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Why Carbon Credits Don't Work

Sometimes carbon credits fund clean industries that would prosper anyway.Carbon markets set up under climate-change agreements are supposed to reduce emissions of carbon dioxide. Credits are issued...

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Founding Father

A new book describes the man who created modern venture capital.Although it’s a popular story, it is untrue that President George W. Bush once said, “The problem with the French is that they have no...

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German Solar Industry Could Soon Collapse

What could that mean for attempts to grow solar manufacturing in the United States?Because of its generous incentives program, Germany, a country that gets about as much sun as the darkest parts of the...

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Electronic Trading Is a Good Thing--at First

When a century-old wheat market went electronic, it became a living laboratory for the impact of high-speed trading.

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A Futures Market for Computer Security

A predictions market could help companies prepare for major security incidents before they happen.Information security researchers from academia, industry, and the U.S. intelligence community are...

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