Obama's "for the children" climate change video announcement – only a few hundred views so far

AP: Obama says he’ll unveil climate plan in Tuesday speech ‘for the sake of our children’. It seems though, that the world is making a collective yawn (consensus?) so far given the views. The video has been up for several hours and has only a few hundred views and has 437 “likes” as of this writing.

obama_cc_video

The video description says:

At 1:35 on Tuesday June 25th President Obama will speak at Georgetown University on the growing threat of climate change. He will lay out his vision of where we need to go, to do what we can to address and prepare for the serious implications of a changing climate. Tune in at whitehouse.gov/live

This quote from the video makes me laugh and angry at the same time:

“We’ll need scientists to design new fuels and farmers to grow them,” he said. “We’ll need engineers to devise new sources of energy and businesses to make and sell them.”

The hell with “new fuels and farmers to grow them”, biofuels are low return on investment and raise the cost of our food supply; just get a Thorium reactor program started. The technology has been around for years, and the Chinese are already headed down that path.

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tckev
June 23, 2013 2:42 am

Reports that say that stupidness hasn’t happened are always interesting to me,
because as we know, there are foolish fools;
there are fools we know as fools.
We also know there are foolish idiots;
that is to say we know there are some fools who do not know they’re idiots.
But there are also idiotic idiots – the most dangerously chaotic idiot-fool and I fear him”

― Ronald Dumsfeld

Gail Combs
June 23, 2013 2:44 am

a jones says:
June 22, 2013 at 10:14 pm
Oh dear what to say….
>>>>>>>>>>>>>>>>>>>>>>>>>
It does not hurt to start the research into nuclear/thorium now. Hydrocarbons have a heck of a lot of uses (plastic, pharmaceuticals…) that as a chemist I hate to see them burned but I hate seeing food burned and the soil trashed even worse.

Gail Combs
June 23, 2013 2:47 am

Ian H says:
June 22, 2013 at 10:55 pm
Putting this on WUWT will send the views skyrocketing!….kinda counter productive really…
>>>>>>>>>>>>>>>>>>>>
But the thumbs down will also sky rocket. Of course we are taking it that the numbers are not manipulated like they manipulate the temperature data….

tango
June 23, 2013 2:48 am

it is all to late everybody should go home and get under the bed . to escape heat from four Hiroshma size bombs exploding per second causing the world to heat up http://www.smh.com.au/environment/climate-change/climate-change-like-atom-bomb-20130622-2op3i.html

Paul Martin
June 23, 2013 2:58 am

At this instant it’s at about 17,000 views. That’s still a fairly small number, considering who is behind the video.

cedarhill
June 23, 2013 3:05 am

The oddity and irony of our times.
Recent reports showing men shunning marriage (and kids). Congressional leaders praising the “sacred ground of abortion”. Some promoting “post-birth abortions”. Europe expanding euthansia if the parents are “distressed”. Condoms distributed for free in grade schools. Safe sex and no sex commercials plastered around the landscape. The only group that seems to want to get married are gays.
Will “find the children so we can save them” be a new campaign issue soon?

June 23, 2013 3:07 am

By the way, today, 23 June 2013 is the 25th anniversary of Dr. James Hansen’s 1988 congressional testimony on “Global Warming”.

Patrick
June 23, 2013 3:19 am

Shame one cannot “thumbs down” without logging in after all it clearly is uninformed claptrap!

thisisnotgoodtogo
June 23, 2013 3:38 am

“The video has been up for several hours and has only a few hundred views and has 437 “likes” as of this writing.”
I wouldn’t be convinced by this number. It’s the number of email accounts opened by Lisa Jackson.

