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How do you account for the externalities?

Economists refer to externalities as those factors that can influence growth but that are beyond the influence of humans to determine. As ar result, the members of this esteemed profession tend to ignore externalities.

If we’ve left it too late …

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Balancing economics with the environment

Recent comments by An Qiyuan, chairman of the Chinese People’s Political Consultative Committee for Shaanxi, warned of the environment and social catastrophe facing the northwestern province of China because of a shortage of water.
He was referring to the diversion …

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Life gets more complicated for methanol

In the good or maybe the bad old days depending on your standpoint, methanol was a fairly straightforward product.

You had chemicals demand and that was more or less it. But as the extended analysis below explains, chemical producers who …

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Will Dow ever crack India?

The two big gaps in the US major’s Asian presence (and gaping gaps they indeed are) are cracker complexes in India and China.

China could be fixed through the alliance with PIC – meaning, Dow has leverage to get a …

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Bali doesn’t go anywhere near far enough

At least the US is on board, but the pact to reduce emissions by 25-40 per cent by 2020 might well not be sufficient to prevent the 1.5 centigrade rise in global temperatures that will be disastrous for the planet.…

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Asia needs a recesssion

Asian industry leaders are playing lip service to the environmental crisis the world confronts .
George Monbiot, the excellent author and journalist, argues that what the West needs is a recession to give the planet a breather.Asia also needs a …

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Asian biofuels face a big crisis

After all the optimism, all the hype and a lot of investors’ money, the industry has shot itself in the foot by failing to build demand ahead of supply.

Plus the negativity caused by food versus fuel and environmental counter-arguments …

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I wish the energy game were as simple as this…..

Click on the link here for a virtual way of boosting your green credentials without having to recycle one actual plastic bag, being knocked into the gutter by a gargantuam-bellied white van driver while cycling to work or cancelling one …

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Will the next World War be over water?

Please read this – http://www.nytimes.com/2007/09/28/world/asia/28water.html?_r=1&pagewanted=all&oref=slogin

Don’t worry, just keep concentrating on the short term – after all, all you have to do is keep your boss happy and make it through to retirement with loads of money in the bank.…

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Is your glass half empty of half full?

Hopefully, completely empty if you happen to live in China and can only afford to drink tap water.

However, it’s not the environment that this is this week being viewed as the biggest threat to the economy, but rather inflation …

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