ADAM TOOZE

RT @lea_ypi: “With power seemingly within its grasp, the SPD may be tempted to hand the finance ministry to Lindner. … To grant its wish…

RT @Alex__1789: I was interviewed by the Global Times about "Brazilianization". They kept in more than I thought, but unsurprisingly remov…

RT @jordanschnyc: the fact that senior party members constantly use @Lingling_Wei as therapy to complain about Xi is just the funniest thin…

Useful graph this on the sources of methane emissions showing significance of agriculture and cattle in particular. ft.com/content/73e5f1… https://t.co/b717uFPMV8

RT @FES_GB: If you want to know what's at stake (and the stakes are very high!) in the current coalition talks in Germany between #FDP #SPD…

Domesticated animals emit about 5 per cent of total human-caused greenhouse gas emissions, although that rises to 14.5 per cent when feed production, transport. Mootral pellets can reduce up to 30 per cent of the methane emitted by a dairy cow! ft.com/content/73e5f1… https://t.co/fJ2m26kgpH

RT @BasitMahmood91: Although up to 25 million UK homes have gas boilers, the grants for heat pumps will fund just 90,000 pumps over three y…

@philippilk How the argument you expect plays out WILL depend to a considerable degree on what voices win out in Berlin.

@philippilk I dont think inflation is going to be a big issue in 2022. That is definitely a premise. Hard core transitory. May be wrong. But right now this is all about the Finance Ministry job not the substance of the argument on which I may actually agree with you.

@philippilk @battleforeurope Clearly this is one of the paths we could find ourselves heading down. The urgent imperative right now is to do everything we can to make it less likely. @W_Schmidt_

Carbon confidence fairies are out in force in pages of @FT Not enough steel. Why? All this discouraging talk about decarbonization. Half a dozen other factors in play, but it all boils down to “net zero”. Constructive bit is call for inv in green steel. ft.com/content/6f378c… https://t.co/deAEwvG4l9

Over summer of 2021 concerns about Delta variant seem to have triggered a half-trillion dollar flow of foreign funds into US Treasuries. @IMFNews GFSR imf.org/en/Publication… https://t.co/U6LCvPsUes

RT @danielkopp_: Clear words by @adam_tooze: Christian Lindner "in the German finance ministry is a systemic risk for Europe." https://t.c…

How about it @BellesLettresEd @EditionsduSeuil 😉 twitter.com/x_delcourt/sta…

RT @DanielaGabor: Indeed @adam_tooze add to this mix a monetary 'far more conservative than Weidmann' to take reins at Bundesbank and off g…

What is causing China’s energy crisis? "analysts said policies to tackle climate change were not to blame for the shortages, and instead pointed a finger at policy confusion and coal supply problems.” @primroseriordan Call it a polycrisis? ft.com/content/263b94… https://t.co/Q7lIWlN4jk

German eco-fin policy matters at home, in Europe AND globally. Talk to Obama-era veterans in Biden admin & they GROAN when they remember the days of Schäuble/Brüderle. FDP’s Lindner grandstanding @BMF_Bund would be TOXIC for EU & Transatlantic theguardian.com/commentisfree/… https://t.co/PdWeIHd4Z1

@LavendelVicky @guardian And I left "my country”, or rather my country left me and everyone else like me.

Germany’s coalition talks are reaching critical stage. Finance Ministry job is a critical decision not just for Germany but for Europe. Scholz made a huge positive difference. Lindner’s FDP in job would be disaster. @W_Schmidt_ @OlafScholz know it. theguardian.com/commentisfree/… https://t.co/5GEPeh2GJm

Yup. Lindner would be a disaster for Europe. Apologies for the @guardian blooper on the subhead. Trying to get it fixed URGENTLY! twitter.com/_miller_mark/s…

RT @MGSchmelzer: This is great archival work! It shows that French oil giant @TotalEnergies knew about climate change as early as 1971 (!…

RT @TheStalwart: INFLATION ISN'T JUST THE FED PROBLEM ANYMORE For today's @markets newsletter, I wrote 3 thoughts about inflation, includi…

Beijing is moving to manual override in handling the coal-power problems it is facing. ft.com/content/041b24… https://t.co/yz9tkPsnCc

Nice graphic showing increasing inflation expectations in markets in US, EZ and UK from @IMFNews GFSR. Why no 2-3 band for UK? imf.org/en/Publication… https://t.co/F9vlqC3bh3

Latest Chartbook Top Links just dropped. Edited teaser goes out to folks who sign up for email list. Full edition for paying supporters of Chartbook. Its a bunch of more fun & eclectic links. This week: fascist wine and Yale’s Grand Strategy program. adamtooze.substack.com/p/top-links-27… https://t.co/O7jZIpk2Ah

Ex-China, foreign inflows to EM local currency borrowing has still not recovered from COVID shock. @imfnews GFSR imf.org/en/Publication… https://t.co/peaBXeuGWJ

Brussels will delay long-awaited proposals on how to classify nuclear power and natural gas under the EU’s landmark labelling system for green finance, as member states demand looser rules to help counteract the continent’s energy crisis. ft.com/content/898e6c… https://t.co/r3aopLk1jP

RT @JavierBlas: BREAKING: The London Metal Exchange has introduced emergency measures to ensure “orderliness and continued liquidity” in th…

@NikoLusiani Point well taken, but by the same token, the stranded assets of SOEs immediately impact the public balance sheet. Super interesting discussion this. Thanks.

RT @JHWeissmann: Looking at what kid of GHG reductions we can expect without the CEPP or a carbon tax. From Resources fo the Future. Upsho…

Big story about W Virginia power plants. BUT dont conflate WV coal with WV own dependence on electricity from coal. 3/4 of coal produced from WV mines was shipped out of state in 2019, mainly to almost 20 other states, but also to foreign markets. eia.gov/state/print.ph… twitter.com/ella_nilsen/st…

By 2030, the US needs to invest c. $125 billion in the grid to allow it to handle electric vehicles. The current infrastructure bill before Congress puts about $5 billion toward transmission line construction and upgrades. washingtonpost.com/business/2021/… https://t.co/vmzPE4L1JL

New York state has adopted what it calls the 70-30 goal: 70 percent carbon-free power by 2030. Thats unnambitious given its large nuclear and hydro-capacity. washingtonpost.com/business/2021/… https://t.co/VkFjRhuxyH

Will labour market tightness/ price increases -> strike wave? Cornell IR team count 178 disputes. But @BLS_gov which records only large work stoppages, has documented 12 strikes involving 1,000 or more workers = in line with 2018/9. washingtonpost.com/business/2021/… https://t.co/T3IBr5g8Zx

Hotels employed about 290,000 fewer people in August than in the month before the pandemic, a drop of 17%, and were paying the employees they had an average of $20.83 an hour in August, up 13.3% since before the pandemic. wsj.com/articles/labor… https://t.co/c2OrE2jQSy

Since the Feb 2020 COVID shock, the US workforce has shrunk by 4.3 m workers. Contraction is largest amongst those without college degree and women over 55. wsj.com/articles/labor… https://t.co/wU88YGd77t