp;This primarily has an&amp;nbsp;impact on our exchange rate - though no one fully understands how, nor do they fully understand the long term ramifications of continually increasing overseas debt.&amp;nbsp;&amp;nbsp;&amp;nbsp;The main industries that are beneficial to our balance of payments are in mining and agriculture.&amp;nbsp; But their figures do have to be taken in context.&amp;nbsp; The miners, in particular, are always going on about how much export income they bring into the country.&amp;nbsp; Some people think this export income goes directly to the government - and the way the miners portray it at times, you would think that it does!&amp;nbsp; Any export income that a company earns goes straight into their bank account.&amp;nbsp; But offsetting that income is the money they then have to pay overseas for their purchases.&amp;nbsp; Most of the operating costs of a mine, excluding labour and utilities,&amp;nbsp;will be for manufactured product, and we all know what has happened to manufacturing in Australia over the last few decades.&amp;nbsp; Even when the miners purchase from local businesses, those businesses will also have to import product from overseas.&amp;nbsp;&amp;nbsp;Then there will be further payments made overseas in the form of dividends to their overseas shareholders and interest paid to their overseas borrowings.&amp;nbsp; Sadly, there is no data identifying these outflows of our currency to specific companies or industries, however I would be surprised if less than 75% of their export income goes back overseas again, directly or indirectly.&lt;br /&gt;&lt;br /&gt;Corporations are a long way behind the Romans when it comes to what they have done for society.&amp;nbsp; So let's keep it all in perspective.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-1446466158475710233?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/1446466158475710233/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/what-have-corporations-done-for-us.html#comment-form' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/1446466158475710233'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/1446466158475710233'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/what-have-corporations-done-for-us.html' title='What have corporations done for us??'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>2</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-7888159067820435464</id><published>2011-01-28T17:44:00.000-08:00</published><updated>2011-02-03T12:53:43.127-08:00</updated><title type='text'>If you want world class public services you have to pay for them</title><content type='html'>&lt;span data-jsid="text"&gt;Over the last 10 years the Australian&amp;nbsp;government's tax take has reduced from 34% of GDP to less than 30% of GDP&amp;nbsp;and its borrowings have reduced from 30% of GDP to less than 10% of GDP.&amp;nbsp; In both cases they are one of the lowest in the OECD.&amp;nbsp; Compare to the US with total tax take slightly lower than ours but with horrendous debt, or with northern european countries who have tax takes approaching 50% of GDP but with low debt.&amp;nbsp;&amp;nbsp;&lt;/span&gt;&lt;span data-jsid="text"&gt;At the same time&amp;nbsp;we are demanding more expensive medical care, smaller school class sizes, better public transport etc. You don't need to be a Harvard scholar to work out that the maths simply don't stack up.&lt;/span&gt;&lt;br /&gt;&lt;br /&gt;&lt;span data-jsid="text"&gt;Meanwhile our discretionary income has gone up 60%.&amp;nbsp; So, instead of having better hospitals, better schools, better aged care, better public transport, we have ......&amp;nbsp; flat screen TVs, iPads, more cars, bigger houses.&amp;nbsp;&amp;nbsp; So next time you go out to buy your next gadget or a third car or an extension to your&amp;nbsp;house, ask yourself - &lt;em&gt;"Would I rather have this or would I rather have better schooling for my kids/better aged care for my parents/better trains, trams and buses?"&amp;nbsp;&amp;nbsp; &lt;/em&gt;&lt;/span&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-7888159067820435464?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/7888159067820435464/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/if-you-want-world-class-public-services.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7888159067820435464'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7888159067820435464'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/if-you-want-world-class-public-services.html' title='If you want world class public services you have to pay for them'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-8844398427720509149</id><published>2011-01-25T03:32:00.000-08:00</published><updated>2011-01-25T03:32:14.424-08:00</updated><title type='text'>What will the world be like for my new grandchild?</title><content type='html'>There are certain events in one's life that causes you to pause and consider the wonders of life, the universe and everything.&amp;nbsp; My wife and I were just marvelling at the wonders of modern medicine that has enabled another child to come safely into the world and the wonders of modern technology that enabled her photo to be flashed around the globe within minutes of being born.&lt;br /&gt;&lt;br /&gt;There are so many wonderful advances in medicine and technology.&amp;nbsp; The first bionic eye has been developed.&amp;nbsp; Google have mixed voice recongnition software with translation software - producing the first, embryonic&amp;nbsp;bablefish.&amp;nbsp; Around the world poverty is slowly reducing, health and education slowly improving.&amp;nbsp; We are entering a golden era of social development.