Podcasts about International Energy Agency

Two of the world's biggest energy firms are in court fighting over a new oil project that could be worth a trillion dollars.We hear why the International Energy Agency says the worlds is becoming too dependent on just a few countries for critical minerals that power clean energy technologies.Plus, Will Bain finds out why there's been a five-fold increase in streaming subscriptions in India.

Plus: Ford is to let rival Nissan use part of its flagship U.S. battery plant, as electric vehicle demand slows. And a new report by the International Energy Agency finds China continues to dominate the global supply of critical minerals. Kate Bullivant hosts. Sign up for WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Labor Department reported U. S. weekly Jobless Claims; Kevin has the details and offers his insights. The Bureau of Labor Statistics reported the U.S. Producer Price Index (PPI) for April; Kevin discusses the data and the. implications going forward on Interest rates. The U.S. Retail Sales report was released; Kevin has the details. JPMorgan offers their latest predictions as to the possibility a recession this year; Kevin digs in to the report and offers his insights. US House Energy and Commerce Committee proposed replenishing the Strategic Petroleum Reserves. Oil reacts to a possible Iran nuclear deal, Russian President Putin's refusal to meet with Ukraine's Zelinsky, U.S. Crude inventory increases and the International Energy Agency upgrade of 2025 oil demand growth forecast.

The Labor Department reported U. S. weekly Jobless Claims; Kevin has the details and offers his insights. The Bureau of Labor Statistics reported the U.S. Producer Price Index (PPI) for April; Kevin discusses the data and the. implications going forward on Interest rates. The U.S. Retail Sales report was released; Kevin has the details. JPMorgan offers their latest predictions as to the possibility a recession this year; Kevin digs in to the report and offers his insights. US House Energy and Commerce Committee proposed replenishing the Strategic Petroleum Reserves. Oil reacts to a possible Iran nuclear deal, Russian President Putin's refusal to meet with Ukraine's Zelinsky, U.S. Crude inventory increases and the International Energy Agency upgrade of 2025 oil demand growth forecast.

Prime Minister Mark Carney holds his first cabinet meeting since the federal election.  Industry Minister Melanie Joly says she plans to speak of the head of Honda by the end of day.  US President Donald Trump meets Syria's transformational president Ahmed al-Sharaa in Saudi Arabia.  Wisconsin judge Hannah Dugan indicted in federal court for allegedly helping an undocumented person evade immigration officials.  Vancouver-based immigration consulting company investigated by Canada Border Services Agency for duping Filipinos out of tens of thousands of dollars.  The International Energy Agency says electric vehicles are becoming cheaper and easier to charge, despite threats of tariffs.  French study finds men produce more climate-changing emissions than women.

9:05 – 9:22 (15mins) Gregory Wrightstone - @GWrightstone @CO2CoalitionUS Commerce Department will be imposing tariffs on solar panels at a rate of 3,521% due to concerns about their cheap quality US to impose tariffs of up to 3,521% on south-east Asia solar panelsAhead of a global summit in London comes a warning that lessons on energy security have not been learnedUS trade officials are preparing to impose tariffs of up to3,521% on imports of solar panels from four south-east Asian countries, while the International Energy Agency has said lessons from the energy crisis following Russia’s invasion of Ukraine had not been fully learned.Solar Panels Aren’t Worth The Plastic They’re Printed On 9:25 – 9:37 (12mins) Weekly Feature: “FAKE NEWS!!” 9:41 – 9:56 (15mins) Melanie Collette CFACT.org @CFACTPolicy Analyst for the Committee for a Constructive Tomorrow.MELANIE COLLETTE: The case for rolling back overreaching EPA regulationsStates must be empowered to tailor their environmental policies to their circumstances.See omnystudio.com/listener for privacy information.

