“Financing Europe’s Green Deal: Beware of the Waterbed Effect” By Daniel Gros and Milan Elkerbout, courtesy of CEPS Big numbers are always a good way to attract attention. 1 thousand billion euros of investment is the headline figure of the ‘Sustainable Europe Investment Plan’ the European Commission recently presented to the European Parliament. […]
Tag: climate change
Say no to EU carbon border tax
“A European carbon border tax: much pain, little gain” By Ben McWilliams and Georg Zachmann, courtesy of the Bruegel Institute The European Green Deal has set a target of reducing European Union carbon emissions by about 40 per cent over the next ten years. Reaching this target is likely to involve a significant […]
Washington Beyond the Headlines: Behold, DOL, DOT Doing Their Jobs
By Andy Blom, TES Correspondent Congress fights the Coronavirus the only way it knows how — with panic and partisan bickering. Many Americans are just treating it like a snow day. Meanwhile free market policy people, now even more socially isolated than usual, are still working on issues and ideas that affect […]
Politics, technology and environmental change merging in megatrend, threatening upheaval
By Dr. Alexander Görlach, Senior Fellow, Carnegie Council for Ethics in International Affairs The coming months will see three trends from last year merge into a megatrend that will not only define the presidential election in the USA but also send waves across the Atlantic to Europe and across the Pacific to […]
In favor of climate-based stress tests for banks
“Climate risks to European banks: a new era of stress tests” By Alexander Lehmann, courtesy of the Bruegel Institute The release of a proposed methodology for assessing climate risks within UK banks and insurers by the Bank of England just before Christmas has fueled calls for a similar ‘climate stress test’ for European […]
Washington Beyond the Headlines: Say Goodbye to WOTUS
By Andy Blom, TES Washington Editor Impeachment. There, we’ve wasted enough time on that. But while we were all trying our best to ignore the dog and pony show in the Senate, free market policy advocates kept working on issues and ideas that affect America, and the world. Read on for this week’s […]
Green Deal doesn’t go far enough
“The European Green Deal – good intentions that won’t go far” By Roman Stöllinger and Michael Landesmann, courtesy of WIIW Designing the European Green Deal, which aims to realise the ecological transformation of the EU economy as the trading bloc’s growth strategy, is the right move at the right time. It sends a clear signal: […]
European Green Deal’s call for central planning is dangerous
“A trillion euros on the wrong policy” By HSH Prince Michael of Liechtenstein, courtesy of ECAEF and GIS There are several cost-efficient and market-friendly policies that could be implemented by both Germany and the European Union to reduce the impact of carbon emissions on the environment. However, these solutions are being cast aside while […]
German climate activists demand action, not words, in 2020
“The time for courageous climate policy is now!” By Charlotte Unger, courtesy of IASS In 2019 the public debate on climate change shifted markedly, yet little was achieved in terms of concrete action. What developments can we hope to see in the year ahead? Heralded as a year for action, 2019 turned out […]
Time to break the cycle of panic
“Let’s (Not) Panic Again” By Simon Sarevski, courtesy of the Austrian Economics Center Since time immemorial if you asked an adolescent whether he expects to live a better life than his parents the definitive answer would have been negative. But then, at the dawn of the Industrial Revolution, that answer changed to a […]