&lt;br /&gt;&lt;br /&gt;Yet this can all be undone by the insane deniers of the damage we are doing to our planet's climate.&amp;nbsp; Raving looneys like Lord Monckton, self&amp;nbsp;serving mischief makers like Andrew Bolt, fossil fueled lobbyists like Mitch Hook&amp;nbsp;and opportunist politicans like Tony Abbot do nothing to further society.&amp;nbsp; They just drag us back to&amp;nbsp; a selfish, short term, materialistic focus that places having the latest mobile phone in your pocket as being the be all and end all of life.&lt;br /&gt;&lt;br /&gt;So what will the world be like for my beautiful granddaughter as she grows up?&amp;nbsp; It is hard at times to be positive.&amp;nbsp; The climate catastrophes around the world in the last 12 months are just a taste of her future unless sanity prevails and our politicians do what is right for the world for once.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-8844398427720509149?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/8844398427720509149/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/what-will-world-be-like-for-my-new.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/8844398427720509149'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/8844398427720509149'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/what-will-world-be-like-for-my-new.html' title='What will the world be like for my new grandchild?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-4361723224810942434</id><published>2011-01-23T04:19:00.000-08:00</published><updated>2011-01-23T04:19:06.255-08:00</updated><title type='text'>Attempting to reduce population and consumption will not save us.</title><content type='html'>There is increasing concern over our over&amp;nbsp;plundering and polluting of&amp;nbsp;our planet.&amp;nbsp; The common response to this is that it is being caused by a combination of pointless consumption and over population.&amp;nbsp; There is no doubt that stopping buying new stuff and&amp;nbsp;having&amp;nbsp;less babies would&amp;nbsp; help,&amp;nbsp;but those are really hard things to do.&amp;nbsp;&amp;nbsp;It is&amp;nbsp; fine for us in the developed world to stop replacing our car every three years, our laptops every 2 years and our mobiles every time we change our underwear, but what of those billions that are crying out for the things we take for granted?&amp;nbsp;&amp;nbsp; Like clean water,&amp;nbsp;regular electricity,&amp;nbsp;refrigerators, internet connections, some means of transport other than a rusty bicycle with buckled wheels.&amp;nbsp; They surely have every right to improve their lives.&amp;nbsp; Then what about babies?&amp;nbsp; Admitedly China has had some success in that area, but even with a draconian and dictatorial approach population has still increased.&amp;nbsp; And who amongst you is expecting to succeed against the power of those religions to whom procreation is a divine right.&amp;nbsp; (Not mentioning any names and not pointing to anyone in particular, your eminence!)&amp;nbsp;&amp;nbsp; Also buying less stuff and having less babies would still not solve the problem.&amp;nbsp; It would just delay the day of reckoning a century or so at best.&lt;br /&gt;&lt;br /&gt;If we take a step back, the only problems we need to address&amp;nbsp;are to stop using non renewable resources and to stop polluting the planet.&amp;nbsp; If we can fix those two problems, the developed world can improve their lives and people can go on having babies ( I am leaving food out of this for now, as that is a different discussion).&lt;br /&gt;&lt;br /&gt;And we can fix those two problems.&amp;nbsp; We have the technology now to produce 100% renewable energy in all its forms.&amp;nbsp; We are also able to recycle pretty well everything we produce - though sometimes it does take a lot of energy.&amp;nbsp; Then we could have limitless economic growth.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;You don't think that 100% renewable energy and 100% recycling is ever possible?&amp;nbsp; Well if that is the case they we really are stuffed, because eventually we will have to&amp;nbsp;achieve that&amp;nbsp;if we expect this planet to serve us for infinity and beyond - sorry, just watched Toy Story 3 with my daughter!&lt;br /&gt;&lt;br /&gt;So dare I suggest we stop whinging about people having babies and our throw away society and get our bums into gear to move us to a fully sustainable economy.&amp;nbsp; The recylcing bit can wait for a while as most of&amp;nbsp;our resources are OK for the next few decades - with the exception of course of oil.&amp;nbsp; What is urgent though is that we rapidly transition to renewable energy.&amp;nbsp;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-4361723224810942434?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/4361723224810942434/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/attempting-to-reduce-population-and.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/4361723224810942434'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/4361723224810942434'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/attempting-to-reduce-population-and.html' title='Attempting to reduce population and consumption will not save us.'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-8866230102224590238</id><published>2011-01-21T19:26:00.000-08:00</published><updated>2011-01-21T19:26:42.868-08:00</updated><title type='text'>Is it time for state insurance for property damage from fire and flood?</title><content type='html'>I friend of mine reminded me of the history of fire insurance.&amp;nbsp; It was originally offered by the early local fire brigades.