Category : Corporations/Corporate Life

(FT) Alphabet launches AI company to discover new drugs

Google owner Alphabet has launched an artificial intelligence company to discover new drugs.

UK-registered Isomorphic Labs will use technology from its sister company DeepMind “to accelerate drug discovery, and ultimately, find cures for some of humanity’s most devastating diseases,” said Demis Hassabis, the head of DeepMind, in a blog post. He added that he would also become the chief executive of Isomorphic Labs.

Scientists around the world were awed in July when DeepMind unveiled how its AlphaFold2 technology could be used to predict the shape of every protein in the human body with almost perfect accuracy.

DeepMind’s model can solve one of the trickiest problems in biology by taking a sequence of amino acids and mapping the twists and turns of its shape. The algorithm could help replace or enhance painstaking laboratory work to identify the structures of proteins, which dictate how they behave.

Read it all.

Posted in Corporations/Corporate Life, Drugs/Drug Addiction, Health & Medicine, Science & Technology

(C of E) Church Commissioners among leading financial institutions to commit to actively tackle deforestation

More than 30 leading financial institutions, representing over US$ 8.7 trillion in assets under management, including the Church Commissioners for England, have committed to tackle agricultural commodity-driven deforestation as part of broader efforts to drive the global shift towards sustainable production and nature-based solutions.

Ending deforestation and implementing natural climate solutions could provide a third of the solution to achieving the Paris climate target, help halt and reverse biodiversity loss, and support human rights and food security.

With most deforestation driven by unsustainable production practices for palm oil, soy, cattle products and pulp and paper, resulting in more carbon emissions annually than the EU, action on these commodities is particularly urgent, which is the focus of the commitment made today.

Today’s commitment – to use best efforts to eliminate agricultural commodity-driven tropical deforestation from portfolios by 2025 – is clear evidence of the increasing awareness of the systemic risks and associated actions needed to address deforestation related to production of these commodities and accelerate the transition to sustainable commodity production.

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Posted in Animals, Church of England (CoE), Corporations/Corporate Life, Ecology, Economy, Energy, Natural Resources, Ethics / Moral Theology, Science & Technology, Stewardship, Stock Market

(NYT) At Cop26 A pledge to end deforestation aims to protect ‘the lungs of our planet.’

In a sweeping accord aimed at protecting the world’s forests, which are crucial to absorbing carbon dioxide and slowing the rise in global warming, leaders of more than 100 countries gathered in Glasgow vowed on Tuesday to end deforestation by 2030.

President Biden said the United States would contribute billions to the global effort to protect the ecosystems that are vital for cleaning the air we breathe and the water we drink, and keeping the Earth’s climate in balance.

The pact — which includes countries like Brazil, Russia, China and the United States — encompasses about 85 percent of the world’s forests, officials said.

“These great teeming ecosystems — these cathedrals of nature,” Prime Minister Boris Johnson of Britain said in announcing the agreement, “are the lungs of our planet.”

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Posted in Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Politics in General, Stewardship

The Church of England launches consultation on plans to get to net zero carbon in just nine years as new Synod prepares to meet

The Church of England is to consult dioceses, cathedrals, national institutions, parishes, schools, and other interested parties on a proposed routemap to achieve net zero carbon by 2030, as papers are published for November’s inaugural meeting of a new General Synod.

The draft routemap, published among today’s General Synod papers, suggests how all parts of the Church of England can make changes together to achieve the ambitious target set by General Synod in 2020 to be net zero carbon 20 years ahead of the Government’s targets.

It includes recommendations for building maintenance, heating and the availability of specialist advice for each setting alongside how the central Church and dioceses can offer support.

The newly elected Synod will be formally inaugurated on Tuesday November 16 at the start of a two-day meeting.

Items on the agenda include a debate on the wealth gap in the UK and discussions about Church matters including the recent review of governance and the development of a new vision and strategy for the Church of England in the 2020s and beyond.

That includes an ambitious goal to double the number of children and young people in churches.

