Big Oil is reaping major benefits from the large corporate tax cuts that were passed as part of the coronavirus stimulus, according to a recent report from Friends of the Earth. At least 12 oil and gas companies are expected to claim a total $1.5 billion in tax breaks, according to a review of over 40 quarterly filings. By […]
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The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government’s massive rescue efforts. Ten weeks into the worst crisis in 90 years, the government’s effort to save the economy […]
Top 3 reasons to invest in renewable energy NOW (yes, right in the middle of the coronavirus pandemic
As the human tragedy of the COVID-19 pandemic worsens, global restrictions to stop the spread of the virus — including stay-at-home orders, business closures and travel prohibitions — may contribute to the worst economic downturn since the Great Depression. The virus has already made an indelible impact on the energy sector: Global energy use is predicted to fall […]
Besides the coronavirus plague now attacking the entire human race, we have another crisis coming at us – climate change – for we which we are unprepared and for which too many leaders have refused to prepare adequately for with up-to-date preventive and protective measures. By Meteor Blades We are seeing right now what happens […]
Our economy is in free fall. Already, the COVID-19 pandemic has caused nearly one in five workers to lose jobs or hours. We are seeing the largest spike in unemployment claims since the 2008 financial crisis. According to Goldman Sachs, the number of initial joblessness claims could rise to 2.25 million by the end of this week. By Michael Brune Sierra […]
By David Brin Mars One: why did I volunteer? I believe that a one way Mars mission is a viable-enough idea for some people to consider it, even knowing, as I do, that “one-way” has several possible connotations. On the surface, the claim is that eliminating the huge cost of the return flight will allow instead […]
By David Brin Grand challenges! It’s an approach to stimulating research and technology that has been around for a while, stretching back to the British longitude prize of the 1700s. Aviation medals and awards spurred rapid advances during the 1920s and 1930s and sparked breakthroughs in human-powered flight in the 1980s and 1990s. One contest helped lead to creation […]
Everything you think you know about the stimulus is wrong. At least, if you listen to the naysayers in the GOP. Talking with Ezra Klein about his new book, The New New Deal: The Hidden Story of Change in the Obama Era, Michael Grunwald points out that that, despite the GOP’s doom and gloom, the […]
If there’s one thing Republicans love, it’s federal government spending. Their other great love is keeping up a continuous echo chamber around the idea that federal government spending is the source of all evil in the world, that Obama’s stimulus package didn’t create a single job…blah blah blah. Enter, your next (aspiring) vice-president of the […]
By Steven Chu The current head of the Department of Energy in the Obama Administration, Dr. Steven Chu is a winner of the Nobel Prize for Physics. He was formerly a Stanford University professor and the head of the Lawrence Berkeley National Laboratory. Sometimes when one gets so focused on the daily tasks at hand, […]
Hard on the heels of their election victories, new-minted Republican governors in two midwestern states are making good on campaign pledges to shut down railroad projects, turning down Federal dollars and slashing jobs. In Ohio, Governor-elect Kasich said Thursday “That train is dead,” at the same press briefing where he said his top priority was […]
Beginning in the fall, consumers will have access – through existing state-level energy efficiency incentive programs – $300 million in stimulus funds made available as rebates for energy efficient appliances.
This week, I’m headed to Red Rocks in Colorado, for four nights of music from Phish, at what is arguably one of the greatest outdoor music venues in the United States. And I will, at some point or another, be thinking about the New Deal.
The US Department of the Interior reports that they will start spending the stimulus money granted them in February, and among the $140 million-worth of projects is $15.2 million for Louisiana Governor Bobby Jindal’s favorite activity: volcano monitoring!
The stimulus package approved in February contains items aimed at making everyone an environmentalist. Well, let’s say practical environmentalist.