News

Business Leaders Commit to a Clean Economic Recovery

With pressure mounting in some quarters for a return to “normal,” there can be no delay in planning for the post-pandemic future. Unless the world’s leading businesses commit to rebuilding on an entirely new foundation, another global crisis will be inevitable. Project Syndicate

We’re not going back to normal

Social distancing is here to stay for much more than a few weeks. It will upend our way of life, in some ways forever. To stop coronavirus we will need to radically change almost everything we do: how we work, exercise, socialize, shop, manage our health, educate our kids, take care of family members. MIT Technology Review

Jeffrey Frankel: Will the Coronavirus Trigger a Global Recession?

The COVID-19 outbreak seems to have raised the odds of a global recession dramatically. But even if no downturn materializes in the near term, the outbreak, together with US President Donald Trump’s trade policy, may herald the end of the era when steadily rising international trade buttressed global peace and prosperity. Project Syndicate

Gernot Wagner: The True Price of Carbon

For decades, economists have been wrestling with how best to weigh the current cost of emissions reductions against costs that will come years or even centuries from now. But a consensus has proved to be elusive, because traditional economic models don’t treat atmospheric carbon like an asset. Project Syndicate

A Cold War lesson for the climate change era: Why we need a Fossil Fuel Non-Proliferation Treaty

UN climate negotiations alone are unlikely to result in the rapid decarbonization that is needed. Now is the time for a new international treaty to get to the root of the problem, by addressing fossil fuel supply—with wealthy nations moving first and fastest. Drawing on the model of the nuclear treaty, a Fossil Fuel Non-Proliferation Treaty, like the nuclear treaty before it, would be constructed around three main pillars: non-proliferation, disarmament, and peaceful use. Bulletin of the Atomic Scientists

Demis Hassabis, co-founder and CEO, DeepMind, on AI’s potential

The promise of AI is that it could serve as an extension of our minds and become a meta-solution. In the same way that the telescope revealed the planetary dynamics that inspired new physics, insights from AI could help scientists solve some of the complex challenges facing society today—from superbugs to climate change to inequality. My hope is to build smarter tools that expand humans’ capacity to identify the root causes and potential solutions to core scientific problems. The Economist