Based on the current state of science, technology, policy development and implementation, the probability of meeting emissions targets is doubtful. This means that global temperature rises will, in all probability, exceed the recommended levels, most likely substantially and earlier than projected. The consequent changes in planetary geo-physics and meteorology will be substantial.
Read more...An energy transition refers to a major structural shift in energy systems. There have been several such historical transitions – bio-fuels, such as wood, to water and wind energies and then to fossil fuels. In its current usage, it is used to describe the attempt to replace fossil-based systems of energy production and consumption with renewable energy sources.
Read more...Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial order.
Read more...There are no doubt good reasons for Americans to be concerned about China, but our official justificaitons don’t stand up to scrutiny.
Read more...Given the complexity of the link between climate shocks and financial sector outcomes, the authors argue that current methods have several key limitations that may lead to significant underestimation of potential financial sector losses.
Read more...Emerging economies look to be on the verge of a whole lotta debt hurt. Why does this happen to them so often?
Read more...When you thought the US might finally have hit bottom on the China front, we show we can reach new lows.
Read more...Readouts from a meeting between Anthony Blinken and his counterpart Qin Gang indicate the US and China are barely communicating.
Read more...Neal Stephenson’s geo-engineered world
Read more...The West is trying to use the Ukraine grain deal to stymie Russia…..with ample support from the UN’s Guterres.
Read more...UK maritime insurers are daring to speak up about the way they have become Russian sanctions collateral damage.
Read more...Inadequate grid capacity all over the globe raises doubts about the viability of green energy plans, at least at scale.
Read more...On the decay of executive function, or why just about no one seems able to manage his way out of a paper bag.
Read more...The knives are increasingly coming out for Hungary, which is the only country in the EU willing to speak up about the ongoing insanity of the bloc’s positions regarding Russia and China.
Read more...At least over the time frame of the sanctions against Russia, oil demand had looked inelastic.
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