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Ten things a preeminent environmental economist thinks he knows about green stimulus

Alan Randall, world renowned environmental economist and the man in charge of my raises for the past eight years, has the honor of being named a Fellow of the Association of Environmental and Resource Economists at the Allied Social Sciences Association meetings yesterday in San Francisco (as a result stellar nomination packet by yours truly if I do say so myself--that's worth at least another 5%, right?). 

In his 'acceptance speech', Alan was g...

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Behind IBM's Quest for a 'Smarter Planet'

Over the past few weeks, a series of fascinating full-page ads from IBM Corp. got the better of me. The company launched a series of "Smarter Planet" ads in November, running Mondays in the New York Times, Wall Street Journal, and other publications. They portrayed an image of IBM as a purveyor of solutions to the planet's environmental ills. I wanted to find out what was behind them.

I've long been fascinated with corporate image ads. In a post ...

Recent Posts

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Stavins on green jobs

Environmental Capital on green jobs:

But it’s not at all clear that the number of jobs created by, say, an expanding solar industry would be greater than the number lost through, say, a shrinking coal-mining industry. Nor is it clear that a green economy would be any better at providing work for the chronically unemployed than our present, “gray” economy has been.

When I presented Jones’s arguments to Robert Stavins, a professor of business and go...

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Exclusive analysis, Part 1: The staggering cost of new nuclear power

A new study puts the generation costs for power from new nuclear plants at from 25 to 30 cents per kilowatt-hour — triple current U.S. electricity rates!

This staggering price is far higher than the cost of a variety of carbon-free renewable power sources available today — and ten times the cost of energy efficiency (see “Is 450 ppm possible? Part 5: Old coal’s out, can’t wait for new nukes, so what do we do NOW?“).

nuke-costs.jpgThe new study, Business Risks ...

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Choosing A Priority

The new year brings no shortage of energy concerns, even though oil prices are much lower than last January. Instead of enumerating those that I think merit particular attention, for today I'd like to focus on an over-arching energy policy choice facing the US. The recent flurry of calls for a quick increase in the tax on gasoline highlights the need for us finally to decide whether energy security or climate change constitutes the higher priori...
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Growth of green jobs strong even in weak economy

Even with increasing unemployment, the green sector is going strong.

No one knows precisely how many green jobs exist in the U.S. economy. Estimates range from less than 1 million workers to nearly four times that number. What’s clear is clean industries have been growing rapidly without a lot of help from Uncle Sam. Worldwide, investors poured a record $117.2 billion into alternative energy in 2007, according to the London-based research firm Ne...

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Presenting numbers for energy

There are a lot of numbers thrown around in the conversation about energy efficiency and climate change. I thought it would be worthwhile for us to break down and play with two sets of numbers that people are frequently confronted with — temperature and miles per gallon.  The math to tweak the presentation is [...]
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States push the envelope on nuclear energy

Legislatures are taking a strong role

global-warming-mapMissouri, Oklahoma, and Kentucky are three states which will are grappling with the issue of nuclear energy in 2009. In Missouri, the fate of AmerenUE's proposal for a new nuclear power plant will likely be decided by the state legislature this term. At issue is whether the utility can recover the cost of construction while it is building a new plant. In Oklahoma legislators will look at whether building...

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The best stimulus, Part 1: What is geo-engineering and adaptation and CO2 mitigation all in one?

What wildly underfunded climate solution can achieve all of these goals simultaneously:

  • Slow global warming by increasing the reflectivity of the Earth (geo-engineering)
  • Reduce local temperatures in the hottest cities (adaptation)
  • Reduce fossil CO2 emissions (mitigation)
  • Save U.S. consumers and businesses billions of dollars in energy costs
  • DReduce urban smog and hence cardio-pulmonary disease
  • Create more than 100,000 jobs in two years?

The answer is a...

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How Quickly We Forget

Retail gasoline prices in the U.S. peaked back in July at $4.17 a gallon. (Source: EIA). At the end of 2008, gasoline had fallen to $1.67. We typically use about 140 billion gallons of gasoline each year, so that $2.50 drop amounts to an annualized difference of $350 billion in the pockets of consumers - and into the U.S. economy instead of the economies of Saudi Arabia and Venezuela. Add in the drop in diesel, home heating oil, and jet fuel and...
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Is Toyota developing a purely solar-powered car — or is this a story lost in translation?

prius-solar-lapp-01.jpgAn AP report is generating headlines around the world:

Toyota Motor Corp. is secretly developing a vehicle that will be powered solely by solar energy….

