Disaster natural resources capitalism at work
Posted by Badlands Journa... on Thursday, 17 December 202012-13-20
The new derivatives market in California water: disaster natural resources capitalism at work
Bill Hatch
1.136 words
Badlands Journal
Social, Economic, and Environmental Justice
12-13-20
The new derivatives market in California water: disaster natural resources capitalism at work
Bill Hatch
1.136 words
Just what the San Joaquin Valley needed: a derivative market in water.
Now, magic thinking has completely taken over, but it remains to be seen how much water can be created out of dust by the Invisible Middle Finger of the Free Market.
Can derivatives on farm labor be far behind?--wmh
12-6/7-20
Bloomberg.com
California Water Futures Begin Trading Amid Fear of Scarcity
Futures on California water index launched by CME Group
MERCED (BLJ) -- As predicted, the virus is getting out of control here in Merced, there in California, and everywhere in the nation.
Locally, Merced County Public Health Department reports 11.2 positivity rate in the seven-day average, and 191 deaths (increase of five in a day). Merced County population is 275,000 and population density is 143 people per square mile.
By contrast, the City and County of San Francisco has 164 deaths, It's population is 881,500 and its population density is 17,160 people per square mile.
--blj
Merced County Public Health Department reported 9.8 rate of infection; 185 dead, addition of 2 since yesterday).
12-2-20
Sacramento Bee
Coronavirus updates: 20,000 cases set California record; ICU capacity at all-time low Michael McGough, Tony Biziak
MERCED (BLJ) – Lamentable news in Merced County. The positivity rate of infection has risen to 8 percent over seven day’s average. Two weeks ago it was less than 7 percent. The number of deaths is now 179.
California has a 6.1-percent infection rate over seven days; 19,076 people have died of virus-related illness (51 new).
The death count in the United states has reached 268,487 (1,521 new).
The global death count is 1,442,921 (10,874 new).
Trump defeated Biden in Louisiana 1.255,776 to 856,034. Biden didn't owe the Democratic Party of Louisiana anything. So, who did he owe and for what to commit this act of Democratic Party doubtetalk? How much money did the campaign take from the oil and chemical industry?
Biden had pledged not to accept donations exceeding $200 from the fossil fuel industry, but has taken $895,151 from individuals and PACs associated with the oil and gas industry, according to CRP data—Liz Hampton, Reuters, October 16, 2020
Merced City Councilman Fernando Echevarria, censured by the City Council for making false accusations against the mayor and for demonstrating a choke hold at a Black Lives Matter rally about the death of George Floyd, is up to his stupid tricks again. During a discussion of increasing the per diem paid to council members, Echevarria was urged to claim that former Council Member Mary Michael Rawlings was forced to quit her position because she couldn't afford to pay a babysitter.
MERCED (BLJ) -- Merced County lost two more patients today for a total of 166 deaths from the virus.
The number of California fatalities from the virus reached 18,160 today, an increase of 45.
The United States death count is 247,083, an increase of 2,662..
The global total stands at 1,297,746, an increase of 9,780.
I've noticed in the last week the telltale, subtle signs of drought, a staleness in the air, clouds that don't produce rain, a warm, sick sunlight, stinking dust. But,, isn't that nearly a permanent condition in the Central Valley these days? When was the last really good rain year? I'm sure that sometime during the last 22 years I witnessed one but I can't remember it. Mostly I remember stale air, no cooling breezes, no rain, an unhealthy and very unbalanced climate. -- wmh
11-2-20
Bay Nature
MERCED (BLJ) – One hundred and fifty-six people have died of the corona virus in Merced County since the pandemic began.
California has lost 17,627 people to date, 56 yesterday.
In the United States, 233,187 people have died of coronavirus, 993 yesterday (getting very close to the unfortunate figure of 1,000 per day).
The global count was 1.187,014 deaths, 5,963 yesterday.