La veille

Small modular reactors (SMRs) have been the subject of endless hype in recent years but in fact, no SMRs have ever been built, none are being built now and in all likelihood none will ever be built because of the prohibitive costs. SMRs are defined as reactors with a capacity of 300 megawatts (MW) or less with serial factory production of reactor components (or ‘modules’). No SMRs have been built, but dozens of small (<300 MW) power reactors have been built in numerous countries, without factory production of reactor components.

Applications to mine the seabed in our ocean commons can be made from 9 July, says Guy Standing, author of The Blue Commons

Examination of trees alive at the time shows three years of severe drought that may have caused crop failures and famine

The war in Ukraine is laying bare a generational divide over what lessons Germany should draw from its own history of waging bloody conflicts, as some of the country’s leading artists and intellectuals line up in favour of or against supplying Kyiv with weapons in a series of open letters.

Fearful that the Able Archer 83 exercise was a cover for a NATO nuclear strike, the U.S.S.R. readied its own weapons for launch

The current energy transition is powered by the realization that avoiding the catastrophic effects of climate change requires a reduction in greenhouse gas emissions. This infographic provides historical context for the ongoing shift away from fossil fuels using data from Our World in Data and scientist Vaclav Smil.

Inflation is a disease that disproportionately afflicts the poor. Even before Vladimir Putin unleashed his brutal war on Ukraine, whose byproducts include soaring energy and food prices, inflation was already over 7.5% in the US and above 5% in Europe and the UK. Calls for its taming are, therefore, fully justified – and the interest rate rise in the US, with the same expected in the UK, comes as no surprise. That said, we know from history that the cure for inflation tends to devastate the poor even more. The new wrinkle we face today is that the supposed solutions threaten not only to deal another cruel blow to the disadvantaged but, ominously, to snuff out the desperately needed green transition.

Russia’s military offensive against Ukraine is an act of aggression that will make already worrisome tensions between Nato and Moscow even more dangerous. The west’s new cold war with Russia has turned hot. Vladimir Putin bears primary responsibility for this latest development, but Nato’s arrogant, tone‐​deaf policy toward Russia over the past quarter‐​century deserves a large share as well. Analysts committed to a US foreign policy of realism and restraint have warned for more than a quarter‐​century that continuing to expand the most powerful military alliance in history toward another major power would not end well. The war in Ukraine provides definitive confirmation that it did not.

Less than a week into the war, it seems increasingly likely that Vladimir Putin is heading towards a historic defeat. He may win all the battles but still lose the war. Putin’s dream of rebuilding the Russian empire has always rested on the lie that Ukraine isn’t a real nation, that Ukrainians aren’t a real people, and that the inhabitants of Kyiv, Kharkiv and Lviv yearn for Moscow’s rule. That’s a complete lie – Ukraine is a nation with more than a thousand years of history, and Kyiv was already a major metropolis when Moscow was not even a village. But the Russian despot has told his lie so many times that he apparently believes it himself.

We must do what we can to contain Vladimir Putin’s aggression in Ukraine. But we also need to be clear-eyed about it, and face the costs. Economics can’t be separated from politics, and neither can be separated from history. Here are eight sobering realities: