Soul searching in economics, Davos division

Lynne Kiesling In Davos on Friday, the FT’s Martin Wolf chaired a panel discussion of economists including Peter Diamond, Joe Stiglitz, Robert Shiller, and Brian Arthur. His summary of the discussion is very well worth reading, because he highlights 10 important ideas that arose in the conversation. I’m going to summarize them here, which is … More Soul searching in economics, Davos division

Keystone XL jobs: estimates range from a few thousand to about 1.47 bazillion

Michael Giberson The Columbia Journalism Review takes a look at the jobs numbers that have been cited in news stories about the Keystone XL pipeline and traces them back to their shaky foundations. It is a detailed and useful reminder of the slim link to reality that these claims have. (I use an easier method: … More Keystone XL jobs: estimates range from a few thousand to about 1.47 bazillion

Minnesota biomass projects squeezed by low natural gas prices, leaves some hoping for higher gas prices

Michael Giberson The Minneapolis Star Tribune reports that low natural gas prices are putting the squeeze on biomass-based energy projects in Minnesota, in some cases including biomass projects supported by direct taxpayer or ratepayer subsidies. One example, an ethanol plant once gained about 20 percent of its heat from a $20 million biomass gasification system. … More Minnesota biomass projects squeezed by low natural gas prices, leaves some hoping for higher gas prices