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This working group is focused on sustainable economics and financial balance within resilient social ecologies.

The mission of this working group is to build sustainable economy and financial balance within resilient social ecologies.

Members

Corey Watts david hastings Elhadj Drame John Girard Kathy Gilbeaux LintonWells
Maeryn Obley mdmcdonald Samuel Bendett

Email address for group

economics@m.resiliencesystem.org

New Jersey's Handling of Superstorm Sandy Funds Questioned

      

New Jersey Gov. Chris Christie takes questions at a town hall meeting last week in Toms River, N.J. “I never promised you, nor would I, that this was going to be mistake-free,” he said of delivering aid after Superstorm Sandy. (Mel Evans / Associated Press / March 4, 2014)

With many homeowners still waiting for help, officials including Gov. Chris Christie – already battered by the George Washington Bridge scandal – have been accused of incompetence or even favoritism in delivering federal recovery money.

latimes.com - by Joseph Tanfani - March 12, 2014

POMONA, N.J. — His state wrecked and reeling from Superstorm Sandy, Chris Christie made himself the face of New Jersey's comeback effort with a take-charge tour de force that became a cornerstone of an expected run for president.

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Wind of change sweeps through energy policy in the Caribbean

A fruit juice cafe in Road Town, Tortola, in the British Virgin Islands. Many Caribbean islands are turning to sustainable energy. Photographs: Jenny Bates

Image: A fruit juice cafe in Road Town, Tortola, in the British Virgin Islands. Many Caribbean islands are turning to sustainable energy. Photographs: Jenny Bates

theguardian.com - John Vidal - February 10th, 2014

Aruba in the southern Caribbean has 107,000 people, a lot of wind and sun and, until very recently, one very big problem. Despite the trade winds and sunshine, it was spending more than 16% of its economy on importing 6,500 barrels of diesel fuel a day to generate electricity. People were furious at the tripling of energy prices in 10 years and the resulting spiralling costs of imported water and food.

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Detroit Files Historic Bankruptcy Blueprint

      

Detroit laid out its blueprint Friday for how it will emerge from the largest municipal bankruptcy ever. 
Joshua Lott / Reuters

nbcnews.com - by Patrick J. Rizzo - February 21, 2014

Detroit revealed its historic plan to emerge from under $18 billion in debt Friday, laying the groundwork for what’s expected to be a long, bitter battle with creditors, retirees and bondholders over the biggest municipal bankruptcy ever.

The 120-page 'plan of adjustment' could change radically as negotiations with more than 100,000 creditors move forward. It must still be approved by U.S. Bankruptcy Judge Steven Rhodes.

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(CLICK HERE FOR ADDITIONAL INFORMATION)

CLICK HERE - SUMMARY OF THE PLAN (2 page .PDF file)

CLICK HERE - Detroit Plan of Adjustment (120 page - Scribd)

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Keystone: The Pipeline to Disaster

huffingtonpost.com - by Jeffrey Sachs - February 3, 2014

CLICK HERE - Final Supplemental Environmental Impact Statement for the Keystone XL Project - Executive Summary January 2014 (44 page .PDF report)

The new State Department Environmental Impact Statement for the Keystone Pipeline does three things. First, it signals a greater likelihood that the pipeline project will be approved later this year by the administration. Second, it vividly illustrates the depth of confusion of US climate change policy. Third, it self-portrays the US Government as a helpless bystander to climate calamity.

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Administration Is Seen as Retreating on Environment in Talks on Pacific Trade

nytimes.com - January 15th, 2014 - Coral Davenport

The Obama administration is retreating from previous demands of strong international environmental protections in order to reach agreement on a sweeping Pacific trade deal that is a pillar of President Obama’s strategic shift to Asia, according to documents obtained by WikiLeaks, environmentalists and people close to the contentious trade talks.

The negotiations over the Trans-Pacific Partnership, which would be one of the world’s biggest trade agreements, have exposed deep rifts over environmental policy between the United States and 11 other Pacific Rim nations. As it stands now, the documents, viewed by The New York Times, show that the disputes could undo key global environmental protections.

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Target Hackers Wrote Partly in Russian, Displayed High Skill, Report Finds

      

Target Hackers Wrote Partly in Russian, Displayed High Skill, Report Finds

wsj.com - by Danny Yadron - January 16, 2014

The holiday data breach at Target Corp. TGT -0.94% appeared to be part of a broad and highly sophisticated international hacking campaign against multiple retailers, according to a report prepared by federal and private investigators that was sent to financial-services companies and retailers.

The report offers some of the first details to emerge about the source of the attack that compromised 40 million credit- and debit-card accounts and personal data for 70 million people. It also provided further evidence the attack on Target during peak holiday shopping was part of a concerted effort by skilled hackers.

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Federal Climate Change Expenditures - Report to Congress

whitehouse.gov - August 2013

The following is an accounting of Federal funding for climate change programs and activities, both domestic and international, included in the fiscal year (FY) 2014 President’s Budget.

Federal Climate Change Expenditures - Report to Congress (48 page .PDF report)
http://www.whitehouse.gov/sites/default/files/omb/assets/legislative_reports/fcce-report-to-congress.pdf

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Natural Gas Loses to Solar on Costs, A First

huffingtonpost.com - by Lewis Milford - January 7, 2014

For those who already think natural gas will win out over renewable power, a judge has said, not so fast.

In what may be the first time a U.S. solar power project has been declared cost-competitive against natural gas in a competitive bidding process, a judge has said solar is cheaper than natural gas. The ruling could be a road map for avoiding a new fossil fuel age dominated by big natural gas.

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Key Senate Vote on Flood Insurance Rate Delay Pushed to Next Week

insurancejournal.com - by Andrew G. Simpson - January 7, 2014

The U.S. Senate is expected to take a key vote soon on a bill that would delay some of the flood insurance rate hikes triggered by the Biggert-Waters Flood Insurance Reform Act of 2012. . .

. . . The procedural vote on S.1846 was originally planned for Wednesday, but the Senate is still dealing with an extension of federal unemployment benefits, delaying consideration of the flood bill. U.S. Sen. Mary Landrieu (D-La.), a major advocate for the bill, told USA Today that  “next week is more realistic” for any vote on the flood bill.

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Funding Problems Threaten US Disaster Preparedness

eurekalert.org

A study by researchers at the George Washington University, the University of Southern California, and the Cabarrus Health Alliance lists seven recommendations to enhance preparedness for public health emergencies in the US

WASHINGTON (Jan. 9, 2013) –The Sept. 11, 2001 attacks in New York City prompted large increases in government funding to help communities respond and recover after man-made and natural disasters. But, this funding has fallen considerably since the economic crisis in 2008. Furthermore, disaster funding distribution is deeply inefficient: huge cash infusions are disbursed right after a disaster, only to fall abruptly after interest wanes. These issues have exposed significant problems with our nation's preparedness for public health emergencies.

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CLICK HERE - STUDY - Funding problems threaten US disaster preparedness (28 page .PDF report)

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