| Headline |
Author |
Published |
Section |
Must read CIBC report: $7 per gallon gas by 2010 Ten million cars off the road, 1970s style GDP growth |
Joseph Romm |
26 Jun 2008 |
Gristmill |
| CIBC World Markets has just released a stunning yet detailed economic analysis of near-term oil prices and impacts. The PDF has some excellent figures I will convert to JPEGs. The two key pieces are 'Getting off the Road -- Adjusting to $7 per Gallon Gas in America' (PDF) and 'Oil and Growth -- That 70s show Re-Run' (PDF). Main points: 'That additional 200,000 barrels per day pledged from Saudi Arabia is a pittance compared to the four million barrels per day ... |
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| Topics: cars, economy, energy, gas prices, oil (all these topics) |
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Speculating about speculators Cornucopian thinking about oil |
Jon Rynn |
26 Jun 2008 |
Gristmill |
| There seems to be a disturbing tendency in the progressive community to blame speculators for most, if not all, of the increase in oil prices. In its most extreme form, the implication seems to be that the supply of oil is virtually limitless, and that only financial manipulation is to blame. Ironically, this mirrors the views of many mainstream economists, who have what is sometimes called a cornucopian view of the world. Julian Simon was the ultimate spokesperson for t ... |
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| Topics: economy, energy, fossil fuels, oil, oil and gas drilling (all these topics) |
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Business sense BP, Shell, Airbus, and other multinationals call for 50 percent emission cuts by 2050 |
Sara Barz |
25 Jun 2008 |
Gristmill |
| The CEOs of 100 large multinational corporations -- including companies from carbon-intense industries -- have signed a World Economic Forum statement [PDF] that calls on the G8 to create a strategy to cut global greenhouse-gas emissions by at least 50 percent by 2050. The G8 will be meeting in Japan next month, and Japanese Prime Minister Yasuo Fukuda will be pushing hard for an agreement on climate change. Notable signatories to the statement: Airbus, British Airways, ... |
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| Topics: business, climate, economy, G8 (all these topics) |
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McKinsey on the economics of solar Business consulting firm projects robust growth for solar and grid parity in many locations by 2020 |
David Roberts |
24 Jun 2008 |
Gristmill |
| McKinsey has a great new analysis piece: 'The economics of solar power.' Overall it's extremely optimistic, saying that despite uncertainties around technology and policy, growth in the solar sector is all but certain to be robust. Here's a interesting chart. The size of the yellow ball is the size of the solar market in TWh. The upper right of the chart is 'grid parity' -- i.e., solar electricity selling for roughly the same price as fossil electricity. Notice tha ... |
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| Topics: economy, energy, renewable energy, solar thermal power, solar voltaic power (all these topics) |
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Big Three on credit watch S&P cites automakers' cashflow concerns |
Michael Moynihan |
23 Jun 2008 |
Gristmill |
| Originally posted at the NDN Blog. While news about high fuel prices this past week centered on disingenuous calls by President Bush and others to drill our way out of the crisis, perhaps the most significant -- and ominous event -- was the barely publicized action by S&P Friday to place the Big Three U.S. automakers on a credit watch. In taking the action, S&P cited 'renewed concerns about the three car makers' future cash flows.' Given Ford's ... |
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| Topics: Big Auto, business, cars, economy, electric vehicles, fuel efficiency (all these topics) |
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Sustainable economy 101 Lessons from Europe and Japan |
Jon Rynn |
23 Jun 2008 |
Gristmill |
| The following article appeared in Foreign Policy in Focus, and was reposted at commondreams.org. When New York City wanted to make the biggest purchase of subway cars in U.S. history in the late 1990s -- more than $3 billion worth -- the only companies that were able to bid on the contract were foreign. The same problem applies to high-speed rail today: Only European or Japanese companies can build any of the proposed rail networks in the United States. The U.S. has als ... |
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| Topics: business, economy, energy, greenish companies, renewable energy, solar thermal power, solar voltaic power, wind power (all these topics) |
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350 or bust The 350ppm challenge to U.S. environmental organizations and the importance of McKibben's 350.org |
Ken Ward |
19 Jun 2008 |
Gristmill |
| Bill McKibben spoke about 350.org recently at the Jamaica Plain Forum. Coming on the heels of recent talks by Ross Gelbspan, also at the JP Forum, and Jim Hansen, in Lexington, Mass., Bill's talk completed a trifecta of area appearances by climate action patriots. My friend Andrée, who attended all three events, said: 'Hansen has the reserve of a scientist, and the certainty of someone who knows he is right. McKibben is just like his writing -- philosophical, wry ... |
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| Topics: Bill McKibben, climate, economy, environmental movement, grassroots activism, James Hansen, politics (all these topics) |
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Coal credit? NYC comptroller urges scrutiny of tax-free bonds for coal-fired power plants |
Frank O'Donnell |
18 Jun 2008 |
Gristmill |
| It hasn't made big news yet outside of specialty publications such as Bond Buyer. But a call this week by New York City Comptroller William C. Thompson could cast a new cloud over a half-dozen or more planned new coal-fired electric power plants. Thompson called on the U.S. Treasury Department to investigate the practice of using tax-free bonds to finance new coal plants. In the letter, online at www.comptroller.nyc.gov, Thompson pointed to recent resea ... |
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| Topics: New York City, economy, business, coal (all these topics) |
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Moral obligation, patriotic duty State poll shows Oregonians ready and willing to do what it takes to halt climate change |
Anna Fahey |
17 Jun 2008 |
Gristmill |
| The National research firm Public Opinion Strategies recently conducted a survey of 500 likely Oregon voters to assess views on the issue of climate change and to gauge support for the basic principles of policy measures like the proposed cap-and-trade system in the Lieberman-Warner Act (a.k.a. the Climate Security Act -- legislation that was recently defeated last week in the U.S. Senate, but marked a step forward on national climate policy.) The survey, which presents ... |
