Contrary to global warming which is barely an issue in the presidential campaign, energy policy and the dream of weaning America off its “addiction” to foreign oil has become one of the main battlegrounds between candidates Obama and McCain. But do they really understand what is at stake?
High oil prices and a 4 dollar per [...]

Most of my readers will know by now that Herman Daly [Wikipedia] [Encyclopedia of the Earth] is one of my long-time heroes. When I started reading him in the beginning of the eighties, I came to understand the weaknesses of classical economics and the promise of ecological economics. His diagnosis of the established economics paradigm is [...]

For all the political rhetoric about the urgency to fight climate change, political and economic elites still do not seem to understand the full ramifications of our global crisis. This is illustrated once more by the revolt of six “new” EU member states (Latvia, Poland, Hungary, the Czech Republic, Slovakia and Estonia) against the Commission’s decision [...]