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ProMarket and the Consumer Welfare Standard: Output increase is not sufficient to increase welfare. Allocation, aka distribution, matters.
A rather mysterious case.
During a three-day site visit, members of the Senate Ways and Means Committee were met by state officials and community members who delivered presentations on their plans for a range of both Governor’s and Senate priorities, including: economic and workforce development, investments in infrastructure, and the coalescing of a food innovation network. The group also discussed the future of Kahoʻolawe and Kalaupapa.
A study commissioned by Hawaiian Electric highlights the need for significant technological advancements, particularly in sustainable fuels and carbon-capture, to achieve full decarbonization in Hawai‘i within the next by 2045.
Some industries, especially transportation, face unique challenges in weaning off fossil fuels.