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| Topics: cap-and-dividend, carbon trading, climate, economy, energy, greenhouse-gas emissions, Nature Conservancy, Oregon, politics (all these topics) |
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A matter of rust Obama talks up energy plans in the Rust Belt |
Kate Sheppard |
16 Jun 2008 |
Gristmill |
| Barack Obama was in Wayne, Pa., on Saturday, where he highlighted energy costs and the need for new energy policy in a town hall meeting. 'It isn't an accident that gas prices are this high,' the presumptive Democratic nominee told the crowd. 'It's because Washington failed to deal with the challenge of alternative energy when it had the chance. Instead we've had an energy policy that's been written by and for the big oil and gas companies.' Obama impugned Geor ... |
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| Topics: Barack Obama, economy, Michigan, Muckraker, news, Pennsylvania, politics (all these topics) |
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A kind word Will wonders never cease: not only sane economist, but author of a textbook! |
JMG |
16 Jun 2008 |
Gristmill |
| Upon occasion, I've been accused of having, shall we say, an uncharitable attitude towards the self-styled "science" of economics. I firmly believe that not all economists are Dungeons and Dragons geeks in suits or political sycophants whose only talent is covering their guesswork with a fog of intentionally obscure jargon. It's just the 98 percent who give the rest a bad name. However, when one stumbles on one of the rest, it's worth noting. I'm greatly enjo ... |
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| Topics: business, economy, nuclear power, oil (all these topics) |
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In China, we'll win or lose China's emissions are an argument for, not against, America taking action |
Ryan Avent |
16 Jun 2008 |
Gristmill |
| The fight against global warming: China has clearly overtaken the United States as the world's leading emitter of carbon dioxide, the main heat-trapping gas, a new study has found, its emissions increasing 8 percent in 2007. The Chinese increase accounted for two-thirds of the growth in the year's global greenhouse gas emissions, the study found. But here's the kicker: The United States still has a vast lead in carbon dioxide emissions per person. The average ... |
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| Topics: China, climate, economy, greenhouse-gas emissions, international politics (all these topics) |
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GHG policy thoughts, economics edition The goal of climate policy is not high GHG prices |
Sean Casten |
15 Jun 2008 |
Gristmill |
| There's an implicit assumption in much of the climate policy debate that to meaningfully lower greenhouse-gas emissions, we need a high price on carbon. The assumption is wrong. Economics 101 In a market setting, price is a function of supply and demand. For a given commodity, prices will be high when demand outpaces supply and low when supply outpaces demand. Thus oil, for instance, is expensive. And autographed copies of my pen and ink cartoons are cheap ( ... |
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| Topics: carbon trading, climate, economy, energy, greenhouse-gas emissions, renewable energy (all these topics) |
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The price isn't right Nuclear power is expensive |
Joseph Romm |
14 Jun 2008 |
Gristmill |
| In mid-2007, a Keystone Center nuclear report (PDF), funded in part by the nuclear industry estimated capital costs for nuclear of $3600 to $4000/kW including interest. The report notes, 'the power isn't cheap: 8.3 to 11.1 cents per kilo-watt hour.' In December 2007, retail electricity prices in this country averaged 8.9 cents per kwh. Mid-2007 has already become the good old days for affordable nuclear power. Jim Harding, who was on the Keystone Center panel and was ... |
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| Topics: business, climate, economy, energy, nuclear power (all these topics) |
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e360 and states New Yale green site draws attention to state climate efforts |
David Roberts |
13 Jun 2008 |
Gristmill |
| I think various Grist contributors have linked over there a few times already, but I've been remiss in not explicitly noting the debut of environment360, the new online publication from the Yale School of Forestry & Environmental Studies. It's come out of the gate with a bang, with pieces from high-profile writers like Bill McKibben, Elizabeth Kolbert, and Denis Hayes. In particular, check out 'States Take the Lead on Climate,' by Michael Northrop and David Sasso ... |
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| Topics: Bill Mckibben, climate, economy, politics, state politics (all these topics) |
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VJ
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David Roberts |
12 Jun 2008 |
Gristmill |
| He's good: |
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| Topics: business, economy, green jobs, hotties, TV, Van Jones (all these topics) |
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Action on Solar Investment Tax Credit Delayed Lack of credit threatens solar industry |
Michael Moynihan |
11 Jun 2008 |
Gristmill |
| Originally posted at the NDN Blog. The failure of the Senate to obtain cloture on the Solar Investment Tax Credit -- coming on the heels of the collapse of climate change legislation last Friday -- should send a wake up call to the environment and clean technology communities that a new more forceful strategy is needed to make progress on climate change and energy independence. At a moment when the U.S. economy is suffering from the effects of a full blown oil sh ... |
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| Topics: business, climate, economy, energy, legislation, politics (all these topics) |
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What he said Words of wisdom from 40 years ago |
Andrew Dessler |
11 Jun 2008 |
Gristmill |
| Robert F. Kennedy, 1968:We will find neither national purpose nor personal satisfaction in a mere continuation of economic progress, in an endless amassing of worldly goods. We cannot measure national spirit by the Dow Jones Average, nor national achievement by the Gross National Product. For the Gross National Product includes air pollution, and ambulances to clear our highways from carnage. It counts special locks for our doors and jails for the people who break the ... |
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| Topics: politics, economy (all these topics) |
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China ...