As the data center industry continues to expand, two powerful forces are reshaping the search for next-generation power solutions. First, the rapid expansion of AI, IoT, and digital transformation is significantly increasing global power demand, placing increased pressure on traditional grid systems to meet the energy needs. The International Energy Agency forecasts that electricity consumption by data centers and AI could double by 2026, adding an amount equal to the entire current electricity usage of Japan. The second force is the urgent need for a smaller environmental footprint. As energy consumption rises, the drive for decarbonization becomes more critical, making it harder for data centers to balance environmental sustainability with performance reliability. In response to these challenges, data center leaders are looking beyond conventional solutions and exploring innovative alternatives that can meet the demands of a rapidly evolving industry. This podcast will focus on hydrogen fuel cell technology as a potential fuel source. This emerging technology has the potential to transform how data centers power their operations, providing a sustainable solution that not only helps reduce carbon emissions but also ensures reliable and scalable energy for the future. Hydrogen fuel cells present an opportunity for data centers. Unlike traditional fossil fuel-based systems, hydrogen fuel cells generate power through an electrochemical reaction between hydrogen and oxygen, with water and heat as the only byproducts. This makes them a virtually emission-free, environmentally friendly power solution. Moreover, hydrogen fuel cells can reduce data center emissions by up to 99%, providing one of the most effective means of decarbonizing the industry. The environmental benefits are matched by their impressive efficiency, as fuel cells operate with fewer energy losses compared to traditional combustion-based systems. In this episode, Ben Rapp, Strategic Product Development Manager at Rehlko, will explore the science behind hydrogen fuel cells, offering an overview of the key components that make them a viable power solution for data centers. He will also highlight the practical advantages of hydrogen fuel cells, particularly their ability to deliver reliable, on-demand power with minimal disruption. This episode also addresses the challenges of adopting hydrogen fuel cells, including infrastructure development, cost, and the need for a robust hydrogen distribution network. Additionally, we talked to Ben about Rehlko's hydrogen fuel cell project and the partnerships involved. As part of this initiative, Rehlko has collaborated with companies like Toyota to develop a 100-kilowatt hydrogen fuel cell solution aimed at reducing the carbon footprint of data centers. We'll go over the progress of this partnership and the practical steps being taken to make hydrogen fuel cells a viable and scalable power solution. Finally, Ben will talk about his perspective on the future role of hydrogen fuel cells in data centers worldwide. With the industry facing increasing pressure to meet sustainability targets while ensuring performance reliability, hydrogen fuel cells are poised to play a critical role in the evolution of data center power systems. They offer both environmental and operational benefits that are essential for the industry's future. Whether used as a primary power source, backup system, or for grid stabilization, hydrogen fuel cells are poised to become a key player in the future of data center energy management.

The American Trucking Association released the For-Hire Truck Tonnage Index; Kevin has all the details and offers his insights. Wards Intelligence released the March Medium-Duty Truck Sales report; Kevin goes through the data. The European Central Bank offers their take on what should be done with interest rates and whether tariffs will be inflationary and The International Energy Agency takes a look at their energy policies; Kevin discusses these developments. Kevin has the news, world events and economic data affecting gas and oil prices.

The American Trucking Association released the For-Hire Truck Tonnage Index; Kevin has all the details and offers his insights. Wards Intelligence released the March Medium-Duty Truck Sales report; Kevin goes through the data. The European Central Bank offers their take on what should be done with interest rates and whether tariffs will be inflationary and The International Energy Agency takes a look at their energy policies; Kevin discusses these developments. Kevin has the news, world events and economic data affecting gas and oil prices.

On Episode 558 of The Core Report, financial journalist Govindraj Ethiraj talks to Pawan Kumar, President of Seafood Exporters Association of India as well as Aditi Nayar, Chief Economist, Head - Research & Outreach at ICRA.SHOW NOTES(00:00) Stories of the Day(01:00) India beats tariff tantrums, becoming first global market to do so(03:59) Morgan Stanley cuts December Sensex target to 82,000, still 7% above current(07:38) Inflation is down to 5 year low, will it hold?(16:33) The International Energy Agency joins OPEC in slashing oil demand forecasts(18:19) How tariff tussles are have upended the lives of India's shrimp and seafood exporters(32:18) Build On Blockchain⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Listeners! We await your feedback....⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirementsFor more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join and Interact anonymously on our whatsapp channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠

On April 10, the International Energy Agency released a major report on energy and AI. The report explores topics including electricity demand for AI, how AI is being used in the energy sector, AI's role in accelerating energy innovation, the security implications of AI and greenhouse gas emissions from AI. Join host David Sandalow in conversation with Laura Cozzi, IEA's Director for Sustainability, Technology and Outlooks, who designed and directed this landmark report.   The AI, Energy and Climate Podcast is a special series from the DSR Network sponsored by NEDO and hosted by David Sandalow, Inaugural Fellow at Columbia University's Center on Global Energy Policy. AI for Climate Change Mitigation Roadmap -- https://www.icef.go.jp/roadmap and transitiondigital.org/ai-climate-roadmap.  Learn more about your ad choices. Visit megaphone.fm/adchoices

On April 10, the International Energy Agency released a major report on energy and AI. The report explores topics including electricity demand for AI, how AI is being used in the energy sector, AI's role in accelerating energy innovation, the security implications of AI and greenhouse gas emissions from AI. Join host David Sandalow in conversation with Laura Cozzi, IEA's Director for Sustainability, Technology and Outlooks, who designed and directed this landmark report.   The AI, Energy and Climate Podcast is a special series from the DSR Network sponsored by NEDO and hosted by David Sandalow, Inaugural Fellow at Columbia University's Center on Global Energy Policy. AI for Climate Change Mitigation Roadmap -- https://www.icef.go.jp/roadmap and transitiondigital.org/ai-climate-roadmap.  Learn more about your ad choices. Visit megaphone.fm/adchoices

One concern around artificial intelligence is its voracious appetite for energy. Electricity demand for data centres specialised in AI will quadruple in the next five years, according to a new report from the International Energy Agency. But as for claims that AI is accelerating climate change through carbon emissions, the report calls them "overstated".

