A resource for journalists, politicians, policy makers, activists and citizens interested in climate change and the environmental emergency
How expensive the climate change is ? - interview with prof. Anders Levermann
2024-05-13 (or before) in YouTubeThe recent research published in Nature revealed that climate change can cost the world even 19% of income cut till 2049. But those are rather conservative e...
Tagged under: Climate Change Impacts | Economics
Steve Keen explains: Everything wrong with Neoclassical climate economics
2024-04-18 (or before) in YouTubeSteve Keen Joins us at the University of Sussex to talk about the flaws of Neoclassical climate economics.
Tagged under: Climate Change | Economics
Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable
2024-03-12 in FortuneHousing and auto insurance costs are soaring because of climate change and more expensive car parts, says Fed Chairman Jerome Powell.
Tagged under: USA | Economics | Climate Change Impacts | Insurance
Why the world cannot afford the rich
2024-03-12 in NatureEquality is essential for sustainability. The science is clear — people in more-equal societies are more trusting and more likely to protect the environment than are those in unequal, consumer-driven ones. Equality is essential for sustainability. The science is clear — people in more-equal societies are more trusting and more likely to protect the environment than are those in unequal, consumer-driven ones.
Tagged under: Economics | Consumption | Capitalism | Sustainability
Food Supplies Threatened in Southern Africa After Driest February on Record - Bloomberg
2024-03-08 in BloombergZambia has declared protracted dry spell a national disaster as price of staple food surges.
Tagged under: Climate Change Impacts | Drought | Agriculture | Zimbabwe | Africa | Economics
Measuring the Doughnut: A good life for all is possible within planetary boundaries
2024-03-05 (or before) in ScienceDirect.comHumanity is continuing a path towards ecological instability. While resource consumption is unprecedented, significant parts of the human population a…
Tagged under: Climate Justice | Economics
Financial toll of climate crisis hitting women harder, UN says
2024-03-05 in The GuardianRural households led by women lose about 8% more income to heat stress than male-led families, data shows
Tagged under: Extreme Heat | Economics | Climate Change Impacts | Women and Children
How to 'decouple' emissions from economic growth? These economists say you can't.
2024-03-04 by in Grist.org: Climate. Justice. Solutions.At least, not fast enough to reach international climate targets.
Tagged under: Degrowth | Economics
Defeated
2024-03-01 in Collapse 2050Let's collectively wind down what we all know is a waste of our lives. After all, 10 years of real living beats 30 years of pointless monotony.
Tagged under: Collapse | Economics
Energy Costs: The Price Of Power - Master Investor
2024-02-23 in Master InvestorCountries with lower energy costs are more competitive, says Victor Hill.
Tagged under: Economics
To get to net zero, we may have to sell off the UK’s future
2024-01-27 in The GuardianThe cost of decarbonising is vast. Something like the privatisations of the 80s may be needed to raise enough funds
Tagged under: Net Zero | Economics
World scientists’ warning: The behavioural crisis driving ecological overshoot - Joseph J Merz, Phoebe Barnard, William E Rees, Dane Smith, Mat Maroni, Christopher J Rhodes, Julia H Dederer, Nandita Bajaj, Michael K Joy, Thomas Wiedmann, Rory Sutherland, 2023
2024-01-18 (or before) in Sage JournalsPreviously, anthropogenic ecological overshoot has been identified as a fundamental cause of the myriad symptoms we see around the globe today from biodiversity...
Tagged under: Economics
‘We can’t pretend the ecological crisis is separate’: the economist thinking differently about climate breakdown
2024-01-10 in The GuardianJames Meadway, once a Labour adviser and now a podcast host, says the separation between climate and economy has to end
Tagged under: Economics | Economic Growth | Finance
James Robertson obituary
2023-12-06 in The GuardianWriter, thinker and champion of green economics, monetary reform and new ways of looking at employment
Tagged under: Economics
Climate crisis and energy costs fuel £600 rise in UK household food bill, analysis finds
2023-11-27 in The GuardianExtreme weather contributing one-third of all food price inflation with worse to come in 2024, warn climate researchers
Tagged under: Economics
UK spends more financing inequality in favour of rich than rest of Europe, report finds
2023-11-27 in The GuardianInequalities of income, wealth and power cost UK £106.2bn a year compared with average developed OECD country
Tagged under: Health | Economics
Giant batteries drain economics of gas power plants
2023-11-21 in YahooGiant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation world-wide. The long-term economics of gas-fired plants, used in Europe and some parts of the United States primarily to compensate for the intermittent nature of wind and solar power, are changing quickly, according to Reuters' interviews with more than a dozen power plant developers, project finance bankers, analysts and consultants. They said some battery operators are already supplying back-up power to grids at a price competitive with...
Tagged under: Renewable Energy | Solar Energy | Economics | Wind Power | Electricity Grid | Finance
Climate change models based on grossly wrong interpretation of economic stakes
2023-11-19 by in Irish ExaminerTagged under: Economics
Fed Chair Powell is ignoring the greatest threat to our economy: climate risk
2023-11-17 in The HillGiven that there is no bigger threat to the stability of our economy than climate change, we hoped he would address our concerns.
Tagged under: Economics
Maria Powell: Madison's long history of racist planning and development
2023-11-14 (or before) by in The Capital Times: Madison WI NewsFlying in the face of its stated commitment to racial equity and social justice, Madison is as racist and classist as less “progressive” cities — and when it comes to
Tagged under: Economics | Housing | Finance
NuScale Cancels Small Nuclear Reactor Power Plant in Utah as Costs Climb - Bloomberg
2023-11-10 (or before) in BloombergNuScale Power Corp., the first company with US approval for a small nuclear reactor design, is canceling plans to build a power plant for a Utah provider as costs surge. The move is a major setback to the burgeoning technology that has been heralded as the next era for atomic energy.
Tagged under: Nuclear Power | Economics
When Idiot Savants Do Climate Economics
2023-10-29 by in The InterceptHow an elite clique of math-addled economists hijacked climate policy.
Tagged under: Economics
How Climate Change Affects Water Markets Globally
2023-10-18 in BloombergMore extreme weather is reshaping the availability of water, a commodity embedded in almost every product bought and sold in international markets
Tagged under: Drought | Economics | Climate Change Impacts | Water Resources | Rivers
As climate risks mount, the insurance safety net is collapsing
2023-10-10 by in Grist.org: Climate. Justice. Solutions.Natural disasters now cost the U.S. insurance industry $100 billion a year. What happens when no one wants to pick up the tab?
Tagged under: Economics | Insurance
a world safe for spending
2023-10-06 in Tanja SailThe IMF’s key argument is that greater spending will not generate greater growth. This kind of macroeconomics is no fun because there’s no reason it needs to be true.
Tagged under: Economic Growth | Economics
Ecological Macroeconomics | Book chapter by Peter Victor in Elgar Encyclopedia of Ecological Economics
2023-09-28 in CUSP | Centre for the Understanding of Sustainable ProsperityThis account of ecological macroeconomics begins with its origins, including the development of some of its defining components by key contributors, followed by an overview of recent research in ec…
Tagged under: Economics
World Bank spent billions of dollars backing fossil fuels in 2022, study finds
2023-09-12 in The GuardianCampaigners estimate about $3.7bn in trade finance was supplied to oil and gas projects despite bank’s green pledges
Tagged under: Economics | Fossil Fuels | Finance
Income-based U.S. household carbon footprints (1990–2019) offer new insights on emissions inequality and climate finance
2023-08-30 (or before) in PLOS - Open ScienceCurrent policies to reduce greenhouse gas (GHG) emissions and increase adaptation and mitigation funding are insufficient to limit global temperature rise to 1.5°C. It is clear that further action is needed to avoid the worst impacts of climate change and achieve a just climate future. Here, we offer a new perspective on emissions responsibility and climate finance by conducting an environmentally extended input output analysis that links 30 years (1990–2019) of United States (U.S.) household-level income data to the emissions generated in creating that income. To do this we draw on over 2.8 billion inter-sectoral tran...
