Tag Archives: Economy

COVID-19-Inspired Longer-Term Changes to the Energy Transition

I started to write this blog on Thursday, June 11th. On that day, Treasury Secretary Steven Mnuchin announced that, “we can’t shut down the economy again.” The Federal Reserve and others had already made grim predictions about the long-term economic … Continue reading

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Negative Energy Pricing

Last week, I outlined some markers of how the COVID-19 pandemic has impacted the global energy transition and how that ties in with climate change in the long run. For instance, the global decrease in GDP and the resulting drop … Continue reading

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Phased Reopening and Lessons to Learn

Figure 1 – Dana Summers’ cartoon on phased opening Roughly two months ago, my campus completely shifted to remote learning and teaching and I started lockdown. I have made a corresponding shift here, covering the COVID-19 viral pandemic that now … Continue reading

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How Do We End a Pandemic?

When I read my morning paper on May 4th, three articles jumped out at me: As Trump Pushes to Reopen, Government Sees virus toll nearly doubling WASHINGTON — As President Trump presses states to reopen their economies, his administration is … Continue reading

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Scaling Properties of COVID-19

Saturday was a beautiful spring day. The Brooklyn green market downstairs was open. The street and the market were relatively (in the pandemic era) crowded; well managed social distancing was enforced but many people went without masks. The talk of … Continue reading

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Hope for the Best, Prepare for the Worst: COVID-19

Last week, I promised to shift my focus to COVID-19’s impact on developing countries. So far, most of the media attention has been limited to the coronavirus’ impact on richer countries (e.g. US, Europe, Australia, Canada, etc.). The exact definition … Continue reading

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Earth Day in a Pandemic

Tomorrow is the 50th Earth Day, my wife’s birthday, and the 8th birthday of this blog. Happy Birthday to everybody. This year, however, Earth Day will not be the same festive occasion that will include community events out in the … Continue reading

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Climate Change Economics: Present Costs and Long-Term Threats

The Davos meeting in Switzerland is in full swing. President Trump is there, as is Greta Thunberg; climate change will be at the top of the agenda. The World Economic Forum (WEF) is organizing the meeting. In preparation, the WEF, … Continue reading

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Where Are We Living? Can We Stay There?

A New Year! A New Decade! By now, we have all made our wishes and resolutions. I am sure that everyone is hoping for better times. However, the news around the world has been very bleak. Globally, since the New … Continue reading

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Economic Impacts Report: Worse than Predicted?

Last week’s blog looked at Naomi Oreskes’ and Nicholas Stern’s October op-ed in The New York Times, “Climate Change Will Cost Us Even More Than We Think,” which dealt with a report about the unexamined economic risks of climate change. … Continue reading

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