Podcasts about resource economics

8:05PM: The U.S. News 2026 Best Cars for Families Awards is out! Find out what car might fit the bill for you and your family! Guest: Zach Doell, U.S. News’ Vehicle Testing Editor 8:15PM: The Salt Water Initiative’s 4th annual fundraising event on March 21, 2026 at Irish Brewing Boston in Norwood. Help SWI raise money to send more families living with a child with Autism on a Cape Cod Vacation! Guest: Lynne Abbott, Founder of the Salt Water Initiative 8:30PM: When you think of purchasing food, and you see it labeled “natural”, you’re probably more likely to buy it, but buyer beware! Not all foods labeled “natural” are more nutritious than their counterparts. And products listed as “healthy” may contain non-sugar sweeteners and are significantly more likely to meet the FDA’s proposed “healthy” criteria. Guest: Nathalie Lavoie, Associate Professor of Resource Economics at UMass Amherst 8:45PM: Amidst TSA staffing shortages, air traffic controller shortages, and even crew/pilot shortages, that are causing major flight cancellations, delays, and schedule reductions, comes the current shortage of aircraft mechanics! Without those, ALL flights will be grounded! At Cincinnati State Technical and Community College, employers are already lining up....and students say the shortage of workers is the biggest selling point for them. Guest: Jeff Wright, Aviation Maintenance Technology Program Chair and Professor at Cincinnati State Technical and Community CollegeSee omnystudio.com/listener for privacy information.

