Niko Jaakkola
@nikoecon.bsky.social
Associate Prof, Uni Bologna, Economics of climate & natural resources. Tweeting also as citizen, 🇫🇮/🇪🇺 and as resident 🇮🇹. Views are mine, most likely borrowed from somewhere.
Suomeksi @nikoekon.bsky.social
https://sites.google.com/view/jaakkola
Suomeksi @nikoekon.bsky.social
https://sites.google.com/view/jaakkola
Pinned
Niko Jaakkola
@nikoecon.bsky.social
· Nov 23
“Big Push” Green Industrial Policy
Carbon pricing is a central part of climate policy, but is politically difficult while the economy is still reliant on fossil fuels
The long-lived green investments required to break the carbon lock-...
www.cesifo.org
I wrote a policy piece for the EconPol Forum, together with Rick van der Ploeg and Tony Venables. We argue that decisive 'big push' green industrial policy is needed to convince firms & households that, without a doubt, the green transition is going to happen. 1/N
Reposted by Niko Jaakkola
The world has gone off track with pathways to 1.5 °C with no or low overshoot
Global energy-related emissions rose to 38 gigatonnes of CO2 in 2024, far above the reductions needed to stay on course
But avoiding the worst climate risks is still possible: iea.li/4rtMohE
Global energy-related emissions rose to 38 gigatonnes of CO2 in 2024, far above the reductions needed to stay on course
But avoiding the worst climate risks is still possible: iea.li/4rtMohE
November 28, 2025 at 2:15 PM
The world has gone off track with pathways to 1.5 °C with no or low overshoot
Global energy-related emissions rose to 38 gigatonnes of CO2 in 2024, far above the reductions needed to stay on course
But avoiding the worst climate risks is still possible: iea.li/4rtMohE
Global energy-related emissions rose to 38 gigatonnes of CO2 in 2024, far above the reductions needed to stay on course
But avoiding the worst climate risks is still possible: iea.li/4rtMohE
Reposted by Niko Jaakkola
Interesting paper highlight that binning can be misspecified in panel settings - this drives misinterpretation of extreme temperature shocks. #linkoftheday
www.dropbox.com/scl/fi/1ya6z...
www.dropbox.com/scl/fi/1ya6z...
November 29, 2025 at 1:34 PM
Interesting paper highlight that binning can be misspecified in panel settings - this drives misinterpretation of extreme temperature shocks. #linkoftheday
www.dropbox.com/scl/fi/1ya6z...
www.dropbox.com/scl/fi/1ya6z...
Reposted by Niko Jaakkola
“Mr. Trump, I’m from Donbas — why should I give my home and my region to Russia? Donbas is Ukraine.”
A Ukrainian soldier from Donetsk wrote this on a ruined wall. This isn’t politics; it’s a life tied to a street, a graveyard, a school.👇
A Ukrainian soldier from Donetsk wrote this on a ruined wall. This isn’t politics; it’s a life tied to a street, a graveyard, a school.👇
November 29, 2025 at 11:04 AM
“Mr. Trump, I’m from Donbas — why should I give my home and my region to Russia? Donbas is Ukraine.”
A Ukrainian soldier from Donetsk wrote this on a ruined wall. This isn’t politics; it’s a life tied to a street, a graveyard, a school.👇
A Ukrainian soldier from Donetsk wrote this on a ruined wall. This isn’t politics; it’s a life tied to a street, a graveyard, a school.👇
Reposted by Niko Jaakkola
Late stage kakistocracy.
Future historians are going to spend years debating whether the key driver was honest stupidity vs. cynical corruption. My working hypothesis: why can't it be both?
Future historians are going to spend years debating whether the key driver was honest stupidity vs. cynical corruption. My working hypothesis: why can't it be both?
Make Money Not War: Trump’s Real Plan for Peace in Ukraine
The Kremlin pitched the White House on peace through business. To Europe’s dismay, the president and his envoy are on board.
www.wsj.com
November 29, 2025 at 9:09 AM
Late stage kakistocracy.
Future historians are going to spend years debating whether the key driver was honest stupidity vs. cynical corruption. My working hypothesis: why can't it be both?
Future historians are going to spend years debating whether the key driver was honest stupidity vs. cynical corruption. My working hypothesis: why can't it be both?
Reposted by Niko Jaakkola
Now it is the sole responsibility of Europeans to help Ukraine maintain its dignity - and we should hold our "leaders" to account on that.
x.com/christopherj...
x.com/christopherj...
