Okay, very good morning to you. It is Monday 22nd of November. I hope you are doing well and as per usual I'm going to get up to speed and some of the major headlines from the weekend and we're going to talk about the week ahead in particular It's a holiday shortened week because I got Thanksgiving on Thursday in the States Which means it's a market holiday and that means then at Friday normally as a shortened trading session as well So a lot of the economic data from the US is concentrated on Wednesday Which we'll talk about more in a moment But let's have a look at the charts to start with and have a look at the overall sentiment for this morning and equity index futures continue to reside up and around these record levels that we saw at the close of Last week. So despite kind of a pivot to some slightly more hawkish commentary coming out of a variety of federal reserve officials The fact that we have some decent data and as well we had some strong Retailers come out with some positive learnings updates. They help bump us up there. Their question mark remains then Further catalysts likely to come as I said on Wednesday whether or not we can stay at these elevated levels Otherwise as far as this morning is concerned We do have a slightly firmer dollar up around just over one tenth of one percent So it's weighing it's just a little bit on the major pairs cable relatively unchanged on the session but euro dollar is down about 16 pips Perhaps explainable the slight underperformance in the euro on one of the stories we'll talk about in a moment Which is covet 19 and the response turning more violent for protests across europe To more onerous lockdowns because of the covet case spikes. We're seeing at the moment across the mainland So euro dollars down about 16 to 20 pips albeit has stabilized a little bit from apac lows And then elsewhere t-notes and gold lower amid the Moderate dollar strength So us yields a little bit firmer the 10 year down eight and a half ticks gold down six bucks oils pretty much unchanged trading us close to a 76 dollar handle And that's pretty much the flavor of the morning But getting straight into it then so as you can see here and as per the headline in the ft europe's protests against covet 19 curbs spread to brussels On sunday with tens of thousands of demonstrators marched through the city and protests that later turned a little bit more violent Demonstrations followed the second night of rioting in the netherlands on saturday over the reintroduction of coronavirus restrictions and protests also broke out As you can imagine in austria, which starts its national lockdown for the next 20 days for everyone as of today And we also saw protests as well happening. It's lean creature over the weekend so yeah for sure this I guess a necessary measure given the government's decisions following the cases that we've been seeing you can see here looking at daily new confirmed covet 19 cases if you're looking at a seven-day rolling average And austria way up there followed by the netherlands then island So just scrolling through these at the top netherlands island, then you get to greece uk and then germany which has been accelerating at its highest level since the actual outbreak of the the pandemic in itself Since the beginning of march of 2020 france portugal also seeing upticks probably the latter The height of the incline is a little lower just given much higher Vaccination take up then save for example germany which currently resides under 70 percent at the moment So yeah, that was that was all over the weekend And certainly warrants monitoring further going forward And as per what we've seen the last week or two Explains underpins a little of that rationale of that policy divergence with the likes of the fed and the bank community getting More hawkish dcb remaining static because of these aforementioned reasons and inflation not being as hot In those other areas as well Meaning that the euros had a bit of a rough ride of late against the us dollar Before I go on to the other stories just a reminder. Don't forget you can access the content hub on amplify me.com specifically aimed if you're a student So whether you're at college university or a graduate and you're looking to break into finance This hub has kind of everything you need for market analysis to career sessions and of course an opportunity to get involved in our Latest technology simulation as a sales trader market maker And asset manager so you can just book on to the finance accelerator So you can access the hub just go to amplify me.com And also when you're on there you can scroll to the bottom And if you want to get my daily newsletter kind of deconstructing a major market event each day Then you can just pop your email in there as well But going back to other headlines in the weekend the bank of england This is of course is the governor andrew bailey who's been quite criticized as we know Because of his perceived poor communication to the market on the back of the non-delivery of a rate hike Despite a lack of pushback from him at the beginning of the month So the latest here from the governor is the uk economic activity is slowing and supply side issues Are stoking prices underlying the two-side debate over inflation The proximate cause of many of these inflation issues is the supply side And monetary policy isn't going to solve those directly Again, I don't think that's Economically what he's saying now. I