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  • With all the upbeat talk about an environmental labor boom, is rhetoric running away from reality?

    Someone help me puzzle this out:

    Proposition 1: A shift to renewable energy and energy efficiency will result in a boom in green-collar jobs -- good service-industry work that can't be outsourced. This proposition is attractive because it holds forth the promise of a grand alliance between greens and the labor movement. See, e.g., Tom Friedman and everyone who posts on Grist.

    Proposition 2: The optimism over green-collar jobs is a classic example of the make-work bias, a widespread economic fallacy that mistakes amount of work for wealth creation. The actual effect of greenhouse-gas reductions on labor markets is unclear, so environmentalists should stick to environmental policy. See, e.g., various environmental economists.

    I don't have a clever opinion here, although I will say that the case for a positive labor impact from energy efficiency measures seems decently solid. Efficiency is, after all, an unambiguously good thing for the economy as a whole. If it costs us less to get the same amount of stuff, we're all richer. Certainly this is a nice thing for consumers, and because energy industries tend not to be labor-intensive, we can expect that wealth creation at the expense of energy producers will be a net benefit for employment as well. I think.

    The impact of renewable energy, on the other hand, is more difficult to suss out. More to the point, it's not clear that anyone has sussed it out. Discuss.

  • Tennessee Senate passes resolution honoring Al Gore

    The Tennessee state Senate has passed a resolution honoring Al Gore for his efforts to curb climate change. And the crowd goes wild! “Let’s be honest about it. What is a resolution but a piece of paper with flowery words on it,” says House Republican Leader Jason Mumpower, adding that the resolution “has no real […]

  • Watch CBS this Saturday for breaking electric-car news

    I was just interviewed by CBS for a possible story on plug-in hybrids on Monday. You should tune in to CBS evening news Saturday for the first coverage of what I believe is a major advance in plug-ins -- a car I test drove a few weeks back and will be free to write about here Monday.

    The New York Times will probably be doing a print story on the car Sunday, which I'll link to. Then CBS may do another story, which is where I would come in. This hybrid technology will be rolled out in a retrofitted car at the Detroit auto show.

    I think this is a big deal. Basically the company figured out how to design a practical, affordable plug-in hybrid without a breakthrough in battery technology!! Stay tuned.

  • World’s largest banks ranked on their climate commitment

    The world’s banks are starting to recognize the threat of climate change, but could certainly do more, says a new report from Ceres, a coalition of investors and green groups pushing corporate sustainability. The group ranked 40 of the world’s largest publicly traded banks on their green (the climate kind, not the money kind). Some […]

  • Cargill’s well-connected fertilizer unit wows Wall Street, dumps on Florida

    As I wrote last week, the real winners in the ethanol boom aren’t corn growers or even ethanol makers (though the latter will do just fine). Rather, it’s the companies that make the inputs needed for growing vast quantities of corn. Photo: iStockphoto Monsanto, the world’s dominant producer of genetically modified seed traits as well […]

  • Huckabee on Colbert

    Bit of a dodge on global warming, no?

  • White House will save paper by putting federal budget online

    Instead of printing 3,000 copies of its 2,200-page budget, the White House has elected to put the gigantic tome online. “This step will save nearly 20 tons of paper, or roughly 480 trees,” says White House Budget Director Jim Nussle, who estimates that bringing the budget presentation into the new millennium will save nearly a […]

  • Australia will phase out plastic bags

    Following in China’s footsteps, Australian Environment Minister Peter Garrett has announced a goal to phase out plastic bags in the country by the end of 2008.

  • Energy stocks are looking attractive

    The following essay is a guest post by Kari Manlove, fellows assistant at the Center for American Progress.

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    turbine-being-builtCNNmoney.com just released a summary outlook on the solar, wind, biofuel (mainly ethanol), and efficiency industry financial sectors. The two looking most optimistic are wind and efficiency, and thus both sectors are overflowing with opportunity.

    According to one investment portfolio manager, efficiency investments are reliable and essentially fundamental. In his words, investing in efficiency is like putting your money on the arms dealer in a war or conflict -- no matter which side wins (or which sector), the arms dealer simply can't lose.

  • Still time to vote for Gristmill in 2008 Weblog Awards

    You didn’t know Gristmill was a candidate for something? Right, and I suppose next you’ll tell me that you were paying attention to some other voting thing-y going on. Well, chill. There’s still time to elect Gristmill as the Best Tropical Topical Blog in the 2008 Weblog Awards. But only until tomorrow night, Friday, Jan. […]