World Perspectives

Silly International Bureaucrat

UN Secretary General António Guterres has called fossil fuel firms the “grandfathers of climate chaos” and argues that advertising limits like those imposed on tobacco should be applied to the fossil fuel industry as well. Unlike tobacco, energy is a demand inelastic necessity. Consumers do not buy gasoline because of a commercial, they buy gas because they need it and choose from amongst different suppliers. Under his logic, stopping defense contractors from advertising will end war, and increasing food commercials will stop hunger.  Guterres probably expects newly elected Mexican President Claudia Sheinbaum to stop her countries oil production since she is a climate scientist. But the policies that have caused Mex...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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