STM Daily News
Oil and gas communities are a blind spot in America’s climate and economic policies
Rangely, Colorado, like many U.S. towns, relies heavily on the oil and gas industry. However, transitioning away from fossil fuels poses economic risks.
Noah Kaufman, Columbia University
On a recent visit to Rangely, a small town in northwest Colorado, my colleagues and I met with the administrators of a highly regarded community college to discuss the town’s economy. Leaving the scenic campus, we saw families driving into the mountains in off-road vehicles, a favorite activity for this outdoors-loving community. With a median household income above US$70,000 and a low cost of living, Rangely does not have the signs of a town in economic distress.
But an existential risk looms over Rangely. The town is here because of an oil boom during World War II. Today, the oil and gas industry contributes over half of the county’s economic output.
Rangely is not unique in the United States, which is the world’s largest producer of oil and natural gas. There are towns across the country that depend on the oil and gas industry for well-paying jobs and public revenues that fund their schools and other critical services.
A heavy dependence on any single industry is risky, and the oil industry is prone to booms and busts. But the economies of oil- and gas-dependent towns face a unique threat from global efforts to address the risks of climate change, which is fueled by the burning of oil and natural gas. Any serious strategy to halt global warming involves policies that will, over time, sharply reduce demand for all fossil fuels.
Early signs of this transformation can be seen in last year’s international agreement to “transition away from fossil fuels” and in the spread of electric vehicles that are starting to displace gasoline- and diesel-powered cars, trucks and buses.
As an economist who worked at the White House during the Obama administration and early Biden administration, I contributed to detailed strategies to reduce greenhouse gas emissions and to support communities in economic distress. But we did not have a plan to prepare oil and gas towns like Rangely for future economic challenges.
Why oil and gas towns are overlooked
Congress has prioritized support for small towns in recent legislation. However, oil- and gas-dependent towns were largely absent from these strategies for three primary reasons.
First is a perceived lack of urgency. The attention to a “just transition” as the nation moves away from fossil fuels has been disproportionately directed to coal-dependent communities. U.S. coal production has declined for 15 years, and a continued transition away from coal appears imminent and inevitable.
In contrast, U.S. production of oil and natural gas continues to grow. To be sure, some oil and gas communities are already struggling. But the widespread economic risks of a shift away from oil and gas may feel more like a problem for future decades.
Second, politicians downplay risks to oil and gas communities.
Most Republicans are not planning for a future decline in oil and gas production at all, and that includes many local politicians in oil and gas-dependent communities. For their part, most Democratic politicians prefer to focus on how climate action can be an engine of future economic growth. President Joe Biden likes to say, “When I think about climate change, I think jobs.”
He is not wrong to highlight the economic opportunities of climate solutions. But clean energy jobs rarely offer one-for-one replacements for the high-paying jobs in the oil and gas industries and the public revenues those industries bring local communities.
Third, economists’ policy toolbox is poorly suited to the challenges facing oil and gas communities.
Proposals to support local economic development commonly suggest targeting persistently distressed local economies with measures such as wage subsidies that have the potential to rapidly put more people to work.
A different prescription is needed for oil and gas communities, which are not generally struggling today. Over the 15-year period prior to the pandemic, the U.S. counties with oil and gas production experienced average annual GDP growth of 2.4% per year, compared with 1.9% nationwide.
Most oil and gas communities do not need economic stimulus policies that provide immediate relief. What they need are holistic economic development strategies that can cultivate new industries – building on their existing strengths – that will enable them to prosper into the future.
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Solutions to help oil and gas towns prepare
Harvard economist Ricardo Hausmann compares the challenge of developing new economic capabilities to the game of Scrabble, where each additional letter enables the creation of more words. He cites the Finish economy as an example: It evolved from harvesting lumber to making tools that cut wood to producing automated cutting machines. From there, it evolved to sophisticated automated machines, including those used by global corporations such as telecommunications giant Nokia.
Such economic evolutions must be tailored to the characteristics of individual places. But the initial step is to recognize the problem and invest in solutions.
The Southern Ute Indian Tribe is doing this in southwest Colorado. It devotes oil and gas revenues to a Permanent Fund, which promotes fiscal sustainability by ensuring the tribe’s assets are aligned with its long-term financial goals, and a Growth Fund that diversifies the tribe’s revenue sources by investing in a range of businesses.
