🚨NEW PAPER🚨 We all know the 2022 energy price shock fueled the cost of living crisis. It also caused a profit bonanza for the very rich. We show the US reaped the largest profits ($377bn) of any country. 50% went to the richest 1%, only 1% to the bottom 50%. A🧵 www.sciencedirect.com/science/arti...

Shameful

If you've been reading that fantastic new paper by @dasalgon.bsky.social & @tevoelker.bsky.social on how mainstream parties lose if they adopt far-right issues: We looked at a case study & found similar dynamics for media. This was partly based on data from Daniel & Teresa!❤️ bsky.app/profile/curd...

Carbon offsets, though widely used, often fail to deliver real emission cuts. They undermine global climate goals by enabling polluters to avoid reducing fossil-fuel use.

What the budding turnaround looks like is that China has since early 2024 covered its energy demand growth almost fully from clean energy - for the first time without a sharp slowdown in demand growth. A great achievement given rapid growth and vast scale of China's energy use.

"wir haben natürlich im Stadtbild immer noch dieses Problem" Ein Satz so monströs, dass er aus einer Gedankenwelt stammen muss, die im Wesentlichen ununterscheidbar ist von einer rechtsextremen Gedankenwelt. Dass ein Kanzler einen solchen Satz mit dieser Beiläufigkeit sagt, ist eine Katastrophe.

New report out now with @granthamlse.bsky.social CETEx: "A framework for central banks navigating political uncertainty in the transition" cetex.org/publications...

postmodern finance theory

"50 % of profits went to the wealthiest 1 % of individuals, predominantly through direct shareholdings and private company ownership. In contrast the bottom 50 % only received 1 %." It was a cost-of-living crisis only for the many. #Inequality www.sciencedirect.com/science/arti...

Actually really good point, there's so little discussion of how much temperature is already baked in in current C02 levels! I normally don't consider how much warming is baked in post-2100 at current ppm levels, does anyone know?

"A growing number of studies have found that the most widely used offset programs continue to greatly overestimate their probable climate impact often by a factor of five to ten or more. " www.annualreviews.org/content/jour...

China's clean energy technology exports continued strong growth in August, increasing 33% in dollar value year-on-year, with EVs +58%, solar +18%, wind +15% and batteries +23%. Exports grew to all regions except North America, evidencing strong demand.

New paper with @glenpeters.bsky.social in Nature Communications today. We show how models and studies with a lot of scenarios in the IPCC scenarios database have a large impact on key findings, including emissions reductions, net-zero GHG year, and coal, gas, and oil consistent with 1.5°C.

At this rate of decline, the Annual Maximum Arctic Sea Ice Volume (in April) will be as low as what the Annual Minimum (in September) was in 1980... by the early 2040s. Think 'bout that.

I don’t know if this will work but the amount of experimentation in energy storage tells me that they will come up with an answer quickly enough to support a rapid build out of wind and solar. techannouncer.com/form-energys...

Renewables are a masterclass in learning-by-doing. Each doubling of deployment cuts costs via experience curves: better manufacturing, finance & supply chains. Result: Solar now cheapest new power in many regions Falling battery costs enable flexibility Electrification gets more attractive

Klar. Nix verbieten, alles dran setzen, dass CO2 verschwindet, wenn es den Leuten zu teuer wird, dann feststellen, dass die Leute unzufrieden werden, wenn ihr Zeug zu teuer wird, dann den Preis lieber wieder senken. Das ist so absehbar wie dämlich. Sterben wir halt aus. Was soll's... ist verdient.

Soviel zur nuklearen Alternative

BREAKING 🌍🌡📈 The German Meteorological Society and Physical Society warn today that 3°C of global warming could be reached already by 2050! Global warming is accelerating - A call for decisive action 1/8

Die Karte zeigt: welche Gebiete haben sich seit dem 19. Jh. mehr und welche weniger als der Durchschnitt erwärmt. Das entspricht dem, was Klimamodelle vorhergesagt haben: Meere erwärmen sich langsamer. Man sieht auch die Kälteblase im Nordatlantik durch die Abschwächung der Atlantikströmung #AMOC.

one of those drop everything and just read it things …. www.netzeropolicylab.com/china-green-...

