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Yves here. While this article has a lot to recommend it, I have to voice some reservations. The first is that it jumps on the “Biden as FDR” bandwagon, which Lambert debunked yesterday. The second is the New Deal brand expropriation by Green New Deal advocates. As we’ve stressed repeatedly, the Green New Deal proponents will not acknowledge, let alone promote, far and aways the most important and urgent measures we can take to combat climate change: radical conservation. They aren’t even pushing for some of the measures implemented during the Oil Crisis to discourage fossil fuel use, ...

What’s new? After weeks of fighting in Ethiopia’s Tigray region, federal troops removed the regional government and declared victory. Yet thousands have died, hundreds of thousands are at risk of starvation and the conflict continues. Addis Ababa has established an interim administration, but ousted Tigrayan politicians say they will fight back. Why did it happen? Relations between Addis Ababa and Mekelle tanked after Prime Minister Abiy Ahmed took office in 2018 and Tigray’s leaders lost federal power. Tensions spiked when Tigray defied central authority by holding regional elections i...

Morgan Kelly, High Meadows Environmental Institute Feb. 3, 2021 4:59 p.m. Scientists and research based at Princeton University played a critical role in a new national report that investigates the technology, policy and societal dimensions of accelerating decarbonization in the United States. On Feb. 2, the National Academies of Sciences, Engineering, and Medicine published the interactive report, “Accelerating Decarbonization of the U.S. Energy System,” which provides a technical blueprint and policy manual for the first decade of a wholesale transformation of the American economy to ne...

Princeton study says the US can reach net-zero emissions by 2050 or sooner and, if properly managed, it won’t break the bank.

China-Bangladesh bilateral currency cooperation enjoys broad prospects Source: The Financial Express Published: 2020/12/28 9:59:00 Chinese Ambassador to Bangladesh Li Jiming Photo: Courtesy of the Chinese Embassy in BangladeshIn recent years, the cross-border use of the Renminbi (RMB) has sustained rapid growth, and has maintained robust growth this year even despite the impact of the Covid-19 that has severely hit global trade, finance and economy. Overtaking the US, China became the world's largest trading nation in 2013, and the largest foreign direct investment (FDI) destination in 20...