&amp;nbsp; If you paid your premium, you were given a plaque to place on your property.&amp;nbsp; Then, if it caught fire, the fire brigade would put the fire out.&amp;nbsp; If you didn't have a plaque they would let it burn.&lt;br /&gt;&lt;br /&gt;We have now gone full circle.&amp;nbsp; The people who insure their properties&amp;nbsp;pay a loading for the fire brigade, but the firies will put out your fire, whether or not you are insured.&amp;nbsp;&amp;nbsp; With more and more climate carnage coming our way is it now time for the state to provide fire and flood cover with an across the board levy on, say, our council rates bill?&amp;nbsp; That way, everyone would be insured and there would be clear financial&amp;nbsp;disincentives for local councils to allow development in high bushfire risk areas and flood plains.&amp;nbsp;&amp;nbsp; Too simple??&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-8866230102224590238?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/8866230102224590238/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/is-it-time-for-state-insurance-for.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/8866230102224590238'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/8866230102224590238'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/is-it-time-for-state-insurance-for.html' title='Is it time for state insurance for property damage from fire and flood?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-7941359111703044975</id><published>2011-01-20T15:55:00.000-08:00</published><updated>2011-01-20T15:55:31.748-08:00</updated><title type='text'>Will democracy survive climate change?</title><content type='html'>We have just witnessed a year of climate carnage around the world.&amp;nbsp; There is hardly a country that has not experienced one or more extreme climate events.&amp;nbsp; Yet whenever anyone tries to tie in all those deaths to our continued out pouring of greenhouse gases they are&amp;nbsp;drowned out by the denialist movement.&lt;br /&gt;&lt;br /&gt;It is clear that, no matter how many people are killed and how much the climate carnage costs us, those denialists will refuse to move from their position and continue to feed the press to sow seeds of doubt such that no action is taken. &amp;nbsp;The end result will, of course, be just more and more extreme climate events.&amp;nbsp; So where will this end?&lt;br /&gt;&lt;br /&gt;Is there a point where extreme climate events become so bad that Western governments will&amp;nbsp;declare states of emergency, muzzle their press and mobilise their armed forces to achieve rapid change?&amp;nbsp;And will those governments then look at China with a longing for the certainty that their dictatorship gave them to manage their own change to a world of renewable energy? &amp;nbsp;Could this then put us on the slippery slide to less and less individual freedoms and the overriding of individual rights for the benefit of the community at large? &amp;nbsp;Why am I asking all these questions?? :-)&lt;br /&gt;&amp;nbsp;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-7941359111703044975?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/7941359111703044975/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/will-democracy-survive-climate-change.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7941359111703044975'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7941359111703044975'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/will-democracy-survive-climate-change.html' title='Will democracy survive climate change?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-2118846318838725785</id><published>2011-01-19T18:26:00.000-08:00</published><updated>2011-01-19T18:27:02.751-08:00</updated><title type='text'>I love this map.  It matches GDP and population of individual countries to US states</title><content type='html'>&lt;div style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: center;"&gt;It gives you an idea of how big the US of A really is.&amp;nbsp; Australia's economy is approx. the same size as New York state.&lt;/div&gt;&lt;br /&gt;&lt;div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: center;"&gt;&lt;a href="http://3.bp.blogspot.com/_vpmNbN1lUVU/TTebYcyTErI/AAAAAAAAABM/vAWFrdwfEJE/s1600/Map+comparing+GDP+of+countries+with+us+states.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"&gt;&lt;img border="0" height="281" n4="true" src="http://3.bp.blogspot.com/_vpmNbN1lUVU/TTebYcyTErI/AAAAAAAAABM/vAWFrdwfEJE/s400/Map+comparing+GDP+of+countries+with+us+states.gif" width="400" /&gt;&lt;/a&gt;&lt;/div&gt;&lt;div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: center;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="separator" style="border-bottom: medium none; border-left: medium none; border-right: medium none; border-top: medium none; clear: both; text-align: center;"&gt;Courtesy of The Economist.&amp;nbsp; There is interactive version here - &lt;a href="http://www.economist.com/blogs/dailychart/2011/01/comparing_us_states_countries"&gt;http://www.economist.com/blogs/dailychart/2011/01/comparing_us_states_countries&lt;/a&gt;&amp;nbsp;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-2118846318838725785?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/2118846318838725785/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/i-love-this-map-it-matches-gdp-and.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2118846318838725785'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2118846318838725785'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/i-love-this-map-it-matches-gdp-and.html' title='I love this map.  