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Posted in Church of England (CoE), Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Parish Ministry, Religion & Culture, Science & Technology, Stewardship

Church Commissioners for England voice the need for a Just Transition ahead of COP26

Since becoming founding members of the Financing a Just Transition Alliance in 2020, the Church Commissioners for England and Church of England Pensions Board have been active in identifying concrete steps that the financial sector can take to ensure that no-one is left behind as part of the transition to a low carbon economy.

This engagement with high carbon emitting investee companies has focussed on the issue of a Just Transition, ensuring that workers and communities are not left behind and are appropriately supported in the low-carbon transition.

Each company was actively considering how to address and achieve a Just Transition. However, their approaches varied greatly depending on factors such as location, developed versus emerging market, relationship with unions, governance, company size, status as local or international company, and ability to transfer and reskill employees within their own operations. For example, one company that the Commissioners is engaging with is training the operators of coal-fired facilities in a developing country to work in the fishing industry.

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Posted in Church of England (CoE), Corporations/Corporate Life, Ecology, Economy, Energy, Natural Resources, Ethics / Moral Theology, Religion & Culture, Science & Technology, Stock Market

(NYT) Rising Prices, Once Seen as Temporary, Threaten Biden’s Agenda

At least once a week, a team of President Biden’s top advisers meet on Zoom to address the nation’s supply chain crisis. They discuss ways to relieve backlogs at America’s ports, ramp up semiconductor production for struggling automakers and swell the ranks of truck drivers.

The conversations are aimed at one goal: taming accelerating price increases that are hurting the economic recovery, unsettling American consumers and denting Mr. Biden’s popularity.

An inflation surge is presenting a fresh challenge for Mr. Biden, who for months insisted that rising prices were a temporary hangover from the pandemic recession and would quickly recede. Instead, the president and his aides are now bracing for high inflation to persist into next year, with Americans continuing to see faster — and sustained — increases in prices for food, gasoline and other consumer goods than at any point this century.

That reality has complicated Mr. Biden’s push for sweeping legislation to boost workers, expand access to education and fight poverty and climate change. And it is dragging on the president’s approval ratings, which could threaten Democrats’ already tenuous hold on Congress in the 2022 midterm elections.

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Posted in America/U.S.A., Corporations/Corporate Life, Economy, Politics in General, President Joe Biden

(Philadelphia Inquirer front page) Record number of people quit jobs as priorities shift

The number of people quitting their jobs has surged to record highs, pushed by a combination of factors that include Americans sensing ample opportunity and better pay elsewhere.

Some 4.3 million people quit jobs in August — about 2.9 percent of the workforce, according to new data released Tuesday from the Labor Department. Those numbers are up from the previous record, set in April, of about 4 million people quitting, reflecting how the pandemic has continued to jolt workers’ mind-set about their jobs and their lives.

The phenomenon is being driven in part by workers who are less willing to endure inconvenient hours and poor compensation, who are quitting instead to find better opportunities. According to the report, there were 10.4 million job openings in the country at the end of August — down slightly from July’s record high, which was adjusted up to 11.1 million, but still a tremendously high number. This gives workers enormous leverage as they look for a better fit.

The implications of this shift could be long-lasting.

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Posted in Anthropology, Corporations/Corporate Life, Economy, Labor/Labor Unions/Labor Market

(NYT) ‘It’s Not Sustainable’: What America’s Port Crisis Looks Like Up Close

Like toy blocks hurled from the heavens, nearly 80,000 shipping containers are stacked in various configurations at the Port of Savannah — 50 percent more than usual.

The steel boxes are waiting for ships to carry them to their final destination, or for trucks to haul them to warehouses that are themselves stuffed to the rafters. Some 700 containers have been left at the port, on the banks of the Savannah River, by their owners for a month or more.

“They’re not coming to get their freight,” complained Griff Lynch, the executive director of the Georgia Ports Authority. “We’ve never had the yard as full as this.”

As he speaks, another vessel glides silently toward an open berth — the 1,207-foot-long Yang Ming Witness, its decks jammed with containers full of clothing, shoes, electronics and other stuff made in factories in Asia. Towering cranes soon pluck the thousands of boxes off the ship — more cargo that must be stashed somewhere.

