Michael Grubb discusses three realities about Brexit that need to be recognised in order to move the process forward. There should be time for a wider debate about what sovereignty means which only a long extension can offer. UCL
In a turning point in the government’s approach to CO2 reduction, Chancellor Angela Merkel told parliament her new ‘climate cabinet’ will incorporate latest proposals and research on CO2 pricing in the transport and heating sectors when drafting legislation to achieve Germany’s 2030 climate targets. Clean Energy Wire
Complexity economics draws on strands of the discipline less enamoured of equilibrium. Joan Robinson, a British economist, worried that equilibrium models understated the role of history in determining outcomes. The Economist
On a cosmic time scale, human history is as brief as the blink of an eye. By compressing all 13.8 billion years of time into a 10 minute scale, this video shows just how young we truly are, and just how ancient and vast our universe is. Youtube
M.M.T., as it’s known, is attracting a conspicuous number of fans in an unexpected place: Wall Street. Money managers, chief executives and business analysts maintain that the approach offers several important and overlooked insights, and far from finding it fanciful or deranged. New York Times
More than 40 governments worldwide have now adopted some sort of price on carbon, either through direct taxes on fossil fuels or through cap-and-trade programs. New York Times
Murdoch and his children have toppled governments on two continents and destabilized the most important democracy on Earth. New York Times
Even if he’s a one-term president, Trump will have caused, directly or indirectly, the premature deaths of a large number of Americans. New York Times
We asked Gates to choose this year’s list of inventions that will change the world for the better. MIT Technology Review
Around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households, according to a new study. The Guardian
© Stefan P. Schleicher 2019