It matches GDP and population of individual countries to US states'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://3.bp.blogspot.com/_vpmNbN1lUVU/TTebYcyTErI/AAAAAAAAABM/vAWFrdwfEJE/s72-c/Map+comparing+GDP+of+countries+with+us+states.gif' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-6646666720616031317</id><published>2011-01-19T16:41:00.000-08:00</published><updated>2011-01-19T16:41:31.393-08:00</updated><title type='text'>See - statistics can be sexy!</title><content type='html'>A great article in my favourite magazine, The Economist, on making statistical data look sexy with lots of videos of Han Rosling's presentations.&amp;nbsp; Not just good presentations but some interesting data being presented as well.&amp;nbsp; Check it out here &lt;a href="http://www.economist.com/node/21013330"&gt;http://www.economist.com/node/21013330&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-6646666720616031317?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/6646666720616031317/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/see-statistics-can-be-sexy.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6646666720616031317'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6646666720616031317'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/see-statistics-can-be-sexy.html' title='See - statistics can be sexy!'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-7085711660817503145</id><published>2011-01-19T04:32:00.000-08:00</published><updated>2011-01-19T04:32:03.985-08:00</updated><title type='text'>Australia - the really dumb country?</title><content type='html'>We are an arrogant bunch aren't we.&amp;nbsp; Constantly crowing our praises at our umpteen years of uninterupted economic growth and even avoiding the Global Financial Crisis.&amp;nbsp; But, just hold on a minute.&amp;nbsp; Almost half of that growth has simply come about through immigration. The bigger the population, the bigger the economy.&amp;nbsp; Is it suprising that governments love immigration?&amp;nbsp; As for the rest of our economic growth, that has primarily come from&amp;nbsp;the fact that we happen to be very lucky to have so much stuff we can&amp;nbsp;just dig out from the ground and ship overseas.&amp;nbsp;&amp;nbsp; The real test of&amp;nbsp;how smart a country is, productivity, is rarely mentioned by our pollies for the simple reason that it is pretty poor.&amp;nbsp; And it is productivity that primarily gives us a better life, not more population and not just digging stuff out of the ground.&amp;nbsp;&amp;nbsp; As the Australian Bureau of Statistics says "&lt;em&gt;In the long-term,&amp;nbsp;(productivity)&amp;nbsp;... is the ultimate source of economic growth and higher living standards.&amp;nbsp; &lt;/em&gt;&lt;strong&gt;&lt;a href="http://tinyurl.com/6jvm4ug"&gt;http://tinyurl.com/6jvm4ug&lt;/a&gt;.&amp;nbsp; &lt;/strong&gt;So how are we doing in productivity.&amp;nbsp; Pretty poor it works out.&amp;nbsp;&amp;nbsp; Australia's multi factor productivity for the last 10 years went backwards by 0.1% a year.&amp;nbsp; Not so smart after all, are we?&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-7085711660817503145?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/7085711660817503145/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/australia-really-dumb-country.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7085711660817503145'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7085711660817503145'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/australia-really-dumb-country.html' title='Australia - the really dumb country?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-7631112457663020538</id><published>2011-01-18T13:54:00.000-08:00</published><updated>2011-01-18T14:05:17.275-08:00</updated><title type='text'>China blitzing us on renewable energy investment</title><content type='html'>When will Australia wake up to the Chinese?&amp;nbsp;&amp;nbsp; They are storming ahead with investment in renewable energy.&amp;nbsp; Over 20% of all investment in renewable energy is in China.&amp;nbsp; Last year, they invested US$50 billion.&amp;nbsp; $10 Billion up on the year before.&amp;nbsp; How much did Australia invest?&amp;nbsp; US$ 1 Billion if we are lucky.&amp;nbsp; And, yes, China's economy is bigger than ours, but only 10 times bigger.&amp;nbsp; We need to quadruple our investment in renewable energy if we are to just keep pace with China.&amp;nbsp; Which, of course, we won't do, which will leave us dependant, yet again, on overseas technology and manufacturing.&amp;nbsp; We really are the dumb country that just digs dirt out of the ground and can't even be bothered to kill our sheep and cattle, prefering to ship them live instead.&amp;nbsp; What ever happened to the concept of 'value add'??&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-7631112457663020538?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/7631112457663020538/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/china-blitzing-us-on-renewable-energy.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7631112457663020538'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7631112457663020538'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/china-blitzing-us-on-renewable-energy.html' title='China blitzing us on renewable energy investment'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-4986952098025792548</id><published>2011-01-17T22:18:00.001-08:00</published><updated>2011-01-17T22:28:55.593-08:00</updated><title type='text'>More deaths and more billions – the true price of our inaction on greenhouse gases.</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;170 dead and $2 Billion for the Victorian bush fires.