Articles by Grist staff

World Bank should get out of carbon-offset market, says report

Carbon-offset dealings by the World Bank have been criticized (and not for the first time) in a report released Thursday by the Institute for Policy Studies. In the past two years, the report charges, the bank has loaned $1.5 billion to fossil-fuel companies to make minor greenhouse-gas reductions. It then sells carbon credits for those […]

Meat of the future may be grown in a lab

Problem: Large-scale meat production has environmental problems out the wazoo, but Homo sapiens shows much reluctance to giving up meat. Possible solution: Test-tube sausage! The awkwardly named In Vitro Meat Consortium just wrapped up the first-ever international conference focused on the potential for replacing slaughtered animals with grown-in-a-lab chicken nuggets and ground beef. In theory, […]

Fossil fuel moguls inflate reserve estimates to prevent efforts to move beyond their products

When I was young, Yankee Stadium had ~70,000 seats. It seldom sold out, and almost any kid could afford the cheap seats. Capacity was reduced to ~57,000 when the stadium was remodeled in the 1970s. Most games sell out now, and prices have gone up.

The new stadium, opening next year, will reduce seating further, to ~51,800. This intentional contraction is aimed at guaranteeing sellouts, increasing demand, allowing the owners, in pretty short order, to hike prices to double, triple, and more. The owners know that scarcity will fatten their wallets, even though it reduces the number of sales.

This is more than a bit distasteful, as it discriminates against the lower middle class. Nevertheless, it should be a great stadium and as long as the owner is footing the bill without public subsidies for the stadium itself, we may have little grounds for complaint.

The reason that I draw your attention to this practice is that fossil fuel moguls are intent on hoodwinking the entire planet with an analogous scheme.

The basic trick is this: fossil fuel reserves are overstated. Government "energy information" departments parrot industry. Partly because of this disinformation, the major efforts needed to develop energies "beyond fossil fuels" have not been made.

Do you want a green job?

Talk of "green jobs" and "green-collar jobs" is all the rage these days. What do you make of it? Do you want a green job? Take the poll below.