After just a 20 minute turn from #335, Hiawatha #338 heads back to Chicago with a heavy load of passengers. Photo by David Johnson and NARP After losing money for the better part of the decade — even with generous government subsidies and protection — airlines returned to profitability over the last couple of years, … Continued
While many news stories have carefully followed the price of oil over the last few weeks and months, many have missed the distinction that unlike the late 70’s, this price spike results from overwhelming demand, rather than an unnatural crimp in supply, as was the case with the embargo — the last time we saw … Continued
This headline on CNN today (Here comes $100 oil, and $3 gas) caught my attention in relation to a story in our newsletter yesterday. Crude oil futures did actually hit $90 yesterday, after hovering in the $80 range, edging upwards towards $90. Which basically means that more traders are betting that the actual price of … Continued
Joel Kotkin teamed up with Ali Modarres last Sunday to pen a piece for the Washington Post entitled “Hot World? Blame Cities, ” in which they ignore most of the scientific evidence about lower per capita carbon emissions of city residents, placing the blame for global warming largely on the shoulders of city-dwellers, and proposing … Continued
The growing demand for conveniently located housing in walkable, accessible, compact neighborhoods with a mix of uses has been well-documented, but according to research released today, meeting that demand could significantly reduce the growth in the number of miles Americans drive, shrinking the nation’s carbon footprint while giving people more housing choices. A new book, … Continued
As gas costs go up and geopolitical concern over oil supplies rises, many Americans are feeling increasingly vulnerable. But residents in some metro areas are more exposed than others. Places where “affordable” housing lies at the distant fringe no longer look so affordable. Spread-out metros like Atlanta, where Gov. Sonny Perdue cancelled school during the post-Katrina fuel shortage, are especially susceptible to fluctuations in gas prices…
California paved the way last year for states to take the lead in tackling rising greenhouse gases when Gov. Schwarzenegger signed AB 32, which promises to reduce the state’s greenhouse gases to 1990 levels by 2020. Cleaner energy, efficient cars, and green buildings are all part of the equation, but some state leaders question whether they can make much progress given the increase in driving required by sprawling development…