The former problem is remedied with fossil fuel fertilizer; the latter is remedied not at all.What was once a regional food economy is now national and increasingly global in scope thanks again to fossil fuel. Cheap energy for trucking food as well as pumping water is the reason New York City now gets its produce from California rather than from the “Garden State” next door, as it did before the advent of Interstate highways and national trucking networks. More recently, cheap energy has underwritten a globalized food economy in which it makes (or rather, made) economic sense to catch salmon in Alaska, ship it to China to be filleted and then ship the fillets back to California to be eaten; or one in which California and Mexico can profitably swap tomatoes back and forth across the border; or Denmark and the United States can trade sugar cookies across the Atlantic.
“Small businesses have always underspent [on advertising] because they didn’t have a lot of resources,” said Andrew Whitman, managing partner of 2x Consumer Growth Partners, an investment firm that provides growth capital for small consumer packaged goods companies. However, “the new media world has in many ways leveled the playing field. Now not spending a lot of money can get them something.
The Court of Arbitration for Sport was scheduled to issue a verdict Thursday July 21, 2016 in the case of 68 Russian track and field athletes seeking to overturn the ban imposed by the IAAF following allegations of state sponsored doping and cover ups. Russia lost the appeal against an Olympic ban on its track and field athletes Thursday (AP Photo/David J. Phillip).
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