You are here

OpenMarket

  • The world will not end tomorrow

    October 30, 2006
    Or in a hundred year's time, for that matter. Today's Stern Review from the British government has been marketed as saying global warming means economic catastrophe if we do not decarbonize our economy now and is therefore being used to justify green taxes in the near future. Well, let's take a look at what the Review actually says. I applauded the announcement of the review because it was obvious that the economic assumptions on which global warming models are based needs to be questioned. Yet the review missed the point and just took these assumptions as read. Actually, they did even less than that. As Tim Worstall show, they only picked one economic scenario (IPCC...
  • The U.S. Secretary of Shady Land Deals

    October 30, 2006
    Judith Burns of Dow Jones' MarketWatch reports on the latest shareholder activism from our friends Steve Milloy and Tom Borelli over at the Free Enterprise Action Fund:
    Goldman [Sachs'] donation of 680,000 acres of remote Chilean forest in 2004 continues to chafe the pro-business Free Enterprise Action Fund, which says the gift hasn't benefited Chile or Goldman shareholders. Fund managers, who raised concerns about the deal at Goldman's 2006 meeting, petitioned the Wall Street investment bank on Friday to have its board review the gift next year as part of a broader study of Goldman's "sustainability" projects. […] Goldman's decision to donate the land to a preservation group appears "...
  • World Series the model to follow?

    October 30, 2006
    George Monbiot — the green activist whose perceived wackiness inspired the label “Moonbat” — is at it again. This time he says sport is killing the planet. In this respect, surely Monbiot should give America some credit. After all, we always hear how no-one outside America is interested in Football, Baseball or Hockey. It's soccer, cricket and rugby that involve the most international travel, to say nothing of Track and Field and Formula One. If more countries played only their own sports, perhaps shared with a couple of close neighbors, this problem wouldn't be as significant. Of course, Brits and Australians would have less understanding of India and Africa, but that's a small price to pay, surely. Monbiot has a recommendation for a sport instead: Ultimate Frisbee. That “Moonbat” label becomes a bit clearer now...
  • The UK Takes An Alarmingly Stern Look at Global Warming

    October 30, 2006
    The international media is in a tizz this morning (afternoon in the UK) over the release of the Stern Review on the Economics of Climate Change. The British government commissioned advisor Sir Nicholas Stern to assess the economic impact of global warming and boy, did they get their money's worth. According to his projections, disruptions from a changing climate could end up consuming as much as 20% of global GDP. That's serious. Except that maybe it's not. We sent out a statement earlier today on the Review, and in it, Myron has this to say:
    The report's estimates for reducing...
  • Another American Bird Species Faces Extinction

    October 30, 2006
    It's been a popular visitor and resident in many American front yards for decades, but there is now the very real chance that the pink flamingo may be going the way of the dodo. AP business writer Mark Jewell reports that the Massachusetts company which has manufactured the iconic plastic lawn ornaments since the 1950s may be going out of business: [T]he original version of the plastic flamingo may be singing its swan song after inspiring countless pranks — and being alternately celebrated as a tribute to one of nature's most graceful creatures and derided as the epitome of American pop culture kitsch. Union Products Inc. stopped producing flamingos and other lawn ornaments at its Leominster factory in June, and is going out of business Nov. 1 — a...
  • I'd Have Settled for a Statue in Antwerp

    October 30, 2006
    According to The Wall Street Journal this morning, Al Gore and his take on global warming have become all the rage in...Belgium. It's seems the Belgian Prime Minister was so taken with Mr. Gore's recent visit promoting An Inconvenient Truth that he invoked the former VP's name when introducing a package of new "enviromentally friendly" taxes. This package has been dubbed "the Gore tax," which I can only assume pleases him mightily.
  • Bean Counters Caucus in DC

    October 30, 2006
    The American Financial Services Association is holding its 90th annual meeting here in Washington this week, and attendees are tackling a number of challenges including the threat of identity theft to customers, the multiple levels of regulatory control over member companies and calls for the industry to "do good" in addition to doing good business. A lot of these are issues CEI has worked on as well. For more, see Wayne and Brooke's paper on identity theft, Wayne's latest installment of 10,000 Commandments on regulatory overkill, Isaac's take on "corporate social responsibility" and business do-gooders, and John's work on financial...
  • SEJ 2006: Marc Morano Takes on Alarmist Reporting

    October 28, 2006
    We've known that Marc Morano was a brave man for some time, but he proved it again last night at the Society of Environmental Journalists' conference here in Burlington. He was the lone critic on a panel about the media and global warming entitled "And Now a Word from Our Critics..." Not only was he the only critic of the mainstream reportage of climate change on the five-member panel, but I seemed to be one of the only people in the packed ballroom not actively hostile to his point of view. The panel lineup had changed significantly from the original plan - Associated Press reporter Seth Borenstein was sidelined due to an illness in the family (although was later noted to be listening to the proceedings via cell phone). The final lineup consisted of Oregon Public Radio producer Christy George, ABC News correspondent Bill Blakemore, New...
  • SEJ 2006: Open Source Journalism

    October 27, 2006
    There was yet more cool action from the Society of Environmental Journalists' conference this afternoon as Amy Gahran and Adam Glenn explained what Gahran called "open source journalism." She and Glenn encouraged their audience to become more involved blogging (and commenting online) on issues that they cover, both for professional development and to begin turning their readership into an extended community. Both of those goals, of course, come with significant personal rewards. A journalist who blogs, they explained, will reap the rewards of the distributed intelligence of everyone interested in their topics. Comments on reporter's posts are a great way to suggest story ideas or introduce a corrective point of view....
  • Vietnam Set for WTO Membership

    October 27, 2006
    Vietnam passed a final hurdle in its quest for membership in the World Trade Organization. According to the WTO, the “finishing touches to Vietnam's membership package” are complete, and the documents now go before the General Council, scheduled to meet November 7 for the vote. Vietnam's accession would bring the WTO membership to 150 member countries. On May 31, 2006, the U.S. and Vietnam signed a bilateral market access agreement that was needed as a critical step on Vietnam's road to WTO accession. The President this summer submitted the agreement to Congress, which now has to consider legislation to grant Vietnam permanent normal trade relations. The outcome is...

Pages

Subscribe to OpenMarket