By: Chandu Visweswariah In economics, an externality occurs when an activity by one party causes a cost or benefit to another party, without compensation or payment. Thus, externalities are unintended or “spillover” costs or benefits experienced by third parties when goods or services are produced or consumed. In other words, the price of those goods or services don’t reflect their…
By: Chandu Visweswariah Your money is being used against you to ruin your future. This blog will tell you how to stop that. First, just a few facts. The Trump administration is pushing an “incineration economy” both domestically and abroad. In their vision, every bit of energy will come from burning fossil fuels. The effort is dubbed an “energy dominance”…
By: Chandu Visweswariah Disclosures are good things. A pack of cigarettes must disclose that smoking causes cancer. Pharmaceutical companies are required to disclose side-effects of drugs. Opioids and lottery tickets warn of addiction. Packaged foods need to disclose how much sodium they contain and calories per serving. Chain saws and ladders alert the buyer to personal injury. Disclosures increase transparency…
By: Chandu Visweswariah A trifecta of decisions by the Trump administration, Gov. Hochul of New York and New York’s Public Service Commission has us hurtling towards climate disaster 85 times faster. It’s one thing to be stupid, another to accelerate our plummet towards harm by 85 times. The mischievous methane molecule is responsible for over 40% of global warming. We…
Chandu Visweswariah, Thomas N. Theis, and Robert DeAngelis In this article, you will read about a surprise compounding benefit of moving away from fossil fuels. The “win, win, win” of ditching fossil fuels is evident to most people. First, electrifying your energy needs typically saves you money in the long-term. An electric vehicle is 3 to 4 times more efficient…
By: Br. Jack Ratschmidt, OFM Cap. and Chandu Visweswariah “I hate funerals, Chandu,” a friend whispered as we were leaving church. “They are sad,” I said. “Not sad enough,” my friend persisted. “Omar overdosed on fentanyl, and no one even mentioned the horrors of addiction and the opioid crisis. Felt sad and hollow.” No one wants to speak ill of…
By: Chandu Visweswariah The sky is never empty. Between 1.2 million and 3 million people are flying in airplanes at any given time [1]. Less than 10% of the world’s population flies in any given year [2]. In fact, less than 20% of the world’s population has ever been in an airplane. You won’t be surprised to learn that 1%…
By: Chandu Visweswariah [Lead image courtesy ChatGPT] Science helped us win WWII. Science helped us build the world’s most dominant economy. Science helped us survive measles, AIDS and COVID-19. Now are we willing to sacrifice science in exchange for a campaign contribution from the fossil fuel industry? The U.S. Environmental Pillaging Agency (EPA) is attempting to repeal the “endangerment clause.” …
By: Chandu Visweswariah Key Take-Away Energy systems of the world are facing steep challenges including urgent growth in electricity demand, limited grid resources and decarbonization imperatives. Thanks to improvements in solar panels and battery storage, pairing solar farms with batteries is now the cheapest, fastest and cleanest way of ramping up electricity generation. Best of all, this energy can be…
By: Chandu Visweswariah The last few centuries have seen dominance on the global stage by Britain, and then the United States. It is no surprise, therefore, that English has become the world’s lingua franca. In the remote villages of Africa and India, parents tell their children to learn English because it opens up a world of opportunities. Alas, global energy…