There is one truth that has followed every major technological revolution in human history. Energy demand always rises to meet technological capability. When we industrialized, coal consumption exploded. When we built the modern transportation system, oil demand reshaped global geopolitics. When we entered the digital age, electricity quietly became the backbone of the global economy. And now we are entering the AI era. What most people don't appreciate is that AI is not just a software revolution. It is an electricity revolution. Training a single advanced AI model can consume as much electricity as tens of thousands of homes use in an entire year. And once trained, these models continue to run inside data centers filled with specialized hardware operating 24 hours a day. A single large AI data center can require over 1 gigawatt of power. To put that into perspective, that's enough electricity to power roughly 700,000 homes. One building consuming the equivalent of a major city. Now consider that companies like Microsoft, Google, Meta, and Amazon are planning dozens of these facilities. Suddenly, you begin to see the scale of what's happening. Even individual AI queries consume more power than traditional computing tasks meaningfully. One estimate suggests an AI query can use roughly 10 times the electricity of a traditional search query. That difference seems trivial until you multiply it by billions of interactions per day. This is why, for the first time in decades, electricity demand in the United States is accelerating again. For nearly 20 years, electricity demand was relatively flat. Efficiency gains offset economic growth. But AI, electrification of transportation, and domestic manufacturing are reversing that trend. And here's where the story becomes even more interesting. China understands this. China is building power infrastructure at a pace that is difficult to comprehend. They are adding entire national-scale power capacity every few years. In 2023 alone, China added more new coal power capacity than the rest of the world combined. At the same time, they are installing solar and wind at record rates, becoming the global leader in renewable deployment. They are not choosing one energy source. They are choosing all of them. Because they understand that energy availability determines technological leadership. Meanwhile, in the United States, building new power plants and transmission infrastructure can take a decade or more due to regulatory hurdles, permitting delays, and political resistance. This creates a very real risk. The country that can generate the most reliable, scalable energy will have a structural advantage in AI, manufacturing, and economic growth. Energy is becoming the limiting factor. And whenever something becomes a bottleneck, investment opportunities emerge. We are entering a period where trillions of dollars will be spent on power generation, grid modernization, nuclear energy, solar, battery storage, geothermal, and technologies that most people have never even heard of. Some of the biggest fortunes of the next decade will likely be tied directly or indirectly to solving this energy constraint. In today's episode, we explore alternative energy sources, the challenges we face, and the technologies that may power the future. Because understanding energy is no longer optional if you want to understand where the world is going. And as investors, those who see these shifts early have the opportunity to position themselves ahead of the crowd. Watch on YouTube: https://youtu.be/D0Lpmq0SAvo Listen on Apple Podcasts: https://podcasts.apple.com/gb/podcast/548-ai-is-about-to-trigger-an-energy-crisis-most/id718416620?i=1000752299883 Listen on Spotify: https://open.spotify.com/episode/5l4674hFIJPWkz0spMq4YL Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffery, the Wealth Formula podcast. And today, before we begin, I wanna remind you as always, there is a website associated with this podcast, wealthformula.com. That’s where you want to go. If you have, uh, an interest in uh, ing more in the community in particular, there is a, a credit investor club. AKA investor club, which you need to sign up for. Uh, go to wealthformula.com and see some private deal flow at, uh, no cost to you, uh, that, uh, you might have an interest in. Uh, let’s talk about today’s show. It’s a little bit about, uh, something. You know, that is, uh, on I think, a, a major issue, uh, going into the next decade. Um, you know, there’s one truth that’s followed. Every major technological revolution in human history. Energy demand is always rise, uh, to meet technological capability. You know, when we industrialize, uh, coal consumption exploded, obviously when we built modern transportation system oil. Demand, uh, reshaped global geopolitics. And when he entered the digital age, electricity became the backbone of the global economy, and now we’re entering the era of artificial intelligence. Now, what most people don’t appreciate is that AI is not just a software revolution, it’s an electricity revolution. Uh, training a single advanced AI model can consume as much electricity as literally tens of thousands of homes in an entire year. And once trained, these models continue to run inside data centers filled with specialized hardware operating 24 hours a day. A single large AI data center can require what’s called a entire one gigawatt of power. Now, what’s a gigawatt? Well, to put this all into perspective, that’s enough electricity to power. Roughly 700,000 homes, one building consuming the equivalent of a major city. Now, consider that companies like Microsoft, Google Meta, Amazon, they’re applying to build dozens of these facilities, and suddenly you begin to see the scale of what’s happening. Uh, even individual AI queries when you do them, they consume a lot more power than traditional computing tasks. Um, there’s an estimate that suggests that an AI query. Can use roughly 10 times the electricity of a traditional, uh, search query. The difference seems trivial until you multiply that by like billions of these interactions per day. And that is why for the first time in decades, electricity demand in the United States is accelerating again and doing so quickly. Now you might ask, well, you know, what’s been happening for the last 20 years? Well, electricity demand was actually relatively. Flat. And a lot of that is because of efficiency gains, offsetting economic growth, but ai, electrification of transportation, domestic manufacturing, they’re all gonna reverse that trend. And, and here’s where the story becomes even more interesting, because we know that China already understands this. China’s building power infrastructure at a pace that’s difficult to really even comprehend. They’re adding entire national skill, power, capacity every few years. In 2023 alone, China added more new coal power capacity than the rest of the world combined. And at the same time, they’re installing solar, wind, all these things at record rates becoming really the global leader in re renewable deployment. So you don’t think of China is that way, but they are. They’re not choosing one energy source. They’re choosing all of them. And because they understand that energy availability will determine technological leadership. Meanwhile, in the US things are kind of slower. Building a, a new power plant and transmissions infrastructure can take a decade or more. We got lots of regulatory hurdles and permitting delays in political resistance that the Chinese don’t have, and that creates a lot of risk. The country that can generate the most reliable, scalable energy, we’ll have a structural advantage in AI manufacturing and economic growth. And that is a big, big deal because energy at the end of the day is becoming. The limiting factor for growth, and whenever something becomes a bottleneck, you also get investment opportunities that emerge. So we’re entering a period where trillions of dollars will be spent on power generation, grid modernization, nuclear energy, solar battery, geothermal, you name it. And a lot of those things you’ve never heard of. Some of the biggest fortunes of the next decades will be tied directly or indirectly to solving these energy constraints. That is why in today’s episodes we’re gonna explore these alternative energy sources, kind of get an idea of what’s going on with them. I know it doesn’t sound super exciting or sexy, but understanding energy right now is, is not optional. If you wanna understand where the world is going, and as investors, those who see these shifts early are gonna have an opportunity to position themselves ahead of the crowd, and we’re gonna have. A conversation to highlight all of that right after these messages. Wealth formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying. You compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique, it’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its back. Turbocharge your investments. Visit wealthformulabanking.com. Again, that’s wealthformulabanking.com. Welcome back to the short rewind, uh, energy demand is, uh, rising, not just from ai but from electrification. Population growth, economic activity itself. At the same time, we’re trying to transition how energy’s produced, which creates, uh, real trade-offs around cost, reliability, and scale. Today’s conversation isn’t about, uh, ideology necessarily, but it’s about the economics of energy and what’s realistic as demand continues to grow. And to help us think this through. I’m joined by Dr. Ga Hockman, professor of Environmental and Resource Economics, with the PhD from Columbia University Gall. Welcome to the show. Good morning. So let’s just start very basic here. In your view, why does economic growth almost always translate into higher energy demand? Because production is very dependent on energy. And so whenever you wanna expand production, you wanna expand food, you need more energy. And this is actually what we’re trying to decouple, to create production processes that are less energy intensive. So as we grow, as we become happier, more viable, we don’t necessarily need more energy. So, uh, setting, uh, ai, artificial intelligence aside for a second, are we already in a path where electricity demand has to rise, you know, meaningfully over the next decade? I mean, what, what kind of projections do we look at there? We need to decouple growth from energy. We didn’t do that yet. As long as we don’t do it. Uh, growth will be associated with an increase in energy demand, not as much as AI has been introducing. And that is, uh, uh, uh, jumping to a higher step. Right. Now, you’ve mentioned this a couple times in the decoupling idea how in the big picture, like how do you do that? Uh, does the low hanging fruit that the US implemented from the 1980s, 1990s, and that is energy efficiency. It, which creates a win-win. Uh, it just changed the light bulbs in your, in your house. You save electricity, but you also save money ’cause these bulbs last much longer. Assuming their cost is not high enough. Is not too high. Uh, industry is the same thing. Introducing more efficient processes. Can result endless need for energy, but we need to go a step further to make it more meaningful and to introduce production processes that simply depend less on energy or depend less on energy that is polluting. Give us another example. I mean, the light bulb is an easy one, but, um, I mean, what are some large scale ideas for that energy efficiency issue? That you’ll think about when you think about these kind of decoupling ideas. Uh, another thing, just, uh, the appliances at home, uh, you want them to, uh, be more energy efficient and the windows you put on your houses, you want it to be double blast, maybe even triple in some cases that blocks the sun and helps I, uh, isolate the house better so you don’t need to heat it as much. Insulation is very important. Uh, very similar things exist in the commercial sector. Uh, if you look at the big retail stores, they’re using a lot of light bulbs. They’re using a lot of insulation to reduce their, uh, heating costs. If they are wanting to become more energy efficient. So these are not very complicated things that can really make a change in residential, in commercial. And you can then expand it further into production process in the manufacturing. And there are different examples also there. There’s also this big driver of energy in the next couple of decades, uh, which, you know, people talk about how many more terabytes we’re gonna need just to support the artificial intelligence revolution. Do you think it’s realistic, you know, just to focus on these efficient levels? Is that enough for, for how much energy we need? No, no. And we need to expand the energy. Uh, it’s important to expand it in ways that is cleaner energy, so it does not create harm. So you don’t create a good with a bad, uh, you wanna introduce energy that is cleaner so you don’t increase, uh, pollution. Uh, impact greenhouse gases. Um, so it is also the fuel mix that you’re using. The fuel sources. Will you use solar? Will you use hydro? Will you use, uh, wind, uh, bio bioenergy, same thing. Bioenergy crops. So you wanna exp expand, you wanna. Introduce a more diverse set of feedstocks that many of them are much more, uh, cleaner than the existing one. Uh, so the movement to renewable is important. Uh, and again, you don’t need to decrease the existing infrastructure, but the new infrastructure at least needs to come from a cleaner sources. You need to improve our use of batteries. Yeah. Let, let’s break down some of the things that you’ve talked about. So, solar, okay. Um, what did, what does solar do well and where does it struggle? Solar, people forget, in 2005 it was $10. Now it’s below $1. So we need to understand that there is a transition in the transition. Many times costly, but we need to learn and bring it down that. Learning came in terms of installation. The installation became much more efficient, uh, much less costly, much faster, and that brought the price of solar down. Uh, solar has been performing very well in many places. Uh, eh, solar today is cheaper than many of the most polluting, uh, infrastructure for power in the world. If I remember correctly, the number, it’s around 500 gigawatts, which is a big number. Uh, they can, that solar can outcompete the existing, uh, energy sources. Uh, where it’s struggling is that, um. Silicon will be is is in high demand and that is a creating a floor that prevents solar from going even lower, but it can also create a constraint in the future as you expand it further. Can you explain for, for us just the silicon issue? ’cause is that. So it’s just a, a silicon is a major component and we don’t have enough, is that what you’re saying? Yes. Yes, exactly. And then doesn’t that drive up the price of silicon? Yes, but we, we didn’t hit that. We, we we’re, we’re, uh, but there are actually various entities working on alternatives. From MIT to companies, uh, that are offering interesting solutions. Yes. You mentioned storage as well. Um, energy storage. Um, how close are we to storage being really viable at scale? I mean, this is, um, you know, we certainly, battery technology has improved, but, you know, how, how, how close are we to it? Becoming something that is, is really, really helping the issues. Uh, it’s challenging ’cause right now it makes it more expensive. But if the more we use it, the more we learn, the more we understand, the more, uh, efficient and cost efficient we can introduce it. Cost will go down. So it’s like the, how do you push it forward? How do you adopt these technologies? Now, we should always remember that there are, in some places, it is already very viable. But it demands certain, uh, uh, circumstances. For example, uh, the Southwest has a location where it has, uh, underground water and solar. The solar heats the underground water. So the underground water becomes the storage that, uh, then the steam becomes the electricity in the night. And that is a very viable process. Hydro with wind goes also very well, and again, uh, they manage to store, uh, use the wind to bring water upstream, and then when there’s no wind, the water flows downstream and through hydro creates electricity. Batteries, it’s technology. Uh, will a breakthrough come one day? I believe so, but again, I, I can’t predict it. Um, we can talk about, um, you know, natural gas, right? I mean, natural gas doesn’t get much attention, uh, in the transition narrative, but how important is it today in maintaining grid stability in supporting renewables? Reliability is more important than prices to many of us. No one likes blackout and if you talk with the, those that monitor and and manage the electricity markets, that’s their top priority, not the price. Uh, we don’t like it when we don’t have electricity. We we’re very dependent on it. So reliability is definitely be, uh, uh, uh, a must before you even move towards renewables. Absolutely. Before prices even, uh, uh, for anyone in the us. Um, so NA Gas has the potential, uh, it has less. CO2. The problem with NA gas is that the infrastructure is leaking. That means that the pipeline are emitting and methane because of leaks. Uh, I believe that needs to be addressed. Uh, uh, natural gas has the potential to be used, but. You need to not use it with an infrastructure that is, uh, resulting in more damage than good. It kind of defeats the purpose of it. What would do you look at natural gas as a short term bridge or something that, you know, the, the system may rely on, you know, in, in a much longer, uh, timeframe, even with other renewables. I would be careful in creating a bridge because that this infrastructure is very expensive. Once you put the amount of money needed to create infrastructure, it’s very hard to change it. Having said that, you will have solutions that will use fossil fuels, which includes natural gas, even in the long run, simply because the cost and the benefits will add up in a way that. It won’t make any sense moving away from fossils. In my opinion, not everyone will agree with me. Yeah, but, and, and you do have technologies that can make fossil fuels much, much cleaner. Like carbon capture used in storage. Uh, that technology has a huge potential. You can recycle the hydrogen and recycle other components in the refinery process that results in a cleaner fuel. But it’s something that we need to incentivize the companies to do. Uh, a company will not do it independently ’cause it’s more costly and that’s important. How about nuclear? I mean, nuclear. Offers reliable carbon free, you know, power. Yet it hasn’t scaled the way many people expected. Um. Why is that people are afraid of nuclear. Look at the three Mile Island and, and look at Fukushima and Chernobyl for that matter. People remember those stories and that really resonates with them badly. And there’s also a problem in the accounting of nuclear. Even the most safest countries in the world like Japan will everyone considered super safe. Even they have an accounting problem. So there is the concern that. Even small amounts get leaked out to the wrong hands. That can be a very bad outcome. Eh? Having said that, there is, I don’t know. I don’t follow it too much, but I do know there is a drive to create small nuclear plants, mobile plants, eh, from my recollection for two, three years ago, the company that I heard of was very successful at that. Eh, Japan went back to nuclear different than Germany. By the way. Germany did not try to, uh, divest from nuclear. So there are some places that nuclear becomes very important. I think it’s also becomes important in some areas that work in ai. So it has been introduced as a source of electricity. Can you tell us a little bit about small modular reactors? There’s a lot of buzz about that. What, what exactly are they? I mean, how small are they? You know, safety wise, uh, they’re mobile, they’re not very big. And, uh, that makes them, uh, much more easier to manage and control as opposed to the very big nuclear plans. Nuclear is a base load. So you use it, you, once you turn it on, you don’t want to turn it off. It’s too expensive. The on and off, it takes it a long time to, to uh, ramp up. Uh, and, uh, mobile, uh, nuclear plants are addressing many of these concerns that exist with the big plants. So they are solving it in, in what I saw pretty well in some circumstances. How small are they? I mean, are they, so would you. Would a, you know, one of these AI data centers, or what would they just, would they have one small modular react or they’ll need more than that? They’ll need more than that. Oh, they need more, more than one. Yeah. Yeah, yeah. So they’re, they’re pretty small or they like, you know, the size of a car or they. How, how small are these things? No, they’re bigger than the car, but they’re not too big. If you know of a nuclear plant, the old one, you see these big round, uh, domes, uh, they’re, they’re not that big. They’re, they’re much smaller, but they’re not as small as a car. Yeah. And so you could run maybe, uh, a, an AI center with a couple of those or something like that. Is that the idea? They have, you can see some of them. There are examples in Texas where you have the, the center basically is surrounded by small units. Are they generally safer to use, and if so, why is that? Uh, I’m not a nuclear guy. I’m not a physic. I should be careful in it, but I, I, what I understood, they’re safer to use. Also, the material i, i I is not reaching, uh, levels that safer levels than you would need for, for example, for bumps and, and stuff like that. So they’re keeping everything at a safer level. When you step back and look at the whole system and think about. What’s gonna happen in the future? Do you think it’s more likely to be dominated by one energy source or like a diversified mix as we’ve been going through? I believe a diversified mix. I also believe that in some places you will always have fossil fuels. In some places you’ll have a very quick transition to renewables. Uh. Uh, we need to look at the system view. In some places it’s easier to clean the dirty fuel. In some places it’s just easier to introduce the, the clean fuel. Uh, some places I do believe you see, for example, developing world does not have the capacity to electrify. We talk about electrification and some people are very enthusiastic about it. You don’t see it in the development world. They don’t, they lack even the US And there is a study in Princeton that came, I think three years ago. Um, if you electrify the whole US today, you need to almost triple the grid capacity. Just understand what the magnitude of money that needs to be invested to get there. Is huge. Now developing countries definitely don’t have it. Even the US doesn’t have that capacity. So, uh, developing countries, I think you might see a lot more biofuels, a lot more, uh, other, uh, substitutes that exist that are easier for them to manage. And then a system view or a more complete view is needed ’cause it’s not. What is the most efficient process? Is what process fits best in a certain area, and, and that will create a lot of heterogeneity, I think. Do you have a sense in the us I mean, what, what do you think ends up being? There’s gotta probably be one, you know, dominant source that it will, will kind of come to friction based on our own. Economics in our own situation. Do you think that’s in the, in the near future? Is that solar, you think? I mean, what, what dominates in the future here? I don’t think you’ll dominate, even in the us you won’t dominate, uh uh. You have regions in the US that are very, uh, windy. Wind farms will be the optimal path. There are places that don’t have any clouds, 350 days a YA year. So solar is perfect there. Solar also creates employment and live view for certain communities so that the employment component is an important part. So you create. Income and, and, and, uh, in, in, in life, in, in economic variability in regions with the renewables, there are other regions that have, uh, a lot of supply of, uh, excess biomass or the capacity to produce a lot of biomass, and that creates them an alternative to use biomass ’cause that’s what brings them. Again, income, which is always important, but it also brings them a feedstock that might be of a, a lot of benefits. Um, and you will have regions that are heavily so heavily invested in fossils that it will never make sense to move away from fossils, but it will make sense to create cleaner fossils through carbon capture and storage in other ways. So I don’t think the US will move into one place or another. Yeah. Um, you know, you often hear discussions about, in the US about, um, our grid being outdated. Tell us sort of at, at a high level, if you wouldn’t mind explaining the issues with the grid and, you know, what, what kind of issues that brings up as we need more energy sources. Just look at the power plants. They were, look at their ages, the age of power plants. Look at and, and then there are a few that were supposed to be retired and now have been extended, but just. That by itself is sufficient to create problems whenever you encounter a natural, uh, extreme event that, uh, stresses the system. Uh, we saw with Sandy in the northeast. The northeast was, a lot of the infrastructure was outdated. Sandy came, the system collapsed. They fixed it now, so they upgraded it. There is, uh, uh. Some of the utility. Again, I’m not, I’m following anecdotal evidence and news, not beyond that, but some of the companies are striving to improve their grid and they are trying to, uh, introduce a more sustainable and reliable system again, ’cause reliability is so important. What does, what does it mean really to even update the grid? I mean, just for people who are not in this space, what does that even mean to upgrade it? You, you, you change the equipment, you upgrade the equipment, you better manage the inter, uh, interaction of trees and, and, and the electricity lines. Uh, you bring electricity lines underground. You also improve a lot of the infrastructure, uh, of the power plants and how they distribute the energy. So this whole infrastructure is being upgraded so it can support. For example, the ai. And that actually is something that the AI might bring as a very positive thing. So it will force the system to, uh, upgrade, to introduce more efficient processes, uh, distribution mechanisms that are more resilient, which I think is important. I hear we’re kind of behind when it comes to this, when you compare it to China. Can you talk a little bit about that? China has a different structure of, or economic structure. So a lot of the, uh, driver, the driver in China is the government and money that the government allocates to these alternative technologies, and that creates a very strong drive for renewables. Eh, China is also a big driver in coal in China, so. It’s basically where the government decides to put the money, and that’s where you see the industry flourish. If you look at the numbers, the investment numbers, China outpaces any country in the world in terms of the value invested per year in the recent years, and, and they’re producing a lot more, a lot more energy than us too. Isn’t that correct? I mean, I, I’ve just been, just in terms of following the AI news, I keep hearing about it. China has no. So many more terabytes than us, uh, of energy, uh, ability. Is is that true? Uh, that I don’t know. I don’t know exactly ’cause, uh, I know they’re producing a lot. I know they are expanding a lot, and I know that in the solar space, for example, they dominate because of that. They’re already, they’re also starting to dominate in the electric vehicle space. Uh, they’re becoming to leaders in those areas. Yes. Um, big picture, I think if you wanted to sort of sum up some of the, you know, major issues that you think that, you know, people like us who are. Investors or you know, just people wanna know what’s happening in the future. Like what, what’s, what’s the message for, for people? I would, I would try to make my house more efficient. I would try to, uh, and it’s important to understand this is not only about, it is about greenhouse gases, but it’s also about if your house is more efficient, you are also paying less money. And that has a lot of benefits to it. Similar logic can follow to the industries and how they work, how, and, and conserving energy is not necessarily coming at the cost of being more or less productive. That’s what we need to understand. You can conserve energy and still produce more. You can become more efficient and you can still, and you can reduce your dependencies on, uh, energy, which I think is important. Dr. Ga Hoffman, thank you so much for being on Wealth Formula Podcast today. Thank you for inviting me. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage private school to pay for, and you feel like you’re getting further and further behind. A good news. If you need to catch up on retirement, check out a program put off by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your. And money from creditors and provide financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealthformulabanking.com. Welcome back to the show everyone. Hope you enjoyed it. And, uh, yeah, again, you know, the goal of this show is really to give you, you know, a, a macro look at what’s going on in the world and one of the things that is. Clearly an issue for the United States is energy production. And so, um, you know, stay on top of this stuff. This is, you know, this is where the puck is headed, right? Um, ai, all these things that are, are really, uh, driving the next decade of growth. Really depend on it. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck Joffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealthformularoadmap.com.

