Showing 1 - 10 of 165
The 'billions to trillions' charade
Oped, Published on 23/05/2024
» The international development sector has become fixated on calculating financing gaps. Hardly a day goes by without new estimates of the funds low- and middle-income countries (LMICs) need to meet their climate targets and achieve the United Nations Sustainable Development Goals (SDGs).
Decarbonisation needs joint effort
Oped, Published on 21/05/2024
» As countries around the world experienced record temperatures last year, United Nations Secretary-General António Guterres declared, "We must turn a year of burning heat into a year of burning ambition." But to move away from fossil fuels and unlock the green transition's economic benefits, such as job creation and universal access to clean energy, industry leaders and policymakers must work together to translate the commitments made at the UN Climate Change Conference in Dubai (COP28) into actual renewable gigawatts.
Green push needs united approach
News, Published on 20/05/2024
» Bridging the divide between agriculture and forestry is imperative for climate action. The global and national race is on to steeply reduce emissions over the next six years. According to the watershed Global Stocktake report, released ahead of COP28 in Dubai, we face the daunting task of reducing emissions by 43% by 2030 to retain the possibility of limiting warming to 1.5 degrees by the end of the century, and 27% to stabilise at a 2-degree temperature increase. Since the Paris Agreement was signed in 2015, we have managed only to be on track for a 2% reduction in emissions against 2019 baselines. Each subsequent year, we collectively feel the impacts of a hotter, more volatile climate as new records are set for temperature and natural disasters.
Taking on Bangkok's punishing heat
Oped, Danny Marks, Published on 03/05/2024
» As scorching temperatures blanket Thailand, setting new records in several regions, Bangkok and its outskirts are enduring the full force of the relentless heatwave. Bangkok sizzled under a heat index exceeding 52C on Tuesday, a measure that combines temperature and humidity to reflect how hot it actually feels. Tragically, heat-related fatalities in the country have reached 30 this year alone. A recent study reveals the unequal impact of urban heat intensity on Bangkok's residents, with lower-income individuals facing heightened heat stress during daily activities and rest.
How elections bring about a cycle of devaluation
Oped, Jeffrey Frankel, Published on 01/05/2024
» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.
Are all of us ready for AI creative destruction?
Oped, Published on 24/04/2024
» The ancient Chinese concept of yin and yang attests to humans' tendency to see patterns of interlocked opposites in the world around us, a predilection that has lent itself to various theories of natural cycles in social and economic phenomena. Just as the great medieval Arab philosopher Ibn Khaldun saw the path of an empire's eventual collapse imprinted in its ascent, the twentieth-century economist Nikolai Kondratiev postulated that the modern global economy moves in "long wave" super-cycles.
Why solar and wind are not winning
Oped, Bjorn Lomborg, Published on 20/04/2024
» Despite us constantly being told that solar and wind are now the cheapest forms of electricity, governments around the world needed to spend US$1.8 trillion (66.3 trillion baht) on the green transition last year. "Wind and solar are already significantly cheaper than coal and oil" is how US President Joe Biden conveniently justifies spending hundreds of billions of dollars on green subsidies. Indeed, arguing that wind and solar is cheapest is a meme employed by green lobbyists, activists and politicians around the world. Unfortunately, as the $1.8 trillion price-tag shows, the claim is wildly deceptive.
The correct response to Beijing's EV subsidies
Oped, Published on 09/04/2024
» US Treasury Secretary Janet Yellen's nearly weeklong visit to China, now underway, will most likely focus on US concerns about Chinese subsidies to producers of electric vehicles and other clean-tech goods.
Making exports for a low-carbon era
Oped, Published on 27/03/2024
» Exports have been Thailand's important growth engine for many decades. A number of Thailand's export destinations have shown increasing interest in and support for low-carbon products. Failure to meet global demand for low-carbon products risks Thailand's competitiveness in international trade.
Green tech bans not implausible
News, David Fickling, Published on 19/03/2024
» In a world riven by great-power conflict, economic decoupling, high inflation, and worries that the interests of capital are being put ahead of workers, an obvious enemy can emerge: technology. The best way to preserve the status quo is to destroy the machinery that promises a change to existing ways.