Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on June 14, 2018

Bookmark and Share

It’s a ‘Toxic World’

Enviroment

After hearing Grantham Mayo Van Otterloo co-founder Jeremy Grantham’s keynote on Tuesday at the 2018 Morningstar annual conference in Chicago, there is no doubt RIAs in the audience were persuaded to utilize sustainable investing methods. Grantham, who said 98% of his net worth was invested in or committed to environmental foundations, gave a sobering speech on where the world was at in its “decay,” and what was needed to change it. “We’ve created a toxic world,” he said.

Aside from highlighting the research on global warming, Grantham illustrated several dangers specifically to agriculture, including severe loss of top soil in the U.S. Midwest due to increased downpours that wash it away, as well as the problems caused by pesticides — rivers polluted with runoff and flying insects killed off, leaving crops with fewer pollinators.

“We only have 30 to 70 good agricultural producing years left” at the rate we are going, he said, adding that the world is losing 1% of collective soil and 1% of arable land a year.

Some other findings he cited:

  • Global population has tripled since 1938, but fertility rates are declining. Sperm count has dropped 50% in the developed world. “Two factors may be people are waiting longer to have kids, and all the toxicity in the world,” he said.
  • Since 1950, floods happen 15 times more often, wildfires seven times more often and extreme temperature events over 20 times often. Since 1996, droughts happen 10 times more often.
  • There has been a significant rise in certain diseases, including diabetes, asthma, autism and MS; in addition, several types of cancers have risen dramatically since 1953, including melanoma, breast and testicular cancer.

The good news is clean energy, specifically solar and wind, will be much cheaper in the next 10 years than even the operating costs of coal and nuclear power. Battery costs will drop as well, making electric cars cheaper to build, run and maintain. The problem, Grantham said, is carbon will continue to increase even as green measures are taken and fossil fuel use drops, and we can only afford a rise of 3 degrees celsius.

Grantham’s own GMO Climate Change Fund is made up of 34.58% clean energy stocks, 5.44% smart grid, 9.30% copper, 20.31% energy efficiency, 23.18% agriculture, 4.93% water and 2.25% cash. He destroyed the argument that portfolios that don’t include gas and oil stocks will have weaker performance as he showed three time periods and how portfolios fared when various sectors were eliminated, and ex oil and gas portfolios had less impact than many other sectors.

“The assumption has been if you divest of oil, returns will be hurt, but that’s not the truth,” he said.

think advisor



245 Comments on "It’s a ‘Toxic World’"

  1. Davy on Fri, 15th Jun 2018 11:21 am 

    Juan, quit being lame you just are making yourself look more ridiculous. If one reviews your comments since yesterday we can see your personality fall off a cliff. This happens about ever year with you. This is not the first time. Once your depression returns you will go silent for many months. You are predictable in that respect.

  2. JuanP on Fri, 15th Jun 2018 11:32 am 

    Davy “Juan, quit being lame you just are making yourself look more ridiculous”
    Project once more? What is really predictable is the fact that all you spout is delusional American exceptionalist bullshit day after day after day like a broken record, and that you are so frigging insane that you use sock puppets to keep you company. I just got back from swimming in the ocean for an hour while you have wasted your whole day so far bullying other people here. You are such a pathetic loser! LOL!

  3. GregT on Fri, 15th Jun 2018 2:21 pm 

    “I am having fun kicking ass and taking names with the extremist here.”

    You aren’t kicking anybody’s ass Davy, that would simply be more of your usual paranoid delusions, and you would be the one who sees everything in the world as either pro, or anti-American. Black or white. That would be extremism.

  4. Cloggie on Fri, 15th Jun 2018 3:23 pm 

    Trump during G7: “Crimea is Russian”

    http://www.dailymail.co.uk/news/article-5846847/Trump-told-G7-leaders-Crimea-Russia-speaks-Russian.html

    And our resident village idiot millimind keeps insisting that Trump is being held hostage by the neocons.lol

  5. MASTERMIND on Fri, 15th Jun 2018 6:47 pm 

    Madkat

    You are a sick and twisted person..You take pleasure in seeing Americans suffer..You are a hateful old senile mummy that nobody loves..

  6. Makati1 on Fri, 15th Jun 2018 6:48 pm 

    “MM doesn’t have an original though in his empty head. Just irrelevant quotes or peer reviewed bullshit. Oh, and Davy level putdowns.”

