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Climate Divergence

Ten years ago, the current predicament of central bankers would seem unthinkable: to what extent should they contribute to society’s response to climate change? As the impacts of climate change have...

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Governing the Climate

The twenty-eighth UN climate change conference, which took place in Dubai over the course of the last two weeks, has now come to an end. Like previous conferences, this COP took the form of a series...

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Petro at COP28

Lea esta entrevista en español aquí. Upon entering office in July 2022, Colombia’s President Gustavo Petro voiced a strong stance against fossil fuels, marking a contrast with other left-wing leaders...

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Petro en la COP28

Read this interview in English here. El presidente de Colombia, Gustavo Petro, llegó a la presidencia en julio de 2022 con un discurso ambientalista fuerte en contra de los hidrocarburos, el cual...

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A Year in Crises

When we launched The Polycrisis a year ago, we set out to examine the intersecting crises in the economy, energy system, commodities markets, geopolitics, and climate. Our aim was to break...

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Learning Curves

Over the last ten years, the surface of the Earth warmed by another 0.5°C. At the same time, renewable energy grew its share of world electricity production from 5 to over 11 percent. These are the...

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The G20 in the South

Leia o artigo em português aqui. In December 2023, Brazil began presiding over the G20. The one-year presidency, which will culminate in the annual summit being hosted in Rio de Janeiro in November...

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Petrobras em Transição

Read this interview in English here. A campanha que levou Luiz Inácio Lula da Silva ao terceiro mandato de presidente do Brasil foi marcada pela ideia de reconstrução do país, o que reacendeu o debate...

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Petrobras in Transition

Leia o artigo em português aqui. Luiz Inácio Lula da Silva’s campaign for his third term as Brazil’s president was defined by the idea of reconstruction. This encompassed a political recovery from the...

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Liberal Blindspots

Protests led by farmers have been roiling Europe for months. In Belgium, Germany, Romania, the Netherlands, Poland, and France, farmers—armed with grievances ranging from subsidized Ukrainian grain...

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Profit and Power

On April 23, 2024, join us for a discussion on profits, prices, and the green energy transition, on the occasion of Brett Christophers’s new book The Price Is Wrong, featuring: BRETT CHRISTOPHERS,...

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The Electric Vehicle Developmental State

In the late 1970s, Western markets were flooded with Japanese cars from then-unfamiliar brands like Toyota, Mazda, Datsun, and Honda. The combination of a high quality product, efficient fuel...

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The Iron Farm Bill

Agriculture directly accounts for 10 percent of US greenhouse gas emissions.1 These emissions, which do not include onsite fossil-fuel use, come from soil and manure management and the digestive...

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Great Green Wall

Biden’s announcement this week to sharply raise tariffs on Chinese imports is an escalation in the yearslong tariff war on China. The new tariffs specifically target green goods, most notably electric...

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Driving Capital

Since President Biden signed the Inflation Reduction Act (IRA) into law in August 2022, the Mexican auto assembly and parts industries have been booming. Tesla and the Chinese state-owned carmaker...

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The World’s Stockyard

A recent visitor to the Amazon rainforest was surprised by the animal that was most conspicuous: instead of exotic jaguars, the region was populated by “the humpbacked, floppy-eared, glossy white...

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The Contest to Shape “Country Platforms”

Last month, young people in Bangladesh revolted against their government over a jobs quota bill that would have reserved 30 percent of public-sector jobs for family members of veterans of the 1971 war...

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Peripheral Conditionalities

The need to reorganize global governance so as to make space for a growing  China has long been apparent. With the financial crisis of 2008, another demand emerged: the reshaping of capitalism itself....

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Marshall Plans

At September’s UN General Assembly in New York, Brazil’s President Lula described the international financial system as a “Marshall Plan in reverse” in which the poorest countries finance the richest....

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“Greenwashing” Structural Adjustment

In a global financial system underpinned by the US dollar, the Federal Reserve’s interest rate hikes can push much of the global South to the brink of a full-blown debt crisis. The exposure of...

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