When a high-ranking European policymaker like Christine Lagarde gives a keynote speech on “policymaking in an age of shifts and breaks” at a meeting of the world’s most important central bankers, one should listen carefully. Because that is indeed what matters in this world: how to manage the inevitable structural change without making serious macroeconomic mistakes.
Climate Crisis
The Energy Mix: 10 of 13 ‘Flagship’ CCS Projects Failed to Deliver, IEEFA Analysis Concludes
After a half-century of research and development, carbon capture and storage projects are far more likely to fail than to succeed, and nearly three-quarters of the carbon dioxide they manage to capture each year is […]
Climate Crisis
Trade Unions for Energy Democracy – Sweden: A Great Victory Has Been Won over Fossil Capital
On Monday, September 28, 2020, Sweden’s largest oil refinery, Preem, decided to withdraw its application for an expansion of its refinery in Lysekil on the Swedish west coast. Read here
Economics
Heiner Flassbeck, Friederike Spiecker: Searching for the scapegoat – wages in the ECB’s focus
If the German Federal Statistical Office hadn’t officially announced it last Friday, you wouldn’t have believed it. In Germany, the part of collective wage agreements that leads to a permanent collective wage increase actually amounted […]
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