While we are trying to find the recipients for the trillions of dollars aimed at reviving an economy bashed by Covid-19, and trying especially hard to make sure that none of it goes to the undeserving, we might consider a way to use that money to go way beyond stimulating the economy to saving the world.
A report by Ernst & Young says Australia could get 3 times the bang for the buck by investing stimulus funds in renewables instead of fossil fuels.
The coal industry is sucking up to Congress in hopes of slashing its contributions to the Black Lung Trust Fund and another fund that pays to clean up abandoned mines.
No doubt — we don’t know how this coronavirus thing is going to play out. We don’t know what the health consequences will end up being, and we don’t know what the short-term, mid-term, and long-term economic results will be.
Toward the end of 2007, US citizens, the US labor force, experienced the troubling onset of an economic downturn. We’re still in a condition of recovery. Through the whole recovery, though, we have been pushed to consider and reconsider our value systems, our modus operandi in terms of economic sustainability … [continued]
With the proposal of the $447 billion ‘American Jobs Act’ to a joint session of Congress Thursday night, President Obama again demonstrated his ability to recognize and zoom in on the key issues and challenges facing the US today. Job creation has become issue Number 1 on the political and public agenda, and with the ‘American Jobs Act,’ Pres. Obama and his administration have wasted no time in crafting a program that appears focused, forward looking, equitable and fiscally responsible.
The DOE announced a clean energy package aimed at jumpstarting offshore wind power development Thursday morning in advance of Pres. Obama’s speech to a joint session of Congress Thursday evening in which he is expected to announce a $300 billion-$400 billion jobs stimulus program.
There has been a ton of money floating out of Washington the past couple of years. Much is going toward propping up state governments with budget shortfalls, helping those who cannot find work by extending unemployment benefits and COBRA health insurance coverage, and a ton of dough is going to … [continued]