At the national level, a recent National Academies panel proposed the creation of a federally chartered corporation to help communities facing acute economic threats, including a future decline in oil and gas. This corporation could provide funding for displaced workers, critical public infrastructure and programs that ensure access to economic opportunities.
Colorado’s state Office of Just Transition has started to serve this role. Currently, it focuses only on the transition away from coal, with the goals of helping communities develop new economic opportunities and helping workers transition to new jobs. But its mission could be expanded in the future. In fact, Rangely is already receiving some support due to coal closures nearby.
No one-size-fits-all solution
Small, rural towns like Rangely illustrate how oil- and gas-reliant regions will need unique strategies tailored to the strengths and limitations of individual places. No off-the-shelf playbook exists.
Our group of researchers who visited Rangely are part of the Resilient Energy Economies initiative, which was created by universities, research institutes and philanthropic organizations to ensure that policymakers have the information they need to help fossil fuel-dependent communities successfully navigate the energy transition.
The best time to build a more resilient economy is before a crisis arrives. Anyone familiar with the Bible – or Broadway – knows the story of Joseph, whose dreams foresaw seven years of abundance for Egypt followed by seven years of famine. The pharaoh acted on Joseph’s vision, using the boom to prepare for the bust.
The United States is experiencing abundant oil and gas production today. Policymakers know risks are coming. But so far, the country is failing to prepare communities for harder days to come.
Noah Kaufman, Senior Research Scholar in Climate Economics, Columbia University
This article is republished from The Conversation under a Creative Commons license. Read the original article.
STM Daily News is a vibrant news blog dedicated to sharing the brighter side of human experiences. Emphasizing positive, uplifting stories, the site focuses on delivering inspiring, informative, and well-researched content. With a commitment to accurate, fair, and responsible journalism, STM Daily News aims to foster a community of readers passionate about positive change and engaged in meaningful conversations. Join the movement and explore stories that celebrate the positive impacts shaping our world.
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In the bustling world of professional pickleball, the spotlight often shines on major organizations like the Professional Pickleball Association (PPA), Major League Pickleball (MLP), and the Association of Pickleball Professionals (APP). While these entities focus largely on showcasing young, vibrant talent, there’s a wealth of wisdom to be drawn from the more understated realms of the National Pickleball League (NPL) and the Senior Pro Tour, where seasoned athletes continue to impress.
Longevity in the Sport
Senior pro players offer invaluable insights into maintaining a lasting athletic career. Their expertise in injury prevention, recovery, and adaptive play provide a blueprint for career longevity that younger pros can emulate.
- Training and Conditioning: Senior pros have honed methods to maintain agility and endurance, lessons that can enhance training regimes for younger athletes.
- Injury Management: With a focus on alternative fitness and healing practices like yoga and nutrition, senior players offer models for managing stress injuries effectively.
Focus on Community and Inclusivity
The NPL and Senior Pro Tour are bastions of community spirit and inclusivity, setting a standard that mainstream organizations could embrace.
- Amateur Involvement: By integrating a strong sense of community involvement into competitions, they make the sport accessible to various age groups and skill levels, enhancing the spirit of events hosted by PPA and APP.
- Multigenerational Appeal: Highlighting pickleball’s charm across demographics, senior tours set a precedent for inclusive and family-friendly events.
Mentorship and Knowledge Transfer
Senior pros excel in mentorship, sharing not just technical skills but also mental fortitude.
- Formal Mentorship Programs: Establishing mentoring relationships can foster well-rounded players through strategic advice and supportive, intergenerational learning.
- Player Development: Insights into resilience and adaptability from seniors can aid younger pros in navigating high-pressure scenarios.
Marketing and Brand Longevity
By focusing on forming enduring relationships with brands and sponsors, senior tours illustrate a path for sustainable partnerships.
- Broadening Sponsorship Opportunities: Targeting brands that appeal across generations opens new revenue channels, with wellness-focused brands being a natural fit.
- Sustained Engagement: Marketing pickleball as a lifelong sport invites a wider audience and participant base.
Balanced Scheduling and Player Well-being
The senior circuits often factor player wellness into event scheduling, a practice that pro tours could emulate to avoid player burnout.
