"Last week, over a pre-Christmas dinner,
Arianna Huffington and Rob Johnson,
along with political strategist Alexis McGill, filmmaker/author Eugene Jarecki, and Nick Penniman of the HuffPost Investigative Fund, began talking about the huge, growing chasm between the fortunes of Wall Street banks and Main Street banks, and started discussing what concrete steps individuals could take to help create a better financial system. Before long, the conversation turned practical, and with some help from friends in the world of bank analysis, a video and website were produced devoted to a simple idea:
Move Your Money
Eugene Jarecki's short video based on the story in the classic Frank Capra film
It's a Wonderful Life,
where community banker George Bailey helps the people of Bedford Falls escape the grip of the rapacious and predatory banker Mr. Potter:
For the the
World Watch Institute
, two environmental scientists of the World Bank have rechecked the numbers of that 2006 UN report, which you might remember me mentioning
not to long ago
That report of the UN's Food and Agriculture Organisation said that global meat production is causing over 18% of men made green house gas emissions, more than the entire CO2 emissions of all forms of transportation combined.
The UN FAO report counted 7'516 million tons of CO2 equivalents. The report did not count 8'769 million tons of CO2 equivalents caused by the respiration of the livestock. Nor did the report account for the at least 2'672 million tons of CO2 equivalents that would be absorbed by the improved CO2 balance of reduced land usage for food production, allowing forests to regenerate, absorbing more CO2.
The report also undercounted methane gas emissions by an additional 5'047 million tons of CO2 equivalents. That's because the report counted the global warming potential of the methane emissions using a 100-year timeframe, while methane, with its 90% lower half-life in the atmosphere than CO2, should more accurately be counted using a 20-year timeframe.
Also, the UN's "Livestocks Long Shadow" report used partially outdated and undercounting numbers. For example, it uses citations dating back to such years as 1964, 1982, 1993, 1999, and 2001, where emissions today would be much higher. While the report based its calculations on 33.0 million tons of poultry production in 2002, even the UN FAOs own Food Outlook of April 2003 reports that 72.9 million tons of poultry were produced worldwide in 2002.Taking several additional categories of overlooked, undercounted and misallocated emissions into account, would add at the very least another 8'560 million tons of CO2 equivalents.
Even if we would switch the entire planet completely to renewable energies, suppress all industrial CO2 emissions worldwide and ban all cars, truck, airplanes and boats, new and old, everywhere, the effect for the climate would be smaller than switching to a vegan diet.
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