The Federal Reserve in mid-August issued guidelines for evaluating nontraditional financial firms’ requests for master accounts to access the Fed’s payment services.
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Price Inflation, Marginal Cost Pricing, and Principles for Electricity Market Redesign in an Era of Low-Carbon Transition
Price inflation, marginal cost pricing, and principles for electricity market redesign in an era of low-carbon transition
Economies across Europe face unprecedented challenges arising from the soaring cost of energy which holds the prospect of turning into major social and political crises. In the UK, without any intervention, total household consumer expenditure on energy is set to rise from £64bn in 2021 to around £200bn – an increase exceeding defense and education expenditures combined. The rise is dominated by expenditure on electricity and gas, split (on average) roughly equally between the two. Energy costs are a prime factor driving general inflation in the UK to at least 10%, whilst poor households face cost-of-living increases of almost 20%.
As always, if you find value in this work I do, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List! You can get it in your inbox or read it on Patreon, the content is the same.
Michael Grubb appears on BBC Panorama to discuss his INET research on European energy markets
Many of the creatures featured in this piece, as well as our coastal economies, are under threat as the climate crisis warms ocean waters and threatens coastal ecosystems
"This has nothing to do with "demeaning coverage" and everything to do with a government in Honiara allergic to scrutiny."
Today’s Sunday Bizarro cartoon is one of those that rewards careful
readers. It is also a testament to how changing one letter in a familiar
phrase can completely change its meaning and lead to a chuckle.
An idea. Combine two things to solve a big problem: Solar Water Still and Greenhouse– greenhouse that runs on salt water. A “solar water still” is often a tent that has salt water at the base and captures the evaporated … Continue reading
The failure of its leaders to understand how sovereign currencies work is now starting to cripple the West
Because global warming doesn’t take a holiday
At summer’s end, if we’re lucky, we may find ourselves with bare feet and sun-warmed skin; our senses soothed, our bodies attuned to nature’s rhythms. A recent study found that more than half of American adults are traveling for Labor Day this year, leaving the hustle behind to squeeze the last golden drops of summer at beach, lake, park, and mountain; savoring deep memories and anticipating future pleasures. This time of year reminds us of so much to be grateful for in the natural world.
U.S. employment has remained strong since last Labor Day amid high inflation. If the labor market weakens, how would that affect vulnerable workers?
This food timeline started as a way to explore the revolution in Australian food that has occurred during the baby-boomers’ lifetime, but has since expanded to include more about the previous decades (and century) as well. Also included are overseas events and trends that had an impact here. The entries are brief, but there are lots of links if you want more information.
Varroa mite is a small parasitic mite that attaches itself to honey bees. By feeding, it weakens the bees and can spread harmful viruses. Until 2022, Australia was believed to be free of the mite. In June of that year, the mite was detected in so-called “sentinel hives” at the Port of Newcastle. And it […]
I wrote a couple of pieces for apolitical a few years ago, but didn’t persevere. I then got an invitation to discuss my experience with the inevitable internal review and had a good discussion. Saying that apolitical seemed very optimised … Continue reading
by Yiran Cheng
China, as the world’s second-largest economy and a rising superpower, is an integral part of the discussion if a steady state economy is ever to be achieved at a global scale. China’s environmental impact grows by the day, yet serious consideration about intentionally slowing economic growth has seldom occurred, let alone the possibility of a sustained 负增长, the Mandarin translation of “degrowth”.
This is not to say China is oblivious to its environmental toll.
The post Prospects for 负增长 Toward a Steady State Economy in China appeared first on Center for the Advancement of the Steady State Economy.
In 1991 Margaret Thatcher accepted an invitation to speak in the city that had just ceased to be Leningrad and was now St. Petersburg again. As a demonstration of the ruthlessness that has made it so good at holding on to power, her own Conservative Party had deposed her the previous year as prime minister […]
The post The Party’s Over appeared first on The New York Review of Books.
We took another clip from one of our live Twitch Channel songwriting sessions we did and posted it on our YouTube channel.
We just turn on the camera and try out new ideas and see what we come up with.
Hey Ocarina (Live Stream Clip)
Sometimes to come up with an idea I just look for a sound on my keyboard by just spinning the dial it has to scroll through sounds and use what it lands on.
What if we tried an Ocarina sound?
This time it landed on the Ocarina sound.
I only know the Ocarina from the Legend of Zelda game Ocarina of Time.
Over the last four decades, the US economy has done quite well for the top 1%, but it has been stagnant for most Americans. This was not an accident, nor the natural workings of the market and certainly not an inevitability. US policies have been deliberately structured since 1980 to redistribute income upwards. In other words, the system has been rigged.
The post Grandpa’s Silly Mustache appeared first on The Perry Bible Fellowship.
Small-dollar mortgages can address housing insecurity and racial inequity in housing, but several challenges must be overcome to increase access to them.