Tagged under: Climate Change | Economics | Health | Climate Change Impacts | Climate Change Mitigation | Finance
The true cost of climate pollution? 44% of corporate profits.
2023-08-28 by in Grist.org: Climate. Justice. Solutions.Yet governments are still pouring $7 trillion into subsidies for fossil fuels.
Tagged under: Economics | Fossil Fuels
New research shows renewables are more profitable than nuclear power – pv magazine International
2023-08-23 (or before) in pv magazine InternationalIn a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
Tagged under: Renewable Energy | Nuclear Power | Economics
Critics of ‘degrowth’ economics say it’s unworkable – but from an ecologist's perspective, it’s inevitable
2023-08-16 by in The ConversationAccess to fossil fuels allowed humanity to overshoot Earth’s biophysical limits. The crises we now face are all symptoms of this overshoot, and the only fix is to cut our demands on the biosphere.
Tagged under: Degrowth | Economics | Fossil Fuels
We must talk more about costs in any debate about the environment
2023-08-07 (or before) by in The Times & The Sunday TimesAs Oscar Wilde wrote, a cynic is a man who knows the price of everything and the value of nothing. We all instinctively get the sort of character described her
Tagged under: Economics
Losing altitude
2023-07-17 (or before) in New Economics FoundationThe economics of air transport in Great Britain
Tagged under: Economics
Profit-Driven Systems Are Driving Us To Our Doom | by Caitlin Johnstone | Medium
2023-07-13 (or before) in caityjohnstone.medium.comListen to a reading of this article (reading by Tim Foley):
Tagged under: Economic Growth | Economics
The planet warms, the world economy cools – the real global recession is ecological | Larry Elliott
2023-07-09 in The GuardianGovernments focus on the climate when they have few other economic worries. That can no longer be the case
Tagged under: Renewable Energy | Economics | Fossil Fuels
Weaponizing economics: Big Oil, economic consultants, and climate policy delay
2023-07-04 (or before) in Taylor & Francis Online: Peer-reviewed JournalsThe role of particular scientists in opposing policies to slow and halt global warming has been extensively documented. The role of economists, however, has received less attention. Here, I trace t...
Tagged under: Economics
Loss of fossil fuel assets would not impoverish general public, study finds
2023-06-22 in The GuardianResearch allays fears that rapid scaling back of production would hit people’s savings and pensions hard
Tagged under: Economics | Fossil Fuels
The climate crisis is this century’s biggest threat. We need a global finance pact that reflects the task ahead | Chris Bowen, Steven Guilbeault and James Shaw
2023-06-22 in The GuardianAs climate change ministers, we urge multilateral banks to come together to help vulnerable nations, who face cascading challenges
Tagged under: Climate Change | Economics | Finance
Nature at risk of breakdown if Cop15 pledges not met, world leaders warned
2023-06-20 in The GuardianAuthor of landmark UK review into the economic value of nature joins UN environment chief in calls for ‘action, not just words’ on biodiversity goals
Tagged under: Economics | Wildlife
The planet’s economist: has Kate Raworth found a model for sustainable living?
2023-06-08 in The GuardianThe long read: Her hit book Doughnut Economics laid out a path to a greener, more equal society. But can she turn her ideas into meaningful change?
Tagged under: Climate Change | Economics
How much do fossil fuel companies owe in climate reparations?
2023-05-25 (or before) in Quartz | Make business betterSaudi Aramco, ExxonMobil, Shell, BP and Chevron are the companies that owe the most for damages to the climate
Tagged under: Renewable Energy | Climate Change | Chevron | Shell | Economics | Exxon | BP | Saudi Arabia | Aramco
Meet the Money Behind The Climate Denial Movement
2023-05-20 (or before) by in Smithsonian MagazineNearly a billion dollars a year is flowing into the organized climate change counter-movement
Tagged under: Climate Change | Climate Change Denial and Disinformation | Economics | Disinformation and Misinformation
Once a fringe theory, "greedflation" gets its due
2023-05-18 in AxiosTagged under: Economics
Wellbeing economy - Early Day Motions - UK Parliament
2023-05-12 (or before) in edm.parliament.ukThat this House welcomes the call made by President Michael D Higgins of Ireland on 28 April 2023 at a reception for the Think-Tank for Action on Social Change to look beyond the current obsession with economic growth and rebalance economy, ecology and ethics; notes that this call is well-aligned with the aims of the European Parliament’s examination of the Beyond Growth agenda; further notes that such a call has far-reaching implications for the teaching and practice of economics in which the obsession with perpetual growth has left society blinkered to the ecological catastrophe we now face; agrees with President Higgins...
Tagged under: GDP | Economic Growth | Economics
Revisiting the social cost of carbon | Proceedings of the National Academy of Sciences
2023-05-08 (or before) in PNAS - Proceedings of the National Academy of ScienceThe social cost of carbon (SCC) is a central concept for understanding and implementing climate change policies. This term represents the economic ...
Tagged under: Climate Change | Economics
GrowthKills
2023-05-06 (or before) in Growth KillsTagged under: Economic Growth | GDP | Economics
From Luddites to limits? Towards a systematization of growth critiques in historical perspective
2023-05-06 (or before) in Taylor & Francis Online: Peer-reviewed JournalsWhile economic growth is still at the centre of politics around the world, driven by economic crises and ecological breakdown critiques of growth as well as calls for post-growth or degrowth are on...
Tagged under: Economics | Economic Growth
Just how far is ‘beyond growth’ for policy makers?—Economics for Rebels podcast with Tim Jackson
2023-04-14 in CUSP | Centre for the Understanding of Sustainable ProsperityEcological economists integrating ecological and critical social perspectives have long been working on ideas to bring about just sustainability transformations. This podcast aims at communicating …
Tagged under: Economics | Economic Growth | Sustainability
Five Times Faster by Simon Sharpe review – a radical but realistic path to net zero emissions
2023-04-09 in The GuardianA former civil servant makes a persuasive case for dropping economy-wide emissions targets and focusing on tipping points where green technologies become affordable
Tagged under: Climate Change | Economics | Net Zero | Tipping Points | Finance
Escape from Overshoot: Economics for a Planet in Peril | Book by Peter A. Victor
2023-04-03 in CUSP | Centre for the Understanding of Sustainable ProsperityEarth is in overshoot. The relentless pursuit of economic growth in the name of “progress” has stressed the planet beyond its limits. This richly illustrated book by CUSP co-investigato…
Tagged under: Economics | Economic Growth
Pacific trade deal ‘will make mockery of UK’s climate ambitions’
2023-04-03 in The GuardianCPTPP membership will result in more deforestation and endanger animal welfare, say campaigners
Tagged under: Deforestation | Economics | Wildlife | Trees
Shifting from Publications to Public Actions: Kent researchers win Sustainability in Higher Education award – School of Economics News
2023-03-27 (or before) in Blogs at Kent- Showcasing groundbreaking work at KentTagged under: Economics | Sustainability
America’s Fossil Fuel Economy is Heading for Collapse – It Signals the End of the Oil Age
2023-03-24 in Age of TransformationUS oil production is about to peak, but the world is unprepared for the tremendous economic and political consequences. The only path through is energy and economic transformation.
