What would Green central banking look like?
The path to net zero runs through the City of London. We can all cycle more, insulate our homes, replace gas boilers with heat pumps but if the financial services…
We need a Financial Health Service to provide financial security from cradle to grave
When we have the next banking crisis, what should we do? From the experience of the last banking crisis, we have a reasonable idea of what the other parties would…
Can central banks get their act together on the climate crisis?
The last few weeks have seen a rush of central banks - under pressure from both activists and their own research - taking steps to limit their climate impacts. These…
Is BP really on route to being a net zero firm?
Fossil fuel giant BP last week made three announcements that resulted in downgrading £ off the value of its oil and gas assets - around 20% of its market capitalisation.…
The Bank of England has taken a step towards accountability. But it needs to go further.
This Tuesday the Bank of England conceded to pressure to make public the names of the firms it was supporting. But it also imposed conditions on partaking in the facility.…
We can’t let the coronavirus induced economic crisis drive a mass investment in carbon intensive industries
By every conventional measure the UK economy is in crisis. And it's set to only get worse. Like in every recent economic crisis, central banks are stepping in and deploying…
Using your money to fight climate change
On Friday 20 September 2019, history was made as millions of people around the world took part in Global Climate Strikes in order to make their voices heard, demanding action…
Event: Rich Man's World? Global crisis and Scotland's role in fixing it
The world is in crisis. The neoliberal project has, in the last few years, advanced at a faster pace than ever before. In its wake, our working conditions, our education…
The capital mobility myth: 'You better not piss off the rich'
Whether it be workers demanding higher wages and better conditions or citizens demanding higher taxes on corporations and the rich, the response from business chiefs and their drudges in the…
On QE, overproduction and the economics of a negative carry universe.
In the run up to last week's announcement of more QE from the Bank of England there have been a couple of interesting posts on FT alphaville talking about "negative…