Economics

Further substantiation of the carbon bubble / stranded assets argument that if governments act seriously on their climate goals then a huge amount of fossil fuel investment will become worthless: Nature Climate Change study: Stranded fossil-fuel assets translate to major losses for investors in advanced economies Guardian reporting: People in US and UK face huge […]

{ 0 comments }

Three examples from today: 1) Coal shortage and heatwave spark India’s power woes: The government says it is doing all it can do to ensure supplies. Coal India, the world’s largest coal miner, has increased production by 12%, “strengthening India’s energy security”, according to the federal coal ministry. It also despatched 49.7 million metric tonnes […]

{ 2 comments }

Sydney Lang and Amanda Harvey-Sánchez have an article in the May/June issue of Briarpatch: Divestment and beyond.

{ 0 comments }

“So accept the favours, sway the key blocs, and you will get into power — ruling with actions that look contradictory and stupid to those who don’t understand the game: privately helping a powerful industry you publicly denounced, or passing laws that hurt a bloc that voter for you. But your job isn’t to have […]

{ 1 comment }

I came across an interesting article about the history of polyester, and particularly its rise to dominance with the popularity of sports- and outdoors-wear: With that technology in hand, Patagonia developed a line of base layers that Smith dubbed Capilene to suggest capillary action. In fall 1985, the same season Synchilla hit the market, Capilene […]

{ 0 comments }

The US Energy Information Administration is reporting that wind was the second largest source of electricity on March 29th, slightly beating nuclear and coal. It’s still not expected to surpass coal or nuclear for all of 2022 or 2023.

{ 0 comments }

United Nations secretary general’s remarks on the ongoing release of the IPCC’s sixth assessment report are remarkable for their directness and candour: “Climate activists are sometimes depicted as dangerous radicals,” said UN Secretary-General António Guterres during the Intergovernmental Panel on Climate Change (IPCC) news conference on Monday. “But the truly dangerous radicals are the countries […]

{ 4 comments }

Today I saw a Twitter post with some text that governments cut from the Summary for Policymakers from the 6th Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC): B6.4. Factors limiting ambitious transformation include structural barriers, an incremental rather than systemic approach, lack of coordination, inertia, lock-in to infrastructure and assets, and […]

{ 3 comments }

Students who were occupying the Roger-Gaudry Pavilion at the Universite de Montréal say the university has committed to divest from fossil fuels by 2025. The development was first announced on Facebook, and I haven’t yet seen a formal release from the school.

{ 0 comments }

As a practical matter, the democratic uproar needed to build whatever alternative economy [Naomi] Klein and the Pope have in mind is far greater than the upswell of the Climate Capitalism I’m proposing, which harnesses financial markets in the climate fight. Reengaging our political system to reform financial institutions like the World Bank, motivate the […]

{ 0 comments }