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Big changes are occurring in the financial sector that suggest the climate change agenda is starting to lose crucial support with the world’s largest fund managers. As support for ESG goals wane, the conversation is shifting to nuclear energy. But does it make any financial sense?
Nuclear energy has snuck its way onto the table of Australian public policy. Given that Australia is a country that hosts military nuclear platforms, the impetus to translate it into a civilian context is proving powerful.
You open the atlas and run your fingers along the edges of continents, climb mountains, trace valleys, pause at coastlines of sand and wave. This is where you have been and this, fingers arched, is where you want to go. Death is too faint to be seen. Though you know it’s there, the undiscovered country.
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
A sparky, exuberant pop sub-genre with roots in the ’60s was meant to have died at the end of the ’70s, but its impact and influence are still being felt today. But what was it exactly and why does it matter?
What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance.
It’s that time of year when futurists and prophets play fast and loose, projecting visions rife with both promise and peril, weighing the possible against the improbable. As we contemplate competing pictures of the future, although every forecast risks missing the mark, one thing is certain: 2024 won’t be a year for the faint-hearted.
There is an economic case for acting on the climate crisis but the economics can be a distraction unless we start the conversation at the right place: the environment. A heating climate will cost us trillions. If we don’t act at all, it will cost us everything.
Can the essence of human frailty—our inconsistencies, our biases, our passions—really be replicated in ones and zeros? And if so, what becomes of the human voice once the machines learn to speak?
This November 11, for many at ceremonies around the nation, the clocks will stop, the breath will pause for a minute to remember the dead and injured of war. And like the poppies in Flanders fields, the lists of names of men killed in action continues to grow: in Africa, in Europe and Asia. If history is our teacher, then we are very poor students.
Pope Francis' latest Exhortation 'Laudate Deum,' is an evocative sequel to 'Laudato Si’, juxtaposing the urgency of our environmental predicament with the fragility of human hope. Before the upcoming COP28 conference, as nations teeter between action and inertia, the Pope's message is clear: our shared environment, and the most vulnerable among us, hang in the balance.
As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.