Insight and inspiration in turbulent times.
While the dominate public narrative has been that we are making great leaps toward a low-carbon economy through the rapid deployment of renewable energy, the IEA report in late March showed a civilization moving inexorably toward climate catastrophe.
Improbably, the global economy has returned to growth over the past four years despite the ravages of a deflationary debt collapse, a punishing oil shock, ongoing constraint from debt and deleveraging, and stagnant global wages.
The surge in global coal consumption, driven largely by China and India, has climate scientists deeply worried. But environmentalists and a growing number of financial experts say that alarm over global warming may halt the seemingly inevitable rise of the coal industry.