  7. Davy on Fri, 15th Jun 2018 6:52 pm 

    slippin & slidin?

    Graph of food self-sufficiency rates
    This is a list of major countries by food self-sufficiency rates on a calorie supply basis.[2]
    https://tinyurl.com/ycwfa2sg

    Ranking Country Rate (%)
    1 Australia
    2 United States
    3 France
    4 Germany
    5 Italy
    6 Switzerland
    7 South Korea
    8 Japan

  8. Davy on Fri, 15th Jun 2018 6:53 pm 

    3rd world your dentures are flappin again

  9. Makati1 on Fri, 15th Jun 2018 7:00 pm 

    -Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts.

  10. JuanP on Fri, 15th Jun 2018 7:14 pm 

    Davy “3rd world your dentures are flappin again”

    More infantile behavior from the board’s bully!

  11. JuanP on Fri, 15th Jun 2018 7:24 pm 

    Davy “Graph of food self-sufficiency rates
    This is a list of major countries by food self-sufficiency rates on a calorie supply basis.[2]”

    I took the trouble to follow Davy’s link and, of course, Davy was being shifty! LOL!
    https://en.m.wikipedia.org/wiki/List_of_countries_by_food_self-sufficiency_rate
    Please follow the link to see the UN Food and Agriculture table on top of the page where Argentina is ranked first in the world, URUGUAY is second, and the USA doesnot even figure in the top 10! LOL! If you scroll down you will find the list davy refers to is from some Japanese organization, the USA data is more than 10 years old, and for all I know that data probably includes animal feed calories, too! LOL!

    I couldn’t make this shit up if I tried! ROFLMFAO!

  12. JuanP on Fri, 15th Jun 2018 7:40 pm 

    That was, of course, more Davy delusional bullshit!
    I followed the source, it was a 12 page PDF from Japan. I read the whole document. Here it is.
    http://www.maff.go.jp/e/annual_report/2010/pdf/e_1.pdf

    This is what it says:
    “The food self-sufficiency ratio on a calorie supply basis is the ratio of domestic calorie supply to total calorie supply. For livestock products, imported feeds are taken into account”
    The data obviously includes animal feed like I suspected, but, well, Davy is talking after all about what Americans eat! LOL!
    If you want the best premium quality, organic food in the world go to Uruguay!

  13. Davy on Fri, 15th Jun 2018 7:43 pm 

    “Is Your Country Food Independent?”
    https://tinyurl.com/yatrx5xc

    “Determining food independence is complex. A country like the U.K. could grow strawberries domestically, but buys them mostly from Spain because they’re cheaper. That doesn’t mean the U.K. is reliant, just financially prudent. But for a country like Saudi Arabia, there’s less of a choice. The kingdom flush with oil but still in the middle of the desert imports 80 percent of its food—a number that rises every year. So self sufficiency comes down to whether a country could feed its people with its own production, not whether it actually is. By that measure, which is the one used by the U.N. Food and Agriculture Organization, very few countries qualify. The only country in Europe that’s self-sufficient is France. Other countries in the exclusive club of self sufficiency: Canada, Australia, Russia, India, Argentina, Burma, Thailand, the U.S. and a few small others. You can see how your country compares on this map.”

  14. JuanP on Fri, 15th Jun 2018 7:44 pm 

    In Uruguay we produce 233% of the food we eat so we have enough to share! If you like barbecue and you go down there, you will get a chance to try the best barbecue in the world, second to none! And that is no delusional American bullshit. Warning! After eating down there you will find it very hard to eat in the USA, even if you buy premium, organic, imported food like I do! Don’t say I didn’t warn you! LOL!

  15. Davy on Fri, 15th Jun 2018 7:47 pm 

    uruguay is a insignificant little place with a population the size of a city. Who cares juan. You are as bad as the nedernazi about your scaling. You guys have big egos that don’t scale to reality.

  16. Makati1 on Fri, 15th Jun 2018 7:49 pm 

    Again…Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts.

  17. MASTERMIND on Fri, 15th Jun 2018 7:51 pm 

    China is the most fucked country on earth when the oil shortage hits..Since they import the most oil..Goodbye Jina!

  18. GregT on Fri, 15th Jun 2018 7:54 pm 

    Both Cloggie, and JuanP are miles ahead of you in both humility and intelligence Davy.

