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Essays

54 posts


War on Iran
Essays

War on Iran

Will the US’s latest military adventure deal a blow to its fossil-fuel hegemony?

By Kate Mackenzie, Tim Sahay


Xi Jinping shaking hands with: Emmanual Macron (France); Michael Martin (Ireland); Lee Jae-myung (South Korea); Mark Carney (Canada); Peteri Orppo (Finland); Kier Starmer (UK).
Essays

Conscious Uncoupling

Can America's allies bypass the hegemon?

By Tim Sahay, Kate Mackenzie



COP30 Without the USA
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COP30 Without the USA

Climate cooperation, forest funds, and the tentative move toward green industrialization

By Ghost Migrations


Plastic Planet
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Plastic Planet

Stalled negotiations and accelerating accumulation in the global petrochemicals industry

By Venus Bivar


India in the New Global Order
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India in the New Global Order

Between hydrocarbon coalitions and the green electro-state

By Shreyas Shende


Insurance in the Polycrisis
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Insurance in the Polycrisis

The future is triage on an uninsurable earth

By Kate Mackenzie, Tim Sahay


Beyond Neoliberalism?
Essays

Beyond Neoliberalism?

In search of programs, strategies, and coalitions for a new world order

By Kate Mackenzie, Tim Sahay


BRICS in 2025
Essays

BRICS in 2025

Within the BRICS group, two competing global models of energy, growth, and influence. The future of the world’s majority will be decided by the pace of the contest between green technologies and fossil fuels.

By Tim Sahay, Kate Mackenzie


April is the Cruelest Month
Essays

April is the Cruelest Month

Diversification and dedollarization in the world economy

By Kate Mackenzie, Tim Sahay


Molecules of Freedom
Essays

Molecules of Freedom

The hydra-headed global market for liquified natural gas

By Kate Mackenzie, Tim Sahay


Europe Enters Its Metal Era
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Europe Enters Its Metal Era

What kind of Europe survives a fractured transatlantic military alliance?

By Kate Mackenzie, Tim Sahay


Polycrisis 2025
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Polycrisis 2025

Diplomacy, finance, and extraction in the year ahead

By Kate Mackenzie, Tim Sahay, Lara Merling


America First?
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America First?

Escalation and reverberations in the trade war

By Kate Mackenzie, Lara Merling


Marshall Plans
Essays

Marshall Plans

New green industrial diplomacy?

By Kate Mackenzie, Tim Sahay


The Contest to Shape “Country Platforms”
Essays

The Contest to Shape “Country Platforms”

IMF reforms and Bangladesh’s revolt

By Kate Mackenzie, Tim Sahay


The View From Nairobi-Washington
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The View From Nairobi-Washington

Debt, austerity, and Kenya’s global positioning

By Tim Sahay, Kate Mackenzie


Great Green Wall
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Great Green Wall

Cat and mouse games are afoot

By Kate Mackenzie, Tim Sahay


New World Order?
Essays

New World Order?

Lender(s) of last resort, dollar dominance, and the global financial safety net

By Kate Mackenzie, Tim Sahay


A Year in Crises
Essays

A Year in Crises

Trade, war, labor, and South-North dynamics in 2023

By Tim Sahay


Hot Labor
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Hot Labor

Labor movements, labor markets, and mining

By Kate Mackenzie, Tim Sahay


Trading Order
Essays

Trading Order

Protectionism and interdependence pact?

By Kate Mackenzie, Tim Sahay


Grievance and Reform
Essays

Grievance and Reform

Will the BRICS bargaining chip bear fruit for smaller and lower-income countries?

By Kate Mackenzie, Tim Sahay


The Investment Climate
Essays

The Investment Climate

The limits of private financing

By Advait Arun


Hockey Sticks and Crosses
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Hockey Sticks and Crosses

Images that define the globalization debate

By Anthea Roberts


Global Boiling
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Global Boiling

Stocks and flows, action and inaction in the planetary impasse

By Kate Mackenzie, Tim Sahay


Washington-Paris-London Calling
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Washington-Paris-London Calling

Modi, Mottley, Zelenskyy’s attempts to change the existing world order

By Kate Mackenzie, Tim Sahay


Carbon Budget versus Fiscal Budget
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Carbon Budget versus Fiscal Budget

What’s at stake in the fiscal rules debate?

