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Snippets from the news

• Kansas Senate tries yet again to get those damn coal plants built. • Northwest sea lions can’t be captured or killed until early 2009. • Climate change comes after koalas. • Canada may have violated Kyoto Protocol rules. • Biking in New York ain’t fun. • Clean the air, kill the Amazon.

How much would you pay for cheap gas?

Suppose you're a commodity trader. Someone offers you a future contract to buy gasoline at $2.99/gallon for the next three years. If you think that you can sell that gasoline for more than that, you might think this is a license to print money, and would therefore pay for that privilege. Which raises the following questions:

1. How much would you pay for that future "strip"?
2. Is the answer to Question 1 more or less than a Chrysler?

Cities

Why don’t candidates who claim to be interested in climate change talk about cities more? That’s where the rubber is hitting the road: Officials in King County and other places are rethinking the way their communities grow and operate, all with an eye toward reducing their overall carbon footprint. After decades of policies that encouraged […]

Senate Democrats unveil a new energy bill based on the same false premises

Senate Democrats have just proposed a new energy bill: the Consumer-First Energy Act. It is meant as a response to the Republican bill introduced last week, which R’s are currently trying to pass as an amendment to the flood insurance bill. Now, the Republican bill — the Drill, Drill, Drill Bill — would be incredibly […]

Senators both GOP and Dem introduce destined-to-fail legislation

Senate Democrats are trying once again to yank $17 billion in tax breaks away from oil companies that are enjoying booming profits. The Consumer-First Energy Act, introduced in the Senate on Wednesday, would also put a 25 percent tax on oil companies that don’t invest in renewable energy. Bill cosponsor Harry Reid (D-Nev.) sums up, […]

Should we take Italian nuclear waste?

So an industry CEO tells E&E News that nuclear is the only non-carbon baseload power (not!) and that therefore nuclear is our only future and since the United States does such a great job of dealing with low-level radioactive waste, we should become the world's repository.

That would be the logic of one Steve Creamer, CEO of EnergySolutions, "a full-service nuclear fuel cycle company" (in contrast to all of those "partial-service nuclear fuel cycle companies," sometimes called electric utilities).

Why shouldn't we take the world's low-level radioactive waste? asks Creamer. Other countries take our recycled computers [!], so it's the perfect division of global labor:

Valuing environmental services saves lives

As this new BBC article points out, it appears that the loss of mangroves around cities in Myanmar made the impact of the cyclone much worse, resulting in higher casualties and greater destruction. Scientific evidence compiled after the 2004 Asian tsunami showed that areas with more intact coastal ecosystems suffered less destruction, showing the upside of investing in the preservation of coastal swamps and forests, especially in disaster-prone areas.

These developments highlight the urgent need to continue to demonstrate and make clear to policymakers the tremendous value these coastal environmental services provide. Of course, coastal ecosystems are only the tip of the iceberg when it comes to the full range of environmental services that forests (both tropical and temperate), wetlands, coral reefs, and prairies provide.

Identifying these values and estimating their magnitude is the first step in making sure that they are not ignored when development decisions are made, or when assessing the value of restoring systems that have been degraded.

This is one area where the combination of economics and ecological science can demonstrate why conservation not only pays but saves lives.

An eco-friendly gift guide for Mother’s Day

Of course, the best gifts don’t come from a store. Now that Earth Day has come and gone, it’s that time of year when “love your mother” can be taken literally again. But here’s a bonus: green Mother’s Day festivities allow you to be kind to Mother Earth and the woman who pushed you out […]

FT: Midwest rains threaten U.S. corn crop

Remember in February, when a fertilizer magnate raised the specter of widespread famine if any of the globe’s big farming regions hit a rough patch this year? Here’s what he said: If you had any major upset where you didn’t have a crop in a major growing agricultural region this year, I believe you’d see […]

A modern city can be remade

Check out this great video of the street life in Melbourne, Australia, which is my new Place I Want to Move: From the accompanying post on StreetFilms: Melbourne is simply wonderful. You can get lost in the nooks and crannies that permeate the city. As you walk you feel like free-flowing air with no impediments […]