Sustainable Information Technology

The wettest drought on record

Lots of weather lately

Here in Kent, in the south-east of England, we’re experiencing a drought. There have been two very dry winters in southern and eastern parts of the country, with water companies reporting the driest two years for a century or so.

A-Scene-in-Drought-Stricken-England

A Scene in Drought-Stricken England

With this in mind, two weeks ago a hosepipe ban was introduced in Kent and other parts of the country, with the drought spreading northwards. Fines of up to £1000 can be imposed on individuals who insist on using hosepipes.

Far Sighted Ban Works Wonders

Since the ban was introduced, it hasn’t stopped raining.

I believe it’s the wettest drought on record.

 

Climate change laws – good or bad for the Mexican economy?

Cactus: The Thorny Issue of Mexican Climate Change LawsLast week, Mexico passed a tough new law on climate change. The new law requires that

- emissions of carbon dioxide should be 30 percent below current levels by 2020
- 50 percent below 2000 levels by 2050
- 35 percent of the country’s energy must come from renewable sources by 2024

Read more: http://tinyurl.com/MexicanClimateChange

My question is, will this be bad, neutral or good for the Mexican economy?

Are Climate Change Laws an Economic Handicap?

I think the arguments for each of the options can be summarised something like this…

* BAD: The Mexican’s will slowdown and handicap their own economy. Costs of production will increase which will in turn make Mexico less competitive

* NEUTRAL: The new climate change laws will make no difference to the economy because more important general economic conditions will influence and ultimately decide the fate of the economy (such as labour force skills and costs, access to markets, etc)

* GOOD: This will benefit the Mexican economy. The effects will be both direct (effects such as the development of leading edge technologies which will be exported to other countries) and indirect (such as a change in perception of Mexico itself as a trusted trading partner and a strong country showing leadership in the global economy).

What are your thoughts?