Central bank independence and financial market reaction appear to be two more supposed liberal bulwarks against fascism which have, shockingly, failed.

Just a few things I'd like to say about this @hausfath.bsky.social piece. The first is that every 10th of a degree of heating over 2C raises risks for multiple irreversible catastrophes MORE than every 10th of a degree of heating under 2C. That's why the 2C target exists. It's not random. 🧵

How did ESG go from BlackRock's mainstream opportunity to a political battlefield? Christiansen et al's new commentary maps the anti-ESG backlash: 418 legislative proposals, $12B in divested funds, and the rise of explicitly anti-ESG investment products.

Great reflection points: post-neoliberalism isn’t a rupture; it’s the new centrism. A depoliticized consensus language of “place,” “dignity,” and “storytelling” that avoids power, omits justice and climate, and stabilizes elite rule, serving as a rhetorical bridge between left and right elites.

New commentary! I’ve been doing some work on World Bank experiments with trust funds for conservation in the 1990s. It looks like, having run out of other ways to private finance our way out of climate crisis, they’re back at COP 30 with the TFFF. theconversation.com/the-worlds-n...

I've written a short piece on international law, fetishism, and ideology - now out on Legal Form. I suggest that international law is an ideological fetishism of international relations.

I'm very happy that my dissertation about legal expertise in climate finance was accepted for defense, which will be on November 24th, 14:00 CET. For those interested in listening in online, there's more info here: ruc.dk/en/events/lu... :)

🚨New Article Out! “The Scottish Road to Net Zero: Corporate Welfare and Assetization Cascades” The article focuses on the evolution of the land-based natural capital market in Scotland in light of the country's net zero efforts.

The fact that not only is the amount of CO2 in the atmosphere is still increasing, but the *rate of CO2 increasing* in the atmosphere is still increasing is true nightmare stuff.

#Denmark politicians wage a #culture #war on #academia —with @roskildeuni.bsky.social as their go-to target. These attacks are assaults on #freedom, #rights and #democracy. We spoke out: @berlingske.bsky.social : www.berlingske.dk/synspunkter/... @politiken.dk : politiken.dk/debat/debati...

Me and a bunch of brilliant colleagues got an op-ed responding to the recent political attacks on Roskilde University in the Danish newspaper Politiken today.

Hostility towards #academia and #immigrants is widespread. #Denmark is no exception. Under political and media pressure, earlier this week @roskildeuni.bsky.social decided overnight to close its Master's degree in Business Administration and Leadership (BAL) from 2026. 🧶 1/20

Governing through guesstimates: mock precision in international organisations, by Lukas Linsi, Seiki Tanaka, Francesco Giumelli, & @lenseabrooke.bsky.social

I'm hiring two Post-Doctoral Fellows in International Political Economy/Economic Sociology as part of the ADD project funded by the Velux Foundation. The posts are linked to an AI Sustainability package led by Christina Lioma at KU and me at CBS, drawing insights from comp sci & political economy.

“Historically, science fiction has served as a playground for radical imagination, challenging oppressive systems and imagining alternatives. But in Silicon Valley, the genre’s emancipatory potential has been stripped away, repurposed as a legitimizing script for what I call reactionary futurism.”

This is very good so far but one thing it doesn't have is a visual representation of just how far these companies are from breaking even on their AI-related capex:

Deutschland muss zur Einhaltung des 1,5-Grad-Ziels bis 2035 aus fossilem Gas aussteigen. Trotzdem lobbyiert Siemens Energy weiter für den ungebremsten Ausbau von Gaskraftwerken. Fakt ist: Sauberes Gas ist eine dreckige Lüge! Mehr dazu im neuen Bericht von urgewald: www.urgewald.org/shop/siemens...

🚨New article out with @mattvermeir.bsky.social in @compchange.bsky.social: "Rolling out the Wall Street Consensus? MDBs & the Trilemma of Private Capital Mobilization" We examine why MDBs are failing to deliver on the promise of "mobilizing trillions" for the SDGs👇 Here:

🔥 ⚖️ 🌐HAPPENING NOW: Historic #ClimateJustice Ruling being delivered by the 🇺🇳 🧑‍⚖️ International Court of Justice. 🚨This ruling could signal a new dawn for climate law & accountability 📝 🧵 Live thread below with context, summary & analysis 👇 #ClimateJusticeAO #AOLetsGo

This article now has a volume & issue number 🥳

📢 Publication alert – How often have you thought "Oh, that's a bad policy"? Then this is the right book (OA) for you: "Ineffective Policies: Causes and Consequences of Bad Policy Choices", co-edited by Roberge, McKeen-Edwards & Campbell-Verduyn. ⬇️ /1 bristoluniversitypressdigital.com/edcollbook-o...

Teaching the political economy of the green transition this term, I used, and learned from, some amazing 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐩𝐨𝐥𝐢𝐜𝐲 𝐭𝐨𝐨𝐥𝐬 𝐚𝐧𝐝 𝐭𝐫𝐚𝐜𝐤𝐞𝐫𝐬. A 🧵 on some of the best. Further suggestions are very welcome, I'll add them below.

4. Lukas Bogner wrote a great piece on the role of law and transnational expertise in shaping the 'asset coding' of green finance that upholds many pillars of conventional finance (and hence limits its effectiveness) journals.sagepub.com/doi/10.1177/...

a few years in the making: our special issue on the IPE of Green Finance is complete! 🧵on its content: 1. Sarah Sharma and I wrote a (long) editorial introducing the idea of a green finance ecosystem and calling for a 'deep engagement' of IPE w. gr. finance 👇 journals.sagepub.com/doi/10.1177/...

I had some fun writing an accessible text for learners seeking resources to problematize mainstream economics. This is especially meaningful to me because since my bachelor's in economics, I have spent much of the past decade thinking about how to study politically the economy shorturl.at/lohRl

The Guardian dropped this piece on third party funding of ISDS cases yesterday - I can very much recommend the 2021 RIPE article by Dafe & Williams covering this for further reading doi.org/10.1080/0969...

Tax havenry as a climate adaptation strategy - that's a new one

3 lessons here: 1/ fossil asset owners will keep these assets as long as gov'ts will let them. 2/ oil and gas net zero pledges are an elaborate distraction -- both for ESG optimists and consumers 3/ liberals take note: the market won't supply decarbonization. www.theguardian.com/business/202...

@danielagabor.bsky.social on the revamped wallstreet consensus under Trump 2.0 www.phenomenalworld.org/analysis/how...

This is an excellent paper, must read for people interested in the shortcomings of private finance for development/climate. rgs-ibg.onlinelibrary.wiley.com/doi/10.1111/...

journals.sagepub.com/doi/10.1177/... New paper just out with @callumbray95.bsky.social in Competition & Change part of the special issue by @mbabic.bsky.social & Sarah Sharma

"we never thought leopards would eat our face" cry fossil fuel industry bankrolling the leopard eating people's faces party www.api.org/news-policy-...

Although I've read about the offset-related land rush before, the scale is absolutely mind boggling to me. (from the new polycrisis newsletter, as always a great read!) www.phenomenalworld.org/analysis/pol...

🚨New paper by the Uni Witten SuFi Project in @finandsoc.bsky.social Channels of influence in sustainable finance: A framework for conceptualizing how private actors shape the green transition www.cambridge.org/core/journal... A 🧵 on our main arguments:

The Danish Institute for Human Rights looks for a law/policy person (not necessarily a lawyer) specialised on business and human rights - including a focus on a human rights angle to sustainable finance on EU level. My former colleagues there were very nice! candidate.hr-manager.net/ApplicationI...

Now out with New Political Economy: What's going on in the legal back-end of 'innovative' climate finance constructs? I provide some additional clues to why it's so hard to de-risk private climate finance by public means. Open access, too! www.tandfonline.com/doi/full/10....

Now out with New Political Economy: What's going on in the legal back-end of 'innovative' climate finance constructs? I provide some additional clues to why it's so hard to de-risk private climate finance by public means. Open access, too! www.tandfonline.com/doi/full/10....

Last year‘s summer academy has been fantastic, 10/10 recommendation if you’re into the intersection of law and political economy!

excellent new paper on green economic planning from excellent CBS colleagues @jhasselbalch.bsky.social & Cornel Ban, drawing on lessons from post-war indicative planning, contemporary industrial policy & corporate planning 🌻 www.tandfonline.com/doi/full/10....

"One concern is that one big catastrophe could overwhelm the new fund."

A plea to critical social scientists and theorists to not only criticize modes of exploitation, domination, and extraction but to also construct emancipatory alternatives. Based on a plenary talk I gave at the Critical Sociology conference this past summer: journals.sagepub.com/eprint/AUIDX...

"To argue that scarcity in public financial capacity justifies and demands a reliance on private finance is deeply irresponsible." Recommended read to make sense of COP29 - @advaitarun.bsky.social for @the-breakdown.bsky.social on "mobilising private finance" www.break-down.org/post/downwar...

The COP draft text waves at 'improved mobilization of private finance' to fill the gaps in inadequate climate finance from rich countries. So, I must again shout into the void: 1) This won't work. 2) The real question is why people keep trying to make it work. www.tandfonline.com/doi/full/10....

My first single-authored paper is out in Competition & Change as part of a special issue on the IPE of Green Finance by @mbabic.bsky.social and Sarah Sharma! journals.sagepub.com/doi/10.1177/...

How long before a heist/scam steals the carbon credits somebody held in their crypto wallet as a speculative asset?

COP28: For all of the good research on domestic institutions, state capacity, climate vulnerability, norm campaigns, etc. etc., still the single best predictor of a country's climate preferences is ... how important fossil fuels are for its economy. Pol Econ FTW.

Climate disasters raise insurance prices, preventing resilience investments, worsening disasters―but fixing insurance won't break this doom loop. Why not? My latest for @phenomenalworld.bsky.social maps out how financial markets aren't fit for purpose: www.phenomenalworld.org/analysis/the...

Publicly mobilized private climate finance stagnant since 2017 according to yesterday's OECD climate finance report. Pretty wild it's not even making meager progress given the amount innovative private finance is talked about at MDBs, COPs, etc.

The Ørsted pull-out from New Jersey indicates that the costs of this hiking cycle for the energy transition are going to be massive. Exactly what @jvtk.bsky.social has been warning of for two years. www.washingtonpost.com/climate-envi...