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. GregT on Fri, 15th Jun 2018 9:53 pm 

    Basis

  2. MASTERMIND on Fri, 15th Jun 2018 9:54 pm 

    Juanp

    I emailed Professor Douglas B Reynolds PhD, Oil and Energy Economics, University of Alaska.
    http://uaf.edu/files/som/REYNOLDS-Doug-2016-CV.pdf

    And I asked him if our upcoming oil shortage will cause a global economic collapse?
    https://imgur.com/a/rBtIrfg

    He replied;

    “Yes, it will be like that, but may be worse with other extenuating circumstances such as war or the decline of international trade. Hyperinflation as happened in the Soviet and Post Soviet economy is a certainty.”

    https://imgur.com/a/rktmHdt

    Enough with the gas-lighting you ignorant clown.

  3. JuanP on Fri, 15th Jun 2018 9:57 pm 

    Davy “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.”

    Yes, of course, Davy! You are right and I am wrong. I am the delusional one here, not you! ROFLMFAO!

  4. Makati1 on Fri, 15th Jun 2018 9:57 pm 

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

    Davy has not realized that I am going to keep posting that comment over and over and over. I told him so when I posted it the first time. He is so deserving. LOL

  5. Davy on Fri, 15th Jun 2018 9:59 pm 

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

    grehggie, you guys wish that but the reality is you are upset over being neutered for years now. You cannot say the things you would like to say without being moderated. Your extremist agendas fall flat. You are not smart enough to drive the debate so what do you do, stalk and prick to give the illusion you are in control. The reality is this poor behavior just shows you don’t have much to say. Juan just acts like a bat shit crazy guy and 3rd world, well, he is just senile.

  6. Makati1 on Fri, 15th Jun 2018 9:59 pm 

    “Davy chimes in with his usual bullshit, third grade putdowns and other meaningless posts.” I can do this forever. ^_^

  7. GregT on Fri, 15th Jun 2018 9:59 pm 

    Do you have nothing better to do with your life MM?

    When I was your age I was hardly ever at home. Always on the go.

  8. GregT on Fri, 15th Jun 2018 10:05 pm 

    “As thick as a brick.”

    Sorry, I take that back. Bricks don’t come even remotely close to being as thick as you are Davy.

  9. JuanP on Fri, 15th Jun 2018 10:05 pm 

    MM , The fact that you are A functionally illiterate dumbfuck with no reading comprehension or critical thinking skills has been proven repeatedly on this forum. Greg actually took the time to follow your links and provide quotes from them that directly contradict your conclusions. If they had been my links and conclusions I would have read Greg’s comment, studied the quotes, reread the articles, changed my conclusions, and thanked Greg for correcting my errors. That is what intelligent, open minded people who want to learn the truth do. You, on the other hand, insulted Greg, reposted the same links and conclusions, and refused to learn and grow. That is the difference between us. I am a thinking human being while you are a brainless parrot.

  10. JuanP on Fri, 15th Jun 2018 10:08 pm 

    Davy “grehggie, you guys wish that but the reality is you are upset over being neutered for years now. You cannot say the things you would like to say without being moderated. Your extremist agendas fall flat. You are not smart enough to drive the debate so what do you do, stalk and prick to give the illusion you are in control. The reality is this poor behavior just shows you don’t have much to say. Juan just acts like a bat shit crazy guy and 3rd world, well, he is just senile.”

    More delusional bullshit from the board’s bully. Even broken records skip and move on eventually, but not Davy. He is the definition of insanity! LOL!

  11. Makati1 on Fri, 15th Jun 2018 10:08 pm 

    Juan, I am beginning to believe that MM never went to college. Maybe never finished high school. He has not proved in one post that he has down either. Certainly not in any intelligent way. Mom’s basement dweller is more likely the truth.

  12. Makati1 on Fri, 15th Jun 2018 10:09 pm 

    …that he has DONE either… Damn spell check!

  13. Makati1 on Fri, 15th Jun 2018 10:12 pm 

    Davy just keeps proving my multiple posted comment. Delusionally insane.

  14. JuanP on Fri, 15th Jun 2018 10:13 pm 

    Of all the incredibly stupid things that you write, Davy, your claims that you neuter or moderate anything are by far the stupidest ones. All you do with such comments is prove what a pathetic, cowardly, abusive, delusional bully you are. None of the smart board members respect you and the reason why is that you’ve lost our respect because of your insane behavior. And you’ve been getting worse with time, pussy; you are obviously losing it.

