ICYMI - @NIESRorg Supply side measures and institutional reforms aren't a quick fix, so fiscal policy needs to kick start growth by boosting demand. A stimulus led by investment could add over 0.5% pa to UK GDP growth...
markcliffe.wordpress.com/?p=…
Supply side measures and institutional reforms aren't a quick fix, so fiscal policy needs to "prime the pump". A stimulus led by investment could add over 0.5% pa to UK GDP growth...
Responding to an earlier piece by David Aikman, this blog from Mark Cliffe proposes that a front-loaded fiscal stimulus would drive growth and improve long term fiscal sustainability.
hubs.la/Q04scH290
Mark Cliffe retweeted
Responding to an earlier piece by David Aikman, this blog from Mark Cliffe proposes that a front-loaded fiscal stimulus would drive growth and improve long term fiscal sustainability.
hubs.la/Q04scH290
Timely call from @gilliantett for stepping up efforts on climate adaptation. Added to the inevitability of more extreme weather, the rising risk of tipping points being crossed - such as the collapse of the AMOC - makes this even more compelling @GSI_Exeter #GlobalTippingPoints
Green activists need to think beyond carbon emissions — Gillian Tett ft.trib.al/KYmKUM6
Mark Cliffe retweeted
New short-term climate scenarios from @NGFS_ ignore innate economic and financial volatility and understate transition risks, says economic consultant @markcliffe. >> greencb.co/3ZcvgjB
Mark Cliffe retweeted
🇪🇺 Economist @markcliffe of London Institute of Banking & Finance and the @GSI_Exeter explains why the @ECB needs to rethink its climate scenarios.
GreenCB.co/40UJN4L
Mark Cliffe retweeted
🇪🇺 Economist @markcliffe of London Institute of Banking & Finance and the @GSI_Exeter explains why the @ECB needs to rethink its climate scenarios.
GreenCB.co/40UJN4L
Mark Cliffe retweeted
🇪🇺 Economist @markcliffe of London Institute of Banking & Finance and @GSI_Exeter explains why the @ECB needs to rethink its climate scenarios.
GreenCB.co/40UJN4L
Agreed! I proposed taxes based on car sizes in my FT article "Small is Cool" : xitter.cf/markcliffe
Fascinating data analysis from the Economist looking at 7.5m US car crashes
The chart below shows likelihood of you dying in a car crash by weight of your car (grey line) and weight of other car (red line)
So it’s in our own self interest to get a heavier car (slight reduction in chance of our own death) but definitely not in society’s (big increase in chance other driver dies if our car gets heavier)
Potential case for additional tax for cars over 4000lbs (from that point on there’s little extra safety for the driver but a lot of risk for others)
From ‘Big is Hot’ to ‘Small is Cool’ – we need to curb our culture of excess. From oversized SUVs to McMansions, it fuels environmental damage and inequality. Taxes could help us break the habit. @hausfath @ProfMarkMaslin @_HannahRitchie @ftopinion @bmay tinyurl.com/3wfjhb3p
From ‘Big is Hot’ to ‘Small is Cool’ – we need to tackle the fashion for bigger cars and homes and disposal clothing. Taxes could help us break the habit, making growth more sustainable and equitable @bmay @zerowastehome @venetialamanna @ajabarber tinyurl.com/h2chnk73
From ‘Big is Hot’ to ‘Small is Cool’ – we need to curb our culture of excess. From oversized SUVs to McMansions, it fuels environmental damage and inequality. Taxes could help us break the habit. @MattMcGrathBBC @KateRaworth @jasonhickel @rorysutherland tinyurl.com/h2chnk73
We need an Office for Sustainability Planning in the UK to embed realistic climate scenarios into government and business action: tinyurl.com/5caf4yfr @kingsbschool @DavidCarlin7 @topnigel
Targeting the growth in public sector net worth, rather than public debt, could transform the perception and performance of government in the UK. See my article for the Evening Standard tinyurl.com/2ryxtyrr @ChrisGiles_ @mehreenkhn @OBR_UK @_FinancialWorld #ukfiscal
✍️@markcliffe: Setting annual targets for the change in national wealth would transform government standard.co.uk/business/labo…
Sticking by the @Conservatives’ debt rule is undermining @UKLabour’s aims to boost growth and investment. It should target national wealth instead. See my latest article for the Evening Standard tinyurl.com/4nub7kwr @joshsimonstweet @SThompson20 @RachelReevesMP #ukfiscal
✍️@markcliffe: Setting annual targets for the change in national wealth would transform government standard.co.uk/business/labo…
Mark Cliffe retweeted
Last week OMFIF Sustainable Policy Institute hosted an insightful roundtable on how pension funds are adapting to climate change 🌏
Key topics included navigating challenges from climate events, adapting investment strategies and reassessing risk models.
#sustainablefinance
Mark Cliffe retweeted
Replying to @markcliffe
@markcliffe speaking at an @ippr event Monday with @Miatsf. What can @UKLabour can do in office to ensure that investments are based on real climate risks, not 'the world will carry on bau' scenarios. Pension money is sent to boost more damaging climate changes. @RachelReevesMP
Mark Cliffe retweeted
We urgently need a shift in the climate scenarios used by investors, govts, and business to address climate change. Prof Tim Lenton joins a stellar panel at #ClimateWeekNYC today on action required @topnigel @tanyakhotin @markcliffe @nikitasinghal23 @CampanaleMark & Nehan Naim
No Time To Lose - Exeter-USS report on why we need realistic climate scenarios that show the full range of risks we're facing #NetZero #ClimateAction
tinyurl.com/yrw8hpja
We’re living on Planet VUCA, not Planet NGFS markcliffe.wordpress.com/202…



