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Over 40 dead or missing&amp;nbsp;and $20 Billion for the &lt;place w:st="on"&gt;&lt;state w:st="on"&gt;Queensland&lt;/state&gt;&lt;/place&gt; flooding. &lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp;&lt;/span&gt;Homes ruined, livelihoods destroyed and billions more for flooding in the other states. Suicides, depression and broken families during the drought with a cost to our economy of tens of billions of dollars.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;These are the true costs of our politicians inaction on reducing greenhouse gases.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;These gases, that keep our planet some 30 degrees warmer than the moon, were identified 140 years ago and we have been warned about the impact on our climate for over 50 years.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Impacts which we are seeing, not just in &lt;place w:st="on"&gt;&lt;country-region w:st="on"&gt;Australia&lt;/country-region&gt;&lt;/place&gt; but around the world.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Yet what do we hear from our politicians?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;They wring their hands and put on their saddest faces.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;They talk about commissions of enquiries.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;They throw out some quick fix solutions - change the planning laws, build a levee, increase building regulations, build a dam. But do enough of them give a damn, beyond getting themselves re elected?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Hopefully, more and more of them do, for how can anyone still claim that “climate change is crap” after witnessing the last 12 months of climate carnage around the world.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;The ball is now firmly in the Coalition’s camp.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;They should throw out their federal leader who has delayed the action that the majority of Australians demand. They should then work with The Greens to move us from our dependence on job poor, 19&lt;sup&gt;th&lt;/sup&gt; Century, fossil fuel technology to the job rich, 21&lt;sup&gt;st&lt;/sup&gt; Century of renewable energy, clean air and a healthy climate.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-4986952098025792548?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/4986952098025792548/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/more-deaths-and-more-billions-true.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/4986952098025792548'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/4986952098025792548'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/more-deaths-and-more-billions-true.html' title='More deaths and more billions – the true price of our inaction on greenhouse gases.'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-6824460263877142036</id><published>2011-01-16T22:09:00.000-08:00</published><updated>2011-01-18T14:42:19.429-08:00</updated><title type='text'>Have we all been suckered in by China?</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;/div&gt;Over the last few years &lt;country-region w:st="on"&gt;&lt;place w:st="on"&gt;China&lt;/place&gt;&lt;/country-region&gt; has welcomed overseas factories into their country and rigidly controlled its exchange rate to make its exports simply irresistible to the West. So where does that tactic leave &lt;country-region w:st="on"&gt;&lt;place w:st="on"&gt;China&lt;/place&gt;&lt;/country-region&gt; now? Well, let’s see. &lt;br /&gt;&lt;br /&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;• First they have state of the art, modern factories designed and funded by the West – but which are still 51% owned by the Chinese government.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;• Second they have learnt from the manufacturing expertise that Western companies have introduced and then copied and duplicated many of their products.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;• Third, they have taken the West’s cash in return for goods and then lent the money back to the West, effectively giving them the ability to bankrupt many Western economies, thus discouraging Western countries getting too heavy handed with them.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;• Fourth, they are now in a position that, if they worked together with the governments of the &lt;place w:st="on"&gt;Middle East&lt;/place&gt; – where, remember, all the oil is and who also have vast foreign reserves - they could potentially control the global economy.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;• Fifth they can use their foreign reserves to manipulate smaller countries currencies and make even more money.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Damned cunning these Chinese. They have taken the West’s insane consumption fetish and drive for globalisation, linked it with corporate greed and the short term thinking of Western capitalism and quietly put themselves in a position to potentially dominate world trade and finance.&lt;br /&gt;&lt;br /&gt;Awesome, eh!&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-6824460263877142036?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/6824460263877142036/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/have-we-all-been-suckered-in-by-china.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6824460263877142036'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/6824460263877142036'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/have-we-all-been-suckered-in-by-china.html' title='Have we all been suckered in by China?'