South Korea’s top court ruled in August of 2024 that the country’s climate change law does not adequately protect basic human rights and lacks sufficient targets to safeguard future generations. This landmark decision comes after activists accused the government of failing to effectively address the climate crisis. Since 2020, more than 200 plaintiffs, including young […]
Category Archives: Environment
South Korea: Climate Law Fails to Protect Basic Rights
Canadian Wildfires: Over the Tipping Point
by Daniel Brouse August 28, 2024 A study published in the Journal Nature found Canada’s 2023 wildfires released more carbon into the atmosphere than the annual emissions of all but three countries, underscoring a troubling trend. A new study raises serious concerns that Canada’s forests, long considered crucial carbon sinks, may no longer reliably absorb […]
Election 2024: The Decline of Economic Sensibility
I began writing this after listening to Harris’ recent speeches — first on drug prices and then on the broader economic policy of her campaign. My concerns arise from a general disappointment with the direction of the campaign’s economic strategy. Unfortunately, the “deal to cut Medicare prices on popular drugs” is misleading. The claim of […]
Climate Science: Love and Hate
by Daniel Brouse August 9 ,2024 As an economist, I have spent my career studying risk management, and in the process, I have also become a climate scientist—because climate change is the greatest risk to humanity. Climate science is closely tied to our emotions, particularly hate and love. The hatred of scientists and intelligence is […]
Real Estate Market Update
By Daniel Brouse August 5, 2024 Short sellers in the real estate market are currently anticipating a significant downturn, driven by a combination of factors. The recent trend of private investment groups purchasing large quantities of real estate has led to concerns about a potential future liquidation of these assets. As these investment groups may […]
The Politics of Climate Change
By Daniel Brouse As a climate scientist, I have studied the impact of politics on the climate for decades, and the United States ranks among the least prepared countries globally. It also has one of the highest percentages of climate change deniers. Politicians exacerbate this issue by obstructing necessary efforts to combat climate change. The […]
Drill, Baby, Drill (How Hate and Ignorance Distort Economic Perspectives)
By Daniel Brouse July 19, 2024 “Perhaps most importantly is the repeated use of the phrase ‘Drill, Baby, Drill’.” Economic Update: If Trump wins, great news for the very few people whose primary income comes from government securities interest! Unfortunately, very, very bad news for everyone else. Tariffs, protectionism, lack of immigration, and nationalism are […]
The Federal Reserve and the Chevron Decision
by Daniel Brouse July 10, 2024 The Federal Reserve chairman was questioned in Congress today about the potential impacts of the ‘Chevron Decision’ on the Fed. Although he mentioned that it was too early to determine the full effects, he acknowledged that numerous frivolous lawsuits could become a significant hindrance. This uncertainty clearly poses challenges […]
Looming Deadlines for Coastal Resilience: Rising Seas, Disruptive Tides, and Risks
Looming Deadlines for Coastal Resilience: Rising Seas, Disruptive Tides, and Risks to Coastal Infrastructure The report “Looming Deadlines for Coastal Resilience: Rising Seas, Disruptive Tides, and Risks to Coastal Infrastructure” highlights the critical challenges and timelines faced by coastal communities in addressing the impacts of climate change. Key points include: Rising Sea Levels: Coastal regions […]
Climate Change: Climax and Succession Forests
by Daniel Brouse June 25, 2024 Climate change has profound effects on both climax and succession forests, altering their composition, structure, and ecological dynamics. Here’s how these impacts unfold: Climax Forests Climax forests are stable, mature ecosystems that have reached a late stage of ecological succession. They are characterized by a stable species composition and […]