"As the congressional leaders decide on members for the new bipartisan debt-reduction super committee, green advocacy groups are already on the offensive, calling on the committee to cut billions of dollars in tax breaks and energy subsidies for the oil and gas industry."
A Stanford professor is showing how many more ecological costs need to be factored in to estimates of the economic impacts of environmental actions.
"HOUSTON — The growing gloom about the economy has pushed down oil and gasoline prices, along with the prices of an array of other commodities. And while that could mean more spending power for consumers, perhaps tempering any possible downturn, the steep drop in energy prices reflects worries that economic activity is headed in the wrong direction."
Federal ethanol subsidies are hardly dead. They are still a key controversy in climate change, air pollution, the automotive industry, agricultural markets, food prices, budget wars, and the 2012 presidential race. No wonder the media mob descending on Iowa for the Aug. 13 straw poll is getting a free banquet of PR pitches.
"Volcano Lake, Calif. -- The news is distressing: A cratering real estate market, tight-fisted banks unwilling to make loans and no appetite among elected officials to let go of a dime. So why are conservationists smiling?"
"Carbon offsets neared all-time lows Friday, confirming their status as the world's worst performing commodity, as slumping demand meets rising supply of the U.N. instrument traded under the Kyoto Protocol."
A report from Brooking Institution and Battelle's Technology Partnership Practice says there are about 2.7 million direct "clean economy" jobs nationwide, including those in industries such as wastewater, mass transit, solar photovoltaic, wind, fuel cells, smart grid, biofuels, batteries, green chemical products, and lighting.
"The White House budget office raised flags about the first energy loan guarantee awarded under the Obama administration, adding another layer of questions to the taxpayer backed financing now at the center of a House investigation."
"Wichita actually has thousands of jobs tied to improving the environment — in businesses such as organic farming, insulated building materials and wind turbine parts. But what makes the green economy different today is that it also attracts people who simply want to do well — as in, make money — rather than people who want to do good."
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