- Player-Centric Schedules: Adopting flexible schedules could enhance performance levels by ensuring athletes receive adequate rest.
- Rest and Recovery Focus: Encouraging recovery periods and prioritizing mental health support helps maintain peak conditions for competition.
By drawing lessons from senior pro players and their organizations, professional pickleball can cultivate a more enduring, inclusive, and community-focused environment while ensuring the long-term success of its athletes.
Want more Pickleball News and Information?
Get the latest updates and information on the rapidly growing sport of pickleball, specifically designed for the senior community aged 50+. Check out Sleeve’s Senior Pickleball Report on YouTube to stay informed and up-to-date with the ever-changing world of pickleball. Join the community and stay ahead of the game. https://stmdailynews.com/sleeves-senior-pickleball-report/
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Economy
Dockworkers pause strike after Biden administration’s appeal to patriotism hits the mark
Dockworkers at East Coast ports halted a strike following government intervention, accepting a 62% wage increase, easing supply chain disruptions.
A dockworkers strike that froze operations at East Coast and Gulf Coast ports for 2½ days was paused on Oct. 3, 2024. The Conversation U.S. asked Anna Nagurney, a scholar of supply chains, to assess the extent of disruptions that likely occurred and how the swift return of 45,000 workers who had been on strike may stave off further problems down the road.
Why was the strike suspended?
Aided by intense pressure from senior Biden administration officials, the shipping companies, represented by the U.S. Maritime Alliance, significantly increased the raise they were offering the dockworkers to 62% from their previous offer of a 50% boost in pay. The International Longshoremen’s Association, the dockworkers’ union, was seeking a 77% raise, but it accepted the new offer, which will be phased in over six years.
The agreement labor leaders and management reached will suspend the strike until at least Jan. 15, 2025, allowing more time for additional collective bargaining and negotiations.
Talks over other contested conditions, including the adoption of more automation, will continue until then.
President Joe Biden applauded both sides. He thanked the union and management “for acting patriotically to reopen our ports and ensure the availability of critical supplies for Hurricane Helene recovery and rebuilding.”
How has this strike affected the economy?
About half of the products that the U.S. imports are handled by the ports that were paralyzed during this brief strike. About 1 million shipping containers arrive at these ports every month.
Imports include vast quantities of bananas and other fresh produce, coffee, pharmaceuticals, liquor, toys, apparel, furniture, machinery and vehicles. Exports include meats, commodities, machinery, chemicals, vehicles and vehicle parts.
The strike’s impact was immediate. More than 50 ships laden with hundreds of thousands of containers created a logjam at East Coast ports. Major retailers, such as Walmart, Costco, Lowes and Home Depot, were among the companies stuck waiting for the release of their stranded cargo.
It may take two to three weeks to relieve this logjam. Prices for some products, including coffee, were already rising before the negotiators reached their breakthrough.
Workers are critical to the functioning of each link in supply chains. When the dockworkers were on strike, other workers, such as truckers, rail employees and warehouse workers, were concerned about being affected, as well as all the businesses that rely on them, such as restaurants.
Why is the new time frame significant?
Shipping tied to the holiday season typically runs from July through early November. Members of the National Retail Federation, the largest U.S. retail trade group, have already been dealing with significant supply disruptions due to Houthi attacks in the Red Sea and Suez Canal. The attacks have forced shipping companies to take longer routes, delaying cargo delivery and increasing costs due to the need for more fuel and labor.
A prolonged dockworkers strike would put stress on the economy. According to J.P. Morgan, a lengthy dockworkers strike could have cost the U.S. economy US$5 billion per day.
The temporary agreement pushes the strike past the U.S. elections in November and the conclusion of the upcoming holiday season. That gives both sides a chance to return to the bargaining table to continue to negotiate and to reach an agreement on the issues that haven’t been resolved yet – notably the use of automation.
Having a shorter strike will reduce the risk of shortages of everything from mangos to Maseratis and the price increases that typically occur when products are scarce and in high demand.
What did the Biden administration do?
The Biden administration was eager for a settlement, especially with the ports serving as channels for recovery supplies after the massive damage seen in Florida, western North Carolina and other areas near the East Coast from Hurricane Helene.
Senior government officials made notable progress when they met with representatives of shipping companies before daybreak on Oct. 3 over Zoom.
