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Friday
Aug222014

CEI Today: Floods + climate change, Labor Day & Big Labor, draconian currency rules, and more 

Friday, August 22, 2014
In the News Today

 

CLIMATE CHANGE + FLOODS - MARLO LEWIS

Globalwarming.org: Increase in Reported UK Floods Due to Population Growth, Not Climate Change – Study

Damages due to hurricanes are not increasing once economic data are adjusted (‘normalized’) for increases in population, wealth, and the consumer price index.

More people with more valuables at higher prices incur greater combined monetary losses when disaster strikes. There is no “greenhouse signal” in properly-adjusted hurricane loss data — no trend reflecting a potential warming-induced increase in hurricane frequency or power.
> Read more

> Interview Marlo Lewis
 


VIRTUAL CURRENCY REGULATION

The Impending BitLicense and Premature Regulations

Last month, the New York State Department of Financial Services (NYDFS) announced its proposed regulations for businesses engaged in “Virtual Currency Business Activity.

 

A prematurely designed set of draconian rules could force Bitcoin businesses to leave New York for good, shutting out a burgeoning industry before it has a chance to develop—and leaving New York behind the rest of the market. > Read more

> Interview an expert

 

 

 

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