Impacts Photo by Ruth H Curtis on Unsplash Herman Daly, 84, who challenged the economic gospel of growth, dies Perhaps the best-known ecological economist, he faulted his mainstream peers for failing to account for the environmental harm growth can bring.
This pioneering economist says our obsession with growth must end “It’s a false assumption,” argues Herman Daly, “to say that growth is increasing the standard of living in the present world.”
Politics www.nytimes.com The Fed faces criticism as it wades into climate and equity issues The Federal Reserve is proudly politically independent. That makes key discussions around climate change and racial inequity a balancing act.
Impacts www.nytimes.com As winter sweeps the South, Fed officials focus on climate change A top Federal Reserve official says climate scenario analysis could be valuable in making sure that banks mind their climate-tied weak spots.
Solutions www.nytimes.com Fed joins climate network, to applause from the left The central bank joined a network of global financial regulators focused on climate risk. The response to the move underlined its tricky politics.