Recent Blog Posts
-
The $4.5 Billion Dollar Bank Run
Nov 07 201111:20 am EDT -
The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT
Links
- Felix Salmon

- DealBreaker

- Ryan Avent: The Bellows

- The Epicurean Dealmaker

- Chris Anderson

- Ultimi Barbarorum

- MarketBeat

- Michelle Leder

- John Quiggin

- The Panelist

- Andrew Leonard

- Streetsblog

- Brad Setser

- Michael Mandel

- Financial Crookery

- Kash Mansori

- Dean Baker

- Calculated Risk

- Free Exchange

- Curbed

- Lance Knobel

- Econospeak

- Carbon Tax Center

- Overcoming Bias

- Mark Thoma

- Naked Capitalism

- Alphaville

- Barry Ritholtz

- Alexander Campbell

- The Bayesian Heresy

- Brad DeLong

- DealBook

- Greg Mankiw

- Deal Journal

- FP Passport

- Carl Bialik

- Marginal Revolution

- A Fistful of Euros

- Dan Gross

The Bloomberg-Livingstone love-in
There was quite a love-in this afternoon between "Red" Ken Livingstone, one of England's most popular left-wingers, and billionaire Mike Bloomberg, who mentioned at one point that since he owns a house in London he helps to pay some of Ken's salary. It's worth remembering that Livingstone at one point was too much even for the UK Labour Party, but nothing succeeds like success, and Bloomberg made a point of reiterating that Livingstone's popularity ratings went up more than 10 points after he introduced congestion charging in London.
What's more, Livingstone did a great job of painting himself as business-friendly: he had no particular intention of introducing congestion charging when he was first elected in 1997, he said, but London's businesses complained to him about the £2 billion per year that London was losing thanks to traffic congestion, and so he was simply responding to them in doing something about it.
I'll add a link here to Bloomberg's speech when it appears on the nyc.gov website. But here's a snippet:
As we developed the initiatives making up PlaNYC, we saw that almost all of them, whether they have to do with encouraging transit-oriented housing, or improving natural drainage by greening our city streets, or promoting energy conservation in homes, businesses, schools and City buildings: You name it -- virtually all of them will also cut greenhouse gas production.
Addressing one's carbon footprint is very much a positive-sum game, in other words. David Miller, the mayor of Toronto announced a new website, Zero Footprint Toronto, which will help people not only in Toronto but around the world calculate their carbon footprint and work out ways to minimize it or eradicate it entirely. Businesses and cities are already on board; individuals are coming on board. All that's left is national governments, and they will surely follow sooner or later.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.