According to The Nikkei, Toyota is working on an electric vehicle that will get some of its power from solar cells equipped on the vehicle, and that can be recharged with electricity generated from solar panels on the roofs of homes. The automaker later hopes to develop a model totally powered by ...

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Where the (Brick) Sidewalk Ends

I was in Harvard Square one evening last fall when I light rain began falling. A girl dashed out of a convenience store doorway, hurrying for an unknown reason. Turning the corner she abruptly slipped and fell on the brick sidewalk. No quicker than she had fallen she jumped up, unhurt, to continue on her way. Yesterday in Downtown Crossing, a man using crutches slipped on wet and snowy brick just as I left my office. These incident are repeated ...

Weekly Highest Rated

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Climate Progress’s most-discussed posts of 2008

Who the heck knows what the best posts are? But I do have two quantitative measures of the hottest posts — most comments and most views (Part II). The most-discussed post received more than 500 comments, a figure I doubt I’ll ever match again! This most comments” list is, I think, a good [...]
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Will 2009 be the year of the railroad?

One of my predictions for 2009 is that this will be the year that passenger rail transport is finally brought back from the dead. I've you live or have lived in cities like Chicago or Philadelphia, you may be thinking that the railroads have never went away. But here in Pittsburgh, in Atlanta, and in a number of other cities across the country, the transformation of freight railroads to passenger/commuter rail lines have already been proven fe...
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Hobbyists not wanted

Here we stand, just a step from the absolute top of the sphere that is 2009, surrounded by more challenges than we can shake a burned-out incandescent light bulb at. Thanks to all the various sub-challenges in the energy and environmental arenas, which are compounded by happening all at once in addition to our economic woes, international and domestic political idiocy, and the randomness of weather, we’ll certainly be leading “interesting” live...

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UPDATE: The forthcoming dramatic fall of reported oil reserves

A week ago I wrote, “The forthcoming dramatic fall of reported oil reserves is due to falling prices and reporting requirements, not ‘peak oil’ or the manipulations of greedy industry executives.” However, as this Associated Press story reports, yesterday the Securities and Exchange Commission adopted proposed changes to reporting requirements that will have the effect of reducing the effects of price volatility on reserves reported.

An SEC press...

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+1 1 vote

States push the envelope on nuclear energy

Legislatures are taking a strong role

global-warming-mapMissouri, Oklahoma, and Kentucky are three states which will are grappling with the issue of nuclear energy in 2009. In Missouri, the fate of AmerenUE's proposal for a new nuclear power plant will likely be decided by the state legislature this term. At issue is whether the utility can recover the cost of construction while it is building a new plant. In Oklahoma legislators will look at whether building...

Weekly Most Discussed

avatar
+1 1 vote

Behind IBM's Quest for a 'Smarter Planet'

Over the past few weeks, a series of fascinating full-page ads from IBM Corp. got the better of me. The company launched a series of "Smarter Planet" ads in November, running Mondays in the New York Times, Wall Street Journal, and other publications. They portrayed an image of IBM as a purveyor of solutions to the planet's environmental ills. I wanted to find out what was behind them.

I've long been fascinated with corporate image ads. In a post ...
avatar
+1 1 vote

Is Toyota developing a purely solar-powered car — or is this a story lost in translation?

prius-solar-lapp-01.jpgAn AP report is generating headlines around the world:

Toyota Motor Corp. is secretly developing a vehicle that will be powered solely by solar energy….

According to The Nikkei, Toyota is working on an electric vehicle that will get some of its power from solar cells equipped on the vehicle, and that can be recharged with electricity generated from solar panels on the roofs of homes. The automaker later hopes to develop a model totally powered by ...

avatar
0 2 votes

Growth of green jobs strong even in weak economy

Even with increasing unemployment, the green sector is going strong.

No one knows precisely how many green jobs exist in the U.S. economy. Estimates range from less than 1 million workers to nearly four times that number. What’s clear is clean industries have been growing rapidly without a lot of help from Uncle Sam. Worldwide, investors poured a record $117.2 billion into alternative energy in 2007, according to the London-based research firm Ne...