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Niko Jaakkola

@nikoecon.bsky.social

2.3K followers 2.5K following 1.3K posts

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

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Niko Jaakkola @nikoecon.bsky.social · Nov 23

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

“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

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Federica Genovese @fgenovese.bsky.social · 4h

remember that this mayhem is a direct consequence of Macron’s post-EP elections gamble, which might well be the French version of Cameron’s “chaos with Ed Miliband” moment

Federica Genovese @fgenovese.bsky.social · 4h

too bad for all you anglophones missing out on Lecornu government replacing Lecornu government memes on French social media

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Janne M. Korhonen @jmkorhonen.fi · 3h

AND he basically founded a real life Phoenix Foundation to do it! No word of whether they had hired anyone named McGyver though.

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Niko Jaakkola @nikoecon.bsky.social · 3h

Wild: a Finnish retired counterintelligence officer won the lottery and decided he'd simply keep on doing what he had been doing -- hunting Russian spies -- also putting his newly-won money where his mouth was.

Janne M. Korhonen @jmkorhonen.fi · 3h

Finnish #intelligence #history keeps having wild plot twists.

A retired Finnish spy-catcher with probably a world record in catching Soviet “illegals” (“at least” 25) got the largest lottery jackpot in Europe - and used the millions to do and help counterintelligence.

www.hs.fi/tutkiva/art-...

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Angie Rasmussen @angierasmussen.bsky.social · 11h

I don’t know who needs to hear this but the CDC is being eviscerated right now. America is not going to have any kind of outbreak response capacity after tonight. Americans’ health data is no longer secure. Say goodbye to federal public health in any capacity. It’s a disaster. We won’t recover.

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Stanley Pignal @spignal.bsky.social · 1d

I've been a bit sceptical of the "exodus of US-based academics to Europe" thing, but this is a notable move.

Florian Scheuer @florianscheuer.bsky.social · 1d

I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.

🧵 1/7

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Niko Jaakkola @nikoecon.bsky.social · 1d

👀

Florian Scheuer @florianscheuer.bsky.social · 1d

Niko Jaakkola @nikoecon.bsky.social · 1d

Thank you! I encountered the other pronunciation only a few years ago and thought I was going crazy.

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Tim White @twmcltd.bsky.social · 1d

We are expecting the exact figures of missiles and drones fired by Russia within a few minutes. But we do know over 450 drones + 30 missiles were fired at Ukraine.

One child died and more than 20 were injured in the overnight attack.
Here are pictures from Kyiv.

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Tim White @twmcltd.bsky.social · 1d

Due to the overnight Russian attacks, hundreds of thousands have no power in Ukraine, many no gas or even water too.

Even when reconnected, enforced blackouts will happen to "share energy" in Kyiv, Donetsk, Dnipropetrovsk, Cherkasy, Chernihiv, Kharkiv, Sumy, Poltava and Odessa regions.

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Niko Jaakkola @nikoecon.bsky.social · 1d

Excellent by @spignal.bsky.social, on European politicians using Brussels as a smokescreen and scapegoat.

'[G]iven that national governments form the backbone of the eu, “blaming Brussels” is akin to a ventriloquist haranguing his own puppet for being foul-mouthed.'

“Brussels” is the phantom menace Europe loves to blame

Why bashing the EU is likely to become ever more popular

www.economist.com

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Raj Raizada @rajraizada.bsky.social · 5d

It looks like the Wikipedia page for Mary Brunkow got created literally just this morning, after her Nobel Prize was announced. I had heard that women in academia tend to be somewhat under-represented on Wikipedia, but this is a particularly stark example.
en.wikipedia.org/w/index.php?...

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Niko Jaakkola @nikoecon.bsky.social · 1d

The drab-green transition? Largest private energy firm in Ukraine intends to scale up renewable generation capacity, because it is more resilient against missile attacks.

Russian air strikes disable 60% of Ukraine’s gas production ahead of winter

Moscow’s intensified drone and missile campaign seeks ‘to break our spirit’, says head of state energy group

www.ft.com

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Charly Salonius-Pasternak @charlyjsp.bsky.social · 1d

Donald Trump says unequivocally that the United States would come to help defend Finland if Russia attacked.

When pressed how, he said “vigorously”

Love the icebreaker deal, but 👆🏼 was the most important thing from the visit.

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Jacob Edenhofer @jacobedenhofer.bsky.social · 3d

Some thoughts on the strategic logic behind Kemi Badenoch’s announcement that she’d scrap the Climate Change Act (CCA).
It serves two functions:
1️⃣ It appeals to lukewarm pivotal voters in marginal seats sceptical of costly green measures.
2️⃣ It is designed to
www.theguardian.com/environment/...