Gail Combs
June 23, 2013 3:52 am

William Astley says: June 23, 2013 at 12:07 am
…..As there is a fixed amount land for human agriculture and there are strong farm lobbies in every Western country and there are lucrative subsides for the madness, a large amount of Western farm land is being used to grow food to convert to biofuel which results in a net loss of food for people that must be made up for either by starving people in third world countries or cutting down virgin forest. For example 40% of the US corn crop is now converted to ethanol….
>>>>>>>>>>>>>>>>>
I am going to add to that point
I think David P. Goldman (Spengler) is off by a few years but all it will take is a bad harvest and 2013 is not shaping up well. “May 10, 2011… Egypt is running out of food, and, more gradually, running out of money with which to buy it. The most populous country in the Arab world shows all the symptoms of national bankruptcy…”
Earlier in February 2013, Abdolreza Abbassian, a senior economist at the Food and Agriculture Organisation (FAO) said “…We should be expecting excellent crops in 2013 which could weigh heavily on prices… But the weather could turn negative, and because we are in a tight situation, prices could react violently and rise…” LINK: Cereal crop prospects for 2013 excellent but stocks tight-FAO

Global Grain Stocks Drop Dangerously Low as 2012 Consumption Exceeded Production January 17, 2013
The world produced 2,241 million tons of grain in 2012, down 75 million tons or 3 percent from the 2011 record harvest. The drop was largely because of droughts that devastated several major crops—namely corn in the United States (the world’s largest crop) and wheat in Russia, Kazakhstan, Ukraine, and Australia. Each of these countries also is an important exporter. Global grain consumption fell significantly for the first time since 1995, as high prices dampened use for ethanol production and livestock feed. Still, overall consumption did exceed production. With drought persisting in key producing regions, there is concern that farmers in 2013 will again be unable to produce the surpluses necessary to rebuild lowered global grain reserves….

The USA no longer maintains the grain reserves it once had. In 2008 during the food riots in more than 60 countries the USDA announced “Our cupboard is bare.” So there is no backup grain stores just cash in a bank account.
The 2008 food riots occurred despite 2007 Grain Harvest Sets Record,

….People consume a little less than half (48 percent) of the world’s grain directly—as steamed rice, bread, tortillas, or millet cakes, for instance.8 Roughly one third (35 percent) becomes livestock feed.9 And a growing share, 17 percent, is used to make ethanol and other fuels….
In 2007, a 200-million-ton jump in the global coarse grain harvest was responsible for nearly all of the increase in the total grain harvest. Production of coarse grains—a group that includes corn, barley, sorghum, and other grains fed mainly to animals—increased 10 percent, from 985 million tons in 2006 to 1,080 million tons in 2007. At 784 million tons, the record harvest of corn was buoyed by the growing use of this grain to produce biofuels, which prompted farmers in the United States (responsible for over 40 percent of the global harvest and half of world exports), Brazil, and Argentina to plant more land to corn. Production in China, the world’s second largest corn producer, inched beyond the previous year’s record….
Wheat harvests increased modestly, by 2 percent, to 605 million tons, with near perfect weather nurturing strong harvests in India, the EU, and the United States. Australia, however, normally the source of one third of world exports, faced lower crop prospects and depleted exportable supplies. And unfavorable weather meant a reduced harvest in China, the world’s second largest producer…
The amount of grain stored by governments— a good measure of the global cushion against poor harvests and rising prices—continues to decline. Global cereal stocks were expected to stand at 318 million tons by the close of the 2007 season, equivalent to about 14 percent of annual consumption. (See Figure 3.) These stocks, and the stock-to-use ratio, built up by bumper crops in the 1980s and the late 1990s, are now substantially below their all-time high.
Despite the record harvest, the low stocks and strong demand combined to push prices of all cereals to new highs…

Then you have all the game playing by the financiers as food commodities trading became attractive when the other financial bubbles burst.

