In The News

Japan Sweats It Out as It Wages War on Air Conditioning

Sebastian Moffett September 18, 2007
In August, Japan's three biggest banks joined the ranks of the "Cool Biz" initiative, a movement to reduce energy use and decrease carbon output. "Cool" businesses maintain building temperatures at 82 degrees Fahrenheit. Bank officials discovered that the move was good for both the environment and business. Concerned about global warming, Japanese customers avoid firms...

Globalization Was Good Then, Not Now

Mark Thirlwell September 17, 2007
Even as economists fret about sustaining global economic integration and politicians in the wealthiest nations make opposition to globalization a winning campaign theme, the phenomenon continues to connect the world. Such a dichotomy may not continue for long, warns economist Mark Thirlwell. Growing alarm in the developed nations stems from the emergence of powerful competitors in the developing...

Cut Fuel Use and the Trade Deficit

Bruce Stokes September 14, 2007
An old saying suggests that “killing two birds with one stone” is the height of efficiency. Pressuring China to re-set the yuan to a higher value and cut subsides has not helped to lower the US trade deficit. Instead, the US could take immediate action regarding one major import, suggests Bruce Stokes. “Net US outlays for imported oil and natural gas exceed the nation’s trade balance with China,...

Biofuelling the Food Crisis

John Vidal September 10, 2007
The notion of an automobile powered by fuel produced from plants appeals to any nation worried about dependence on foreign oil or declining oil reserves. A biofuel boom presents ostensibly environmentally-friendly implications, yet leads some analysts to predict a food crisis for the world’s most vulnerable populations. Plants for fuel will inevitably compete with food-plants, prompting rising...

The Great Leap Backward?

Elizabeth C. Economy September 7, 2007
China has become a leading polluter in the world, with its citizens suffering from air pollution, decreasing supplies of potable water and reckless development. Consumers around the world buy inexpensive goods from China, but do not pay the true costs. The country has environmental laws, but businesses and local leaders ignore them in order to increase jobs and profits. The nation is capable of...

Storm Surge

Bjorn Lomborg September 7, 2007
Extreme weather events spur public worries about global warming, and costs associated with such events have increased steadily in recent years. Yet the high costs are linked to increased development in low-lying coastal areas more so than climate change, suggests author Bjorn Lomborg. Governments have developed a “blinkered focus” regarding ways to slow costs associated with extreme storms and...

Jatropha Plant Gains Steam in Global Race for Biofuels

Patrick Barta August 31, 2007
Jatropha shrubs don’t need much water and grow like weeds in desert or roadside conditions. But Indian farmers have new respect for the plant. Jatropha seeds contain a substance compared to palm oil, and Indian farmers are taking on some big risks by planting fields of the one-time troublesome weed originally from South America. Amounts of oil per plant vary for now, but researchers work to...