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Browsing: sustaining sustainability
- Experts call for a shift from short-term political cycles to forward-looking, long-term effort to address the climate crisis effectively.
- Carbon taxation taxes carbon, it doesn’t tax energy. It creates incentives for the private sector to move from fossil fuels to alternative sources of energy.
- Globally, countries pump $5 to $7 trillion dollars a year into fossil fuel subsidies. Experts argue that if you stopped that and put it into clean technologies, we would have solved the problem.
In a world increasingly shaped by the dual crises of climate change and economic instability, the Oxford Department of Economics, in collaboration with EBC Financial Group (EBC), hosted a pivotal session in the “What Economists Really Do?” (WERD) series.
The event brought together leading minds from academia and finance to explore actionable strategies for aligning economic systems with environmental sustainability while addressing pressing societal concerns.
The event, titled “Macroeconomics and Climate,” …