Showing posts with label employment. Show all posts
Showing posts with label employment. Show all posts

Monday, June 08, 2020

LOCKDOWNS HAVE WORKED TO CONTROL THE CORONAVIRUS--BUT ARE THEY WORTH IT?

If, as you've spent endless hours at home the last few months, you've wondered if the lockdowns and shelter-in-place policies that have upended lives around the world actually work, two major new research papers pretty much close the case.


Image credit: Prachatai/Flickr

Research teams at Imperial College, London and the University of California, Berkeley, used different methodologies to study the impact of the "non-pharmaceutical interventions" such as business closings, social distancing and home isolation that were put in place in different mixtures and different times in 11 European countries, and in China, South Korea, Iran and the United States.

The detailed findings are complex, but the bottom line is simple: lockdowns worked whenever and wherever they were applied. When implemented and followed consistently, within three weeks they successfully reduced the reproduction rate of the coronavirus below the critical number 1, flattened the curve of cases, and saved large numbers of lives.

The numbers that the two research teams calculated are impressive. The Imperial College team estimates that in Europe the lockdown and social distancing measures put in place in March prevented several hundred million Covid-19 cases and approximately 3.1 million deaths before the May 4 end of their data gathering.

The Berkeley group found that in the six countries they studied--including the US--the measures put in place prevented 62 million confirmed cases or an estimated 530 million actual cases.  
Assuming a case mortality rate of just one percent, that means that some 5.3 million lives were saved, again in the course of a few months.

"The lockdowns had a very large effect on cases and saving lives," says Solomon Hsiang, at the University of California, Berkeley.      "[Some people assert that] the lockdowns weren't necessary. This research nails that it was. Without them, we believe the toll would have been huge."

Researchers from both groups emphasize that some mixture of these life-changing but also life-saving measures needs to be continued, tailored to each country or region's population structure and economic needs. 

"We're just at the beginning of the pandemic," says Samir Bhatt, at Imperial College. "We're very far from herd immunity and the risk of more waves of the virus is very high. Care must be continued until a vaccine becomes available."

These two papers were published on June 8, at which point there have been more than 7 million confirmed cases of Covid-19 and 407,000 confirmed deaths worldwide. If most of the countries in the world had not taken the stringent steps they did to control the SARS-CoV2 virus, these two research papers show that those numbers would have been orders of magnitude higher.

Was it worth it? Clearly that's not a scientific question, nor should it be strictly an economic one. The answer depends on the value one places on human lives as well as on other important factors such as employment and economic well being. Both research teams are well aware of the huge economic impacts of lockdowns, social distancing, travel restrictions, business closures, and other measures taken to control the spread of the virus. But both of them emphasize that some mix of these measures will be needed for a long time. 

"There's no back to normal," says Hsiang. "It's a cost-benefit question--interventions of different kinds along with economic well-being. The longer you stay in lockdown, the fewer infections. If you undo lockdown, there's economic growth but more infections and death. Something still needs to be in place."

-----

You can download the full scientific papers from the journal Naturehere and also here.

Friday, May 18, 2018

WHATEVER TRUMP DOES, COAL'S FUTURE IS DARK

At its peak, in 1923, the US coal industry employed 863,000 people, just over two percent of US workers at that time. Today, coal employs just 50,000 workers, less than .04 percent of the current workforce. Despite Trump's claim that his administration has "ended the war on beautiful, clean coal," and will ". . . put our miners back to work," those jobs are no more likely to come back than those of the blacksmiths and farriers who shod the 25 million horses that plowed furrows and pulled wagons in the US a century ago.

The reason is simple: coal is not only dirty, dangerous and a huge source of climate-disrupting greenhouse gases, it can no longer compete economically with oil, natural gas or renewables. Forbes reports that by 2020, power generated by wind farms and large-scale solar installations will market at an incredibly low price of three cents per kilowatt-hour (kWh). Compare that to the 10 to 14 cents per kWh for coal-generated electricity. You don't need an economics degree to foresee the results.

