climate change
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Australia’s green energy potential could boost its geopolitical significance
Fossil fuels are a significant part of the Australian economy, but the country is now taking big strides toward renewable solutions. It also has the capacity to become a crucial exporter of green energy and the materials needed to produce it. Its growing spat with China is a double-edged sword in this regard, hurting its carbon-based economy now but potentially making it even a stronger player in the future energy transition.
Disastrous economic and social ideas are making a comeback
It is hardly a coincidence that a new monument of Karl Marx, the creator of socialist philosophy, was erected with great pomp in the city of his birth in 2018. Marxist thinking has been undergoing a renaissance for all sorts of wrong reasons, including in academic and political circles. Beware, ...
Geopolitical power play in Arctic shipping
Rising earth temperatures have opened up new navigation routes through the Arctic, allowing commercial ships to shorten journeys between Europe and Asia dramatically. While this could improve trade flows between continents, territorial conflicts and legal uncertainty have given rise to concerns. With no binding legal treaty regulating the region, Arctic ...
The European Green Deal faces huge challenges
The European Commission’s Green Deal sets extremely ambitious goals for reducing greenhouse gas emissions and investing in environmentally friendly technologies. Yet the huge amount of funding that will be required could fail to materialize, due to intra-EU disagreements over budget rules and debt ceilings. And if other big polluters don’t ...
Scenarios for Georgieva’s leadership of the IMF
The new head of the IMF, Kristalina Georgieva, has some novel plans for the future of her organization. She wants to redefine its core aims to address climate change, economic fairness and gender equality. If she achieves her mission, the IMF could transform from a tough, economic reform-minded lender of ...
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