Tagged under: Economics | Fossil Fuels | Collapse
Three Decades of Climate Mitigation: Why Haven't We Bent the Global Emissions Curve?
2023-03-22 (or before) in Annual ReviewsDespite three decades of political efforts and a wealth of research on the causes and catastrophic impacts of climate change, global carbon dioxide emissions have continued to rise and are 60% higher today than they were in 1990. Exploring this rise through nine thematic lenses—covering issues of climate governance, the fossil fuel industry, geopolitics, economics, mitigation modeling, energy systems, inequity, lifestyles, and social imaginaries—draws out multifaceted reasons for our collective failure to bend the global emissions curve. However, a common thread that emerges across the reviewed literature is the cent...
Tagged under: Climate Change | Economics | Climate Change Impacts | Climate Change Mitigation
New partnership launches AI-powered global climate law and policy database - Grantham Research Institute on climate change and the environment
2023-03-20 (or before) in London School of EconomicsThe Grantham Research Institute on Climate Change and the Environment at the London School of Economics, the Sabin Center for Climate Change Law at Columbia University, and Climate Policy Radar are delighted to announce a new partnership to offer upgraded open data resources on global climate laws, policies and legal cases.
Tagged under: Climate Change | Economics
GSI Seminar Series: Simon Sharpe Economics and Diplomacy of Climate Action
2023-03-19 (or before) in YouTubeGSI Seminar Series: Simon Sharpe Economics and Diplomacy of Climate Action
Tagged under: Economics
The Next Decade Will Be The Most Pivotal in History: This is the Global Phase-Shift
2023-03-12 in Age of TransformationHuman civilisation is experiencing a Great Metamorphosis in which our energy, politics, economics, culture, values and worldviews are being completely rewritten.
Tagged under: Climate Change | Economics
Still Counting - BWB Bridget Williams Books
2023-03-12 (or before) in bwb.co.nzLeading feminist scholar Marilyn Waring provides an essential assessment of wellbeing economics – where progress is measured using a wider than usual set of economic indicators.
Tagged under: Economics
Who's Counting? Marilyn Waring on Sex, Lies and Global Economics
2023-02-19 (or before) in YouTubeIn this feature-length documentary, Marilyn Waring demystifies the language of economics by defining it as a value system in which all goods and activities a...
Tagged under: Economics
World Bank chief resigns after climate stance misstep
2023-02-16 in The GuardianDavid Malpass was criticised when he dodged question about fossil fuels’ link to climate crisis
Tagged under: Economics | Fossil Fuels
Pursuing economic growth will kill us all in the end | Letter
2023-02-02 in The GuardianLetters: I risked prison to stand up against an system that will lead to ecological and societal collapse – we must look for alternative economic models, writes Zoe Cohen
Tagged under: Activism | GDP | Economics | Economic Growth | Collapse
Timothée Parrique: “Degrowth: Slow is the New Cool” | The Great Simplification #32
2023-01-23 (or before) in YouTubeOn this episode, we meet with social scientist and researcher at the School of Economics and Management of Lund University, Timothée Parrique.What is degrowt...
Tagged under: Degrowth | Economics
Prioritization of carceral spending in U.S. cities: Development of the Carceral Resource Index (CRI) and the role of race and income inequality
2022-12-22 (or before) in PLOS - Open ScienceBackground Policing, corrections, and other carceral institutions are under scrutiny for driving health harms, while receiving disproportionate resources at the expense of prevention and other services. Amidst renewed interest in structural determinants of health, roles of race and class in shaping government investment priorities are poorly understood. Methods Based on the Social Conflict Model, we assessed relationships between city racial/ economic profiles measured by the Index of Concentration at the Extremes (ICE) and budgetary priorities measured by the novel Carceral Resource Index (CRI), contrasting investments in car...
Tagged under: Economics | Housing | Health
Sunak’s government ‘going backwards’ on green economy, says CBI
2022-12-05 in The GuardianBusiness bosses ‘confused and disappointed’ by PM’s lack of growth plan in face of recession
Tagged under: Rishi Sunak | Economics | Economic Growth
Sunak’s growth fetish is a problem: he’s heading for the same budget trap as Truss | Tim Jackson
2022-11-16 in The GuardianThe siren call of climate-burning expansion bewitches British politics. More of the same will emerge in the autumn statement, says Tim Jackson, professor of sustainable development at the University of Surrey
Tagged under: COP27 | Rishi Sunak | Economics | Economic Growth
I predicted the 2008 crash – these are the global 'megathreats' I can see now | Nouriel Roubini
2022-11-05 in The GuardianLife as we know it is under threat, as short-term-thinking politicians ignore the signs that point to a dystopian future, says Nouriel Roubini
Tagged under: Predictions | Economics
European project to explore pathways towards post-growth economics
2022-10-25 (or before) by in uab.catThe ERC is providing 10 million euros for an ICTA-UAB project that will study how to escape from a growth economy and ensure social welfare and...
Tagged under: Economics | Economic Growth
Loss aversion
2022-10-08 (or before) in behavioraleconomics.comDefinition of loss aversion, a central concept in prospect theory and behavioral economics.
Tagged under: Economics
Analysis: New UK Prime Minister Liz Truss’s Links to Climate Science Denial
2022-09-05 by in DeSmogLiz Truss was announced as the new leader of the Conservative Party today after riding to power with the support of libertarian groups opposed to climate action. A vocal advocate of free-market economics, during her campaign Truss called solar farms on agricultural land “depressing” and on Sunday claimed “gas is a very important transition fuel” […]
Tagged under: Economics
UK industry’s heavy energy users fear enforced winter shutdowns
2022-08-13 in The GuardianWith their bills already soaring, fuel-intensive firms are now on notice that they may have to cease operations
Tagged under: Economics
How economics solved acid rain
2022-08-12 (or before) in Environmental Defense Fund - Building a vital earth for everyoneEnvironmental Defense Fund's ability to reduce acid rain shows how it's possible to cut pollution cost-effectively, using market incentives.
Tagged under: Economics
Ask Prof Wolff: The Case for Degrowth
2022-08-02 (or before) in YouTubeA Patron of Economic Update asks: "I would love to hear you talk about degrowth. It's something I've been reading a little about for a few years. I probably ...
Tagged under: Degrowth | Economics | Capitalism
Statistical Review of World Energy | Energy economics | Home
2022-06-29 (or before) in BP - British PetroleumThis year’s 71st edition of the bp Statistical Review of World Energy helps to make sense of the greatest challenges and uncertainties facing the global energy system for almost 50 years
World economy set to lose up to 18% GDP from climate change if no action taken, reveals Swiss Re Institute's stress-test analysis | Swiss Re
2022-06-14 (or before) in Swiss Retbd
Tagged under: Climate Change | GDP | Economics | Economic Growth
Ukraine invasion may be start of ‘third world war’, says George Soros
2022-05-24 in The GuardianVeteran philanthropist tells World Economic Forum civilisation ‘may not survive’ what is coming
Tagged under: Economics | Russia
Apocalypse now? The alarming effects of the global food crisis
2022-05-21 in The GuardianThe Bank of England governor warned last week of ‘apocalyptic’ food price rises. Yet war in Ukraine, climate change and inflation are already taking their toll all over the world
Tagged under: Climate Change | Africa | Economics | Famine
A climate solution where all sides can win | Ted Halstead
2022-05-06 (or before) in YouTubeWhy are we so deadlocked on climate, and what would it take to overcome the seemingly insurmountable barriers to progress? Policy entrepreneur Ted Halstead p...