A just completed economic impact assessment shows an eight to one return on dollars invested in pork sector research in Canada. Swine Innovation Porc explored the findings of an impact assessment which examined the returns on pork sector research investment in Canada.Dr. Stuart Smyth, a Professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan, and one of the authors of the report. He will explain the study looked at research investments made from 2010 until the end of 2023.AND The dairy industry has plenty of reasons to be optimistic in 2026. That's the view of Farm Credit Canada's 2026 Dairy Outlook, written by FCC Senior Economist Graeme Crosbie. He will share some of the highlights of 2025 and why 2026 is looking so encouraging.See omnystudio.com/listener for privacy information.

It's been just two weeks since Ottawa struck a new trade deal with China, and already China is buying Canadian canola. Shipments are set to resume in February. The move is a major relief for Prairie farmers, signaling strong demand and renewed stability for canola exports. Stuart Smyth, professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan joins the show.

John Tory hosts the Jerry Agar show and begins the second hour with Party for Two with Tim Hudak. Is taxing the rich the answer to lowering debt? Plus, cases of the flu are rising, have you noticed? Then, Mike Von Massow, a professor in Food Agriculture and Resource Economics weighs in on food pricing.

This final episode of 2025 features Brent Johnson of Santiago Capital discussing the year's volatility and the structural global regime shift underway, operating at the intersection of capital flows and geopolitics. Johnson argues that President Trump has effectively dismantled the post-World War II rules-based order by unapologetically saying the U.S. is now acting solely for its own benefit, creating a "brave new world" for markets. A key misunderstanding among investors is the belief that the U.S. will inevitably lose its place in the world, yet Johnson maintains that the Western Hemisphere still provides the best relative opportunities for asset allocation. This shift is marked by the move toward centrally planned, state-sponsored markets, exemplified by the Department of War's Office of Strategic Capital (OSC), which acts as a 21st-century Manhattan Project to secure supply chains. The OSC facilitates this by using public-private partnerships to match government funds with private capital, thereby financing the re-shoring and remilitarization of strategic industries. This government focus on national security is expected to override environmental concerns, creating opportunities in North American natural resource sectors, like energy, earth minerals, gold, and silver, over the next decade or two. This episode of Mining Stock Daily is brought to you by... Revival Gold is one of the largest pure gold mine developer operating in the United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠revival-dash-gold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠https://vizslasilvercorp.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Equinox has recently completed the business combination with Calibre Mining to create an Americas-focused diversified gold producer with a portfolio of mines in five countries, anchored by two high-profile, long-life Canadian gold mines, Greenstone and Valentine. Learn more about the business and its operations at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠equinoxgold.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Integra Resources is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com

Stuart Smyth is a Professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan  Learn more about your ad choices. Visit megaphone.fm/adchoices

IFPRI-AMIS Seminar Series | IFPRI Policy Seminar Navigating the Food Security Nexus: Commodity Prices, Inflation, and Exchange Rates Co-organized by IFPRI and Agricultural Market Information System (AMIS) October 21, 2025 Join us for a seminar exploring the complex interplay between global food commodity prices and domestic food price inflation, and the implications for food security. Drawing on recent analytical work and market monitoring, the session will examine how international price movements transmit through domestic markets, often exacerbated by exchange rate fluctuations and macroeconomic volatility. Fluctuations in exchange rates pose an additional and compounding challenge in how global food commodity prices affect domestic markets. Even when international commodity prices level off, a depreciating currency can still lead to higher local food prices, especially in countries that rely heavily on imports. We will examine why food inflation has disproportionately affected low-income countries—where currency depreciation has amplified the impact of rising global prices, pushing nutritious diets further out of reach for vulnerable populations. The discussion will also highlight how broader macroeconomic conditions, including labor costs and profit margins, have intensified price pressures beyond what commodity shocks alone can explain. Insights from recent studies will shed light on the speed and asymmetry of price transmission, the role of trade integration, and the implications for food security and nutrition. We will also discuss policy responses and market transparency mechanisms—such as AMIS—that can help mitigate volatility and improve resilience. Moderator Opening Remarks Monika Tothova, Senior Economist, Food and Agriculture Organization of the United Nations (FAO); Agricultural Market Information System (AMIS) Secretary Presentation: Addressing high food price inflation for food security and nutrition David Laborde, Director, Agrifood Economics and Policy Division, Food and Agriculture Organization of the United Nations (FAO) Panel Discussion Moderated by Monika Tothova, Senior Economist, Food and Agriculture Organization (FAO); Agricultural Market Information System (AMIS) Secretary and Joseph Glauber, Research Fellow Emeritus, IFPRI Helia Costa, Economist, Structural Policy and Research Division of the Economics Department, Organization for Economic Co-operation and Development (OECD) Fabio Santeramo, Associate Professor, Department of Agricultural Sciences, Food, Resource Economics and Engineering, University of Foggia Michael Adjemian, Professor, Department of Agricultural and Applied Economics, University of Georgia Karl Pauw, Senior Research Fellow, IFPRI Closing Remarks Joseph Glauber, Research Fellow Emeritus, IFPRI More about this Event: https://www.ifpri.org/event/navigating-the-food-security-nexus-commodity-prices-inflation-and-exchange-rates/ Subscribe IFPRI Insights newsletter and event announcements at www.ifpri.org/content/newsletter-subscription

Oct. 2, 2025: Guest host Scott Shantz in for Jas Johal Will Alberta's proposed pipeline across B.C. ever become a reality? (0:00) Guest: Andy Hira, Political Science professor at Simon Fraser University, and head of the Clean Energy Research Group Food prices in Canada continue to rise (8:59) Guest: Stuart Smyth, Professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan Trump brings back calls for Canada to be the 51st state (14:48) Guest: Alexander Salt, fellow with the Canadian Global Affairs Institute B.C.'s Energy Minister weighs in on Danielle Smith's pipeline proposal (20:31) Guest: Adrian Dix, B.C's Minister of Energy and Climate Solutions Should B.C. abandon its planned ban on gas vehicles by 2035? (29:12) Guest: Carson Binda, B.C. Director of the Canadian Taxpayers Federation Should Ottawa's gun buyback program be scrapped? (34:48) Guest: Douglas Bancroft, Region 1 (Vancouver Island) President of the B.C. Wildlife Federation Will raising the GST save Ottawa from debt? (39:54) Guest: Dan Kelly, President of the Canadian Federation of Independent Business (CFIB) Has a surge of immigration overwhelmed Canada's federal court? (46:20) Guest: Will Tao, Co-founder and immigration and refugee lawyer for Heron Law Offices Amazon opens up over 1,000 jobs in Vancouver with higher base pay (52:57) Guest: Bruce Winder, Retail Analyst and President of Bruce Winder Retail Learn more about your ad choices. Visit megaphone.fm/adchoices

Guest host Scott Shantz talks to Stuart Smyth, Professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan Learn more about your ad choices. Visit megaphone.fm/adchoices

Edward Miguel is Distinguished Professor of Economics, the Oxfam Professor of Environmental and Resource Economics, & Faculty co-Director of the Center for Effective Global Action at the University of California, Berkeley, where he has taught since 2000. He earned S.B. degrees in both Economics and Mathematics from MIT, received a Ph.D. in Economics from Harvard University, where he was a National Science Foundation Fellow, and has been a visiting professor at Princeton University and Stanford University. Ted's main research focus is African economic development, including work on the economic causes and consequences of violence; the impact of ethnic divisions on local collective action; interactions between health, education, environment, and productivity for the poor; and methods for transparency in social science research. He has conducted field work in Kenya, Sierra Leone, Tanzania, and India. He has published over 130 articles and chapters in leading academic journals and collected volumes, and his work has been cited over 50,000 times according to Google Scholar.

