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Climate Camp Aotearoa Newsletter

The first Climate Camp in Aotearoa is going to take place at...

Moonshine park, Upper Hutt!

So get your camping gear together and get ready for a week of goodness...

Education, sustainable living, direct action and great people

The site is perfect, close to public transport, trees for shelter and shade, visible from the motorway and within half an hour of the city.

Get it from http://www.postcarbon.org/new-site-files/Reports/Searching_for_a_Miracle...

"The fundamental disturbing conclusion of the report is that there is little likelihood that either conventional fossil fuels or alternative energy sources can reliably be counted on to provide the amount and quality of energy that will be needed to sustain economic growth—or even current levels of economic activity—during the remainder of the current century. This preliminary conclusion in turn suggests that a sensible transition energy plan will have to emphasize energy conservation above all. It also raises questions about the sustainability of growth per se, both in terms of human population numbers and economic activity."

People lose their houses when the special low interest rate they were paying gets reset to the real rate. The scam that's been running in the US lately is that people would would hope to on-sell the houses before the rate reset, and reap the capital gains. It all goes to custard when they can't on-sell (for more than they paid), as is happening now. They're left paying a mortgage that they used to be able to afford, but when the rate resets they cannot.