Global Warming

Demonstrators Gather in Brisbane Ahead of the G20 Leaders Summit

Many people believe fossil fuels cause climate change. The science of that issue is not settled and, as an economist, I am not qualified to address multi-decade climatology. However, for those who believe public policy should address the matter, the strategy of attacking fossil fuel companies is profoundly wrong. As a part of the campaign,… Keep reading →

Greenpeace Ship Esperanza Conducts Water Sampling In Manila Bay

Greenpeace is known for staging elaborate stunts aimed at bringing attention to their causes, but they made a major boo boo when demanding action on climate change by defacing an ancient archeological site in Peru. A group of environmental activist tramped into a protected area that features the famous Nazca lines, a UNESCO World Heritage… Keep reading →

Lima: Teeming City Of 9 Million Reflects Peru's Growing Pains

US Secretary of State John Kerry was expected to arrive in Lima (Peru) on Thursday – as previously reported by The New York Times and the BBC – and evidenced by his helicopter already on the ground in Lima Thursday afternoon, according to sources. This exemplifies the importance that “the Obama administration has placed on… Keep reading →

LAX Expected To Be Busiest US Airport During Thanksgiving Holiday Travel Period

Few things are as institutionalized in the US economy as the way we use energy. Decisions made decades, even centuries ago, impact our daily lives – the way we fuel our cars, how we warm our homes and cool our offices are largely legacies from prior generations. As the world meets in Lima, Peru to… Keep reading →

Coal Shortage Causes Short Supply Of Power in China

With the global climate talks in Lima, Peru halfway done, climate observers are watching with baited breath to see how far countries get to hammering out a draft agreement that can be formalized next year in Paris. However, there are lots of steps being taken to address greenhouse gas emissions at the personal, local and… Keep reading →

Coal Shortage Causes Short Supply of Power in China

 One week is in the books at the Lima climate talks and we are heading into the final stretch of the summit, which runs through December 12. So, where do we stand in terms of a viable “Lima draft text” for the 2015 Paris global climate agreement for governments to continue working on next year?… Keep reading →

Corn Harvest For Generation Of Electricity

Natural gas use is growing throughout the world as new drilling techniques open up vast shale and other tight resources. The result is low-cost gas flooding the market. The environmental advantages of natural gas over other fossil fuels have put it in a favored position as emissions regulations continue to tighten around the world. But conventional… Keep reading →

Typhoon Haitang Headed For Taiwan

Again and again, severe weather events wreak havoc around the globe and thus tend to dominate international newspaper headlines. No continent has been spared with the strongest storms swirling both in the Pacific and Atlantic basins, in addition to extreme droughts and massive floods geographically well diversified. Knock-on effects seem straightforward and include spread of… Keep reading →

Germany Plans 40 New Coal-Fired Power Plants

UN negotiators are meeting in Lima, Peru to construct a draft climate change mitigation agreement that will be finalized over the next year with the goal of signing it in Paris in 2015. The plan is to allow each country to develop a greenhouse gas emissions reduction strategy that can be realistically achieved. “But while… Keep reading →

Beijing Enveloped In Heavy Smog

The world is constantly and almost instantaneously transforming right before our eyes. Given the complexity and interconnectedness of resulting emerging challenges it is advisable for policymakers to attempt to get ahead of the curve. This is exactly what the World Economic Forum’s “Outlook on the Global Agenda 2015” is envisioned to offer to a broad… Keep reading →

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