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Posted in * Economics, Politics, Corporations/Corporate Life, Globalization

(BBC) Historic go-ahead for malaria vaccine to protect African children

Children across much of Africa are to be vaccinated against malaria in a historic moment in the fight against the deadly disease.

Malaria has been one of the biggest scourges on humanity for millennia and mostly kills babies and infants.

Having a vaccine – after more than a century of trying – is among medicine’s greatest achievements.

The vaccine – called RTS,S – was proven effective six years ago.

Now, after the success of pilot immunisation programmes in Ghana, Kenya and Malawi, the World Health Organization says the vaccine should be rolled out across sub-Saharan Africa and in other regions with moderate to high malaria transmission.

Read it all.

Posted in Africa, Children, Corporations/Corporate Life, Health & Medicine, Science & Technology

(NYT) The End of a ‘Gilded Age’: China Is Bringing Business to Heel

Chinese tech companies are reeling from regulation. Nervous creditors are hoping for a bailout for China’s largest developer. Growing numbers of executives are going to jail. An entire industry is shutting down.

For China’s leader, Xi Jinping, it’s all part of the plan.

Under Mr. Xi, China is reshaping how business works and limiting executives’ power. Long in coming, but rapid in execution, the policies are driven by a desire for state control and self-reliance as well as concerns about debt, inequality and influence by foreign countries, including the United States.

Emboldened by swelling nationalism and his success with Covid-19, Mr. Xi is remaking China’s business world in his own image. Above all else, that means control. Where once executives had a green light to grow at any cost, officials now want to dictate which industries boom, which ones bust and how it happens. And the changes offer a glimpse of Mr. Xi’s vision for managing the economy, ahead of a political meeting expected to solidify his plans for an unprecedented third term in charge.

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Posted in China, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Politics in General

(NYT front page) Inflation Warning Signs Flash Red, Posing Challenge for Washington

The Federal Reserve’s preferred gauge of inflation climbed in August at the quickest pace in 30 years, data released on Friday showed, keeping policymakers on edge as evidence mounts that rapidly rising prices are poised to last longer than practically any of them had expected earlier this year.

The numbers come at a pivotal moment, as inflationary warning signals abound. Used car prices show signs of picking up again, costs for raw goods like cotton and crude oil are increasing and companies continue to experience pain from persistent supply chain disruptions.

That is stoking fears in Washington and on Wall Street that although rapid price gains will eventually fade, the adjustment could drag on for months. A longer burst of inflation raises the chances that consumers will change their expectations and behavior, paving the way for more permanent price increases.

It is a high-stakes juncture for policymakers. The Fed is preparing to withdraw some of its support for the economy soon, but it would prefer to do so only gradually, given the millions of Americans who remain out of work. The White House is trying to pass two big policy packages at the core of President Biden’s economic agenda, and Republicans have begun wielding every new inflation data point as an argument against more federal spending.

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Posted in Consumer/consumer spending, Corporations/Corporate Life, Economy, Federal Reserve, House of Representatives, Politics in General, President Joe Biden, Senate, The U.S. Government

(NYT) ‘Everything Going the Wrong Way’: Dollar Stores Hit a Pandemic Downturn

But dollar stores are not as well equipped for the surreal economy of today, when workers like Ms. Beadling are quitting in protest and a single coronavirus case on a container ship can cause a two-month delay in getting Chinese-made merchandise to the United States.

“This is another case of the pandemic laying bare the underlying vulnerabilities in how we’ve set up our economy,” said Stacy Mitchell, co-director of the Institute for Local Self-Reliance, an advocacy group that is critical of many large corporate retailers.

While just about every retailer is dealing with shipping and distribution problems, the dollar stores may have difficulty passing on the increased costs to price-sensitive customers.

Dollar Tree said it expected as much as $200 million in additional freight costs this year.

Read it all.

