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 Will Trump’s Victory Mean for the Climate?

On climate and especially environmental policy, the return of Donald Trump to the White House is clearly bad news. But the outlook is uncertain, because Trump has sent mixed signals about the kinds of policy changes he might pursue, and it remains to be seen what effect he can have on broader technological and market trends.

Capture or cut carbon to make steel greener?

FT business school teaching case study

Floods are wreaking havoc around the world. Vienna might have found an answer

The Austrian capital has been spared the worst of recent flooding. Its experience could be a lesson in how to tackle the climate crisis

Gute Industriepolitik ebnet den Weg zu effektiven CO2-Preisen

Es gibt handfeste Gründe dafür, effizienten Technologien zum Durchbruch zu verhelfen.

The Best Climate Policy Puts Carrots Before Sticks

Economists have long insisted that the only way to cut emissions of carbon dioxide and other greenhouse gases rapidly and at scale is to put a price on them. But while that is true, the key to a successful, politically sustainable climate policy is to ensure that the benefits precede the costs.

Tipping Carbon

Going, Going, Gone?

Don’t Slam the Door on Inexpensive Chinese Electric Vehicles

While the broader Inflation Reduction Act will substantially cut carbon emissions, the new tariffs on Chinese EVs will have the opposite effect. They risk derailing the transition to EVs, and they pit U.S. middle-class consumers against auto workers and shareholders.

Averting Climate Catastrophe Requires Economic Growth

Improving energy efficiency is not enough for advocates of degrowth, who espouse energy sufficiency as the best way to fight climate change. But their argument is absurd: using limited inputs more efficiently is the definition of economic productivity – which, in turn, boosts growth.

The Right Response to China’s Electric-Vehicle Subsidies

While the availability of cheap electric vehicles is good news for the planet and for consumers everywhere, it is bad news for shareholders and employees of Western car companies, and both the United States and Europe are considering imposing import tariffs on Chinese EVs. But tariffs are the wrong approach.

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.

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