bIOSphere 🌍

[bIOSphere 🌍 @b1osphere]

Check the latest Atmospheric Carbon Dioxide (CO2) data from the Mauna Loa Observatory, Hawaii https://t.co/GbOb4PE5tK

[bIOSphere 🌍 @b1osphere]

@markoinny The actual method was published nearly a year ago — Google is resurfacing prior research, it's not a genuinely new discovery. +Jevons Paradox: as a resource becomes more efficient & cheaper to use, total consumption of that resource actually increases.

[bIOSphere 🌍 @b1osphere]

Earth to breach 1.5C warming a decade early, scientists say.

EU’s Copernicus observation service sees temperatures passing Paris goal by 2030
https://t.co/d66u393gpW

[bIOSphere 🌍 @b1osphere]

The graph shows monthly mean CO2 (carbon dioxide) measured at Mauna Loa Observatory, in Hawaii.
New month, new record. May 2025: 430.51 ppm (parts per million)
https://t.co/GbOb4PE5tK

[bIOSphere 🌍 @b1osphere]

@NickTimiraos All CBs have only one mandate. It can be explicit, as it's the case w/ the ECB, or not. But a CBs job is to not have inflation. Period. The "jobs thing" in the Fed's case is a mascarade, it's there bc this fight can be unpopular, and it's not a democratically elected institution.

[bIOSphere 🌍 @b1osphere]

@NickTimiraos You have to slash the dragon's head. At all cost. That's what a good central banker does. And he should have foreseen early, very early, that the real battle would be from 3,5% to 2%. All this backslapping for "bringing" it to a 3 handle... shame.

[bIOSphere 🌍 @b1osphere]

@volemL9 Sabeu on s'ubicarà exactament l'estació de Campus Nord? Serà al carrer Keynes amb Jordi Girona o potser més a dalt a la cantonada de Keynes amb Ignasi Solà-Morales? O a cap d'aquests dos emplaçaments? Gràcies!!

[bIOSphere 🌍 @b1osphere]

@NickTimiraos The Fed has failed at preventing a buoyant stock market in 2023. Me, in January: "Higher rates for sure & for longer too. 3,5% inflation by summer. I don't know about recession coming in 23, but NO WAY the Fed will get to 2% without the stock market collaborating".

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@jmackin2 Why? Isn't this information VERY valuable for all countries conforming the EU Single Market? Why should any country in the EU wait for the BoE to inform it on the risks of leaving?

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@jmackin2 @NickTimiraos There's a N. Amer. definition of far-sighted: "unable to see things clearly, especially if they are relatively close to the eyes". CC being such a huge peril in front of us, that'd clearly apply to the Fed. I'll stick to the 🇬🇧 one: able to predict what will happen in the future.

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@jmackin2 @NickTimiraos than🤦🏻‍♂️

[bIOSphere 🌍 @b1osphere]

@jmackin2 @NickTimiraos The Fed is much more accountable to Congress than the ECB is to any euro area institution. The ECB's ADN is less political then the Fed's, and it's mandate, superior. AND it's vision on climate change as a major inflationary force, far-sighted.
https://t.co/Xww1n5k14G

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@jmackin2 @NickTimiraos Lastly, it was the Bank of England, the oldest institution of them all, under Mark Carney, who was the pioneer in incorporating climate change into the debate. Kudos for the Old Lady 😉

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@jmackin2 @NickTimiraos At the end of the day, @NickTimiraos put it best: "The main difference between Europe and the U.S. is that there's a clear political consensus in the former that the government should take broad action to address climate. There isn't such a political consensus in the U.S." End.

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@jmackin2 @NickTimiraos Oh come on. They ECB issues the euro. "The ECB is responsible for conducting monetary policy for the euro area", it manages the euro and it's single mandate is "price stability".

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@jmackin2 @NickTimiraos Plus, the Fed's printing all the new $ to fund the trillion dollar spending bills on climate. So, in a way, the Fed is a major helping hand in fighting climate change, which, in itself, will be inflationary and will have repercussions on growth. That's why it's in the ECB agenda.

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@jmackin2 @NickTimiraos 1) ECB has a single mandate, price stability. Fed has a dual mandate, incl. growth (jobs), which makes it more political. 2) ECB couldn't care less about survival of govts, indeed it's all about the survival of the euro, just as Fed is concerned about dollar status in the world.

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@jmackin2 @WSJ Sorry to hear that!! I wish you a speedy recovery then. Best wishes!

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@jmackin2 Yes - the cause of lack of investment in E&P has been the fear of ending up w/ stranded assets. That's a certainty. Throwing billions into assets that may never be allowed to burn does not attract investors. At its root, ESG comes from the pressure of govt and consumers.