Steven Chu, who faces confirmation hearings in the Senate today, is widely recognized as one of the world’s leading authorities on renewable energy. But less known is the fact that he presents the United States with a unique opportunity to make progress in its ongoing dialogue with China on climate change (see for example this commentary on UPI Asia).
CGD Policy Blogs
In his first speech since Election Day, President-elect Obama warned yesterday that purse strings would be tight at the start of his term for the nation and its people.
But before Obama begins, Inauguration Day celebrations are causing those in DC to consider whether last year's purse strings are suitable attire for the upcoming balls and celebrations.
Today Bloomberg News reports that Russia's national monopoly, Gazprom, has shut down all natural gas shipments to the Ukraine as part of an escalating price war that has created an energy crisis in Europe.
Last night, ABC's "What Would You Do?" featured an intriguing hidden camera experiment on attitudes towards migrant workers. The set up was simple: in a New Jersey deli, actors portrayed a cashier hurling insults and refusing to serve a pair of Latino day laborers because they did not speak English and carried "illegal alien money." The point was to capture the responses of unknowing customers who were asked for help.
We are at the start of what promises to be an unusually difficult year in the global economy. Policy decisions in the United States and other rich world countries will matter immensely for poor and vulnerable people living in developing countries.