Economy 24 May 2012 Opinionomics | 24 May 2012 Must-read comment and analysis. Featuring the fiscal cliff. Don't fall off! Print HTML 1. Has the ‘greenest government ever’ given up on carbon budgets? (Left Foot Forward) Reg Platt reveals that there is a 50gCO2/kWh gap in the government’s ambitions that must be explained if we are to believe it is committed to meeting the carbon budgets. 2. Papademos, Grexit, and catastrophe blackmail (Telegraph) Papandreou was clueless. Papademos was complicit. Where does blame really lie, asks Ambrose Evans-Pritchard 3. Government becomes banker to the private sector (BBC News) Robert Peston examines the phenomoenon of the private sector paying the government to look after their money. 4. Fiscal cliffs, multipliers, and the myth of central bank independence (Free Exchange | Economist) Ryan Avent addresses the fiscal cliff. 5. What Bagehot said… (FT Alphaville) Cardiff Garcia has lovely historical (if very wonkish) discussion of the history. › Morning Call: pick of the papers Pictured: A fiscal cliff. Maybe. Photograph: Getty Images Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter. From only £1 a week Subscribe More Related articles Autumn Statement 2015: whatever you hear, don't forget - there is an alternative Autumn Statement 2015: How should Labour respond? Autumn Statement 2015: will women bear the brunt again?