Kristina Karlsson

Sep 19, 2024 | rooseveltinstitute.org | Niko Lusiani |Lauren Melodia |Kristina Karlsson |Felicia Wong

I. IntroductionThe United States is in the beginning stages of a momentous energy transition. In the next few decades, our country must move away from an arcane, centralized, fossil fuel–based energy system and toward a more decentralized, renewable system promising to “electrify everything”—from heating, to cooking, to transport, to data processing, and beyond.

Sep 18, 2024 | rooseveltinstitute.org | Kristina Karlsson

My testimony today will focus on the ways that the structure and behaviors of oil and gas companies create risk for the macroeconomy with few, if any, commensurate public benefits. The US produces more oil than any other country on earth, but oil and gas firms—subsidized by taxpayers—are not delivering on their promise of providing stable and cheap domestic energy. In June of 2022, inflation peaked at 9.1 percent.

Aug 29, 2024 | angrybearblog.com | Sarah Bloom Raskin |Kristina Karlsson |Bill Haskell

Two excellent short and very readable mini articles (to be redundant). Both pieces are pointing to a direction the Fed should take in the next year or sooner with regard to Climate Change. It is doubtful they will do so until catastrophe hits. What is a few $billion more in spending, right??? This aspect of our economy and how it can impact the economy should be taken into consideration in decision making and costs. This is partially why, these two articles which go well together are on Angry Bear.

Aug 24, 2024 | rooseveltinstitute.org | Sarah Bloom Raskin |Kristina Karlsson

Earlier this week, we expressed our concern about the likely lack of climate analysis at this year’s Federal Reserve Jackson Hole Economic Symposium, which concludes today. We anticipated that the increasingly unignorable risks that climate poses to price stability—and in turn monetary policy transmission—would be missing from the suite of papers presented. Unfortunately, we were right.

Aug 22, 2024 | fortune.com | Sarah Bloom Raskin |Kristina Karlsson

This week at the Jackson Hole symposium, the annual gathering of the Federal Reserve in the Grand Tetons, the people who guide our financial markets will discuss the state of our economy at large, and onlookers will parse the Federal Reserve chair’s words about monetary policy. But some topics probably won’t come up. Climate impact is the elephant in the room that we haven’t heard about enough from the Fed—and that has to change.