“Diversifying risk is nigh impossible when it affects the entire planet.”
Science
Science
“Diversifying risk is nigh impossible when it affects the entire planet.”
Curbed/New York Magazine
A climate economist overhauls his leaky, 200-year-old co-op.
Project Syndicate
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.
Project Syndicate
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.
Project Syndicate
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.
FEPS Policy Brief
Heatmap
And the U.S. Inflation Reduction Act is surprisingly well-designed to deal with the fallout.
Project Syndicate
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.
Project Syndicate
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.
Project Syndicate
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.
Milken Review
When the Price Is Right
Project Syndicate
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.