Posted in Consumer/consumer spending, Corporations/Corporate Life, Economy, Globalization, Health & Medicine

(Washington Post) Workers are putting on pants to return to the office only to be on Zoom all day

Nick Kneer was excited to go back to the office. After working from home for about a year and a half, Kneer had missed the camaraderie he had with his co-workers at the Ohio-based university library system where he works as a communications coordinator. He was counting down until he could mingle with students and staff again.

But his excitement quickly faded after the reality of in-person work turned out to be far from what he expected.

Instead, to avoid contracting the delta variant, he ended up locked in a “windowless, cinder block room” — his temporary office — attending most of his meetings via Zoom.

“It was definitely a bummer,” he said….

“There’s this weird tension,” said Brian Kropp, chief of HR research for research firm Gartner. “We want everyone back in the office, but we still want everyone to do work by video.

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Posted in Corporations/Corporate Life, Labor/Labor Unions/Labor Market, Science & Technology

(NYT) Home Health Care–Long Hours, Low Pay, Loneliness and a Booming Industry

For 15 years, Yvette Dessin spent long work days with her elderly patients, accompanying them on walks, cooking them meals and bathing those who needed that most intimate kind of care. If a patient died, Ms. Dessin and her adult daughter attended the funeral services to pay their respects.

Ms. Dessin worked up to 60 hours a week as a home health aide, her daughter said, making minimum wage. She often worried about being able to pay the mortgage on her Queens home. She was one of roughly 2.4 million home care workers in the United States — most of them low-income women of color and many of them immigrants — who assist elderly or disabled patients in private residences or group homes.

The industry is in the midst of enormous growth. By 2030, 21 percent of the American population will be at the retirement age, up from 15 percent in 2014, and older adults have long been moving away from institutionalized care. In a 2018 AARP survey, 76 percent of those ages 50 and older said they preferred to remain in their current residence as they age. In 2019, national spending on home health care reached a high of $113.5 billion, a 40 percent increase from 2013, according to the most recent data from the Centers for Medicare and Medicaid Services.

The ranks of home care aides are expected to grow by more than those of any other job in the next decade, according to the Bureau of Labor Statistics. It’s also among the lowest paying occupations on the list.

Read it all from the front page of the business section of yesterday’s NYT.

Posted in Anthropology, Corporations/Corporate Life, Economy, Ethics / Moral Theology, Health & Medicine, Labor/Labor Unions/Labor Market

(Church Times) The UN Climate Change Conference (COP26) is vital, multifaith environment declaration tells world leaders

Governments must take urgent action at the forthcoming COP26 climate summit “to avert the loss, damage, and forced migration threatened by climate change”, a new declaration signed by religious leaders in the UK says.

The Glasgow Multi-Faith Declaration for COP26, released on Monday, says: “We remind governments of their commitments made in Paris in 2015 to limit global warming to 1.5 degrees, and of Article 17 of the Universal Declaration on Bioethics and Human Rights to protect the environment, the biosphere and biodiversity. We call upon them to take the urgent action needed to avert the loss, damage, and forced migration threatened by climate change.

The declaration is signed by 52 faith leaders from Scotland and across the rest of the UK. Anglican signatories include the Primus of the Scottish Episcopal Church, the Most Revd Mark Strange; the Bishop of Bangor and senior bishop in the Church in Wales, the Rt Revd Andy John; and the Bishop of Norwich, the Rt Revd Graham Usher, who is the C of E’s lead bishop on the environment.

The summit is due to take place in November in the Scottish Exhibition and Conference Centre (SECC) in Glasgow. Some campaigners have called for it to be delayed until the spring of 2022 (News, 10 September).

Read it all.

Posted in Climate Change, Weather, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Religion & Culture, Science & Technology

(Local Paper front page) Greenland is a wonderland of ice. Its melting glaciers could seal the Lowcountry’s fate.

All this melting ice raised sea levels across the globe, just as dropping ice cubes into a whisky drink eventually makes a mess. Except some ice cubes in Greenland can be half the size of Manhattan.

There’s more: The Greenland ice sheet is so massive that it generates its own gravity. It pulls the Atlantic Ocean toward it like someone tugging a blanket. South Carolina is at the other end of this blanket, which means that Greenland pulls water away from our coast, lowering our sea level. But as the ice melts, its gravity disperses and its grip loosens. Seas at the far end of the ice’s power slosh back.

