Coal and Natural Gas

Keith Johnson (who is rapidly becoming my favorite explainer of how the energy-environment-economy system works) today discusses the role of the banking industry in pushing us away from coal and toward natural gas.

Weitzman and Ahab

Martin Weitzman’s paper on the economics of catastrophic climate change is rather like Moby Dick – something we all nod to knowing references while we’re secretly saying to ourselves, “WTF? Did you actually understand this?” I actually went so far as to enlist an environmental economist of my acquaintence (being a journalist has its advantages). …

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Biofuel Scam

As if the built in systemic problems associated with the current biofuel push were not enough, here’s a remarkable story from the Guardian in which biodiesel is shipped from Europe to the United States, then back, to qualify for the US biodiesel export subsidy: The “splash and dash” scam involves shipping biodiesel from Europe to …

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