How Goldman Sachs Created the Food Crisis
Since the bursting of the tech bubble in 2000, there has been a 50-fold increase in dollars invested in commodity index funds. To put the phenomenon in real terms: In 2003, the commodities futures market still totaled a sleepy $13 billion….speculators poured $55 billion into commodity markets, and by July, $318 billion was roiling the markets. Food inflation has remained steady since.
The money flowed, and the bankers were ready with a sparkling new casino of food derivatives. Spearheaded by oil and gas prices (the dominant commodities of the index funds) the new investment products ignited the markets of all the other indexed commodities, which led to a problem familiar to those versed in the history of tulips, dot-coms, and cheap real estate: a food bubble. Hard red spring wheat, which usually trades in the $4 to $6 dollar range per 60-pound bushel, broke all previous records as the futures contract climbed into the teens and kept on going until it topped $25. And so, from 2005 to 2008, the worldwide price of food rose 80 percent — and has kept rising….

The commodities trading that drove prices through the roof in 2008 has not gone away. Expect the bad news about spring planting in the USA to drive prices again.
This is an Interview by The Farm Journal of two commodity/grain marketing specialists.

Farm Journal: 2013 Outlook: Wheat Prices to Tag Along with CornNovember 5, 2012
How would you characterize this year’s wheat crop and the market for the commodity, both in the U.S. and globally? What, if anything, surprised you?
[2012]
…. Both total wheat production and consumption in the U.S. are lower this year. Wheat only saw a small hit in yields as a result of the drought when compared to other crops with average yields 2.6 bu/acre lower this year than last…. While wheat disappearance for food and seed are slightly higher than last year’s totals, exports saw a sharp decline. Feed and residual use is seeing significant growth going into next year. Much of the increase can be attributed to higher corn prices due to this summer’s drought causing wheat to become a feasible alternative to corn.
Globally, wheat production did not fare as well. Wheat production is projected to be lower in Russia, Australia and the European Union as drought persists in each of these regions. Global wheat use is also projected to be lower….
[2013 forecast]
Williams: There are several factors to watch for in 2013. The biggest factor in terms of wheat supply is to watch the drought situation on a global basis. Australia has seen some relief lately, but it looks like it is too late to have much of an impact on the current crop.
In terms of the U.S., much of South Dakota, Nebraska, Oklahoma and Kansas are still in an extreme drought. Rain and snow over the winter and into the spring will play a vital role in determining wheat production in 2013. Well over 80% of the winter wheat crop has been planted already, so upcoming USDA reports on planted acres should provide a good estimate of how much wheat has been planted.
In terms of prices, the USDA’s most recent estimate is $7.65 to $8.55/bushel, but as of October 31 the Kansas City July 2013 futures price for wheat was $9.12/bu.

That was the ‘optimistic forecast’ from last fall. This is the first week of May’s news from The Farm Journal.

April Showers (and Snow) Bring Market Chaos
…The 2013 planting season has been downright wacky. The calendar has flipped to May, but snow, freeze warnings and excessive rain broke weather records in many areas.
These rare weather occurrences kept many planters parked across the country. As of April 28, USDA estimates only 5% of the U.S. corn crop is planted. The five-year average for this time is 31%. Last year, nearly half of the corn crop had been planted…
For the coming week, USDA will not only release its weekly planting progress report, on Friday, May 10 it will release this month’s monthly World Agricultural Supply and Demand Estimates and Crop Production reports…. USDA has a history of lowering yield expectations if the corn crop is not 40% planted by their May reports….
it is too early to say with any certainty farmers will change their crop mix. “Nobody has done any concrete changes yet,” he says.
What he will be watching closely is old-crop corn demand. Will USDA reduce exports more or increase feed usage? “What I would look for is if they don’t raise feed usage, it kind of tells us that we’ll import corn, feed more wheat or do something else to not tighten up that feed supply more than it already is,” Gulke says.

(A U-tube talk is included)
The USA IMPORT grain??? HUH? we are the world’s largest EXPORTERS…. link
Comments on The Farm Journal article from a cynical farmer…

The truth is that the northern plains still has frozen ground!! And the snow is not gone in much of the Midwest and northern Midwest. Once it is – it will take days of hot dry weather to dry it out. We are already into late May in much of the northern Midwest now. If you farm 2000 – 10000 acres like many farms do – how are you going to get it all in??
And if you do – what kind of yield is already lost!!?? Come on Jerry – if you are a farmer then you know there are some very serious issues here. Why are you trying to keep the market depressed. Always stating that the crop will miraculously all get in and that farmers will go 24 HOURS!! Wow really?? And Jerry is a farmer?? Why would a farmer run his own markets down with such talk??!
The United States now has a 60 day food supply instead of the historical 90 day supply. We are one disastrous crop year away from serious trouble and this is the type of analysis we get from a FARMER??