  15. GregT on Fri, 15th Jun 2018 10:15 pm 

    It doesn’t come as any surprise that many here believe that Davy is just another one of MM’s sock puppets.

    Same delusional bullshit, immaturity, thick skull, and complete lack of intelligence.

  16. JuanP on Fri, 15th Jun 2018 10:17 pm 

    I don’t know if Davy and MM are the same lunatic or not, but they are definitely two of a kind! LOL! 😉

  17. Davy on Fri, 15th Jun 2018 10:20 pm 

    Juan, you don’t have to reproduce the whole conversation in your comment, stupid. We know what you are talking about. Keep the board clean why don’t you

  18. Davy on Fri, 15th Jun 2018 10:22 pm 

    “Juan, I am beginning to believe that MM never went to college.”

    We know neither of you did and it shows in many of your comments besides the emotional elements that ruin the comment’s objectivity.

  19. JuanP on Fri, 15th Jun 2018 10:23 pm 

    Mak, Maybe MM went to college in the USA. I have met some American college graduates like him. All it takes to graduate from college is to seat your butt in a chair for a few years and put up with a lot of brainwashing. A significant percentage of college students have below average intelligence, probably almost half. You know what they say: YOU CAN’T FIX STUPID!

  20. GregT on Fri, 15th Jun 2018 10:23 pm 

    “We know what you are talking about.”

    We. LOL

    Likely schizophrenic as well as all of his other psychological problems.

  21. Davy on Fri, 15th Jun 2018 10:25 pm 

    “Of all the incredibly stupid things that you write, Davy, your claims that you neuter or moderate anything are by far the stupidest ones.”

    Translation: Davy, you are effectively rubbing the truth in our face and that is why all 3 of us keep trying to discredit this activity. The reason we always bring it up is it is working. LMFAO at the guy telling on himself.

  22. GregT on Fri, 15th Jun 2018 10:25 pm 

    “We know neither of you did and it shows in many of your comments besides the emotional elements that ruin the comment’s objectivity.”

    We? You really are one severely fucked up dude Davy.

  23. Davy on Fri, 15th Jun 2018 10:27 pm 

    grehgie, you are really stuck on the stupid “we” thingy. This is a constant thing. You are obviously having problems finding something to say which is par for the course with you.

  24. GregT on Fri, 15th Jun 2018 10:27 pm 

    After 5 years of your delusional bullshit Davy, you still can’t figure out that you aren’t moderating an unmoderated forum?

    What a nutcase.

  25. JuanP on Fri, 15th Jun 2018 10:28 pm 

    Davy “Juan, you don’t have to reproduce the whole conversation in your comment, stupid. We know what you are talking about. Keep the board clean why don’t you”

    More erratic, abusive behavior from the board’s bully. We are obviously making him angry! LOL! Keep the board clean? That is fresh coming from you, exceptionalist! You are the board’s sweaty, smelly, hairy, arsehole! LOL! Don’t you realize how incredibly stupid you sound? This board has never been clean since you came here, exceptionalist, because you have a disgustingly dirty mind!

  26. Davy on Fri, 15th Jun 2018 10:28 pm 

    OOPs, I start detecting anger in greggie when he say fuck. His blood preasure gets up and then the fucks start flying. lol

  27. GregT on Fri, 15th Jun 2018 10:29 pm 

    In the English language Davy, the word we means yourself and somebody else. Your other multiple personalities don’t count.

  28. Davy on Fri, 15th Jun 2018 10:29 pm 

    besides you and juan show how juvenile you are with the fucks. For god’s sake grow up please.

  29. JuanP on Fri, 15th Jun 2018 10:31 pm 

    Davy “Translation: Davy, you are effectively rubbing the truth in our face and that is why all 3 of us keep trying to discredit this activity. The reason we always bring it up is it is working. LMFAO at the guy telling on himself.”

    One could write a paper on this lunatic’s behavior! He defines insanity! LOL!

  30. Davy on Fri, 15th Jun 2018 10:31 pm 

    I can also tell when I am beating him down when he starts playing the amature psychologist. The next things will be the meds and the “get help”. this night has been so much fun. love it!

  31. Davy on Fri, 15th Jun 2018 10:33 pm 

    “One could write a paper on this lunatic’s behavior! He defines insanity! LOL!”

    translation: Bullseye! lol

  32. JuanP on Fri, 15th Jun 2018 10:33 pm 

    Davy “besides you and juan show how juvenile you are with the fucks.”

    Listen to the preK bully speaking!