That’s one reason sea levels in South Carolina have risen faster than many other places around the globe.

Greenland is 3,000 miles north of Charleston, but this distant land of ice, polar bears and reindeer already has reshaped our coastline. It has made Charleston’s tides higher, our flooding worse. And what happens in Greenland in the future will largely determine the Lowcountry’s fate.

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Posted in * South Carolina, Climate Change, Weather, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Science & Technology

(NPR) COVID19 Vaccine For Kids Ages 5 To 11 Is Safe And Effective, Pfizer Says

The first results from the highly anticipated trial studying the effectiveness and safety of the Pfizer and BioNTech COVID-19 vaccine for children ages 5 to 11 showed promising results.

The pharmaceutical companies said early results of their trial indicate the vaccine is safe for children and establishes a strong antibody response against the virus.

Giving a two-dose regimen of 10 μg (micrograms) administered 21 days apart for children between 5 and 11 years old was well tolerated, according to Pfizer and BioNTech. Side effects were also generally comparable to those of people between the ages of 16 and 25 years old who received the vaccine.

This trial used a smaller vaccine dosage, 10 micrograms, rather than the 30 microgram dose used for people 12 and older. The dosage was selected as the preferred dose for safety and effectiveness in young children.

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Posted in Corporations/Corporate Life, Drugs/Drug Addiction, Health & Medicine, Science & Technology

(DW) UN: Pandemic did not slow advance of climate change

The UN released a report on Thursday warning that the COVID-19 pandemic has not slowed the pace of climate change.

Virus-related economic slowdown and lockdowns caused only a temporary downturn in CO2 emissions last year, the World Meteorological Organization (WMO) said.

“There was some thinking that the COVID lockdowns would have had a positive impact on the atmosphere, which is not the case,” WMO Secretary-General Petteri Taalas said at a news briefing.

The United in Science 2021 report, which gathers the latest scientific data and findings related to climate change, said global fossil-fuel CO2 emissions between January and July in the power and industry sectors were already back to the same level or higher than in the same period in 2019, before the pandemic.

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Posted in Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Politics in General, Science & Technology

(WSJ front page) Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show

Eva Behrens, a 17-year-old student at Redwood High School in Marin County, Calif., said she estimates half the girls in her grade struggle with body-image concerns tied to Instagram. “Every time I feel good about myself, I go over to Instagram, and then it all goes away,” she said.

When her classmate Molly Pitts, 17, arrived at high school, she found her peers using Instagram as a tool to measure their relative popularity. Students referred to the number of followers their peers had as if the number was stamped on their foreheads, she said.

Now, she said, when she looks at her number of followers on Instagram, it is most often a “kick in the gut.”

For years, there has been little debate among medical doctors that for some patients, Instagram and other social media exacerbate their conditions. Angela Guarda, director for the eating-disorders program at Johns Hopkins Hospital and an associate professor of psychiatry in the Johns Hopkins School of Medicine, said it is common for her patients to say they learned from social media tips for how to restrict food intake or purge. She estimates that Instagram and other social-media apps play a role in the disorders of about half her patients.

“It’s the ones who are most vulnerable or are already developing a problem—the use of Instagram and other social media can escalate it,” she said.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, Science & Technology, Teens / Youth, Women

(Unherd) Giles Fraser–Our spending on longevity research belies our faulty understanding of death

Death was once — potentially, at least — an expression of some ultimate triumph. Now it is the bitter failure of our technology. And whatever we spend on it, no amount of money will overcome this gap.

Death, then, is the political issue we are not talking about. Even after the pandemic, when the daily death figures were broadcast on every news broadcast, we continue to say little about death other than making the uncritical assumption it is always to be avoided.

And so we are sleepwalking into a state of affairs in which the young will resent the elderly for the burden they place upon them. Of course, we should support the generous funding for social care. What we ought to be challenging is whether the medical technologies that are keeping us alive for ever longer complement our understanding of what human existence is for.