think it makes a lot that makes complete sense Something that peers and I have talked about in the podcast before these are supply side based issues that are really promoting the inflationary pressures It doesn't go really a great deal of a way to help Providers is many more greater clarity. I'd say from from the governor's stance, which still remains at this point A bit indecisive of real clarity and so markets still aggressively pricing for that december rate hike and further subsequent Inclines thereafter in in rates Otherwise just jumping us where geopolitically you might have read a few headlines about Russia and ukraine So just to get up to speed in what exactly has been going on. This isn't really a brand new thing We've been commenting on it for a couple of weeks. It's just that the us have now shared intelligence Including maps with european allies that shows a build-up of russian troops and artillery To prepare for a rapid large-scale push into ukraine from multiple locations If vladimir putin decides to invade according to people familiar with the conversation, so before the us were quite Quite aggressive with their rhetoric with russia in positioning itself more likely for further sanctioning And they had kind of splintered away from the europe where merkel was having actually talked directly with putin And we know germany's dependency on gas flows coming from that region So now the us has come forward and just provided more more clarity and intel on the on the matter Is what this latest development is in terms of Two sides putin and biden so putin. He sees ukraine as part of russia Hence the kind of 2014 the annexation of crime area in russia and all the tensions that happened several years ago And he does not like the outreach that ukraine has had with the west, especially with military engagement with nato And on the flip side for biden the actions of of putin are kind of tricky on multiple fronts for one They're going to test his administration's appetite to intervene Militarily again in foreign affairs or foreign shores And if you think about it, we've just had a very messy exit coming out of afghanistan Probably the last thing he needs In terms of his political favorability, which has been declining is to now jump into a russia-ukraine situation Which really doesn't carry too great a sway with the american voter at the ballot at the ballot box Biden has to focus more One would think from a strategy perspective on political strengths on domestic priorities like his economic agenda Dealing with what's happening with rising gas prices for the consumer Things like that. And so yeah, it's a tricky one again And just goes to show the multiple fronts that that biden's challenged with at the moment going forward The other thing from the weekend then is the pboc I don't find this incredibly surprising at all But the latest being that we've had some communication out of the central bank where the chinese Have said they signal possible easing measures to aid the economy's recovery after a sharp recent downturn that we've had and also the impacts and sentiment from the property slump The thing that people are looking at from the comms from the central bank is the omission of key phrases Which basically is not saying they're going to do something But the lack of talking about the way they're describing the economy in certain ways Would suggest that potentially more easing is on the way. It's something to just be aware of As far as the calendar is concerned for this week As I said, we do have Thanksgiving holiday in the us meaning a shortened week A lot of the u.s data is concentrated on on wednesday But before we get to the data one of the things of course that we're looking out for is the end outcome of Biden's decision does he go with brain art or power? And so the latest here is that he's expected to reveal his nomination for fed chair this week The latest reports would suggest an announcement is due before Thanksgiving. So no set day or time just in the coming days We're going to be looking out for this and the likelihood is we'll get sources and rumors and things like that in the build up So do be on the lookout Most accept that the choice is between just these two candidates So there's really no one else In the running and power is tipped as the slight favorite as far as the bedding holds are concerned at the moment And let's write that some democrats have expressed concerns over the recent fed investment disclosures You remember there's been a really bad pr job for power himself and the fed given a number of federal reserve officials have been seen to be Taking out slightly dubious stock positions Let's say or investment opportunities ahead of then major policy announcements, which is definitely Bad practice to put it lightly And that's that's impacted pal's Credibility a little bit and there's also been quite a bit of talk about pal's lack of green Credentials, which is obviously a big part of the agenda for president biden And those would be key considerations among more progressive democrats pal's oversight of banks has also been cited as a bit of concern Brainard is seen to be slightly tougher on that issue Meanwhile, brainard is seen as more dovish option Which some lawmakers might find a little bit concerning though given the context of the economic climate right now Which is obviously rampant inflation in the us tracking at 6.2 percent the highest in 31 years So that's the