Tagged under: Climate Change | Economics
Tipping Fossil Fuels out of the Global Economy - Simon Sharpe March 9th 2022
2022-03-15 (or before) in YouTubeSimon Sharpe is the Director of Economics, UN Climate Action Champions.He discusses how evolutionary and complexity economic thinking can guide governments t...
Tagged under: Economics | Fossil Fuels
A mechanism that can change the world | Stefan Brunnhuber | TEDxDresden
2022-03-05 (or before) in YouTubeEnding poverty. Offering education to everyone. Saving our environment. Transforming into a sustainable and fair society is possible but it is very expensive...
Tagged under: Economics | Sustainability | Finance
The First Step Toward Saving the Planet Is Ignoring the Economists
2022-03-04 by in Rolling Stone - Music, Film, TV and Political News CoverageThe U.N.’s latest climate report shows that we don’t know how expensive the climate crisis will be, which means cost-benefit analyses weighing how to combat it are pointless
Tagged under: IPCC | Climate Change | Economics
Geoff Mann · Check Your Spillover: The Climate Colossus · LRB 10 February 2022
2022-02-18 (or before) by in London Review of BooksIn the face of climate change, the long run – which remains the sacred temporality of economics – is a misleading...
Tagged under: Climate Change | Economics
Food Prices Approach Record Highs, Threatening the World’s Poorest
2022-02-03 in The New York TimesTagged under: Economics
Dark Side To Solar? More Reports Tie Panel Production To Toxic Pollution
2022-02-02 (or before) by in ForbesA major new study of the economics of solar, published in Harvard Business Review, finds that the waste produced by solar panels will make electricity from solar four times more expensive than the world’s leading energy analysts thought.
Tagged under: Renewable Energy | Shell | Solar Energy | Climate Change | Economics | Electricity
Low-carbon ambitions must not interfere with ‘normal life’, says Xi Jinping
2022-01-26 in The GuardianPresident signals more cautious approach to climate crisis and says China must ‘overcome notion of rapid success’
Tagged under: Economics
McKinsey: fundamental transformation of global economy needed for net zero
2022-01-25 in The Guardian$9tn of annual investment required to avoid most catastrophic climate impacts, consultancy says
Tagged under: Greenhouse Gases | Economics | Fossil Fuels | Net Zero
We can afford to reverse poverty and climate breakdown. What we can’t afford is the alternative | Kevin Watkins
2022-01-24 in The GuardianOur global finance system is failing to rise to the challenges we face. It’s time it was reimagined – and grounded in our shared humanity
Tagged under: Economics | Finance
Beyond Technical Fixes: climate solutions and the great derangement
2022-01-12 (or before) in Taylor & Francis Online: Peer-reviewed JournalsClimate change research is at an impasse. The transformation of economies and everyday practices is more urgent, and yet appears ever more daunting as attempts at behaviour change, regulations, and...
Tagged under: Climate Change | Economics
Research On Degrowth
2021-12-19 (or before) in Annual ReviewsScholars and activists mobilize increasingly the term degrowth when producing knowledge critical of the ideology and costs of growth-based development. Degrowth signals a radical political and economic reorganization leading to reduced resource and energy use. The degrowth hypothesis posits that such a trajectory of social transformation is necessary, desirable, and possible; the conditions of its realization require additional study. Research on degrowth has reinvigorated the limits to growth debate with critical examination of the historical, cultural, social, and political forces that have made economic growth a dominant obje...
Tagged under: Activism | Degrowth | Economics | Economic Growth | Sustainability
A New Estimate of the ‘Most Effective’ Way to Fight Climate Change
2021-12-17 (or before) in The AtlanticClimate-concerned donors should focus on helping to pass climate policy, not offset their emissions, an advisory group says.
Tagged under: Joe Biden | Climate Change | Economics | Health
Global demand for coal could hit all-time high in 2022
2021-12-17 in The GuardianElectricity from coal plants has risen by 9% this year to fuel economic recovery from Covid, says watchdog
Tagged under: Coal | Fossil Fuels | Electricity | Economics
Climate change litigation cases spreading around the world - Grantham Research Institute on climate change and the environment
2021-11-26 (or before) in London School of EconomicsClimate change litigation cases have been increasing markedly over the past six years, and pose a risk to an expanding range of companies and policymakers, according to a new report published today (Friday 2 July 2021) by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science.
Tagged under: Climate Change | Economics | Litigation
Capitalism Reimagined: Seven dimensions of a better economic system - ImpactAlpha
2021-11-23 by in ImpactAlphaImpactAlpha, Nov. 23 – In the not-too-distant future, a powerful and diverse movement has succeeded in redesigning the rules, practices, narratives and power relationships ...
Tagged under: Capitalism | Economics
Climate crisis: economists ‘grossly undervalue young lives’, warns Stern
2021-10-25 in The GuardianEconomists have failed to take account of ‘immense risks and potential loss of life’, says author of landmark review
Tagged under: COP26 | Economics
Three Decades of Climate Mitigation: Why Haven't We Bent the Global Emissions Curve?
2021-10-23 (or before) in Annual ReviewsDespite three decades of political efforts and a wealth of research on the causes and catastrophic impacts of climate change, global carbon dioxide emissions have continued to rise and are 60% higher today than they were in 1990. Exploring this rise through nine thematic lenses—covering issues of climate governance, the fossil fuel industry, geopolitics, economics, mitigation modeling, energy systems, inequity, lifestyles, and social imaginaries—draws out multifaceted reasons for our collective failure to bend the global emissions curve. However, a common thread that emerges across the reviewed literature is the cent...
Tagged under: Climate Change | Economics | Climate Change Impacts | Climate Change Mitigation
US regulators: Climate change is a major threat to the economy
2021-10-21 in Grist.org: Climate. Justice. Solutions.In a 133-page report, the Financial Stability Oversight Council noted that climate-fueled disasters are “increasing and already imposing substantial economic costs.”
Tagged under: Climate Change | Economics
The ABCs of Big Oil | Ep 3: High School - Drilled | Podcast on Spotify
2021-10-16 (or before) in open.spotify.comListen to this episode from Drilled on Spotify. In the third episode of our mini-series with Earther, we head to high school, where the fossil fuel industry's efforts to shape Americans' thinking on economics and policy really ramps up.
Tagged under: Economics
Estimates of the economic damages from climate change
2021-10-01 in And Then There's PhysicsSince I’ve discussed climate economics before, I thought I would briefly highlight a recent seminar involving, amongst others, Steve Keen and Tim Lenton. The topic was are the estimates of ec…
Tagged under: Climate Change | Economics
What Climate Change Requires of Economics | by Daron Acemoglu - Project Syndicate
2021-09-28 by Daron Acemoglu in Project SyndicateDaron Acemoglu identifies two main areas where the discipline will need to rethink longstanding assumptions and models.
Tagged under: Climate Change | Economics | Economic Growth
Is Green Growth Possible?
2021-09-27 (or before) in Taylor & Francis Online: Peer-reviewed JournalsThe notion of green growth has emerged as a dominant policy response to climate change and ecological breakdown. Green growth theory asserts that continued economic expansion is compatible with our...
Tagged under: Climate Change | Degrowth | Economics | Economic Growth
Climate impact of a transatlantic flight could cost global economy $3,000
2021-09-06 in The GuardianEconomic cost of climate crisis has cut 37% from global GDP this century, say researchers
Tagged under: Greenhouse Gases | Economics | Economic Growth
Is Capitalism Compatible with Environmentalism? | Science Museum
2021-09-01 (or before) in Science MuseumJournalist and broadcaster Jon Snow will chair a panel of experts in economics, policy and climate science to explore how to reconcile boosting profits with stewardship of our planet.