But I see little appetite for that. In a secular society, we have few intellectual or cultural resources to challenge the pervasiveness of more-ism. And to live deeper, more meaningful lives is not the same as living longer ones.

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Posted in Anthropology, Corporations/Corporate Life, Death / Burial / Funerals, Economy, Eschatology, Science & Technology, Secularism

(MIT Tech Review) Meet Altos Labs, Silicon Valley’s latest wild bet on living forever

Last October, a large group of scientists made their way to Yuri Milner’s super-mansion in the Los Altos Hills above Palo Alto. They were tested for covid-19 and wore masks as they assembled in a theater on the property for a two-day scientific conference. Others joined by teleconference. The topic: how biotechnology might be used to make people younger.

Milner is a Russian-born billionaire who made a fortune on Facebook and Mail.ru and previously started the glitzy black-tie Breakthrough Prizes, $3 million awards given each year to outstanding physicists, biologists, and mathematicians. But Milner’s enthusiasm for science was taking a provocative and specific new direction. As the scientific sessions progressed, experts took the stage to describe radical attempts at “rejuvenating” animals.

That meeting has now led to the formation of an ambitious new anti-aging company called Altos Labs, according to people familiar with the plans. Altos is pursuing biological reprogramming technology, a way to rejuvenate cells in the lab that some scientists think could be extended to revitalize entire animal bodies, ultimately prolonging human life.

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Posted in Anthropology, Corporations/Corporate Life, Science & Technology

(NYT) Big Tech Has Outgrown This Planet

The already bonkers dollars of Big Tech have become even bonkers-er.

My colleagues and I have written a lot about the unreal sales, profits and oomph of America’s five technology titans — Apple, Microsoft, Google, Amazon and Facebook. This might feel like old news. Tech’s Titanic 5 have been big and rich for a long time, and they’ve gotten even more so as people and organizations have needed their products during the coronavirus pandemic. Yadda, yadda, yadda. We get it.

But no, we really don’t get it. American’s technology superstars have launched into a completely different stratosphere than even other wildly successful companies in tech and beyond.

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Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, Globalization, Science & Technology

Martyn Minns–Pittsburgh ad clerum on anti-social media

Today we are living with instant messaging in which many people document their every thought – almost in real time – on various social media platforms. There is no time to reflect on the impact of their words on the unsuspecting world. When they are feeling angry or hurt, social media is ready 24 hours a day to pass along the pain-filled sentiments to everyone. This is already generating unprecedented levels of depression and self-harming behavior among teenagers – both boys and girls. I have witnessed the potential for serious damage with our own grandchildren.

When I was a child – light years ago – we had a childhood chant: “Sticks and stones may break my bones, but words shall never hurt me!” It was intended to increase resiliency and avoid physical retaliation, but, sadly, it is simply not true. Hurtful words – uttered in person or via social media – can leave deep wounds long after physical scars might have healed. By way of response to this reality, our son and his wife have not only restricted the hours that social media is available in their home but also denied their 15-year-old son his own mobile phone – over considerable protestations!

I readily admit that the social media explosion has produced remarkable benefits. We are able to communicate with friends and family in ways that we never imagined. Angela serves as our family social media queen and stays in regular contact with our children, grandchildren, great-grandchildren, and our rapidly growing global extended family. She passes along photographs, family news, and prayer needs, and because of her good efforts, we have stayed well connected throughout the pandemic lock down. We have even located high school friends with whom we had lost contact. I am also able to learn a great deal about the various clergy and churches that I now serve as interim bishop, because I can read through their websites and social media posts. But there is a dark side to all of this.

Read it all.

Posted in --Social Networking, Anthropology, Blogging & the Internet, Corporations/Corporate Life, Ethics / Moral Theology, Language, Pastoral Theology, Psychology, Science & Technology, Theology

(Goulburn Post) Anglican Bishop of Canberra/Goulburn speaks up on Jerrara Power plan

The Reverend Davies was one of 15 members of the community, many of them from Bungonia, to speak during open forum.

