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Blackstone Group CEO Steve Schwarzman nterviewed on Fox Business Network, 27 Apr 2018. Photo: Richard Drew/AP
TWO BRAZILIAN FIRMS owned by a top donor to President Donald Trump and Senate Majority Leader Mitch McConnell are significantly responsible for the ongoing destruction of the Amazon rainforest, carnage that has developed into raging fires that have captivated global attention.
The companies have wrested control of land, deforested it, and helped build a controversial highway to their new terminal in the one-time jungle, all to facilitate the cultivation and export of grain and soybeans. The shipping terminal at Miritituba, deep in the Amazon in the Brazilian state of Pará, allows growers to load soybeans on barges, which will then sail to a larger port before the cargo is shipped around the world.
The Amazon terminal is run by Hidrovias do Brasil, a company that is owned in large part by Blackstone, a major U.S. investment firm. Another Blackstone company, Pátria Investimentos, owns more than 50 percent of Hidrovias, while Blackstone itself directly owns an additional roughly 10 percent stake. Blackstone co-founder and CEO Stephen Schwarzman is a close ally of Trump and has donated millions of dollars to McConnell in recent years.
“Blackstone is committed to responsible environmental stewardship,” the company said in a statement. “This focus and dedication is embedded in every investment decision we make and guides how we conduct ourselves as operators. In this instance, while we do not have operating control, we know the company has made a significant reduction in overall carbon emissions through lower congestion and allowed the more efficient flow of agricultural goods by Brazilian farmers.”
Map: Soohee Cho/The Intercept
The port and the highway have been deeply controversial in Brazil, and were subjects of a 2016 investigation by The Intercept Brasil. Hidrovias announced in early 2016 that it would soon begin exporting soybeans trucked from the state of Mato Grosso along the B.R.-163 highway. The road was largely unpaved at the time, but the company said it planned to continue improving and developing it. In the spring of 2019, the government of Jair Bolsonaro, elected in fall 2018, announced that Hidrovias would partner in the privatization and development of hundreds of miles of the B.R.-163. Developing the roadway itself causes deforestation, but, more importantly, it helps make possible the broader transformation of the Amazon from jungle to farmland.
The roadway, B.R. 163, has had a marked effect on deforestation. After the devastation that began under the military dictatorship and accelerated through the 1970s and ’80s, the rate of deforestation slowed, as a coalition of Indigenous communities and other advocates of sustaining the forest fought back against the encroachment. The progress began turning back in 2014, as political tides shifted right and global commodity prices climbed. Deforestation began to truly spike again after the soft coup that ousted President Dilma Rousseff of the Workers’ Party in 2016. The right-wing government that seized power named soy mogul Blairo Maggi, a former governor of Mato Grosso, as minister of agriculture.
Yet even as deforestation had been slowing prior to the coup, the area around the highway was being destroyed. “Every year between 2004 and 2013 — except 2005 — while deforestation in Amazonia as a whole fell, it increased in the region around the B.R.-163,” the Financial Times reported in September 2017. That sparked pushback from Indigenous defenders of the Amazon. In March, Hidrovias admitted that its business had been slowed by increasing blockades on B.R. 163, as people put their bodies in front of the destruction. Still, the company is pushing forward. Hidrovios recently said that, thanks to heavy investment, it planned to double its grain shipping capacity to 13 million tons.
amazon-destruction-map-1-01-1566850165Map: Soohee Cho/The Intercept
The Amazon, where a record number of fires have been raging, is the world’s largest rainforest. It absorbs a significant amount of carbon dioxide, a major contributor to the climate crisis. The Amazon is so dense in vegetation that it produces something like a fifth of the world’s oxygen supply. The moisture that evaporates from the Amazon is important form farmlands not just in South America, but also in the U.S. Midwest, where it falls to the earth as rain. Protection of the Amazon, 60 percent of which is in Brazil, is crucial to the continued existence of civilization as we know it.