Canada doesn’t look too good LINK: Canadian Stocks Dwindle, Planting Delayed and my area (NC) is not much better off than the Midwest. We had two weeks of warm weather mid April and since then it has been cold, The soil temp was 54 °F 8:30AM on the 7th of May and soggy, just right to rot the seed in the ground before it sprouts. In the first week of May I haven’t seen any plowed ground. The corn finally went in in mid-May on my road and its about a foot high compared to over my head on the coastal plain.
The Agronomy Dept.at Purdue Univ. says, When soils warm to the mid-50′s or warmer, emergence will occur in seven days or less if soil moisture is adequate. Thermal time from planting to emergence is approximately 115 growing degree days (GDDs) using the modified growing degree formula (Nielsen, 2008) with air temperatures or about 119 GDDs based on soil temperatures. A graph of mean temperature vs emergence link shows you really want the temperature above 56°F where the inflection point of the curve is. Otherwise the seed is just sitting in the ground waiting for the correct temperature to be reached and therefore at risk.
The flip side of the coin is how soon the corn is harvested in the fall and what the weather will be during the growing season and it is not just about rainfall. Dr. R.L. Nielsen at Purdue Univ. has another article.

Heat Unit Concepts Related to Corn Development:
Growth and development of corn are strongly dependent on temperature. Corn develops faster when temperatures are warmer and more slowly when temperatures are cooler. For example, a string of warmer than normal days in late spring will encourage faster leaf development than normal. Another example is that a cooler than normal grain filling period will delay the calendar date of grain maturity…

From the Financiers we have from last fall:

A Tale of Two Markets….As anyone that has experienced losses from a natural disaster well knows, insurance never covers the total cost of the experience. In addition to the financial costs is mental anguish. Together, these factors are going to make U.S. farmers stingy with their cash til September of 2013 when the next harvest occurs. U.S. farm equipment sales will certainly see the impact of the situation. Fertilizer sales will be less than might have been the case….

And from the same fellow more recently, Corn: Too Cold or Wet Yet so the traders have certainly noticed. There is an interesting graph in the article US corn planting progress vs corn price. the x axis goes from 7.04 (April 7) to 5.05 (May 5) and shows a real jump in price as the planting dates creep into May.
From another investment advisor on Apr 29, 2013 we have Crop Progress: Only 5% Of Corn Crop Planted… Corn, soybean, and wheat prices increased by double digits today due to the cold weather preventing farmers from planting…
How long will it take for people to wake-up and realize the climate is NOT getting warmer and burning in cars is idiocy. not to mention that corn strips the land of nutrients.

The effects of corn monoculture on soils
As an example of the worst soil depleting crop, one has to look no further than at corn crops. crops grown on the same soil year after year deplete the soil. The question is what happens to the soil when corn is grown year after year in soil without any thought of crop rotation? It is a well known fact among farmers that corn depletes the soil faster than any other crop. It demands more nutrients and for this reason it is a crop that is rotated or is planted on land that has been fallow for at least a year. During this time a crop of vetch or some legume crop is sown and is plowed under in the fall….

Unfortunately much of the farmland is leased or owned by large corporations only interested in a quick profit. I am sitting on 100 ac that was ‘mined’ of its soil till it had a hard time even producing weeds. Land that used to be some of the best in the county/state according to the Ag extension agent.

