Fossil fuel industry sells carbon capture and storage as the magic bullet for the climate crisis. Right now 21 plants in operation. Mainly being used to BOOST production from flagging oil fields. @insideclimate insideclimatenews.org/news/25092020/… https://t.co/x0uPMi5jgY
Ok the candidate list for “peak 2020” just keeps getting longer and longer. This is John Brennan ex-Obama CIA director quoting John and Oko …. twitter.com/JohnBrennan/st…
Where is the eurozone’s labour market heading? Excellent round up of latest EU labour market data by @senoj_erialc ftalphaville.ft.com/2020/10/07/160… https://t.co/VzAns8G7Ue
Credit to large US corporations has surged in 2020. But credit to SME has expanded rapidly as well. @IIF via @SoberLook thedailyshot.com/2020/10/08/stu… https://t.co/YMZnVX3TqC
There are 21 large-scale carbon capture and storage schemes operating worldwide. They are mainly used to pump CO2 into aging oil fields to boost production -> climate benefits are dubious at best. @insideclimate insideclimatenews.org/news/25092020/… https://t.co/kyK2minHN0
Fascinating-sounding new biography by Natalya Semenova of turn of the century Russian art collector Ivan Morozov. Along with Tretyakov and Shchukin her helped urned Russia into one of great repositories of modern French art. ft.com/content/0fb9f0… https://t.co/WGKb4qcVhF
Renewable energy production is surging in US, but as a share of total energy portfolio it is still painfully smalll. @pearkes @TheStalwart via @SoberLook https://t.co/IvSmiY3i6X
Public Investment in Adaptation to Climate Change: Needs and Aid Flows Currently aid flows running at $10bn would need to double to meet needs. Bangladesh is key. imf.org/en/Publication… https://t.co/11G8lnZHhm
"For China’s leadership today, the problem is not so much keeping China fed but rather providing middle-class Chinese consumers with the foods they desire at prices they can accept.” -> pork not rice is the issue. @cdcshepherd ft.com/content/9790db… https://t.co/MtcG4VfZGO
Tim Mitchell’s thesis in Carbon Democracy about ME oil displacing labour-intensive coal should be taken with huge pinch of salt. Through to the 1980s coal dominated electricity generation both in US and Europe. Labour displacement happened WITHIN coal. @blackrock via @SoberLook https://t.co/HCzq6i6djv
Dematerialization is NOT a helpful way to think about modern economic development. Point well argued by @jasonhickel in @ForeignPolicy foreignpolicy.com/2020/06/18/mor… https://t.co/HwgMlS3QZA
As foreign investors have sold Indonesian, Thai and Malaysian domestic currency bonds, central banks, but above all local banks have stepped in to finance deficits. @IIF via @SoberLook https://t.co/TD8R5Fo2sH
"Historians and the Planet", this new essay by Christophe Bonneuil needs translating. Brilliant on the regime of “planetarity” around 1900. https://t.co/pX7T7HHCWI
Drug companies like drugs on which they can earn sustained profits w/o unleashing backlash about unfair pricing. Antibody treatment for COVID touted by Trump is not that drug. But it will make friends for Regeneron in DC who will help with those that are. ft.com/content/70672e… https://t.co/X6wHS1d4xq
The downward pressure on Turkish lira is relentless. @TS_Lombard via @SoberLook thedailyshot.com/2020/10/08/stu… https://t.co/eDKT3HR5VG
Beijing on Thursday joined the $18 billion Covax initiative that aspires to give lower-income countries the same access to vaccines as wealthier nations, bloomberg.com/news/articles/… https://t.co/dVlHMZ7qbO
RT @diacritik: Emmanuel Guy : "Le Jeu de la guerre peut permettre une relecture stratégique de la vie et de l’œuvre de Guy Debord" entretie…
RT @michaelbauer_hh: Several critical voices (incl. on #econtwitter) have questioned the push by the @ECB to incorporate #climatechange con…
Obituary of activist Swami Agnivesh in @TheEconomist draws attention to problem of bonded labour in India. economist.com/obituary/2020/… This Reuters report of 2018 cites official figures of 18 m people held in debt-bondage. Other sources suggest 14 m. reuters.com/article/us-ind… https://t.co/jGN4pQtCln