We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been. As economist Michael Hudson writes in his provocative 2018 book, “…and forgive them their debts,” debts that can’t be paid won’t be paid. The question, he says, is how they won’t be paid.
Mainstream economic models leave this problem to “the invisible hand of the market,” assuming trends will self-correct over time. But while the market may indeed correct, it does so at the expense of the debtors, who become progressively poorer as the rich become richer. Borrowers go bankrupt and banks foreclose on the collateral, dispossessing the debtors of their homes and their livelihoods. The houses are bought by the rich at distress prices and are rented back at inflated prices to the debtors, who are then forced into wage peonage to survive. When the banks themselves go bankrupt, the government bails them out. Thus the market corrects, but not without government intervention. That intervention just comes at the end of the cycle to rescue the creditors, whose ability to buy politicians gives them the upper hand. According to free-market apologists, this is a natural cycle akin to the weather, which dates all the way back to the birth of modern economics in ancient Greece and Rome.
Hudson counters that those classical societies are not actually where our financial system began, and that capitalism did not evolve from bartering, as its ideologues assert. Rather, it devolved from a more functional, sophisticated, egalitarian credit system that was sustained for two millennia in ancient Mesopotamia (now parts of Iraq, Turkey, Kuwait and Iran). Money, banking, accounting and modern business enterprise originated not with gold and private trade, but in the public sector of Sumer’s palaces and temples in the third century B.C. Because it involved credit issued by the local government rather than private loans of gold, bad debts could be periodically forgiven rather than compounding until they took the whole system down, a critical feature that allowed for its remarkable longevity.
The True Roots of Money and Banking
Sumer was the first civilization for which we have written records. Its notable achievements included the wheel, the lunar calendar, our numerical system, law codes, an organized hierarchy of priest-kings, copper tools and weapons, irrigation, accounting and money. It also produced the first written language, which took the form of cuneiform figures impressed on clay. These tablets were largely just accounting tools, recording the flow of food and raw materials in the temple and palace workshops, as well as IOUs (mainly to these large public institutions) that had to be preserved in writing to be enforced. This temple accounting system allowed for the coordinated flow of credit to peasant farmers from planting to harvesting, and for advances to merchants to engage in foreign trade.
In fact, it was the need to manage accounts for a large labor force under bureaucratic control that is thought to have led to the development of writing. The people willingly accepted this bureaucratic control because they viewed the gods as having decreed it. According to their cuneiform writings, humans were genetically engineered to work the fields and the mines after certain lower gods tasked with that hard labor rebelled.
Usury, or the charging of interest on loans, was an accepted part of the Mesopotamian credit system. Interest rates were high and remained unchanged for two millennia. But Mesopotamian scholars were well aware of the problem of “debts that can’t be paid.” Unlike in today’s academic economic curriculum, Hudson writes:
Babylonian scribal students were trained already c. 2000 BC in the mathematics of compound interest. Their school exercises asked them to calculate how long it took a debt at interest of 1/60th per month to double. The answer is 60 months: five years. How long to quadruple? 10 years. How long to multiply 64 times? 30 years. It must’ve been obvious that no economy can grow in keeping with this rate of increase.
Sumerian kings solved the problem of “peak debt” by periodically declaring “clean slates,” in which agrarian debts were forgiven and debtors were released from servitude to work as tenants on their own plots of land. The land belonged to the gods under the stewardship of the temple and the palace and could not be sold, but farmers and their families maintained leaseholds to it in perpetuity by providing a share of their crops, service in the military and labor in building communal infrastructure. In this way, their homes and livelihoods were preserved, an arrangement that was mutually beneficial, since the kings needed their service.
Jewish scribes, who spent time in captivity in Babylon in the sixth century B.C, adapted these laws in the year or jubilee, which Hudson argues was added to Leviticus after the Babylonian captivity. According to Leviticus 25:8-13, a Jubilee Year was to be declared every 49 years, during which debts would be forgiven, slaves and prisoners freed and their property leaseholds restored. As in ancient Mesopotamia, property ownership remained with Yahweh and his earthly proxies. The Jubilee law effectively banned the outright sale of land, which could only be leased for up to 50 years (Leviticus 25:14-17). The Levitican Jubilee represented an advance over the Mesopotamian “clean slates,” Hudson says, in that it was codified into law rather than relying on the whim of the king. But its proclaimers lacked political power, and whether the law was ever enforced is unclear. It served as a moral rather than a legal prescription.
