⏺️ Not only policymakers, but the market reacts similarly.
A brand new academic publication confirms that:
"clean energy stocks respond negatively to OPEC's decisions to increase production levels but positively to OPEC's decisions to decrease them"
www.sciencedirect.com/science/arti...
- former US intelligence official Tom Ellison... said the energy squeeze was a reminder that “fossil fuels have to constantly flow or else all hell breaks loose”. “That’s just a fundamental vulnerability that fossil fuels have compared to renewable energy,” he said.
www.ft.com/content/001a...
⏺️ According to a recent UK report:
"the transition to net zero is cheaper for our national economy than the entire cost of the last gas price crisis"
www.theguardian.com/environment/...
⏺️ Fossil fuel production and endowments are more asymmetrically distributed in the world than is the potential for producing renewables.
➡️ Thus, global instability (/wars) induces the EU (and markets) to invest more in renewables: ⬇️
The physical distance may be large, but the 2026 Prize by Stanford @siepr.bsky.social draws attention to the EU's forthcoming (decarb+competitiveness) transition: siepr.stanford.edu/news/mario-d...
Gass konkurrerer med både kull og fornybare energikilder.
Våre forskningsresultater om det grønne energiskiftet har tydeligvis provosert noen.
Takk til #Minerva for at syv feilaktige påstander om forskningen blir tilbakevist i et åpent tilgjengelig innlegg: www.minerva.no/bard-harstad...
John List has a disturbing LinkedIn post on the job market for economists. Between trump's attack on university/research and his destruction of the government infrastructure for managing and evaluating policy, big hit on economics hiring.
www.linkedin.com/posts/johnal...
You are just envious that you won't belong to Y before sometime in 2030, @richardtol.bsky.social.
Once in a while, academic research uncovers good news for some of us.
Happy new year!
This will be interesting (for me) because the project is still very much in progress...
If you read French, I hope you can confirm:
I point to security concerns, the importance of independence of Russian gas, Norway’s relatively clean extraction technology, how it can be transferred to others,
and how all of this relates to The Gas Trap.
Thanks @baptlanglois.bsky.social @lexpress.fr
FT refers to my criticism of current forest financing
and the solution that payments should be forest-linked loans.
de Resende's concern about indebted tropical countries can be addressed because:
-FLLs can and will replace existing debt
-FLLs are not supposed to be repaid
www.ft.com/content/5e84...
Now on YouTube:
An important econ & climate conference by Norway's NBIM&NB.
@president.ecb.europa.eu, Gore, Hsiang etc
At 1:25, I explained why policy and finance decisions are coordination games, why expectations are self-fulfilling, and what consequences this has
www.youtube.com/watch?v=rsGL...
På klimakonferansen, som ofte ellers, fokuserer vi økonomer ofte på BNP/vekst. Dette er først og fremst fordi vi kan måle/verdsette slike effekter, og det underestimerer effektene:
Om det blir mindre regnskog og is kan BNP øke, men det gjør ikke effektene ønskelige
www.nbim.no/en/responsib...
I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.
🧵 1/7
What now - for the future of climate policies - after USxit from Paris?
I got a couple of seconds with @ekoslof.bsky.social and Spectrum News:
spectrumlocalnews.com/nys/hudson-v...
Today is a beautiful date for honoring Pythagoras (and the simplest proof of his theorem)
On the "economics" of it, of course...
Det er for tidlig å konkludere at venstresiden vant valget.
Når (/om) både Sp og MDG innser at de kan vippe regjeringen, er det høyresiden som vinner:
Siden Sp og MDG ønsker motsatt politikk på noen områder, vil høyresiden kunne "kjøpe" en av dem, uansett hvilken platform Ap ender opp med å tilby.
What's the future of carbon pricing?
To answer, one must understand political economics.
More than 800 scholars have realized this and signed up for the 9/9 Webinar by @eaere.bsky.social on this exact topic.
You can still do it:
www.eaere.org/events/suppo...
To conserve forests, @cop30brazil.bsky.social proposes TFFF. TFFF has severe weaknesses but can, fortunately, be modified if payments are forest-linked loans rather than grants -- among other things discussed in this Policy Brief:
drive.google.com/file/d/1B4sW...
Indeed:
- if this destructive bill becomes law – just weeks ahead of Cop30 in Belém – it threatens to erode Brazil’s credibility on the global stage.
www.theguardian.com/world/2025/a...
Beautiful -- but this is a Norwegian pic of climate change. Melting glaciers bring particles that color lakes green.
And Brazil has been criticized for investing in roads through the Amazon before: www.science.org/doi/full/10....
Just as roads are main drivers of deforestation in other parts of the world: le.uwpress.org/content/77/2...
Roads are main drivers of deforestation in the Brazilian Amazon not only when they are built, but years later too:
www.sciencedirect.com/science/arti...
Because an abundant body of research finds that new roads, as those being built to host COP30, causes more deforestation: onlinelibrary.wiley.com/doi/abs/10.1...
Why is it not only sad and ironic, but also indicative of extremely poor Brazilian judgement to select Belém as the location for COP30? 🧵
www.bbc.com/news/article...
I’ll modestly suggest my own book ‘Resources Matter: ending poverty while protecting nature’ (OUP). The PDF is free to download (open access) 👇 global.oup.com/academic/pro...
