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Unburnable Carbon, Stranded Assets, and the Green Paradox

Photo by Chris LeBoutillier on Unsplash Unburnable carbon is to the notion that the volume of fossil fuels remaining in the ground, specifically that of crude, exceeds humanity’s “budget”, or the carbon emission cap we need to implement to limit temperature rise by 2°C. This forecast turns a significant (majority) portion of world oil reserves into stranded

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What is Cyclical, Frictional, And Structural Unemployment?

Photo by Alex Kotliarskyi on Unsplash Frictional unemployment, structural unemployment, and cyclical unemployment are three different types of unemployment that occur in the economy. Whether the economy is good or bad, there are always people transitioning between jobs. While these workers can be skilled and have no trouble getting a new job, the size of the labour

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