June 23, 2013 4:03 am

Now that there are no more elections to face he is implementing the Belmont Challenge economic and social engineering scheme that was quietly laid out and offshored during the first term. I explained the World Orders Model Project on the previous thread just waiting for K-12 to deliver the desired consciousness through Obama’s poorly understood ed reforms. Here’s the uS, UK, Australian and German funded Future Earth Alliance that is intimately bound up with the new C3 Social Science Framework of the conceptual understandings students now MUST believe. http://www.invisibleserfscollar.com/future-earth-alliance-where-education-climate-and-economic-planning-are-all-cores/
The UN set up a new affiliate, the World Futures Council, in 2006. In 2009 they issued their blueprint for global change with a foreword by Ashok Khosla, Co-President of the Club of Rome. It is called A Renewable World: Energy, Ecology, Equality. In tandem with the real Common Core in education that insists on an equitable distribution of capacities and outcomes, we are to be getting social and economic planning using the Big Data we are generating. Just as this administration laid out last summer in a National Research Council report called “Computing Research for Sustainability.”
Which I read the week it came out. Been waiting for this shoe to drop ever since.

Bruce Cobb
June 23, 2013 4:33 am

We shouldn’t be so close-minded. Think how happy this will make groups like Taliban and al Quaida, and countries like NK. Destroying our economy will make many people around the world and even in the US happy, and that has to count for something. As far as the environmental destruction and pollution caused by slash-and-burn policies, these are just the price we must pay for the benefit of the children, who will surely thank us later on. They will also not mind the lowered standards of living due to higher-priced forms of energy, and lack of jobs due to businesses fleeing elsewhere. We didn’t want them anyway.
We can live more simply, in huts, doing without electricity sometimes, and making do with less. We can live with windmills and solar installations covering huge swathes of landscape, and the bird carcasses scattered about. Birds are just messy and noisy anyway. The persistent haze from people burning wood and other things will be somewhat unpleasant, but that is what masks are for. We can always put barbed wire around the few remaining parcels of woods, and people can see pictures of them.
If we all will just pull together we can do this. It won’t be easy, and sometimes it will be unpleasant, but it’s necessary for the future of our planet. Yes we can.

rogerknights
June 23, 2013 4:39 am

Mark Luhman says:
June 23, 2013 at 12:09 am

stuart L Says
“They the (US) have land for food or land for energy but not enough for both, unless they destroy whats left of the natural environment.”

That is so much clap trap: we have ample land for farming with plenty oil and gas in the ground. All of which can be used with little damage to the environment. Modern oil and gas extraction if far cleaner than it was even thirty years ago,

Stuart L seemingly left out a word. I’m sure he meant to say:

“They the (US) have land for food or land for [biofuel] energy but not enough for both, unless they destroy whats left of the natural environment.”

DirkH
June 23, 2013 4:42 am

tango says:
June 23, 2013 at 2:48 am
“it is all to late everybody should go home and get under the bed . to escape heat from four Hiroshma size bombs exploding per second causing the world to heat up ”
Yes! EVEN WORSE! Normal sunlight adds heat from FOUR THOUSAND Hiroshima bombs exploding per second!
http://wattsupwiththat.com/2012/05/15/global-warming-splodeified/
It has actually been too late since the beginning of time! Oh noes!

DirkH
June 23, 2013 4:49 am

Scarface says:
June 23, 2013 at 1:34 am
“How in the world is it possible that so called green organizations like Greenpeace and WWF call CO2 a pollutant and promote and/or don’t question the legal and illegal burning of their once almost sacred rainforests? And meanwhile attack fracking and promote biodiesel?”
You’re being unfair. They attack everything. Of course they attack those things the most that resonate with rich decadent stupid Westerners because that’s how they make their money. If attacking wind turbines becomes more profitable than attacking fracking they will do so.

arthur4563
June 23, 2013 4:50 am

Obama, the thoroughly modern brainless twit. Nothing else need be said.

