Monday, April 19, 2010

Relevant Science and Money

Countries and companies direct their money to advertisement and public works. Sometimes Research and Development (R&D). They reflect the concerns of the average citizen and customer. In the private sector, the famous bottom line, is always present. Profits. Simple people, simple logic.

The new world order, as presented for instance in the new book by Bill McKibben: Eaarth. strongly states that we cannot continue with Business as Usual.

The European Union has lost $2 billion already because of volcanic ashes this week. I am sure that the R&D money going to Vulcanology in the whole world right now, is much less.

Today we read in the NYT:

“The Ash Attack has already affected the travel plans of 8 million passengers in Europe and around the world,” the Center for Asia Pacific Aviation, a consultancy based in Sydney, said Monday on its Web site. “The total cost for the aviation industry (airlines, airports, suppliers, freight operators, handlers, etc.) could be well over $2 billion.”

"The crisis could wipe out weaker air carriers if it continues much longer, analysts say. Airlines have already suffered losses of $50 billion over the last decade after the attacks of Sept. 11, 2001, the SARS epidemics of 2004, the rise in fuel costs in 2008 and the recession. "

"Complicating any decisions is the continued eruption of the volcano, Eyjafjallajokull."

How much longer are the leaders of society going to keep these ignorant financial policies?

Time is up.

No comments:

Twitter Updates

Search This Blog

Total Pageviews