Fossil fuel industry biggest delegation at COP26 with hundreds of sector reps flooding Glasgow November 8, 2021 The fossil fuel industry has a bigger delegation than any country, with hundreds of sector representatives accredited to the key climate talks in Glasgow. Analysis of the UN’s provisional list of named attendees suggests 503 delegates at COP26 who are either directly affiliated with fossil fuel companies or are part of country delegations but are [...]
Putin the pressure on: Russia-Europe gas flows eastbound for third day running November 8, 2021 The energy supply crisis has been aggravated by one of three major Russia-Europe supply pipelines changing the direction of its gas flow. Flows in the Yamal-Europe pipeline between Russia and Germany are moving eastbound for the third day running, according to Gascade’s data. This is the second time gas supplies into Europe through this pipeline [...]
Cop 26: Sharma urges negotiators to speed up climate talks November 5, 2021 COP 26 president Alok Sharma has warned negotiators at the climate conference in Glasgow more progress needs to be made on key environmental issues. He has encouraged them to make an extra push over the next 24 hours before COP26 enters its second week. In a note published by the United Nations, Sharma said: “I [...]
U.S. blacklists four ‘spyware’ companies from Israel, Russia and Singapore November 3, 2021 The U.S. Commerce Department added four companies from Israel, Russia and Singapore to its "entity list" this morning, saying they engaged in "activities that are contrary to the national security or foreign policy interests of the United States."
Beyond GDP growth: why natural capital matters November 1, 2021 As the climate crisis accelerates, financial markets are paying more attention to risks and opportunities stemming from the energy transition, taking into consideration the risks related to fossil fuel production and consumption. While decarbonising the production mix and promoting energy efficiency is essential to fight climate change, we think that markets are underestimating the fundamental [...]
Ex-Bank of England governor warns transition to net-zero will not happen ‘overnight’ October 31, 2021 A former governor of the Bank of England has warned gearing the UK toward a greener economy will not happen overnight. Speaking to the Mail on Sunday, Mark Carney, who headed the Old Lady between 2013 – 2020 said “It would be great if we could flip a green switch overnight… we can’t.” Carney, now [...]
COP26: Sharma warns summit is ‘last best hope’ to prevent climate crisis October 31, 2021 The chief of the COP26 summit has warned global leaders the conference is the world’s “last, best hope” to prevent a climate crisis. Alok Sharma MP told delegates at the opening ceremony of COP26 in Glasgow that the window to avoiding the worst effects of global warming is “closing”. Global leaders will negotiate over the [...]
Crypto AM Daily in association with Luno October 29, 2021 This week in Bitcoin – A Crypto AM report from Russia With Jason Deane This week I was lucky enough to visit several Bitcoin mining facilities, including my own, in and around the area of the Russian town of Irkutsk, a few hundred miles north of the border with Mongolia. Although I’ve been mining consistently [...]
Oil prices slump to lowest levels in two weeks October 28, 2021 Brent crude prices slumped to their lowest levels in two weeks this week, falling to $82.32 a barrel on Wednesday before stabilising above $83 on Thursday. In the US, WTI Crude prices fell 2.4 per cent to $80.83 on Wednesday, before recovering and dropping again by 1.1 per cent to $81.77 a barrel. Outbreaks of [...]
How Fiat will get Minimized or Replaced Leading to Evolutionized Forms of Government October 26, 2021 Modern society runs on databases that are run by TTPs (Trusted Third Parties). TTPs decide, in practice, your rights, from trivial to important such as whether your hotel airline reservation is cancelled, if you can only wire a limited amount to your crypto-exchange, that you are not allowed to use AirBNB and if you are [...]