By M. Chatib Basri, Rema N. Hanna, and Benjamin A. Olken JAKARTA/CAMBRIDGE, MASSACHUSETTS – In addition to its health and human toll, the COVID-19 pandemic is threatening to reverse much of the progress that developing countries have made in reducing…
Tag: fossil fuel
Fossil-Fuel Exporters Must Rethink Monetary Policy
by Rabah Arezki WASHINGTON, DC – In a 2015 speech, Mark Carney, the outgoing governor of the Bank of England, sparked a debate about whether monetary policymakers should look beyond the horizon of the business and credit cycles to ensure…
Bangladesh’s fossil fuel to be used for its own uplift: PM
Prime Minister Sheikh Hasina on Tuesday reiterated her firm stance to use Bangladesh’s fossil fuel for its own economic development and the wellbeing of people.
End fossil fuel subsidies with taxpayers’ money: Guterres
“We need to tax pollution, not people”, and “end subsidies for fossil fuels,” Secretary-General António Guterres told the World Summit of the R20 Coalition on Tuesday, a UN-supported environmental organization, founded by former California governor Arnold Schwarzenegger. The idea that…