The people most skeptical of climate change may be doing more to avert it than the doomsayers who typically champion the issue. Michael Shellenberger & Ted Nordhaus describe this paradox of climate politics for the Breakthrough Institute: [T]he energy technologies favored by the climate-skeptical Right are doing far more to reduce greenhouse gas emissions than the ones favored […]

In final speech in parliament before his term runs out, Turkish President Abdullah Gul struck a remarkably sensible and statesmanlike tone, seemingly gesturing toward a future in Turkish politics for himself. The Financial Times: In a possible reference to criticism that the prime minister has become more authoritarian and has muzzled the media, Mr Gul said: “The separation […]

The CEO of Germany’s largest utilty, E.ON, has some stark warnings for European policymakers regarding the continent’s energy policy. While American industry enjoys outrageously cheap natural gas (thank you, shale), energy prices in Europe are rising. In today’s globalized world, businesses are willing and able to pick up and move across the Atlantic to take […]

Usually when you hire an analyst to help invest your money you want to look for a sharp investor with a good record of success. Pension funds, however, don’t seem quite so discerning. A new report from NYT‘s Dealbook found that of the 94 percent of pension funds that hire outside investors to aid in making investment […]

Today is the first day of the rest of Obamacare’s life: the online marketplaces have launched nationwide, and, theoretically, the uninsured should now be able to shop for coverage. Now what?The most obvious thing to note is that though the exchanges have “launched,” many aren’t yet fully functional. We can continue to expect similar glitches, […]

America has just reached an ignominious milestone: ten percent of recent college grads with outstanding loans have defaulted on their debt—the highest figure in nearly two decades.The two-year default rate, which measures the number of defaults for students who have been in repayment for less than two years, has risen steadily throughout the recession. The Department […]

Sanity and balance are hard to come by in the Obamacare debate, but Megan McArdle has just delivered both in a recent post, “11 Pieces of Obamacare Conventional Wisdom That Shouldn’t Be So Conventional.”McArdle is no fan of Obamacare—she’s outlined some of her problems with it here, and proposed an alternative here—so many of her eleven […]

Today marks the 20th anniversary of the federal gas tax (h/t National Journal). Implemented in 1993, the tax adds 18.4 cents per gallon to your total cost at the pump, and the revenue is used to maintain federal roads and bridges.  States levy their own gas taxes that add between 8 and 50 cents per […]

Buddhist mobs killed 4 Muslims, including a 94-year-old woman, and torched more than 100 homes this past week in the restive Burmese province of Rakhine. The Guardian reports: The latest clashes began in Thandwe on Saturday after a Buddhist taxi driver told police he had been verbally abused by a Muslim small business owner while trying […]

Now that the day has finally come, the media is excitedly enumerating all the ways the government shutdown will disrupt our lives. Yet if lists like these truly represent the worst the shutdown has to offer, it may not be so bad. Some early fall vacations to national parks will be disrupted, aspiring gun owners […]