Tagged under: Economics | Capitalism
PROFESSOR HAMISH LOW (BRASENOSE, 1990)
2021-08-23 (or before) in Oxford AlumniJames Meade Professor of Economics about the UK’s legal commitment to reach net-zero climate emissions by 2050
Tagged under: Economics | Net Zero
Economic Growth - Facing Future
2021-08-21 (or before) in Facing FutureInfinite Growth on a Finite Planet “Global civilization has an operating system. It is disastrously flawed. It is killing us. It is known by two common names: money and growth economics. Money is a virus of the mind which uses humanity [and nature] for its own reproduction.” – Stuart Scott, Director of the Facing Future … Continue reading "Economic Growth"
Tagged under: Deforestation | Oceans | Farming | Wildfires | Drought | Greenhouse Gases | Climate Change | Methane | Economics | Wildlife | Fossil Fuels | Economic Growth | Sea Level | Trees | Sustainability
Climate effects on US infrastructure: the economics of adaptation for rail, roads, and coastal development - Climatic Change
2021-08-20 (or before) in Springer VerlagChanges in temperature, precipitation, sea level, and coastal storms will likely increase the vulnerability of infrastructure across the USA. Using models that analyze vulnerability, impacts, and adaptation, this paper estimates impacts to railroad, roads, and coastal properties under three infrastructure management response scenarios: No Adaptation; Reactive Adaptation, and Proactive Adaptation. Comparing damages under each of these potential responses provides strong support for facilitating effective adaptation in these three sectors. Under a high greenhouse gas emissions scenario and without adaptation, overall costs are pro...
Tagged under: Greenhouse Gases | Climate Change | Economics | Sea Level | Climate Change Impacts | Trains
Past world economic production constrains current energy demands: Persistent scaling with implications for economic growth and climate change mitigation
2021-08-08 (or before) in PLOS - Open ScienceClimate change has become intertwined with the global economy. Here, we describe the contribution of inertia to future trends. Drawing from thermodynamic principles, and using 38 years of available statistics between 1980 to 2017, we find a constant scaling between current rates of world primary energy consumption E ( t ) and the historical time integral W of past world inflation-adjusted economic production Y, or W ( t ) = ∫ 0 t Y ( t ′ ) d t ′. In each year, over a period during which both E and W more than doubled, the ratio of the two remained nearly unchanged, that is λ = E ( t ) ( t ) / W ( t ) = 5 ....
Tagged under: Renewable Energy | Nuclear Power | Predictions | Climate Change | Economics | Fossil Fuels | Economic Growth | Climate Change Mitigation
Economics Needs a Climate Revolution
2021-07-29 (or before) in Gernot WagnerWith its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today's biggest problems. Change within the discipline is underway, but it cannot come fast enough.
Tagged under: Climate Change | Economics
New Zealand rated best place to survive global societal collapse
2021-07-28 in The GuardianStudy citing ‘perilous state’ of industrial civilisation ranks temperate islands top for resilience
Tagged under: Climate Change Adaption | New Zealand | Climate Change | Collapse | Economics
William Nordhaus versus the United Nations on Climate Change Economics - Econlib
2021-07-26 (or before) in Econlib - The Library of Economics and LibertyWilliam Nordhaus was a co-recipient of this year’s Nobel Prize in economics for his pioneering work on the economics of climate change. On the day of the Nobel announcement, the United Nations’ Intergovernmental Panel on Climate Change (UN IPCC) released a special report1 advising the governments of the world on various steps necessary to limit […]
Tagged under: IPCC | Climate Change | Economics
Climate economics: Make supply chains climate-smart - Nature
2021-07-25 (or before) in NatureSociety's infrastructure is hit hard by extreme weather. Networks of trade, transport and production need to adapt globally, says Anders Levermann.
Tagged under: Economics
The appallingly bad neoclassical economics of climate change
2021-07-25 (or before) in Taylor & Francis Online: Peer-reviewed JournalsForecasts by economists of the economic damage from climate change have been notably sanguine, compared to warnings by scientists about damage to the biosphere. This is because economists made thei...
Tagged under: Climate Change | Economics
Economics Needs a Climate Revolution | by Tom Brookes & Gernot Wagner - Project Syndicate
2021-06-28 by Tom Brookes & Gernot Wagner in Project SyndicateTom Brookes & Gernot Wagner warn that the neoclassical orthodoxy is utterly unequipped to grapple with climate change.
Tagged under: Climate Change | Economics | Economic Growth
New Florida Law Mandates Cities Keep Using Fossil Fuels
2021-06-26 in Gizmodo | The Future Is HereFlorida just took a huge step backward in the clean energy revolution. Gov. Ron DeSantis signed a piece of legislation into law earlier this week that requires Florida cities and towns to keep using fossil fuels.
Tagged under: Florida | Climate Change | Economics | Fossil Fuels | Legislation | Sustainable Cities | Finance
Fracking 101: What You Should Know - EcoWatch
2021-05-11 in EcoWatch - For a Healthier Planet and LifeFracking involves blasting water, chemicals and frac sand deep into the earth to break up rock formations and extract natural gas and crude oil. It's one of the most important environmental issues today, and a case study in how a new technology that offers immediate economic and political advantages can overpower environmental and health concerns.
Tagged under: Environmental Protection Agency USA | Water Resources | Fracking | Health | Economics
We’re Hurtling Toward Global Suicide | The New Republic
2021-03-20 (or before) in The New RepublicWhy we must do everything differently to ensure the planet’s survival
Tagged under: IPCC | Climate Change | Economics
China's five-year plan for economy is crucial to meeting net zero by 2060
2021-03-04 in The GuardianImminent economic blueprint has implications for planet – and whether Paris agreement likely to be met
Tagged under: Greenhouse Gases | Climate Change | Economics | Net Zero
Worker wellbeing and productivity in advanced economies: Re-examining the link | Journal paper by Amy Isham, Simon Mair and Tim Jackson
2021-02-26 in CUSP | Centre for the Understanding of Sustainable ProsperityLabour productivity is a key concept for understanding the way modern economies use resources and features prominently in ecological economics. Ecological economists have questioned the desirability of labour productivity growth on both environmental and social grounds. In this paper we aim to contribute to ongoing debates by focusing on the link between labour productivity and worker wellbeing.
Tagged under: Economics | Economic Growth
Living the Good Life in a Non-Growth World --- The Talk Version – Economics from the Top Down
2021-02-18 in Economics from the Top Down – New ideas in economics and the social sciencesThe talk version of my recent paper on degrowth.
Tagged under: Degrowth | Economics | Economic Growth
How Much the Oil and Gas Industry Paid Lying Texas Republicans
2021-02-17 (or before) in Earther | GizmodoAs the crisis of rolling blackouts in Texas unfolds this week, some of the state’s loudest Republican politicians are falsely dragging “frozen wind turbines” as the cause. But behind the wind energy smears is a dizzying amount of fossil fuel money.
Tagged under: Chevron | Economics | Texas | Wind Power | Finance
'Put a big fat price on carbon': OECD chief bows out with climate rally cry
2021-02-17 in The GuardianExclusive: Ángel Gurría says action on environmental crises must be defining focus of wealthy countries after Covid
Tagged under: Economics
The Economics of Immense Risk, Urgent Action and Radical Change: Towards New Approaches to the Economics of Climate Change
2021-02-16 (or before) in National Bureau of Economic Research | NBERFounded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
Tagged under: Climate Change | Economics
What Would Planting 100 Million Trees Per Week Do In 5, 50, & 500 Years?
