A wide gulf has opened up between mainstream Australian values and the prescriptions of our urban planning academics. So much so that the latter are at risk of degenerating into a cult. While it’s usually unfair to criticise a group in generalised terms, there are ample grounds in this case. Anyone who doubts the existence of an urban planning “establishment” in and around the Australian university system, and that it’s in thrall to ultra-green groupthink, should revisit some recent correspondence to our newspapers. read more »
Barack Obama goes to this week's Pittsburgh G-20 with what seems the weakest hand of any American president since Gerald Ford. In reality, he has a far stronger set of cards to play — he just needs to recognize it.
Our adversaries may like our new president, but they don't fear him. And, on the surface, why should they? The national debt is rising faster than the vig for a compulsive, debt-ridden gambler. And our primary rivals, the Chinese, continue to put the squeeze on American producers by devaluing their currency, subsidizing exports and penalizing imports. read more »
It is an old saying, but true as ever: “Time is money.” A company that can produce quality products in less time than its competitors is likely to be more profitable and productive. An urban area where employees travel less time to get to work is likely to be more productive than one where travel times are longer, all things being equal. Productivity is a principal aim of economic policy. Productivity means greater economic growth, greater job creation and less poverty. read more »
Now that Senators have reconvened from summer hiatus, one of their first tasks will be to contemplate the greenhouse-gas cap-and-trade carbon market that President Obama would like to institute to blunt global warming. Their necks better be limber. Partisans of Keynesian, market-based regulations will undoubtedly point to the Midwest's federally run "acid rain" program to reduce harmful power-plant emissions as proof that giving industry profit incentives in cleaning up their operations can be successful. read more »
Dickson D. Desposmmier, in a recent op-ed in the New York Times, argues that the world, faced with increasing billions of mouths to feed, will soon run out of land. According to Mr. Despommier, “the traditional soil-based farming model developed over the last 12,000 years will no longer be a sustainable option.”
Despommier’s answer to this ‘problem’: “move most farming into cities, and grow crops in tall, specially constructed buildings.” Such vertical farms, argues Despommier, would “revolutionize and improve urban life,” while also addressing issues such as agricultural runoff, air pollution, and carbon emissions.
To sophisticated urbanites with little or no exposure to agriculture, vertical farming may seem to present a sort of utopian panacea. But first one must look at the underlying problem Mr. Despommier claims to address: land shortages. read more »
Not for the first time, reality and politics may be on a collision course. This time it’s in respect to the costs of strategies intended to reduce greenhouse gas emissions. The Waxman-Markey “cap and trade” bill still awaits consideration by the US Senate, interest groups – mainly rapid transit, green groups and urban land owners – epitomized by the “Moving Cooler” coalition but they are already “low-balling” the costs of implementation. read more »
Earlier this month the Alaska state legislature, in a special session, voted 44-14 to accept $28.6 million in stimulus funds that Sarah Palin had rejected in May. Sean Parnell, Alaska’s governor since Palin's resignation, says the money will be used primarily for energy efficiency improvements in public buildings.
The tale of the showdown between Palin, the state legislature, and the federal Department of Energy may ultimately reveal as much about state sovereignty under the current administration in Washington as it does about Alaska's internal politics. read more »
With the home building industry in peril, you would think that legislators would come up with immediate solutions to help foster new home construction. And there are now two well known Federal programs regarding housing: one is the $8,000 tax credit for first time home buyers, and the other is the 30% energy tax credit for a select few components of home remodeling. read more »
The 230 Miles per Gallon Claim: The General Motors (GM) announcement last week that the Chevrolet Volt would achieve 230 miles per gallon in city driving and a rating of more than 100 miles per gallon with combined city and highway driving sadly contains more hype than reality. The Chevrolet Volt is a plug-in hybrid vehicle that GM intends to begin marketing in 2010. GM has indicated that the car will be able without gasoline for 40 miles, on its rechargeable battery. After the battery is depleted, the car would begin to use gasoline. The 230 mile per gallon figure, according to GM, was calculated using a proposed but yet not revealed Environmental Protection Agency fuel economy testing procedure. Similarly, the details of the GM calculation were not revealed. read more »
Debate about immigration and the more than 38 million foreign born residents who have arrived since 1980 has become something of a national pastime. Although the positive impact of this population on the economy has been questioned in many quarters, self-employment and new labor growth statistics illustrate the increasingly important role immigrants play in our national economy. read more »