Articles by Adam Stein
Adam Stein lives in Chicago.
All Articles
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Pulitzers await the enterprising journalist who digs into the RGGI efficiency story
The Regional Greenhouse Gas Initiative, the first legally binding cap-and-trade system in the hemisphere, kicked off yesterday with the world’s largest carbon credit auction. The program immediately failed. I don’t know anything about the results of the auction, which won’t be made public until Monday, but I do know that whatever happened, RGGI is a […]
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Credit crunch could take shine off efficiency improvements
I previously noted that the financial crisis is likely to be very bad news for renewable energy developers dependent upon access to credit for their cash-hungry projects. Geoffrey Styles points out that a credit crunch will also affect consumer-driven efficiency improvements: If consumers can’t obtain attractive financing for more efficient appliances, heating systems, or rooftop […]
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The financial sector and the ‘real economy’ aren’t that far removed
Sean has done an estimable job knocking down some of the more piqued reactions to the financial bailout in comments, but this really is a topic that deserves above-the-fold treatment. The crisis raises a host of big-picture questions about the proper role of oversight in the financial industry, but wherever the blame for the current […]
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A weak economy brings a diminished appetite for curbs on carbon emissions
The Freakonomics blog offers up a long-ish but lucid discussion of the ongoing financial crisis. I recommend the whole thing, but in a nutshell: Financial institutions borrow money all the time to fund their investments. When the real estate bubble burst, a lot of those investments lost value rapidly, leaving banks such as Bear Stearns […]