Ancient Greece and Rome adopted the Mesopotamian system of lending at interest, but without the safety valve of periodic “clean slates,” since the creditors were no longer the king or the temple, but private lenders. Unfettered usury resulted in debt bondage and forfeiture of properties, consolidation into large landholdings, a growing wedge between rich and poor, and the ultimate destruction of the Roman Empire.
Posted by DanielS on Tuesday, 27 August 2019 15:49.
Euractiv File photo. Brazilian President Jair Bolsonaro attends the BRICS (Brazil, Russia, India, China and South Africa) Leaders’ meeting on the sidelines of G20 summit in Osaka, Japan, 28 June 2019. [Kremlin pool/EPA/EFE]
G7 agrees on €18 million plan for forest fires but Brazil refuses aid
On Monday (26 August), the second day of the G7 meeting in Biarritz, France, climate protection was on the agenda. Even though states agreed on a plan to tackle forest fires in the Amazon rainforest, Brazil rejected foreign aid. EURACTIV Germany reports
During the G7 summit, heads of state and government agreed on an emergency programme with almost €18 million to tackle the forest fires in the Amazon region. French President Emmanuel Macron had put the topic on the meeting’s agenda at short notice.
However, only a few hours later, Brazil’s cabinet chief Onyx Lorenzoni rejected the programme. He told a news portal that Brazil was not prepared to take the money and urged Europe to reforest ‘its own backyard’. The Brazilian press office of the presidency confirmed the rejection to AFP.
The Amazon rainforest, which is about twice the area of France (1.2 million km2), has been seeing many forest fires. For Macron, this is “a drama that concerns all of humanity”. That is why states want to provide Brazil with immediate financial and technical help.
The UK has been the largest donor, as it has proposed to deploy €11 million for the emergency fund. The UK also pledged to double its contribution to the international climate fund. Since 2014, the fund has provided $100 billion each year for regions afffected by climate change. The UK will therefore contribute almost €1.6 billion over the next four years.
Green Climate Fund
@GCF_News
The UK announces a doubling of their contribution to the #GreenClimateFund! Cheers for your leadership in turning #ClimateAmbition into #ClimateAction. #G7 #G7Biarritz @DFID_UK https://g.cf/2Nz89vB
10:29 - 26 Aug 2019
Macron also stated that a comprehensive reforestation programme for the Amazon region should be agreed at the climate summit in New York in September. Nine countries affected by the forest fires – Brazil, French Guyana, Peru, Colombia, Venezuela, Suriname, Bolivia, Ecuador and Guyana – should benefit from the programme.
In these areas, forest fires have increased dramatically in recent weeks. Many of the fires are not natural as they result from fire clearances that create free space for animal breeding, for example.
According to Brazil’s National Institute for Space Research, 60% more rainforest was subject to slash-and-burn practices in June compared to the same month last year.
G7 weekend sum-up: Trump deepens divisions by pushing for Russia’s readmission
The readmission of Russia in the Group of Seven most industrialised countries became a bone of contention between Donald Trump and his partners during a summit held in Biarritz (France), as the Europeans and Canada insisted on maintaining the group as a “club of liberal democracies”.
Forest fires for financial interests
Brazil rejecting aid is not that surprising. The country’s right-wing populist president Jair Bolsonaro said such foreign aid had a “colonialist mentality” behind it.
It was not until France and Ireland threatened to block the long-planned trade agreement between the EU and Mercosur states that Brazil started to act. The president deployed 43,000 army troops and two military aircraft to deal with the forest fires over the weekend. Observers accuse Bolsonaro of at least tolerating the fires in his own country and of expecting economic benefits from the clearance.
