LIVING WITH COVID VARIANTS—BOTH LONG-LASTING AND MORE MINI-CYCLES The economic outlook for 2022 and its future path depends, in part, on the likelihood of unpredictable breakouts of new covid strains such as Delta and Omicron. Such outbreaks will lead to more mini-cycles. At the same time, we continue to live with the impact from earlier …

Economics of Renewable Energy Generation More Than Regulations Speed the Shift After quickly reinstating stricter environmental regulations, the Biden administration will likely propose to bring renewable electric generation up to an estimated 80% of power generation by 2035. That would compare to 17% today. Many observers predict that realistically such goals will more likely be …

Virus Third Wave Unlike more regional virus waves during the spring and summer, the present third wave impacts the country as a whole. Past experience shows the U.S. seems to lag western Europe virus activity by 3-4 weeks. With confirmed case growth beginning to decline in Western Europe, the U.S. will hopefully experience a similar …