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Policy news & blueprints for the transition to a new Sustainable and Social Economy
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OECD waking up to climate crisis?

OECD waking up to climate crisis? | The Great Transition | Scoop.it

"Ending our reliance on fossil fuels was never going to be easy. Two thirds of electricity generation relies on fossil fuels. 95% of the energy consumed by the world’s transport systems relies on fossil fuels.

I want to be very clear that I haven’t come here to vilify fossil fuels. Much of what we regard as material and social progress has been built on the back of them. They are incredibly convenient. We’ve physically constructed our world around them, and to wean ourselves away from them will mean swimming against very strong tides".

Willy De Backer's insight:

In a lecture in London on 9 October, OECD Secretary-General Angel Gurria warned global leaders that the climate crisis needs to be tackled with more radical and urgent policies (including a high price on carbon and abolishing fossil fuel subsidies). Do some of his remarks indicate a new shift in the global leaders' climate agenda?

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Michael Stuart's curator insight, October 12, 2013 4:54 PM

The Texas coast needs to get ready, some areas, like Corpus Christi will have little effect, but Galveston's west-end and South Padre's north-end will be under water!

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The Jobs Potential of a Shift towards a low-carbon Economy

The Jobs Potential of a Shift towards a low-carbon Economy | The Great Transition | Scoop.it
The report argues that the impact of a transition towards a greener economy on labour markets will extend far beyond the creation of new green jobs, such as those related to renewable energy. This transition will create new opportunities for workers, but also new risks. The challenge for labour market and skill policies is to maximise the benefits for workers and help assure a fair sharing of adjustment costs, while also supporting broader green growth policies (e.g. by minimising skill bottlenecks).

 

This new OECD report also looks at the need to re-allocate workers from declining brown industries to growing green ones and demands serious reforms of the tax and benefit systems for workers.

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Environment: Act now or face costly consequences, warns OECD

Environment: Act now or face costly consequences, warns OECD | The Great Transition | Scoop.it
As countries struggle with the immediate challenges of stretched public finances and high unemployment, they must not neglect the longer term. Action needs to be taken now to prevent irreversible damage ...

 

Another major warning, now from OECD, but will it have any real impact on short-term oriented policymakers who still believe in the fairy tales of growth-obsessed, free-market fundamentalists.

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Governments must tackle record gap between rich and poor, says OECD

Governments must tackle record gap between rich and poor, says OECD | The Great Transition | Scoop.it
The gap between rich and poor in OECD countries has reached its highest level for over half a century, and governments must act quickly to tackle inequality, according to a new OECD report.

 

Even the Club of the Rich starts worrying about rising inequalities and the societal protest resulting from the divide.

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New OECD report shows world en route to zero-growth

New OECD report shows world en route to zero-growth | The Great Transition | Scoop.it

The new OECD report "Looking to 2060: long-term growth prospects for the world" predicts that in fifty years the combined GDP of China and India will surpass the entire OECD area. Growth will continue to be anemic in most Western countries and global inequality will remain high.

 

This pessimistic report completely neglects the issue of resource constraints to growth which was the subject of a recent IMF report. If you would add the predictions of the IMF study to the outcome of this one, it is clear that we are on track for a zero-growth world. Time to start rethinking our way of life if we want to remain relatively prosperous and have a good life.

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La croissance verte selon l’OCDE : la pensée unique du capitalisme vert

La croissance verte selon l’OCDE : la pensée unique du capitalisme vert | The Great Transition | Scoop.it

Excellent critical analysis by French economist Jean Gadrey of the 2011OECD report "Towards Green Growth: Monitoring Progress - OECD Indicators".

 

"Ce qui est mis en avant c’est la poursuite de la croissance à l’infini, en y intégrant la nature comme nouveau grand facteur de production (ce qui est le cas depuis toujours, mais on vise à monter d’un cran dans son exploitation productive) et comme champ d’investissement prioritaire d’un capitalisme vert ou verdi."

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Do workers reap the benefits of productivity growth?

Do workers reap the benefits of productivity growth? | The Great Transition | Scoop.it

This OECD Insight article summarises an academic report on the relationship between economic growth and gains for ordinary workers.

 

The report by Professor John van Reenen and Joao Pessoa of the London School of Economics shows that decoupling has taken place between growth in productivity and wages and compensations for workers (especially in the bottom-half of income distribution).

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