Category Archives: Economics

What economists get wrong about climate

Whether or not you believe that the dangerously foolish advice issued by climate economists will in fact kill billions of people this century, there is little doubt that we have been poorly served and grievously misled on the true costs … Continue reading

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Green shoots of climate progress appear

Budget 2024 was announced in mid-October and was, by any stretch, a very good day for the Greens in government. Despite being the perennial butt of political and media jokes, they have by and large kept their heads down and … Continue reading

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Is insurance the first climate domino to fall?

While most economists and much of the financial system is still living in la la land when it comes to failing to account for the climate emergency, one sector where the impacts are already piling up is the global insurance … Continue reading

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Good ancestors demand a Ministry for The Future

While the title for this piece was borrowed from the Kim Stanley Robinson cli-fi classic novel, I wanted to explore our paradoxical relationship with the future and how we struggle to engage in intergenerational stewardship to take into account the … Continue reading

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Dialling up the global thermostat another notch in 2022

It sounds almost a cliché to say that last year was a year of weather extremes. After all, which year out of the last 20 hasn’t been? After all, according to the WMO, the past eight years have been the … Continue reading

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Risky business for insurers as climate crunch bites

As extreme weather ratchets ever upwards, it seems inevitable that more and more locations will become uninsurable over time, whether as a result of coastal inundation, sea level rise or supercharged storms and flooding events. I took a look this … Continue reading

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Carbon offsetting a cynical cop-out on climate action

In the late Middle Ages, there was a roaring trade within the Catholic Church in the sale of indulgences, as handy way for the sinful to wipe the slate clean by purchasing redemption. The abuse of this system is often … Continue reading

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How financial sector fails to grasp climate risks

It has been described as a classic case of saying the quiet bit out loud, but jaws dropped when a senior banker (and former FT financial journalist) let his guard down and shared with his audience everything we’ve feared about … Continue reading

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The magic porridge pot is finally running out

To mark the 50th anniversary of the publication of the landmark ‘Limits to Growth’ book, I contributed the below article to the Business Post. We are now precisely half way through the century modelled by the Club of Rome, and … Continue reading

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Can we reimagine a better, safer world?

It sometimes feels like our collective inability to respond to the global climate and ecological emergency is first and foremost a failure of imagination. We are conditioned to see the world the way it is, and can easily assume there … Continue reading

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Food and energy insecurity mean double trouble

The long-banished spectre of food insecurity has returned to Europe for the first time since the 1940s. I wrote the below piece for the Business Post in late March which looked at the intersection of energy and food security in … Continue reading

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Confronting consumerism for a safer future

Among the many challenges we face this decade is how to achieve radical decarbonisation in a way that does not entirely alienate the public. This is no mean challenge. After all, we are all bombarded with constant advertising and promotional … Continue reading

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Dangerous myth of infinite economic growth exposed

Regular ThinkOrSwim readers will know that your correspondent is not a noted fan of mainstream economics, or most of its practitioners, for that matter. They have, in my view, done untold damage in impeding societal and political understanding of and … Continue reading

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Billionaires to the rescue? No thanks

With our billionaire overlords queueing up to be the first into space or to colonise some real estate on Mars, I thought it was an opportune moment to file a piece in the Business Post taking a cold look at … Continue reading

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Investors running for cover as allure of fossil fuels fades

The below piece was published in the Business Post in late February. By my usual standards, this probably ranks as quite optimistic, in pitching the argument that fossil fuel, the world’s most dangerous industry, is in the process of losing … Continue reading

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