Carbon’s creative destruction

Clean air is certainly the flavour of the month in Europe judging from the skyrocketing price of carbon. Since April last year, emissions units on the EU’s Emissions Trading Scheme (“ETS”) have nearly quadrupled from €15 to above €56 (NZ$95) this week. Read more

Insights Newsletter
21 May, 2021

Falling short in the long run

As economics Nobel laureate Paul Krugman once put it, “Productivity isn’t everything, but, in the long run, it is almost everything.” Which makes you wonder what Krugman would think of yesterday’s Budget. Hidden behind headlines of benefit increases, spending initiatives and a new unemployment insurance scheme lies a worrying small detail. Read more

Dr Eric Crampton
Insights Newsletter
21 May, 2021

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