  19. GregT on Fri, 15th Jun 2018 7:58 pm 

    “China is the most fucked country on earth when the oil shortage hits..Since they import the most oil..Goodbye Jina!”

    All China needs to do is stop manufacturing consumer crap for the west and focus solely on it’s own people.

    Goodbye western wholesale-retail.

  20. Davy on Fri, 15th Jun 2018 8:00 pm 

    grehggie, they are both card carrying nazi’s and you are a closet nazi. nuff said

  21. JuanP on Fri, 15th Jun 2018 8:01 pm 

    Finally, Davy at 7:43 pm posted a comment containing useful data and no delusional bullshit! It was the first in two days! LOL! It is true that the USA is food self sufficient, something that I never disputed, by the way! I don’t argue with facts, I accept them! But the USA doesn’t make even the top ten list in the source file.

  22. Davy on Fri, 15th Jun 2018 8:01 pm 

    “Goodbye western wholesale-retail.”

    more like goodbye landfill material and hello a better life

  23. Makati1 on Fri, 15th Jun 2018 8:06 pm 

    Totally correct, GregT. China does not need the Us. The Us needs China. Maybe Americans should read the labels on the stuff they buy? Most will read “Made in China”. Even many of the ones not so labeled have parts made in China.

    The tech industry in the Us would be dead in a few weeks without Chinese exports. Trump is going to learn a hard lesson if he gets out of hand. So will the American consumer.

  24. JuanP on Fri, 15th Jun 2018 8:06 pm 

    Davy “uruguay is a insignificant little place with a population the size of a city. Who cares juan. You are as bad as the nedernazi about your scaling. You guys have big egos that don’t scale to reality.”

    More abusive behavior from the board’s bully. Every single time he is confronted by the truth he loses control. My country, Uruguay, is undeniably small and insignificant, and nobody has pointed that out more on this forum than myself. I consider that an advantage. Would I want my country to be big, unequal, unjust, violent, abusive, criminal, and agressive like the USA? Would ANY SANE PERSON want that? Enough said!

  25. Makati1 on Fri, 15th Jun 2018 8:07 pm 

    LOL. Davy cannot resist posting his usual bullshit, third grade putdowns and other meaningless posts.

  26. MASTERMIND on Fri, 15th Jun 2018 8:08 pm 

    Listen to the fascist sing

    “Take hope here
    War is elsewhere
    You were chosen
    This is Gods land
    Soon we’ll be free
    Of blot and mixture
    Seeds planted by our Forefathers hand”

    A mass of promises
    Begin to rupture
    Like the pockets Of the new world kings
    Like swollen stomachs In Appalachia
    Like the priest that fucked you As he whispered holy things

    Ain’t it funny how the factory doors close
    Round the time that the school doors close
    Round the time that the doors of the jail cells

    Open up to greet you like the reaper
    Ain’t its funny how the factory doors close
    Round the time that the school doors close
    Round the time that a hundred thousand jail cells

    Open up to greet you like the reaper!

    -RATM

  27. Makati1 on Fri, 15th Jun 2018 8:09 pm 

    JuanP, I too am glad the Ps, like Uruguay, is NOT in the news often. Small is good in today’s world. Better to be forgotten than destroyed.

  28. JuanP on Fri, 15th Jun 2018 8:11 pm 

    Uruguay’s size, self sufficiency, location, and population are its biggest advantages, but I wouldn’t expect an ignorant, delusional American exceptionalist bully living in denial in a shithole like Missouri to possibly understand and accept that. HE SIMPLY CAN’T!

  29. Makati1 on Fri, 15th Jun 2018 8:11 pm 

    MM cannot find any references to support his extreme collapse dreams so he reverts to … music? LMAO

  30. Makati1 on Fri, 15th Jun 2018 8:14 pm 

    Perhaps Davy was an abused child? Or, kicked in the head when he was small? Or had too much bad moonshine? Or … maybe he is just plain stupid? He sure is one frustrated, delusional dude, LOL

  31. JuanP on Fri, 15th Jun 2018 8:15 pm 

    We have unleashed the Imaginary Neuron on the board! LOL! Now we have two delusional American exceptionalist assholes loose!

