Discussion and debate in Cambridge MBA Macroeconomics course results in an MBA student’s letter to the Financial Times on the renewable energy opportunity posed by 40-year high inflation.
Along with many other top media outlets, the Financial Times is very selective when it comes to comment by outside observers in its opinion and letters sections. Yet a letter-to-the-editor from a Cambridge MBA student, Natalie Chapman (MBA 2021), hit the mark.
Natalie’s letter about the opportunity for cleaner energy, posed by the UK’s 40-year high inflation rate of 9%, was published by the FT on 26 May – a letter that originated in her Macroeconomics course at Cambridge Judge.
“The combination of high inflation associated with non-renewables and sovereignty concerns regarding energy security is the perfect catalyst for renewables to become mainstream, both as a more economical and reliable source of energy,” said the letter.
“The UK should be doubling down on investing in energy storage, to unlock the widescale uptake of renewables, leave behind oil and gas, and transition towards a net zero carbon economy.“
The letter stemmed from group discussions in the Macroeconomics class taught by Michael Kitson, Associate Professor in International Macroeconomics and Director of the MBA programme at Cambridge Judge.
“We always stress the ‘real-world’ value of our lessons on the Cambridge MBA programme, and the dual topics of inflation and renewable energy that Natalie’s letter focuses on couldn’t be more real to today’s world,” says Michael. “It’s fantastic that the FT published her letter, which contains wise advice for policymakers and business alike.”