In today's episode, we're discussing the complex and urgent topic of global food demand. The United Nations Sustainable Development Goals, or SDGs, ask countries to make measurable progress in reducing poverty, achieving zero hunger, and supporting every individual in realizing good health. While also mitigating climate change, sustaining the environment and responsible consumption and production habits. Researchers have recommended sustainable diets - planetary health diets. For example, the Eat Lancet Planetary Health Diet. However, others have criticized some of these diets for not addressing the economic and social impacts of transitioning to such diets. Is it possible to balance changing diets, rising incomes, and economic growth with economic feasibility, environmental impact, and long-term sustainability? Well, that's what our goals are today. Our guests today are Andrew Muhammad of the University of Tennessee Institute of Agriculture, and Emiliano Lopez Barrera from Texas A&M. They are my co-authors on a new paper in the Annual Review of Resource Economics entitled Global Food Demand: overcoming Challenges to Healthy and Sustainable Diets. Interview Summary Andrew let's begin with you. Why is it important to study the economics of dietary habits and food choices in a global context? Well, it's important for several reasons, right? When we think both about food security as well as environmental outcomes and maintaining biodiversity, in keeping both human beings and the planet healthy, we really do need to think about this in a global context. One could see agriculture as a global ecosystem where decisions in one country clearly have impacts on outcomes in others. While at the same time, we need to see food as a means by which we satisfy the demands of a global community. Whether it be through our own domestic production or international trade. And then the last thing I'll say, which is really most important are all the actual things we want to tackle and mitigate and correct, fix or improve. Whether it be the environmental issues, global food security outcomes, individual diets, mitigating obesity issues globally, right? It's pretty clear that most of the things affecting human beings in the environment as it relates to agriculture are global in nature, and there's an economic component that we need to consider when addressing these issues in a global context. Thank you for sharing that. And I am interested to understand what the role of economics in dietary habits is as we explored it in this review paper. In economics, this is a pretty long history, one could say going back centuries, right? This idea of how income growth impacts food spending on a household or individuals, as well as what economic affluence in development does to sort of how diets transition. And so, for example, it's been long established, right, as individuals get richer, a smaller and smaller share of their income is spent on food. So therefore, food dynamics become less important in [a developed, rich country versus a developing country where a large percentage of income is still spent on food. And what does that mean? That means that while I may find price shocks annoying, and while I may find higher grocery prices annoying, in a developing world that clearly has some implications on the nutritional needs and food decisions far more than it would have on me, for example. But the other thing which is something that has been highlighted for quite some time, and that is this transition from basic staples - from rice, grain, corn, cassava, potatoes, etc. - to more complex food products like high protein dense meat products, fish, milk, dairy, and even highly processed products that are deemed unhealthy. But the point is, as we look at the full spectrum of countries from least developed to most developed, you see this transition from basic staples to these protein dense products as well as complex processed products. This is a really important point about what are the trends across countries and over time as incomes change and as global prices affect choices. And I do appreciate what you're saying about those of us in, say a country like the United States, where we may be able to absorb some of the shocks that may happen with food prices, we also recognize that there are folks from lower income households where those kinds of price shocks can be really challenging. That's true. But this is a different story when we're then talking about developing countries and some of the challenges that they face. Thank you for sharing that. I'm also interested in understanding what do economists mean by a nutritious and sustainable food demand, especially in the context of global or cross-country comparisons. What are some of the things that you uncovered in this review? Yes, and I think the main thing, which is particularly interesting, is how early diets transition. How quick countries go from being staple dependent to sort of relying more on protein in consumption and demand. And that happens pretty early and so long before you get to say, countries like the United States with a per capita income of around $50,000 per person, you start seeing transitions quite early, right? Whereas income goes from say less than a $1,000 per person to maybe $5,000 and $10,000, you see these transitions right away. And in fact, you begin to see things level off. And what that means is when we think about, for example, animal protein production, which is in the context of dairy and beef, which is considered relatively more harmful to the environment than say poultry production. What you do find is that in these developing countries, they really do transition right away to meat with just minimal income growth. Whereas at the same time, when you start seeing income growth at the higher end of the spectrum, you don't see that much of a change. Now, something that's also unfortunate, what you find is that with income growth, you do see decrease in consumption of vegetables. A part of that is that some staples are counted as vegetables, but another part of that is that wealth and influence doesn't necessarily lead to improved diets. And that's something that's unfortunate. And what it says is that interventions are possibly needed for these improved diets. But to really get back to your question, this idea when we say sort of a nutritious diet, obviously we're thinking about diets that satisfy the nutritional needs of individuals. While at the same time mitigating unhealthy outcomes. Mitigating obesity, cardiovascular disease, etc. But then coupled with that is this whole notion of sustainable agricultural production. And I think one of the difficult things about both nutritious and abundant food as well as environmental outcomes, is we really are thinking about sort of trade-offs and complementarities. Then I think economics gives us a real keen insight into how these things play out. Andrew, you make me worry that we're locked in. That is as soon as income start to rise, people move to more animal protein-based products. They move away from some fruits and vegetables. And knowing that the environmental consequences of those choices and even the health consequences, my question to you is what kinds of interventions or how do you think about interventions as a way to shape that demand? Is that an appropriate way to think about this? Alright, so there's a few things. One is just sort of provide nutrition education globally. Having countries and their governments sort of understand these outcomes and then making a concerted effort to educate the public. The other thing is what you often do see is incentivized, for example, fish consumption. Incentivizing poultry production. And you do actually see a lot of incentives for poultry and egg consumption. And I think of like the Gates Foundation in that One Egg a Day initiative to help with child stunting and child growth in the developing world. And so, they're clearly protein alternatives to bovine type products. And I have to be clear here. Like I'm only speaking about this in the context of what's being said, in terms of the environment and animal production. But the other thing I think, it's probably even more important, right? Is this idea that we really do need to rethink how we, both in the developing world as well as in the developed world, rethink how we think about nutrition and eating. And that's just not for developing countries. That's for all countries. And obviously there's one last thing I'll highlight. You do have to be sort of concerned about, say something like taxes. Which would be clearly regressive in the developing world, and probably much more harmful to overall consumer welfare. The point is that taxes and subsidies seem to be the policy instruments of choice. Great. Thank you for that. Andrew has just shared with us some of the issues of what happens as incomes rise and the changing patterns of behavior. And that there are some implications for sustainable diets. Emiliano, how can we use the type of data that, Andrew talked about to model food systems in terms of health and nutrition. What can we learn from these models and, what should we do with them? Emiliano – Yes, thank you. Andrew really pointed to like many very important issues, aspects. We see some worrisome trends in the sense that current diets are going in the direction of showing less nutritious. Also, we are looking at a lot of issues in the environmental externalities, embedded resources. A lot of that within the current diet trajectory. Economic models, they have this advantage that they can connect these things together, right? Each time that we decide what we are purchasing for eating each day we are deciding in a combination of these resources embedded in the food that also some potential nutritional outcomes or health outcomes related to that diet. And the models help to connect these things very well. We can trace this back from more, sort of naive approach where we do have lifecycle assessments where you just track the account numbers through the different stages of the food. And you can just basically trace the footprint or head print of the foods. But you can come up with more advanced models. We have seen a huge advance on that area in the last 10-15 years where models can really connect the things in a more holistic approach. Where you can connect the demand systems and the supply system both together. And then from and calibrate the models. And then also they're very useful to project to the future, different states of the world in the future. By doing that sort of exercises, we can learn a lot of how these things are connected, and how potential different pathways towards the future will also have potential different outcomes in terms of nutrition. But also, in terms of environmental pressure. We can model things, for instance, we were talking a little bit on how to shape these different sorts of diets. That's a thing that is advancing more and more in the modeling literature. We can see that people are going from these earlier approaches where we just get a particular diet that we have as a goal, and then we use that as a sort of counterfactual compared to the baseline sort of trajectory. Now we are looking more and more people doing exercises like how we can actually get there with this, for example, differential value added taxes where you kind of harm some type of food and then you kind of incentivize the consumption of others, as Andrew was saying. And we are looking at a lot of those sort of exercises at the global level, localized, and we are learning a lot of these intricate relations from the models. I think that's bottom line. And in that sense is models are really well equipped to this problem in the sense that show this holistic picture of the issue. Thank you for that. And what we've been learning from these models is this holistic picture, but can you tell us anything about how these models help show these relationships between diet and health outcomes and environmental sustainability? I mean, what's happening? Are we seeing models help predict the greenhouse gas emissions or changes in cardiovascular outcomes? What are you seeing? Well, typically when we do baseline projections, we use a lot of end use information where we have been studying things backwards, and in these integrated relationships. And when we look into the future, these relationships get stronger. Like some low income, middle countries tend to sort of repeat similar patterns of things that we have seen already in more industrialized countries. We have all this nutrition transition that comes strong. Pretty fast and pretty strong within the models. And when we look forward, the problems are not only going to be like the ones we see now, but probably somewhat worse. Especially in the pressure on the use of natural resources. So that's one thing that we have seen. Another thing that we have seen is that there can be a lot of potential multiple dividends of alternative pathways, right? We have this sort of baseline situation where diets kind of go that way and they become less sustainable, less healthy. We have dual burdens, multiple burdens of malnutrition rising in many countries at the same time. But then when we kind of model this counterfactual situation where what if we get a different diet that can follow certain guidelines or a flexitarian diet or even a vegan diet, whatever. All of those things can bring together some multiple dividends in the sense that you can certainly reduce the pressure on the use of natural resources in many degrees. And then also at the same time, you can reduce the burden of the health outcomes. That's a thing that we have been learning. Another thing that is interesting and is really strong in the model is that you can actually see a lot of synergistic things, synergistic goals that we can learn, but also a lot of potential tradeoffs, right? When we shift towards these sorts of alternative diets in an ideal world, well then, a lot of sub populations in certain parts of the world may suffer that thing too. There are multiple benefits, but also there are a lot of tensions. And we are learning more and more about those as well. And models actually showing those synergistics, but also some of these potential trade-offs in a very, very interesting way. Thank you for sharing that because one of the topics I was interested in understanding is can folks actually afford these diets? I mean, there was a lot of controversy around, or concern around an Eat Lancet diet in saying can people afford this. And we actually review that in the paper. What you're telling me is that there is a possibility of understanding distributional effects within societies of if we move our diets in this certain way who's able to afford it. Whether the implications for lower income folks in that society as compared to other model diets. Is that a fair assessment of some of the work that you've seen? Yes, absolutely. If, for instance, when we're doing the models, I'm going to put an example, we do this sort of incentivizing certain kind of foods and we put high taxes on other kinds of foods. Well one thing that is interesting is that all of these potential benefits or spillovers or global spillovers are really interconnected with also trade policies. And global models can tell us a really compelling story about that. In a more connected sort of world, when you do something in certain region that can have some benefits, then that creates spillovers to others. Let's say you reduce the demand of food in certain regions, certain countries, you can shape that. Then that globally through global markets can affect the accessibility or affordability of food in other regions. In that sense, those two things are connected and bring some benefit. But when you look at deeper in that particular region where you're trying to intervene with certain taxes for certain kind of foods, it is obviously going to bring some challenges. Some equity challenges because those particular areas that are devoted to produce that kind of food are also related to a lot of workers, a lot of producers, farmers, etc. And a lot of those are going to get the negative effects of this sort of policies. So that's one side. Then the other side is, yeah, when you affect prices, prices affect obviously the consumers as well. And again, in those certain regions when you have some population that is already are having some challenges to afford certain kind of food, if you impose a tax, then that again will handle those population. There is a lot of work to do to look at the details. And sometimes global models or two aggregated models can fail short in that direction. But we see that in an aggregated world, let's say. Yes, I appreciate and want to pick up on both something you and Andrew have been really pushing. Is this interconnectedness. Once we intervene in one part of the market or in even one part of the world, there are reverberations throughout. And these models sound really rich, and you started to hit on something that I want to learn a little bit more. And it's this idea that the models aren't perfect. Can you tell us a little bit more about some of the limitations of these models, especially as it relates to policy design or policy discussion? Yes. Well one thing that is, and the more you look at these things, is some of these models or mostly global models, they do have again this benefit that you can see many things interconnected at the same time. But that then you have to neglect something. There is a trade off in that decision. And typically, you are looking at things at a slightly aggregated sort of level. So typically, you have a average representative consumer or an average representative producer in a different region or a different country. With that, you then could miss a lot of the heterogeneous effects that a policy or a counterfactual state of the world will have on a certain population. In many cases we will fall short on that. And one thing that we have seen, and it's really cool, and I think it's a really good advancement in recent years more, people is doing, is that sort of multi-scale kind of approach where you do have a sort of global model to solve certain situation and then with that you calibrate in a more granular type of level of model. That sort of multi-scale approach it's working pretty well to see more of these multi-level effects. But sometimes global models can fail short on getting a heterogeneous result, I guess. Thank you for sharing that. And it's important to understand that models are not perfect, and that we're regularly as a discipline, as a field, we're always working on improving the models, making them more realistic, and more responsive to policy shifts. And so that begs this question, and then I'm going to open this up first to Andrew and then back to you, Emiliano. In this review paper, we were looking at the state of the world, the state of the art of research in this space. And my question to you both is what are some places where you see a need for new research or new research questions that we haven't really dealt with? What are you seeing as important places to go here? Here's the thing. I wouldn't necessarily refer to it as sort of new research, but certainly where we definitely need more research. And so, for those studies that continue to link greenhouse gas emissions with animal protein production, and really trying to think about what that would necessarily mean if we in some way mitigate animal protein production. Particularly let's say cattle and dairy. What does that necessarily mean for countries at the lower end of the spectrum where that initial demand for protein is needed. While at the same time we're not seeing changes in the developing world. The point is, where do we get the most bang for our buck? Do we get the most bang for our buck environmentally by trying to mitigate consumption globally? Or in some way trying to mitigate consumption, say in the United States and Europe, while at the same time letting Botswana and other countries carry through on that dietary transition that would otherwise occur. And I do think I've seen studies like that. But I do think this whole issue of where best to mitigate meat production and where best to sort of let it go. The other thing, and we're going to continue with this going forward. And that is particularly in the developing world this idea of how one manages both rising obesity and rise in malnutrition all at the same time. Like that is a very sort of precarious position for governments to find themselves in. One, having to both feed people more than what's available, while at the same time having a subset of the population eating too much. Whereas unlike the United States where we could pretty much have a blanketed dietary strategy to try to reduce size, girth, and just sort of eating habits. In the developing world, you really do have to manage the dual negative outcomes of both obesity as well as malnutrition. Great. Thank you. And I really appreciate this idea of where do we target interventions? Where do we, as you said, where do we get the biggest bang for our buck? And then this really complicated tension of some folks is experiencing food security challenges, others are facing issues around obesity. And we actually see in some places where those two things come together really complex ways. What's the right set of policies to actually solve both of those problems? And how do you do that well? Emiliano, what are you thinking about in terms of new directions or areas to go? So, in terms of approaches like more in a technical way, but I'm going to be brief from this I promise, I feel that there is a lot of work to do in multilayer modeling. I think that's a really exciting avenue that people are trying. And there are different ways to go from top bottom sort of approaches in the demand spectrum, but also in the resource embedded spectrum. So that's pretty exciting. But then topically, I think Andrew covered pretty well. I will say also that we do have the multiple burdens of malnutrition. On top of that thing that I would mention is the food waste. A thing that I have learned in the past that food waste is a big portion of the overall purchasing basket. And it's coming pretty clear still is way sort of underdeveloped kind of area because it's a very difficult thing to measure. There are not a lot of papers that can address this globally or look at long run trends and things like that. But it's typically mirroring the dietary transition as well. But we really need to learn how that looks. Is this a thing that we used to think 5-10 years ago? It was more like a sort of static problem in rich countries that they tend to waste food. But now we're looking more and more that this is an increasing problem in more developing countries, emerging economies. And as soon as we get certain threshold of income, people start purchasing more than what they need. And then we see more and more food waste. And that area I think is somewhat overlooked or still a good challenge to be addressed. And then from there, when you look at that, we should look at how that again enters the big picture, right? I mean, there are a couple of papers that have combined these changes in diets, reducing food waste as a part of it, and so like that. But still there is a lot of work to do on that. We tend to think also, and again, similarly to with the other things, that food waste is not a great thing. It's a clear sign of inefficiency in the global food system. Food waste itself also has a lot of embedded resources, right? One of them is labor. So, we just try or do a huge amount of effort to just reduce or eliminate food waste or reduce in a big portion of food waste. Then what's going to happen with a lot of employment that it was devoted to that. I think that particular fact is somewhat overlooked too. But again, those are the sort of areas I would be excited to look in the near future. I really appreciate this point about food waste. That's an area that I've been working on mostly in the US. And I agree, I think there's some critical places for us to consider. And also thinking about what that means for modeling. I know with the Thrifty Food Plan here in the United States, there's an assumption of a 5% food waste and that's a big assumption. When you can imagine just how different households may respond to incentives or how prices may influence their choice or maybe even lack of choice as food waste does occur. So, I think you are touching on some really important points, and I really like how, Andrew, you're talking about the importance of targeting. Bios Andrew Muhammad is a professor of Agricultural and Resource Economics at the University of Tennessee Knoxville. He is an expert in international trade and agricultural policy. He assists state and national agricultural decision-makers in evaluating policies and programs dealing with agricultural commodities, food and nutrition, natural resources, and international trade. Emiliano Lopez Barrera is a visiting assistant professor in the Department of Agricultural Economics at the University of Texas A&M University. His current research focuses on understanding how future patterns of global food consumption will affect human health, and how the agricultural changes needed to support the ongoing global nutrition transition will affect the environment. He combines econometric tools with economic and nutrition modeling to explore the trade-offs and linkages among diets, human health, and environmental sustainability. Prior to his grad studies, he worked as a consultant for the Inter-American Development Bank at the Central Bank of Uruguay. 

