Economic Development

Gerard Van der Leun photo / Flickr via Compfight

The Arctic is getting hotter faster than any part of the globe. Experts predict the region will be free of sea ice during the summer within about 20 years. 

That’s creating a gold-rush mentality among many shipping and energy companies eager to capitalize on new trade routes or tap new sources of oil and gas.

EJP Photo / Flickr via Compfight

In the city of Anacortes, plans are underway to build what might become the biggest beverage bottling plant in the country.

Some residents are worried the scale of the operation will ruin their quality of life and put undue strain on the area’s water supply. Skagit County is considering a zoning change tonight to make room for the plant - and activists are planning to turn out against it.

jdnx / Flickr

A record number of cruise ship passengers shoved off from Port of Seattle this year, according to Port officials. Hitting a new height of 933,900 passengers aboard 202 ships. Each of those ships generates $2.1 million for the local economy, according to the consulting firm Martin Associates, including everything from taxes to tourism to stocking the galley.

A federal judge is hearing arguments Tuesday over whether to stop the federal government from issuing flood insurance policies for new development in flood-prone areas around Puget Sound.

Plans to upgrade a dilapidated old race track near Kent are sparking an environmental debate. The owners of Pacific Raceways say that to stay afloat, they badly need an expansion that would bring thousands of new jobs to the area. 

Neighbors are worried about impacts on surrounding wetlands and fish habitat, especially because they say special legislation King County is considering to facilitate the expansion may set a bad precedent.

Flickr/Chris Guillebeau

How should we measure societal progress and success?  What is the economy really for?  Is the measure of Gross National Happiness, championed by the tiny south Asian nation of Bhutan, superior to our Gross Domestic Product?  How has Seattle become one of the centers in the U. S. pursuing such alternative measures?

Exterior of a small independent business in Port Townsend, Forest Gems Gallery
Courtesy of Forest Gems Gallery

You’ve heard of Black Friday, Buy Nothing Day and Cyber Monday. Now there’s another post-Thanksgiving shopping event.  Small Business Saturday is a new initiative, meant to give independent shops a boost.