2021-02-16 in Cleantech News Ñ #1 In EV, Solar, Wind, Tesla NewsA trillion trees, low-tillage agriculture, and a sustainable economy would mean that in about 500 years we would have the level of CO2 about where we want to keep it, probably around 300 ppm.
Tagged under: Trees | Economics
A 5 Trillion Dollar Subsidy: How We All Pay For Fossil Fuels
2021-02-06 (or before) by in ForbesEach year, fossil fuel producers receive trillions of dollars in subsidies. This reflects an epic market failure. Our atmosphere is a vital shared resource, and current policies allow producers to treat it like a garbage dump. Climate action is key to protect our health and the health of the planet.
Tagged under: Renewable Energy | Climate Change | Economics | Fossil Fuels | Health
Prosperity comes at 'devastating' cost to nature
2021-02-02 in The BBCLandmark review calls for fundamental change in our approach to economics to stem nature loss.
Tagged under: Economics
The Economics of Climate Change: The Stern Review - Grantham Research Institute on climate change and the environment
2021-02-02 (or before) in London School of EconomicsThe Economics of Climate Change: The Stern Review (2006) assessed a wide range of evidence on the impacts of climate change and on the economic costs.
Tagged under: Climate Change | Economics | Climate Change Impacts
Economics' failure over destruction of nature presents ‘extreme risks’
2021-02-02 in The GuardianNew measures of success needed to avoid catastrophic breakdown, landmark review finds
Tagged under: Extreme Weather | Economics | Wildlife
Changing minds and money
2021-02-02 (or before) in Wildlife and Countryside LinkHannah Conway, Policy Officer at Wildlife and Countryside Link, writes on the shift in economic thinking around the true value of nature ahead of the publication of the Dasgupta Review on the 'Economics of Biodiversity'.
Tagged under: Economics | Wildlife
Nature is a blind spot in economics that we ignore at our peril, says Dasgupta Review
2021-02-02 (or before) in GOV.UKA fundamental change in how we think about and approach economics is needed if we are to reverse biodiversity loss and protect and enhance our prosperity, an independent, global review on the Economics of Biodiversity said today (Tuesday 2 February).
Tagged under: Economics
Economics of biodiversity review: what are the recommendations?
2021-02-02 in The GuardianLandmark report says GDP should be ditched as measure of wealth and nature valued to protect wildlife and humans
Tagged under: Economics | Wildlife | Economic Growth
Helping poorest tackle climate crisis will boost global growth, says IMF head
2021-01-25 in The GuardianKristalina Georgieva says investing to create resilient economies is a ‘win-win-win-win’ scenario
Tagged under: COP26 | Greenhouse Gases | Economics | Economic Growth
The 'market' won't save us from climate disaster. We must rethink our system | Robert S Devine
2020-11-19 in The GuardianExpecting the free market to fix global warming is like trying to pound nails with a saw
Tagged under: Economics | Economic Growth | US Politics
Approximate calculations of the net economic impact of global warming mitigation targets under heightened damage estimates
2020-10-09 (or before) in PLOS - Open ScienceEfforts to mitigate global warming are often justified through calculations of the economic damages that may occur absent mitigation. The earliest such damage estimates were speculative mathematical representations, but some more recent studies provide empirical estimates of damages on economic growth that accumulate over time and result in larger damages than those estimated previously. These heightened damage estimates have been used to suggest that limiting global warming this century to 1.5 °C avoids tens of trillions of 2010 US$ in damage to gross world product relative to limiting global warming to 2.0 °C. However,...
Tagged under: Greenhouse Gases | Climate Change | Economics | Economic Growth | Climate Change Mitigation
Church of England Unloads Exxon Shares on Failed Emission Goals
2020-10-09 (or before) in BloombergIts pensions board is now fully divested from the oil giant for not meeting key climate criteria
Tagged under: Exxon | Climate Change | Economics
Nobel prize-winning economics of climate change is misleading and dangerous – here's why
2020-09-09 by in The ConversationThis celebrated research gives governments a reason to give climate change a low priority, but is based on spurious empirical data.
Tagged under: Climate Change | Economics
Federal Report Warns of Financial Havoc From Climate Change (Published 2020)
2020-09-09 in The New York TimesTagged under: Climate Change | Economics
The revolving door between City banks and Westminster is distorting our economy | Simon Jenkins
2020-08-20 in The GuardianIt cannot be right for the former chancellor to ‘advise’ an industry that massively overlaps with government, says Guardian columnist Simon Jenkins
Tagged under: Economics
How Individualist Economics Are Causing Planetary Eco-Collapse
2020-08-19 (or before) by Richard Smith in Truthout - Fearless Independent JournalismWhile capitalism has brought unprecedented development, this same motor of development is now driving towards ecological collapse, threatening to doom us all.
Tagged under: Economics | Capitalism | Collapse
New Report on Unrecorded Capital Flight Finds Developing Countries are Net-Creditors to the Rest of the World
2020-08-18 (or before) in Global Financial IntegrityGlobal Financial Integrity (GFI), the Centre for Applied Research at the Norwegian School of Economics and a team of global experts have released a study showing that since 1980 developing countries lost US$16.3 trillion dollars through broad leakages in the balance of payments, trade misinvoicing, and recorded financial transfers.
Tagged under: Economics
Think 'sanctions' will trouble China? Then you're stuck in the politics of the past | Ai Weiwei
2020-08-06 in The GuardianThe complex history of how China and the US once embraced each other should inform how the current showdown is tackled, says artist and activist Ai Weiwei
Tagged under: Economics | US Politics
Letter from economists: to rebuild our world, we must end the carbon economy
2020-08-04 in The GuardianThe carbon economy amplifies racial, social and economic inequities, creating a system that is fundamentally incompatible with a stable future
Tagged under: Greenhouse Gases | Climate Change | Economics
Governments put 'green recovery' on the backburner
2020-07-15 in The GuardianG20 countries aim their pandemic bailout spending at fossil fuel industries, leaving Paris climate change targets in doubt
Tagged under: Climate Change | Economics
For Effective Climate Change Activism, Focus on Supply
2020-07-14 (or before) in BloombergTo effect change, climate activists need to pursue both divestment and limiting demand for carbon emissions.
Tagged under: Activism | Climate Change | Economics
Fairly sharing 1.5: national fair shares of a 1.5 °C-compliant global mitigation effort - International Environmental Agreements: Politics, Law and Economics
2020-06-10 (or before) in Springer VerlagThe problem of fairly distributing the global mitigation effort is particularly important for the 1.5 °C temperature limitation objective, due to its rapidly depleting global carbon budget. Here, we present methodology and results of the first study examining national mitigation pledges presented at the 2015 Paris climate summit, relative to equity benchmarks and 1.5 °C-compliant global mitigation. Uniquely, pertinent ethical choices were made via deliberative processes of civil society organizations, resulting in an agreed range of effort-sharing parameters. Based on this, we quantified each country’s range of fai...
Tagged under: Brazil | Economics | International Agreements | Climate Justice | Climate Change Mitigation
The Actual Problem With Saying “Human Capital Stock”
2020-05-28 by in Slate MagazineA White House adviser wasn’t invoking slavery—but the phrase has other issues.
Tagged under: Economics
The Altruist Within: In pursuit of sustainability and justice in a broken financial system | By Tim Jackson
2020-05-14 in CUSP | Centre for the Understanding of Sustainable ProsperityThis blog is an edited version of a keynote CUSP director Tim Jackson gave at the 2013 Sea of Faith Annual Conference in Leicester. In outlining the philosophical foundation of a different approach to economics, this essay speaks as much to the financial crisis from 2008, as it does to the current health and economic predicament from COVID-19.