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David Roberts |
10 Jun 2008 |
Gristmill |
| ... is heading for a wall.In the debate over climate and sustainable development, people often talk about China as though it is some sort of rapacious automaton, blindly dedicated to growing its economy no matter the cost. But while I've never been to China, I'm told it's filled with intelligent people. They know how to read -- for instance, how to read reports saying they're on track to exhaust their natural resources in the next couple of decades. Presumably the Chin ... |
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| Topics: China, economy, politics (all these topics) |
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Ne Gus ultra Gus Speth chats about his new book and increasingly radical green views |
David Roberts |
10 Jun 2008 |
Gristmill |
| Gus Speth. When Gus Speth gets radical, it's time to start digging bunkers. For more than 30 years, Speth has labored as the consummate environmental insider, having founded an environmental think tank (World Resources Institute), co-founded a major green group (Natural Resources Defense Council), advised a president (Clinton), administered a United Nations agency (U.N. Development Program), and taught in the high echelons of American academia (Georgeto ... |
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| Topics: books, climate, economy, environmental movement, greenhouse-gas emissions, interview (all these topics) |
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Energy prices
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David Roberts |
09 Jun 2008 |
Gristmill |
| Conservatives want to terrify voters at the prospect of climate policy raising energy prices. Meanwhile: 'Wealth Evaporates as Gas Prices Clobber McMansions.' How long will we stay on this sinking ship? |
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| Topics: climate change mitigation, economy, energy, gas prices, messaging, politics (all these topics) |
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Cause and effect
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David Roberts |
05 Jun 2008 |
Gristmill |
| Here's a sentence from a new story in the WSJ: The second-poorest state in the nation based on household income, West Virginia counts on coal to support its economy. May I suggest a rewrite? West Virginia counts on coal to support its economy; as a consequence, it is the second-poorest state in the nation based on household income. |
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| Topics: coal, economy, energy, West Virginia (all these topics) |
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Calling all economists Are the CGE models useful for predicting the effects of climate policy? |
Clark Williams-Derry |
05 Jun 2008 |
Gristmill |
| Photo: StuSeeger via Flickr. My pal Peter Dorman is looking for answers: Does the class of economic forecasting tools known as 'computable general equilibrium models' (aka CGE models) have any documented track record of success? This may seem like an arcane point, but it's quite relevant to climate policy. Government agencies throughout North America are using CGE models to forecast the economic impacts of various cap-and-trade proposals. But many academic ... |
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| Topics: business, carbon trading, climate, economy (all these topics) |
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A tool in the toolbox Richard Revesz responds to Lisa Heinzerling, defending cost-benefit analysis |
Guest author |
05 Jun 2008 |
Gristmill |
| This is a guess essay from Richard L. Revesz, dean of New York University School of Law and co-author, with Michael A. Livermore, of Retaking Rationality: How Cost-Benefit Analysis Can Better Protect the Environment and Our Health, published by Oxford University Press. It continues a dialogue with professor Lisa Heinzerling: see Revesz's initial post and Heinzerling's response. ----- Cost-benefit analysis, correctly applied to many environmental problems, will show ... |
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| Topics: economy, environmental movement, health, messaging (all these topics) |
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Brit's Eye View: Sustaining sustainability Can sustainability survive the recession? |
Ben Tuxworth |
05 Jun 2008 |
Gristmill |
| Ben Tuxworth, communications director at Forum for the Future, writes a monthly column for Gristmill on sustainability in the U.K. and Europe. ----- What will the recession mean for sustainability? With the U.S. subprime tsunami still breaking on Britain's shores, house prices in freefall, and several major financial institutions in trouble, it's becoming a hot topic in the U.K. now, with pundits wading in on both sides. Media framing has a tendency ... |
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| Topics: United Kingdom, economy (all these topics) |
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