The Big Short

A significant chunk of global financial markets is at risk in a carbon constrained future. But while recent events have diverted attention from the transition, sustainability shouldn’t be on the backburner.

You can do a lot with a well-thought-out nudge, but you probably can’t solve either of the crises of the moment, covid-19 and climate change, according to Richard H. Thaler. The behavioural economist and Nobel Laureate addressed a predominantly Australian webinar audience last week (August 24), organised by the University of Sydney Business School, where…