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|Articles - January 2014|
|Monday, December 09, 2013|
Page 2 of 5
China and climate change
Amanda Oborne is having trouble sleeping at night. The director of food and farm programs at Ecotrust traces the source of her insomnia to two pending global cataclysms. The first is the roughly 3 billion middle-class Chinese consumers expected to come online in the next 15 years. “We have no concept of how much is going to change when the giant sucking sound coming out of Asia kicks into full gear,” Oborne says.
Ten years ago, China’s building boom led to massive fuel shortages worldwide; next it will be wine, meat and all the other middle-class amenities Americans take for granted. Oborne points to two major developments already reshaping global food production: This past fall, a Chinese company bought Smithfield, the biggest pork producer in the U.S., and legislation now allows companies to ship live chickens from the U.S. to China for processing and then back again. “That’s the first step in a domino effect that will lead Tyson to source chicken from China," Oborne warns. "And we should be really nervous about that because of food-safety issues.”
Climate change is the other global disturbance contributing to Oborne’s “ambient stress levels”: “I joke all the time that Portland is going to be the next San Francisco because our weather is going to be such bliss as climate change takes effect,” she says. Oborne cites a recent University of Hawaii study identifying the date select cities will become uninhabitable because they will be too hot. Doomsday for Los Angeles is 2048; Houston, 2050.
“But the reality is that climate change is not just a matter of an influx of population from California,” Oborne says. “As people get hungry or run out of water, political unrest and violence will escalate.”
From the perspective of many Oregon food processors, skyrocketing Asian demand — and, perhaps, a more propitious growing season — is a positive, Oborne acknowledges. “If you ask Nancy’s Yogurt, Stahlbush Farms — those are great producers whose markets are going to explode.” But 85% of Oregon agriculture is already exported. To protect Oregonians against a “category 5 hurricane, global trade or political meltdown,” Ecotrust aims to carve out a locally owned and "high-functioning” processing and distribution infrastructure, Oborne says. That effort moves beyond farmers markets to encompass "a regional food system strong enough to be resilient regardless of what’s coming down the pike.”
“And what’s coming down the pike is enormous.”
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
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