By Kate Mackenzie, Tim Sahay


Feasibility Pact?
Essays

Feasibility Pact?

Systemic reform, debt, and political feasibility at the Summit for a New Global Financing Pact in Paris

By Ghost Migrations


Mottley in Paris, Modi in DC
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Mottley in Paris, Modi in DC

Prospects for the Summit for a New Global Financing Pact

By Kate Mackenzie, Tim Sahay


Friends With (Metal) Benefits
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Friends With (Metal) Benefits

Australia’s bid for “friendshoring” in the shifting green world order

By Kate Mackenzie, Tim Sahay


Green Industrial Strategy
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Green Industrial Strategy

The scale and scope of Biden’s landmark climate investments

By Ghost Migrations


A New Foreign Policy
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A New Foreign Policy

Understanding the “New Washington Consensus”

By Kate Mackenzie, Tim Sahay


The End of the Cold Peace
Essays

The End of the Cold Peace

Can the Asian growth miracle survive?

By Kate Mackenzie, Tim Sahay


The Gigantic Austerity Drive Underway
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The Gigantic Austerity Drive Underway

Two billion people are suffering austerity as governments follow IMF diktat

By Kate Mackenzie, Tim Sahay


Testing Loyalties
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Testing Loyalties

Pain and resolve: have we reached the beginning of the end of sanctions?

By Ghost Migrations


Mercantilist Deals of the Great Powers
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Mercantilist Deals of the Great Powers

Decoupling from China is an uphill task in both the global North and the global South

By Kate Mackenzie, Tim Sahay


Stranded Countries and Stranded Assets
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Stranded Countries and Stranded Assets

Outsourcing the energy transition to the Gulf

By Kate Mackenzie, Tim Sahay


Cash, Cars, Chemicals (and Corn)
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Cash, Cars, Chemicals (and Corn)

Three big decarbonization plots

By Kate Mackenzie, Tim Sahay


Debt and Power in Pakistan
Essays

Debt and Power in Pakistan

The subcontinent’s embattled debtor isn’t merely the passive victim of the climate crisis—it is being plundered by its elites

By Tim Sahay, Kate Mackenzie


Securitizing the Transition
Essays

Securitizing the Transition

The logic of privatization in climate finance

By Advait Arun


The Carbon Triangle
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The Carbon Triangle

China’s real estate bubble and global emissions

By Ghost Migrations


The EU and the IRA
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The EU and the IRA

Supply and demand in the great powers’ decarbonization race

By Kate Mackenzie, Tim Sahay


Don’t Say “Scramble for Africa”
Essays

Don’t Say “Scramble for Africa”

Debt, diplomacy, and the risks of a new Cold War

By Tim Sahay, Lee Harris


Essays

The Dollar and Climate

The climate crisis offers a new angle from which to evaluate US dollar hegemony, since carbon emissions are tied to economic activity

By Ghost Migrations


Essays

Inflation and Energy

Can clean energy reduce inflationary pressures?

By Kate Mackenzie


Facts on the Ground
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Facts on the Ground

Uncertainty and information in the global energy system

By Alex Turnbull


Europe’s “Leap Into the Future”
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Europe’s “Leap Into the Future”

Do exceptional crisis-fighting policies signal the arrival of an interventionist Europe?

By Tim Sahay, Kate Mackenzie, Lee Harris


Development Bank Self-Sabotage
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Development Bank Self-Sabotage

What’s stopping MDBs?

By Tim Sahay, Kate Mackenzie, Lee Harris


Collective Action and Climate Finance
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Collective Action and Climate Finance

Can the COP move markets?

By Kate Mackenzie, Tim Sahay


A New Non-Alignment
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A New Non-Alignment

How developing countries are flouting Western sanctions and playing the great powers off each other

By Tim Sahay


Domestic Politics & Planetary Change
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Domestic Politics & Planetary Change

Will a Lula victory be better for the climate than anything that happens at COP27?

By Kate Mackenzie, Tim Sahay



Militarized Adaptation
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Militarized Adaptation

War, energy, and NATO’s new climate framework

By Mona Ali