Christopher Miller on X: "Full English text of Zelensky's address to the Ukrainian nation tonight in Kyiv, via the presidential office: Ukrainians! There comes a moment in the life of every nation when everyone needs to talk things through. Honestly. Calmly. Without speculation, rumors, gossip, without" / X
Full English text of Zelensky's address to the Ukrainian nation tonight in Kyiv, via the presidential office: Ukrainians! There comes a moment in the life of every nation when everyone needs to talk things through. Honestly. Calmly. Without speculation, rumors, gossip, without
x.com
November 21, 2025 at 8:24 PM
Now it is the sole responsibility of Europeans to help Ukraine maintain its dignity - and we should hold our "leaders" to account on that.
x.com/christopherj...
x.com/christopherj...
Reposted by Niko Jaakkola
Idea: Immigrants should be welcomed instead of demonized.
October 2, 2024 at 1:32 PM
Idea: Immigrants should be welcomed instead of demonized.
Reposted by Niko Jaakkola
"By June [2025], Russia had expanded industrial capacity to assemble about 2,900 cruise and ballistic missiles per year, according to Ukraine’s military intelligence agency."
And what happens to that capacity if there is a cease-fire in Ukraine?
And what happens to that capacity if there is a cease-fire in Ukraine?
Top U.S. Negotiator Warned Europeans That Russia Is Stockpiling Missiles
www.nytimes.com
November 27, 2025 at 5:32 PM
"By June [2025], Russia had expanded industrial capacity to assemble about 2,900 cruise and ballistic missiles per year, according to Ukraine’s military intelligence agency."
And what happens to that capacity if there is a cease-fire in Ukraine?
And what happens to that capacity if there is a cease-fire in Ukraine?
Reposted by Niko Jaakkola
Ukraine is in Europe. And he’s attacking it every day.
⁉️ Putin says Russia can put in writing it will not attack Europe
Putin says Russia can put in writing it will not attack Europe
Kremlin leader Vladimir Putin has said that Russia has been ready to state in writing that it does not intend to attack Europe.
www.pravda.com.ua
November 27, 2025 at 4:55 PM
Ukraine is in Europe. And he’s attacking it every day.
They could sign it in, say, Budapest.
⁉️ Putin says Russia can put in writing it will not attack Europe
Putin says Russia can put in writing it will not attack Europe
Kremlin leader Vladimir Putin has said that Russia has been ready to state in writing that it does not intend to attack Europe.
www.pravda.com.ua
November 27, 2025 at 4:55 PM
They could sign it in, say, Budapest.
Appeal from the Pokrovsk front line: "Russia’s war is a test of the international legal order. Should such crimes go unpunished, we can simply declare that might makes right, that borders can be redrawn by force. (...) The West must actively promote the standards it claims to defend."
Russia must get no amnesty in any peace deal for Ukraine
Gyunduz Mamedov, a lawyer-turned-soldier, fears the West will acquiesce in the Kremlin’s bid to undermine justice
www.economist.com
November 27, 2025 at 4:49 PM
Appeal from the Pokrovsk front line: "Russia’s war is a test of the international legal order. Should such crimes go unpunished, we can simply declare that might makes right, that borders can be redrawn by force. (...) The West must actively promote the standards it claims to defend."
Reposted by Niko Jaakkola
"Figure 1 shows the overall methodology."
Ladies & gentlemen: science is in serious trouble.
bsky.app/profile/erik...
Ladies & gentlemen: science is in serious trouble.
bsky.app/profile/erik...
"Runctitiononal features"? "Medical fymblal"? "1 Tol Line storee"? This gets worse the longer you look at it. But it's got to be good, because it was published in Nature Scientific Reports last week: www.nature.com/articles/s41... h/t @asa.tsbalans.se
November 27, 2025 at 9:39 AM
"Figure 1 shows the overall methodology."
Ladies & gentlemen: science is in serious trouble.
bsky.app/profile/erik...
Ladies & gentlemen: science is in serious trouble.
bsky.app/profile/erik...
Reposted by Niko Jaakkola
The war will end when Russia stops fighting. Therefore, pressure has to be put on Russia, so that they stop believing that they will win. Why is that so hard to understand?
November 27, 2025 at 1:49 AM
The war will end when Russia stops fighting. Therefore, pressure has to be put on Russia, so that they stop believing that they will win. Why is that so hard to understand?
Reposted by Niko Jaakkola
Big development as the UK government rules out any new North Sea oil and gas exploration. A decision which recognises the ongoing movement away from fossil fuels and underscores the urgency of managing the transition in a planned and just way.
assets.publishing.service.gov.uk/media/6926de...
assets.publishing.service.gov.uk/media/6926de...