john
June 23, 2013 5:05 am

Nice post Gail. Here is a flashback from a paper written about oil price shocks:
http://dailybail.com/home/bernanke-on-oil-price-shocks.html
Here is a little gem I picked up yesterday from the WSJ:
Wall Street Journal: Traders Try to Manipulate Prices in Multi-Trillion Dollar Oil Market
http://www.imackgroup.com/mathematics/1914822-wall-street-journal-traders-try-to-game-prices-in-multi-trillion-dollar-oil-market/
[excerpt]
LONDON—The European Union says it is searching for evidence that oil traders manipulate prices. If oil trader Halis Bektas is correct, it shouldn’t be hard to find.
Mr. Bektas describes one strategy he has used himself: Offer to sell a small amount at a loss to drive down published oil prices, then snap up shiploads at the lower price.
The European Union is investigating whether oil traders manipulate the benchmarks posted daily by oil index publisher Platts in order to affect energy prices. WSJ’s Jenny Gross reports…
…The European Union is investigating manipulation of benchmarks as part of a probe into whether energy traders skew prices of oil and other fuels for their own financial benefit. EU investigators in May conducted unannounced inspections of oil giants BP BP.LN +0.48%PLC, Royal Dutch Shell RDSB.LN +0.60%PLC and Statoil SA, STL.OS +0.08%as well as Platts, looking for evidence of benchmark manipulation going back as far as 2002. The companies have said they are cooperating with the investigations.
The probe comes as regulatory concern grows around the world about important market benchmarks set by unregulated entities in opaque fashion. A scandal involving the manipulation of the London interbank offered rate, or Libor, an important interest-rate benchmark, has ensnared at least three banks. Regulators in the U.S. also are investigating the way benchmarks are set for a form of derivatives called interest-rate swaps.
——-
I also object to the administration using children for psychological warfare.

rogerknights
June 23, 2013 5:09 am

Re thorium: An interesting article appeared on the Seeking Alpha financial/investing website–“The Reemergence of Nuclear Power: A Case for Thorium.” It’s at http://seekingalpha.com/article/1515512 . It’s penultimate paragraph reads:

This is where a company like Lightbridge (LTBR) [ http://seekingalpha.com/symbol/ltbr ] comes into play. A $20 million company that’s been public since just after the dotcom crash, Lightbridge is making some headway into thorium and nuclear overall. The company recently patented a few designs [ http://www.ltbridge.com/technologyservices/fueltechnology/thoriumbasedseedandblanketfuel ] for thorium reactors that operate a little differently than LFTRs. One of the benefits of Lightbridge’s design is the ability to incorporate thorium fuel with many already-existing nuclear reactors, thus removing the need to install and fund massive new equipment. The company’s stock isn’t exactly in a position to surge quickly, as this seems to be the quintessential long-run high risk/high reward play (the company reported a net loss for the past two years).

And here’s a comment from a reader, Davewmart, (below the article) that provides some detail:

Thorium may also be used in conventional, or only slightly modified, reactors:
‘The thorium fuel is in the form of pellets composed of a dense thorium oxide ceramic matrix containing about 10% of finely blended plutonium oxide as a ‘fissile driver’. As a mixed-oxide (MOX) fuel variant it is familiar to the nuclear industry, but thorium-MOX fuel has certain advantages compared to the uranium-MOX fuels in use at some reactors around the world. It promises higher operating safety margins due to higher thermal conductivity and melting point, and produces no new plutonium as it operates. Thor Energy pointed out that thorium-plutonium fuels therefore provide a new option for reducing civil and military plutonium stocks.’
And:
‘Other approaches to begin using thorium include a research program by Candu of Canada and China National Nuclear Corporation to develop a version of the Candu design that could use thorium fuel as well as recycled uranium. Indian planners are moving towards a complex three-stage program to use natural uranium and then fast-neutron reactors to create uranium and plutonium drivers for a third stage powered by thorium.’
[The quotes above are from:] http://bit.ly/13ZOGFL [World Nuclear News]
Thorium is very important for India, which has extensive reserves, but has little uranium

Ian H
June 23, 2013 5:13 am

Ian H says:
June 22, 2013 at 10:55 pm
Putting this on WUWT will send the views skyrocketing!….kinda counter productive really…

Nice one. Sounds almost like something I could say. One of us needs to choose a different handle.

troe
June 23, 2013 5:14 am

Lets hope that the party in opposition here makes this as big an issue as our AU friends have. In a sense we should welcome the chance to have this conversation. Many of you have worked hard to build us a winning hand.