Deb talks with an MP who wants to see it happen Plus – Why was Deb shocked when she saw chocolate chips?GUESTS: Mark Mendelson - Newstalk 1010 Crime expert and former homicide detective Melissa Lantsman - Deputy Conservative Leader Mike Von Massow - OAC Chair in Food System Leadership and Professor in Food Agriculture and Resource Economics at the University of Guelph Patrick Brown - Mayor of Brampton

David Ortega is Professor and Noel W. Stuckman Chair in Food Economics & Policy in the Department of Agricultural, Food, and Resource Economics at Michigan State University.Part of the outreach David does is the Stuckman Lecture Series at Michigan State University, which brings leading voices in food and applied economics to campus, fostering critical discussions on the economic forces shaping our food systems and global markets. As the inaugural speaker, Scott Horsley sets the stage for an ongoing dialogue on the intersection of food, economics, and policy. Scott is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.Conversation Highlights:(1:02) - David, describe the work you do at MSU. What is food economics?(1:48) - Who is Noel Stuckman and describe the mission of the series. Why are these discussions important?(2:47) - Scott, what do you see as the key issues in food economics, and what are you focused on reporting?(4:28) - What messages do you hope to leave with the audience?(5:37) – When it comes to food economics, is there a fact you would like to reinforce or a myth you would like to dispel?(8:32) - What's the mood at NPR after cuts? What's ahead?(10:13) – What will you be reporting on and researching in the coming months?Listen to “MSU Today with Russ White” on the radio and through Spotify, Apple Podcasts, and wherever you get your shows.Conversation Transcript:Russ White (00:00):Well, David Ortega is professor and Noel W Stuckman chair in Food Economics and Policy in the Department of Agricultural Food and Resource Economics at Michigan State University. David, great to have you back on MSU today.David Ortega (00:15):Thanks, Russ. Happy to be here.Speaker 1 (00:17):In a moment, we're going to talk to NPR Scott Horsley because part of the outreach David does in the Stockman lecture series that is inaugurating today with us, Scott. It's bringing together leading voices in food and applied economics to campus, fostering critical discussions on the economic forces shaping our food systems and global markets. As the inaugural speaker, Scott Horsley sets the stage for an ongoing dialogue on the intersection of food economics and policy. Scott is NPR'S Chief Economics correspondent. He reports on the ups and downs in the national economy. Scott, great to have you at MSU.Scott Horsley (00:53):It's great to be here in Michigan.Speaker 1 (00:56):David, first a little bit about the work you do. What do you mean by food economics and what does the department do?Speaker 2 (01:02):Yeah, so I'm a food economist and that's really a subdiscipline of economics where we look at how food goes all the way from farm to table and all of the people that are involved in producing the food, distributing that food. But we also look at what affects the food on its journey shocks, and we look at prices and economics as sort of an outcome. And there's been a lot of factors that have really converged over these past few years that have led to significant increases in the price of food. Also teach both at the undergraduate and graduate level, teach food marketing management for undergrads, but also food policy at the graduate level to our masters and PhD students.Speaker 1 (01:42):So David, who is Noel Stuckman and describe the mission of this lecture series. Why are these discussions important?Speaker 2 (01:49):Yeah, so Noel Stuckman is a graduate of Michigan State University who went on to have a very distinguished 30 year career with Michigan Farm Bureau working with leaders across the state. And really it was his vision and generosity that made both the chair but also the lecture series possible. And the lecture series came about from a need to have a broader conversation about some of the challenges that are facing both the agricultural and food sector issues like the high price of food and the tremendous policy uncertainty at the moment that are affecting not only decisions on the farm and in agribusiness boardrooms, but also around kitchen tables across the country. And so I think it's an important time to have this discussion and I'm very excited to have Scott to kick us off with the lecture series.Speaker 1 (02:39):And Scott Horsley, why are you interested in these issues and what do you see as the key issues right now in food economics that you're reporting on?Speaker 3 (02:47):Well, it's a great honor to be kicking off this lecture series. I'm flattered that David thought of me. He's been a great resource for us. We've relied on his expertise many times on the radio to help explain what's going on with our food supply. And I hope to maybe repay the favor a little bit. We've seen at the macro level, we've seen grocery prices more or less level off. I mean, they haven't gone down by and large, but they're not going up the way they were a number of years ago where we had for a little while we had double digit grocery price inflation. That's the thing of the past now. And now prices are going up at sort of a more normal level, but for people who had a couple of decades of very stable food prices, the pandemic shock and then the shocks around the war in Ukraine really rattled people and they continue to rattle people.(

A new report from the Australian Bureau of Agricultural and Resource Economics and Sciences forecasts the agriculture, fisheries and forestry sectors are tipped to reach a combined value of more than 100 billion dollars this financial year. The figures is being driven by elevated livestock production. Rural Editor Emily Minney spoke with ABARES Executive Director Jared Greenville about the figures. See omnystudio.com/listener for privacy information.

Richard J. Sexton is a distinguished professor of Agricultural and Resource Economics at the University of California - Davis. He has published extensively and is the author of an important book entitled "Food Fight: Misguided Policies, Supply Challenges, and the Impending Struggle to Feed a Hungry World." Richard provides critical insights for our collective future, and our awareness needs to lead us to action.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Being a farmer in Canada isn't easy at the best of times, and there's a new big challenge ahead.This week, China announced a hefty tariff on our canola products, which happens to be this country's largest agricultural export.Billions of dollars are at stake - so how damaging could this be?Host of In This Economy?! Mike Eppel speaks with Mike von Massow, a professor in the Department of Food, Agriculture and Resource Economics at the University of Guelph. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter

Being a farmer in Canada isn't easy at the best of times, and there's a new big challenge ahead.This week, China announced a hefty tariff on our canola products, which happens to be this country's largest agricultural export.Billions of dollars are at stake - so how damaging could this be?Host of In This Economy?! Mike Eppel speaks with Mike von Massow, a professor in the Department of Food, Agriculture and Resource Economics at the University of Guelph. Do you have a topic that's confounding you in this economy? We'll be happy to dig into it for you and get you the answers you need. Email us at: rogerspodcastnetwork@rci.rogers.com. Thank you for listening!

