Energy
News
Taxing new plastic is the cheapest way to address its environmental impact
The market is able to ignore the greater environmental burden of virgin plastics. Economists have known that the most efficient way to address this is to level the playing field by making users of virgin plastics pay for the added costs the virgin plastic adds to the globe.Â
‘Please put a price on carbon’, says Europe’s biggest utility
Countries need to put a price on carbon to help the world cut greenhouse gas emissions and limit climate warming to agreed targets, the head of Europe’s biggest utility said on Tuesday.
Fossil fuel industry gets subsidies of $11m a minute, IMF finds
The fossil fuel industry benefits from subsidies of $11m every minute, according to analysis by the International Monetary Fund. The IMF found the production and burning of coal, oil and gas was subsidised by $5.9tn in 2020, with not a single country pricing all its fuels sufficiently to reflect their full supply and environmental costs.
Reports
Going for Growth 2019 (OECD)
Slow growth, high uncertainty and rising levels of inequality should prompt policy makers to take urgent action to achieve stronger, sustainable and more inclusive growth, states the OECD’s annual Going
Decarbonizing the US Economy: Pathways Toward a Green New Deal
The Roosevelt Institute recently published a report called “Decarbonizing the US Economy: Pathways Towards a Green New Deal”. In the report, they argue that a fast decarbonization program is in
World Economic Situation and Prospects as of mid-2019 (UN/DESA)
Attached is the UN’s Department of Economic and Social Affairs’ World Economic Situation and Prospects as of mid-2019, which was launched in New York on 21 May 2019. This updates