Ambrogio Cesa-Bianchi, Federico Di Pace, Aydan Dogan and Alex Haberis The recent steep rise in energy prices led to a rise in the price of energy-intensive tradable goods, with inflationary pressures subsequently broadening into services in many economies. Because services are less traded and have little energy input some have suggested this broadening might indicate … Continue reading Tradable cost shocks and non-tradable inflation: real wages and spillovers
Energy
By Juan Cole / Informed Comment Ann Arbor (Informed Comment) – The Energy Information Agency of the US Department of Energy announced this week that for the first time in US history, renewable sources generated more electricity in 2022 than did coal. Renewables also outstripped nuclear power generation, for the second year in a row. In fact, […]
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The Albanese Government has come up with the novel solution of solving Australia’s gas shortage by selling the mining rights to niche news network Sky News After Dark ”The gas reserves coming out of Paul Murray’s show alone is enough... Read More ›
Pathetic lack of vision exposes Labour’s lack of substance The absolute lack of vision, backbone and political imagination of Keir Starmer’s Labour has been exposed yet again, after some details of tomorrow’s budget were leaked to the media. Jeremy Hunt’s budget looks set to be the usual Tory vapour and spin – but still more […]
Thomas Perrett looks at the Whitehall changes over environmental policy, and sees a lot of deckchairs being re-arranged which fail to address the climate emergency
Lamest possible show of desperation as party masquerades as Scottish rivals during leadership debate The Labour party under Keir Starmer put its political and moral bankruptcy on show again in the clearest possible way, when the Labour press Twitter account pretended to be the SNP last night and attacked the Scottish nationalist party for having […]
The UK gives more to bioenergy firms than any other country in the world, reports Rachel Donald
Niche news network Sky News Australia have blamed Australia’s rising cost of living as the reason for their shows rating so poorly. ”Interest rates and energy prices are going up, so the poor Aussie battler can barely afford to turn... Read More ›
BP has reported record annual profits - while also scaling back plans to reduce the amount of oil and gas it produces by the end of the decade
Press office sending weird countdown timer to hacks and Twitter account changed to same logo, while press office not answering calls. Hacked, or just desperately trying to get some press engagement? The Labour party may have allowed yet another hacking attack, after its press account starting sending a strange black and white countdown timer to […]