As we pointed out a few weeks ago, man-made climate change will make extreme weather events much more likely going forward and we are facing a pretty serious one now. More than half of the continental U.S.
One of the big questions environmentalists struggle with is whether there should be a price on nature. For some things, like the cost savings that are realized through cleaner air or water, there is a rote calculation that can be done to price out environmental and health benefits. But, if you think of nature as an independent entity having a worth beyond what it can provide to humans, how do you put a price on it? How much is the Amazon River or the Himalayan mountain range worth?
How to value the economic role that natural resources play and incorporate some of these external costs so that not only are we aware of the impacts, we can begin to start incorporate them into pricing.
Following up on our last post on the link between climate change and extreme weather, a new scientific study was released that found that manmade climate change increases the probability of extreme weather patterns. The study was a joint effort between the National Oceanic and Atmospheric Administration (NOAA) in the U.S. and the Met Office in the U.K.
Even though it’s only the 9th of July, nearly 3,400 maximum and minimum temperature records have been tied or broken so far this month. Dozens of people have died and the lack of rainfall combined with the extreme heat is threatening the Midwest’s corn crop.
Are big corporations taking over American elections? It depends whether you ask liberals or conservatives, who can’t even agree on the basic facts.
In the liberal universe, big corporations have swallowed politics. Common Cause President Bob Edgar summed up this version of reality at a press conference in March, declaring: “We, the people, will not stand idly by while the country’s major corporations use their massive wealth to buy our democracy.”
One of the main reason alternative indicators are important is that they take things that we value on a visceral level, like the environment, and put them into the universal language of capital.
As we all sit around waiting for the Supreme Court to hand down decisions on a whole handful of whoppers — the Affordable Care Act, the Arizona "Papers, Please" law — it was something the Court didn't do this week that may be the most overlooked matter of all. It has before it a case from Montana whereby that state's supreme court upheld Montana's 100-year-old ban on corporate campaign contributions in the face of the U.S. Supreme Court's decision in the Citizens United case.
Ahead of Rio+20, advocates are coalescing around the idea that we need to change the way we measure what is important to achieve true sustainable development. Currently countries measure economic growth, which is often equated with progress, through GDP. However, growth in GDP is increasingly not resulting in progress.
The Federal Election Commission (FEC) voted unanimously to allow Americans to contribute to candidates and political organizations through text messaging.
The Boston Review recently hosted a forum titled, How Markets Crowd Out Morals, in which Michael Sandel wrote the lead essay, arguing that we as a society should be questioning which institutions we allow to be defined by market norms.
Last summer, a Western Beef store in the East Tremont section of the South Bronx became the first supermarket in the city to receive funding through the city’s Food Retail Expansion to Support Health (FRESH) program. The FRESH initiative provides financial and zoning incentives to entice supermarket chains to build new stores in neighborhoods that lack access to fresh, wholesome foods.
Last summer, on her final day as the Chairman of the FDIC, Shelia Bair decried the short-termism that has overtaken both Wall Street and Washington, where “[o]ur financial markets remain too focused on quick profits, and our political process is driven by a two-year election cycle and its relentless demands for fundraising.” This short-termism has taken hold of the reins of our larger political system and increasingly characterizes policy initiatives at every level of government.
The problem of American democracy isn't solely that there's too much money in our politics. It's that the money comes from a narrow (and extremely rich) slice of the electorate.