One of the changes that the credit crunch brought in was that rules that were previously considered normal were broken. Let me start with what looks like an example of a previous rule.
Energy
Carbon Tracker: 79% of EU coal generators are currently running at a loss and could lose €6.57 bn in 2019
In this latest Analyst Note from the Power and Utilities team we explain the financial implications of recent changes to coal power economics in the EU. In doing so, we argue EU policymakers and investors […]
Austerity
Bill Mitchell: European Union – business as usual as the madness continues
“With another cyclical downturn approaching, the European Commission continues to conduct its affairs in a sort of time warp, divorced from reality.” Read here
EU politics
Naomi Klein – A new shock doctrine: in a world of crisis, morality can still win
From The Guardian An edited excerpt of Naomi Klein’s speech at the Labour party conference about the necessity of converting the progressive plan into a winning plan. Read here
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