Climate risk is financial risk

“Diversifying risk is nigh impossible when it affects the entire planet.”

How I Greened My Prewar Co-op

A climate economist overhauls his leaky, 200-year-old co-op.

What Does Trump Mean for the Climate?

Even if Donald Trump defeats President Joe Biden and tries to take a wrecking ball to US climate and environmental policies, he ultimately would be powerless to derail the inevitable renewables revolution that is gaining momentum worldwide. His anti-climate agenda would be another wall that never gets built.

A European Clean Growth Mindset

The Ukraine War Blew Up the World’s Energy Economy

And the U.S. Inflation Reduction Act is surprisingly well-designed to deal with the fallout.

How to Assess the Outcome of COP28

Given that this year’s United Nations Climate Change Conference was hosted by a petrostate and led by a fossil-fuel CEO, climate campaigners understandably had low expectations. Yet the summit did deliver some new commitments, and there is good reason to think that they are more than just empty words.

What Steel Decarbonization Needs

It is both technically possible and economically feasible to eliminate almost all the carbon dioxide from iron and steel production by mid-century, thus cleaning up an industry that accounts for 10% of global emissions. But progress will not happen without a concerted policy push.

How China Can Save the World – and Itself

With China’s economic growth slowing at the same time that its emissions continue to rise, it is clear that its carbon-intensive investment model has run its course. Chinese leaders urgently need to follow advanced economies in shifting toward greater domestic consumption and reduced energy demand.

Taming Carbon

When the Price Is Right

The Green Growth Mindset

Heated academic debates between proponents and opponents of traditional economic growth under capitalism might make for good television, but they offer little in the way of solutions. Climate change demands that we achieve both growth and degrowth, depending on the activity and economic sector in question.

Carbon Capture and Delay

As long as coal plants are still operating, it is a good idea to require them capture their carbon dioxide emissions. But those designing policies to hasten such practices must tread carefully, lest they unwittingly extend the life of dirtier energy sources.

What the Climate Fight Is Really About

Hint: It's about minimizing risks and uncertainties.

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