Daniel Howes The Detroit News Published 10:23 PM EDT Oct 11, 2018 If you don’t think a growing national economy and a profitable auto sector can make a Michigan governor look like a hero, ask the last two occupants of the job. Jennifer Granholm holds the dubious distinction of presiding over the “Lost Decade.” It's a confluence of events marked by the state's automakers stumbling into bankruptcy amid the global financial meltdown, deepening corruption at Detroit City Hall, mounting unemployment and her ideologically selective embrace of the global economy that ensured she never set foot in China as governor. Her successor, Rick Snyder, marshaled his CEO cred and a Republican Legislature to leverage advantage from restructured automakers. He benefited from a federal corruption crackdown in Detroit he did not control, private reinvestment in the city measured in billions, falling unemployment, steadily rising equity markets and his business-minded … [Read more...] about Economic times, opportunity shape MI governor’s challenge, legacy
M s applied economics
Greenhouse gases and noxious emissions from coal plants would increase under new Trump administration guidelines designed to roll back Obama-era rules, the Environmental Protection Agency said Tuesday.The new Affordable Clean Energy Rule will replace the 2015 Clean Power Plan. Its implementation is “expected to increase emissions of carbon dioxide (CO2) and increase the level of emissions of certain pollutants in the atmosphere that adversely affect human health,” according to the EPA’s regulatory impact analysis for the plan.The new plan was announced by the EPA on Tuesday morning. Its effect on Colorado Springs Utilities’ two coal-fired power plants — the Martin Drake Power Plant downtown and the Ray Nixon Power Plant near Fountain — remains unclear. Representatives from Colorado Springs Utilities and the EPA could not immediately be reached.The new rule would allow states to relax the emission standards they apply to coal plants. But whether the … [Read more...] about New EPA plan for coal plants would increase emissions; what’s the impact on Colorado Springs?
Bloomberg News Published 8:13 am CDT, Thursday, August 9, 2018 Photo: Bloomberberg Image 1of/1 CaptionClose Image 1 of 1 Oil tanker Eagle Ford Oil tanker Eagle Ford Photo: Bloomberberg U.S. oil vanishing from China tariffs reveals American clout 1 / 1 Back to Gallery The removal of U.S. crude from goods targeted by Chinese tariffs is a sign that America has become too big to ignore in the oil market. Less than two months after threatening to impose levies on imports of U.S. crude, the world's biggest oil buyer has now spared the commodity. Only fuels such as diesel, gasoline, propane will be hit with duties on Aug. 23, according to China's commerce ministry. That's after the nation's buyers, including top refiner Sinopec, began shunning American supplies to avoid the risk of tariffs. China's original plan to … [Read more...] about U.S. oil vanishing from China tariffs reveals American clout
opinion Anthony Scaramucci Published 8:32 p.m. UTC Jun 7, 2018 As President Donald Trump sees more and more success from bilateral trade negotiations around the globe, armchair economists, media pundits and reporters across the country are spreading doom and gloom. His opponents in the swamp in Washington, D.C. claim that the President’s tough approach, particularly his tariffs on Chinese imports, will ultimately hurt American workers. A Detroit Free Press article last week declared, “Michigan may be among hardest hit if trade war with China erupts.” This dire headline is based off of a Brookings Institution report on Chinese tariffs, including new ones recently implemented and proposed tariffs China has threatened against the U.S. The report estimates there are 91,000 Michigan jobs in industries that would be negatively affected in the event of a U.S.-China trade war. More on Freep.com: Trump turns up pressure on Canada, Mexico with steel, … [Read more...] about Anthony Scaramucci: Don’t fear China trade war. Trump’s plans working
By Paul Hunter Feature Writer Sun., April 8, 2018 As a teenager beginning high school in his Ivory Coast homeland, Ismael Mourifié looked around his classroom and understood something was inherently wrong. He’d been placed in the math stream based on an admission exam that determined aptitude. But among the almost 45 students, there were only four or five girls. The next year, that number dropped to two. It didn’t make any sense, Mourifié thought. Math isn’t an innate skill; there shouldn’t be such a dramatic gender disparity. Fast-forward almost two decades and Mourifié is now an assistant professor of economics at the University of Toronto. He teaches courses in applied econometrics and quantitative methods but his passion, and a big part of his research, is grounded in his memories from the classrooms of West Africa. He is driven to understand why there aren’t more women that pursue studies, particularly math, … [Read more...] about The man who’s fighting girls’ ‘mathematophobia’