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-7152466151850234399</id><published>2011-01-16T20:39:00.000-08:00</published><updated>2011-02-03T13:05:11.377-08:00</updated><title type='text'>Climate Change and Ockams Razor</title><content type='html'>&lt;span style="color: black; font-family: inherit;"&gt;I used to be a climate change sceptic.&amp;nbsp;That was about 10 years ago, but having witnessed horrendous floods in the UK and the continuing droughts in Australia I researched all the arguments for and against and then took&amp;nbsp;an Ockams Razor approach:&lt;/span&gt;&lt;br /&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black;"&gt;&lt;br /&gt;&lt;span style="font-family: inherit;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;ol style="margin-top: 0cm;" type="1"&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Something keeps the earth some 30 degrees warmer than the moon &lt;/span&gt;&lt;/li&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Nearly 200 years ago Joseph Fourier theorised that it was the atmosphere &lt;/span&gt;&lt;/li&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;150 years ago, John Tyndall identified that only water vapour, carbon dioxide and ozone blocked infra red heat from earth escaping back into the atmosphere. &amp;nbsp;Oxygen and Nitrogen, which make up 99% of our atmosphere, had no effect. &lt;/span&gt;&lt;/li&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Methane, Nitrous Oxide and CFCs have also been identified as greenhouse gases. &lt;/span&gt;&lt;/li&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Burning fossil fuels and general industrial processes release carbon dioxide and other greenhouse gases into our atmosphere &lt;/span&gt;&lt;/li&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Greenhouse gas concentrations in our atmosphere have been increasing &lt;/span&gt;&lt;/li&gt;&lt;li class="MsoNormal" style="color: navy; mso-list: l0 level1 lfo3;"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Global temperatures have been warming. &lt;/span&gt;&lt;/li&gt;&lt;/ol&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black; font-family: inherit;"&gt;I may be slightly misquoting Mr Razor, but I do see that the simplest explanation is usually the right one. &amp;nbsp;Particularly so as, having studied all of the counter arguments, non of them stand up to peer reviewed assessment as having any long term affect on global temperatures, though some do have short term impact.&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black;"&gt;&lt;br /&gt;&lt;span style="font-family: inherit;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black; font-family: inherit;"&gt;Where things get more problematic is the impact of a warming planet on our climate. &amp;nbsp;No one really knows how it will impact, especially at a local or regional level. &amp;nbsp;However the predictions made over the last&amp;nbsp;50 years or so of melting ice, greater extremes of climate, longer and deeper droughts, greater precipitation leading to flooding, more powerful storms, more prevalent heat waves and bush fires all seem quite logical from a warmer atmosphere and seem to be playing out around the globe.&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black;"&gt;&lt;br /&gt;&lt;span style="font-family: inherit;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black; font-family: inherit;"&gt;You have to also take into account the level of risk. &amp;nbsp;Current predictions are for temperatures to increase over the next 90 years from 1 degree up to 6 degrees. &amp;nbsp;1 degree itself would cause some problems.&amp;nbsp; 6 degrees would be catastrophic. &amp;nbsp;For comparison, if we were going to be 6 degrees cooler, we would be heading for the last ice age where &lt;place w:st="on"&gt;&lt;state w:st="on"&gt;New York&lt;/state&gt;&lt;/place&gt; and London were under meters of ice.&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black;"&gt;&lt;br /&gt;&lt;span style="font-family: inherit;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black; font-family: inherit;"&gt;I don’t know about you, but that is not the sort of risk that I would like to gamble on for my kids and grandkids - a new one of which is due any day now - grandkid, I hasten to add!&lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal"&gt;&lt;span style="color: black;"&gt;&lt;br /&gt;&lt;span style="font-family: inherit;"&gt;&lt;/span&gt;&lt;/span&gt;&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-7152466151850234399?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/7152466151850234399/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/climate-change-and-ockams-razor.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7152466151850234399'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/7152466151850234399'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2011/01/climate-change-and-ockams-razor.html' title='Climate Change and Ockams Razor'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-506050792860516710.post-2633551333054897770</id><published>2010-12-13T12:52:00.001-08:00</published><updated>2011-01-16T22:14:29.577-08:00</updated><title type='text'>Our abuse of the Aboriginal race</title><content type='html'>&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Most of us will have had some experience of abuse in our life.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;A bully at school, a belittling parent, a date that goes that bit too far.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Sometimes the most trivial event can give us that cold feeling in the stomach for years afterwards when we recall the incident.