Kemi Badenoch vows to repeal Climate Change Act

Tory leader says she would replace it with ‘cheap energy’ strategy, ending decades-long consensus on climate

www.theguardian.com

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Helene von Bismarck @helenebismarck.bsky.social · 3d

Absolutely.
Predictions are a risky business but right now, I don‘t see Farage in Downing Street. I see a hung Parliament where 5 different parties get 15-20% of the vote. And then what?

John Oxley @joxley.jmoxley.co.uk · 3d

Think an underpriced 2029 scenario is "ungovernable mess".

Rob Ford @robfordmancs.bsky.social · 4d

Four parties within a 5 point swing of first place and five parties on 12% plus.

This would be pure chaos under first past the post.

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Christine Lagarde @president.ecb.europa.eu · 3d

The international role of the euro cannot be a secondary question.

It is central to Europe’s ability to turn the euro from a safe-haven currency into a truly global currency, and to turn our weaknesses into lasting benefits.

Read my speech link.europa.eu/fdWYqH

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Iikka Korhonen @iikkakorhonen.bsky.social · 3d

[Belgium] has spent three years saying Euroclear is Belgian and so are the benefits,” said one senior EU diplomat involved in talks on the matter. “Now, when it wants to share the risks, it claims Euroclear is European.”
🇧🇪🇪🇺🇺🇸
on.ft.com/4nGTIEj

EU pressure builds on Belgium to allow use of Russia’s frozen assets

Belgian Prime Minister Bart De Wever insists other capitals should cover financial and legal risks of €140bn loan

on.ft.com

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Helene von Bismarck @helenebismarck.bsky.social · 6d

Well it has happened.
The leadership of the Conservative&Unionist Party is advocating leaving the ECHR. Not reforming it, or working with other members to alter any rules.
Leave it. Like Putin’s Russia.
I can’t help wondering what those Tories who are rightly proud of 🇬🇧’s support for 🇺🇦 are thinking.

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Professor Dr Richard S.J. Tol FREcon MAE @richardtol.bsky.social · 6d

Some more words on Energy Economics open.substack.com/pub/richardt...

Autopsy

Lessons for editors

open.substack.com

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Sam Bird 🏔️🍁🇨🇦 @sambir.bsky.social · 6d

The thing you notice in Yellowknife is that residents, whom, unlike most Canadians, have serious winters, predominantly drive normal CARS year-round. Capable & suitable.
In summer, they demonstrate that it's perfectly normal & practical to strap a 17' canoe to the roof a 14' car.

David Zipper @davidzipper.bsky.social · 8d

You might think that the mayor of Yellowknife, the capital of Canada's vast Northwest Territories, would be a fan of giant pickups.

Nope. He's disgusted by car bloat.

www.linkedin.com/posts/benjam...

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Max Bergmann @maxbergmann.bsky.social · 9d

So much of the coverage of the EU is hyper-micro. It's all about the sausage making. So story out of Copenhagen European Council is "dithering," "all talk, no action," nothing fully agreed, etc. It's an effing meeting! Take a step back... they are moving on Eurobonds/frozen Russian assets. 1/

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Max Bergmann @maxbergmann.bsky.social · 9d

But the EU machine is moving. Huge steps are being taken on mobilizing money to replace the US on Ukraine and to push Ukraine EU membership forward. The EU finds a way and while sausage making ain't pretty... sausage is pretty great in the end.

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Niko Jaakkola @nikoecon.bsky.social · 11d

"Silicon shield"

Maximilian Mayer @maximilianiras.bsky.social · 11d

‚The Trump administration is pressuring Taiwan to rapidly move 50 percent of its chip production into the US if it wants ensured protection against a threatened Chinese invasion, US Commerce Secretary Howard Lutnick told NewsNation this weekend.‘

Taiwan pressured to move 50% of chip production to US or lose protection

Trump official plots “impossible” deal moving Taiwan’s chip supply chain into US.

arstechnica.com

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Jon B. Wolfsthal 🤯 @jonatomic.bsky.social · 14d

I really appreciate the @thebulletin.org publishing my thoughts on why Trump should accept Putin’s offer to extend New START nuclear caps for one more year.

thebulletin.org/2025/09/why-...

US does not need more nukes (yet) to deter China and if we race, Russia could build more than US can.

Why President Trump should put off the new nuclear arms race for one more year

Extending the New START nuclear arms control treaty by a year, even informally, would be a security and diplomatic win for the United States.

thebulletin.org

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WuTangIsForTheChildren @wutangforchildren.bsky.social · 12d

ICE Nazis in Chicago tried to kidnap a food delivery worker but my man was too fast for those slow bastards

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