Climate change, population growth, demand for animal products, pest resistance to traditional treatments and misguided policies lead to food shortages and escalating food prices.  In 2023, 733 million people faced hunger and 2.3 billion were moderately or severely food insecure. Policies to support biofuels, organic agriculture, local foods, and small farms and to oppose genetically modified foods all reduce food production on existing land.--leading to higher food prices, increased carbon emissions, and less natural habitat as cropland expands. Richard Sexton is a professor of Agriculture and Resource Economics at UC Davis and author of FOOD FIGHT: Misguied Policies, Supply Challenges and the Impending Struggle to Feed a Hungry World.  

August 14, 2025 ~ Bill Knudson, Department of Agricultural, Food, and Resource Economics, joins Kevin to discuss how half of our farmers are over the retirement age, is our food system at risk?

Experts are saying it's time to get rid of the supply management system. Critics like Stuart Smyth, professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan, say the system drives grocery store prices up, limits competition and makes trade harder. He joins Evan to share some of his latest research about the system and what alternatives Canada could look into + Evan re-opens the phones and asks you..."Should supply management be a thing of the past for Saskatchewan, like Alberta is suggesting?"

What kinds of charges could these protesters potentially face? Plus – Why Bick’s pickles are getting harder to find GUESTS: Mark Mendelson - Newstalk 1010 Crime expert and former homicide detective Monte McGregor - Barrister & Solicitor - Rusonik, O’Connor, Robbins, Ross & Angelini LLP Mike Von Massow - OAC Chair in Food System Leadership and Professor in Food Agriculture and Resource Economics at the University of Guelph

Kyle Diamantas, J.D. is the Deputy Commissioner for Human Foods at the U.S. Food and Drug Administration's (FDA's) Human Foods Program (HFP), where he oversees all FDA nutrition and food safety activities. As FDA's top food executive, Mr. Diamantas sets the strategic direction and operations for food policy in the U.S., while serving as a critical liaison between FDA, the U.S. Department of Health and Human Services (HHS), and the White House. He also represents the agency on food activities and matters in dealings with foreign governments and international organizations. Mr. Diamantas has extensive experience working with various federal and state agencies and policy-makers, scientific organizations, consumer advocacy groups, and industry stakeholders. He has wide-ranging experience on matters spanning regulatory, compliance, investigative, enforcement, rulemaking, and legislation. He holds a J.D. from the University of Florida Levin College of Law and a bachelor's degree in pre-law political science from the University of Central Florida. Conrad Choiniere, Ph.D. is the Director of the Office of Microbiological Food Safety (OMFS) at FDA's HFP. OMFS uses a risk management approach to evaluate and determine priorities that will help reduce the burden of pathogen-related foodborne illness in foods regulated by FDA, leads the development of risk-based policies, provides regulatory oversight, and recommends research priorities related to microbiological food safety. Dr. Choiniere joined FDA in 2003. He has a Ph.D. in Agricultural and Resource Economics from the University of Maryland and a B.S. degree in Chemical Engineering from Johns Hopkins University. In this episode of Food Safety Matters, we speak with Mr. Diamantas and Dr. Choiniere [3:09] about: Mr. Diamantas' background and his responsibilities as Deputy Commissioner for Human Foods, a role that he assumed in February The evolution of Mr. Choiniere's role at FDA since the structural reorganization that led to the creation of the new HFP, and how the OMFS within the HFP works to ensure food safety and protect public health Key issues to be addressed at HFP and potential changes to the program projected for the next 2–3 years Ways in which food safety culture influences the function and operation of the HFP How the HFP contributes to the broader goals of the “Make America Healthy Again” (MAHA) initiative led by HHS Secretary Robert F. Kennedy Jr. Ongoing efforts to collaborate with industry to improve produce safety, and how a food safety culture mindset might affect the way FDA and industry approach produce safety. Resources Reagan-Udall Foundation's ‘Roadmap to Produce Safety' Encourages Private Sector-Led Collaboration We Want to Hear from You! Please send us your questions and suggestions to podcast@food-safety.com

A new report suggests the level of crop losses and waste across the horticulture varied significantly based on produce. Australian Bureau of Agricultural and Resource Economics and Sciences latest crop loss and waste report waste in 2023-24 has fallen by five percent on the previous reporting period, when production was hampered by heavy rainfall and flooding. Mango growers saw the highest levels of crop losses in 2023-24, while pineapples saw the lowest. Rural Editor Emily Minney spoke with Executive Director Jared Greenville about the report's findings.See omnystudio.com/listener for privacy information.

With the August 1 deadline fast approaching, what will Mark Carney do? Plus – Are HART Hubs a good idea now? GUESTS: Alan Kessel - Former legal adviser to Global Affairs Canada Mike Von Massow - OAC Chair in Food System Leadership and Professor in Food Agriculture and Resource Economics at the University of Guelph Peter MacKay - Former Foreign Affairs Minister

Economics is seeing an upsurge in the importance of controlled, reproducible empirical studies. One area where this has had a great impact is on development economics, which studies the economies of low- and middle-income societies. Edward Miguel has been at the forefront of both the revolution in empirical methods, and in applying those techniques to alleviating poverty in sub-Saharan Africa and elsewhere.Blog post with transcript: https://www.preposterousuniverse.com/podcast/2025/06/16/318-edward-miguel-on-the-developing-practice-of-development-economics/Support Mindscape on Patreon.Edward Miguel received his Ph.D. in economics from Harvard university. He is currently Distinguished Professor of Economics and Oxfam Professor in Environmental and Resource Economics at the University of California, Berkeley. He is also Faculty co-Director of the Center for Effective Global Action and a Faculty Research Associate of the National Bureau of Economic Research. Among his awards are the Frisch Medal of the Econometric Society, the Kenneth Arrow Prize of the International Health Economics Association, and multiple teaching awards.Web siteBerkeley web pageGoogle Scholar publicationsWikipediaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today we had the pleasure of hosting our good friend Dr. Ken Medlock, Fellow in Energy and Resource Economics and Senior Director of the Center for Energy Studies at Rice University's Baker Institute. Ken joined the Rice University faculty in 2004 and holds adjunct professor appointments in the Department of Economics and the Department of Civil and Environmental Engineering, in addition to serving as director of the Master of Energy Economics program. He is also a Distinguished Fellow at the Institute of Energy Economics, Japan, and a sought-after voice on Capitol Hill, at OPEC, and in the media. The Baker Institute plays a key role in shaping energy policy debates in both the U.S. and globally and we were thrilled to welcome Ken to hear his latest insights on today's evolving energy landscape. In our discussion, we explore oil market dynamics and pricing, Middle East geopolitical complexity, Kuwait's production expansion plans, U.S. policy, including how recent grant eliminations impact the economics of carbon capture projects, as well as the importance of distinguishing short-term volatility from long-term energy strategy. We review the current state of carbon capture technology, with high costs remaining a significant barrier, the potential long-term opportunity to convert captured CO2 into valuable products, the potential impact of rolling back EPA emission rules on future generation mix, and how strong electricity demand growth will require all types of generation to meet future needs. Ken shares his perspective on the importance and challenges of coordination across U.S. energy agencies, the critical importance of supply chain resilience, how geopolitical risk premiums shape oil markets, and potential market impact if Iran advances its nuclear capabilities. We cover potential disruptions to energy flow through the Strait of Hormuz, the roles of the U.S. and Israel in Middle East tensions, OPEC+'s decision to accelerate production, low global inventories, and the Baker Institute's growth and expansion across ten programs. We also touch on the interconnectedness of energy and other sectors, the need to re-educate on supply chain dynamics, the intersection of energy infrastructure and disaster preparedness, evolving student interest in energy at Rice, and much more. It was a fantastic and wide-ranging conversation spanning many critical aspects of energy today. Mike Bradley kicked off the show by noting that the S&P 500 has rallied back to within 2% of its all-time high, while the S&P 500 Volatility (VIX) is hovering near YTD lows, which is a dangerous combination. U.S. equity markets appear to be largely driven by the ups/downs of Trump's “Big Beautiful Budget Bill” and tariff negotiations. On the bond side, the U.S. 10-year bond yield (4.45%) has traded sideways so far this week, but that could shift quickly given that several key economic reports are on deck this week, which also could go a long way in determining what the FED does at their June 18th FOMC Rate Decision Meeting. From a crude oil market standpoint, WTI price has recently surged to ~$65/bbl which has caught oil traders by surprise. The front-end of the WTI curve is trading in backwardation, while the back end of the curve is in contango, mostly due to a substantial global S/D surplus that's expected beginning in Q4'25. Last week, OPEC+ agreed to raise July production by ~0.4mmbpd (total 3mo production increase of ~1.2mmbpd), but these “stated” production increases are much higher than “actual” barrels that have entered the market, which is beginning to raise questions around OPEC's “real” spare production capacity. He further noted that Canadian wildfires, Iran nuclear deal delays, and the plunge in U.S. oil rig count (~40 rigs) over the last two months have all combined to move WTI price higher. He ended by highlighting that the EIA released its Short-Term Energy Outlook report this week, which forecasted that U.S. cru

Also, What coffee brand is vanishing from Canadian grocery shelves? Where are the biggest price hikes happening? GUEST: Mike Von Massow - OAC Chair in Food System Leadership and Professor in Food Agriculture and Resource Economics at the University of Guelph.Ontario NDP Leader Marit Stiles

[RE-UPLOAD FROM JULY 15, 2020]In this episode, co-hosts Andrea, Kayleigh, and Zsofia have a conversation with Drs. Felicia Wu and David Hennessey, who are professors in the departments of Food Science and Human Nutrition, and Agricultural Food and Resource Economics respectively.You can follow Bug Talk on Instagram and Twitter @bugtalkpodcast, and YouTube @bugtalk6645

Jim talks with one of the members of the band about the revival of “Lay It On The Line” Plus – Can the Leafs get the job done? GUESTS: Mike Levine - bassist and keyboardist for Triumph Mike Von Massow - OAC Chair in Food System Leadership and Professor in Food Agriculture and Resource Economics at the University of Guelph Jeff Marek - host of The Sheet

Canadians could be in for a break at the grocery store for the next couple of months.After food inflation ticked higher in March, a food economist is expecting more stability through the summer months with the next update from Statistics Canada coming on May 20th.Host Kris McCusker speaks to Stuart Smyth, professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan about what is influencing prices - and why it's subject to change. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or @thebigstoryfpn on Twitter

