December 23, 2022

Economics

For big corporations, The Inflation Reduction Act “definitively changes the narrative from risk mitigation to opportunity capture.”

David McNew / Getty

"Late in September, analysts at the investment bank Credit Suisse published a research note about America’s new climate law that went nearly unnoticed. The Inflation Reduction Act, the bank argued, is even more important than has been recognized so far: The IRA will 'will have a profound effect across industries in the next decade and beyond' and could ultimately shape the direction of the American economy, the bank said. The report shows how even after the bonanza of climate-bill coverage earlier this year, we’re still only beginning to understand how the law works and what it might mean for the economy."

"... Even setting its arduous politics aside, managing climate change is a legitimately difficult technical and cultural problem—it’s going to require as many attentive and enthusiastic brains as possible, and the path to decarbonizing always required an infusion of new workers, investment, and good will. If you don’t yet work in the industry, but have always cared about climate change as an issue, well, this is your moment to get involved. These companies are going to need engineers, yes, but also programmers, accountants, marketers, HR staff, general counsels—there is space for everyone now.

"The fight against climate change is going to change more in the next four years than it has in the past 40. The great story of our lives is just beginning. Welcome aboard." - Robinson Meyer

ARTICLE: The Climate Economy is About to Explode

Economics

Making secondhand shopping feel stylish and enjoyable

‍ARTICLE: How Sweden’s ‘Secondhand Only’ Shopping Mall is Changing Retail

Economics

Endless growth is destroying the planet. We know how to stop it.

BOOK REVIEW: The Urgent Case for Shrinking the Economy

Economics

How money can help to disrupt some of the deep, systemic inequities in this country, instead of continuing to feed them.

BOOK EXCERPT: Decolonizing Wealth. What If Money Could Heal Us?

Economics

Why can't everyone have well-funded schools, reliable infrastructure, wages that keep workers out of poverty, or a comprehensive public health system equipped to handle pandemics?

ARTICLE: The Way Out of America’s Zero-Sum Thinking on Race and Wealth