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.
Economics
Bill Mitchell: When ‘new’ is really old and doesn’t get us very far – latest BIS paper
Plus ça change, plus c’est la même chose Read here
Finance
Prem Sikka: Here’s how Caffe Nero made £2bn in sales but didn’t pay a penny in corporation tax
Prem Sikka explains how a company can make billions in profit, but book a loss at the end of the year, thus paying no taxes. Read here
Climate Crisis
DeSmog UK – Investigation: How the Meat Industry is Climate-Washing its Polluting Business Model
Growing global meat consumption threatens to derail the Paris Agreement, but that hasn’t stopped the meat industry insisting it is part of the solution to climate change. Read here
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