Eco-nomics

Greenspan Quote About Oil - Iraq and War Is Not Quite What It Seems

Backing Off Idea that Oil Caused This War, Ex-Fed Chief Says Oil Is Reason Enough For War

Alan Greenspan, the former Federal Reserve chairman, did say the Iraq war is “largely about oil” and that American interest in the Middle East is all about ensuring enough oil flows to run the U.S. economy, according to excerpts of his new book quoted widely today and this weekend.

More European Companies Switch to Green Power

(CSRwire) LAUSANNE, SWITZERLAND - September 14, 2007 A growing number of European companies are switching to renewable energy for their manufacturing plants, stores and office facilities. Renewable energy is allowing more companies than ever to power their operations while realizing a number of business benefits in the process.

Window to Prevent Catastrophic Climate Change Closing; EU Should Press for Immediate U.S. Action

Washington, D.C.—Consumption of energy and many other critical resources is consistently breaking records, disrupting the climate and undermining life on the planet, according to the latest Worldwatch Institute report, Vital Signs 2007-2008.

Homeowners Seek Group Discounts On Solar Energy

By Pooling Resources, Californians Are Leveraging Buying Power To Lower The Cost Of Solar Panels

It’s basic capitalism: the more you buy, the cheaper your price per unit. It is this very simple economic guiding principal that has allowed giant big box retailers, distributors and other megacorporations to enjoy enormous profits and buying power, from Wal-Mart to HMOs to Standard Oil. Why not use some of that bargaining leverage for good, argues an editorial in the Marin Independent Journal.

Energy giants reveal nuclear plans in face of rising public disapproval

By Terri Judd www.independent.co.uk
Published: 10 September 2007

One of the four companies hoping to build new nuclear power plants in Britain unveiled its proposals for public scrutiny today as it was revealed that more than 90 per cent of people are worried about creating more nuclear waste.

As the energy giant EDF and nuclear specialists Areva launched their proposals, the Government is in the middle of a wider consultation on whether to build such power stations to help meet Britain's future energy needs.

Big Houses Are Not Green: America's McMansion Problem

By Stan Cox, www.AlterNet.com

The recent mansion boom produced millions of energy-wasting homes with thousands of square feet that Americans don't need -- not the behavior of a society that's thinking about a sustainable future.

In Los Gatos, Calif., controversy has raged this summer over the city planning commission’s approval of a proposed hillside home that will occupy a whopping 3,600 square feet – and that's just the basement. Atop that walkout basement will be 5,500 more square feet worth of house.

The Predicted Financial Storm Has Arrived

By Gabriel Kolko

Contradictions now wrack the world's financial system, and a growing consensus exists between those who endorse it and those who argue the status quo is both crisis-prone as well as immoral. If we are to believe the institutions and personalities who have been in the forefront of the defense of capitalism, we are on the verge of a serious crisis-if not now, then in the near future.

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