Month June 2011

Should incandescents be outlawed?

Andrew Rice writing in the NYT bemoans the passing of the incandescent light bulb, saying light from them is perfect, that LED manufacturers are still furiously trying to duplicate the beauty of incandescent light, and this is the sad end…

Public pension accounting rules far laxer than private

Government pensions, including CalPERS and the other public pension plans in California, are permitted to use far laxer accounting standards than private pension plans. This allows them to greatly overstate how much money they have and to understate future liabilities,…

Climate Change: How bad can it be?

It is easy to become lulled into intellectual somnolence by the seemingly gradual changes we are incurring in our weather. After all, just how bad can a couple of degrees be? Oh, we wake up every once in a while…