Climate Change – Page 2

The duel: Should we aim to get the economy back to “business as usual”?

July 10, 2020 October 8, 2020 / Capital Flows, Climate Change, Covid19, Economic Orthodoxy, Globalisation, International Financial Architecture

The following debate between Paul Wallace and Ann Pettifor appeared in Prospect magazine on 10 July, 2020. Is our capitalist economy an unparalleled engine of prosperity, or a human and ecological disaster? Two contributors debate whether the system is worth saving Yes—Paul Wallace It is tempting, when living through a once-in-a-century event such …

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Rebuild the Ramshackle Global Financial System

June 17, 2020 August 17, 2020 / Bretton Woods, Climate Change, Globalisation, International Financial Architecture, Uncategorized

The following appeared in Nature magazine on 17 June, 2020 Economic researchers neglect the role of financialization in global existential crises. Riddled with comorbidities, the current global monetary and financial set-up precipitates crises with increasing frequency. At first, these were on the fringes of the global economy; in 2007–09 they moved to its very core. …

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Interview with Wallace Chapman of New Zealand Radio

April 15, 2018 October 21, 2018 / Anglo-American Financial Crisis, Bank Bail-outs, Climate Change, Credit Crunch, Democracy, Ecosystem

At the invitation of New Zealand’s Institute of Directors, I recently visited Auckland. I was there to address the IoD’s annual gathering of 600 CEOs..and on the side did this interview with NZ’s equivalent of the BBC, for a Sunday Talk Show with popular host, Wallace Chapman. It was good to be given fully 20 …

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Australia update – Melbourne, Trade Unions, climate & sustainability

September 2, 2011 September 20, 2011 / Australia, Climate Change, Green New Deal, Uncategorized

The picture above is not of some Regency building in Brighton, England. It is in fact the oldest (or so I was told) Trades Union Hall in the world – the Melbourne Trades Hall. Sure is impressive, and with a lovely relaxed, unbureaucratic feel to it…. We were up at the crack of dawn to …

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My tour of Australia – with the SEARCH Foundation

September 1, 2011 September 1, 2011 / Bank Bail-outs, Banking Crisis, Climate Change, Consumer Debt, Credit Crunch, Debt, Ecosystem, Environment, Financial Crisis, Green New Deal, International Financial System

Read about my speaking tour of Australia below – from the SEARCH Foundation: The SEARCH Foundation is currently touring eminent British economist and author Ann Pettifor around Australia and she is visiting our shores with a warning; the GFC inducing credit crunch is not over and Australia’s banking sector is vulnerable. Ms Pettifor is visiting …

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Financing the Green Transition – why we can afford it

July 27, 2011 September 20, 2011 / Bank Bail-outs, Central Banks, Climate Change, Credit, Credit Creation, Ecosystem, Environment, Financial Crisis, Government Borrowing, Green New Deal

Last month I gave a ‘Green Talk‘ in Bristol, organised by Climate Works. It was wonderful to be, first of all at such a professionally and well organised event (congrats to Mark Letcher and his team). It was also fantastic to be amongst such an interesting array of speakers including John Gapper ‘the secret gardener’ …

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Enterprise and the environment – compatible?

June 29, 2011 June 30, 2011 / Climate Change, Ecosystem, Environment

I am privileged to be a speaker at the World Forum on Enterprise and the Environment, hosted by Sir David King of the Smith School of Enterprise and the Environment, Oxford. Sir David today has a column in the Guardian in which he calls on Prime Minister David Cameron to exercise leadership on the global …

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Financing the Green Economy Transition

March 21, 2011 July 18, 2011 / Bank of England, Central Banks, Climate Change, Credit Creation, Green New Deal

Below is a short paper I wrote as part of work with Sir David King and the Smith School of Enterprise and the Environment: “We are capable of shutting off the sun and the stars because they do not pay a dividend. London is one of the richest cities in the history of civilization, but …

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Profiting from disaster: shareholders gain $1 billion

May 25, 2010 May 25, 2010 / Climate Change, Environment

Five days after appearing before Congress to testify about its responsibility in one of the worst oil spills in US history, the Swiss company that owned and operated the oil rig that sunk into the Gulf of Mexico announced that it would shell out $1 billion in dividends to shareholders, ‘Raw Story’ reports. ……..To put …

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Green New Deal – ‘The Cuts won’t work’ report is published.

December 7, 2009 July 4, 2011 / Anglo-American Financial Crisis, Climate Change, Debt-deflation, Environment, Finance Ministers, Fiscal Conservatives, Fiscal Deficit, Government Borrowing, Green New Deal, Public Spending, Treasury, Uncategorized

7th December, 2009 This is the press release from the new economics foundation: “Two days ahead of the pre-budget report, and as the UN climate change talks open in Copenhagen – the second report from the authors of the original Green New Deal argues that the British Chancellor is likely to miss a historic opportunity …

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