"Business-as-usual has changed: the financial world now understands that it must be at the heart of the transition to net zero."
Super piece from m'colleague @CHerweijer
https://t.co/efPbeJ2bhm
And if energy prices remain high, it will be much easier to blame climate policies than explain world energy markets. In fact, Nigel Farage just launched a campaign for a referendum on net-zero called "power not poverty"... https://t.co/RKyXATebn3 2/2
Reading lots on how high energy prices and energy security concerns will accelerate the shift to net-zero in Europe. But let's not forget the reality of domestic energy politics -- "people won't vote to be colder and poorer". 1/2
I've got a podcast for your commute! Check it out.
It's a discussion about net-zero emissions pathways and how to think about and design long-term climate scenarios in @BloombergNEF's New Energy Outlook.
https://t.co/3bWIq1JzCc
The @BloombergNEF Energy Transition Investment Trends report is out! Top-line finding is that the world spent $755 billion last year to deploy low-carbon tech, including renewables, storage, EVs, heat pumps and others.
https://t.co/5Rn1uu0JM6
Energy transition investment up 27% in 2021 to a record $755 billion.
Renewables up 6.5% to $355bn
EVs and chargin' infra up 77% to $273bn
Summary report & press release here >> https://t.co/IEOLm5Wm6g
Having to pay for fuel now makes power plants less economically competitive. M'colleague @kobadb argues that the same will ultimately happen with hydrogen and "green" H2 made from renewable power will structurally undercut "blue" H2 made from natural gas.
https://t.co/KNkJ8hu9wE
Terrific report covering all aspects of the electric vehicle transition. All the charts, facts and figures in one place. Great reference doc. Delegates to the #NewEconomyForum should check it out!
Thrilled to be launching our Zero-Emission Vehicles Factbook at #COP26 today, in partnership with @BloombergDotOrg. Packed full of data documenting progress on the transition to zero-emissions road transport.
https://t.co/wDGKUfsUdP
The Chinese are moving to secure their supply chains. The US is moving to secure theirs. But US should bring in friends, allies and partners, not just bring it all back home, says @MrKRudd at #NewEconomyForum
We don't want to align all our interests in 1 direction. The US presence in Asia gives us agency to do that. If there is no balance of great powers, there is no agency, says Bilahari from @NUSingapore at #NewEconomyForum
I dislike the phrase "pivot to Asia". It implies the US left and have come back. No. The US never left the region, says Bilahari Kausikanfrom @NUSingapore#NewEconomyForum
U.S. climate envoy @JohnKerry says investment banks including Goldman and Morgan Stanley are ready to invest $4.16 trillion in the energy transition over the next decade. "We have to find a way to deploy that money," he says. https://t.co/Ca0gfwaauI #NewEconomyForum
President Putin exercises power through non-state actors -- mercenaries, hackers...We need to pay more attention to asymmetric power moves, not just nation states, says @HillaryClinton at #NewEconomyForum