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The ‘invisible hand’ is blind to climate externalities and the value of natural resources

When Nicholas Stern, former chief economist at the World Bank, released his ground-breaking study in late 2006 on the future costs of climate change, he talked about a massive market failure. He was referring to the failure of the market to incorporate the climate change costs of burning fossil fuels. The costs, he said, would […]

Attempting to un-vex the vexing subject of cap-and-dividend

I was on a conference call earlier this week focused on cap-and-dividend. (You can download the MP3.) C&D, if you don’t recall, is a kind of hybrid cap-and-trade/carbon tax developed by Peter Barnes. A fee would be levied on fossil fuels; the revenue would be refunded to citizens on an equal per capita basis. (Imagine […]

Southwest faces ‘permanent drying’ by 2050

A major new report warns that on our current emissions path, we face the severe risk of abrupt climate change impacts. The basic conclusions themselves are nothing new. But what is stunning is that these warnings come from the United States Geological Survey — the Bush Administration (!). This new science-based report, Abrupt Climate Change, […]

NOAA: U.S. had another record hurricane and tornado season

The National Oceanic and Atmospheric Administration’s annual climate report tells the warming tale: “For November alone, the month is fourth warmest all-time globally.” This comes on the heels of last month’s report of the second warmest October on record. Since the deniers have become overly fond of 60-day trend lines (see here), one can safely […]

NASA: Another brutally hot year for the Siberian tundra

Unfortunately, the greatest warming in 2008 came in the worst possible place for humanity — the Siberian tundra. That’s clear from NASA’s Goddard Institute for Space Studies report on the meteorological year, December 2007 through November 2008: The remarkably widespread warming in the land of the permafrost permamelt should be the big global warming story […]

What green products would you like to see Grist review?

Used to be you had to trek out to your nearest natural-foods hippie-mart to find any sort of organic/natural/ecofriendly product. But now, green products are starting to show up on shelves near and far — at Targets, Wal-Marts, drug stores, and major grocery chains. Trouble is, no matter whether you’re standing in the aisles of […]

New fact sheet greenwashes Bushes record on energy and climate

OK, my headline may have selectively edited the White House’s newly released energy/climate legacy talking points. But I didn’t do anything more than the White House itself did in its unintentionally humorous fact sheet that asserts, “President Bush Has Strengthened America’s Energy Security And Taken Constructive Steps To Confront Climate Change.” I suppose the “fact […]

Memo to Prius owners: Get the extended warranty

I do not give financial advice. Even if you accept the analysis here on peak oil, global warming, and clean tech, that is insufficient information on which to base investment decisions — as the financial meltdown of the last few months should make clear. But I do think the Prius is easily the best hybrid […]

Hadley Center and WMO say 2000s comprise hottest decade in recorded history

Last week, I pointed out that the climate story of the decade is that the 2000s are on track to be nearly 0.2°C warmer than the 1990s. The World Meteorological Organization reported today that because humans are altering the climate with greenhouse gas emissions: The ten warmest years on record have occurred since 1997. Global […]

Climate crusader Richard Cizik forced out of evangelical association over gay marriage

We’ve written a good bit over the years about Richard Cizik, who was until a few days ago policy director for the National Association of Evangelicals. (Here’s an interview Amanda did in 2005, a video interview we did earlier this year, a special series I put together on God & the Environment, and lots more.) […]