Asking for a climate income to tackle climate change.
On October 25th the Lancet published its annual Countdown on Health and Climate Change report in which it stated that world governments are “putting the health of all people alive today and future generations at risk” by locking in dependence on fossil fuels. On the same day a Unicef report warned that funding has to…
In an amendment to the European Parliament Resolution on COP27 today EU members of Parliamentarians Call for a Fossil Fuel Free Future asked European states to work on developing a Fossil Fuel Non-Proliferation Treaty. They are calling for European states to: End expansion of new fossil fuels projects Phase out current production in line with 1.5ºC…
A Guardian report on the 5th October examines the predictions of a chapter in the current IMF half yearly World Economic Outlook report. It has a chapter titled Near-Term Macroeconomic Impact of Decarbonization Policies. The chapter models the cost of delaying the tackling of climate change until ‘conditions are right’ and current global inflation has…
Despite the General Assembly being preoccupied with the war in Ukraine there was a groundbreaking moment when Vanuatu became the first nation state to sign the Fossil Fuel Non Proliferation Treaty. Press Release from the Fossil Fuel Non-Proliferation Treaty Organisation. NEW YORK CITY – 23 September 2022 Today, Vanuatu called on other nations to join…
Worldwide adverse weather events this summer have reinforced the moral imperative of Loss and Damage funding, in particular the damage caused by flooding in Pakistan, a nation which contributes less than 1% of worldwide greenhouse gas emissions. Last year there were several papers which argued for the solution of a global Climate Income policy to…
The report titled Empirically grounded technology forecasts and the energy transition derives from a collaboration between the Institute for New Economic Thinking at the Oxford Martin School, the Oxford Martin Programme on the Post-Carbon Transition, the Smith School of Enterprise & Environment at the University of Oxford, and SoDa Labs at Monash University. Professor Doyne…
Wouldn’t it be great if there was a policy that provided the finance needed to tackle the energy-bill crisis whilst, at the same time, tackling climate change? Well there is, and all it requires is a small change to a policy already implemented and already supported across the political spectrum—we should continue to provide government…
On the 1st June three former UN climate chiefs, Christian Figueres (2010-16), Yvo de Beor (2006-10) and Michael Zammit Cutajar (1991-2002) wrote a joint article in the Guardian. They state that in February the world’s governments endorsed the IPPC report on Impacts, Adaptation and Vulnerability and thus the statement that… “The cumulative scientific evidence is…
It seems appropriate to be writing about a blog by an Oxfam researcher on this Jubilee weekend as the biblical purpose of Jubilee years was to release the indebted and restore their land to them. Climate change is a symptom of global economic and social injustice. In the debate about solutions carbon pricing is often…
Last year the IMF called for a globally applied carbon price floor corresponding to a country’s wealth, with a suggested tariff in 2021 of $75 for the wealthiest countries and $25 for less developed countries. Today in the Times (paywall) Mehreen Khan, the economics editor, makes the case for an effective international carbon pricing system rather…
