Smart Links 16 June 2012
Commentary on the end of the Arctic, the BP energy bible, US fiscal cliff, avoiding a bad European marriage, Europe’s liquidity problem, what prices are rising in the US, and Justin.
The melting away of the Arctic. Thanks to Charley of Toronto.
Economist -- The vanishing north
There are benefits in the melting of the Arctic, but the risks are much greater.
Quote worth noting.
“[S]ince the 1970s the sea ice has retreated by around 12% each decade. Last year the summer minimum was 4.33m square km (1.67m square miles)—almost half the average for the 1960s.”
The 61st BP's annual Statistical Energy Review. The energy bible.
Pdf below -- BP Statistical Review of World Energy 2012
A potential 5% hit to the US economy from baked in fiscal restraint plus uncertainty.
Beware prophets of monetary union. (ed’s note – Canada dodged the Sherry Cooper bullet…)
New York Times – This Separate Isle
THE United Kingdom turned out to be a good European by not joining the euro zone.
A very technical presentation of the liquidity problem facing Europe and the risks it poses. Thanks to Andrew of Singapore.
Pdf below – Is the Euro Crisis Over?
The Trudeau question.
Winnipeg Free Press -- Waiting for Trudeau: Liberal leadership drama revolves around his indecision
The federal Liberal leadership drama has gone from What About Bob? to Waiting for Trudeau.
|BP Statistical Review of World Energy 2012.pdf||8.41 MB|
|Is The Euro Crisis Over.pdf||359.92 KB|
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