Letter

An economist explains: Textbook economics is badly flawed when it comes to climate change

Retrieved on: 
Wednesday, April 10, 2024

But economists are hardly infallible experts on the carbon tax and other fiscal measures implemented by governments.

Key Points: 
  • But economists are hardly infallible experts on the carbon tax and other fiscal measures implemented by governments.
  • While the carbon tax increase kicked in, the Alberta fuel tax was hiked by 13 cents the same day.
  • In other words, the carbon tax has been a blessing for Smith as she deflects attention away from her own government’s role in raising gas prices.

Double standards

  • For instance, some homeowners have blamed the carbon tax for higher electricity bills in Alberta, ignoring the fact that the carbon tax does not apply to the electricity sector.
  • Double standards abound on the carbon tax.
  • While protesters chant “Axe the tax,” they ignore that fossil fuel subsidies cost them more than the carbon tax.

Textbook economics backs carbon tax

  • As an economics instructor, a key lesson is that the carbon tax is the least costly method to address carbon emissions.
  • In my pedagogical paper on climate change, I refer to McGill University economist Chris Ragan, who states that the carbon tax is more efficient than regulation.
  • But the carbon tax incentivizes investment in new technologies to limit the tax payment.

The limits of textbook economics

  • The way textbook economics approaches climate change through externalities suggests it’s simply a minor aberration.
  • Energy and raw materials are ignored, which means that biophysical or ecological limits are disregarded in the pursuit of growth.
  • Keen argues that mainstream economics assumes 90 per cent of GDP will be unaffected by climate change.
  • In short, he argues, mainstream economics has been complicit in the existential crisis of climate change.

Radical solutions

  • But it may be too little too late, necessitating radical solutions beyond the carbon tax.
  • In this regard, Keen argues that carbon pricing is not enough, calling for carbon rationing.
  • This happens by going beyond textbook economics and technical jargon by highlighting the ecological and biophysical limits to growth.


I am not affiliated with any organization. Though, I have in the past done research assistance work for the Parkland Institute.

Cairn Homes Plc: Replacement - Annual Report and Notice of AGM

Retrieved on: 
Wednesday, April 10, 2024

Dublin / London, 26 March 2024: Cairn Homes plc (“Cairn”, “the Company” or “the Group”), announces that its Annual Report for the year ended 31 December 2023, together with the Letter from the Chairman and 2024 Notice of Annual General Meeting and Form of Proxy have been issued to shareholders.

Key Points: 
  • Dublin / London, 26 March 2024: Cairn Homes plc (“Cairn”, “the Company” or “the Group”), announces that its Annual Report for the year ended 31 December 2023, together with the Letter from the Chairman and 2024 Notice of Annual General Meeting and Form of Proxy have been issued to shareholders.
  • The Annual General Meeting will be held on 10 May 2024 at 12:00 noon in The Merrion Hotel, Merrion Street Upper, Dublin 2, Ireland.
  • Copies of the above documents (including the Annual Report and Financial Statements for the year ended 31 December 2023 in ESEF compliant format) are also available on the Company's website, www.cairnhomes.com .
  • The Annual Report will also be submitted to the UK National Storage Mechanism and Euronext Dublin, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and at the following address:

Holding(s) in Company

Retrieved on: 
Wednesday, April 10, 2024

Any personal data will be processed in accordance with the requirements of data protection legislation.

Key Points: 
  • Any personal data will be processed in accordance with the requirements of data protection legislation.
  • Any queries concerning the processing of personal data by the Central Bank may be directed to [email protected] .
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).

Cairn Homes Plc: Annual Report and Notice of Annual General Meeting

Retrieved on: 
Wednesday, April 10, 2024

Dublin / London, 26 March 2024: Cairn Homes plc (“Cairn”, “the Company” or “the Group”), announces that its Annual Report for the year ended 31 December 2023, together with the Letter from the Chairman and 2024 Notice of Annual General Meeting and Form of Proxy have been issued to shareholders.

Key Points: 
  • Dublin / London, 26 March 2024: Cairn Homes plc (“Cairn”, “the Company” or “the Group”), announces that its Annual Report for the year ended 31 December 2023, together with the Letter from the Chairman and 2024 Notice of Annual General Meeting and Form of Proxy have been issued to shareholders.
  • The Annual General Meeting will be held on 10 May 2023 at 12:00 noon in The Merrion Hotel, Merrion Street Upper, Dublin 2, Ireland.
  • Copies of the above documents (including the Annual Report and Financial Statements for the year ended 31 December 2023 in ESEF compliant format) are also available on the Company's website, www.cairnhomes.com .
  • The Annual Report will also be submitted to the UK National Storage Mechanism and Euronext Dublin, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and at the following address:

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Retrieved on: 
Wednesday, April 10, 2024

Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024

Key Points: 
  • Avolta Publishes Invitation to its Annual General Meeting on May 15, 2024
    Avolta publishes the invitation to its Annual General Meeting 2024.
  • The event will take place on May 15, 2024 at 14:30 CEST (doors open at 14:00 CEST), at Rhypark, Mühlhauserstrasse 17, 4056 Basel, Switzerland.
  • The Annual General Meeting invitation and agenda, as well as the Letter of Avolta’s Chairman to Shareholders, can be accessed here: 2024 Ordinary General Meeting.

Turkiye Garanti Bankasi A.S.: Information regarding the results of Ordinary General Shareholders' Meeting

Retrieved on: 
Wednesday, April 10, 2024

The meeting minutes, list of participants and the profit distribution table are attached hereto.

Key Points: 
  • The meeting minutes, list of participants and the profit distribution table are attached hereto.
  • (The meeting minutes and the profit distribution table are in Turkish and English, whereas the list of participants is in Turkish.)
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • Contact Garanti BBVA Investor Relations:

Cairn Homes Plc: Holding(s) in Company

Retrieved on: 
Wednesday, April 10, 2024

In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

Key Points: 
  • In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
    3% threshold crossed downwards by financial instruments.
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).

Cairn Homes Plc: Holding(s) in Company

Retrieved on: 
Wednesday, April 10, 2024

iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.

Key Points: 
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).
  • xiii If the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.

EQS-News: ZEAL Network SE submits squeeze-out request

Retrieved on: 
Wednesday, April 10, 2024

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Hamburg, 27 March 2024.
  • ZEAL Network SE informed the Management Board of Lotto24 AG yesterday that it holds 95.12 percent of the shares in Lotto24 AG.
  • ZEAL Network SE has announced that it will inform Lotto24 AG of the amount of the cash compensation in a further letter, the so-called concretized request, as soon as this has been determined.

EQS-News: ZEAL Network SE submits squeeze-out request

Retrieved on: 
Wednesday, April 10, 2024

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Hamburg, 27 March 2024.
  • ZEAL Network SE informed the Management Board of Lotto24 AG yesterday that it holds 95.12 percent of the shares in Lotto24 AG.
  • ZEAL Network SE has announced that it will inform Lotto24 AG of the amount of the cash compensation in a further letter, the so-called concretized request, as soon as this has been determined.