Browsing the "economy" Tag

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Electrifying the US economy by 2035 could create 25 million green jobs

A report released Wednesday by a new nonprofit—in the midst of the coronavirus pandemic, the resulting economic disaster, and calls for a green recovery from those intertwined crises that prioritizes aggressive climate policies—lays out how rapidly decarbonizing and electrifying the U.S. economy could create up to 25 million good-paying jobs throughout the country over the […]

July 30th

After COVID-19, nations can tackle environmental crises by shifting priorities to sustainable development

A little over a year ago, in May 2019, a United Nations report on biodiversity made headlines for the bad news it contained: A million species at risk of extinction. The biosphere’s many contributions to people are being degraded by a variety of industrial activities and resource use. Freshwater, soils and a stable climate are […]

July 24th

Big Data is having an impact on big business – from environmental sustainability to the bottom line

Big data has the potential to improve environmental sustainability even within a business organization. Companies can employ analytics to generate insights about their output and consumption, then use the information to adapt their practices and meet a higher standard of efficiency. By Emily Folk Big data is the driving force behind the information revolution. According to estimates from […]

July 17th

‘The Game Is Up’: Report says asset sales and debt-driven dividends show fossil fuel industry cannot be saved

Recent efforts by oil and gas giants to project an outward appearance of financial stability amid the Covid-19 pandemic by selling off assets or accumulating debt to continue paying out steady shareholder dividends represent strong evidence that the fossil fuel industry has reached its “endgame” and should not be bailed out with taxpayer dollars. By Jake Johnson […]

July 14th

Economic benefits of protecting 30% of Earth’s land and ocean outweigh the costs 5-to-1

“This report unequivocally tells us that the time to finance nature—for people and for planet—is now.” That’s how Jamison Ervin, manager of the Global Program on Nature for Development at the United Nations Development Program (UNDP), summed up a new study commissioned by Campaign for Nature (CFN), a coalition of over 100 conservation groups and scientists who […]

July 13th

Coronavirus is a ‘sliding doors’ moment. What we do now could change Earth’s trajectory

The numbers of people cycling and walking in public spaces during COVID-19 has skyrocketed. Cities from Bogota to Berlin and Vancouver have expanded bike lanes and public paths to accommodate the extra cycling traffic. In Australia, the New South Wales government is encouraging councils to follow suit. By Pep Canadell, CSIRO; Corinne Le Quéré, University […]

Why we need a global Green New Deal NOW

The global economy is collapsing. When the pandemic began, experts at the International Monetary Fund predicted that we would see the worst economic downturn since the Great Depression. This week, they announced that it will be even worse than they thought. This disaster comes into a world already facing record inequality, desperate poverty, and a growing climate crisis. The COVID-19 pandemic […]

2.25 million file new unemployment claims – Powell says more stimulus needed or it’ll be YEARS before they find jobs

We’ve had plenty more news this week indicating just how bad things are economically now and how long they are likely to remain bad. Federal Reserve Chairman Jerome Powell, who has warned that gross domestic product could drop 30% this quarter, on Wednesday reinforced what other analysts have said about the crunch affecting American workers: ”It’s just going to be very […]

June 11th

Another 2.1 million seek unemployment benefits. The Coronavirus Recession will stick it to millennials

The Department of Labor reported Thursday that yet another 2.1 million Americans, on a seasonally adjusted basis, applied for initial state unemployment benefits in the week that ended May 23. Counting these new applications makes for a total of 40.5 million workers who have filed for initial benefits over the past 10 weeks. Add in the millions of Americans who are receiving […]

May 29th

Trump won’t offer usual economic projections. Probably because it’s hard to brag about disaster

In a story they broke this morning, Jeff Stein and Josh Dawsey at The Washington Post report that the Trump regime has decided it will not deliver economic projections in the traditional “mid-session review” of the budget this summer. Budget experts the reporters interviewed said they didn’t know of any time in the past half century when an administration has […]

May 28th

James Howard Kunstler: What makes you think we’ll ever return to “Normal”? (Coronavirus and oil meltdown, part 3)

Don’t it always seem to go, that you don’t know what you’ve got ‘til it’s gone, Joni trilled half a century ago. Another song, by CSN, went, it’s been a long time coming, it’s gonna be a long time gone. Boomers. Back in the day – before they invented the hedge fund, glyphosate, and political correctness […]