Jeffrey D. Sachs's Blog, page 18

More Than 80 Leading Economists Demand “Not A Penny More” Spent On Fossil Fuels

A group of more than 80 world-leading economists from 20 countries have issued a declaration in which they demand that “not a penny more” be spent on fossil fuel production and infrastructure while encouraging an increase in renewable energy investments in the lead-up to French President Emmanuel Macron’s international summit on climate finance. Read more in CleanTechnica. 

To save climate, stop investing in fossil fuels: economists

The development of oil, gas and coal energy must stop in order to avoid the worst ravages of global warming, 80 top economists said Thursday, days ahead of a climate summit in Paris.”We call for an immediate end to investments in new fossil fuel production and infrastructure, and encourage a dramatic increase in investments in [...]

This Week in Economics with Professor Jeffrey Sachs: Episode 19

The GOP’s rush to tax cuts was brainless

(CNN) I am writing from Beijing, China, where forward-looking policies in infrastructure, technology and diplomacy have fueled rapid economic growth and even more remarkable technological advancement. By the mid-2020s, China will most likely lead the world in key technologies for low-carbon energy, robotics and advanced transportation, among other areas targeted in China’s long-term development strategy. Read more in CNN. 

Sachs: Migration in the Mediterranean, What the EU is Missing

Happiest cities list ranks Charlottesville No. 3

Ask people where the happiest Americans live, and chances are Charlottesville, Virginia, would not be their immediate answer. In August, the college town became a crucible of ugly forces when hundreds of white supremacists clashed with counterprotesters in the streets, leaving 19 injured and killing one.  Read more in Richmond Times-Dispatch.

“We must care for one another” – Lavazza Calendar

What we’re doing for 2030 is promoting global cooperation.

Hurst and Ayala: Why I support America’s Goals

Hurst was elected Nov. 7 to represent District 12 in the New River Valley in the Virginia House of Delegates, and Ayala to represent District 51 in Northern Virginia. Politics should be about making a difference in people’s lives. Instead, it seems like politicians are deadlocked, squabbling and being influenced by special interests. Read more [...]

A New Grand Coalition for Germany – and Europe

With America AWOL and China ascendant, this is a critical time for Germany and the European Union to provide the world with vision, stability, and global leadership. And that imperative extends to Germany’s Christian Democrats and Social Democrats. Read more at Project Syndicate.

The tax bill shouts, ‘Greed!’

The tax cut effort is an exercise in greed and arrogance. The nation faces a fiscal crisis (rising debt, large deficits, and major budget needs such as infrastructure), a social crisis (falling incomes for the bottom half), and a political crisis (a collapse of trust in public institutions). The public is against Donald Trump’s tax [...]