He said he wasn’t from Bungonia but “breathed the same air.” In addition, parishioners in the area were “very distressed about the proposal to process up to 330,000 tonnes annually of Sydney’s waste in the rural zone. The Reverend Davies took the matter to Dr Short, who wrote that he had become keenly aware of the importance of environment and air quality, particularly to Goulburn Mulwaree residents.

“This was highlighted in the lead-up to Christmas, 2019 when we were unable to go ahead with an outdoors carols program because of the impact of smoke from the bushfires,” he wrote.

Dr Short noted Jerrara Power’s scoping report had mentioned residents’ concerns about air quality, health and drinking water impacts associated with industry, including quarries in Goulburn Mulwaree.

“Noting the concerns that are acknowledged here and the fact that the vast majority of waste to be processed at the facility would come from outside the local government area, I support any process that would allow the interests and concerns of local residents to be fully heard and evaluated,” the letter stated.

Read it all.

Posted in Anglican Church of Australia, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Politics in General, Religion & Culture

(C of E) Alan Smith announced as next First Church Estates Commissioner

Alan Smith, Senior Advisor – ESG (Environmental, Social and Governance) Risk and Inclusion, and former Global Head of Risk Strategy at HSBC, is to be the next First Church Estates Commissioner, Downing Street announced today. Alan has also been a Church Commissioner since 2018.
The First Church Estates Commissioner chairs the Church Commissioners’ Assets Committee, a statutory committee responsible for the strategic management of the Church Commissioners’ £9.2 billion investment portfolio.

The Archbishop of Canterbury, Justin Welby, Chair of the Commissioners’ Board of Governors, said: “I am delighted that Alan has chosen to use his skills and experience to serve the Church and greatly look forward to working with him. Climate change is the most urgent challenge we face, and Alan’s knowledge of environmental issues and risk management will be critically important for the Commissioners’ work. I’d also like to thank Loretta Minghella for her hard work and leadership during her time at the Church Commissioners.”

The Archbishop of York, Stephen Cottrell, said: “We are pleased that Alan will succeed Loretta. Alan’s experience as a Commissioner and his role on the Commissioners’ Audit & Risk Committee means he’s extremely well suited for this leadership role.”

Read it all.

Posted in Church of England (CoE), Corporations/Corporate Life, Ecology, Economy, England / UK, Ethics / Moral Theology, Globalization, Religion & Culture, Stock Market

(NYT) Facebook’s Next Target: The Religious Experience

Months before the megachurch Hillsong opened its new outpost in Atlanta, its pastor sought advice on how to build a church in a pandemic.

From Facebook.

The social media giant had a proposition, Sam Collier, the pastor, recalled in an interview: to use the church as a case study to explore how churches can “go further farther on Facebook.”

For months Facebook developers met weekly with Hillsong and explored what the church would look like on Facebook and what apps they might create for financial giving, video capability or livestreaming. When it came time for Hillsong’s grand opening in June, the church issued a news release saying it was “partnering with Facebook” and began streaming its services exclusively on the platform.

Beyond that, Mr. Collier could not share many specifics — he had signed a nondisclosure agreement.

Read it all.

Posted in --Social Networking, Blogging & the Internet, Corporations/Corporate Life, Religion & Culture

(LA Times front page) Dire Climate Predications Are Becoming Real Around Globe

More unprecedented heat waves also could be in store, like those experienced this month in the Pacific Northwest, where hundreds of people are believed to have died from the extreme temperatures, and Russia’s Siberia, where nearly 200 separate forest fires have choked the region in smoke that has since drifted to Alaska.

“All of this was predicted in climate science decades ago,” said John P. Holdren, a professor of environmental policy at Harvard’s John F. Kennedy School of Government. “We only had to wait for the actual emergence in the last 15 to 20 years. Everything we worried about is happening, and it’s all happening at the high end of projections, even faster than the previous most pessimistic estimates.”

Scientists and environmental activists are in a race to persuade the world to reduce greenhouse gas emissions by enough to prevent global temperatures from rising more than 2.7 degrees Fahrenheit above preindustrial levels. Failure to do so could result in massive disruptions such as famine and widespread coastal flooding. Time is short: Global temperatures have already risen on average by 2.16 degrees Fahrenheit since 1880.

