Visiting Professor LIBF, Board Advisor, Project Syndicate columnist - looking for more from economics and SWFC. https://xitter.cf/t.co/0LRmzBY9ud WAWAW (views are mine)

London
Joined February 2009
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...
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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
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🇪🇺 Economist @markcliffe of London Institute of Banking & Finance and @GSI_Exeter explains why the @ECB needs to rethink its climate scenarios. GreenCB.co/40UJN4L
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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)
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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
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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
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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
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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
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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
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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
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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
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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
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