150 trillion public/private committment to climate crisis, while the paltry 100 billion promised to less developed countries hasn’t been paid out yet. Promesse da marinaio
Daniela Gabor notes that IMF paper on climate crisis quotes 23 time “carbon pricing” and only once “industrial policy”. So imagine IMF finance conditional to setting a price on carbon, imposed on poor countries, reminiscent of stabilization policies in the 80s. Will it work ? Gabor and PolicyTensor doubt it
Daniela Gabor https://www.ft.com/content/1d2dcdc4-4de2-4e87-ab1f-574a32c5e0e2
Policy Tensor ESG and Carbon Pricing La La Lands
Meanwhile Tooze reviews Andrea Malm and notes: Green New Deal appeals to economic mobilization in WW2 USA, Malm rather prefers lenin’s mobilization in 1919-21 russia. Ladies and gentlemen, this is Green Leninism https://adamtooze.substack.com/p/chartbook-50-andreas-malm-and-ecological
LRB has a second review of Malm’s book, this one is less theoretical and more historical and facts “Malm and the Zetkin Collective’s claim is not that far-right parties happen to exploit voter prejudice against both migration and climate mitigation, but that these two things are necessarily linked. They see ‘fossil fascism’ as an emergent political formation, linking ‘primitive’ fossil capital – direct extractors, which can’t survive divestment – with racist politics.” https://www.lrb.co.uk/the-paper/v43/n22/james-butler/a-coal-mine-for-every-wildfire
1500-Pound Goat 