Tagged under: Economics | Health | Sustainability
Britons want quality of life indicators to take priority over economy
2020-05-10 in The GuardianPolls finds majority would like ministers to prioritise health and wellbeing over GDP during coronavirus crisis
Tagged under: GDP | Economics | Economic Growth | Health
Disobedience, Protest, and the Pandemic: Climate Change and Citizen Action under Conditions of Social Distancing | Blog by Graeme Hayes
2020-05-05 in CUSP | Centre for the Understanding of Sustainable ProsperityCivil disobedience is not just a checklist of components, but a tradition of morally purposeful action and an expression of citizenship, CUSP Fellow Graeme Hayes writes. As the pandemic ushers in new social norms, and political and economic interests may seek to capitalise on the crisis to further deepen social inequality, how social movements rethink their tactics may have profound consequences for the effectiveness of future protests.
Tagged under: Climate Change | Economics
Wealth tax rise could raise £174bn to tackle Covid-19, expert says
2020-04-22 in The GuardianUK taxes should be central to debate on paying for pandemic, suggests Richard Murphy
Tagged under: Economics
Meet the Hidden Architect Behind America's Racist Economics
2020-04-12 (or before) in Institute for New Economic Thinking | Institute for New Economic ThinkingNobel laureate James Buchanan is the intellectual linchpin of the Koch-funded attack on democratic institutions, argues Duke historian Nancy MacLean
Tagged under: Economics
Amsterdam to embrace 'doughnut' model to mend post-coronavirus economy
2020-04-08 by Daniel Boffey in The GuardianDutch officials and British economist to use guide to help city thrive in balance with planet
Tagged under: Doughnut Economics | Economics | Covid-19 | Europe
G-FEED: COVID-19 reduces economic activity, which reduces pollution, which saves lives.
2020-03-18 (or before) in Global Food, Environment and Economic DynamicsTagged under: Covid-19 | Air Quality | Economics
Climate policy needs negative carbon-dioxide emissions
2020-02-25 (or before) in The Economist MagazineThe world is not remotely ready to provide them | Briefing
Tagged under: Economics
G20 sounds alarm over climate emergency despite US objections
2020-02-23 in The GuardianGroup’s first reference during Trump administration to global heating signals growing economic concerns over climate change
Tagged under: Climate Change | Economics
Teck Resources pulling application for Frontier oil sands mine - The Globe and Mail
2020-02-23 in The Globe and Mail: Canadian, World, Politics and Business News & AnalysisThe Teck mine had already passed a lengthy regulatory review and Ottawa was expected to decide this week whether to approve the project
Tagged under: Oil Industry | Canada | Climate Change | Economics | Finance
Global economic growth will take big hit due to loss of nature
2020-02-12 by Fiona Harvey in The GuardianDamage to environment could wipe £368bn a year from growth by 2050 and UK will be hard hit, WWF warns
Tagged under: Animal Populations | Biodiversity Loss | Natural World | Economics | GDP | Fish | Economic Growth | Trees
The Great Affordability Crisis Breaking America
2020-02-09 (or before) by in The AtlanticIn one of the best decades the American economy has ever recorded, families were bled dry.
Tagged under: Housing | Economic Growth | Health | Economics | Finance
Government Agency Warns Global Oil Industry Is on the Brink of a Meltdown
2020-02-04 in VICEWe are not running out of oil, but it's becoming uneconomical to exploit it—another reason we need to move to renewables as quickly as possible.
Tagged under: Renewable Energy | Economics | Oil Industry | Fossil Fuels | Carbon Bubble | Climate Change
Ofgem sets out nine-point plan to prioritise climate crisis
2020-02-03 in The GuardianRegulator aims to support investment in low-carbon technology while protecting households from price rises
Tagged under: Renewable Energy | Ofgem | Economics
The material footprint of nations
2020-01-25 (or before) in PNAS - Proceedings of the National Academy of ScienceThis original research paper addresses a key issue in sustainability science: How many and which natural resources are needed to sustain modern economies? Simple as it may seem, this question is far from trivial to answer and has indeed not been addressed satisfactorily in the scholarly literature. We use the most comprehensive and most highly resolved economic input–output framework of the world economy together with a detailed database of global material flows to calculate the full material requirements of all countries covering a period of two decades. Called the “material footprint,” this indicator provides...
Tagged under: Economics | Consumption | Sustainability
Davos 2020: Mnuchin says Greta Thunberg, should study economics at college
2020-01-23 (or before) in CNBCTreasury Secretary Steven Mnuchin sharply criticized the financial credentials of 17-year-old Swedish climate activist Greta Thunberg on Thursday.
Tagged under: Greta Thunberg | Activism | Economics
From loo roll to dumplings: Hong Kong protesters weaponise purchasing power
2020-01-23 by Verna Yu in The GuardianThe ‘yellow economic circle’ movement aims to promote locally owned businesses – and shun Chinese ones
Tagged under: China | Activism | Economics
Wellbeing and Productivity: A Review of the Literature | Working Paper by Amy Isham, Simon Mair and Tim Jackson
2020-01-20 in CUSP | Centre for the Understanding of Sustainable ProsperityThis report reviews the relationships between the different aspects of wellbeing, productivity, and productivity growth. It is the culmination of a desk-based evidence review, survey, and a mapping workshop held with experts from backgrounds including psychology, sociology, economics, and design. The focus is on wellbeing and labour productivity.
Tagged under: Economics | Economic Growth
Russia announces plan to ‘use the advantages’ of climate change
2020-01-05 in The GuardianKremlin website recognises global heating as a problem but lists ‘positive’ economic effects
Tagged under: Russia | Climate Change | Greenhouse Gases | Vladimir Putin | Economics
Europe’s state of the environment 2020: change of direction urgently needed to face climate change challenges, reverse degradation and ensure future prosperity
2019-12-04 (or before) in European Environment AgencyEurope will not achieve its 2030 goals without urgent action during the next 10 years to address the alarming rate of biodiversity loss, increasing impacts of climate change and the overconsumption of natural resources. The European Environment Agency’s (EEA) latest ‘State of the Environment’ report published today states that Europe faces environmental challenges of unprecedented scale and urgency. The report says, however, there is reason for hope, amid increased public awareness of the need to shift to a sustainable future, technological innovations, growing community initiatives and stepped up EU action lik...
Tagged under: Consumption | Sustainability | Biodiversity Loss | Climate Change | European Union | Europe | Climate Change Impacts | Economics
Tackling climate crisis is what we should be doing, says new IMF boss
2019-11-30 in The GuardianIn an exclusive interview, Kristalina Georgieva tells why global heating is as big a threat to economic stability as another financial crash
Tagged under: Economics
It's time to retire metrics like GDP. They don't measure everything that matters | Joseph Stiglitz
2019-11-24 by Joseph Stiglitz in The GuardianThe way we assess economic performance and social progress is fundamentally wrong, and the climate crisis has brought these concerns to the fore
Tagged under: Climate Change | Economics | GDP | Economic Growth
Why climate change is an irrelevance, economic growth is a myth and sustainability is forty years too late | Global Comment
2019-11-20 in Global CommentHave climate-change activists got it wrong? This is what Kevin Casey thinks the real problem is
Tagged under: Economics | Climate Change | Activism | Economic Growth | Sustainability
Why ending fossil fuel subsidies and investing in solar is essential for decarbonisation and prosperity - Solarcentury
2019-11-15 in Solarcentury - International solar PV companyDavid Edwards, Solarcentury Strategy and Resources Director, takes us through the numbers. The Earth’s carbon budget is rapidly expiring. Since the Paris Agreement, world leaders, major corporations and financial investors have talked much about the importance of transitioning to a decarbonised global economy. However, their ongoing subsidising of and investment in fossil fuels is already […]
Tagged under: Solar Energy | Fossil Fuels | Decarbonisation | Economics
War, empire and racism in the Anthropocene | by Nafeez Ahmed | INSURGE intelligence | Medium
2019-11-08 (or before) in MediumThe biophysical-economics and military-logics of industrial hyperreality
Tagged under: Economics
Burning questions about insurance and climate | Greenbiz
2019-10-28 (or before) in GreenbizWill insurers and banks step up to help reduce risk and build resistance — or contribute to crashing the economy?
