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So it’s possible to imagine that the city that Glaeser described in his book was not the city of the future, but a city that was already sliding into the past. If this is true, it has significant implications for the future of work.
While energy is the common foundation of Europe’s economy, EU member states have strikingly different energy policies. In the context of compounding security, economic, and environmental crises, calls to surmount the tensions surrounding energy are increasing. We spoke to economist Helen Thompson about the fault lines exposed by the energy crisis, government responses to our present disorder, and prospects for greater European unity.
In part one of this two-part series on the green transition, Upstream explores what happens when we simply paint capitalism green without addressing its fundamental global operating principles and processes.
At the last scheduled meeting of European commissioners before the summer recess on Wednesday, Brussels technocrats will attempt their most far-reaching power grab yet seen in 2022: the right to impose mandatory gas rationing on the bloc's 27 member countries.
As citizens from Portugal to Poland swelter and perish in record-breaking heat, their governments are being asked to sign over their right to energy sovereignty in six days. The measures are being rushed through using emergency protocols, which mean no country will be able to veto the plan and the European Parliament will have no say.
Please accept the invitation made by The Commoner’s Catalog and apply your talents and imagination to the challenges of commoning.
The fundamental assumption underlying these beliefs is that economic growth can be “decoupled” from resource and ecological demands and impacts. That is, it is claimed that the rate of production and consumption can continue to increase while the resources needed to do this can be reduced to sustainable levels, along with the environmental damage it causes. This comforting faith is widely held, including by major global institutions.
At September’s UN General Assembly, Xi Jinping pledged to stop all Chinese investment in coal plant projects abroad. The announcement comes against the backdrop of a leadership dry spell from the United States, the EU, and COP26 host the UK. What does this 50-billion-dollar divestment mean for climate diplomacy? Amélie Canonne and Nicolas Haeringer assess the magnitude of China’s move and outline an alternative, climate justice approach to the energy transition.
Les tarifs du gaz sur les marchés internationaux ont quadruplé depuis avril, un choc pour les ménages et les entreprises. Cette nouvelle situation, qui touche l’ensemble des sources d’énergie, risque de s’installer dans la durée.
La croissance et le développement promis par tous les décideurs politiques sont-ils encore possibles dans des métropoles comme le Grand Paris ? La capitale n’est-elle pas en situation de surdéveloppement ? Bien sûr, il reste des quartiers à rénover, des friches à réinvestir, des situations précaires à améliorer mais tout cela tient plus de la réparation que du développement.
Pour ce billet nous avons essayé d’observer le Grand Paris sous l’angle économique. Entre le toujours plus de croissance et la notion souvent mal comprise de décroissance, quelles hypothèses poser pour que l’économie ne freine pas l’urgence de la transition ? Comment transformer l’économie elle-même ?
More than 13,000 renewable projects are set to create up to 10 million jobs worldwide and provide $2 trillion (£1.43tn) in investment opportunities.
That is the key finding from new research by Ernst & Young (EY), commissioned by the European Climate Foundation (ECF).
For 30 years, environmental economist Tim Jackson has been at the fore of international debates on sustainability. Over a decade since his hugely influential Prosperity Without Growth, the world is both much changed – reeling from a pandemic and with unprecedented prominence for environmental issues – and maddeningly the same, still locked in a growth-driven destructive spiral. What does Jackson’s latest contribution, Post Growth, have to say about the way out of the dilemma?
From his desk in midtown Manhattan Tariq Fancy once oversaw the beginning of arguably the biggest, most ambitious, effort ever to turn Wall Street “green”. Now, as environmentally friendly investing grows at an exponential rate, Fancy has come to a stark conclusion: “This is definitely not going to work.”
As the former chief investment officer for sustainable investing at BlackRock, the world’s largest asset manager, Fancy was charged with embedding environmental, social and governance (ESG) corporate policies across the investment giant’s portfolio.
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France is losing €6-9 billion a year in gas imports because the country failed to meet its renewable energy goals agreed upon at the European level, according to a new think-tank study unveiled this week. Paul Messad discusses the report in an article on the Euractiv website. Renewable energy delay is costing France billions:…
The starting point for Transition is that the future with less oil, and producing less carbon emissions, could be preferable to today.
Le lobbying en faveur du climat à l'échelle européenne, tel est la mission que s'est donnée Chloé Mikolajczak. Elle nous explique ce que cela signifie.
Modelling tools are becoming increasingly important to policy makers for creating transition pathways. More detail is required as the pace of change accelerates. Yet complexity is increasing as new technologies and solutions come online. And those models are needed at the local level, not just the national and global. It’s why the EU is funding, […]
greenwashing is not a problem for the green transition, it is THE problem. One that calls for appropriate measures.
Plenty of research has shown that in the long term, the costs of climate change will be much greater than the costs of retooling society to reduce emissions and keep climate change in check. But the conventional wisdom has been that it will take many decades to “break even” on decarbonization from a financial point of view. And the prospect of short-term pain for only long-term gain has made it difficult to generate political support for climate action now.
The energy transition is the most significant economic opportunity of the 21st century. Yet we are astonishingly unprepared to make the most of it. In fact, progress in this area has slowed almost to a crawl. The average renovation rate in Europe today remains at 1%, well below the targeted 3%, and only one-fifth of these renovations result in deep energy savings. This is at a time when rising gas prices threaten to increase already-unacceptable rates of energy poverty.
This report analyses how the 25 largest European banks approach five critical climate and biodiversity-related themes: - Net-zero targets and alignment
- High-carbon disclosures
- Sector policies (fossil fuels, shipping, biomass)
- Biodiversity
- Executive remuneration
Our research as environmental economists and macroeconomists confirms that both the effects of climate change and some of the policies necessary to stop it could have important implications for financial stability, if preemptive measures are not undertaken. Public policies addressing, after years of delay, the fossil fuel emissions that are driving climate change could devalue energy companies and cause investments held by banks and pension funds to tank, as would abrupt changes in consumer habits.
The good news is that regulators have the ability to address these risks and clear the way to safely implement ambitious climate policy.
Tens of thousands of UK homes, businesses and public buildings are one step closer to benefitting from greener, cleaner energy thanks to £44 million of government funding.
The funding package addresses the urgent need to reduce the carbon footprint of heating homes and workspaces which makes up almost a third of all UK carbon emissions.
Of the £44 million funding announced today, £30 million will fund 3 innovative heat network projects providing low carbon energy in south-east London, Manchester and Cambridgeshire, whilst helping to bring down energy bills.
Almost two decades since euros first began circulating, the EU is preparing for the May 2021 launch of the Conference on the Future of Europe. For too long, conversations on the future of European democracy and the future of the eurozone have been held separately. This is a vital opportunity to bridge the two, argues Edouard Gaudot. The euro has survived thanks to short-term fixes such as the EU’s pandemic recovery fund, but unless the eurozone is made sustainable and reconciled with national constitutions and democracies, the most critical link in the EU’s chain will remain weak.
Une mesure qui va au-delà de celles actuellement discutées à l'Assemblée dans le cadre du projet de loi "Climat et Résilience".
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