Archive for the ‘Energy’ Category

A quick look at recent wage growth

January 20th, 2016

One can decompose the growth in real (inflation-adjusted) weekly earnings into the parts due to: a) hourly wage growth b) weekly hours worked c) inflation So, the growth in real weekly earnings = a + b – c, or nominal hourly wage growth plus hours growth minus the rate of inflation. Now that we have… Read more

Here’s one reason it’s really hard to do enough on climate: Gas prices are the same today as they were 10 years ago!

November 30th, 2015

I understand that there are many reasons why it’s hard to get anywhere close to the amount of intervening we should be doing to push back on carbon emissions. We heavily discount future risks, deep pocketed interests fill their deep pockets with profits maintained by the status quo, they buy politicians who help them wit… Read more