In Praise of the Danish Mortgage System - Marginal REVOLUTION
When interest rates go up, the price of bonds goes down. As Tyler and I discuss in Modern Principles, the inverse relationship between interest rates and prices holds for any asset that pays out over time. In particular, as Patrick McKenzie points out, when interest rates go up, the value of a loan goes down. […]
Imagine one of those old-timey lumberjack photos. The kind where two men in plaid are working away at a tree, holding opposite ends of a huge, human-length saw. That is a vintage crosscut saw. Some avid crosscut seekers spend hours mining websites like eBay and Craigslist. But they also search in person on saw hunting
With Heat From Heat Pumps, US Energy Requirements Could Plummet By 50% - CleanTechnica
About 80% of the energy requirements of a fully electrified society with heat pumps everywhere possible already exist. Electrification and heat pumps radically reduce the requirement to build new wind, solar, nuclear, hydro and geothermal primary energy sources.
Kenya to combat rural energy access gap with over 130 solar minigrids
Kenya’s government plans to build 137 solar minigrids across remote locations in the East African country. The project received $150 million in funding from the World Bank.
Metro Launches the H Line, its First RapidRide Line in Nine Years
This weekend King County Metro starts service on the RapidRide H line, running between Downtown Seattle and Burien. The seventh RapidRide line and the first launched since the RapidRide F in 2014, …
Flatiron Building in New York is coming up for auction soon. I learned about that when I posted a photo of the Flatiron Building being constructed on a social network. It triggered a chain of thoug…
What You Don’t Understand About Seattle’s Light Rail Expansion May Doom the System
There is no spine. There is no Ballard to West Seattle extension. There is no one coming to save us. By 2042, Seattle should have four Link light rail lines covering downtown and branching out to R…
The United States has experienced a wide variety of extreme weather over the last 125 years, impacting people, communities, and geographies. Track monthly data on how counties experience severe weather, including precipitation and temperature.
Cherry Blossom Brouhaha Obscures Missed Opportunities on Pike and Pine Streets
A long-planned street revamp in downtown Seattle made headlines this month when a group of preservation advocates, many aligned with Pike Place Market, pushed back on the planned removal of two row…
Concrete is the defining material of the Anthropocene and takes a terrible toll on the climate. Martha Henriques goes in search of the ways it could be better for the climate.
Green-blue urban grids make cities sustainable, resilient and climate-proof. This website will help to find fitting measures and inspires with attractive examples.