Changing Economy

The Big Gamble:  Betting Our Future on Ignorance?

The Big Gamble: Betting Our Future on Ignorance?

The following Newsweek opinion piece’s principal message is that the current COVID-19 pandemic should teach us the lesson about the cost of failing to recognize foreseeable disasters and take actions to mitigate them.  Denying the science behind pending catastrophes doesn’t make them go away.   “The real discussion we should be having is not about the age-old debate of big government versus small…

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Once Again OUR Tax $$$s are Supporting the Fossil Fuel Industry and Therefore Climate Change

Once Again OUR Tax $$$s are Supporting the Fossil Fuel Industry and Therefore Climate Change

Before I start my overview of the attached article I want to address the feedback I received from many of you about my format.  Thanks to all of you who responded.  The first point was that almost everyone liked it and encouraged me not to change it.  That said, there was some confusion on the overall scheme.  So let me try to…

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It’s FINALLY Happened!!!

It’s FINALLY Happened!!!

“Georgia regulators this month halted the last proposed coal plant in the United States.” “”This represents the end of a bad idea,””   VICTORY!  FINALLY!  The seeds of the campaign to stop any new coal plants from being built and put into operation started here in Chicago back in the mid 90’s with the Sierra Club Northern Illinois Air Quality…

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Is Oil Finally Burnt Out?

Is Oil Finally Burnt Out?

I have been warning of the impending collapse of the fossil fuel business especially oil.  And, with it the devaluation of value of the oil companies’ stock price.  I expected it to happen quickly when it occurred but I certainly didn’t expect it to happen due to a global pandemic.  But here we are. As predicted, it ain’t pretty.  And after we get past…

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Could Climate Change Modeling be Wrong?

Could Climate Change Modeling be Wrong?

Several of my recent posts have been focused mostly on renewable energy.  Today, I am going back to what we can expect from a warming climate and the implications thereof.  As readers you know that I have been preaching about how projections of the horrid outcomes of warming the atmosphere of our planet will be much worse and come faster than the “experts”…

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The Bee Gees Understood the Winds of Change

The Bee Gees Understood the Winds of Change

First of all, click on the video below and enjoy some Bee Gees music while you read this.  You’ll get the connection.   As I wrote about in my last post, renewable energy is blowing away fossil fuels.  It’s not only a prediction any more.  It’s reality.   “Renewable energy beat coal for generating electricity for the first quarter of…

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The Answer, My Friend, Is Blowing In The Wind (Credit to Bob Dylan)

The Answer, My Friend, Is Blowing In The Wind (Credit to Bob Dylan)

The winds of change are blowing.   I’ve alerted you too many times to count that the energy industry is changing rapidly and is nearing a tipping point.  Actually, given the current situation, may have been pushed permanently beyond the tipping point and into a new reality.   Here’s some more evidence of how the rapidly evolving future is currently…

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Could Soaring Flood Insurance Premiums Trigger a New Mortgage Crisis?

Could Soaring Flood Insurance Premiums Trigger a New Mortgage Crisis?

As if we don’t have enough to be stressed about, we are facing “The Perfect Storm”.  For those who read the book or saw the movie, you know that this is when three separate storm fronts crash together creating complete chaos.  And that’s what we are now facing: The Corona Virus, Climate Chaos and a completely inept government that has…

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