Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
US Coronavirus Trend Trajectory Forecast Current State - 7th Apr 20
Boris Johnson Fighting for his Life In Intensive Care - UK Coronavirus Crisis - 7th Apr 20
Precious Metals Are About To Reset Like In 2008 – Gold Bugs, Buckle Up! - 7th Apr 20
Crude Oil's 2020 Crash: See What Helped (Some) Traders Pivot Just in Time - 7th Apr 20
Was the Fed Just Nationalized? - 7th Apr 20
Gold & Silver Mines Closed as Physical Silver Becomes “Most Undervalued Asset” - 7th Apr 20
US Coronavirus Blacktop Politics - 7th Apr 20
Coronavirus is America's "Pearl Harbour" Moment, There Will be a Reckoning With China - 6th Apr 20
Coronavirus Crisis Exposes Consequences of Fed Policy: Americans Have No Savings - 6th Apr 20
The Stock Market Is Not a Magic Money Machine - 6th Apr 20
Gold Stocks Crash, V-Bounce! - 6th Apr 20
How Can Writing Business Essay Help You In Business Analytics Skills - 6th Apr 20
PAYPAL WARNING - Your Stimulus Funds Are at Risk of Being Frozen for 6 Months! - 5th Apr 20
Stocks Hanging By the Fingernails? - 5th Apr 20
US Federal Budget Deficits: To $30 Trillion and Beyond - 5th Apr 20
The Lucrative Profitability Of A Move To Negative Interest Rates - Pandemic Edition - 5th Apr 20
Visa Denials: How to avoid it and what to do if your Visa is denied? - 5th Apr 20 - Uday Tank
WARNING PAYPAL Making a Grab for US $1200 Stimulus Payments - 4th Apr 20
US COVID-19 Death Toll Higher Than China’s Now. Will Gold Rally? - 4th Apr 20
Concerned That Asia Could Blow A Hole In Future Economic Recovery - 4th Apr 20
Bracing for Europe’s Coronavirus Contractionand Debt Crisis - 4th Apr 20
Stocks: When Grass Looks Greener on the Other Side of the ... Pond - 3rd Apr 20
How the C-Factor Could Decimate 2020 Global Gold and Silver Production - 3rd Apr 20
US Between Scylla and Charybdis Covid-19 - 3rd Apr 20
Covid19 What's Your Risk of Death Analysis by Age, Gender, Comorbidities and BMI - 3rd Apr 20
US Coronavirus Infections & Deaths Trend Trajectory - How Bad Will it Get? - 2nd Apr 20
Silver Looks Bearish Short to Medium Term - 2nd Apr 20
Mickey Fulp: 'Never Let a Good Crisis Go to Waste' - 2nd Apr 20
Stock Market Selloff Structure Explained – Fibonacci On Deck - 2nd Apr 20
COVID-19 FINANCIAL LOCKDOWN: Can PAYPAL Be Trusted to Handle US $1200 Stimulus Payments? - 2nd Apr 20
Day in the Life of Coronavirus LOCKDOWN - Sheffield, UK - 2nd Apr 20
UK Coronavirus Infections and Deaths Trend Trajectory - Deviation Against Forecast - 1st Apr 20
Huge Unemployment Is Coming. Will It Push Gold Prices Up? - 1st Apr 20
Gold Powerful 2008 Lessons That Apply Today - 1st Apr 20
US Coronavirus Infections and Deaths Projections Trend Forecast - Video - 1st Apr 20
From Global Virus Acceleration to Global Debt Explosion - 1st Apr 20
UK Supermarkets Coronavirus Panic Buying Before Lock Down - Tesco Empty Shelves - 1st Apr 20
Gold From a Failed Breakout to a Failed Breakdown - 1st Apr 20
P FOR PANDEMIC - 1st Apr 20
The Past Stock Market Week Was More Important Than You May Understand - 31st Mar 20
Coronavirus - No, You Do Not Hear the Fat Lady Warming Up - 31st Mar 20
Life, Religions, Business, Globalization & Information Technology In The Post-Corona Pandemics Age - 31st Mar 20
Three Charts Every Stock Market Trader and Investor Must See - 31st Mar 20
Coronavirus Stocks Bear Market Trend Forecast - Video - 31st Mar 20
Coronavirus Dow Stocks Bear Market Into End April 2020 Trend Forecast - 31st Mar 20
Is it better to have a loan or credit card debt when applying for a mortgage? - 31st Mar 20
US and UK Coronavirus Trend Trajectories vs Bear Market and AI Stocks Sector - 30th Mar 20
Are Gold and Silver Mirroring 1999 to 2011 Again? - 30th Mar 20
Stock Market Next Cycle Low 7th April - 30th Mar 20
United States Coronavirus Infections and Deaths Trend Forecasts Into End April 2020 - 29th Mar 20
Some Positives in a Virus Wracked World - 29th Mar 20
Expert Tips to Save on Your Business’s Office Supply Purchases - 29th Mar 20
An Investment in Life - 29th Mar 20
Sheffield Coronavirus Pandemic Infections and Deaths Forecast - 29th Mar 20