trade-off a little bit. She might be deemed a little bit more tighter on the Regulatory front He might look a little bit more equipped to deal with then The current economic climate with inflation because of her more kind of dovish disposition But at the same time again, the green credential element green credential element is kind of not that she is but he's she's He's probably less or so in that sense So that's what they're weighing up and obviously it comes in the context of well We'll be keeping close eye on fed speak because at the end of last week we had vice chairman richard querida We've also had the hawks. So like people like walla and bullards. They've all signaled the topic potentially at the next fed meeting in december about Accelerating tapering given what we've just mentioned on inflation And certainly at the moment we've had rate rises being pulled in closer We've had a number of big banks jp I think city credit sui's gs. They've all brought forward now their right hike kind of timing In terms of for next summer generally speaking And now there's been some more hawkish commentary as well coming from these fed members So we'll look out for more clarity of any speeches this week But going back to the calendar then monday today is pretty quiet overall something too much going on European flash consumer confidence figures coming out this afternoon. You've also got the german coalition report suggests over the weekend They could There could be an agreement to be attained as early as today or tomorrow So is it the formation of their coalition? I wouldn't be looking for any immediate intraday market reactions on the back of that though But just just so you're aware tuesday is kind of the main Data point as far as eurozone is concerned But more broadly we get the global so eurozone france, germany, uk, us market Flash pmi data points for service and manufacturing for the month of november These are always potentially market moving. They unexpectedly showed improved growth momentum in october And while analysts are expecting a bit of a deceleration in november a positive surprise Might feed into expectations and whether the bank of england will increase interest rates in december Which they're leaning towards at the moment Also, you've got german flash gdp coming out tomorrow morning as well So on wednesday that's really where it's at as far as the scheduled calendar events are concerned So rbnz rate decision and german ifo aside. It's very much a stateside focus In the evening we get the us f mc minutes They obviously could be quite interesting given the commencement of tapering we had at that november third meeting Then we also get the pce data So kind of the preferred measure that the fed like to look at to gauge inflationary conditions So while us pc for october will be monitored for further signs of price pressures following the heightened cpi reading To remind you pce data Reflects changes in household expenditures A subsection of the data known as core pce Which discounts the effects of volatility of food and energy sectors is the one that's going to be particularly Closely scrutinized by the market when it comes out on on wednesday on the same day as well. We also get GDP coming out of the us You can see here us q3 second estimate. So it's not the advanced. It's the preliminary reading So potentially slightly less impactful than the first reading But analysts at ing are looking for a modest modest upward revision But the october personal spending will be more significant as it can tell us a little bit more As to how the kind of consumer is feeling in terms of personal spending going into the fourth quarter Home sales numbers are not expected to be Move much on the month. That's also coming at the same time But the increase in the home builder sentiment suggests biotraffic is on the rise and that should live housing activity into the new year And then weekly us jobless claims. I know they're written down here on thursday. It's actually coming out wednesday So that's a mistake on this calendar And everything will be coming on that same day given the market closure that we'll see on thursday And then just skipping over to friday Pretty quiet overall as I said, there'll be a short and trading session as well in the us So most traders typically stateside would just take off Friday and have the extended run into the weekend There's obviously a lot of travel that goes on In north america through the thanksgiving weekend. So friday could be quite quiet You do have bankoming then chief economist hu pill gives a speech on the economic outlook at the cbi Could be of interest given His more kind of hawkish commentary of late and as people look for more guidance on the potential for a deck Rate hike. So that is really it. So pretty slow calendar start to the day Really the main action is going to really peak Tuesday and wednesday The PMIs on tuesday and that whole batch of us data coming on wednesday Is is what the the look of the land is at the moment But that is it. I'm going to leave it there Any questions at all, feel free to drop me a comment Don't forget to like and subscribe to the video in the channel Be much appreciated and check out amplify me dot com. All right. Take care. See you tomorrow


