What's wrong with using tax-payers' money to make energy more affordable for everyone? The first problem is that not "everyone" benefits equally. In the average developing country, two thirds of gasoline subsidies go to the rich and only 3 percent go to the poor.
Additional policy measures -- beyond monetary policies -- are vital to make a durable exit from the global financial crisis and to safeguard financial stability. Crisis legacies need to be addressed. The traction of monetary policies must be increased with complementary reforms and financial excesses need to be contained.
It is not possible to support the use of fossil fuels and the climate simultaneously. True climate leaders have no option but to tackle head-on the damaging economic entrenchment of the coal, oil and gas industry.
"It's not enough anymore to think that if you don't live in a dry state you won't be affected. The water crisis affects us all in many ways. "
Behind the numbers lies an unusually complex set of forces shaping the world economy. Some, such as the decline in the price of oil and the evolution of exchange rates, are highly visible. Some, from crisis legacies to lower potential growth, play more of behind-the-scenes role but are important nevertheless. Let me briefly review them.
On April 8th, Amazon Watch released secret videos turned over by a Chevron whistleblower that clearly show company technicians finding extensive oil pollution at well sites in the Amazon that Chevron had previously certified as "remediated."
Today, the Earth got a little hotter, and a little more crowded. ...
We face an avalanche of global disasters during our lifetime, and unless we slam the brakes on carbon pollution fast, the global economy will collapse to boot.
The U.S. has a spotty and turbulent history intervening in Latin America and the Caribbean, but outside of drug interdiction, the western hemisphere has largely taken a backseat when it comes to foreign policy during the Obama administration.
As an Iranian-American who was born and raised in America, yet with significant ties to the land where my parents, grandparents, and ancestors were born, my main intention is to provide a sense of perspective to anyone who may have an interest in the subject of Iran.
Illinois taxpayers have been conditioned to believe that gambling is a convenient and limitless font of tax revenue just waiting to be tapped. But figures from the General Assembly's Commission on Government Forecasting and Accountability show that state revenue from the state's 10 casinos has been in steep decline since 2005.
In an investigation into the funding of the Environmental Defense Fund's (EDF) work on oil and gas regulation, Inside Climate News discovered that a key EDF funder had hired FTI Consulting's David Blackmon to promote fracking regulations. Unbeknownst to his employer, Blackmon is a longtime oil industry consultant who is paid to oppose regulation of the fracking industry.
Last year, I challenged the Koch brothers to meet me for a debate so that we could have an open, transparent exchange of ideas. Unfortunately, they refused, so I'm about to give them another chance. I am formally inviting the Kochs -- again -- to participate in a public debate.
The oil field, home to the huge hydrocarbon reservoir that inspired construction of the trans-Alaska oil pipeline and kicked off an economic boom that transformed the state, now ranks third in the nation for remaining oil reserves.
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Long-term it is the old economic laws of supply and demand that will govern the crude oil price. In many ways this will also be the case with natural gas, since it is often seen as a complementary product.