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This is my favorite climate change chart. Japanese monks, aristocrats, and emperors kept meticulous records of cherry blossom festivals for 1,200 years and accidentally built the world's longest climate dataset.

An economist friend passes along this graph of energy costs. He says, "Given this history, it is more than a little ironic that renewable energy is derided by fossil-fuel proponents as 'unreliable.'”

📢 Updated EBI working paper out 📢 ➡ “Cryptomercantilism vs. Monetary Sovereignty. How stablecoin laws shape the battle for international monetary supremacy“ (with Edoardo Martino and Eric Monnet) ⬅ Available #openaccess at @ssrn.bsky.social papers.ssrn.com/sol3/papers....

Solar and wind being 'intermittent' resources is not a real problem.

Global events are *screaming at the top of their lungs* that it's a terrible idea for your country to be addicted to fossil fuels. The lesson could not be more blunt & obvious. But of course incumbent interests have a lock on the information sphere, so only a little squeak is actually getting thru.

“Proactive in hiking prices” is one (funny) way of saying sellers’ inflation. @isabellamweber.bsky.social @jvtk.bsky.social

We are hiring a tenure track (!) senior researcher in political economy! This is obviously a great job (permanent without teaching obligation) and I hope you all apply. However, I would like to take a moment to share just how significant this is in the German academic context ⬇️

Centrale banken zitten in een niet erg benijdenswaardige positie: de inflatie loopt op door Trumps Iran-oorlog, maar is dat reden de rente (snel) te verhogen? En: hoe kunnen ze ons helpen minder afhankelijk te maken van fossiele energie? Ik was te gast in @nrc Vandaag www.nrc.nl/nieuws/2026/...

A reminder that The Almighty Dollar, a product of seven years of research and writing, a book that dragged me into academia and in the direction of madness, is available on May 19th of this year. People who have read it seem to like it! www.penguinrandomhouse.com/books/634502...

Which is why this is so significant. If you've been wondering what managed decline was going to look like, look no further, this is it. www.ft.com/content/1198...

The EU remains highly exposed to external shocks through trade, cross-border finance, and energy price shocks. The euro often weakens when GPR increases, especially when the shock is directly relevant for Europe, even if the relationship is not mechanical over the full sample.

So glad polycrisis is over ;) @katemac.bsky.social buttondown.com/polycrisisdi...

58/ A domino effect where the fallout gets bigger and bigger... if we run out of feedstock, eventually refiners are going to shut down hbr.org/2026/03/the-... "These "oil and gas are in everything" graphics are about to get very real super quick for a lot of people." -- @roryjohnston.bsky.social

The economic fallout from the Strait of Hormuz isn't a hypothetical — it's already there. Most people in Europe and the US just can't feel it yet. A threat on our new @newstatesman1913.bsky.social article: what's heading our way, and why the burden won't be shared equally. 1/

This is the largest oil supply shock in history in mb/d The enemy gets a vote. Iran is now delivering pain to Trump via multiple paths (1) Gulf Kings (2) Financial meltdown (3) AI tech oligarchs (4) Fuel, fertilizer, food disruptions Read our Polycrisis Dispatch: buttondown.com/polycrisisdi...

Western carmakers are retreating from EVs just as oil hits $100 a barrel. The parallels with Detroit in the 1980s are striking. They ignored fuel-efficient Japanese cars. Now they’re ignoring Chinese EVs. BYD just unveiled 600-mile range and 250 miles of charge in 5 minutes.

Do we understand the politics of this kind of cost-shock inflation (and the policies that might help address it)? I think not so much: www.annualreviews.org/content/jour...

"How does hiking rates help with oil price shocks" It's not that central bankers don't have any answers to such questions. It's more they often seem embarrassed to give those answers

The Greens are the only party in Europe that is serious about price stability

Meanwhile, Spain's massive investment in renewables is paying dividends now: with prices for Spanish industry and consumers low and stable compared with other European economies. www.ft.com/content/ac77...

Strategically it’s incredibly clever the EU is eroding the key levers of the green transition. As a net oil and gas importer being susceptible to repeated geopolitical supply and terms of trade shocks is just such a great place to be.

Why rivers in the far north are turning orange - brightly coloured waterways in the Arctic are a sign that permafrost is thawing, with potentially hazardous consequences #climatecrisis www.ft.com/content/2ffa...

amazing Merz came back from China peddling neoliberal 'we dont work hard enough' nonsense instead of ' the Chinese State can do industrial policy like no one else' He's the Keir Starmer of Germany, learning nothing, doubling down on the same disastrous strategy

This was a lot of fun!

go big or go home: get chatGPT to set the interest rate

The primary role of central banks is now to defend monetary sovereignty, discuss

🟢 TOMORROW at 13:00 CET! Join our webinar "Green euro rising: Positioning the € as the world's green currency" 👉 calendar.boell.de/en/green-eur... @apsmolenska.bsky.social @jvtk.bsky.social @heathergrabbe.bsky.social @katie0martin.ft.com @antonmoeller.bsky.social @ecb.europa.eu

At least in the US, Epstein seems to have played the role mythically ascribed to Klaus Schwab, who ultimately turned out to be just a Conference Organizer (a job I too once had).