The prediction by Forbes may already be out of date. In early June, 2018, the Central Arizona Project, the agency responsible for pumping water from the Colorado River throughout Arizona, signed an agreement with Origis Energy USA to buy solar power at the incredibly low rate of 2.49 cents per kilowatt-hour, less than one-quarter the going rate for electricity from coal. Seeing the handwriting on the wall, Northern Indiana Public Service Company, which currently generates 65 percent of its electricity from coal, plans to phase coal out completely within ten years. It will replace coal with a mix of solar, wind, energy storage and demand management. Expected savings to consumers--$4 billion over the next three decades.

  
 Four Corners coal generating plant, San Juan, New Mexico

This isn't the case just in the US. According to CleanTechNews, the renewable energy sector employed 10.3 million people worldwide in 2017, adding 500,000 new jobs in the previous year. Large renewable energy projects are currently being bid and contracted at three cents per kWh or less in Dubai, Chile, Abu Dhabi, Mexico and Saudi Arabia. Meanwhile, utilities closed 30 coal-fired plants in 2017 in the US alone, and more in the first months of this year--more than 270 since 2010.

High desert wind farm
Credit: Winchell Joshua, U.S. Fish and Wildlife Service

Hammering one more nail in coal's coffin, on June 13, FERC, the Federal Energy Regulatory Commission, voted unanimously not to approve Trump's attempt to use a law dealing with energy distribution in a national emergency to keep coal and nuclear generating plants on life support.

Sorry, Donald, neither the US nor the rest of the world is going back to "beautiful, clean" coal, no matter how many clean air and clean water regulations you remove.

-----

Update: Here's a link to an article pointing out that in many areas it's now cheaper to get energy from a brand-new wind or solar installation than from an existing coal-powered plant.

And here's another report that 75 percent of existing coal-fired generating plants can no longer compete with renewable power sources.

-----
If you enjoyed this post, please sign up to follow or receive email alerts from zerospinzone.blogspot.com

------


Monday, June 05, 2017

GO WIND, YOUNG MEN AND WOMEN

In 1865, American author and editor Horace Greeley cribbed an earlier journalist's phrase and famously wrote, "Go West, young man . . . go West and grow up with the country."

The same advice could certainly be given today with respect not to the long-closed American Frontier, but to the worldwide, opportunity-filled frontier of renewable energy--energy from the wind, the sun, the tides and other natural, non-polluting sources.

Workers prepare to hoist the blades of a giant wind turbine
Credit: National Wind Technology Center/energy.gov

In the first three months of 2017, a new wind turbine was commissioned every 2.4 hours somewhere in the US. Not surprisingly, that kind of growth requires lots of workers. The US wind industry employed 51,000 people in 2013 and doubled to 102,000 just three years later. Writing in Inside Climate News, journalist Paul Horn notes that just the growth in wind-industry employment in those three years equals the total employment in the US coal industry.

Solar energy is another area enjoying explosive employment growth--17 times the national employment growth rate, according to the same source. Solar energy now employs more than 260,000 people in the US, up 82 percent over the past three years.

According to the Environmental and Energy Study Institute, the US renewable energy sector as a whole employed nearly 3.4 million workers at the end of 2016. That's more than all the jobs in the entire fossil-fuel sector, and is grew an astonishing 18 percent between 2015 and 2016.

And all those jobs are producing remarkable results. The US Department of Energy reports that just under 20% of US electricity came from renewables in 2016, pretty much wiping out all predictions.

To borrow a term popularized by Newt Gingrich, it's pathetic to compare renewable energy to the moribund coal industry that President Trump promises to resuscitate. In the US, coal has shed 60,000 jobs over the last five years. (However, and kudos to Trump, it will gain 70 to 100 jobs when the Acosta Coal Mine, in Pennsylvania, opens on June 8. So revise that to minus 59,900.