France and Ireland threaten to vote against EU-Mercosur deal
Irish Prime Minister Leo Varadkar has threatened to vote against a trade deal between the EU and South American trade bloc Mercosur unless Brazil, where wildfires continue to devastate the Amazon rainforest, takes its environmental obligations more seriously.
The trade agreement between the EU and the Mercosur states has thus become a driver of forest fires, criticised Martin Häusling, a spokesman for agricultural policy for the Greens/EFA group in the European Parliament.
“Brazil is creating space for grazing land and soy plantations – because Europe is to be supplied with the meat of 600,000 cattle and countless chickens. And that needs space,” Häusling said.
German Chancellor Angela Merkel was satisfied with the talks on climate protection. Yesterday morning, Merkel held talks with UN Secretary-General António Guterres. It had been agreed that in the run-up to the COP25, the “commitment of as many countries as possible to climate neutrality by 2050 was of utmost importance”.
Trump’s chair remained empty
Further details on the G7 climate session are not yet known.
In addition to fires in the Amazon rainforest, the states at the G7 summit had also debated the protection of the oceans. In July, the EU and Canada launched a joint ocean programme.
Why the ocean should be on the G7 agenda
Surfrider Europe, a French organisation fighting for clean oceans, is organising an event ahead of the G7 summit in France. The aim is to call for incorporating ocean protection into international negotiations, particularly those concerning climate change. EURACTIV’s partner la Tribune reports.
US President Donald Trump did not take part in the working session on environment issues.
When journalists asked him whether he had been present after the working session, he replied that “the meeting will take place soon” and did not respond to the objection that it had already taken place.
According to media reports, US government representatives had snubbed Macron’s agenda for including “niche issues” such as biodiversity rather than economic issues.
According to Macron, there should be a final summit statement, albeit a minimalist one. At the previous summit, Trump withdrew his support from the joint statement At the last G7 summit, Trump decided not to sign the final summit statement.
As fires ravage massive areas of the Amazon, the vital rainforest is nearing a “tipping point” in which a third of its ecosystem could be irreversibly decimated, experts have warned.
The loss of such huge areas of the forest would result in the eradication of species, many of which are yet to be studied, but would also unleash vast amounts of stored carbon.
Such devastation could spell catastrophe for the planet due to the implications for climate change.
Thousands of fires are racing through the Amazon, with Brazil recording more than 75,000 individual forest fires in the first eight months of the year.
In July, the rate of deforestation equated to roughly an area the size of Manhattan every day, or the size of Greater London every three weeks.
Professor Thomas Lovejoy of George Mason University, who has studied the Amazon since 1965, told The Independent there are signs it is on course for further extensive deforestation which will soon stretch beyond human control.
The previous research of his colleague Carlos Nobre indicates further razing could break the Amazon’s hydrological cycle, whereby it generates half its own rainfall. If a critical amount of trees are felled, the ecosystem will degrade to the point of being unable to support the rainforest.
But speaking to The Independent on Friday, Professor Lovejoy said things have since become much worse.
“When we were first worried about it, the amount of deforestation was small,” he said. “But then these other things started to interact – the impact of deforestation and the effects of climate change became apparent, and the extent of the use of fire [for clearing land] became apparent.
“The reason we believe the tipping point is so close is because we’re seeing historic droughts in 2005, 2010, and 2016. And satellite images in the north central Amazon also show forests remote from everything are beginning to convert into grassland. That’s yet another symptom.
“These are not little droughts – boats cannot get up some of the river’s tributaries, because they’re so dry.”
Professor Lovejoy said such a conversion from rainforest to savannah and scrubland would be the wider effect if a tipping point is reached.
“You’d have extensive parts of the southern and eastern Amazon and parts of the central converting to savannah, and maybe to even drier conditions.”
As well as the catastrophic loss of the rainforest as a massive carbon sink, Professor Lovejoy said losing swathes of the Amazon would result in a huge loss in the planet’s biodiversity.
