Miscellaneous material for your mid-week reading.
- Sujeet Indap and Akila Quinio report on the accumulation of consumer debt by private credit groups, making people's inability to meet their needs into a factor being exploited by more and more capital interests. And Robert Reich highlights the need for a more fair distribution of wealth and income for the economy to be able to function:
- Meanwhile, Roshni Sahoo et al. model the cost of ending extreme poverty around the world, and find the price of ending severe deprivation would amount to a rounding error of .3% of global GDP.
- Huilin Luo et al. examine (PDF) the effect of different greenhouse gas emission policies, and find that it's impossible to subsidize our way out of a climate breakdown without also regulating carbon pollution. Umair Irfan writes that we can't afford to give up the climate fight even as fossil fuel forces are already pushing us past dangerous thresholds. And Cloe Logan reports on Laura Tozer's lament that Mark Carney is doing nothing but undermining an already-insufficient set of federal climate policies.
- Finally, Emma Graney reports that Carney is also laying the groundwork to open up the export of single-use plastics as another means of favouring the oil sector at the expense of public and environmental health. And Juno Rylee Schultz discusses how laissez-faire theory which lets businesses decide how much pollution to emit has consistently led to people being poisoned and exploited.
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