BiophysEco

BiophysEco - The Biophysical Economics Policy Center.
Promoting biophysical economics in the policy conversation, worldwide.

[Bloomberg Energy @BloombergNRG]

Europe will have to decide between cheap electricity or protecting its wind-turbine manufacturers from low-cost Chinese competitors, says TotalEnergies boss https://t.co/T0fHDCHW9K

[FT Energy @ftenergy]

Renewable energy stocks hit hard by higher interest rates https://t.co/CEkYQWw7CP

[Art Berman @aeberman12]

"Projects ...have been delayed or shelved due to rising costs & supply chain constraints

"Britain's renewable energy auction this month failed to attract any bids."
https://t.co/qe7GH5eEOc
#energy #EnergyTransition #ClimateActionNow #renewables #NetZero

[Rystad Energy @RystadEnergy]

The global EV market is reeling from one of the most dramatic collapses in monthly sales to date. EV sales accounted for only 14% of all car sales in January, well down on the 23% seen in December.

#rystadenergy #energy #EVs 
https://t.co/aYJi9EcUPl

[Fitch Ratings @FitchRatings]

European onshore wind turbine manufacturers’ profitability is under pressure due to increased raw material prices, supply chain difficulties and temporarily reduced orders.

Learn more: https://t.co/kzyW2eGk9y

#FitchCorporateInsights #CorporateFinance

[Carbon Tracker @CarbonBubble]

While the five #BigOil🛢️ companies registered record profits 📈 in 2022 on the back of the #EnergyCrisis, relatively little will be reinvested in #renewables as climate goals are slashed https://t.co/OXpmjkxdYP

[Stephen Stapczynski @SStapczynski]

China is taking control of the LNG market 🇨🇳 🚢

📝 China is rushing to sign the most long-term LNG purchase agreements of any nation
💰 They are then reselling some of that supply to the highest bidders in Europe/Asia, becoming a key intermediary

https://t.co/ul9MOCSc5n

[BiophysEco @BiophysEco]

@dorfman_p @TheEconomist More on renewables' profitability problem - among other things - in this piece from over a year ago.
https://t.co/yV6GUwqwyc

[BiophysEco @BiophysEco]

@dorfman_p Or, as @TheEconomist puts it, governments - and everybody else - "must accept that "green power is pricey".
https://t.co/ZsGzQzPug7

[BiophysEco @BiophysEco]

More on renewables' profitability problem - among other things - in this piece from over a year ago.
https://t.co/yV6GUwqwyc

[BiophysEco @BiophysEco]

"The world won’t decarbonise fast enough unless renewables make real money", says @TheEconomist.
Slowly but surely, there seems to be a growing understanding and recognition that #renewables have a #profitability problem, and that green power cannot come cheap.

[The Economist @TheEconomist]

If spending on renewables is to stay attractive, green power will need to be sold at higher prices than governments would like https://t.co/phKHTyvDeH

[BiophysEco @BiophysEco]

The relative profitability disadvantage of renewables can be partly counterbalanced by policy and regulatory measures, but only up to a certain extent, and at significant cost overall for the economy. As @TheEconomist puts it, governments must accept that "green power is pricey".