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;And there are some of us who have suffered years of physical, mental or sexual abuse.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Often imposed by an authority figure – priests, teachers, parents.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;I think we can all understand that it can take years to recover from such abuse.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Perhaps more difficult to understand is that sometimes recovery simply never occurs and sometimes the abusers abuse themselves and abuse people whom they now have authority over.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Often this abuse within a family can go on repeating itself for generation after generation.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Now imagine, if you can, that you live in a whole society that has been abused for generations.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Where your recent ancestors have been murdered, raped, enslaved and belittled to the extent that their government - the ultimate authority figure – could not even be bothered to count them in its census, let alone allow them the right to vote.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;And where that government continued to deny responsibility for decade after decade, reinforcing the guilt of the abused.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;For the founders of our country that is no imaginary exercise.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;It is the day to day life of so many of our Aboriginal community. And what do we do?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Do we offer them the love, encouragement and protection that is so important when helping other abused individuals?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Do we make them feel wanted?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Valued?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Needed?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Do we give them time to heal themselves?&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Or do we blame them?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Tell them to ‘pull themselves together’?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Punish them?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Lose patience with them?&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;And when all else fails, do we just throw money at them, as though buying an abused child a new toy will assuage their guilt and heal their pain.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Our treatment of Aboriginal and Torres Strait Islanders is one of the most shameful episodes in the world over the last century.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;There have certainly been events that have caused greater death and suffering on a race - the holocaust, the Rwandan genocide, the killing fields of Cambodia – but what makes the treatment of the founders of our county so bad is that it has been carried out, not by some despotic dictator or ruthless regime, but by a democratically elected government in a developed country.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;For the Jews, the Tutsis and the victims of Pol Pot there was a clear cause of their suffering.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;A person to point to.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;A regime to blame.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;And a world that brought their abusers to justice.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Even with that, many of them still live the life of the guilty and a life of shame.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;Our Aboriginal and Torres Strait Islanders have little of that.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;There has been no global process to impose justice on their abusers, no trials, no one who accepts responsibility.&lt;span style="mso-spacerun: yes;"&gt;&amp;nbsp; &lt;/span&gt;So they are left with just more reinforcement of their guilt and their shame.&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;&lt;br /&gt;&lt;/div&gt;&lt;div class="MsoNormal" style="margin: 0cm 0cm 0pt;"&gt;Given their history and suffering it is surprising how many of them have lifted themselves out of the cycle of abuse, but it will take far more from our government and far more from those of us who live the idyllic Australian life for the majority to begin to start healing themselves.&lt;/div&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/506050792860516710-2633551333054897770?l=thejollygreencapitalist.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://thejollygreencapitalist.blogspot.com/feeds/2633551333054897770/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2010/12/blog-title.html#comment-form' title='2 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2633551333054897770'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/506050792860516710/posts/default/2633551333054897770'/><link rel='alternate' type='text/html' href='http://thejollygreencapitalist.blogspot.com/2010/12/blog-title.html' title='Our abuse of the Aboriginal race'/><author><name>TheJollyGreenCapitalist</name><uri>http://www.blogger.com/profile/04038613089866230893</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='25' height='32' src='http://1.bp.blogspot.com/_vpmNbN1lUVU/TS4-Mu1CeNI/AAAAAAAAAAk/Acijx5-l0wM/S220/KeithMcIlroy_0254%2BCROPPED%2Bemail.jpg'/></author><thr:total>2</thr:total></entry></feed>
