Bernanke’s speech back in 2002 can help shed some light on the question of how asset prices have been taken under consideration in the past by the Fed. It also helps explain how these prices will affect monetary policy in the future.
Much of what I’m reading these days – in blogs, in articles – seems to swirl around the idea of efficiency: measuring efficiency, metrics for efficiency, foundations granting to efficient non-profits…and on and on. I don’t actually set out to look for these articles, they are just there – alongside the many discussing how to […]
Forging a new partnership between the United States and China can help address climate change, but only if regulatory and market shortcomings can be overcome. A new alignment on energy and the environment between China and the United States sounds like a formula capable of delivering real solutions on climate-change issues. China’s abundant scientific research-and-development […]
New York Mayor Bloomberg harnessed the green power of Earth Day to unveil a plan that would require NYC buildings – responsible for 80% of the city’s emissions – to undergo regular energy audits and retrofits, as needed, in order to become more energy efficient. The announcement was made just a couple weeks after Bloomberg […]
Shanghai, often recognized for its free-market tendencies and environmental leadership, is introducing China’s first municipal trading mechanism as a means to curb pollution. Last Friday, in advance of a major carbon trade industry event taking place in Beijing this week, word began surfacing in the Chinese media that Shanghai plans to pilot an emissions trading […]
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