The way forward after the Senate’s climate failure
Here’s President Obama in April 2009:
Now, the choice we face is not between saving our environment and saving our economy. The choice we face is between prosperity and decline.
As of yesterday, it looks like we’re gonna go with decline. Prosperity was over-rated anyhow. That’s what seems to be the message, anyway, from DC, where “pragmatism” from leaders has resulted in a complete capitulation on any subsantive climate and energy bill.
Read more: The way forward after the Senate’s climate failure
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.




