While carbon pricing and industrial policies may have enabled policymakers in the United States and Europe to avoid difficult political choices, we cannot rely on these tools to achieve crucial climate goals. Climate policies must move away from focusing on green taxes and subsidies and enter the age of politics.
explains why achieving climate goals requires a broader combination of sector-specific policy instruments.
The long-standing economic consensus that interest rates would remain low indefinitely, making debt cost-free, is no longer tenable. Even if inflation declines, soaring debt levels, deglobalization, and populist pressures will keep rates higher for the next decade than they were in the decade following the 2008 financial crisis.
thinks that policymakers and economists must reassess their beliefs in light of current market realities.
纽约——
对于美国的国际事务观察人士来说,很难知道美国政府出了什么问题,美国目前已经无法解决国内问题,无法继续在国际事务中发挥积极作用。在现代历史上,美国统治出现危机是最糟糕的事情。而且,明年事态还会进一步恶化。
问题出在是奥巴马总统 出台的基本方案,包括在医保,气候变化和金融改革上的方案,大家很难一眼就看出到底是什么东西。毕竟,奥巴马还是很受民众欢迎的总统,他所在的民主党还把持着参众两院。但是,由于有关国家意识形态日益加剧,他所推动的议程也被迫停止。
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
Subscribe
As a registered user, you can enjoy more PS content every month – for free.
Register
Already have an account? Log in