The failure of the NZ Emissions Trading Scheme, or not

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  by Jez

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Everyone’s been slagging off the Emissions Trading Scheme for failing to reduce emissions. PCE: Returned ETS bill a failure University of Canterbury: Greenhouse gas emissions trading scheme more or less dead Labour: National’s ETS will mean burning more coal; failure to reduce emissions And here’s the NZ carbon price collapse: Market prices from Carbon Commtrade …

Airlines don’t make profits

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Over the last forty years, airlines have not been profitable. Despite the massive and ongoing growth in air travel, the whole industry has manged to return an average of about 0.1% on revenue, which is as close to zero as makes no difference. So what happened and what’s going to happen when airlines start getting …

In the Innovation Garden – Thoughts from the Transit of Venus Conference

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  by Jez

 

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I spent last week out in Gisborne at the Transit of Venus conference, where the local community made us most welcome and we spent our days talking about how to turn NZ into the kind of smart, knowledge-intensive nation. Both the debate about innovation and the debate about sustainable farming had a strong parallel, in …

The long run

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This is the US’s economic growth, per person, over the past two hundred years. The curves for the rest of the West are similar. They all go up, endlessly, relentlessly up. Yeah, there’s some wiggles. We’re having one right now. It’s just a wiggle. When you’ve got a system with behaviour like this, that’s so …

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It wasn’t doing what I thought it should. This continued for quite some time. So, gasp shock horror, I asked someone. And richdrich said “they’re bipolar inputs”, and I went “eh?”, and he said “put a resistor just there”, and then it worked. So the sound input circuit is working enough* that it can be …

Wanted – John Maynard Keynes, Jr

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is ploughing through “Godel, Escher, Bach”; I’m plouging through Polanyi’s “The Great Transformation”. It about how England became a market economy and a market society, the answers being the creation of markets, and the creation of insitutions and regulations to manage the social effects of those markets. That’s a hot topic right now, what with …