Tagged under: Insurance | Economics
Russia’s Thawing Permafrost May Cost Economy $2.3 Billion a Year
2019-10-22 (or before) in BloombergRussia plans to pay more attention to the impact climate change is having on its vast permafrost area.
Tagged under: Climate Change | Economics | Vladimir Putin | Russia
UK urges World Bank to channel more money into tackling climate crisis
2019-10-20 in The GuardianSize of British contribution also hinges on better gender equality and an anti-poverty approach
Tagged under: Economics
Bank of England boss says global finance is funding 4C temperature rise
2019-10-15 in The GuardianMark Carney says capital markets are financing projects likely to fuel a catastrophic rise in global heating
Tagged under: Greenhouse Gases | Economics | Finance
Firms ignoring climate crisis will go bankrupt, says Mark Carney
2019-10-13 in The GuardianBank of England governor warns of financial collapse linked to climate emergency
Tagged under: Greenhouse Gases | Coal | Economics | Fossil Fuels | Collapse
Greta Thunberg is right: It’s time to haul ass on climate change
2019-10-04 by David Roberts in VoxEconomically and politically, early ambition is better.
Tagged under: Greta Thunberg | Climate Change | Economics
Vaclav Smil: ‘Growth must end. Our economist friends don’t seem to realise that’
2019-09-21 in The GuardianThe scientist and author on why humanity’s endless expansion must stop.
Tagged under: Economics | Economic Growth
Global financial bodies not fit for purpose, John McDonnell says
2019-06-19 in The GuardianIMF, WTO and World Bank not doing enough to fight climate crisis, shadow chancellor says
Tagged under: Economics
This Civilisation is Finished: Conversations on the end of Empire – and what lies beyond | The Simplicity Collective
2019-06-14 in Simplicity Collective - Join the Simple Living MovementI’ve just published a new book, co-authored with philosopher-activist Rupert Read (leading spokesperson of the Extinction Rebellion in the UK). There is also a postscript by Helena Norberg-Hodge, author of Ancient Futures and producer of The Economics of Happiness. Our new book is entitled This Civilisation is Finished: Conversations on the end of Empire – […]
Tagged under: Extinction Rebellion | Economics | Activism
More than 5m people in Britain suffer low-paid, insecure work
2019-06-11 in The GuardianLiving Wage Foundation research study shows families struggling to make ends meet
Tagged under: Economics | Finance
‘Socialism for the rich’: the evils of bad economics
2019-06-06 in The GuardianThe long read: The economic arguments adopted by Britain and the US in the 1980s led to vastly increased inequality – and gave the false impression that this outcome was not only inevitable, but good
Tagged under: Economics | US Politics
U.N. Climate Report Merely a Blueprint for Destroying the World Economy
2019-06-03 (or before) by in The Heritage FoundationWhat will it take to keep the planet habitable? According to some eco-warriors, all that’s necessary is to end capitalism — the one economic system that has lifted billions from poverty and suffering. The latest United Nations Intergovernmental Panel on Climate Change (IPCC) report led Eric Holthaus, a Grist writer, to tweet enthusiastically, “The world’s top scientists just gave rigorous backing to systematically dismantle capitalism as a key requirement to maintaining civilization and a habitable planet.”
Tagged under: IPCC | Climate Change | Economics | Capitalism
It is a fantasy to think that financial markets will self-regulate when it comes to climate risk
2019-06-03 in LSE Blogs | Expert analysis & debate from LSEAbby Innes explains how the current financial incentive framework is stacked against any traded company that tries to care about climate change. She warns that without government regulation, the ec…
Tagged under: Climate Change | Economics
Climate and economic risks 'threaten 2008-style systemic collapse'
2019-02-12 in The GuardianEnvironmental and social problems could interact in global breakdown, report says
Tagged under: Economics | Collapse
Oxford Economics: Oil and Natural Gas Is Driving U.S. Economic Growth Across Sectors
2019-02-12 in Energy In Depth | A Project of IPAAFueled by record-setting oil and natural gas production, the U.S. extraction sector is poised to grow faster than any other industry this year, according to a new analysis by Oxford Economics. The research firm predicted that the oil, natural gas and mining sector could grow...
Tagged under: Predictions | Economics | Economic Growth
Trump ditches coal when hyping 'revolution in American energy' in SOTU speech
2019-02-05 by in The HillPresident Trump did not mention coal when he declared Tuesday night that his administration has “unleashed a revolution in American energy” that has lead to historic energy export highs and economic grow
Tagged under: Economic Growth | Donald Trump | Coal | Economics
Britain fell for a neoliberal con trick – even the IMF says so | Aditya Chakrabortty
2018-10-17 by Aditya Chakrabortty in The GuardianThe fund reports that Britain’s finances are weaker than all other nations except Portugal, and says privatisation is to blame, says Guardian columnist Aditya Chakrabortty
Tagged under: Economics | Finance
Climate Science Deniers Respond to IPCC 1.5C Report with Anger, Fear, and Distortion
2018-10-11 by in DeSmogA big UN report arrived on Monday, saying in no uncertain terms that the world has up to two decades to massively cut emissions by transforming the global economy if we want to avoid terrible climate impacts. Given the implications of the Intergovernmental Panel on Climate Change’s (IPCC) findings — government intervention, progressive social policies, more international aid […]
Tagged under: IPCC | Climate Change Denial and Disinformation | Climate Change | Disinformation and Misinformation | Climate Change Impacts | Economics
Losing Earth: The Decade We Almost Stopped Climate Change (Published 2018)
2018-08-01 by in The New York TimesWe knew everything we needed to know, and nothing stood in our way. Nothing, that is, except ourselves. A tragedy in two acts.
Tagged under: CO2 | US Politics | Climate Change | Exxon | Greenhouse Gases | Coal | Economics
Aid in reverse: how poor countries develop rich countries | Jason Hickel
2017-01-14 in The GuardianNew research shows that developing countries send trillions of dollars more to the west than the other way around. Why?
Tagged under: Economics
It's the economy that needs to be integrated into the environment - not the other way around | Andrew Simms
2016-06-14 in The GuardianAndrew Simms: BP’s call for a ‘meaningful carbon price’ is the latest example of wrongly trying to apply economic theories and tools to the environment
Tagged under: Carbon Pricing | Economics | BP
What It Would Really Take to Reverse Climate Change
2014-11-18 in IEEE SpectrumToday’s renewable energy technologies won’t save us. So what will?
Tagged under: Renewable Energy | Solar Energy | Coal | Climate Change | Economics
Why the economy needs nature | Tony Juniper
2013-01-09 in The GuardianTony Juniper: Nature is not a drag on growth – its protection is an unavoidable prerequisite for sustaining economic development
Tagged under: Economics | Wildlife | Economic Growth
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