Daily Archives: November 19, 2024

(Church Times) Lord Williams calls on high-street banks to stop financing fossil fuels

A colation of Christian organisations has written an open letter to high-street banks in the UK, calling on them to stop financing new fossil-fuel extraction or risk losing their business.

The letter, published on Tuesday, is signed by the former Archbishop of Canterbury Lord Williams, the Methodist Church in Britain, the Scottish Episcopal Church, the Quakers, and several Roman Catholic religious orders. It opposes the $556 billion that Barclays, HSBC, Santander, NatWest, and Lloyds have reportedly provided to the fossil-fuel industry since the Paris Climate Agreement was signed in 2015.

Lord Williams said: “Banks are very understandably seen as institutions we need to be able to trust. What we are asking is that the main high street banks should show themselves to be fully worthy of that trust by playing their part in creating a future we can trust, a future in which our lethal dependence on fossil fuels will at last be put behind us.”

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Posted in Corporations/Corporate Life, Ecology, England / UK, Ethics / Moral Theology, Science & Technology, The Banking System/Sector

Martin Davie–Doctrine and Prayers of Love and Faith – A response to Neil Patterson

Patterson is correct when he says that process set out in Canon B2 provides the opportunity for General Synod to approve liturgical texts after agreeing that they do not depart from the doctrine of the Church of England in any essential matter. This does not mean, however, as Patterson suggests, that the decisions to ordain women as priests and bishops and the decision to permit the re-marriage of divorcees in church did not involve changes in doctrine. They clearly did, in that they involved the Church of England accepting that something was permissible which it had previously said was impermissible. The reordering of the Church of England’s common life that took place was a consequence of this change of doctrine. However, General Synod took the view that this change of doctrine was not in conflict with the doctrine found in the Articles, Prayer Book and Ordinal, and on that basis said that both this change, and the reordering of the Church’s life that flowed from it, were acceptable.

In similar fashion Synod could decide to permit same-sex marriages on the grounds that they were not contrary to what is taught by the Articles, the Prayer Book and the 1662 Ordinal and that therefore changing the Church’s teaching to allow these things to take place would be a legitimate thing to do. However, it would need to show good grounds for making this decision and this would be impossibly difficult to do given that the Prayer Book marriage service is absolutely clear that marriage was ordained by God to be between two people of the opposite sex and that ‘so many as are coupled together otherwise than God’s Word doth allow are not joined together by God; neither is their matrimony lawful.’

Fourthly, Patterson declares concerning the Prayers of Love and Faith commended by the House of Bishops in December 2023 for use in regular services:

‘I agree that they are not a change in doctrine, but they are a change. In response to the legalisation of civil partnerships in 2005, the then House of Bishops declared that ‘clergy…should not provide services of blessing for those who register a civil partnership’ and on the introduction of same-sex marriage in 2014, repeated the instruction,  ‘Services of blessing should not be provided.’ Whereas now they have very clearly commended a set of prayers that may be used with those who have formed a civil partnership or same-sex marriage.’

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Posted in --Civil Unions & Partnerships, Anthropology, Church of England, Ethics / Moral Theology, Marriage & Family, Parish Ministry, Pastoral Theology, Same-sex blessings, Sexuality, Sexuality Debate (in Anglican Communion), Theology, Theology: Scripture

(Economist) Vladimir Putin is in a painful economic bind

Until recently, the Russian government had cushioned the economy from higher borrowing costs. A variety of schemes made it easier for households to suspend debt payments and for firms to borrow at lower subsidised rates, with the government stepping in to compensate banks for lost income. There are signs, though, that such programmes are becoming unaffordable. A mortgage-subsidy scheme, which had allowed borrowing at a cost of just 8% when official rates were much higher, ended on July 1st. Mortgage volumes halved in the following month. Corporate bankruptcies have risen by 20% this year. The Russian Union of Industrialists and Entrepreneurs, a trade body, reckons investment plans for next year are being put on hold owing to heavy borrowing costs.

Higher interest rates will crimp spending by both firms and consumers. The IMF expects Russian economic growth to slow sharply to 1.3% next year. Even VEB, the state-run development bank, has cut its growth estimate to 2%. A combination of lower investment and manpower lost to the front is taking a toll. The need to maintain the value of the rouble to pay for crucial imports is a vulnerability for Mr Putin, and one which could soon take a toll on his ability to fight. He may be hoping that Donald Trump keeps his promise to bring the conflict to an end. Waging a 3% war is one thing; a 21% war is quite another. 

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Posted in * Economics, Politics, Economy, Military / Armed Forces, Russia, Ukraine

(FA) Henry A. Kissinger, Eric Schmidt, and Craig Mundie–War and Peace in the Age of Artificial Intelligence

From the recalibration of military strategy to the reconstitution of diplomacy, artificial intelligence will become a key determinant of order in the world. Immune to fear and favor, AI introduces a new possibility of objectivity in strategic decision-making. But that objectivity, harnessed by both the warfighter and the peacemaker, should preserve human subjectivity, which is essential for the responsible exercise of force. AI in war will illuminate the best and worst expressions of humanity. It will serve as the means both to wage war and to end it.

Humanity’s long-standing struggle to constitute itself in ever-more complex arrangements, so that no state gains absolute mastery over others, has achieved the status of a continuous, uninterrupted law of nature. In a world where the major actors are still human—even if equipped with AI to inform, consult, and advise them—countries should still enjoy a degree of stability based on shared norms of conduct, subject to the tunings and adjustments of time.

But if AI emerges as a practically independent political, diplomatic, and military set of entities, that would force the exchange of the age-old balance of power for a new, uncharted disequilibrium. The international concert of nation-states—a tenuous and shifting equilibrium achieved in the last few centuries—has held in part because of the inherent equality of the players. A world of severe asymmetry—for instance, if some states adopted AI at the highest level more readily than others—would be far less predictable. In cases where some humans might face off militarily or diplomatically against a highly AI-enabled state, or against AI itself, humans could struggle to survive, much less compete. Such an intermediate order could witness an internal implosion of societies and an uncontrollable explosion of external conflicts.

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Posted in Foreign Relations, Military / Armed Forces, Science & Technology

A Prayer for the Feast Day of Elizabeth of Hungary

Almighty God, by whose grace thy servant Elizabeth of Hungary recognized and honored Jesus in the poor of this world: Grant that we, following her example, may with love and gladness serve those in any need or trouble, in the name and for the sake of Jesus Christ, who liveth and reigneth with thee and the Holy Spirit, one God, now and for ever.

Posted in Church History, Hungary, Spirituality/Prayer, Women

A prayer to begin the day from J. Armitage Robinson

Remember, O Lord, what Thou hast wrought in us, and not what we deserve; and, as Thou hast called us to Thy service, make us worthy of our calling; through Jesus Christ our Lord.     

–Frederick B. Macnutt, The prayer manual for private devotions or public use on divers occasions: Compiled from all sources ancient, medieval, and modern (A.R. Mowbray, 1951)

Posted in Spirituality/Prayer

From the Morning Bible Readings

The Lord reigns; let the earth rejoice; let the many coastlands be glad! Clouds and thick darkness are round about him; righteousness and justice are the foundation of his throne. Fire goes before him, and burns up his adversaries round about. His lightnings lighten the world; the earth sees and trembles. The mountains melt like wax before the LORD, before the Lord of all the earth. The heavens proclaim his righteousness; and all the peoples behold his glory.

–Psalm 97:1-6

Posted in Theology: Scripture