What We Read Today 12 November 2014

November 12th, 2014
in econ_news, syndication

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

  • U.S., China Unveil Ambitious Climate Change Goals (Josh Lederman, Associated Press, Huffington Post) President Obama has increased his carbon cutting target to a reduction of 26% to 28% from 2005 levels by 2025. (Good luck getting Republican support for that! See below.) President Xi Jinping set a target for China's carbon emissions to peak by 2030 or earlier and pledged to increase non-fossil fuel share of energy (starting when?).

Follow up:

Incoming Senate Majority Leader Mitch McConnell:

"This unrealistic plan, that the president would dump on his successor, would ensure higher utility rates and far fewer jobs."
  • China and US in deal to curb emissions (Pilita Clark and Richard McGregor, Financial Times) The FT says this "unexpected joint announcement" sets aside "nearly 20 years of discord over how to combat climate change". Obama and Jinping are trying "to galvanise efforts to seal a global climate pact at the end of next year in Paris". Observers criticized the announcement for not being aggressive enough. See Econintersect assessment of U.S. target in next article discussion.
  • Total Carbon Dioxide Emissions from the Consumption of Energy (Million Metric Tons) (U.S. Energy Information Administration) The U.S. reduced total carbon dioxide emissions from 2005 to 2012 by 12% (5.999 billion metric tons down to 5.270 metric tons). (Note: More than half of that reduction came in 2010, 2011 and 2012.) The decline from 2005 to 2012 was what would have occurred if there had been a 1.6% reduction per year. To get to a 28% reduction by 2025 will require an additional reduction of 961 million metric tons above the 719 million already realized. That would take the equivalent of 1.3% every year. Memo to McConnell: What is wrong with that as a target? Oh, will it reduce the number of black lung cases in Kentucky and cost you votes in 2020?
  • Obama administration dramatically lowers insurance sign-up projections (Naom N. Levey, McClatchy-Tribune, Personal Liberty) The Obama administration is now projecting that between 1.5 and 2.5 million additional people will be covered by Obamacare policies in 2015. Their new estimate is that after the 2015 enrollment is completed between 9 and 9.9 million will be covered. This is much below the estimate of 13 million by the CBO (Congressional Budget Office). These numbers do not include the expanded Medicaid coverage which was also authorized by the ACA (Affordable Healthcare Act). See also 5 reasons to shrug off the 2015 HHS exchange plan forecast (Allison Bell, LifeHealthPro). More Obamacare discussion 'behind the wall'.
  • Recent articles about Scotland and Catalonia Independence and Similar Movements

Where next for Catalonia after its unofficial referendum? (The Conversation)

  • Articles about conflicts and disease around the world


Doctor, Cured of Ebola, Released With Cheers, Hugs (NBC News) Video

Bats’ Link to Ebola Finally Solved (The Daily Beast)

Ebola: Duncan's family reaches 'resolution' with hospital (USA Today)


Syria’s chemical weapons have become a smokescreen amid wider bloody conflict (The Conversation)


Iraq claims key victory over ISIS (CBS News)


Russia-Iran nuclear reactor deal raises eyebrows (Financial Times)


Thousands of Putin’s Troops Now in Ukraine, Analysts Say (The Daily Beast)

Ukraine Says Rebels Calls Draft Amid New Conflict Concern (Bloomberg)

Jews reject Russia claims of Ukraine anti-Semitism (BBC News)


Russia rejects Tony Abbott's call for apology and compensation for MH17 (The Sydney Morning Herald)

Russia sends warships towards Australia before G20 meeting (The Sydney Morning Herald)

There are 12 articles discussed today 'behind the wall'.

Do not miss "Other Economics and Business Items of Note", the final section every day.

Please support all that we do at Global Economic Intersection with a subscription to our premium content 'behind the wall'.

There are between 75 and 100 articles reviewed most weeks. That is in addition to the 140-160 articles of free content we provide.

You get a full year for only $25.

The rest of the post is for our premium content subscribers - Click here to continue reading. If you have forgotten your login or password - send an email to info at econintersect.com.


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved