Posts Tagged ‘externalities’
Al Gore's convenient truths about investing (updated)
Atlantic editor James Fallows recently interviewed Al Gore about his decade-long project to test his ideas about green investing. Fallows calls it “an audacious attempt to show that a ‘sustainably’ minded investment strategy could make more money than one simply focused on profit-maximization.” Gore might have been tempted to call the project yet more inconvenient truths, as a…
Read moreRooftop solar is under attack
The solar-energy industry has been an engine of growth for California over the last decade, and now the investor-owned utilities (IOUs) want to boost their profits by throttling back that engine. Of course, the rapid expansion of solar power has been an environmental boon as well—and the IOUs’ latest rate proposals, if enacted, will ensure…
Read moreMake carbon polluters pay
The real cost of carbon pollution is paid by everyone. It should be paid by those who sell and burn the carbon. If a factory leaves a toxic residue of chemicals on its abandoned site, the factory owner is liable for cleanup. If someone dumps an old car in the river, he will be charged…
Read moreKilday-Hicks: Unions will join divestment consensus
Russell Kilday-Hicks wrapped up the Sacramento launch of Fossil Free California, speaking for union members. He is statewide vice president of the California State Employees Association, an active member of the CSU Employees Union, and a staff employee at San Francisco State University. His speech: I am statewide VP for the organization that started CalPERS…
Read moreIs gas too cheap?
If you filled up your car in California this week, you probably noticed it didn’t cost much. Gasoline is a bargain, on average just $3.06 a gallon across the state. Even in high-priced San Francisco, it’s cheap: $3.24, and falling fast. Compare this to the statewide average of $4.26 a gallon six months ago, and…
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