As energy use goes, so goes the economy
It’s fairly well-known that economic activity tends to track energy use. It follows that we can learn some interesting things about the economy by examining trends in energy use.
For example: the Energy Department’s Energy Information Administration (EIA) tracks electricity sales, and its data holds intriguing—and troubling—clues on the prospects for growth in the U.S. economy.
In the U.S., electricity sales grow at a steady 1-2 percent rate per year, with occasional troughs mapping to slowdowns in economic activity.
Why did the climate bill fail?
With the climate bill officially dead, there’s already a trickle of “who’s to blame and what they should have done differently” pieces. I expect it will soon become a flood.
Most of these pieces will focus in the wrong places. Take Lee Wasserman’s new op-ed, “Four Ways to Kill a Climate Bill,” an instant classic of the genre. Wasserman doesn’t like the way Dems talked about the issue and he doesn’t like the policy framework they put forward, which is of course his right.




