The Elephant

A resource for journalists, politicians, policy makers, activists and citizens interested in climate change and the environmental emergency

Topic: Economics


Related Articles (189)

Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable

  2024-03-12 in Fortune

Housing 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 Nature

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. 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 Bloomberg

Zambia 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.com

Humanity 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 Guardian

Rural 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 2050

Let'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 Investor

Countries 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 Guardian

The 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 Journals

Previously, 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 Guardian

James 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 Guardian

Writer, 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 Guardian

Extreme 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 Guardian

Inequalities 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 Yahoo

Giant 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 Examiner

  Tagged under: Economics


Fed Chair Powell is ignoring the greatest threat to our economy: climate risk

  2023-11-17 in The Hill

Given 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 News

Flying 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 Bloomberg

NuScale 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 Intercept

How an elite clique of math-addled economists hijacked climate policy.

  Tagged under: Economics


How Climate Change Affects Water Markets Globally

  2023-10-18 in Bloomberg

More 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 Sail

The 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 Prosperity

This 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 Guardian

Campaigners 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 Science

Current 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 International

In 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 Conversation

Access 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 Times

As 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 Foundation

The 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.com

Listen 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 Guardian

Governments 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 Journals

The 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 Guardian

Research 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 Guardian

As 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 Guardian

Author 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 Guardian

The 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 better

Saudi 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 Magazine

Nearly 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 Axios

  Tagged under: Economics


Wellbeing economy - Early Day Motions - UK Parliament

  2023-05-12 (or before) in edm.parliament.uk

That 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 Science

The 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 Kills

  Tagged 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 Journals

While 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 Prosperity

Ecological 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 Guardian

A 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 Prosperity

Earth 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 Guardian

CPTPP 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 Kent

  Tagged 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 Transformation

US 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 Reviews

Despite 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 Economics

The 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 YouTube

GSI 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 Transformation

Human 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.nz

Leading 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 YouTube

In 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 Guardian

David 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 Guardian

Letters: 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 YouTube

On 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 Science

Background 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 Guardian

Business 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 Guardian

The 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 Guardian

Life 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.cat

The 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.com

Definition 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 DeSmog

Liz 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 Guardian

With 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 everyone

Environmental 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 YouTube

A 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 Petroleum

This 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

  Tagged under: BP | Economics


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 Re

tbd

  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 Guardian

Veteran 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 Guardian

The 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 YouTube

Why 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 YouTube

Simon 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 YouTube

Ending 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 Coverage

The 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 Books

In 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 Times

  Tagged under: Economics


Dark Side To Solar? More Reports Tie Panel Production To Toxic Pollution

  2022-02-02 (or before) by in Forbes

A 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 Guardian

President 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 Guardian

Our 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 Journals

Climate 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 Reviews

Scholars 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 Atlantic

Climate-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 Guardian

Electricity 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 Economics

Climate 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 ImpactAlpha

ImpactAlpha, 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 Guardian

Economists 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 Reviews

Despite 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.com

Listen 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 Physics

Since 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 Syndicate

Daron 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 Journals

The 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 Guardian

Economic 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 Museum

Journalist 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 Alumni

James 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 Future

Infinite 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 Verlag

Changes 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 Science

Climate 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 Wagner

With 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 Guardian

Study 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 Liberty

William 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 Nature

Society'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 Journals

Forecasts 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 Syndicate

Tom 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 Here

Florida 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 Life

Fracking 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 Republic

Why 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 Guardian

Imminent 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 Prosperity

Labour 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 sciences

The 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 | Gizmodo

As 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 Guardian

Exclusive: 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 | NBER

Founded 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 #1 In EV, Solar, Wind, Tesla News

A 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 Forbes

Each 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 BBC

Landmark 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 Economics

The 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 Guardian

New 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 Link

Hannah 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.UK

A 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 Guardian

Landmark 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 Guardian

Kristalina 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 Guardian

Expecting 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 Science

Efforts 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 Bloomberg

Its 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 Conversation

This 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 Times

  Tagged under: Climate Change | Economics


The revolving door between City banks and Westminster is distorting our economy | Simon Jenkins

  2020-08-20 in The Guardian

It 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 Journalism

While 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 Integrity

Global 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 Guardian

The 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 Guardian

The 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 Guardian

G20 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 Bloomberg

To 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 Verlag

The 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 Magazine

A 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 Prosperity

This 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 Guardian

Polls 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 Prosperity

Civil 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 Guardian

UK 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 Thinking

Nobel 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 Guardian

Dutch 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 Dynamics

  Tagged under: Covid-19 | Air Quality | Economics


Climate policy needs negative carbon-dioxide emissions

  2020-02-25 (or before) in The Economist Magazine

The 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 Guardian

Group’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 & Analysis

The 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 Guardian

Damage 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 Atlantic

In 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 VICE

We 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 Guardian

Regulator 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 Science

This 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 CNBC

Treasury 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 Guardian

The ‘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 Prosperity

This 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 Guardian

Kremlin 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 Agency

Europe 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 Guardian

In 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 Guardian

The 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 Comment

Have 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 company

David 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 Medium

The biophysical-economics and military-logics of industrial hyperreality

  Tagged under: Economics


Burning questions about insurance and climate | Greenbiz

  2019-10-28 (or before) in Greenbiz

Will 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 Bloomberg

Russia 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 Guardian

Size 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 Guardian

Mark 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 Guardian

Bank 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 Vox

Economically 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 Guardian

The 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 Guardian

IMF, 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 Movement

I’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 Guardian

Living 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 Guardian

The 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 Foundation

What 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 LSE

Abby 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 Guardian

Environmental 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 IPAA

Fueled 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 Hill

President 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 Guardian

The 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 DeSmog

A 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 Times

We 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 Guardian

New 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 Guardian

Andrew 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 Spectrum

Today’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 Guardian

Tony Juniper: Nature is not a drag on growth – its protection is an unavoidable prerequisite for sustaining economic development

  Tagged under: Economics | Wildlife | Economic Growth


Related Topics

Carbon Pricing | Degrowth | Doughnut Economics | GDP

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