Carson Block, Chief Investment Officer, Muddy Waters Capital LLC, joins Bloomberg Markets AM with Pimm Fox and Lisa Abramowicz to discuss China’s impact on US capital markets. Running time 06:33. Here is a direct audio link.
I recommended the Netflix documentary The China Hustle here in April.
Our individual consumption choices drive all the health or harm in the world, especially in what we chose to eat “far bigger than cutting down on your flights or buying an electric car”.
A new study published in the journal Science, compiled a dataset of almost 40,000 farms in 119 countries and covering 40 food products that represent 90% of all that is eaten. It assessed the full impact of these foods, from farm to fork, on land use, climate change emissions, freshwater use, water pollution (eutrophication) and air pollution (acidification).
Just one standout finding: livestock takes up 83% of global farmland, while providing just 18% of calories consumed. See Avoiding meat and dairy is ‘single biggest way ‘to reduce your impact on earth:
Avoiding meat and dairy products is the single biggest way to reduce your environmental impact on the planet, according to the scientists behind the most comprehensive analysis to date of the damage farming does to the planet.
The new research shows that without meat and dairy consumption, global farmland use could be reduced by more than 75% – an area equivalent to the US, China, European Union and Australia combined – and still feed the world. Loss of wild areas to agriculture is the leading cause of the current mass extinction of wildlife.
The new analysis shows that while meat and dairy provide just 18% of calories and 37% of protein, it uses the vast majority – 83% – of farmland and produces 60% of agriculture’s greenhouse gas emissions. Other recent research shows 86% of all land mammals are now livestock or humans. The scientists also found that even the very lowest impact meat and dairy products still cause much more environmental harm than the least sustainable vegetable and cereal growing.
While haters hate…Tesla getting it done. See: Tesla has installed a truly huge amount of energy storage:
Tesla, it’s been said, is less a car company than a battery company that sells cars. Today, the company is announcing a new milestone: Since 2015, it has installed a worldwide total of a gigawatt-hour of energy storage–technology that is critical for using renewable energy at scale. For comparison, that’s nearly half of the entire amount of energy storage installed globally last year. As the company’s electric car business quickly grows, the energy side of its business is growing even faster.
During the day, electric vehicles can charge on sunlight and the excess solar power is stored in Tesla’s battery packs, which is also connected to the grid, if there aren’t enough EVs charging.
After the sun goes down, the Powerpack can feed the solar power back to the charging station.
;
