Economy

Rainbow Over Boston

The American Council for an Energy-Efficient Economy yesterday released a report ranking the 34 largest US cities on energy efficiency. “By considering both policies and energy performance, the City Scorecard reflects the current activities and historical legacies in each city, and as a result provides actionable information to policymakers and residents,” the group writes in… Keep reading →


America’s young people just aren’t buying cars like they used to.

The share of new cars purchased by those aged 18-34 dropped 30% in the last five years, Keep reading →


The floor of the New York Mercantile Exchange in lower Manhattan is one of the rare places the complex interplay between the ‘real’ economy of infrastructure and goods and the financial economy of data sets and dizzying amounts of money can be seen in action.

In an increasingly computerized trading world, floor traders at Nymex, since 2008 part of the globe-spanning exchange powerhouse CME Group, are an increasingly rare breed involved in an increasingly unusual occupation. But for pure dramatic representation of the financial economy at work, nothing conveys the reach and reality of the trading universe like a busy pit moving contracts in real commodities. Keep reading →


Gas prices are once again dominating the national debate.

But despite rhetoric, high gas prices aren’t hurting as much as they used to. Keep reading →


General Wesley Clark became the latest recruit to the clean energy industry yesterday with a call to arms for the American solar industry.

Gen. Clark told delegates at PV America West in San Jose yesterday that the solar industry could play a pivotal role in kick-starting the US economy. Keep reading →


Economists are a bit more optimistic about the U.S. economy as 2011 comes to a close. But only a bit. A CNNMoney survey of 20 top economists finds their fear of the economy falling into a new recession has retreated in the last three months, as they put the chances of a new downturn at only about 20%. Three months ago, they believed there was about a 30% chance. Only two of them have raised the risk of recession. The economists also believe that the final economic readings will be among the strongest of 2011. Gross domestic product, the broadest measure of the nation’s overall economic health, is expected to have grown at a 3.3% annual rate. This article is a linkout.


Will Rush Limbaugh save the solar industry?

Looks that way for Toni Lynch in Allentown, Pennsylvania. And Spiro Basho in Hicksville, New York. Keep reading →


The second installment of the House Energy & Commerce Committee Jobs and Innovation Forum was convened to discuss the “natural gas revolution.”

The mostly Republican US Congressional Representatives truck a broadly enthusiastic tone about the economic potential of shale gas, with an emphasis from some speakers on safe operations and regulated drill operations. Six energy expert guests were invited to the discussion and mostly agreed that “fracking” has become a bumper sticker for natural gas opponents that does not actually relate to the risks and benefits of shale gas. Keep reading →

Will #budget crisis, #jobs focus shake up fed #energy regulation? Join @AOLenergy @LinkedIn conversation – http://t.co/haZuHNPQ @Aolenergy

Really, anyone who likes science or math, we have probably got a job for you. Learn more: http://t.co/q18Kmusd #SmartGrid @ENERGY

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