Spring is here, and it's the perfect time to revitalize your space with sustainability in mind! Join Ally Richardson and Aaron Shaha, local permaculturists who dive into Zone 0, sharing their journey, expert insights, and practical resources for greener living in the Pikes Peak region. This episode covers essential topics like energy efficiency, water conservation, food production, waste reduction, and holistic well-being—helping you create a more mindful and regenerative home.Mentioned in this episode: Informative Permaculture Forums can be found at https://Permies.com or reach out with questions to Pikes Peak Permaculture on website at https://pikespeakpermaculture.orgZachary Weiss's Water Stories can be found at https://www.waterstories.comVideo Reviving Rivers with Dr. Rajendra Singh https://www.youtube.com/watch?v=_N9PIBATSFwResearch on Fraudulent Organic Labeling: Giannakas, K. and Yiannaka, A. 2023. Annual Review of Resource Economics. Food Fraud: Causes, Consequences, and Deterrence Strategies. Annu. Rev. Resour. Econ. 15:85–104. https://doi.org/10.1146/annurev-resource-101422-013027Denver Laundry to Landscape:https://www.denvergov.org/files/assets/public/v/1/public-health-and-environment/documents/eq/rules-and-regulations-governing-graywater-treatment-works-2024.pdfRegulation 86- Reg. 86 – Graywater Control from the Colorado Department of Public Health and Environment, Water Quality Control Division. https://cdphe.colorado.gov/water-quality/clean-water/reg-86-graywater-controlVitamin D Boosts from mushrooms! Visit local business Microvora for all your gourmet mushrooms, microgreens, and more. Questions or Wholesale Inquiries - Contact via email at hello@microvora.com. Storefront Open Daily from 10AM-6PM in Colorado Springs at 3685 S U.S. Hwy 85 87 Suite 2.Resources for Household Waste: Galvanize Recycling Services: https://www.galvanizerecycling.com/services/The El Paso County Household Hazardous Waste Facility (HHWF) is located at 3255 Akers Dr. Colorado Springs, 80922For more information about what is accepted, please visit: https://communityservices.elpasoco.com/household-hazardous-waste/ Thanks to these Peak Environment sponsors:Pikes Peak PermacultureVisit https://pikespeakpermaculture.org for opportunities to learn more about sustainable organic living through permaculture – workshops, classes, field trips, and networking.Old Town Bike Shop – your local bike shop since 1976

When you think of the phrase “nuclear power” what comes to mind for you? Perhaps some of the notable catastrophic accidents that were caused from malfunctions at nuclear power plants like Chernobyl or Three Mile Island? Although nuclear power carries some risks, some are saying it’s one of the most reliable ways we have to generate electricity. Today, we are going atomic and diving into the world of nuclear power, including taking a look at what this looks like in our state. What questions do you have about going nuclear? GUESTS: John Moritz: covers energy and environment for CT Mirror Erik Katovich: Assistant Professor of Environmental and Resource Economics at the University of Connecticut Ivan Penn: New York Times reporter covering the energy industry Support the show: http://wnpr.org/donateSee omnystudio.com/listener for privacy information.

  Over the past few decades, one of North Carolina's best known and most prolific economists has been Prof. Mike Walden. Walden, the Reynolds Distinguished Professor Emeritus of Agricultural and Resource Economics at NC State University, is an outspoken champion of free markets and a longtime regular contributor to the pages of the conservative John […]

Stuart Smyth, Professor in the Department of Agricultural and Resource Economics at the University of Saskatchewan For more of the Shaye Ganam Show, subscribe to the podcast. https://globalnews.ca/calgary/program/shaye-ganam/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Agriculture remains a key sector of the economies of most Southeast Asian countries. It is supposed to provide nutritious, affordable, accessible and safe food to the people of SE Asia, and livelihood to more than 400 million farmers across the region. How is agriculture affected by climate change, and how can farmers cope with it? What is the relationship between farming and renewable energy installations, which require large land areas to be developed and thus encroach on agriculture? How to best manage water resources needed for farming, but threatened by climate change, and by pollution that often comes from farming? To discuss the challenges posed by climate change, the role of adaptation, food safety issues, and the importance of effective institutions and policies in supporting and guiding agriculture in Southeast Asia, Tiho Ancev, Professor in Agricultural and Resource Economics at the School of Economics, USYD, joins the podcast. He is SSEAC's Vietnam Country Convenor, a member of SSEAC's executive, and member of the executive of Sydney Vietnam Academic Network (SVAN). His research interests are in the economics of climate change, the economics of agricultural policy, and the economics of water, energy, and the environment Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Agriculture remains a key sector of the economies of most Southeast Asian countries. It is supposed to provide nutritious, affordable, accessible and safe food to the people of SE Asia, and livelihood to more than 400 million farmers across the region. How is agriculture affected by climate change, and how can farmers cope with it? What is the relationship between farming and renewable energy installations, which require large land areas to be developed and thus encroach on agriculture? How to best manage water resources needed for farming, but threatened by climate change, and by pollution that often comes from farming? To discuss the challenges posed by climate change, the role of adaptation, food safety issues, and the importance of effective institutions and policies in supporting and guiding agriculture in Southeast Asia, Tiho Ancev, Professor in Agricultural and Resource Economics at the School of Economics, USYD, joins the podcast. He is SSEAC's Vietnam Country Convenor, a member of SSEAC's executive, and member of the executive of Sydney Vietnam Academic Network (SVAN). His research interests are in the economics of climate change, the economics of agricultural policy, and the economics of water, energy, and the environment Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/southeast-asian-studies

Agriculture remains a key sector of the economies of most Southeast Asian countries. It is supposed to provide nutritious, affordable, accessible and safe food to the people of SE Asia, and livelihood to more than 400 million farmers across the region. How is agriculture affected by climate change, and how can farmers cope with it? What is the relationship between farming and renewable energy installations, which require large land areas to be developed and thus encroach on agriculture? How to best manage water resources needed for farming, but threatened by climate change, and by pollution that often comes from farming? To discuss the challenges posed by climate change, the role of adaptation, food safety issues, and the importance of effective institutions and policies in supporting and guiding agriculture in Southeast Asia, Tiho Ancev, Professor in Agricultural and Resource Economics at the School of Economics, USYD, joins the podcast. He is SSEAC's Vietnam Country Convenor, a member of SSEAC's executive, and member of the executive of Sydney Vietnam Academic Network (SVAN). His research interests are in the economics of climate change, the economics of agricultural policy, and the economics of water, energy, and the environment

Agriculture remains a key sector of the economies of most Southeast Asian countries. It is supposed to provide nutritious, affordable, accessible and safe food to the people of SE Asia, and livelihood to more than 400 million farmers across the region. How is agriculture affected by climate change, and how can farmers cope with it? What is the relationship between farming and renewable energy installations, which require large land areas to be developed and thus encroach on agriculture? How to best manage water resources needed for farming, but threatened by climate change, and by pollution that often comes from farming? To discuss the challenges posed by climate change, the role of adaptation, food safety issues, and the importance of effective institutions and policies in supporting and guiding agriculture in Southeast Asia, Tiho Ancev, Professor in Agricultural and Resource Economics at the School of Economics, USYD, joins the podcast. He is SSEAC's Vietnam Country Convenor, a member of SSEAC's executive, and member of the executive of Sydney Vietnam Academic Network (SVAN). His research interests are in the economics of climate change, the economics of agricultural policy, and the economics of water, energy, and the environment Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In the last two decades, China has made big commitments to renewable energy — and it's delivered. Last year, China installed more solar panels than the U.S. has in its history.  Solar panel exports increased 38%, and lower prices have all but killed solar manufacturing in the U.S. and EU. Chinese company BYD recently surpassed Tesla as the world's largest EV maker — with cars at just a fraction of the cost. This has leaders in the West fretting about competition, but isn't this good news for the planet? How do we balance competition with global climate progress? Guests:  Emily Feng, International Correspondent, NPR Alex Wang, Professor, UCLA School of Law; Co-Director; Emmett Institute on Climate Change and the Environment James Sallee, Professor, Resource Economics, University of California, Berkeley

In the last two decades, China has made big commitments to renewable energy — and it's delivered. Last year, China installed more solar panels than the U.S. has in its history.  Solar panel exports increased 38%, and lower prices have all but killed solar manufacturing in the U.S. and EU. Chinese company BYD recently surpassed Tesla as the world's largest EV maker — with cars at just a fraction of the cost. This has leaders in the West fretting about competition, but isn't this good news for the planet? How do we balance competition with global climate progress? Guests:  Emily Feng, International Correspondent, NPR Alex Wang, Professor, UCLA School of Law; Co-Director; Emmett Institute on Climate Change and the Environment James Sallee, Professor, Resource Economics, University of California, Berkeley

The use of economy-wide and integrated assessment modeling to better understand climate change impacts and policy was the focus of discussion in the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program” featuring Karen Fisher-Vanden, the Distinguished Professor of Environmental and Resource Economics and Public Policy at Pennsylvania State University. Read a transcript of the podcast: https://www.belfercenter.org/sites/default/files/2024-10/karen-fisher-vanden-podcast-transcript.pdf.

Philip Martin and Alan Gamlen join Democracy Sausage to talk migration – the politics, narratives and possible solutions. From international student caps to housing, many areas of policy are connected to migration. But what is driving our increasing isolationism post-pandemic – economic factors or powerful narratives about being left behind? How can we adjust our international governance of migration to meet humanitarian needs? And is it possible to manage migration from the middle ground and avoid knee-jerk policies? On this episode of Democracy Sausage, Emeritus Professor Philip Martin and Professor Alan Gamlen join Professor Mark Kenny to talk about dealing with the complex problems of migration and its impacts. Alan Gamlen is the Director of the Migration Hub at the ANU School of Regulation and Global Governance. Philip Martin is Professor Emeritus of Agricultural and Resource Economics at University of California, Davis. He edits Rural Migration News, has served on several US federal commissions, worked on UN agencies and testifies frequently before Congress on labour and migration issues. Mark Kenny is the Director of the ANU Australian Studies Institute. He came to the University after a high-profile journalistic career including six years as chief political correspondent and national affairs editor for The Sydney Morning Herald, The Age and The Canberra Times. Democracy Sausage with Mark Kenny is available on Apple Podcasts, Spotify, Pocket Casts, Google Podcasts or wherever you get your podcasts. We'd love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to democracysausage@anu.edu.au. This podcast is produced by The Australian National University. Hosted on Acast. See acast.com/privacy for more information.

