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Publication date: April 2020 Source: Ecological Economics, Volume 170 Author(s): Thomas Bolognesi, Stephane Nahrath Abstract This article proposes a new theoretical explanation to the question of environmental governance failures, combining micro and macro explanations in the long run. We put forward the concept of Transversal Transaction Costs (TTCs) as a critical source of governance failures.

World’s largest investor signs up to Climate Action 100+ after criticism from activists BlackRock, the world’s largest investor, has joined an influential pressure group calling for the biggest polluters to reduce their emissions, after criticisms that it was undermining action addressing the climate crisis. The US investment firm has signed up to Climate Action 100+,

Daniel Pryor of the Adam Smith Institute, David E Hanke, Georgina Ferry and Prof Mick Watson respond to an article by George Monbiot claiming that lab-grown food will end farming and save the planet It’s encouraging to find agreement across the political divide on the potential of new technologies to combat climate change, reduce animal

The post Does Africa’s Food Future Really Lie with Young Farmers? appeared first on Inter Press Service.

In May 2018 I and other academics discussed the role of GDP at the Royal Society. You can find a summary of the event here, and listen to my remarks below. The post Is the Rate of Change of GDP the Best Way to Measure Economic Growth? appeared first on John Kay.

Ninth-century Rök stone may deal with fear of cold climate crisis in Scandinavia One of the world’s most famous runestones is now believed to have been erected by Vikings fearing a repeat of a previous cold climate crisis in Scandinavia, a study has concluded. The Rök stone, raised in the ninth century near Lake Vättern

They’re usually more than happy to spend money upfront to avoid bigger costs down the track. Investing in renewable energy is the exception If only Scott Morrison was as willing to spend money preventing climate change as he is to spend it on disaster repair. The idea that a “stitch in time saves nine” and

Socrates: “I dare say that you are familiar with Tisias.  Does he not define probability to be that which the many think?” Phaedrus: “Certainly, he does”.[1] — In the winter of 1653-4 the Chevalier de Méré, an inveterate gambler, sought the advice of the mathematician and philosopher Blaise Pascal.  Pascal in turn consulted an even