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Journal Article
Job performance in the mountain metros
This issue of the Rocky Mountain Economist explores the labor market performance of the mountain state metropolitan areas, including recent industry trends and comparisons to state and national job performance.
Journal Article
Electricity production under carbon constraints: implications for the Tenth District
Coal is the dominant fuel used to produce electricity in the United States, accounting for almost half of production. In the Federal Reserve?s Tenth District, six of seven states generate two-thirds or more of their electricity from coal. ; Although coal is cheap and abundant domestically, the burning of coal releases greenhouse gases and particulates. Snead analyzes the regulatory risk coal-intensive states face from possible increased restrictions on greenhouse-gas emissions. ; The findings suggest that greenhouse gas restrictions would lead to a significant and expensive change in the mix ...
Journal Article
Are U.S. states equally prepared for a carbon-constrained world?
Climate concerns linked to greenhouse gas emissions, particularly carbon dioxide (CO2), have taken center stage in the national energy policy debate. Domestic energy use and carbon emissions continue to rise, and forecasts suggest further increases under the existing regulatory structure. However, heightened international and domestic pressure to reduce U.S. carbon emissions suggests that additional changes to the regulatory framework are probable in coming years. ; Reducing U.S. carbon emissions will likely require a comprehensive national framework that will alter the pattern of energy use ...
Journal Article
Are the energy states still energy states?
Traditional energy states managed to avoid the early stages of the recent national recession, buoyed by record high crude oil and natural gas prices. Both production and exploration for crude oil and natural gas expanded rapidly in response to the spike in energy prices, propelling strong job and income gains in the energy states. But the strong performance of the energy states through the early stages of the recession subsequently reversed itself under the weight of collapsing energy prices. These states began to underperform non-energy states by the second quarter of 2009. These gyrations ...