Economics

As recently as March 5th, The Economist published an article entitled: A recession is unlikely but not impossible The April 18th issue reports: “On April 14th the IMF warned that the global recession would be the deepest for the best part of a century.” I can’t find my note about it, but somewhere I recorded […]

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The Guelph University board of governors committed to divest from fossil fuels on Wednesday, after a sub-committee of their finance committee concluded that doing so was compatible with fiduciary duty and that a divested portfolio would have performed as well or better in the past. I was a guest on the board’s call, and it […]

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In the lead-up to the Canadian federal election in October, Justin Trudeau’s Liberals promised legally binding targets for Canada to be at net zero emissions by 2050. Specifically, they promised: “We will set legally-binding, five-year milestones, based on the advice of the experts and consultations with Canadians, to reach net-zero emissions by 2050” “We will […]

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Scientists alert people to the problem. Environmentalists are the first to believe them. Corporations that are implicated as contributing to the problem either deny the threat or balk at the cost of addressing it, fearful of government red tape and loss of profits. Eventually, enough public concern prompts politicians to act. They respond with tougher […]

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The always-slightly-overenthusiastic Slate.com reports: The financial world resumed melting into goo on Monday thanks to the global coronavirus outbreak, with stocks falling so hard and fast in the morning that it triggered a rare 15-minute timeout on trading. By day’s end the S&P 500 collapsed by 7.6 percent—its worst showing since the financial crisis. The […]

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Fossil fuel-endowed regions would benefit if some of their trusted leaders questioned the prudence of doubling-down on coal, oil, and even natural gas. Such visionaries would argue that fossil fuel expansion increases the region’s economic vulnerability to the future time when humanity finally accelerates on the decarbonization path. Unfortunately, such regions tend to produce political […]

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The Economist recently printed an article describing experimentation in the use of robots for agriculture, which included some interesting claims about potential environmental benefits: The company will offer its robots as a service. Tom will live in a kennel on the farm, where it will download data for the farmer and recharge. Dick and Harry […]

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Don Braid is reporting on recent comments from Alberta premier Jason Kenney, presumably uttered in the hope of bolstering the chances the Trudeau cabinet will approve the Teck Frontier mine: “Over the next decades as we go through the energy transition, we all know that there will be a continued demand for crude,” he told […]

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Because the alternative is deep and rapid emissions cuts which countries are unwilling to implement, the IPCC now assumes that stabilizing the climate will involve heavy use of negative emission technologies: “between 100bn and 1trn tonnes of CO2 to be removed from the atmosphere by the end of the century if the Paris goals were […]

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In Victoria today, about ten young Indigenous protestors were arrested after occupying the Ministry of Energy, Mines and Petroleum Resources building. Meanwhile, British security authorities have categorized Greenpeace and the Extinction Rebellion with far-right groups and neo-Nazis. Today’s George Monbiot column calls out how government security forces have often been more focused on threats to […]

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