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In a September letter, 17 Nobel laureates —including Joseph Stiglitz— said they believe the spending plans "will ease longer-term inflationary pressures."
“We never thought climate change would affect national boundaries. So many laws are designed for an old world, and we’re in a new kind of world now,” Ben Orlove comments.
Antoine Halff of SIPA's Center on Global Energy Policy says the initial impact on prices is likely to be “not that much.”
Whether countries will follow through on the commitments made at the Glasgow climate talks is uncertain. “The incentive is to hold back, because each country represents just a small part of the total progress needed,” says Scott Barrett.
Pavina Adunratanasee MPA '14 talks about the importance of investing for equitable technological scaling and innovation in our race to net-zero.
“Both sides would incur massive losses in blood and treasure if their rivalry intensifies untempered by any sense of shared interests, and leads to war. Ditto the rest of the world,” Rajan Menon of the Saltzman Institute writes.
With Russia advancing more than 100,000 soldiers to its border with Ukraine in recent weeks, Ian Bremmer writes on Russia's goal and the reactions it evoked.
“While critics are right that pay-to-pollute strategies have no place in a net-zero world, some offsets could still have a positive – if temporary – role to play,” Geoffrey Heal writes.
Takatoshi Ito evaluates the economic policy program of Japan's new prime minister Fumio Kishida.