Nick Taylor
@ntaylor.bsky.social
1.3K followers 380 following 84 posts
Lecturer at Queen Mary Uni of London | History of welfare, unemployment; history of economics; finance & climate change 🚲🌳
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Reposted by Nick Taylor
dougparr.bsky.social
Insurance industry maps millions of UK homes at increased risk of flooding as climate change impacts ratchet up

Obviously, the insurance industry needs to make money and can't afford claims likely to result from higher flood risks

So... no insurance for some?

www.theguardian.com/environment/...
Millions more homes in Great Britain at risk of flooding, investigation finds
Every constituency projected to be at greater risk, with many areas likely to be uninsurable
www.theguardian.com
ntaylor.bsky.social
influencemap.bsky.social
📢 🚨New Report - How the UK oil and gas industry spent 15 years pushing for subsidies & incentives for Carbon Capture and Storage rather than regulatory accountability or science-based emissions reductions; maintaining a funding pipeline for a technology yet to deliver on its promises 👇
The UK Oil and Gas Industry's Advocacy on Carbon Capture and Storage (CCS)
New analysis from InfluenceMap suggests that for more than 15 years, the oil and gas industry has systematically pushed the UK government to adopt a costly, emissions-intensive energy policy agenda de...
influencemap.org
ntaylor.bsky.social
And yes CDR and CCS are different. But often rely on similar technologies and processes.
ntaylor.bsky.social
An important reminder in the context of:

1. The UK gov's pledge to invest £22bn in CCS;
2. the surge in fossil fuel lobbying in advance of that pledge.
Reposted by Nick Taylor
greenprofgreen.bsky.social
Very important paper by @gregorsemieniuk.bsky.social that shows, as I have argued, that tax policy is climate policy. We cannot phaseout #fossilfuels without attacking their wealth.
www.sciencedirect.com/science/arti...
Reposted by Nick Taylor
giuliomattioli.bsky.social
Interesting-looking article on how technological developments are used as a "technofix" is used to delay real action to reduce emissions in the aviation sector doi.org/10.1080/2158...
ntaylor.bsky.social
Interesting that AI firms are looking to set up captive insurance arms. Also used by big oil & gas firms, they are typically located in offshore jurisdictions & allow companies to boost profits, reduce tax liabilities & mask how financial liabilities are managed.

on.ft.com/46Voxh5
Insurers balk at multibillion-dollar claims faced by OpenAI and Anthropic
Companies struggle to assess scale of financial risks emerging from artificial intelligence
on.ft.com
Reposted by Nick Taylor
clasp-qmul.bsky.social
Interested about financialisation and why states foster policies that lead to the dominance of financial capital? Come to CLaSP's seminar:
Event: Financial Capital, the State, and Politics
When: 30th October, 2025; 4-530 PM
Where: Graduate Centre, QMUL Mile End Campus
Speaker: Dr. Nicholas Bernards
ntaylor.bsky.social
Stranded assets.
duncanlamont2.bsky.social
🫣 Profits are for wimps. Revenues are for losers. Ideas sell, not fundamentals

Over half the Nasdaq market is loss making. About 1-in-8 companies have no revenues

There are a lot more in these camps than in the past
ntaylor.bsky.social
"According to the report, between 2017 & 2019, insurers claimed a net loss of $432 million while somehow paying out $680 million in dividends to their stockholders. During the same period, their affiliates pocketed roughly $14 billion in profits." Creative accounting by Florida insurance companies!
ntaylor.bsky.social
A great article that also highlights how profitable insurance remains for investors, and makes a nice contrast to insurance as solidarity/interdependence. The moral economy of climate change, risk and responsibility, as Rebecca Elliott et al. have written about so well.
Reposted by Nick Taylor
greenprofgreen.bsky.social
Today is the day!!! Existential Politics is out in the world!

Read about why we’re doing climate policy wrong (too focused on measuring emissions) & what we should do instead (focus on $$ to constrain fossil asset owners & expand green asset owners). Just in time for #COP30.
Existential Politics
A new way to tackle the real politics of climate change through asset revaluation
press.princeton.edu
Reposted by Nick Taylor
elisewang.bsky.social
One of the more incredible stories out of LA this year has been how a taco review blog became the best on-the-ground coverage of ICE raids in the city.

They do a dispatch every day, follow-up on the kidnapped people (which almost no media outlet has done), and fact-check government claims.
motherjones.com
@lataco.bsky.social first began as a blog documenting local Mexican cuisine. Now, it’s an essential reporting powerhouse to the city as Trump’s mass deportation plot unfolds.

Check out the latest from our friends at Reveal: tinyurl.com/4cm2bsdr
ntaylor.bsky.social
If you're wondering whether academics have written on 'asylum hotels', I can point you in the direction of Martina Tazzioli's work on refugee carcerality & value extraction in the UK, Greece & Italy. See esp. section on financialised asylum accommodation in the UK.

dx.doi.org/10.1177/0263...
Reposted by Nick Taylor
economicthought.bsky.social
Interview: The economic style of reasoning is not value-neutral! An interview with Elizabeth Popp Berman, by Ditte Andersen
doi.org/10.1177/0001...
Reposted by Nick Taylor
agendapub.bsky.social
Just arrived:

The Social Foundations of Global Finance
edited by @chris-clarke.bsky.social & @benclift.bsky.social

Chapters by @johannespetry.bsky.social, @hozic.bsky.social, Randall Germain, Magnus Ryner, Matthew Watson & others...

#OpenAccess eBook available 👇
www.agendapub.com/page/detail/...
Reposted by Nick Taylor
Reposted by Nick Taylor
danmertens.bsky.social
Hi bsky people - if you care about how the EU seeks to fund all things "social-ecological transformation", which institutional architecture has emerged out of it, and why it is both contested and an unrealized promise: please have a look at our special issue on the politics of sustainable finance 👇
jeppjournal.bsky.social
🌱🪙 In their introduction to the Special Issue "Puzzling, powering, profiting: The politics of sustainable finance in Europe", editors
@danmertens.bsky.social and @nataschavanderzwan.bsky.social define EU sustainable finance & outline how best to analyse it 💡

🔗 www.tandfonline.com/doi/full/10....
Reposted by Nick Taylor
matpaterson.bsky.social
The UK's last coal-fired power station shut a year ago yesterday. Always worth remembering this was anything but a just transition ... theecologist.org/2024/feb/12/...
Reposted by Nick Taylor
gwagner.com
Not April 1st, not @theonion.com. Just another Monday in Trump land

www.politico.com/news/2025/09...
Energy Dept. adds ‘climate change’ and ‘emissions’ to banned words list
It is the latest in a series of Trump administration efforts to dispute, silence or downplay climate change.