“People don’t really grasp that the biodiversity in one part of the Amazon is very different to that in other parts,” he said.
A [right winger] is burning the Amazon – but Macron is complicit too
PM’s minister ‘cosying up’ to far-right Brazilian government.
Macron says France will block trade deal with Brazil over Amazon fires
Meat eaters are helping to fuel the Amazon forest fires
“So if you have regional loss, you’ve having actual total loss of that biodiversity. It’s the largest terrestrial repository of biodiversity on the planet, so all that will impact the future of Brazil, the economy, for the future of the world, vanishes.
“We tend to live in the delusion we don’t depend on the biology of the planet, but we do. Agriculture, forestry, medicine, all of that has a major biological base. Scientists are revealing new potential all the time. But you can’t do that if the species isn’t there to study. It’s like book burning on a very grand scale.”
He added: “The standing forest is absorbing carbon on an annual basis, but its even greater importance is in the total amount of carbon stored in the forest itself. Tropical rainforests store more carbon per unit area than basically any other kind of habitat. So it’s folly in the end.”
Asked if he thought Brazilian president Jair Bolsonaro was a threat to the future of life on our planet, Professor Lovejoy said: “He certainly is, and he’s also a threat to Brazilian agriculture.”
But he said judging by the amount of public concern in Brazil, he believes things can change, despite Mr Bolsonaro’s policies.
“When there’s so much smoke in Sao Paolo, the street lamps come on at three in the afternoon, it’s clear there’s a problem.
“The world doesn’t expect Brazil to manage this all completely on its own, the world would like to help. And we hope we will be welcomed into some kind of partnership.”
Posted by DanielS on Sunday, 11 August 2019 21:23.
Blacks as a biological weapon of the right
Threat, intimidation, shock and awe, extortion:
Just because public money in the form of Welfare, Foodstamps, Medcaid, Social Security, Government Programs, Scholarships and so on, is not considered “private”, i.e., “their per capita income”, does not mean that black woman have a disadvantaged economic basis, one which is in important ways more secure, not exactly at a disadvantage, in crucial life matters such as the capacity to have children - quite the opposite: they do not have to work and can just take their time and headspace to have children at everyone’s expense, who then register as more “blacks” come black women who have “five dollars a year net worth.”
Ridiculous.
There is also a factor of money that might funnel to them through crime - which might be spun by liberals into an expression of victimization. But if they get away with that additional income, it is not as if their only other recourse was welfare.
Blacks have an advantage when it comes to education through school or college of any kind, public or private.
After their educational advantage, educated black women make more money than White women.
If they do not choose to go to college, or trade school, blacks have a tremendous advantage with government jobs, such as the US Post Office or Public Transit or universities - which offer excellent benefits and retirement plans - if they do care to work. Actually, they have advantage with private business and corporations as well! In a word, what the hell are you talking about when you expect me to feel sorry for these people?
And all many of us White people want to do with them is nothing. We are repulsed from joining these public situations with them knowing that it will lead to straight out lineal extinction, a harrowing nightmare for what White children do survive for a time or Mulatto grandchildren, ultimately.
There is also a factor now of above board wealth among blacks that is not being factored into these statistics parceled out discreetly as ‘black woman poverty’ (which frankly is not my concern anyway).
In addition, there are the intangibles - black solidarity, the taboo and danger of criticizing and discriminating against them - “racism!” - to go along with their warrior gene, high testosterone hyper assertiveness and lack of impulse control that makes them a great weapon of fecundity, disingenuous self righteousness - along with the ever present threat of violence and riot to extort the system - and when you look like many of them do and cannot rise to wealth through protracted intellectual effort, what do you have to lose? - now even seeking reparations for slavery on top of the trillions they’ve already received in a program of White r-p-a-c-m-nt (a word forbidden to be used by us “privileged people”), on behalf of those who would wallpaper over the decency and expense of those offering the coordination of White Left ethnonationalism.