Julie Su, the acting labor secretary, had been working hard to help the two sides settle their differences. She emphasized over Zoom that she could get the International Longshoremen’s Association to the bargaining table to extend the contract. Transportation Secretary Pete Buttigieg also stayed in touch with labor and management, and used that Zoom meeting to tell the shipping companies that they would need to offer the dockworkers a higher wage.
White House Chief of Staff Jeff Zients told the shipping companies on Zoom that they should make an offer to the union quickly so that the strike wouldn’t further exacerbate the effects of Hurricane Helene.
It seems clear to me that the pressure worked – helped, perhaps, by a bit of patriotism.
Anna Nagurney, Eugene M. Isenberg Chair in Integrative Studies, UMass Amherst
This article is republished from The Conversation under a Creative Commons license. Read the original article.
STM Daily News is a vibrant news blog dedicated to sharing the brighter side of human experiences. Emphasizing positive, uplifting stories, the site focuses on delivering inspiring, informative, and well-researched content. With a commitment to accurate, fair, and responsible journalism, STM Daily News aims to foster a community of readers passionate about positive change and engaged in meaningful conversations. Join the movement and explore stories that celebrate the positive impacts shaping our world.
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As the leaves change and the air turns crisp, October arrives as a powerful reminder of resilience and awareness. Breast Cancer Awareness Month is not just about raising awareness; it’s about action, education, and community support. With over 360,000 people projected to be diagnosed with breast cancer in the U.S. in 2024, this month serves as a crucial time to reflect on the impact of this disease and the importance of early detection.
The Statistics Behind the Cause
Breast cancer affects approximately 1 in 8 women and 1 in 1,000 men in the United States. This staggering statistic highlights the urgency to be proactive. However, there is hope. Thanks to advancements in medical technology and research, early detection methods have improved significantly. When breast cancer is caught in its earliest, localized stages, the 5-year relative survival rate is an impressive 99%. This underscores the importance of regular screenings, self-examinations, and awareness campaigns like those organized during Breast Cancer Awareness Month.
Metastatic Breast Cancer Awareness Day
Among the many important dates in October, October 13 stands out as Metastatic Breast Cancer Awareness Day. This day is dedicated to raising awareness about the realities of metastatic breast cancer (MBC), which occurs when breast cancer spreads beyond the breast to other parts of the body. It is crucial to recognize that while advancements have been made, MBC remains a significant challenge within the breast cancer community. This day serves as a reminder that we must advocate for more research, better treatments, and comprehensive support for those living with this stage of breast cancer.
The Role of the National Breast Cancer Foundation
The National Breast Cancer Foundation Inc. (NBCF) plays a vital role in this month-long awareness initiative. Their mission, “Helping Women Now®,” focuses on providing education, support, and resources to women and families affected by breast cancer. With a commitment to early detection, NBCF encourages individuals to act, reminding us that being proactive can save lives. Whether through scheduling mammograms, performing self-exams, or simply spreading awareness, every action counts.
The Importance of Community Support
Breast cancer is not just a statistic; it affects real lives, families, and communities. Throughout October, communities come together to support those impacted by breast cancer. From fundraising events to educational seminars, the collective efforts aim to foster a sense of camaraderie and hope. It’s a time to remind those suffering that they are not alone in their journey.
Participating in Breast Cancer Awareness Month can take many forms, whether it’s wearing pink, sharing stories on social media, or advocating for breast cancer research. Each act of kindness and awareness helps to amplify the message and promote a culture of support and understanding.
Taking Action
As we move through October, let us not forget the importance of taking action. Schedule a mammogram, perform a self-exam, and encourage friends and family to do the same. Educate yourself about the signs of breast cancer and stay informed about the latest advancements in treatment and support.
October is a month of awareness, hope, and action. By shining a light on breast cancer and recognizing specific awareness days like Metastatic Breast Cancer Awareness Day, we can foster a community that supports those affected and works towards a future where breast cancer no longer holds the same fear it does today. Let’s come together to make a difference—because every action counts in the fight against breast cancer.
For more information about Breast Cancer Awareness Month and how you can get involved, visit the National Breast Cancer Foundation’s website at NBCF. Together, we can help raise awareness and support those in need.
Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.
https://www.nationalbreastcancer.org/breast-cancer-awareness-month/
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