Energy, Climate, New Economic Thinking​

News

U.S. Risks Roiling Oil Markets in Trying to Tighten Sanctions

By pressuring China and India to end or sharply reduce oil purchases from Iran and Venezuela, American officials are seeking to cut off a key economic lifeline for what the administration considers to be two rogue nations that threaten the stability of the Middle East and Latin America. New York Times

Germany considers CO2 price to reach climate targets – Merkel

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

Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street

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