The conventional wisdom, embraced by the Fed and by most economic commentators, is that deflation is bad. But is there an exception when "deflation" is triggered by a dramatic decline in the price of oil?
The best way to protect public health and the environment from this dirty drilling practice is to halt it altogether. And this week, an entire country and at least Pennsylvania's parks and forests finally got the protection they deserve.
Wherever a community demands protection for their drinking water, we'll be there. Wherever a mother testifies that her kids can't breathe because of the coal plant in their neighborhood, we'll be there. We'll be there when the storms flood our cities, and we'll be there when the pipelines break and the oil trains spill.
Today, the Earth got a little hotter, and a little more crowded. Gocomics.com "whether an event is caused by climate change ... is the wrong ques...
The Road to Iraq is a work of tremendous intellectual diligence and moral seriousness.
This weakness in oil prices comes at a time when the Mexican government is struggling to overcome a two-year economic slowdown and ensure the attractiveness of Mexico's considerable energy potential after passing the energy reform. The country will have to make important adjustments in both the short and medium term if low oil prices remain the norm after 2015.
Rather than committing India to cap its emissions, the U.S.-India deal called for "enhancing bilateral climate change cooperation" in advance of the United Nations effort to reach an international agreement on emissions and finance in Paris in December.
As New York shakes off another dose of the climate change reality dealt by winter storm Juno, many are beginning to re-appreciate the forces of Nature and the power of public policy.
Wobbly nationalistic middle classes are not to be underestimated as political forces. They tend to have a stronger sense of their own importance than lower social classes, which explains why the spectacular global growth in incomes of the bottom 50 percent seems to have so little direct political valence, however huge it is in terms of how well humanity lives. Middle classes in more authoritarian states like China might indeed make even stronger demands, as a class, than in democracies, since their ascendance under "state capitalism" could lead to greater expectations of the state. One can imagine income inequality becoming a genuinely strategic question.
Last week, President Obama rightly declared in his State of the Union address: "No challenge poses a greater threat to future generations than climate change." This week, the Obama administration announced plans open up the Atlantic Ocean to oil and gas drilling.
Amazon Watch is honored to take the Public Eye Lifetime Award to Chevron's HQ in San Ramon, CA, where we will remind the corporation and the world that it has been globally recognized as the worst corporate actor on the planet. Twice.
While Washington state lawmakers' bold pragmatism promises to help their environment and their economy, the new Congress in Washington, D.C., seems hell-bent on pushing legislation that will strip away our environmental protections, continue to ignore the threats of climate change and keep us addicted to dirty fossil fuels.
Low oil prices have already been used to justify an interest rate cut, as well as a delayed and, presumably, reworked federal budget. With such a convenient scapegoat at hand, you can bet it won't be long before low oil prices will be made to shoulder even more blame.
A big leap it is not from believing in god and the devil to believing in anything at all, including that the president is a radical Christian but also a Muslim and a foreign-citizen socialist who will take your guns away. Facts don't matter; we create a fictional order in the face of randomness and then call that real, and the chasm becomes ever wider.
Today, the Earth got a little hotter, and a little more crowded. OO A "Cheesy Love Story" : The Fun Ad Doritos Doesn't Want You to See...
While "a New Cold War" has not yet been adopted as an official framework for US foreign and military policy, there are among foreign and military policy-makers many who will be tempted by its appeal. We should be circumspect about following them down this path.