The Great Debate
Power generation from renewable sources such as wind turbines, solar cells and biomass plays a small but important part in satisfying total electricity demand around the world, and is growing at an exponential rate thanks to generous public subsidies and government support.
If anyone has reason to pray that the current equity rally holds, it is the world’s active fund managers who need investors to return to the folly of betting on outperforming the markets rather than the uninspiring but reliable business of cutting costs.
There is nothing like the threat of a hanging to concentrate the mind.
The newspaper industry is in a collective panic over its future. The debate centers on the thorny issue of how publishers might find some way, any way, to make online readers to pay for what they read.
House of Representatives Energy and Commerce Committee Chairman Henry Waxman will this week publish a full text of proposed climate change legislation, including details of a cap-and-trade scheme for regulating and pricing emissions of greenhouse gases.
Larry Ellison, Oracle Corp’s chief executive, is famous for making outrageous predictions about the future of the computer industry and being mocked by rivals and pundits.
The most revealing verdict on the results of the U.S. banking stress test was delivered not by shareholders but by the vigilantes of the bond market, who shunned an auction of 30-year government debt.