  32. MASTERMIND on Fri, 15th Jun 2018 8:19 pm 

    Madkat

    Are you insane? I am the king of references and I use only the best quality..Here are around 200.

    https://imgur.com/a/pYxKa

    Karl Marx and the Unabomber aint got shit on MM!

    You are the one who has no proof of just a US collapse..No reason to believe it.

  33. JuanP on Fri, 15th Jun 2018 8:20 pm 

    So far I have really enjoyed my first two days of fighting the board’s American bullies! I am looking forward to months, maybe years, of this! LOL! When Davy pulled his sock puppet, Hello, today and started talking to himself and pretending to be Swiss I was laughing so hard I had to take a brake because I ended with a sore throat! You can’t make this shit up! ROFLMFAO!

  34. MASTERMIND on Fri, 15th Jun 2018 8:20 pm 

    Madkat

    Financial catastrophe resulting from resource depletion and a debasement of value of fiat currencies. Then a 3-month window of tyranny and government lockdown on citizens, followed by a 3-month window of absolute carnage and death. Then, a period of about 12 months of slow die-off and that’s pretty much that. Oh, and starting sometime within the next 5 years or so..

    https://imgur.com/a/pYxKa
    https://imgur.com/a/rBtIrfg

  35. JuanP on Fri, 15th Jun 2018 8:22 pm 

    Mak “Perhaps Davy was an abused child? Or, kicked in the head when he was small? Or had too much bad moonshine? Or … maybe he is just plain stupid? He sure is one frustrated, delusional dude, LOL”

    All of the above and then some, I suspect, Mak! LOL!

  36. JuanP on Fri, 15th Jun 2018 8:35 pm 

    Slavemind, Several people have repeatedly pointed out that your links do not support your conclusions. Your reading comprehension skills are as bad as your writing skills. You are a semiliterate dumbfuck, a typical product of the extremely defficient American education system.
    The fact that you think that posting links that do not support your conclusions is equivalent to making a reasonable argument is irrefutable proof of your complete lack of critical thinking skills.

  37. Davy on Fri, 15th Jun 2018 9:36 pm 

    “JuanP, I too am glad the Ps, like Uruguay, is NOT in the news often. Small is good in today’s world. Better to be forgotten than destroyed.”

    Too bad for us you talk about the p’s constantly here. I wish it was not on this board so much.

  38. Makati1 on Fri, 15th Jun 2018 9:40 pm 

    “Are you insane? I am the king of references and I use only the best quality” Only in your mind, MM, not in reality.

  39. Makati1 on Fri, 15th Jun 2018 9:41 pm 

    Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts….

  40. Davy on Fri, 15th Jun 2018 9:41 pm 

    “Perhaps Davy was an abused child?”

    Come on 3rd world that is just your emotions getting the best of you. What is fact is your life is full of failures. You have deep emotional issues of hate and excessive self aggrandizement.

  41. Makati1 on Fri, 15th Jun 2018 9:43 pm 

    Once again…Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts.

  42. Davy on Fri, 15th Jun 2018 9:43 pm 

    “When Davy pulled his sock puppet, Hello, today and started talking to himself and pretending to be Swiss I was laughing so hard I had to take brake”

    You are making yourself look more stupid then you are juan. Hello is who he says he is and in that conversation he kicked your ass good. Your laughing should be of yourself.

  43. Makati1 on Fri, 15th Jun 2018 9:44 pm 

    And even again…Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts.

  44. MASTERMIND on Fri, 15th Jun 2018 9:46 pm 

    If Madkat were a carpenter, and Greg were a lady!

  45. Davy on Fri, 15th Jun 2018 9:46 pm 

    “Once again…Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts.”

    3rd world you remind me of a crazy guy beating his head against the wall, over and over. LMFAO.

  46. Makati1 on Fri, 15th Jun 2018 9:50 pm 

    Echos again… MM & Davy… The two site delusionists.

  47. GregT on Fri, 15th Jun 2018 9:52 pm 

    “3rd world you remind me of a crazy guy beating his head against the wall, over and over. LMFAO.”

    That would be you Davy, on a daily basic for 5 years now. As thick as a brick.

  48. MASTERMIND on Fri, 15th Jun 2018 9:52 pm 

    Juanp

    Your screams of denial sound like the squealing of a pig beginning delivered to the butchers shop. The volume of their protestations being directly proportional to the proximity of their inevitable fate..

Leave a Reply

Your email address will not be published. Required fields are marked *