Eugen RochkoI would prefer it if Elon Musk was destroying his site during the work week. This isn't the first time.
Jens van 't Klooster 💸💸💸
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Philosophy & Economics, the ESG anthropocene, technocracy and more | “nonprofit finfluencer” | @UvA_AISSR @Politics_UvA | largely defected to @jvtk.bsky.social
Another Angry Woman
DeanBaker13Should Jamie Dimon get a government salary? https://cepr.net/should-jamie-dimon-get-a-government-salary/
Grateful to EJPE asking me to reflect on the 2022 Nobel Memorial Prize.
So, here is my account of the history of the prize, its defunct microprudential vision and lingering climate skepticism in the Economics discipline.
The piece: https://ejpe.org/journal/article/view/745
The thread: https://twitter.com/jvtklooster/status/1655872569537445889
More creepy stuff
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RT @AnthonyFarnell
A record crushing +31C in Hay River, NWT yesterday and this is just the beginning. An extended heat wave will linger over Canada's north for 10 days or more. It's BY FAR the biggest deviations from normal anywhere on the planet.
https://twitter.com/AnthonyFarnell/status/1654111713740955651
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RT @AnthonyFarnell
A record crushing +31C in Hay River, NWT yesterday and this is just the beginning. An extended heat wave will linger over Canada's north for 10 days or more. It's BY FAR the biggest deviations from normal anywhere on the planet.
https://twitter.com/AnthonyFarnell/status/1654111713740955651
It’s happening
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RT @AssaadRazzouk
Just take a look at the steepness of these trend lines: oil & gas & coal dominance is over
60% renewables and EVs by 2032 (world)
80% by 2040 (latest)
95%+ by 2050
The end of an era is staring us in the face, and not a moment too soon
https://rmi.org/the-energy-transition-in-five-charts-and-not-too-many-numbers/ #climate
https://twitter.com/AssaadRazzouk/status/1654149092904169476
Then on day 2 we get panels the old story: financial risk and getting banks to hold enough capital to weather their own bad investments.
Disappointing schedule for the @BIS_org @NGFS_ Green Swan conference on the very important topic of real economy impact of the climate transition, but then concerning the role of central banks it gets very high level and abstract, basically reflecting a 2015 risk-focus
A speaker like John Hassler, who is responsible for the 2018 Nobel Prize for Nordhaus and a 2022 Prize for banking and financial crises which does not mention climate change, is a weird pick (I wrote him about this and a commentary due to come out at @ErasmusJPE)
Where is the most obvious conundrum today: the impact of higher interest rates on deep sustainable infrastructure investment. These crucial investments have high upfront costs, but after that have a very stable cost profile.