Do you seriously expect me to care about these people who are so destructive to ordinary and working class Whites? These blacks, who Right Wingers brought to bear against us, to the destruction of millions of our loving brothers and sisters, would-be sons and daughters? Whites who are not even allowed to organize in group defense? Not to mention the Caribbean and other Native American Indians.
Blacks know the ropes of the American system and work it much better than other groups, for example, some White peoples who are often more recently immigrated and not powerfully supported as a group by YKW language games.
While right wingers and lucky liberals intermarry with the YKW and continue this pig game…
This is how marginalized White men are made into cows along with the rest of the working/labor surplus world, to pay to make these fat asses even fatter (some now hidden beneath a burka) and more fecund to the detriment of all…to supply their feral sons and their feral black fathers with veritable harems as they go on to impregnate naive Hispanic, Indio and White women..and yes, Asian women too, in order to mix away the would-be left ethnonationalist unions/coalition in favor of one ruler, Abrahams’ favorite sons and daughters.
Stop wallpapering Whites, depicting all White men as powerful, privileged elite. Stop characterizing White right wingers, elite traitors that they are, taking the payoff with “fellow Whites” YKW - the truly organized oppressors - as if they represent us - they do not.
Stop using black biopower, its ugly violent element with nothing to lose, against us to destroy our marginals- who would otherwise begin to help manifest the union bounds that could form coalitions to hold right wing perfidy, betrayal and exploitation to account.
Just like Muslims, many blacks are well suited to be biological weapons of the right wing by nature, and those who seek to bring them to bear against other solidarities/unions, in the name of pity and self righteousness are perpetrating atrocity. Those women who bring them to bear and exploit against other peoples, pretending that it is out of sensitivity and compassion ought rather go and live with them in the societies that stem from their nature.
There has been a ramped-up effort since 2008 to identify White activism with “the right” and to join forces, even to the point of amalgam with YKW against “the left”....but if Non-White left ethnonationalists join forces with the Jewish, anti-White program - that Whites are responsible for the world’s problems - all of them! - to the point of wallpapering over White left ethnonationalism, it will be at the loss of one of their greatest potential allies in staving off their becoming a part of an ongoing disaster of Brazilification, for all its human and other ecological disaster - while these people who you rightfully hate get away with it.
Twenty people have been killed and 26 injured in a mass shooting at a Walmart store in the Texas city of El Paso.
Governor Greg Abbott described it as “one of the most deadly days in the history of Texas”.
Police are investigating whether the attack, which happened a few miles from the US-Mexico border, was a hate crime.
A 21-year-old man is in custody. Police said the suspect lived in Allen, Dallas, about 650 miles (1,046km) east of El Paso.
He has been named by US media as Patrick Crusius.
CCTV images said to be of the gunman and broadcast on US media show a man in a dark T-shirt wearing ear protectors and brandishing an assault-style rifle.
The Texas shooting is believed to be the eighth deadliest in modern US history.
It came less than 24 hours before another mass shooting in Dayton, Ohio, and less than a week after a teenage gunman killed three people at a California food festival.
The police and FBI are investigating whether an anonymous white nationalist “manifesto”, shared on an online forum, was written by the gunman. The document claims the attack was targeted at the local Hispanic community.
The Walmart, which is near the Cielo Vista Mall, was full of shoppers buying back-to-school supplies at the time of the shooting.
US President Donald Trump described the attack as “an act of cowardice”.
“I know that I stand with everyone in this country to condemn today’s hateful act. There are no reasons or excuses that will ever justify killing innocent people,” he wrote on Twitter.
The victims have not yet been named but Mexico’s President Andres Manuel Lopez Obrador said three Mexicans were among the dead, according to Reuters news agency.
“We as a state unite in support of these victims and their family members,” Mr Abbott said.
“We must do one thing today, one thing tomorrow and each and every day after this - we must unite.”
What happened?
El Paso Police Chief Greg Allen said reports of an active shooter were received at 10:39 local time (16:39 GMT), and law enforcement officers were on the scene within six minutes.
The 21-year-old is the only suspect in custody and police say no officers fired their weapons while arresting him.
Mr Allen said the ages of victims were “numerous” as he described the situation as “horrific”.
Kianna Long said she was at the Walmart with her husband when they heard gunfire.
“People were panicking and running, saying that there was a shooter,” Ms Long told Reuters. “They were running close to the floor, people were dropping on the floor.”
Ms Long said she and her husband ran through a stock room before taking cover with other customers.
Another witness, Glendon Oakly, told CNN he was in a sporting goods store in the nearby shopping mall when a child ran inside “telling us there’s an active shooter at Walmart”.
Mr Oakly said no-one took the child’s claim seriously but just minutes later he heard two gunshots.
“I just thought about getting the kids out of the way,” he said.
El Paso Police Department had earlier tweeted that blood donations were “needed urgently”.
Planting billions of trees across the world is by far the cheapest and most efficient way to tackle the climate crisis. So states a Guardian article, citing a new analysis published in the journal Science. The author explains:
As trees grow, they absorb and store the carbon dioxide emissions that are driving global heating. New research estimates that a worldwide planting programme could remove two-thirds of all the emissions that have been pumped into the atmosphere by human activities, a figure the scientists describe as “mind-blowing”.
For skeptics who reject the global warming thesis, reforestation also addresses the critical problems of mass species extinction and environmental pollution, which are well-documented. A 2012 study from the University of Michigan found that loss of biodiversity impacts ecosystems as much as does climate change and pollution. Forests shelter plant and animal life in their diverse forms, and trees remove air pollution by the interception of particulate matter on plant surfaces and the absorption of gaseous pollutants through the leaves.
The July analytical review in Science calculated how many additional trees could be planted globally without encroaching on crop land or urban areas. It found that there are 1.7 billion hectares (4.2 billion acres) of treeless land on which 1.2 trillion native tree saplings would naturally grow. Using the most efficient methods, 1 trillion trees could be restored for as little as $300 billion—less than 2% of the lower estimates for the Green New Deal introduced by progressive Democrats in February.
The Guardian quoted Professor Tom Crowther at the Swiss university ETH Zürich, who said, “What blows my mind is the scale. I thought restoration would be in the top 10, but it is overwhelmingly more powerful than all of the other climate change solutions proposed.” He said it was also by far the cheapest solution that has ever been proposed. The chief drawback of reforestation as a solution to the climate crisis, as The Guardian piece points out, is that trees grow slowly. The projected restoration could take 50 to 100 years to reach its full carbon sequestering potential.
A Faster, More Efficient Solution
Fortunately, as of December 2018, there is now a cheaper, faster and more efficient alternative—one that was suppressed for nearly a century but was legalized on a national scale when President Trump signed the Agriculture Improvement Act of 2018. This is the widespread cultivation of industrial hemp, the nonintoxicating form of cannabis grown for fiber, cloth, oil, food and other purposes. Hemp grows to 13 feet in 100 days, making it one of the fastest carbon dioxide-to-biomass conversion tools available. Industrial hemp has been proved to absorb more CO2 per hectare than any forest or commercial crop, making it the ideal carbon sink. It can be grown on a wide scale on nutrient-poor soils with very small amounts of water and no fertilizers.
TOP FINANCIER OF TRUMP AND MCCONNELL IS A DRIVING FORCE BEHIND AMAZON DEFORESTATION
Blackstone Group CEO Steve Schwarzman nterviewed on Fox Business Network, 27 Apr 2018. Photo: Richard Drew/AP
Map: Soohee Cho/The Intercept
Euractiv File photo. Brazilian President Jair Bolsonaro attends the BRICS (Brazil, Russia, India, China and South Africa) Leaders’ meeting on the sidelines of G20 summit in Osaka, Japan, 28 June 2019. [Kremlin pool/EPA/EFE]
Related: indigenous tribes of Amazon suited to preserve the forest as they are evolved in harmony.
Philip Steffon CC2.0