The United States’ recently enacted Inflation Reduction Act (IRA), which includes hundreds of billions in federal subsidies for green technologies and renewable energies, marks a long-overdue shift in US climate policy
I have been a congenital China optimist for most of the past 25 years. I first came to that view in the depths of the Asian financial crisis in 1997-98
The world is embroiled in a megacrisis comprising the COVID-19 pandemic, Russia’s war in Ukraine, high inflation, recession fears, and rising debt distress across emerging markets and developing countries