Four Mistakes of Electricity Deregulation That We’re Still Living With

When policymakers deregulated the electricity industry, they made four mistakes that have had lasting consequences:
1. Focusing on market structure and operating savings instead of increasing capital expenditures and climate change.
2. Ignoring the cost of capital, which has increased due to competition and broken-up companies.
3. Ignoring transaction costs, the importance of contracts, and non-economic incentives, leading to gaming of the system.
4. Assuming that light-handed regulators could effectively oversee a complex industry, resulting in excess profits and higher consumer costs.

One with the Whale: Subsistence Hunting and the Complexities of Modern Life in Gambell, Alaska

In the remote Alaskan village of Gambell, subsistence hunting remains a crucial part of survival and tradition. The Apassingok family, the focus of the documentary “One with the Whale,” grapples with the challenges of preserving their cultural heritage amidst climate change, poverty, and social media bullying. The film captures the intersection of tradition and modernity in a rapidly changing Arctic community.

B.C. Invests $25 Million in Local Milk Production

The British Columbia government has announced a $25 million investment in the expansion of a milk production plant in Abbotsford, B.C. The expansion is expected to increase local milk production by 50% to 1.4 billion liters annually and create up to 100 new jobs. The investment aims to boost the supply of locally sourced food products and reduce the reliance on imports from Eastern Canada.

Sahara Dust and Unseasonal Wildfires Sweep Greece

Southern Greece has been experiencing a surreal scene as orange skies enveloped the Acropolis and other Athens landmarks due to dust clouds from North Africa. This Martian-like atmosphere is expected to clear on Wednesday as winds shift, bringing cooler temperatures. Strong southerly winds have fueled early wildfires in the country’s south, leading to 25 outbreaks in the past 24 hours. Three arrests have been made on the island of Paros for accidentally starting a blaze. Fortunately, no significant damage or injuries have been reported. However, concerns remain about potential challenges for firefighters in the coming months due to the persistent drought and high spring temperatures.

Disney Pledges to Make Autopia Ride Electric, Following Years of Advocacy

After years of advocacy and pressure from environmental groups, Disney has announced plans to convert the Autopia ride at Disneyland to electric vehicles. The change, which will be completed by fall 2026, will help reduce air pollution and greenhouse gas emissions at the park. The decision to electrify Autopia is a significant step forward for Disney, which has been criticized in the past for its reliance on fossil fuels. It also reflects the growing demand for sustainable and environmentally friendly practices in the tourism industry.

American Climate Corps Launches with 2,000 Paid Positions to Address Climate Challenges

The Biden administration’s American Climate Corps has launched with 2,000 paid positions available in 36 states and territories. The program aims to recruit and train 20,000 young people in skills needed to combat climate change and transition into clean energy trades or federal service. Positions include invasive plant manager, botany technician, and fisheries intern, with opportunities to work on forest monitoring, trail building, and other projects. Applications are now open, with the first participants expected to start this summer. The initiative is inspired by the New Deal-era Civilian Conservation Corps and has been supported by progressive lawmakers, but falls short of their initial goal of 1.5 million workers.

Climate Change Summit Tackles Urgent Environmental Issues

Boston Globe Media and The Boston Globe are hosting their fourth annual Sustainability Week, bringing together experts from various sectors to address pressing climate change challenges. Virtual events and an in-person documentary screening will delve into topics such as clean energy transition, healthcare impacts, and sustainable solutions.

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