November 26, 2025 at 10:15 PM
Big development as the UK government rules out any new North Sea oil and gas exploration. A decision which recognises the ongoing movement away from fossil fuels and underscores the urgency of managing the transition in a planned and just way.
assets.publishing.service.gov.uk/media/6926de...
assets.publishing.service.gov.uk/media/6926de...
Reposted by Niko Jaakkola
OF COURSE the leaked transcript was an attempt to disrupt damaging US-Russian peace talks, which are extremely dangerous for Europe and Ukraine
www.nbcnews.com/world/russia...
www.nbcnews.com/world/russia...
Kremlin says leaked U.S. call is an attempt to disrupt Ukraine peace talks
President Donald Trump, whose envoy Steve Witkoff will visit Moscow next week, said he had no deadline for a deal after earlier pressuring Kyiv to endorse a proposal by Thanksgiving.
www.nbcnews.com
November 26, 2025 at 7:21 PM
OF COURSE the leaked transcript was an attempt to disrupt damaging US-Russian peace talks, which are extremely dangerous for Europe and Ukraine
www.nbcnews.com/world/russia...
www.nbcnews.com/world/russia...
Reposted by Niko Jaakkola
What folks need to realize about "peace talks" is that this is all theater for Washington. Ukraine knows that Russia has no intention of stopping the war, and the Russians know the Ukrainians know that. So this is just all a performance for Trump, hoping he blames the other for the lack of peace.
November 26, 2025 at 1:24 PM
What folks need to realize about "peace talks" is that this is all theater for Washington. Ukraine knows that Russia has no intention of stopping the war, and the Russians know the Ukrainians know that. So this is just all a performance for Trump, hoping he blames the other for the lack of peace.
Reposted by Niko Jaakkola
Anecdotally, while I was looking for a source to refer to for this article with the search words ”Russia rejects US peace plan”, I found media articles on that topic from November 2024, February, May, June, September, and October 2025.
Made an effort to establish a timeline of this latest iteration of essentially the same old attempt by the Trump administration to force a peace deal, doomed to fail like the previous three times.
The number of plot twists would have been amusing, if it wasn’t so cruel to Ukraine.
The number of plot twists would have been amusing, if it wasn’t so cruel to Ukraine.
The Rise and Fall of the Dim-Wit Plan
The latest iteration of a "secret US-Russia peace plan for Ukraine" would have been funny, if it wasn't so cruel to Ukraine.
open.substack.com
November 26, 2025 at 5:39 PM
Anecdotally, while I was looking for a source to refer to for this article with the search words ”Russia rejects US peace plan”, I found media articles on that topic from November 2024, February, May, June, September, and October 2025.
Reposted by Niko Jaakkola
If Trump wants to look for treason by American officials, he need look no further.
EXCLUSIVE: US presidential envoy Steve Witkoff advised Russia on how to pitch Ukraine plans to Trump, in audio files reviewed by Bloomberg
Witkoff Advised Russia on How to Pitch Ukraine Plan to Trump
US presidential envoy Steve Witkoff, fresh from the triumph of the Gaza peace deal, held a phone call last month with a senior Kremlin official to suggest they work together on a similar plan for Ukraine — and that Vladimir Putin should raise it with Donald Trump.
bloom.bg
November 25, 2025 at 11:46 PM
If Trump wants to look for treason by American officials, he need look no further.
Reposted by Niko Jaakkola
But I tell ya what: I've been speaking with some Ukrainians over the weekend who say that the US cutting off aid would be bad, but not the end of the world. "It's not 2023," they argue. Ukraine is significantly more self-sufficient than it was previously.
November 22, 2025 at 11:22 PM
But I tell ya what: I've been speaking with some Ukrainians over the weekend who say that the US cutting off aid would be bad, but not the end of the world. "It's not 2023," they argue. Ukraine is significantly more self-sufficient than it was previously.
"Is this 'buccaneering'?"
The Economist on the British government's proposal that the country with the comparatively best record on integration in one generation could emulate Denmark, which struggles in integration, and where the tough line on asylum presents further barriers
November 22, 2025 at 6:05 PM
"Is this 'buccaneering'?"
Reposted by Niko Jaakkola
After more than 10 years of “the Danish Model”, nativism is hegemonic in the country, the far right polls near level highs again, and the Social Democrats lost Copenhagen and poll at historic low.
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
The ‘Danish model’ is the darling of centre-left parties like Labour. The problem is, it doesn’t even work in Denmark | Cas Mudde
This week’s local elections are the latest reminder that when social democrats move rightwards, they’re making a mistake, says academic and author Cas Mudde
www.theguardian.com
November 22, 2025 at 1:59 PM
After more than 10 years of “the Danish Model”, nativism is hegemonic in the country, the far right polls near level highs again, and the Social Democrats lost Copenhagen and poll at historic low.
