According to the IPCC, climate change is closely linked to unsustainable levels of material consumption in our modern societies. If this were indeed the case, it is necessary to examine the underlying causes of this economic phenomenon. In this article, we make the case that unsustainable levels of consumption may not be an inherent vice of capitalism, but a consequence of monetary policy. Consumption and … Continuer de lire European Monetary Policy and Climate Change by Viraj Bhide

A few months before the EU General Court (GC) released its order dismissing the Carvalho case (also known as the People’s climate case), a new climate action for annulment was brought before the same Court on 4 March 2019, namely Sabo (or the EU Biomass case). In Sabo (still pending before the GC), the applicants are seeking the annulment of the inclusion of ‘forest biomass’ … Continuer de lire Climate change litigation before EU Courts and the ‘butterfly effect’ by Mario Pagano