“Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all.”
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Frack-happy, Trump-supporting North Dakota probably isn’t the first place you would expect to find a working model, but since 1919, the state has used the Bank of North Dakota to finance everything from student loans to sewer upgrades and small business loans. The bank just posted its thirteenth consecutive year of record profits, earning more than $136 million in 2016. And unlike at a big private bank, that money goes right back into investing in the people, rather than into investors’ pockets.
At a secret location in the rolling pasture of west Devon lies a marshy patch of farmland protected by £35,000-worth of solar-powered electric fencing. This isn’t to keep people out but to restrain the tree-chomping, river-damming residents of these three hectares. Outside the fence is a typical small valley, with a trickle of a stream, willow thickets and pasture grazed by cattle. Inside the enclosure, the tiny stream has been blocked by 13 dams, creating pools and half-metre-wide canals. These have been built by Britain’s newest wild mammal, the beaver, which uses its waterways like we do – to transport goods. And as the beavers have coppiced trees, the willow thicket has been replaced with sunny glades of wild flowers – marsh thistles, watermint, meadowsweet – which dance with dragonflies and butterflies.
Photograph: Alamy Stock Photo
Penda, collaborating with wood consultants from CLT-brand Tmber, has unveiled the design of ‘Tree Tower Toronto,’ an 18-story timber-framed mixed-use residential skyscraper for Canada’s largest city. Drawing inspiration from the distinctly Canadian traditional modular construction, including Moshe Safdie’s iconic Habitat 67, the tower is envisioned as a new model of sustainable high-rise architecture that can establish a reconnect urban areas to nature and natural materials.
Even a single urban tree can help moderate wind speeds and keep pedestrians comfortable as they walk down the street, according to a new University of British Columbia study that also found losing a single tree can increase wind pressure on nearby buildings and drive up heating costs.
Ties in with The Hidden Life of Trees by Peter Wohlleben (definitely worth reading) where he discusses how trees in a forest create their own micro-climate and provide each other with physical support against wind and storms. But also read where he discusses the plight of urban trees forced to live without the forest community that they evolved for.
Today, the drug-running and dumping are contained, new residents are moving in, and the enclave is considered an example, both regionally and nationally, of how a community can organize itself and choose the future its residents want. Blocks of houses, some old, some renovated, some looking brand new radiate out from the renovated former fire station and boxing gym that’s the headquarters for the Ivanhoe Neighborhood Council, which drives the revitalization efforts. Next door is a small park with a playgrou
The battery-driven carrier was created by technology group Kongsberg and fertiliser specialist Yara. It will initially be operated as a manned vessel before moving to remote operations in 2019 and performing fully autonomous operations from 2020.
Ship will replace 100 trucks per day – good for economy, good for company, good for environment, bad for drivers being laid off. Need to address the negatives, not just enjoy the positives.
You look in your history-books to see who built Westminster Abbey, who built St Sophia at Constantinople, and they tell you Henry Ill, Justinian the Emperor. Did they? Or, rather, men like you and me, handicraftsmen, who have left no names behind them, nothing but their work?
William Morris, “The Lesser Arts” (1878) quoted in “VISTA – the culture and politics of gardens”
Wall Street giant Bank of America Merrill Lynch has picked Dublin as the preferred location of its EU hub, joining a growing number of international financial groups to outline initial plans for how they plan to deal with the fallout from Brexit.
Speaking to The Irish Times in Dublin on Friday, group chief executive Brian Moynihan said this will result in the bank’s existing Irish subsidiary merging with its current most important EU banking unit, based in London.
It will also involve the group setting up an EU trading operation, or broker-dealer, in the Republic, which will require separate Central Bank approval, he said.
The QLINE M-1 light rail line is scheduled to finally open in Detroit this weekend, with a full weekend of festivities to celebrate. The line will permanently connect several major destinations in greater downtown Detroit, and improve access to jobs and services for thousands of residents along the corridor. The project has already catalyzed more than $1 billion in real estate investment along the corridor. All told, the economic impact of transit-oriented development is expected to top $3.5 billion with
It’s pretty amazing how ridiculously large the US economy is, and the map above helps put America’s GDP of $18 trillion in 2015 into perspective by comparing the GDP of US states to other country’s entire national GDP. For example: 1. America’s largest state economy is California, which produced $2.46 trillion of economic output in 2015, just slightly above the GDP of France during the same period of $2.42 trillion. Consider this: California has a workforce of about 19 million compared to an employment ….
James McCarthy has 30+ years in finance and private equity, corporate structuring and work-outs, and raising debt and equity as an investor, lender, investment manager, portfolio manager, financial advisor, corporate consultant, work-out consultant, and city planner. Clients have included domestic and offshore institutional investors, investment funds, hedge funds, high net worth investors, and private companies. I hold an MBA from Columbia University and a Master of City & Regional Planning from Rutgers University.
Special interests include green and sustainable design, resilience, passive energy design, waterfront, walkability, transit-oriented design, affordable housing, high-quality and innovative architecture and construction technology, mixed-use development, and the inclusion of public spaces and landscape architecture.