Business Insider points out that the growth in clean energy in the US is part of a worldwide explosion in renewable energy, a tidal wave of change that now seems inevitable now that the cost of clean renewable energy has fallen below that of polluting, climate-threatening fossil fuels. Even with President Trump and EPA head Pruitt trying to return the US to the carboniferous era, the economics will win out.

Business Insider quotes Liz Delaney, Program Director at EDF Climate Corps, who concludes:

"Our findings would lead us to believe that the right place to invest dollars are in renewable energy rather than fossil fuels," Delaney says. "These jobs are widely geographically distributed, they're high paying, they apply to both manufacturing and professional workers, and there are a lot of them."

-----

If you enjoyed this post, please subscribe or sign up for email notifications (above right) and let friends know about zerospinzone.blogspot.com.

Thursday, October 14, 2010

"Need, not Greed”

The national media announced yesterday that the nation’s top bankers treated themselves to a whopping $144,000,000,000—that’s 144 billion dollars--in pay and bonuses this year. That is quite a nice reward for a bunch of people who should be held responsible for the financial mess we’re in.

It seems to me that most people do not remember that it was these very same bankers who created and invested in the bundled, unsecured mortgages that just over two years ago pushed the financial and stock markets into freefall. Instead of directing their rage at the people who are responsible, millions of Americans are now taking out their anger at the Obama/Pelosi “axis of evil,” as if they were responsible for the 14,800,000 people who are still officially unemployed in the United States.

It’s not unusual for the public to resort to irrational anger during economic downturns. The question is why the ultra-right-wing Tea Party has been able to energize and direct this outrage. Where have the Democrats, the party of the people, been as lines at food banks and unemployment windows grow?

When Democrats were Democrats, FDR declared a “Bank Holiday” to brake the bank panic of 1933. My proposal for such a holiday is, admittedly, a little different than FDR’s. I propose that the ultra-rich on Wall Street take a holiday and forego their outrageous pay for one year. I propose a total holiday because these bankers argue that if they pay their top talent less, they will jump ship to another firm. So if all these investment geniuses earn the same – nothing -- for a year, none of them will be tempted to jump ship.

It is not that they—prudent, conservative, upstanding, and financially responsible individuals that they are—don’t have some money in the bank for this rainy day holiday. After all, this year’s $144 Billion was preceded by last year’s $139 billion.

What would this accomplish?

The US median income is a mere $43,317 in comparison. Simple division demonstrates that we could create 3.66 million more jobs, cutting the ranks of the unemployed by almost a quarter. If instead we picked the median wage for women we could cut unemployment by almost a third. On the other hand, if the unemployed accepted the minimum wage, $15,080 a year, we could get 64.5% of them back to work.

With all these people back to work, they would be buying goods and creating even more jobs. Pretty soon the federal government would not be paying out unemployment claims and could, responding to recent Republican demands, start balancing the budget. And states, receiving revenues once more from the sales and income taxes on the newly employed wouldn’t have to lay off teachers, nurses, police and firefighters.

Of course, we should not take this proposed “holiday” seriously for a moment. The high finance paper-shufflers and computer wizards on Wall Street would not, for a moment, agree to such an arrangement. Silly me. The Wall Street elite are where they are, doing what they are doing, and pulling in the money they are pulling in because they would never for a moment consider sacrificing for the good of the country or their fellow Americans.

However, engaging in a moment of fantasy does force one to look more closely at reality. Why are these very people who brought economic tragedy upon so many still reaping outlandish financial rewards? Why is all the outrage coming from the Far Right? Where are the political leaders who are willing to stand up to these parasitic financiers and serve the needs of the common, hard working (if jobs were available) individual?

The Founding Fathers were wrong: not all people are created equal. It is true that we still operate in a profit and loss economy—only the profit part is going year after year after year to the very rich and the loss is going to the growing proportion of people at the bottom who continue to lose their jobs, homes and hope for the future.

I’m certain that those who would get jobs under this proposal would not complain about working on a “holiday.”

Lou Miller, Ph.D.



for the institute