Flux continu

Global energy and materials are essential to the functioning of the economy and have significant implications for macroeconomics and the environment. At the same time, the world is not on track to meet Paris Agreement goals. This paper documents two stylized facts that connect these observations. First, the world economy is characterized by large embedded emissions and materials: different energies and materials are deeply entwined and interdependent. This has historically led to additive – rather than substitution – dynamics in energy and materials on a global scale. Second, historically there has been a strong positive correlation between efficiency in resource use and total resource use at a global scale. We synthesize these observations by introducing the Generalized Jevons Paradox (GJP). We argue that the GJP reflects the direct and indirect energy/material demand effects of long-term energy and material interdependencies, themselves shaped by market and geoeconomic power, trade arrangements, and financi

Exclusive: As wildfires rage, Frank Elderson says more work needed to assess risk from collapse of ecosystem services

De l’Europe à la Chine et au Japon, la natalité est au plus bas, et la population devrait partout chuter radicalement d’ici à 2100. L’occasion, peut-être, de construire un monde plus vivable en matière de logement ou d’emploi, estime ce chroniqueur britannique. Il rappelle le précédent de la “peste noire”, qui a ravagé l’Europe à partir de 1345 : l’épidémie avait été suivie d’une période faste et prospère.

Progress of artificial general intelligence could stall, which may lead to a financial crash, says Yoshua Bengio, one of the ‘godfathers’ of modern AI

Data group forecasts deficit of 10mn tonnes by 2040, equivalent to nearly one-third of current global demand

We are an international group of researchers and practitioners interested in the emerging fields of post-growth and ecological macroeconomics. Our aim is to advance economic theory, methodology and policy in order to adequately address some of the biggest challenges of our time: climate change, rising inequality, and financial instability.

The nation’s top banks are quietly advising their clients on how to build a financial life raft — or perhaps life yacht — from the wreckage of runaway climate change. Make no mistake: The forecasts coming from Wall Street’s leading financial institutions are bleak. But they also point their clients to potential profit-making opportunities from the havoc spreading across the planet, writes Corbin Hiar.

As authorities declared 2024 the hottest on record, a key private sector climate alliance, the Glasgow Financial Alliance for Net Zero (GFANZ) abandoned a requirement that members be aligned to the Paris agreement. That was followed by a network of net zero asset managers suspending work, and deleting from its website its statement of commitments that members must adopt, after BlackRock, the biggest of them all, quit its ranks.

This report focuses on the 20 investors and 20 banks that are funding the methane generating activities of 15 of the leading meat and dairy companies worldwide. Collectively these financial institutions fund a methane footprint that could exceed 503 Mt CO2e – nearly as big as the CO2emissions of Saudi Arabia.

Met ruim honderd biljoen dollar aan vermogen is de Glasgow Financial Alliance for Net Zero op papier de machtigste financiële organisatie ter wereld. Het doel is om klimaatneutraal te worden tegen 2050. Maar tussen woord en daad gapen belangen in de fossiele industrie en conservatieve lobbygroepen.