News

Germany Lays Out a Path to Quit Coal by 2038

Germany will spend tens of billions of dollars to end its use of coal power within two decades, if a plan agreed to by representatives of the power industry, environmental movement, miners and local interest groups becomes official policy. (New York Times)

Carbon pricing dropped from new Franco-German treaty

France and Germany cemented their historic post-war reconciliation with the signing of a new Elysée treaty on 22 January. But the text no longer mentions carbon pricing among new bilateral initiatives. (EURACTIV)

Chilling Davos: A Bleak Warning on Global Division and Debt

In a letter, written by Seth A. Klarman, a billionaire investor known for his sober and meticulous analysis of the investing world, a huge red flag about global social tensions, rising debt levels and receding American leadership is set. (New York Times)

Dani Rodrik: The Left’s Choice

In the face of resurgent right-wing populism, the left’s relative weakness partly reflects the decline of unions and organized labor groups, which have historically formed the backbone of leftist and socialist movements. But four decades of ideological abdication has also played an important role. (Project Syndicate)