Posts

The Perverted Political-Economy of the Per-Capita Nominal Paradigm

The Perverted Political-Economy of the Per-Capita Nominal Paradigm GangaPrasad Rao Energy, Environmental and Mineral Economist gpao64.blogspot.com gprasadrao.blogspot.com gprasadrao@hotmail.com Writing about the per-capita paradigm is like conversing about the weather. It is so commonplace and unpopular that talking beer might evoke more interest. The per-capita is all around us; it’s what sustains the nominal expansion, and it isn’t at all personally inconvenient - certainly not as inconvenient as the not-so-cool early mornin’ breeze! But what about the unholy nexus between the per-capita nominal paradigm and the democratically-elected political government? Does one feed off the other? Are they necessary and essential to each other - each providing a cover to the other when accused of causing externalities in the Real? Yes, Yes, and YES ! The per-capita paradigm - a darling of nominal capitalists who aggrandize in the capital markets from benchmarking egalitarian lifestyles to per...

Dare to dream? Dream a Sustainable Private Transportation Sector !

Dare to dream? Dream a Sustainable Private Transportation Sector ! GangaPrasad G. Rao Energy, Environmental and Mineral Economist gprasadrao@hotmail.com gprao64.blogspot.com gprasadrao.blogspot.com Disclaimer : The proposal below is made in good faith, but there can be no assurances of obtaining the indicated outcomes. Introduction That the global economy has leaned toward a per-capita LQ Nominal paradigm is self-evident. As technological efficiency advanced and productivity-linked incomes grew, private transport penetrated the upwardly-mobile middle-classes. With the advent of globalization of societies and capital market, the culture of private commuting automobiles, private family sedans, and private recreational SUVs, that took birth in Western nations, particularly the US, spread to the developing nations of the world. Unlike Western nations with small, stabilizing populations governed by mature democratic governments, the rest of world suffers the scourge of populist governments ...

The Coal ‘Punarjanma’: Let’s celebrate ‘Koyla Oorja’ for Electric Vehicles !

The Coal ‘Punarjanma’: Let’s celebrate ‘Koyla Oorja’ for Electric Vehicles ! Ganga Prasad G. Rao Energy, Environmental and Mineral Economist gprasadrao.blogspot.com gprao64.blogspot.com gprasadrao@hotmail.com Electric Vehicles, EVs, were the fad .... yesterday. Sliding, and fast, from Concept Car to Rich man’s fancies, to engaging the real-life choices of the white-collared, these vehicles run on power stored in built-in rechargeable batteries. Bypassing IC-engines, these emission-less vehicles nonetheless cause emissions remotely, many-a-times in other jurisdictions when they draw upon Fossil fuel-fired power through inter-jurisdictional, inter-national, or inter-continental power grids 1 . Despite this Local-Remote trade-off, policymakers consider EVs as one among many control options available to urban air pollution management. Such justification, however, is seriously misguided for several reasons. Many nations that would implement EVs, are well-endowed in Coal and Lignite re...

Beware the 2-edged Infra Knife !

Beware the 2-edged Infra Knife ! Ganga Prasad Rao Energy, Environmental and Mineral Economist gprao64.blogspot.com gprasadrao.blogspot.com gprasadrao@hotmail.com Disclaimer: As always, the author absolves himself from the many reasons that might cause the proposed solution to fall short of intended outcomes. All errors, particularly language, grammar and diction, are indeed mine ! Not one election passes without reference to the ‘Development’ agenda espoused by political parties – no matter which leaning. Public Infrastructure is high on the agenda of political parties for obvious reasons: they are immediately GDP-and Employment positive; they stoke the Resources and Manufacturing sector, beyond opening aggrandizing opportunities in the Realty sector. Central Banks, and local banks are all too willing to sponsor, support and manage public infrastructure projects.... last, but not least, politicians, in the immediate precinct and beyond, reap political capital from such projects....

Stop the Run-away Train that Climate Change Is..... How ’bout a bowl of Restructured Capital Soup ?

Stop the Run-away Train that Climate Change Is..... How ’bout a bowl of Restructured Capital Soup ? Ganga Prasad G, Rao Energy, Environmental and Mineral Economist gprasadrao.blogspot.com gprao64.blogspot.com gprasadrao@hotmail.com Discl aimer : The author makes no claim about reliability of the proposed design, or the assuredness of indicated outcomes. Introduction What, you ask, could be the analogical parallel between inflation and GHG emissions? Inflation, as a bottom line-enhancing business strategy, is often claimed to have been fiscally or monetarily resolved and put away politically. But it’d have, by then, done its damage in raising the prices of various goods - essential or otherwise, oftentimes irreversibly. In the same vein, one might claim to have abated economy-wide emissions, particularly on a GDP Energy-intensity basis, but the increments in ambient CO2 concentrations that occur before emissions are contained and despite reductions in energy intensity, are irreversible...

A Solid-Waste Solution to Climate Change? A Macro-Financial Strategy around Sovereign Gold and ESH Bonds

A Solid-Waste Solution to Climate Change? A Macro-Financial Strategy around Sovereign Gold and ESH Bonds GangaPrasad Rao Energy, Environmental and Mineral Economist gpra64@gmail.com gprasadrao@hotmail.com Disclaimer : This manuscript explores an industrial policy from a wider, Social-Finance perspective, for which reason, it is necessary to examine the matter without the horseblinds imposed by PV-Finance. The author makes no claim about reliability of the proposed design, or the assuredness of indicated outcomes. Introduction Plastics have turned an ubiquitous raw-material, intermediate- and consumer ‘product’ in our society. Its quality, diversity, and niches have expanded the breadth of applications, but engendered a large and exacerbating solid waste externality. Concomitantly, iron and steel-making, a primary resource and infrastructure sector across the world, continues to be a pollution-intensive industry despite significant gains in recycling of iron scrap. The significance of ...