Our
lead story: This week Stanford said that it would divest all of its
investments in coal-mining companies, becoming the wealthiest US
university to pledge divestment from sectors of the fossil fuel
industry. Erin gives you her take on the situation.
For our interviews today, we
look at peak oil theory with Richard Heinberg and James Hamilton.
Heinberg argues that we have reached peak oil supply and that will have
major economic consequences for our future prospects of economic growth.
Hamilton on the other hand sees this as more of a demand issue. Take a
look.
Finally in today’s Big Deal,
Edward Harrison and Erin take a look at the return of the subprime auto
loan market. Is this another example of perverse incentives in the
search for yield? Edward gives you his take.
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