DEEBEE
June 23, 2013 5:16 am

Getting rid of the deficit and paying off the debt will go a long way to get us in good with the children. Otherwise we will implement programs, perhaps incorrectly and leave them with the tab

Doug Huffman
June 23, 2013 5:25 am

Alexander Feht says: June 23, 2013 at 1:19 am “How do I shun a fool who points a gun at my head, and has his hand in my pocket?” This shunned has power only if you want to live under his gun.
About LFTR; learn the history of melted coolant reactors, and of reactive metals in reactors. Japan’s Monju NPP history may be instructive. The safest and most productive NPP are the US Navy’s light water PWR.
About Obama; see (a White House reporter for Yahoo! News) Rachel Rose Hartman’s gaffe of yesterday 22 June 2013, “he won’t be stopping in the country of his birth.”

rogerknights
June 23, 2013 5:37 am

andrewmharding says:
June 23, 2013 at 1:31 am
Stan, what you say just confirms the illogicality of AGW, slash and burn natural atmospheric CO2 removers, to pump more CO2 into the atmosphere, then plant crops that are totally useless to the indigenous population, which will eventually fail due to the thin layer of soil, pumping more CO2 into the atmoshere!
You couldn’t make it up!
Scarface says:
June 23, 2013 at 1:34 am
From the Huffington Post:
http://www.huffingtonpost.com/2013/06/21/indonesia-fires_n_3479727.html
“Palm oil companies are suspected of illegally starting widespread forest fires in Indonesia in order to clear land for palm oil plantations, Indonesian officials say. The fires have caused record levels of hazardous smog in neighboring Singapore since Wednesday.”
“A staple for cooking throughout Southeast Asia and elsewhere, palm oil is the single largest traded vegetable oil commodity in the world, and global demand is rising rapidly, the U.S. Department of Agriculture says. The oil is increasingly used in the manufacture of cosmetics, soaps, pharmaceuticals and industrial products. It is also used to make biodiesel fuel.”

A company called Solazyme is nearing the completion of industrial-scale plants to use patented algae to manufacture myristic acid, the high-value component of palm oil. This, and other products it is developing, could in time make palm oil plantations less valuable. See this article at http://seekingalpha.com/article/1513782

Solazyme (SZYM) [ http://seekingalpha.com/symbol/szym –this link contains links to other articles on SZYM and its myristic acid process] has a disruptive proprietary technology that uses algae to produce tailored, high-value oils that add value to a number of industries.
……………..
Solazyme is currently targeting the fuels, chemicals, nutritionals, and skin and personal care markets. Once Solazyme proves it can commercialize and deliver product in these markets, the future opportunity scale is enormous. The global demand for oil is huge and growing; and oils are present in almost everything we eat, see, and touch. The basic oils that we have traditionally relied on to meet our needs are plant oils, animal fats, and petroleum.

June 23, 2013 5:43 am

Bruce-
Funny you should bring up AQ since at almost precisely the same time the UN set up the World Future Council they set up the Alliance of Civilizations. Do look up the recent annual meeting in Vienna. I had never heard of AoC until the current director-general of UNESCO, a Bulgarian by the name of Irina Bokova, kept mentioning working with AoC as part of the concept of Education for Sustainability. That she says is necessary to get to the New Humanism that is a 21st century update to what Uncle Karl wrote about in the 19th.
In addition to required beliefs about AGW, beliefs about certain world religions and ethnic groups will also be required as the only acceptable perspective. I am not making this up. It was laid out in a 2010 UNESCO report I have. Even though for some reason it was actually printed in Russia.

June 23, 2013 5:48 am

I think the comments on the video are more interesting than what he has to say.