Last week, the European Union proposed sweeping legislation aimed at cutting emissions by more than half of 1990 levels by 2030 through the phasing out of gasoline and diesel cars and the imposition of tariffs on imports from polluting countries. The plan poses formidable challenges for the 27-country bloc, including trade tensions and a political backlash from those who deny climate change is happening.

Read it all.

Posted in Climate Change, Weather, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Politics in General, Science & Technology

(NYT) Americans’ Medical Debts Are Bigger Than Was Known, Totaling $140 Billion

Americans owe nearly twice as much medical debt as was previously known, and the amount owed has become increasingly concentrated in states that do not participate in the Affordable Care Act’s Medicaid expansion program.

New research published Tuesday in JAMA finds that collection agencies held $140 billion in unpaid medical bills last year,. An earlier study, examining debts in 2016, estimated that Americans held $81 billion in medical debt.

This new paper took a more complete look at which patients have outstanding medical debts, including individuals who do not have credit cards or bank accounts. Using 10 percent of all credit reports from the credit rating agency TransUnion, the paper finds that about 18 percent of Americans hold medical debt that is in collections.

The researchers found that, between 2009 and 2020, unpaid medical bills became the largest source of debt that Americans owe collections agencies. Overall debt, both from medical bills and other sources, declined during that period as the economy recovered from the Great Recession.

Read it all.

Posted in Corporations/Corporate Life, Ethics / Moral Theology, Health & Medicine, Personal Finance & Investing

(NYT) Cape Cod restaurant shuts down for a ‘day of kindness’ after customers make its staff cry

But since restaurants in the state were allowed to fully reopen on May 29, the treatment of the Apt Cape Cod’s 24 employees, many of whom are young and who include the couple’s two children, had gotten worse.

“It’s like abuse,” she said. “It’s things that people are saying that wouldn’t be allowed to be on TV because they would be bleeped. People are always rude to restaurant workers, but this far exceeds anything I’ve seen in my 20 years.”

Felt Castellano, 39, said that some customers had assumed that it would be business as usual, but had not grasped that restaurants were still grappling with staffing and supply shortages. That can mean that wait times are longer and that some items on the menu are not available, which she said has been a source of some of the verbal abuse toward the restaurant’s employees. When a group of diners didn’t get the table that they had requested, she said, they threatened to sue.

“I would say that it is its own epidemic,” she said.

The restaurant’s Facebook post resonated with many people online, who condemned the boorish behavior.

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Posted in Consumer/consumer spending, Corporations/Corporate Life, Dieting/Food/Nutrition, Labor/Labor Unions/Labor Market, Psychology

(Bloomberg) Big Technology Is Gearing Up for a Massive Fight With Modi’s India

India is growing increasingly assertive in its efforts to control online communications, challenging Twitter and Facebook’s practices and threatening to set a precedent that could extend far beyond its borders.

The largest U.S. internet firms are fighting new Intermediary rules issued by Narendra Modi’s government in February that they say curtail privacy and free speech. Officials have demanded Facebook Inc. and Twitter Inc. take down hundreds of posts this year, divulge sensitive user information and submit to a regulatory regime that includes potential jail terms for executives if companies don’t comply.

While the administration’s push to exert more control over user data and online discourse reflects efforts globally to come to grips with tech giants and their enormous influence, the stakes in India are particularly high for internet firms because — shut out of China — it’s the only billion-people market up for grabs. Unlike authoritarian regimes such as Beijing, critics fear actions taken by the world’s largest democracy could offer a template for other governments to encroach on personal privacy in the name of domestic security.

“India has introduced draconian changes to its rules,” the Electronic Frontier Foundation wrote in April. They “create new possibilities for government surveillance of citizens. These rules threaten the idea of a free and open internet built on a bedrock of international human rights standards.”

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Posted in Corporations/Corporate Life, Economy, Ethics / Moral Theology, India, Law & Legal Issues, Politics in General