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
European Social Democrats should look at the facts, not the myths!
Me in @theguardian.com
Reposted by Niko Jaakkola
Many people think about cold in Northern Europe if the Atlantic Ocean current system #AMOC fails. But that wouldn’t be the only problem for Europe by far.
This new study shows that severe drought is another one. 🌊
This new study shows that severe drought is another one. 🌊
📢 New paper on the impacts of AMOC collapse on European hydroclimate. 🌊
We find an AMOC collapse would exacerbate drought conditions across Europe, linked to reduced precipitation. In combination with climate change droughts are expected to become more frequent and severe.
doi.org/10.5194/hess...
We find an AMOC collapse would exacerbate drought conditions across Europe, linked to reduced precipitation. In combination with climate change droughts are expected to become more frequent and severe.
doi.org/10.5194/hess...
Changing European hydroclimate under a collapsed AMOC in the Community Earth System Model
Abstract. The Atlantic Meridional Overturning Circulation (AMOC) is expected to weaken or even collapse under anthropogenic climate change. Given the importance of the AMOC in the present-day climate,...
doi.org
November 22, 2025 at 5:52 AM
Many people think about cold in Northern Europe if the Atlantic Ocean current system #AMOC fails. But that wouldn’t be the only problem for Europe by far.
This new study shows that severe drought is another one. 🌊
This new study shows that severe drought is another one. 🌊
Reposted by Niko Jaakkola
This is not a peace plan. It is a proposal that weakens Ukraine and divides America from Europe, preparing the way for a larger war in the future. In the meantime, it benefits unnamed Russian and American investors, at the expense of everyone else.
www.theatlantic.com/ideas/2025/1...
www.theatlantic.com/ideas/2025/1...
Trump Has a Recipe for War and Corruption, Not Peace
Who would benefit from the White House’s 28-point proposal for Ukraine?
www.theatlantic.com
November 22, 2025 at 11:11 AM
This is not a peace plan. It is a proposal that weakens Ukraine and divides America from Europe, preparing the way for a larger war in the future. In the meantime, it benefits unnamed Russian and American investors, at the expense of everyone else.
www.theatlantic.com/ideas/2025/1...
www.theatlantic.com/ideas/2025/1...
Reposted by Niko Jaakkola
The EU, by virtue of its huge market and its expertise, has convening power, especially in trade. It should set itself up as the champion of like-minded countries that want to forge ahead without America
To avoid crushing change, Europe must take control of its destiny
If it does not, China will exploit the continent’s weaknesses
econ.st
November 22, 2025 at 11:40 AM
The EU, by virtue of its huge market and its expertise, has convening power, especially in trade. It should set itself up as the champion of like-minded countries that want to forge ahead without America
Reposted by Niko Jaakkola
From the great new NBER paper by Bloom et al on the cost of Brexit.
It ain't pretty - they estimate UK GDP is down between 6-8%. Consistent with the doppelgang model of @johnspringford.bsky.social for CER.
A lot of 'free' GDP available availabe for Labour if it had the courage to reset properly.
It ain't pretty - they estimate UK GDP is down between 6-8%. Consistent with the doppelgang model of @johnspringford.bsky.social for CER.
A lot of 'free' GDP available availabe for Labour if it had the courage to reset properly.
November 17, 2025 at 9:57 PM
From the great new NBER paper by Bloom et al on the cost of Brexit.
It ain't pretty - they estimate UK GDP is down between 6-8%. Consistent with the doppelgang model of @johnspringford.bsky.social for CER.
A lot of 'free' GDP available availabe for Labour if it had the courage to reset properly.
It ain't pretty - they estimate UK GDP is down between 6-8%. Consistent with the doppelgang model of @johnspringford.bsky.social for CER.
A lot of 'free' GDP available availabe for Labour if it had the courage to reset properly.
The world's richest man invests $20bn in training an AI to claim he's more moral than Jesus and physically tougher than Mike Tyson.
The president of the USA is desperately grabbing for the Nobel Peace Prize by rewarding aggression, while trying to make a quick buck in the process.
The president of the USA is desperately grabbing for the Nobel Peace Prize by rewarding aggression, while trying to make a quick buck in the process.
November 22, 2025 at 10:26 AM
The world's richest man invests $20bn in training an AI to claim he's more moral than Jesus and physically tougher than Mike Tyson.
The president of the USA is desperately grabbing for the Nobel Peace Prize by rewarding aggression, while trying to make a quick buck in the process.
The president of the USA is desperately grabbing for the Nobel Peace Prize by rewarding aggression, while trying to make a quick buck in the process.