Hawaii Lucas, host of Hawaii is My Main Land, live streaming Fridays at 3 p.m. on ThinkTechHawaii.com. Next week, Wednesday, June 21st is the 2017 Summer Stolzness, the day with the most hours of sunlight in the whole year. To celebrate, my guest is Stuart Scott, Executive Director of the United Planet Faith and Science Initiative, and a well-known figure in the international climate change orbit. I've asked him to share some of what he's experienced, talking to Pope Francis at the Vatican, at the COP 22 Marrakesh Climate Change Conference, and most recently, Washington D.C.'s March for Science. In particular, what are the latest interventions for dealing with the United States' new Ice Age of Reason? Welcome back, Stuart. Thank you very much, Koeh. I'm very glad to be here again. So you have characteristically logged many miles since I last chatted with you. So that's the contradiction in my existence. Right. You want to just say a word about that? My carbon footprint for the flying I have to do is huge, but I try to subject every decision I make about travel, about flying, to whether or not it's worth the carbon in the long run. The money is secondary whether or not it's worth the carbon. That's beautiful. Okay. So the last trek you did, or that I know about, was the Washington D.C. Science March. Well, that was one part of it. Actually, this is the first time in my life I've made a circuit around the world because I started out going to Southeast Asia and was asked to do a presentation in Helsinki, Finland. So I ended up completing a circuit. So what made that march worth the carbon? Well I was already on the East Coast. I had it in my calendar, the March for Science, and a week later the People's Climate March and I said if I'm anywhere nearby on one of those two weekends I'm going to go. What made it worth going to the climate march? What made it worth the carbon was we currently have an administration, a presidential administration that is either really pretty dumb or feigning ignorance in order to promote economic interests where they will into their own pockets in some cases. So one of the things that we're both big fans of is changing this conversation from climate focusing on the climate to focusing on the economic reality. I love to quote Bill Clinton for a reason other than he intended.  Well it's the economy, but in the opposite sense that he meant it. He believes in economic growth most of the world. We've been handed economic growth, we'll solve all problems, all boats float, etc. Well there's a possibility that we have already gone too big that the human economy is bigger than the planet we live on can support. So the way I see it we're in an age or a transition that's similar to when Galileo said the earth is round and the Vatican said no the earth is flat or we will agree with us or we will excommunicate you, we're going through another paradigm shift from the earth is infinite to the earth is finite. And it's the same kind of paradigm shift but this time the Vatican's on our side. The Vatican's on our side, you got to speak with the Pope. We have Pope Francis. What did he say? What happened? Tell us. Well I can't tell you how much work it took to get 15 seconds with the Pope. The gentleman who's behind us at that moment is the next president of the International Society for Ecological Economics. I'd like your audience to remember the term ecological economics. We might survive if we have that in place. The woman who came after me was the wife of the ambassador from Argentina to Costa Rica, the most environmental nation on earth perhaps. Costa Rica? Costa Rica is, they are very, very conscious of the environment. They are very good. Butan and Costa Rica, I don't know which I would say is environmentally, now the Pope is from Argentina. So I was going to the Vatican with the next president of the Society for Ecological Economics to try to foster a collaboration between the Holy See and ecological economics. And the woman, as I said, the wife of the ambassador, spoke with me for an hour while we waited for the Pope to show up. And now she's essentially helping try to firm up that marriage, that rapprochement between the Vatican and ecological economics. Okay, so there's another reason Pope Francis was important to you, right? You've been working really hard on this initiative. So let's talk about that a little bit. So he said something, we have a quote from him that- Oh, there we go. Now this is a very short quote out of a document that's called Laudato Si, which is Latin for praised be you. It's the first two words of a prayer attributed to St. Francis, the Pope's namesake. And it's a very interesting document. It's 75 or 80 pages of an indictment of the present economic system, which he calls the technocratic paradigm for trashing humanity and trashing the planet. Wow. Now he doesn't say it that way, that's my Brooklyn slang, but this quote will give you an idea. Given the insatiable and irresponsible growth produced over many decades, we need also to think of containing growth by setting some reasonable limits and even retracing our steps before it's too late. It's all right there. So he is one of three persons or entities who you are proposing for or you're part of the group proposing for the Nobel Prize in Sustainable Development. Okay. Now you just made the mistake that I have to explain to people a lot. It's a Nobel Peace Prize. I'm promoting a particular Nobel Peace Prize and the Pope is one of the three nominees. Now it's a Peace Prize that's themed for sustainable development just as the 2007 Prize that went to Al Gore and the Intergovernmental Panel on