Last July the government agency, which has collected mundane statistics on energy matters for decades, quietly revealed that 127 of the world’s largest oil and gas companies are running out of cash.
By investing in expensive hydrocarbon projects, the brownies are undermining the future of our economies. But only few people and even fewer governments get it.
The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished, the International Energy Agency (IEA) said today in its third annual Medium-Term Renewable Energy Market Report.
The falling support of governments for renewables has little to do with economic facts (costs) but all with heavy lobbying from the brown industry.
“Global warming is here, human-caused and probably already dangerous — and it’s increasingly likely that the heating trend could be irreversible, a draft of a new international science report says.”
good to see this draft synthesis report being leaked, as it will allow to track what will be deleted or downplayed in the final version.
Flourishing in a Not-for-Profit World by 2050 “Combining passion and hard evidence, How on Earth is a fascinating, highly original book. It points to how not-for-profit organizations can play a major role in building a more caring and sustainable economy. […]
Must-read book for anyone interested in the real, planetary limits-based future of business and economics.
An MIT climate change study released Sunday indicates the cost of slashing coal-fired carbon emissions would be offset by reduced spending on public health. The EPA-funded study examined climate change policies similar to those proposed by the Obama administration in June.
Supporters of serious climate action keep using the costs of non-action framing to make their point. It will not work as the climate deniers do not really care about these costs. They oppose climate action for ideological reasons: defending ‘our way of life’.
“Rather than trying to spur private-sector spending through asset purchases or interest-rate changes, central banks, such as the Fed, should hand consumers cash directly.”
Innovative, provocative and probably politically unrealistic article in Foreign Affairs by Mark Blyth and Eric Lonergan.
A leading scholar of labor markets says mankind has consistently feared technology’s toll on employment, and consistently been wrong.
The interesting debate on the impact of automation on labour markets continues with this good paper by MIT researcher David Autor.
Europe’s self-inflicted wounds are making its recession worse than the worst of the 1930s.
Good analysis of the never-ending Eurozone crisis. A few nice quotes: "how is Europe making the Great Depression look like the good old days of growth? Easy: by ignoring everything we learned from it." and
"They have made a desert, and called it the eurozone."