On Feb 16, 2018 and Jul 12, 2019 we posted blogs titled “Coin of the Realm” and “Coin of the Realm – Update” in which we suggested that legal tender is what the government says it is and governments don’t like competition. Government action has always been a risk factor for investors in cryptocurrency. Recent … Continued
Reuters recently reported that India’s coal-fired power generation capacity is expected to rise by 22.4% in three years, based on comments by India’s federal power ministry’s chief engineer. India, the third largest emitter of greenhouse gases, saw annual coal demand increase 9.1%, to nearly 1 billion tonnes, in the year ended March 2019. Coal demand … Continued
We have previously commented on proposals by economists and political scientists that would substitute universal income policies as credible alternatives to existing social programs such as unemployment insurance. (see blogs dated 2015-12-17, 2016-11-22 and 2018-05-02,) The idea is straightforward: Provide citizens with a minimum allowance, without means-testing, that would give everyone the wherewithal to live … Continued
Following a recent visit to India, I came away with several pertinent climate and energy observations. Traffic in major cities, such as Delhi and Mumbai, is very difficult. Air quality is bad. In the morning, visibility from my hotel room window was generally less than one mile. While some improvement developed during the day, the … Continued
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