Good news from Italy! Italy's industrial production grew more than in any other major European economy, nearly closing the gap with last year’s level and pointing to a stronger than previously forecast recovery. @valentinaromei ft.com/content/baea6c… https://t.co/WrcGyzzKvo
Europe’s short-time working schemes might be thought of as a new form of “automatic” stabilizer. Not so much a jobs guarantee as a pay guarantee. They wind up and down depending on state of labour market. @senoj_erialc ftalphaville.ft.com/2020/10/07/160… https://t.co/BoWQj1Za1b
RT @WarshipPorn: [2054 x 2795] HMS Hibernia in dry dock, Malta likely between 1855-60 from /u/An_Anaithnid at #WarshipPorn ➡ https://t.co/i…
The growth in global wealth of billionaires around the world since 2009 has been staggering. But the surge in China btw 2019 and summer of 2020 is simply mind-blowing. $500bn in just over a year. pwc.ch/en/publication… https://t.co/8mP4MuamVc
How the Trump admin’s assault on China’s Huawei is disrupting the hugely complex semi-conductor supply chain and not necessarily to the advantage of US suppliers. Essential reading from @ChadBown at @PIIE piie.com/blogs/trade-an… https://t.co/KztBZcfktm
By 2100 we expect the global population to reach 9 billion. The good news, according to @OECD 1/3 of those people, 3 billion men and women, will have had post-secondary education. “Human capital” accumulation does not do this transformation justice. oecd-ilibrary.org/education/back… https://t.co/EEewcsPR5g
2020 crisis stands out, compared to last four major recessions in the US, for its devastating impact on low-income workers: number of jobs in the lowest-earning quarter of the distribution is still down by more than 20 percent. @D_W_Wilcox at @PIIE piie.com/system/files/d… https://t.co/PUo456qhNL
2020 crisis seals the radical divergence between the EM once grouped in the BRICS club. Outlook for Brazil, Russia, India, China and South Africa are radically different. @KarenDynan at @PIIE @OECD data piie.com/system/files/d… https://t.co/zYiH3y3FN3
There will be a recovery in 2021 most analysts expect, but it will be much stronger in global level, US than Euro area and Japan. Outlook for UK is truly grim. @KarenDynan at @PIIE @OECD data piie.com/system/files/d… https://t.co/YXynZXZlmj
It is the catastrophic surge in temporary layoffs that made US labour market shock so much worse than in other countries in 2020. @jasonfurman at @PIIE piie.com/system/files/d… https://t.co/WxAEd1eKli
The growth in global wealth of billionaires around the world since 2009 has been staggering. But the surge in China btw 2019 and summer of 2020 is simply mind-blowing. $500bn in just over a year. pwc.ch/en/publication… https://t.co/uvjVw5lNvv
By 2100 we expect the global population to reach 9 billion. The good news, according to @OECD 1/3 of those people, 3 billion men and women, will have had post-secondary education. “Human capital” accumulation does not do this transformation justice. oecd-ilibrary.org/education/back… https://t.co/Epyoyi55IW
Sudden and unexpected contraction in credit card balances in the US in August points to a slowdown in demand. thedailyshot.com/2020/10/08/stu… https://t.co/a0gqGcDhvK
More confirmation that the recovery in the US labour market has stalled. @DataArbor via @SoberLook https://t.co/9CEya0lruQ
How the Trump admin’s assault on China’s Huawei is disrupting the hugely complex semi-conductor supply chain and not necessarily to the advantage of US suppliers. Essential reading from @ChadBown at @PIIE piie.com/blogs/trade-an… https://t.co/3yBEIdElVJ
2020 crisis stands out, compared to last four major recessions in the US, for its devastating impact on low-income workers: number of jobs in the lowest-earning quarter of the distribution is still down by more than 20 percent. @D_W_Wilcox at @PIIE piie.com/system/files/d… https://t.co/xaLo6alakK
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