international politics

Stratfor breaks it down

Interesting stuff over on Stratfor about the “Geopolitics of $130 oil.” The short story is: The U.S. is hit, but not too hard, given its transition from manufacturing to services. China gets the worst of it by far — it lives by manufacturing but it’s forced to hold prices down to avoid unrest, so it’s […]

Tom Friedman on the need to invest in infrastructure and revitalize the U.S.

Sometimes Tom Friedman drives me crazy, but he often has a good nugget hidden in the middle of his columns, like this one last Sunday:

A few weeks ago, my wife and I flew from New York's Kennedy Airport to Singapore. In J.F.K.'s waiting lounge we could barely find a place to sit. Eighteen hours later, we landed at Singapore's ultramodern airport, with free Internet portals and children's play zones throughout. We felt, as we have before, like we had just flown from the Flintstones to the Jetsons. If all Americans could compare Berlin's luxurious central train station today with the grimy, decrepit Penn Station in New York City, they would swear we were the ones who lost World War II.

I've often wondered what would happen if Germany, Italy, and Japan fought a world war against the U.S., Russia, and Britain in today's world -- but on a more positive note, perhaps we can move past the "private wealth, public squalor" contrast that John Kenneth Galbraith pointed to long ago.

How rising oil prices are obliterating America’s superpower status

The following was originally published on Tom's Dispatch, which has graciously permitted us to use it here.

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Nineteen years ago, the fall of the Berlin Wall effectively eliminated the Soviet Union as the world's other superpower. Yes, the USSR as a political entity stumbled on for another two years, but it was clearly an ex-superpower from the moment it lost control over its satellites in Eastern Europe.

Less than a month ago, the United States similarly lost its claim to superpower status when a barrel crude oil roared past $110 on the international market, gasoline prices crossed the $3.50 threshold at American pumps, and diesel fuel topped $4.00. As was true of the USSR following the dismantling of the Berlin Wall, the U.S. will no doubt continue to stumble on like the superpower it once was; but as the nation's economy continues to be eviscerated to pay for its daily oil fix, it, too, will be seen by increasing numbers of savvy observers as an ex-superpower-in-the-making.

That the fall of the Berlin Wall spelled the erasure of the Soviet Union's superpower status was obvious to international observers at the time. After all, the USSR visibly ceased to exercise dominion over an empire (and an associated military-industrial complex) encompassing nearly half of Europe and much of Central Asia. The relationship between rising oil prices and the obliteration of America's superpower status is, however, hardly as self-evident. So let's consider the connection.

Dry hole superpower

The fact is, America's wealth and power has long rested on the abundance of cheap petroleum. The United States was, for a long time, the world's leading producer of oil, supplying its own needs while generating a healthy surplus for export.

Tar sands are hardly ‘environmentally responsible’

Alberta's tar sands got yet another huge black eye this week when as many as 500 ducks died after simply landing on a giant pond full of highly toxic oil sands tailings. Only five were said to have survived their toxic plunge. A member of a Canadian environmental watchdog group described the water found in the ponds as follows:

Drinking a glass of water from a tailings pond would be like drinking a diluted glass of oil or gasoline.

Whether the bitumen is cooked in situ while still underground or scraped off, carted away, and processed elsewhere -- either process requiring both huge amounts of energy and water -- millions of tons of global warming pollution are produced and nearly unfathomable amounts of toxic wastewater and tailings are left behind. Indeed, it is estimated that producing one barrel of oil from tar sands requires between 2 and 4.5 barrels of water. Last year alone, the Alberta tar sands industry was permitted water withdrawals totaling a staggering 119.5 billion gallons.

Thought of the day: American foreign policy

U.S. foreign policy is extremely opposed to big government. In fact, our rulers will spend huge amounts of taxpayer dollars trying to stir up military coups to impose dictatorships in any countries who try to institute more big government than we approve of.

Food vs. fuel debate, German edition

Defending her country’s biofuel mandates in a time of global food crisis, German Chancellor Angela Merkel recently denied that turning food crops into car fuel affects prices. Those looking for reasons behind the recent spike in food prices shouldn’t blame ethanol and biodiesel makers, she argued. Instead, look at how people are eating in the […]

Mag’s green issue exalts cap-and-trade

I now seem to be on some media distribution list to gin up early PR. Green publicists of the world, bring it on!

Here are links to key stories (plus some summaries, from Time):

This Week's Cover Features a Green Border -- Only the Second Issue in TIME's 85-Year History Without the Trademarked Red Border

(New York, April 17, 2008) -- In this week's issue, TIME managing editor Richard Stengel writes in his Letter to Readers, "This is our latest environment special issue but also a historic first: for this one issue, we've exchanged our trademarked Red Border for a green one. By doing so, we are sending a clear -- and colorful -- message to our readers about the importance of this subject, not just to Americans but to everyone around the world as well." The cover story -- "Green Is the New Red, White and Blue" -- written by TIME's Bryan Walsh, "is our call to arms to make this issue -- perhaps the most important one facing the planet -- a true national priority."

(Note: It's a pretty good story, as one expects from this magazine. That said, I take issue with one of the paragraphs in the cover story -- honorable mention to whoever figures out which paragraph it is. I'll post the answer tomorrow.)

You know who rocks?

Majora Carter rocks.

European biodiesel industry being bankrupted by loophole

They call them U-boats because they pull into a port just long enough to do a U-turn and head off to Europe. They stop just long enough to blend a touch of fuel into the tank so they can claim the government subsidy. Let's say you have a million gallons on board from, say, a palm oil plantation in Indonesia, or a soybean operation in South America. An hour or two after your arrival, your pockets are bulging with just short of a million U.S. taxpayer dollars. From the Guardian:

... the European Biodiesel Board, has uncovered the trade as part of its investigation into why British, German, and Spanish producers are in financial trouble at a time when biodiesel prices remain high. The board will call for retaliatory action against the U.S. over subsidies for its leading biofuel.

...

"[P]eople are bringing boats of soy or palm-based biodiesel from Europe and then mixing it with a bit of local biodiesel -- or even fossil-fuel diesel -- and then shipping it back," [biofuel consultant Ian Waller] said.

This is perfectly legal and has been going on for years now. Our politicians are apparently cool with it because it lines the pockets of their campaign fund supporters (primarily the ag lobby). Some U.S. biofuel company is getting a big return on investment every time it happens. The American public is cool with it because we are unwitting idiots.