  Discover the secrets to successful Adaptive Reuse in Urban Development in this enlightening webinar. Experts will guide you through the essential aspects of this innovative approach, highlighting embodied carbon, financial strategies, community enhancement, strategic planning, and navigating project limitations. Dive into the world of adaptive reuse, where we balance heritage preservation with modern urban needs. What You Will Learn: Learn about reducing environmental footprints and enhancing sustainability through adaptive reuse of existing structures. Explore the strategic planning and flexibility of adaptive reuse for sustainable urban development. Discover the financial and community revitalization benefits of adaptive reuse in urban areas. Understand the challenges and limitations in adaptive reuse, including legal, structural, and financial factors. Bryce Gerritsen is a member of the Sustainability Consulting Team at Sustainable Investment Group (SIG) as a full-time Sustainability Consultant. In this role, Bryce oversees and manages multiple projects related to sustainable and healthy buildings for commercial real estate clients.   Education Bryce holds a MS in Agricultural and Resource Economics from University of California – Davis and a BS in Environmental Economics and Policy from Oregon State University. His academic studies focused on measuring resource and environmental impact, economic analysis of resource and environmental policies, and ecosystem services valuation. While at OSU, Bryce worked with a multidisciplinary team as part of the EPA's P3 Sustainability Grant Competition to develop a web application for enhancing residential green infrastructure and community-based environmental management.   Experience Bryce has worked with more than 50 organizations from a wide range of industries, both private and civil, to integrate sustainability into their processes and develop 5-year sustainability action plans. These plans have saved the organizations more than 56M kWh and $7.8M annually.   Interests Bryce is most at home in the outdoors where he loves to spend time with the family hiking, camping, and spotting wildlife. When not in the mountains you will usually find him wrenching on a car.   Monte Hilleman, comes to us as an expert in the green building industry with over 25 years of experience and a strong reputation for credible and authentic urban development that maintains the vitality and sustainability of urban spaces. Monte has built his legacy at the forefront of developing and advancing ESG goals to create social, ecological and economic transformation.    Monte's leadership and experience in equitable economic and community development, including real estate transactions and finance, renewable energy infrastructure, workforce development, and sustainable urban design and development, is leading the industry towards a regenerative and equitable future. Trish Matthews, Principal at Matthews Design Group: MBA-HR LEED/ WELL AP/ FitWel/ RESET. Matthews Design Group Inc. is a niche firm focused on Human-Centered Sustainable Design. MDG advises developers/ building projects on healthy building certifications and rating systems, sourcing and securing green initiatives and grants.   We believe that buildings are the first line of defense against illness, both mental and physical. Our approach is focused exclusively on the ways that buildings, and everything in them, can improve our comfort, drive better choices, and enhance, rather than compromise, occupant health, and wellness.   We support our clients by implementing standards or certifications that put health first in the built environment.   MDG is proud to be part of the global movement to transform our buildings and communities in ways that help people thrive. We believe in People above all.   Show Highlights   Green financing tools to promote sustainable practices and funding opportunities in the industry.  Community impact and wellness, promoting concepts for occupants' health in repurposed spaces. Trends in regulatory frameworks, highlighting the need for stakeholder collaboration for successful implementation of sustainable strategies in adaptive reuse initiatives. Discussion on unlocking the potential of adaptive reuse and urban development with a focus on sustainability. Challenges in urban development and the importance of sustainable growth and cultural heritage preservation. Importance of prioritizing energy, transport, materials, and engaging the design team early in adaptive reuse projects. Overview of the green financing feasibility snapshot and its impact on project valuation. Community resilience and revitalizing communities through green building concepts. Case studies and their impact on community well-being.   “Adaptive reuse helps with the BD+C credit site development through protection of existing vegetated areas and habitats. It helps us meet the fundamental commissioning and verification prerequisite by optimizing existing systems for efficient performance. Adaptive reuse can earn us LEED points through the following materials and resource credits: building life cycle impact reduction sourcing of raw materials and construction and demolition waste management LEED recognizes the creativity and forward thinking approach required for adaptive reuse projects. We can earn innovation points for energy efficiency, materials reuse, historic preservation, community impact, flexibility and adaptability, and collaboration.” -Bryce     Show Resource and Information Connect with Charlie Cichetti and GBES   GBES is excited our membership community is growing. Consider joining our membership community as members are given access to some of the guests on the podcasts that you can ask project questions. If you are preparing for an exam, there will be more assurance that you will pass your next exam, you will be given cliff notes if you are a member, and so much more. Go to to learn more about the 4 different levels of access to this one-of-a-kind career-advancing green building community!   If you truly enjoyed the show, don't forget to leave a positive rating and review on .  We have prepared more episodes for the upcoming weeks, so come by again next week! Thank you for tuning in to the !   Copyright © 2024 GBES  

Join John Houston and special guest Charley Martinez, Assistant Professor in the Department of Agricultural and Resource Economics at UTIA, on the June edition of the Feed Bin. They'll explore the critical issue of agricultural, farm, and forest land loss, shedding light on ongoing research efforts. Curious about the extent of farmland lost? Visit https://farmmanagement.tennessee.edu/land-loss/ to learn more about the farmland loss in your area. From 2017 to 2022, there has been a loss of nearly half a million acres of land. Martinez provides an update on the numbers that UTIA is gathering and discusses what it means for the future of agriculture in Tennessee.

A Center for Immigration Studies report and companion podcast episode, “Can U.S. Farm Workers be Replaced by Machines? Mechanizing Fruit and Vegetable Production,” provide historical context as well as analysis of current challenges and prospects for farm labor and mechanization. Both the report and the discussion explain the options available to replace U.S. farm workers - machines, H-2A guestworkers, and imports.The report outlines how rising labor costs have historically driven the adoption of mechanization in agriculture. It traces the evolution of farm mechanization, from the end of the Bracero program in the 1960s to the present day, highlighting pivotal moments such as the enactment of the Immigration and Control Act of 1986 (IRCA). IRCA supporters promised that legalized farm workers would demand higher wages, and that farm employers would have to raise wages and improve working conditions to retain legalized workers or hire H-2A guestworkers. But this did not happen, partly due to massive fraud.Philip Martin, professor emeritus of Agricultural and Resource Economics at the University of California at Davis and author of the report, discusses how once legalized the workers left the fields for other employment and were replaced by new illegal workers. Since the passing of IRCA, which legalized more than one million illegal farm workers, the debate over the pay and work conditions of those in the fields and the role of mechanization has persisted.Martin emphasizes the pivotal role of government policies in impacting the growth of mechanization through labor-saving research, the cost of farm workers, and imports. The Farm Workforce Modernization Act (FWMA), approved by the U.S. House in March 2021 and re-introduced in July 2023, is the most recent legislation debated and repeats the IRCA bargain – legalization of illegal farmworkers for easier access to H-2A guestworkers.There is a race between labor-saving machines and migrant H-2A workers playing out amidst rising imports. Higher labor costs accelerate investments in machines to replace workers and spur government and private efforts to develop new farming systems, biological and engineering breakthroughs, and supply chain adjustments to accelerate labor-saving mechanization.Martin stresses, “Research, migration, and trade policies will help to determine whether workers or machines pick U.S. apples and oranges in 2030.”In his closing commentary, Mark Krikorian, the Center's executive director and podcast host, highlights President Biden's false claim that he does not have the authority to control the border and action from Congress is required. Political vulnerability is now forcing him to control the massive numbers entering the country.HostMark Krikorian is the Executive Director of the Center for Immigration Studies.GuestPhilip Martin is Professor Emeritus of Agricultural and Resource Economics at the University of California at Davis.RelatedCan U.S. Farm Workers Be Replaced By Machines?Bracero 2.0: Mexican Workers in North American AgricultureBiden's New Border Plan Shows ‘I Can't Do Anything' Was Always A LieFollowFollow Parsing Immigration Policy on Ricochet, Apple Podcasts, Amazon Music, Spotify, Stitcher, Google Podcasts.Intro MontageVoices in the opening montage:Sen. Barack Obama at a 2005 press conference.Sen. John McCain in a 2010 election ad.President Lyndon Johnson, upon signing the 1965 Immigration Act.Booker T. Washington, reading in 1908 from his 1895 Atlanta Exposition speech.Laraine Newman as a "Conehead" on SNL in 1977.Hillary Clinton in a 2003 radio interview.Cesar Chavez in a 1974 interview.House Speaker Nancy Pelosi speaking to reporters in 2019.Prof. George Borjas in a 2016 C-SPAN appearance.Sen. Jeff Sessions in 2008 comments on the Senate floor.Charlton Heston in "Planet of the Apes".

Taylor Chalstrom sits down with Brittney Goodrich, assistant professor of cooperative extension in the Dept. of Agricultural and Resource Economics at UC Davis, to discuss the 2024 almond pollination season outlook, how to cut pollination expenses and other considerations.

Before you open your next electricity bill, you might want to brace yourself. PG&E is hiking their rates starting this month, and this one is historic. Bills for the average household are expected to jump $34.50 a month and there could be more rate hikes on the horizon. The increase will fund projects addressing wildfire mitigation, especially an unprecedented attempt to bury power lines in high-risk areas. After the new rate hike, PG&E rates will have doubled over the last 10 years. Is all the new work necessary? Is sticking ratepayers with the bill the only option? We'll talk with energy and utility experts about what this move means for PG&E and for the rest of us. Guests: Katherine Blunt, energy reporter, Wall Street Journal. Her recent book is "California Burning: The Fall of Pacific Gas and Electric—And What It Means for America's Power Grid." Meredith Fowlie, professor, UC Berkeley Department of Agricultural and Resource Economics; faculty director at the Energy Institute at Haas Mark Toney, executive director, The Utility Reform Network

Sarah Day Levesque is the Founder and Managing Director of RFSI – Regenerative Food Systems Investment – and has spent more than 15 years working to connect agriculture and food systems stakeholders to the information and networks they need to be successful. For the past six years, Sarah has worked closely with a community of ecological farmers in her role leading the development and execution of educational and event experiences at Acres USA. In late 2018, Sarah started Regenerative Food Systems Investment to address to address a lack of attention, awareness, and capital being given to investment opportunities in regenerative agriculture and food.  Before joining Acres USA in late 2016, Sarah spent a decade in agricultural media, where she played a key role in the development of successful event and media brands, including Women in Agribusiness and Organic & Non-GMO Forum, and also served as Editor-in-Chief of Global AgInvesting Media. Sarah holds an M.S. in Agriculture and Resource Economics and an M.S. in International Agricultural Development from University of California, Davis. When she's not working, you can find her running, hiking, coaching youth basketball, or playing ball with her family. Links: RFSI Forum 2023 (Use code THEMODERNACRE at checkout for 10% off!) Sarah on LinkedIn Rate & Review the NEW Spotify Feed Join the fitness challenge on Twitter Sponsor: This episode is presented by DPH Biologicals. Learn more at DPHBio.com. Check out Mick's e

Find out how Calgary is leading the agribusiness revolution: www.CalgaryAgbusiness.comSubscribe to Ag Data News: https://agdatanews.substack.com/Aaron Smith Website: https://asmith.ucdavis.edu/Ag Data: Where Do I Find It?: https://asmith.ucdavis.edu/data/ag-data-where-do-i-find-itThe Artificial Intelligence Institute for Next Generation Food Systems: https://aifs.ucdavis.edu/Alberta Veterinary Laboratories / Solvet: https://solvet.ca/today's episode features Dr. Aaron Smith. Aaron's newsletter, which I highly recommend, covers a wide range of food and ag topics, so fittingly, we cover several in today's episode as well. I have learned a lot from reading Aaron's work, and I appreciate his approach as a data-driven teacher and communicator. Certainly part of my motivation to get him on the show was selfish, because this is an area I want to improve in as well. I'm only half-joking when I say it's selfish, because I do think this is an area all of us will benefit from improving in. Aaron and I discuss increasing the accessibility of ag data, some basic research skills, his approach to ag data news, and how the data has informed some of his thoughts on topics ranging from biofuels to carbon sequestration to pineapple production and beyond. Some more about Aaron: he is the DeLoach Professor of Agricultural and Resource Economics at the University of California, Davis, where he has been since 2001. Originally from New Zealand, he earned his PhD in Economics from the University of California, San Diego. His research addresses policy, trading and price dynamics in agricultural, energy, and financial markets. He has over 50 publications in refereed journals, and he has been recognized with a multitude of awards and achievements which I won't list here, but trust me it is impressive.. Aaron is also the cluster lead for socioeconomics and ethics in the AI Institute for the Food System (AIFS) and a co-director of the Center for Data Science and Artificial Intelligence Research (CeDAR).Make sure you stay tuned to the end of today's episode for a spotlight of Calgary-based Alberta Veterinary Laboratories / Solvet with their CEO Lionel Gibbs.