  33. GregT on Fri, 15th Jun 2018 10:33 pm 

    I didn’t say fuck, I said that you are one severely fucked up dude Davy.

  34. MASTERMIND on Fri, 15th Jun 2018 10:34 pm 

    The last law of nature says: that any creature that despoils and outbreeds its natural habitat will be culled to bring its numbers under control and restore a stable environment.

    http://worldpopulationhistory.org/carrying-capacity/

  35. GregT on Fri, 15th Jun 2018 10:35 pm 

    “One could write a paper on this lunatic’s behavior! He defines insanity! LOL!”

    translation: Bullseye! lol

    Completely agree. Bullseye Juan.

  36. MASTERMIND on Fri, 15th Jun 2018 10:35 pm 

    At this point violent redistribution of wealth is our only option..

    Seize the fucking means!

  37. JuanP on Fri, 15th Jun 2018 10:35 pm 

    Davy “I can also tell when I am beating him down when he starts playing the amature psychologist. The next things will be the meds and the “get help”. this night has been so much fun. love it!”

    Amature? Go back to school or take some remedial literacy classes, exceptionalist. You can’t even write in your own language, loser! LOL!

  38. Davy on Fri, 15th Jun 2018 10:38 pm 

    ‘I didn’t say fuck, I said that you are one severely fucked up dude Davy.”

    juvenile and I still say juvenile. grow up

  39. JuanP on Fri, 15th Jun 2018 10:40 pm 

    What the fuck? I like saying fuck and there is nothing wrong with it; there is a place for swearing. Now, I don’t say fuck when talking to normal people, but I like fucking with fuckers like the exceptionalist motherfucker! When you are communicating with a fucking motherfucker like the fucking loser we are fucking talking to saying fuck you, fucker, is the best fucking way to fucking go! LOL!

  40. Davy on Fri, 15th Jun 2018 10:41 pm 

    I love taking both of you on at the same time. You guys love attacking in packs. LOL. It is fun to see you guys play grab ass and compliment each other. Dumb telling stupid he is bright. again a LOL

  41. GregT on Fri, 15th Jun 2018 10:41 pm 

    You’ve been screwing with everyone here for five years now Davy, and you have the audacity to tell others to grow up?

    What a complete lunatic.

  42. MASTERMIND on Fri, 15th Jun 2018 10:42 pm 

    It’s called “Generation Z” because there won’t be another one.

  43. Davy on Fri, 15th Jun 2018 10:43 pm 

    “What the fuck? I like saying fuck and there is nothing wrong with it;”

    That’s because you are a stupid south american spoiled brat and that shows your education level. With grehgie it is just a stupid Canadian thingy. Canadian think they are tough because they say fuck all the time.

  44. JuanP on Fri, 15th Jun 2018 10:46 pm 

    I hope you are having fun, exceptionalist, because you are looking forward to at least 90 more days of this, and potentially years! LOL! I really am enjoying this! I love putting down bullies; it is extremely rewarding to fight evil!

  45. GregT on Fri, 15th Jun 2018 10:46 pm 

    I first learned the word fuck from American television Davy, and Juan is light years ahead of you in the intelligence department.

  46. MASTERMIND on Fri, 15th Jun 2018 10:46 pm 

    Stephen Hawking has taken his place among Britain’s greatest scientists: His ashes were buried today in Westminster Abbey between the graves of Charles Darwin and Isaac Newton.

    http://www.latimes.com/world/europe/la-fg-hawking-20180615-story.html

  47. Davy on Fri, 15th Jun 2018 10:47 pm 

    grehgie the fucks are the least of the growing up you need. Stop stalking and pricking people. Stop bragging how wonderful you are. Things like this are things grown ups move on from but you are still stuck in the juvenile phase likely because your life is really a failure so you are compensating for it.

  48. Makati1 on Fri, 15th Jun 2018 10:47 pm 

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

    I say again…

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

  49. JuanP on Fri, 15th Jun 2018 10:48 pm 

    Davy “That’s because you are a stupid south american spoiled brat and that shows your education level. With grehgie it is just a stupid Canadian thingy. Canadian think they are tough because they … Blah, blah, blah!

    Says the board’s insane, delusional American stinky arsehole! LOL!

  50. Davy on Fri, 15th Jun 2018 10:49 pm 

    grehgie, that is like the pitcher telling the catcher that was a great catch. Of course you brown nosers are going to complement and support each other. You need that because you don’t have self confidence. You have to have friends to back you up and give you support.

Leave a Reply

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