Seven of nine planetary boundaries now breached – ocean acidification joins the danger zone," says PIK director Johan Rockström presenting the key findings of the Planetary Health Check 2025 today. #PlanetaryBoundaries ➡️ www.pik-potsdam.de/en/news/late...

Ihr wollt verstehen, warum die Preise steigen, aber haltet den Handelsverbands-Chef für eine unpassende Quelle? Schaut euch diesen Überblicks-Text zur Debatte um die #Profit-Inflation an, den Theresa Walter für @pluraleoek.bsky.social produziert hat. 👇 www.exploring-economics.org/en/discover/...

Bei der Deutschen Bahn könnte nach jahrelanger Stagnation ein Aufbruch beginnen. Eine Studie zeigt, was jetzt für eine soziale und ökologische Wende nötig ist.

I'm SO CLOSE to dropping all concern for life on planet earth and going all out hedonism, don't push me people

Morgendlicher Rundgang zum Checken der Schlagzeilen und ich drehe endgültig durch. Die gesamte Presse berichtet über ein pur amerikanisches, rechtsextremes Propagandavehikel als sei es eine superwichtige Societyveranstaltung gewesen. "Die Queen ist tot"-Größenordnung. Absoluter Wahnsinn.

We insist on pushing oil sources that are not needed to meet energy demand, more expensive than renewables, create billions in looses that will surely not be covered by the industry, and create insane human and economic climate damages. The loose-loose-loose art of the deal. What for?

Interesting-looking new study finding that "the global aviation sector’s impact on global warming continues to increase even under the most ambitious mitigation scenarios" cell.com/one-earth/fu...

key passage

Wäre ich ein deutsches Pressemedium, würde ich vor Scham ein Jahr nicht erscheinen

The oldest trick in the climate delay playbook: 1. Rule out all other measures as unnecessary and counterproductive because we will introduce CO2 pricing 2. Then rule out CO2 pricing because it would make things unaffordable 3. Checkmate

Counterpoint: The proposals are so preposterous and impossible that they show we must stop burning fossil fuels or everything's going to be terrible. There's no other way.

Folks, he's too modest to say, but Andrew Dessler has led and coordinated a full-court scientific response to that execrable, climate-denying "report" from the DOE. It was a massive effort, accomplished in mere weeks. And the response itself is of historic importance, because... 1/2

I think this is it. Despair is easy and you get to feel wise, and it doesn't really place any obligations on you or force you to speak out or do anything, really.

Econ 101 (and it's true, too): At some point in time, real estate and other markets in 🇪🇺 and elsewhere will expect heavy climate shocks. 👇 Anticipation is a very powerful market force, and despair is bad for growth. Best to use the time now: renew and electrify.

I can't, conservative traffic policy is a nightmare for this city

The longer you look at this story, the worse it gets, promised!

Falschparker möchte niemand einknasten für die Erschleichung von Leistungen, merkwürdig.

We, and young people, need help from people who understand the essence of climate science. See Forest versus Trees - columbia.edu/~jeh1/mailin... or its abbreviation - mailchi.mp/caa/seeing-t... also available on my Substack - jimehansen.substack.com/p/seeing-the...

Remember how — OMG — Chinese solar deployment fell 80+% between May and June of this year, all due to China phasing out its solar feed-in tariffs on June 1? Funny thing: incentives incentivize. They mirrored what we saw in Germany in 2004-06 to the dot.

📢 #HIRING Do you have energy transition expertise in #Indonesia or #Mexico? The @energy.iisd.org team is looking for Senior Consultants to help shape national energy policy priorities & support decision-making on equitable oil and gas sector transitions. Interested? Apply now! buff.ly/asIqhWC

"PhD-level experts in your back pocket" is a completely nonsensical description of AI but a pretty good description of social media if you follow the right people

“Allianz estimates that the cost of economic losses from natural catastrophes is typically around 10 times higher than the cost of adaptation.” Sounds like a call for political leadership. I wonder how that’s going to work ….

The deeper problem - perhaps the fundamental problem in this area - is that we have organized housing so that provision of a basic service is completely intertwined with a speculative asset market. The long run goal should be to disentangle them.

It's worth emphasizing here that this is not a problem with rent regulations as such. Any change in the housing market that resulted in slower rent growth - including Abundance-style deregulation - would be causing over leveraged landlords the exact same distress.

Wer die Maus angreift - greift uns alle an!

Great paper on aligning financial institutions with climate goals, recommend!