While the current developments require a redoubling of efforts in the increase of renewables and energy efficiency, the opposite is occurring. To put the blame on China is ridiculous. The slack should have been picked up by other nations, but the fossil fuel interests have made great political progress resulting in increased investment.
Climate Crisis
Cam Simpson, Akshat Rathi, Saijel Kishan: MSCI, the largest ESG rating company, doesn’t even try to measure the impact of a corporation on the world. It’s all about whether the world might mess with the bottom line
Excellent piece on rampant ESG ‘green washing’ and the limits of existing taxonomies.This is the true contribution of the market to stopping climate change. Read here
Economics
Bill Mitchell: Has global trade peaked?
“I doubt, however, we have reached peak trade. There is massive potential in the poorer nations. Whether that will be realised is yet to be determined. And what impact climate change will have on the […]
Climate Crisis
Our Fish – Scientific Advice: No improvement for collapsed fish stocks – time for a reboot in the Baltic Sea
Responding to today’s publication of annual scientific advice for 2023 fishing limits in the Baltic Sea by the International Council for the Exploration of the Sea (ICES), a group of non-governmental organisations said that the […]
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