Coral Gables Citizen’s PAC to Meet

For those interested in attending Monday’s meeting at 6pm you will find the information on the website.  There will be discussion on the upcoming elections in Coral Gables.

On a US Lost Decade: Yes, Just like Latin America’s Lost Decade

If this is true (or even half-true) then Coral Gables (South Florida and Florida) are in for a sustained period of stagnate property values and economic activity that neither the city commission nor the city manager seem ready to face.  Seemingly, only the voters can fix this problem.

…the Obama economic plan was a move in the right direction, but too small to generate a visible improvement given the scale of the economic crisis.

Wolf concludes bleakly:

With a political stalemate expected, further action will now be blocked. A lost decade seems quite likely. That would be a calamity for the US – and the world.

via Martin Wolf On Obama – NYTimes.com.

Global Warming Projection Worse than Thought: MIT

Important and reputable estimates of green house gas-induced warming have substantially increased to more than 10 times the increase in the last century and way above the rates of 1 degree C that has been the reference for all of the climate change discussions.

To repeat, on our current emissions path, we have a 9% chance of an incomprehensibly catastrophic warming of 7°C by century’s end, but less than a 1% chance of under 3°C warming.

“The take home message from the new greenhouse gamble wheels is that if we do little or nothing about lowering greenhouse gas emissions that the dangers are much greater than we thought three or four years ago,” said Ronald G. Prinn, professor of atmospheric chemistry at MIT. “It is making the impetus for serious policy much more urgent than we previously thought.”

The time to act is now.

via M.I.T. doubles its 2095 warming projection to 10°F — with 866 ppm and Arctic warming of 20°F « Climate Progress.