🟢 Webinar Tue 24/02 13:00 CET, with @apsmolenska.bsky.social @jvtk.bsky.social @heathergrabbe.bsky.social @katie0martin.ft.com → How shifting 🇺🇸 policies open space for € internationalisation → Why the € is becoming the currency of choice for clean energy → What this means for 🇪🇺 strategic autonomy

"Zo ongeveer de hele energie-intensieve industrie van Europa wil dat de afbouw van CO₂-emissierechten in het emissiehandelssysteem stopt. Dat zou de bodem onder het Europese klimaatbeleid wegslaan, en de pas aangescherpte doelen van de Green Deal onhaalbaar maken.." fd.nl/politiek/158...

If China's emissions had kept growing at previous levels emissions would like, what, maybe a full GIGATONNE higher....the area of avoided emissions here is like deleting the emissions of entire countries. This is happening at a scale that will very clearly have an effect in lessening disasters

Still satisfied with your #gmail / #outlook / #hotmail or other US e-mail account? 🤡 Here you can find alternatives from countries that in fact DO have freedom of speech & thought: buy-european.net/en/alternati... #BuyEuropean #deGoogle

New in @finandsoc.bsky.social: ‘The non-death of Adam Neumann’, unpacking the return of WeWork’s disgraced founder. It’s about Silicon Valley’s ambivalence to failure & fraud, and how venture capital rewards already-powerful, ruthless and deceptive serial founders. www.cambridge.org/core/journal...

🟢 US policy shifts are opening doors for the € as the world's leading green currency. With 50%+ of global green bonds already in €, can 🇪🇺 leverage this advantage? 📅 Join our webinar on 24/02, 13:00 CET ✅ Register here ▶️ calendar.boell.de/en/green-eur... @jvtk.bsky.social @apsmolenska.bsky.social

Breaking News! Code Yikes! January data from PIOMAS was just released, showing the average Arctic ice volume for January, 2026, was 2nd lowest on record since 1979, just slightly higher than the record January low volume set in 2017. The Climate 8-ball says, "No BOE for you!"

For those familiar w/ "ARkStorm/ARk2.0" flood scenarios for California, a comparable event has been unfolding on the Iberian Peninsula. These ridiculous rainfall accumulations, caused by a long series of extremely moist atmospheric rivers, have brought widespread severe flooding to Spain & Portugal.

Für Medienschaffende ist der Umgang mit der extremen Rechten zugegebenermaßen nicht immer einfach. Aber ein Lifestyle-Interview mit Chrupalla sprengt jeden journalistischen Rahmen. Hier wird nicht nur eine Plattform geboten, sondern extrem rechte Politik aktiv normalisiert. 🤯

Lucky Ken Rogoff, to be reviewed in @nybooks.com in such excellent company. www.nybooks.com/articles/202...

Back in 2020 it wasn't a good career move in the climate space to shit talk Bill Gates' and point out his climate hypocrisy. I was the only person quoted in an article on that issue in a VICE piece. And that was before we knew of the Epstein connections. However, I was right.

‘The International Energy Agency reckons that if the current global expansion of data centres continues, the CO2 emissions for which they are responsible, currently around 200 million tonnes per year, will be about 60 per cent higher by 2030.’ Donald MacKenzie on AI. www.lrb.co.uk/the-paper/v4...

This chart seems to suggest a striking pattern: Kevin Warsh's speeches are consistently hawkish, except when Trump is President and about to appoint a new Fed Chair. www.economist.com/finance-and-...

Big step for the ECB, but also, no good reason why offering collateralised loans to other central banks had to involve so much drama - you can lend on these terms to the Sparkasse Saarbrücken, why not Banco Central do Brasil?

Exclusive: The European Central Bank is working on opening up its liquidity facility to more countries, making it cheaper and easier to access in a bid to foster the international role of the euro, three sources told Reuters reut.rs/4r2973D

Interesting move from the #ECB, especially in light of the calls to strenghen the international role of the #euro : most of them consider the expansion of the swap lines as a mandatory first step to internationaliste the euro cc @shahinvallee.bsky.social @jvtk.bsky.social @steffenmurau.bsky.social

!!!!

🚨 The political economy of finance summer school is back, 3rd year running! Better still: We're bringing it to London via @lse-ei.bsky.social. 𝐓𝐨𝐩𝐢𝐜: Finance & democracy 𝙳̲̲𝚊̲̲𝚝̲̲𝚎̲: 4-5 June 2026 𝘈𝘱𝘱𝘭𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘥𝘦𝘢𝘥𝘭𝘪𝘯𝘦: March 1. Link below. We've got brilliant instructors as usual. Please spread the word!

I did not plan it this way, but I have a book on the dollar coming out on the 250th anniversary of the American Revolution and the whole theme of the book is that the dollar is not in fact 250 years old www.penguinrandomhouse.com/books/634502...

I don't say this often but: I'm so proud to be a climate and environment reporter. We cover an issue that is vitally important to humanity and the natural world. 14 of my climate colleagues at the Post were laid off today and I'm devastated. www.climatecoloredgoggles.com/p/washington...