PBS NewsHour economics correspondent Paul Solman speaks with former big pharma executive Chris Martenson about why the money the U.S. printed after the financial crash would have been better spent on alternative energy rather than on the banks....
There has been very little new data to report lately. The JODI, Joint Organizations Data Initiative, data for March came out a few days ago. JODI is very good as far as the data it reports goes. The problem is there is a lot of data they just don’t report. If a country does not […]...
Worcester Polytechnic Institute Fire in the hole. Crude oil ignites inside a block of solid ice in a laboratory test. In the Arctic, climate change means melting ice—and unprecedented access to the oil once hidden beneath it. But with increased drilling comes a greater chance for oil spills in frigid places where the sun […]...
This is the second part of an examination of the outstanding working paper entitled A Critique of Techno-Optimism: Efficiency without Sufficiency is Lost by Dr. Samuel Alexander * in which he examines the longstanding belief that no matter what society’s problems in an endless quest for more and better, technology will provide and resolve in […]...
IN MAY 2011 something routine happened at the Cavone oilfield in northern Italy. Padana Energia, its operator, started pumping more high-pressure water into their wells, to squeeze more oil out. This unremarkable event may, though, have had remarkable consequences. A year later, on May 20th and 29th 2012, two nearby earthquakes killed 27 people and […]...
Russia and China have just signed what is being called “the gas deal of the century”, and the two countries are discussing moving away from the U.S. dollar and using their own currencies to trade with one another. This has huge implications for the future of the U.S. economy, but the mainstream media in the […]...
The severe drought in California could have a lasting effect on U.S. fruit, dairy and egg prices, while prices for meats, especially beef, look likely to continue climbing, the U.S. Department of Agriculture said on Friday. The agency said overall U.S. food price inflation for 2014, including food bought at grocery stores and food bought […]...
Russia’s landmark deal to supply China with natural gas via pipeline over 30 years will have profound impacts globally and create a new price benchmark that may pressure other producers, as consumers choose from a variety of supply sources, according to analysts. OAO Gazprom on Wednesday clinched a contract with China National Petroleum Corp. (CNPC) […]...
As a response to the increasingly urgent need to create thriving local enterprises Transition Mar Vista/ Venice held its first Pro Action Café. ...
San Francisco, the first urban area in the nation to mandate recycling and composting and begin outlawing items like Styrofoam food containers, aims to completely eliminate the trash it sends to landfills by 2020. ...
A three-day showcase of Rochester, New York’s sharing economy, the Rochester ShareFest that took place May 2-4, included swaps, repair cafes, upcycled art, music lessons, seed sharing, food, bike repair and even a thunderstorm which cut the activities a bit short. ...
In this installment we discuss the potential role of renewable energy in transition and macroeconomic models in the face of supply constraints. ...
The years since the financial crisis have been good to cooperatives. ...
People coming together to cooperatively grow food can form some powerful ties. And that’s what it’s all about at Peaceful Grounds. ...
Russia wants a boom in unconventional oil output by the start of the next decade, and is prepared to look east for technology if its ambitions are hindered by Western sanctions over the Ukraine crisis, Russian oil executives said. Russia is now pumping near its capacity of around 10.5 million barrels of oil per day […]...
“We need new production equal to a new Saudi Arabia every 3 to 4 years to maintain and grow supply… New discoveries have not matched consumption since 1986. We are drawing down on our reserves, even though reserves are apparently climbing every year. Reserves are growing due to better technology in old fields, raising the […]...
Jefferson and other American revolutionary leaders including Washington, Adams and Franklin all believed that the main purpose of government was increasing the happiness of its citizens. ...
A mid-week update. Futures prices in New York and London continue to climb this week and are now up some $4 -5 a barrel since early May. ...
Ohio annually processes thousands of tons of radioactive waste from hydraulic-fracturing, sending it through treatment facilities, injecting it into its old and unused gas wells and dumping it in landfills. ...
On May 21 the Los Angeles Times reported that “Federal energy authorities have slashed by 96% the estimated amount of recoverable oil buried in California’s vast Monterey Shale deposits...” ...