The Economic Risks of Climate Change in the United States (PDF); prospectus (PDF); press coverage (YT) - "The signature effects of human-induced climate change—rising seas, increased damage from storm surge, more frequent bouts of extreme heat—all have specific, measurable impacts on our nation's current assets and ongoing economic activity. [The report] uses a standard risk-assessment approach to determine the range of potential consequences for each region of the U.S.—as well as for selected sectors of the economy—if we continue on our current path..." [more inside]
UN Climate Report: We Must Focus On 'Decarbonization', and It Won't Wreck the Economy - "The basic message is simple: We share a planet. Let's start acting like it." [more inside]
How The Economic Machine Works by Ray Dalio actually makes a case against austerity and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
Over fifty years after Los Angeles' first nuclear meltdown, the State of California is finally getting around to decontaminating the radioactive fallout.
Conservative Republican California State Assemblyman Michael Duvall (Orange County) didn't realize his mic was live, moments before the start of a legislative hearing this past July. So when the 54-year-old married father of two began describing his ongoing affairs with two different women in very graphic detail for the benefit of a colleague seated next to him, he had no idea that he was being recorded. The story was picked up by KCAL, who cited unnamed sources that said Duvall was describing affairs with two married lobbyists. [more inside]
Infrastructurist. Although the blog is only a few days old, they've already debunked some of the myths of 24, interviewed Michael Dukakis, and grappled with Amtrak economics.
Clean air? We don't need no stink'n clean air. "The White House firmly defended Energy Secretary Spencer Abraham on Tuesday as newly released documents showed he held at least eight private meetings with industry leaders -- but none with environmentalists -- while the administration crafted its energy plan." Is this really a surprise?
Republicans plan energy bill "Legislation to be introduced next week by the Senate energy committee chairman would pay billions of dollars in subsidies to the energy companies, which gave generously in last year's campaign." More here.