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...generic medicines to surgical gloves. The just-in-time production systems embraced by companies like Wal-Mart - where inventories are kept as low as possible to cut waste and boost profit - mean that we don't have stockpiles of most things. Supply chains for food, medicines and even the coal that generates half our electricity are easily disruptable, with potentially catastrophic results. Though we'll likely hear calls to close the border with Mexico, Osterholm points out that a key component used in artificial respirators comes from Mexico. "We are more vulnerable to a pandemic now than at any other...
Patrick's roots in the North Carolina textile industry stretch back more than a hundred years. In the early 1900s, his grandfather started Kings Mountain Cotton Oil Co., which consisted of a cotton gin, an oil mill, a coal yard and an ice plant--a business for every season. Those industries began to wane in the 1960s, so his father H.L. Patrick bought some used textile equipment and started Patrick Yarns, focusing exclusively on spinning industrial mop yarn...
...iron ore, oil and food as their economies get bigger and their citizens richer. Palm oil prices, for example, have been rising of late partly because demand from India, with its population of 1 billion, is holding up. In March, China imported a record amount of iron ore and coal, while imports of crude oil hit a 12-month high. The binge is being fueled in part by optimism that Beijing's $565 billion stimulus program will drive a turnaround in the sagging economy. "After a brief pause, China's appetite for natural resources has returned to buoyant levels," Jing...
...sure, everyone involved would be better off if Congress could instead muster the political will to pass a climate and energy bill now (rather than in a year), for no one stands to benefit concretely from EPA regulation. Industry groups, Republicans, and coal-state Democrats would much rather have regulation of carbon emissions come as the result of congressional legislation, a process over which they can exert some influence. Environmentalists would also prefer to have federal legislation that puts in place permanent rules governing the emission of carbon rather than leaving that decision up to whoever is in the White...
...After the major shortcomings of Kyoto, it would be extremely discouraging for nothing to materialize in Copenhagen. Nothing is more likely to bring such a result than the perception that the United States still cannot muster the political will to begin to seriously address climate change. Republicans and coal-state Democrats appear determined, not unjustifiably, to block domestic legislation until after Copenhagen out of fear that American business will be disadvantaged vis-a-vis foreign competitors. Hopefully, the threat of EPA regulation, and the political pressure for serious legislation that it engenders, will weigh seriously in the international balance leading...