mark hertsgaard

Independent Journalist & Author

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Monopoly Power

by Mark HertsgaardMarketplace, Jul 26, 2005 Not many people, when they look back at the Enron scandal, say, “That was fun, let’s do it again sometime.” <!–more–> But that’s what Congress is saying this week. Inside the energy bill being readied for President Bush is a repeal of the Public Utilities Holding Company Act. The name isn’t sexy, Pook-ka for short, but this law helps keep the lights on in households across America. It empowers the federal government to regulate the ownership of electric utilities. Pooh-ka was passed in 1935 to enhance competition and prevent a repeat of the merger mania of the 1920s. That’s when three giant holding companies gained control of half of America’s electric utilities and raided their revenues to finance risky outside… Read more

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Peak Oil Coming

by Mark HertsgaardMarketplace, Jun 24, 2005 A long view on oil from Marketplace commentator Mark Hertsgaard. (Mark Hertsgaard) It used to be, only environmentalists and conspiracy nuts warned about the world running out of oil. Not anymore. <!–more–> A growing number of industry insiders now admit that the earth’s oil is finite; scarcities and skyrocketing prices are imminent; and our governments and economies are utterly unprepared for the chaos ahead. The insiders include Matthew Simmons, an investment analyst who’s briefed President Bush, and Exxon-Mobil, which recently projected— without issuing press releases—that non-OPEC production will peak by 2010. Peak oil is the key phrase. The earth is… Read more

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Greenwashers celebrate Earth Day

by Mark HertsgaardMarketplace, Apr 22, 2005 Happy Earth Day! Thirty-five years the green movement created the holiday, environmentalists cite huge victories like passage of the Clean Air Act, the Clean Water Act, and the Endangered Species Act. And corporations aren’t shy about how much they’ve done to help. But have they really? Commentator Mark Hertsgaard chimes in. <!–more–> (Mark Hertsgaard) Like daffodils announcing that spring is here, America’s newspapers sprout full-page ads every Earth Day extolling how wonderfully corporations are taking care of the environment. This year, General Motors is bragging about hydrogen cars. Exxon-Mobil, about energy conservation. Never mind that in the real world, GM and Exxon-Mobil have been two of the biggest obstacles to tackling… Read more

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Fighting over a nation’s safety

by Mark HertsgaardMarketplace, Sep 29, 2004 (Host intro) Bills on how to beef up the nation’s security are moving through Congress. The White House has submitted its own draft in the wake of the 911 commission’s report on how to keep the nation safe. As lawmakers in Washington debate how to protect against future attacks, commentator and writer Mark Hertsgaard says they are ignoring the most cost-effective tool available. <!–more–> (Mark Hertsgaard) “Listen my children and you shall hear of the midnight ride of Paul Revere.” So begins the poem by Henry Wadsworth Longfellow about the patriot who warned American revolutionaries the British were coming. As they’re jockeying over whether to pass the 9/11 Commission reforms, Congress and the President should re-read that… Read more

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China pumps diesel and gasoline prices

by Mark HertsgaardMarketplace, Aug 24, 2004 (Host intro) For the first time since May, China is about to hike prices for diesel and gasoline. Though Beijing is pretty heavy handed when it comes to price controls, this move just goes to show that not even a state-run economy can insulate itself from world markets. Commentator and writer Mark Hertsgaard thinks China — and the rest of the world for that matter — can learn a lesson or two from this. <!–more–> (Mark Hertsgaard): Double-digit annual growth rates have lifted millions of Chinese out of absolute poverty and created a middle class larger than entire European nations. But a time bomb is ticking inside China that threatens to undo all this. Worse, the… Read more

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World Bank, Meet the Environment

by Mark HertsgaardMarketplace, Apr 22, 2004 (Host intro) As the World Bank holds its bi-annual meetings this weekend in Washington, it faces a momentous decision: whether to accept an official recommendation to stop financing oil and coal projects in Third World countries. Commentator Mark Hertsgaard says the World Bank has the chance to lead an energy revolution, and not a moment too soon. <!–more–> (Mark Hertsgaard) In dollar terms, the World Bank provides only a fraction of the funding for coal and oil projects. Yet its influence is immense. That’s because private corporations see the Bank’s stamp of approval as a guarantee their own investments will be safe. So if the Bank pulls out, many coal and oil projects probably won’t happen. Activists are hoping for… Read more

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Latest Book

HOT

By now, almost everyone knows what Edward Snowden did: leak top secret documents revealing that the US government was spying on hundreds of millions of people around the world. But if you want to know why Snowden did it, the way he did it, you need to know the stories of two other men.


The first is Thomas Drake, who blew the whistle on the very same surveillance ten years before Snowden did and got crushed. The other is The Third Man, a former senior Pentagon official who comes forward in this book for the first time to describe how his superiors repeatedly broke the law to punish Drakeā€”and unwittingly taught Snowden how to evade their clutches.


Pick up your copy at:
Amazon.com | Barnes & Noble

About Mark

Independent journalist Mark Hertsgaard is the author of seven books that have been translated into sixteen languages, including Bravehearts: Whistle Blowing in the Age of Snowden; HOT: Living Through the Next Fifty Years on Earth; and A Day in the Life: The Music and Artistry of the Beatles. He has reported from twenty-five countries about politics, culture and the environment for leading outlets, including The Guardian, Der Spiegel, Vanity Fair, The New Yorker, Time, Mother Jones, NPR, the BBC and The Nation, where is the environment correspondent. He lives in San Francisco.

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