Mastodawn

Jens van 't Klooster 💸💸💸May 9, 2023

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

Reflections on the 2022 Nobel Memorial Prize Awarded to Ben Bernanke, Douglas Diamond, and Philip Dybvig | Erasmus Journal for Philosophy and Economics

Jens van 't Klooster 💸💸💸May 4, 2023

More creepy stuff
---
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

Anthony Farnell on Twitter

“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.”

Twitter

Jens van 't Klooster 💸💸💸May 4, 2023

It’s happening
---
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

The Energy Transition in Five Charts and Not Too Many Numbers

The energy transition is driven by the exponential growth of renewables, and the key changes will happen by 2030.

RMI

Jens van 't Klooster 💸💸💸May 4, 2023

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

Jens van 't Klooster 💸💸💸May 2, 2023

Chart falls a bit short of the full omnishambles in terms of homes built per capita/household/etc
---
RT @ZSchneeweiss
Britain’s broken planning system makes home buying a pipe dream https://www.bloomberg.com/news/articles/2023-05-02/uk-housing-shortage-home-buying-becomes-a-pipe-dream-due-to-planning-system via @_DamianShepherd
https://twitter.com/ZSchneeweiss/status/1653279400920506368

UK Home Buyers Thwarted by System That Can’t Build Enough Houses

Government policy changes, a lack of funding and chronic understaffing are blamed for choking the country’s planning system

Bloomberg

Jens van 't Klooster 💸💸💸May 2, 2023

EU fiscal rule madness!
---
RT @seb_mang
Excited to share our new @NEF report co-authored with @DominicCaddick on green industrial policy & how the EU is to plug green spending gaps

Conclusion: Proposed fiscal rules stand in the way of sufficient and inclusive green spending

Read it here: https://neweconomics.org/2023/04/beyond-the-bottom-line
🧵
https://twitter.com/seb_mang/status/1651860340055916544

Beyond the bottom line

How green industrial policy can drive economic change and speed up climate action

New Economics Foundation

Jens van 't Klooster 💸💸💸Apr 30, 2023

The @IEA's persistence in underestimating clean energy is only rivaled by the ECB's ability to predict inflation around 2% in the medium term
---
RT @DrSimEvans
BOOM: IEA more than doubles its 2030 EV outlook in just two years

IEA in 2021:

Electric vehicles will reach 15% of global sales in 2030

IEA in 2023 after IRA, Fit for 55 etc:

EVs will reach 18% *this year* and 35% by 2030

https://www.carbonbrief.org/explosive-growth-means-o…
https://twitter.com/DrSimEvans/status/1651108008405901312

‘Explosive’ growth means one in three new cars will be electric by 2030, IEA says - Carbon Brief

More than one in three new vehicles sold in 2030 will be electric thanks to “explosive” growth in the market, according to the IEA.

Carbon Brief

Jens van 't Klooster 💸💸💸Apr 28, 2023

Deze brief is gemaakt door chatgpt op basis van 1000en uren kamerdebatten
---
RT @boomerbrieven
Niet tegen Europa maar liever weer terug naar de EEG, nu ze klimaatbeleid gaan voeren. Steeds meer voor een Nexit.
https://twitter.com/boomerbrieven/status/1651825196691496961

Brieven van Boomers on Twitter

“Niet tegen Europa maar liever weer terug naar de EEG, nu ze klimaatbeleid gaan voeren. Steeds meer voor een Nexit.”

Twitter

Jens van 't Klooster 💸💸💸Apr 27, 2023

Now @PRoufos rocking it @EUI_History economic thought and the making of the euro
---
RT @PRoufos
I won’t live tweet from the @EUI_EU conference because it’s too distracting but here is @jvtklooster giving his presentation on the ambiguities of monetary financing prohibition and whether it was ever actually implemented (fantastic paper!) https://t.co/JdUU7Etea8
https://twitter.com/PRoufos/status/1651545123535159297

Pavlos Roufos on Twitter

“I won’t live tweet from the @EUI_EU conference because it’s too distracting but here is @jvtklooster giving his presentation on the ambiguities of monetary financing prohibition and whether it was ever actually implemented (fantastic paper!)”

Twitter

Jens van 't Klooster 💸💸💸Apr 26, 2023

---
RT @fwred
🇪🇺 EC updated proposal for fiscal rules includes country-specific technical trajectory, but also "common safeguards to ensure debt sustainability". "The 3% and 60% of GDP reference values for deficit and debt will remain unchanged." 🙈
https://ec.europa.eu/commission/presscorner/detail/en/ip_23_2393
https://twitter.com/fwred/status/1651215575853457411

Press corner

Highlights, press releases and speeches

European Commission - European Commission