Addendum to: Solutions to the Fossil Fuel Economy and the Myths Accelerating Climate and Economic Collapse http://membrane.com/global_warming/Basic-Economics.html Climate Responsibility and Accountability Introduction The original purpose of Solutions to the Fossil Fuel Economy and the Myths Accelerating Climate and Economic Collapse was to focus on practical solutions rather than assigning blame. Since its publication, however, many […]
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Climate Responsibility and Accountability
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The Evolution of Climate Change: From Linear Warming to Nonlinear Earth-System Acceleration
By Daniel Brouse and Sidd Mukherjee During the 1980s, I worked primarily as an economist specializing in risk management. By the early 1990s, however, it had become clear that the greatest systemic risk facing civilization was not financial—it was climate change. Working with physicist Sidd Mukherjee, we began developing what we called the Nonlinear Acceleration […]
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Climate Tipping Points and Cascading Feedbacks
Climate Tipping Points and Cascading Feedbacks: Assessing the Current State of Earth’s Critical Climate Systems (2026 Review) Daniel Brouse and Sidd Mukherjee June 2026 Abstract Climate change is no longer characterized solely by gradual increases in global temperature. A growing body of observational evidence demonstrates that multiple components of the Earth system are approaching—or in […]
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Quantifying the Climate Tax: The Full Ledger of Harm
Macro-Welfare Frameworks vs. Economic Justice Valuation in the United States Daniel Brouse and Sidd Mukherjee I. Introduction A. Research Problem Climate change imposes large and growing costs on the United States, yet there is still no centralized national ledger that captures the full burden in a unified way. Conventional economic indicators—especially GDP, insured losses, and […]
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The Welfare Cost of Climate Change in the United States
A Per-Capita Estimate of Mortality, Morbidity, and Life-Expectancy Loss in 2025 Daniel Brouse and Siddhartha MukherjeeJune 2026 Abstract: Climate Welfare Accounting Framework (CWAF) Climate change is often discussed in terms of physical damages, disaster losses, or aggregate effects on GDP. Those measures are important, but they understate a central reality: climate change is also a […]
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Wholesale Inflation Surges to Highest Level Since 2022: Consumer Prices May Be Next
The latest inflation data delivered an unwelcome surprise. According to the U.S. Bureau of Labor Statistics, the Producer Price Index (PPI) for final demand rose 1.1% in May on a seasonally adjusted basis, pushing wholesale inflation to 6.5% over the past 12 months—the highest annual rate since November 2022. The increase exceeded expectations and represents […]
Inflation Surges to Three-Year High as Oil Shock Ripples Through the Economy
Rising Energy Costs Push Inflation Higher U.S. consumer inflation accelerated sharply in May 2026, reaching its highest level in three years according to the latest data released by the Bureau of Labor Statistics (BLS). The Consumer Price Index (CPI), the government’s primary measure of inflation, rose 4.2% over the previous twelve months, up from 3.8% […]
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Don’t Be Fooled by Oil Futures: The Hidden Supply Crunch
Don’t Be Fooled by Oil Futures: The Hidden Supply Crunch in U.S. Commercial Inventories and the Strategic Petroleum Reserve at Multi-Decade Lows Introduction: Paper Markets vs. Physical Reality Oil futures markets are currently sending a deceptively calm signal. Prices appear to reflect a system that is balanced, or at least manageable. But beneath that surface, […]
The Future: Feedback Loops and the Limits of Human Adaptation
Introduction: Bounded — But Potentially Extreme Q: What is the most likely future climate scenario? A: Accelerating climate disruption driven by interacting feedback loops. The good news is that physics places limits on the absolute worst-case outcomes. Earth is not expected to undergo a runaway Venus-style greenhouse effect in which oceans boil away and the […]
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Oil Forecast: Record Highs Before Structural Collapse?
What is likely to happen to the price of oil? While the future is uncertain, the highest-probability outcome may be a period of the highest oil prices in history followed by some of the lowest sustained prices in modern history. In the short term, geopolitical instability, supply disruptions, war risk, and constrained global production capacity […]
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