Climate Change, in that case it was themed for climate. This one is themed for sustainable development, but it is not a new prize. It would take a huge, huge... Okay. All right. Okay. It's a new prize. Okay. So one of three. So we have the Pope and who else do we have? Okay. Well, you can nominate up to three individuals or organizations to share a Peace Prize. The organization, the Club of Rome is the first nominee and the Club of Rome is a think tank, shall we say, of concerned individuals, individuals who've been concerned for decades about the unsustainable directions of humanity. And they sponsored a study that came out of MIT, it was published in 1972 called The Limits to Growth, which is bedrock. It is the foundation of the sustainability movement. If you look at the scholarly literature, most of it goes back to cite that document. So the Club of Rome had the foresight and wisdom to commission that report, The Limits to Growth. It's still a classic in its field. It's the most published, the most printed environmental title to date. Wow. And there's a new one. You showed... Yes. Well, there was the 1972 version and then they updated it in 2003 to see how the modeling they did was tracking reality. And it was still remarkably robust modeling, so our reality is tracking what they predicted. And that study showed human population peaking and declining, in some cases radically, toward the center of this century, the current century. Peaking and declining. Okay. So that is pointing towards a reverse of growth. We've got a problem. Yes. Basically, either we're going to control our limiting growth, our coming in line with the limits of the planet, or we're going to say, hell no, we can burn all the fossil fuels, we can dig up all, we can fish up the... And in that case, we end up with a population collapse. So if we want to stabilize an even-off population... Population collapse due to... Well, a combination. Climate change, resource constrictions, and what happens if we really do start running out of some critical resources? Like water.  We are sending the oceans into a hypoxic state that is without oxygen. Well documented that we are increasing the acidity and the reefs around the ocean are dying. I heard on a talk show from KHPR yesterday that by 2050, 8 or 99% of all the reefs on earth will be in a state of bleaching many years in a row. That kills them. 2050. 98% will be dying from the bleaching effect. The Great Barrier Reef is collapsing now because they have three extreme bleaching events in a row. So what happens if we lose the fish in the ocean? Yeah. So your effort here, I think we have a picture of the three Nobel nominees. Yes, there we go. So what's the... Let me give the most important member of that trio, if I may. The gentleman in the middle, Dr. Herman Daley. He was a World Bank senior economist for eight years, quit in frustration because the World Bank just did not get at the time. He was in charge of their environmentally sustainable development department. But the World Bank did not at that time get the fact that their investment was not sustainable. So we have a slide of Dr. Daley with a quote from him. There we go. There is something fundamentally wrong with treating the earth as if it were a business in liquidation. And in his view, that's what we've been doing for decades, perhaps for so long. That really struck me. That is quite a powerful statement. Now he is credited as being the father of ecological economics. And again, for my part, ecological economics is what we need to shift to if we're going to survive. We should be requiring that it be taught in business schools, in undergraduate curricula, alongside of perhaps the standard growth economics. Now it's interesting, when you see the word economics in the paper or hear it on the radio, they're talking about neoclassical growth economics. But the neoclassical or the growth modifier has dropped out because after 100 years of it being pretty much the only thing taught, it's like, why call it so many words? Let's just call it economics. So we assume it's become the paradigm. Everyone thinks we have to grow, grow forever. We've got a problem. Poverty? Solution? Not when you're running out of resources, and I don't mean just the hard resources. I mean the air resource, that is when we're overwhelming the waste sink of the atmosphere with CO2, heating up the planet, acidifying the oceans, et cetera. So the ecological economics is, that's the same idea as natural capitalism, basically RMI. And I've read that, or of course I've read it. They're related. They're related. But it's basically fixing the way we calculate it. No. No. Okay. And that's the distinction. That's the distinction. There are three kinds of economics I lecture about. One is the one we've got, which is dysfunctional. In the model of the economic system we have, the earth is not there. And there's environmental economics, which says if you price natural capital in dollars or in pounds or euros, and let the market, the invisible hand of the market work things out, everything will be fine. And I say that is called weak sustainability. There are contradictions involved in that. Then there's ecological economics, which is known as strong sustainability, which says that you cannot apply a metric of money to everything. There are decisions that need to be made on a qualitative basis, on ethical bases and on ecological bases. How do you value the last herd of