Articles by Adam Stein
Adam Stein lives in Chicago.
All Articles
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Energy efficiency is cornerstone of ambitious plan
Everyone's favorite McKinsey study suggests that America can shed a huge chunk of its emissions through costless measures, primarily in the realm of energy efficiency. The fly in this delicious low-carbon ointment is that the freebie cuts haven't so far happened by themselves, and it's never entirely clear how well an analyst's report is going to translate into reality. How nice, then, that New York City is gearing up to provide the proof point we've all been waiting for.
Mayor Bloomberg's office recently released a plan to drop the carbon emissions of the municipal government 30 percent from 2006 levels by 2017. The plan will cost about $2.3 billion, but the city expects to recoup these costs by 2015 -- an average payback of less than eight years across a large portfolio of projects.
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Congressional Dems consider preventing oil drilled offshore from export
Any article on how politicians are gearing up to "do something" about oil prices is bound to contain more than the usual share of silliness. Still, though, this managed to stop me cold:
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Mattel worth more than GM on strong outlook for Matchbox, Hot Wheels cars
At the present moment Mattel, the maker of Hot Wheels and Matchbox toy cars, is worth $6.2 billion, putting it at a premium to GM, worth a mere $5.7 billion.
Created in 1952, Matchbox cars were instantly popular because they were hard for children to swallow and required no batteries.
With the price of a fill-up now topping $100, drivers are likewise finding GM's line up of trucks and SUVs very hard to swallow.
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Another example of how carbon constraints may benefit big box retailers
Wal-Mart and Costco have adopted a version of the one-gallon milk jug designed with efficiency in mind. The boxier containers stack better, eliminating the need for milk crates and conserving space in trucks and on refrigerated store shelves:
The company estimates this kind of shipping has cut labor by half and water use by 60 to 70 percent. More gallons fit on a truck and in Sam's Club coolers, and no empty crates need to be picked up, reducing trips to each Sam's Club store to two a week, from five -- a big fuel savings. Also, Sam's Club can now store 224 gallons of milk in its coolers, in the same space that used to hold 80.