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@cornwheat1
@ATarbeev
🗺️ - Are geopolitical tensions reshaping global FDI flows? • Flows between US and China are dropping fast, while US investments to Americas and Europe are growing • Flows to/from China are plummeting; China is less attractive as a destination and focusing more inwards
MUST READ: Mario Draghi, who is writing a report on how to revive the European economy at the request of Brussels, shares “the design and the philosophy” of his forthcoming report. Highlight below and link to the full speech here: geopolitique.eu/en/2024/04/16/…
Cost competitiveness of oil: "Bio-alternatives are at least twice the cost of oil products, and synthetic fuels manufactured from hydrogen can be up to eight times more expensive." Note EV's are increasingly in the money. Disclosure: I helped build the chart.
At Shell, we are making good progress towards net zero. Read our Energy Transition Strategy update to see how we are delivering energy for today, while building the low-carbon energy system of the future. #PoweringProgress go.shell.com/3wQiWdz
It looks like they assumed desalination water energy was per kg, rather than per m^3. A m3 should be ~3-5/kWh, and be good for 100kg of H2, which needs ~5,000 kWh. It's a fraction of a % overall.
🇪🇺 - EU will publish list of critical technologies today - a key step to kickstart Europe's de-risking efforts vis à vis China • A short thread with graphs on why this list matters, what we can expect, and what's next for EU de-risking plans 👇🧵 [1/8]
The @EU_Commission just outlined the Sovereignty Fund it promised as Europe’s response to greentech subsidies from the US and China. They call it ‘STEP’: it isn’t a dedicated fund, has little fresh money, and redirects existing spending programs .🧵
The 1-10-20-30 rule of thumb for green H2: 1mln t/yr of H2 production capacity requires 10 GW of electrolysers powered by 20GW of solar and wind generation, which requires $30bln CAPEX '. NB 1mt/yr H2 is ~60kboe/d. Source: energypost.eu/financing-rene…
Net Zero Industry Act: In view of the Competitiveness Council on Monday 22nd, the @EU_Commission has sent a non-paper to the Member States in order to clarify which technologies are covered by its proposal and the benefits they are entitled to data.consilium.europa.eu/doc/document/S… #NZIA
Godt at @mfMorten har fokus på gode rammevilkår for virksomheder og investorer, hvis 🇩🇰 skal forblive grøn foregangsland. Vi skal fx kunne tiltrække og mobilisere mange mia kr, og @FPbranche vil gerne være med, men konkurrencen er tough #dkbiz #dkpol #dkgreen…
Meget at tale om 🗣️ Ny analyse fra @Erhvervs_min @mfMorten om udfordringer og forudsætninger for grøn omstilling optegner behovet for handling og indsatser på flere fronter, hvis både klimamål og grønne erhvervspotentialer skal høstes ☘️ em.dk/media/19536/ud…
Breaking: Macron wants 1) a French IRA-like cleantech tax credit and 2) an "EU regulatory break". Here is are my take-aways, from Macron's speech at the Elysée Palace, with a closer look at Europe and #CleantechEU.
Turkish President Erdogan and Ukrainian officials say an unprecedented wartime deal with Russia has been extended allowing grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat. apnews.com/article/russia…
Financing (9/13): - MS shall provide financial support to address financing gaps such as (a) guarantees to decrease borrowing costs (b) off-take guarantees for tech made in Europe - MS shall allocate at least XX% (still tbd)of national revenues from EU ETS allowances until 2030
One of the most significant tax credits in the historic climate bill is a massive tax credit to make clean hydrogen. The actual climate impact of the tax credit on emissions reductions, though, depends almost entirely on how the IRS & Treasury implement it.cnb.cx/3YnQWWO
State aid is a powerful tool to help deliver our #Green transition. But you can’t build competitiveness out of subsidies. 👉 My blogpost on the #IRA and #Green transition challenges for 🇪🇺: bit.ly/3UZzMgw
We need cooperation, not confrontation. Work together on solutions to concerns on the Inflation Reduction Act. Targeted domestic response for competitiveness and level playing field. Speech by @vonderleyen bit.ly/3W7nkwr Look forward discussing more at #TTC tomorrow.
For friends like 🇪🇺🇺🇸 competition & cooperation can be two faces of the same coin. We’re working together on strengthening our clean energy industrial bases, from standards to raw materials. In the global context we have a common interest in preserving our industrial leadership
This is a good step towards finding a solution.
🇪🇺🇺🇸 I welcome the establishment of this EU-US Taskforce on the Inflation Reduction Act. It will help to drive our cooperation forward, addressing serious EU concerns with a view to finding joint solutions 👉europa.eu/!gtxJCr
Se video og fotos af gaslækagerne på Nord Stream 1 og 2-gasledningerne i Østersøen på forsvaret.dk: bit.ly/3fokl2v #dkforsvar
Raw material will fuel our green and digital future. Almost 90% of rare earths and 60% of lithium are processed in China. With our Critical Raw Materials Act we will: • Identify strategic projects along the supply chain • Build up strategic reserves for our Union #SOTEU
UA Grain Corridor: Geography Insights
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