elephants? That's a good place for us to take a little pause. Hey, Aloha. This is Andrew from Integrated Security Technologies out here on behalf of PSA and your Cyber Security Committee. I got through Denver. I thought I'd give you a quick update on what we're doing heading into convention. I hope you all get down there in October. If you haven't gotten into tier zero yet and worked on that material, I encourage you to do so. But I can tell you that our committee is moving on through tiers one through five. And we've got some great new tools to help you sort of gauge yourself and help you with your policies and your implementations through tiers one and two. I'll be presenting that material down there at convention, so please come on down. And in the meantime, if there's any particular issues that you're having, feel free to send them to the committee. We've got a great group of folks working there. And if you've got some people on your team that are more interested in this, feel free to have them call us up and maybe they can join our committee and help out a little bit. So thanks a lot. I look forward to seeing you there. Aloha. Welcome back to Hawaii is my mainland. I'm Kaui Lucas. This is Think Tech Hawaii. With me today celebrating the solstice is Stuart Scott. And we were just talking about the economic theory of evolutionary, no, ecological economics. Ecological economics. So which could save us? I think if that was in place instead of what we've got, we would be in a much better position. So it's finding ways to make that message as loud as it possibly can be. Right. We've got into the university curricula trying to get policy makers to go along with some of the major recommendations from ecological economics. If we had more time, I'd give just a couple of them. But that's why I'm packaging the Pope with the founder of ecological economics with the club of Rome for having created, sustained and preaching about sustainability. So that's our path forward. So you gave me a couple of videos. Let's have a look at the first one. We'll go to the climate now. A slide that Sir Brian was referring to and it's worth going through this a little bit. Jim Hayward made a point at a meeting recently that actually we should always start with this side because there's a question of why are we doing this? Why are we doing this research? This is why. This is the latest projections from the international panel of climate change. And the alarming thing, which against Sir Brian Hyatt, is that these two scenarios actually explicitly include negative emissions technologies. So there is geoengineering of the flavor of carbon dioxide removal in the best case scenarios. The very, very alarming thing for us is that we are on this path here. That's AR 8.5.  And that puts us in a very, very different place in our children's or our grandchildren's lifetimes. OK. Well, that was a sobering little clip there. If I can emphasize the point and simplify the two lower lines for what is being talked about at the UN climate negotiations, but they're fictitious to a great extent because they are couched on the assumption of a technology that we don't yet have, and we're not even freely allowing researchers to research. That is, we have to pull a huge amount of carbon dioxide out of the atmosphere to maintain this two-degree goal, this two-degree guideline, or guardrail they call it. And we don't have that technology. So basically, nations are disingenuously negotiating a treaty that they can't pull off because they don't have the technology on which they're negotiating that it might happen. And what he points to is that we are a flat band, he says, on the high trajectory, which predicts four degrees centigrade, about seven or eight degrees Fahrenheit, global average temperature rise by the end of this century, and it doesn't just stop there. That's catastrophic. That's catastrophic. Well, that's also 70 years from now. But it doesn't go 99, boom. It's increasing. Okay. All right. I'm trying to... Okay. Right. All right. So we have to start somewhere. Yes. Now, if we can show the second clip, that'll help a bit. If we have a look at what this temperature change actually is realized by 2019, this is what it looks like in a geographical pattern. Now, I would say that there's some very interesting things here. Look at the scale. What you're seeing here is results from the Hadley Center model, which is a reputable climate model. The ice cap's gone up by 20 degrees. Okay. Bear that in mind. New York's gone up by eight. Okay. The Amazon's gone up by eight, and the Amazon's obviously a sensitive area for, because it's really acting as the lungs of the planet. It's often referred to as its ability to photosynthesize and take up carbon dioxide. So this is what that four to five degree temperature increase looks like, and this is where we're heading unless we do anything. So Stuart, are there a lot of people having this discussion? One that we're having about what actually needs to happen is you're going to these various events. What are you hearing? Not nearly enough people. Again, there's the in front of the mainstream media sound bites, which are all going along with what I call a fiction, that we can fix this problem by little tweaks here and there, and we can still consume oil. Oh, there's a carbon budget. We still have some oil we can consume without destabilizing. I think that's disingenuous, like I say, because we have a carbon