Market Oracle FREE Newsletter

Coronavirus-stocks-bear-market-2020-analysis

Sheffield Street Trees 2017 - Textbook Example of How to Wreck the Environment and Economy

Local / Sheffield Jan 01, 2018 - 04:46 AM GMT

By: Nadeem_Walayat

Local

2017 was the year when the climate change mega-trend made it's presence felt from record breaking global temperatures resulting in deductive giant storms from Hurricanes in the west to Cyclones in the east that have wreaked havoc across the planet, literally destroying every building on many of the smaller Islands hit. However, whilst most recognise the dangers of climate change and are eager to do their bit towards attempting to lessen its unfolding catastrophic consequences of. However in a small provincial corner of England, those in charge of running the city of Sheffield apparently have taken a leaf out of the 'Trumps' book of Ignorance and implemented actions that achieve the exact opposite. One of seeking to destroy the local environment through the actions of felling thousands of big street trees.


2017 was not the start of this street environment damaging plan, merely the continuation and intensification of as my video from mid 2015 illustrates the very beginnings of local alarm at what was happening on many of Sheffield's tree lined streets, formerly Europe's greenest city.

So for the next 18 months or so I watched from the sidelines as Sheffield's tree felling saga unfolded, trying to understand why the Labour city council had gone all 'Trump' on Sheffield's street trees.

Not only did the city council appear ignorant to the environmental damage at a time of climate change warnings, but that virtually everyone was completely oblivious to the economic costs of felling street capital assets that individually had values of between £50k to £150k per large tree. And so at the start of 2017 I decided I am going to do my part in documenting and publicising the Trumpesk behaviour of the Labour city council that looked set to continue felling with even greater intensity during 2017 then which had been reported on by the local media during 2016. For as I warned in my article right at the start of the year that the felling of thousands of mature healthy trees WILL have a detrimental impact of Sheffield's house prices, and that I expected the tree felling's would likely trigger a house prices crash by the end of 2017.

03 Jan 2017 - Sheffield Tree Felling's - Labour City Council Outsourcing Local Democracy to Amey

Which means that the Labour Sheffield city councilors have effectively out sourced themselves out of a job, betraying all those they purport to represent instead having handed power over to a foreign multinational to dictate what happens on Sheffield's streets. Whilst many of the tree campaigners remain unwilling to recognise the fact that it is a Labour council that is doing this to Sheffield, tending to respond that it has nothing to do with politics despite the fact that it is ALL ABOUT POLITICS!

And where Sheffield's trees are concerned, then during 2017 my focus will be on documenting what it means for Sheffield Streets to be stripped bare of the capital value of trees estimated to be worth £150k per large mature tree, as undoubtedly it will have detrimental effects on the value of all properties on the streets and cumulatively amounts to a devaluation of the whole city.

And so I increasingly found myself on the front lines of Sheffield's Tree lined streets both attempting to document and analyse the consequences of the what was taking place.

Whilst early in the year the modus operand of the council's contractor Amey's and its minions of felling sub contractors such as Acorn was not entirely clear. Nevertheless I strongly suspected that they would literally fell streets of EVERY tree that they targeted with their chain saws so as to achieve their arbitrary felling quotas. Which is precisely what came to pass as what happened to this street illustrates.

And as the year progressed I saw the tree campaigners morph into experienced protestors whilst the felling crews were now accompanied by security personal, platoons of bouncers imported from the North accompanying the Arb army imported from the South culminating in a scene that could be straight out of an eastern block totalitarian state as one of my last videos of the year illustrates.

So what has been the consequences of Sheffield's tree felling carnage?

Well it will undoubtedly have a detrimental impact on Sheffield's street environment and the health of Sheffielders as the pollution soaking lungs of many of Sheffield's streets have been removed just when they were needed the most. Whilst in terms of economic damage the house prices crash is coming to pass as Sheffield's house prices have nose dived since mid year, with final data still pending, nevertheless average house prices are likely to end 2017 down 5% on the year, and far worse for those streets stripped of all of their trees.

The response from the councils contractor Amey is that they have planted more replacement saplings then those felled, despite the fact that it usually takes about 200 saplings to replace the mass of each large mature tree felled, and which will take several decades to grow to the heights of the felled tree, time that we just don't have to wait as climate change is NOT going to pause for anyone!

So the damage has been done for nothing will bring back the thousands of felled big street trees just when they are needed the most! But the people of Sheffield can peacefully resist the planned felling of many more lungs of the city during 2018 against the soon to return Arb army from the South accompanied by the Bouncer army from the North. In terms of holding the Labour council to account then the people of Sheffield will be able to make their voice heard at the May 2018 local elections.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2017 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules