Fakenomics Keeps Pulling The USA Backward
I had the title written before I saw this tweet, but it’s a good metaphor for the overall topic:
economics
The End Of Oil & Gas: A Different View
I have come to believe that the end of oil & gas could look very different than what people expect. In ways it could appear even to defy the accepted law of supply and demand. If I am right, loss of demand in the face of continued availability of the resources could drive retail prices up instead of down. And once this process has begun, the consequences could quickly become disruptive.
The Dangers Of Reopening The Economy Too Soon
At the moment, we have had over a quarter million deaths due to covid-19. This death toll will continue to rise until the virus infects everyone and causes millions of deaths, or until we defeat it, either by social distancing and contact tracing, a vaccine, a treatment, or whatever tools we employ, including new technologies. I am personally fascinated by the potential of covid-sniffing dogs.
IMF Advocates For Carbon Assessments
The IMF says a price on carbon is far more effective than government rules and regulations. It recommends a minimum cost of $75 per ton of carbon dioxide.
When Will Renewable Energy Prices Stop Dropping?
Some people have asked when the prices will stop falling. Their understanding is that the decline in price really is unpredictable, and they believe that no definitive answer can be made about what source of energy will be least expensive in the future. In some important ways, they are wrong. The declines are predictable, to a degree.
Fukushima’s Final Costs Will Approach A Trillion Dollars Just For Nuclear Disaster
There’s a reasonable case for an identifiable $800 billion in costs for the nuclear portion of the Fukushima disaster. It’s not hard to see that a 40-year recovery period along with costs excluded from this could add 25% to that without breaking a sweat.
An All-Renewable Grid Is Economically Superior To Mixed Generation
It’s clear that shifting to a renewable economy is viable, will have economic consequences for a subset of industries, and will be economically beneficial in multiple ways.
Cascading Climate Change Events Could Resemble “A Terror Movie” By 2100
23 scientists have done a review of more than 3000 studies about climate change. Using this interdisciplinary approach, they predict many places on Earth will face up to 6 impacts from warming temperatures simultaneously by the end of this century, with potentially disastrous results.
A Market Worth Billions Nobody Seems To Have Noticed (Yet)
Poor rural people, who have been without power and largely left out of economic calculations, are set to become a market force.
BlackRock CEO Calls For Social Justice In Corporate Culture
Laurence Fink, CEO of Black Rock, an investment firm with over $6 trillion in assets under management, has written a letter telling corporate CEOs they must be socially responsible or risk losing their social license to operate.