budget if we had a way of vacuuming CO2 out of the air, which we don't. So people who have my view, there's an increasing number of people. In fact, I think I saw an article this morning that eight out of 10 people feel that we're on worldwide from several 8,000 people who were polled worldwide say that they believe we're on a catastrophic climate path. So it's more urgent than governments are saying. And that's because for a government to admit that it is more serious than they have here to for admitted means people will have to say, well, why don't you fix it? And the answer to that is, of course, we fixing it is not congruent with keeping growing economies, growing GDP, everybody growing. And if we're thinking in terms of two or four or six year election cycles, that's really hard to do. Well, it's election cycles. What about carbon sequestration? I mean, is that a myth? Well, that's the geoengineering that we don't have down yet. It's like clean coal. It's a very pretty word, but there is no scaled up working carbon sequestration project other than the Amazon or forests. But those are under fire, figuratively speaking and literally speaking. Nature knows how to do it. And if we reduce human population either well, then nature will hopefully take over again and sequester carbon in natural processes. OK, so these carbon balancing, carbon credits. It's all, like I say, it's all part of this neoclassical economic ruse that we can fix everything if we can keep doing what we're doing, pumping out CO2 in New York and London as long as we pay some other nation to plant more trees. No. No? No. Because we're pumping out CO2 much faster than we can plant trees, and they take a while from planting before they're really absorbing a lot of carbon. And then the agreements that are there allow you to harvest them in 20 years and burn them as fuel. So it's really a shell game, the way I see it. And how about methane? That's the thing that we all have our own personal nightmares. That's my personal nightmare.  It's going off in the Arctic, both on land and in the Arctic Sea. There's a huge amount of methane that's stored in the Arctic tundra, the permafrost, and in the sub-sea mud that's been frozen also for years, for centuries. Methane hydrates methane, clathrates. And because we are reducing the Arctic ice pack, and it's peeling back year after year from the land earlier and earlier, the mud in the very shallow East Siberian Arctic shelf is warming just enough, still cold, but it's warming just enough that this methane hydrate is no longer stable. And we're seeing an outbreak of venting of methane from the Arctic. And people say, well, why don't you catch it? It's a fuel. Burn it. That's what they frack for. Why don't we catch it out of the Arctic? Because it's being emitted over far too wide an area in very hostile conditions. So it's one that, to me, our fate may be sealed. But if not, then we have to do everything possible to reduce, as we can, our emitting of carbon dioxide and our emitting of methane from the fracking, which is improperly vented into the atmosphere. We have to do everything we can. And the current administration in Washington, DC, is doing everything it can to go in the opposite direction. The silver lining in what's going on in DC in my book is that Donald Trump's administration is producing so much pushback by the rest of the world, and by his own, the states in the United States, that he's actually pushing us faster than we would otherwise be going. Really. Well, that's awesome. Yes. OK. It's an opportunity. It's an opportunity for everyone who's got it straight to organize and capitalize on that momentum. Well, in our last minute, what a great place to wind things up, Stuart. What do you think? Well, if I could replace Trump, I'd do it in a heartbeat, but like I said, there's some hope there. I would like to ask your listeners, your viewers, to go to np4sd.org, Nobel Prize for Sustainable Development.org. Anyone in the world can do an endorsement of the prize, but there are millions of qualified nominators around the world who are unaware that they're qualified to nominate for the Peace Prize. A huge number of academic professors, emeritus professors, associate professors can nominate for the Peace Prize, but are unaware of it. Thank you, Stuart. Thank you, Kelly. Not cheery, but wonderful. Do the best we can.


Y'all so revisiting that twist out using the DIY mango buttercream, but this time I also would be using the wetline extreme gel So I did set my hair three days prior the night before though I did use a little bit of the buttercream to help with some moisture. My hair feels great By the way, this is just a takedown. Of course, you don't see me actually setting my hair and right now I am actually unraveling look at the definition and the shine. This is beautiful you guys So I'm going to continue to unravel my hair taking my time I don't need any oil because there was quite a bit of oil and the DIY mango buttercream itself One thing I also want to say is that I also did band two knots at the end so that my hair will have a little bit of a curl What the drew the drew whisk is pretty I took a blue blow-dryer to it just a little bit the hell out of it to give myself volume Don't laugh at me. I lift up my hair. I pick I put it down in a pic That's what I do to get added volume. I know some of y'all thinking girl. Why what would you need more hair for more volume and more hair?