Det finns det en resurs som såväl utvecklare av förnybar energi, industrier med stora elekrifieringsplaner och International Energy Agency lyfter fram som den stora flaskhalsen i energiomställningen: en anslutning till elnätet. I avsnittet gästas vi av Sonja Berlijn, direktör på DNV, professor i säkra kraftsystem på Universitetet i Oslo och även ledamot av Kungliga Ingenjörsvetenskapsakademin. Tillsammans med Statnett, Norges motsvarighet till Svenska kraftnät, och en rad elnätföretag, forskningsinstitut och tjänsteleverantörer deltar DNV och Sonja i MaksGrid, ett projekt med det ambitiösa målet att öka kapaciteten i det befintliga elnätet med 25%. I avsnittet berättar Sonja om hypotesen som ligger till grund för projektet: om hur åtgärder såsom villkorade avtal, nya metoder för att beräkna ledningars överföringskapacitet dynamiskt och en så kallad sannolikhetsbaserad riskbedömning tillsammans kan samverka för att accelerera nyanslutningar av både produktion och konsumtion till elnätet. Om du gillade avsnittet med Sonja kan vi även tipsa om följande, tidigare avsnitt av podden:  Johanna Lakso, Om flexibilitet i de lokala elnäten Magnus Olofsson, Om smarta och starka elnät Vill du föreslå en gäst till ett framtida avsnitt? Har du förslag på hur vi kan göra podden bättre? Fyll jättegärna i vårt feedback-formulär.

Ten years after the historic climate agreement reached at COP21 in Paris, considerable progress has been made in areas ranging from energy efficiency and renewables deployment to electric vehicles and heat pumps. However, this progress is well below that required to deliver on the goals in the 2015 Paris Climate Agreement, and investment in clean energy remains uneven. As political headwinds increase, Brian Motherway considers what the past decade has taught us in terms of global engagement on climate and clean energy, and what we have learned in terms of engaging citizens and societies in the vital project of clean energy transitions. This event is part of the IIEA's REthink Energy series, organised in partnership with ESB, Ireland's state-owned electricity company. Speaker bio: Brian Motherway is Head of the Office of Energy Efficiency and Inclusive Transitions at the International Energy Agency. He oversees analytical and outreach programmes supporting energy efficiency globally. He also leads IEA's work with governments on people-centred policymaking, addressing issues such as skills, inclusion and fairness in clean energy policies. Prior to joining the IEA, Brian was Chief Executive of the Sustainable Energy Authority of Ireland.

Send us a textOver the last decade, climate and sustainability have become more of a focus for boards and sub-committees. However, there is currently a lot of conflicting noise around this agenda. So, there is a lot for boards to digest around this topic, making it an opportune time to take stock of where we are and what boards should consider.In this podcast, Dr. Sabine Dembkowski, Founder and Managing Partner of Better Boards, discusses climate/energy transition with David Harris, who has worked on these topics for over 20 years. He leads sustainable finance strategic initiatives at LSEG (London Stock Exchange Group), having previously led sustainable finance for two of its divisions:  FTSE Russell in its index business, and its Data and Analytics division.“20 years ago, this was regarded as quite a niche area. Today, that picture is completely different. It's one of the top issues for institutional investors.”The data backs him up. In FTSE Russell's annual survey of global pension funds, they ask if the funds are integrating sustainability issues into their investment strategies. Among the largest and most sophisticated funds, those with over 10 billion dollars in assets under management, 86 per cent do. “Of the different sustainability themes, climate change and energy transition rank in our asset owner survey as being the very top priority.”Data from the International Energy Agency shows in 2024, annual investment into the energy sector was $3 trillion,  $2 that in 2024, annual investment in the energy sector was $3 trillion,  $2 trillion in clean energy, and $1 trillion in fossil fuels. In contrast, around five years ago, they were roughly on par at $1 trillion each. So, David says we are well into a substantial shift in the global economy, and boards and investors need to understand that.“I think there has been some surprise.. from boards at the level of reporting requirements coming at them.”Shifts of this magnitude come with many reporting requirements – requirements that have many boards less than thrilled. Some of the exasperation is at the newness of the requirements, and some is frustration with the scope. David feels this is a legitimate concern, as many boards find that keeping up with reporting can detract from focusing on the most material and relevant issues of running the business. “What's really important here is… sustainability standards are increasingly being set in a way which aligns them with the way companies are used to reporting on financial information.”The International Financial Reporting Standards (IFRS) Foundation has set up the International Sustainability Standards Board, which may be familiar to many listeners. It aims to get global sustainability standards set up in a way that aligns with how companies are used to reporting on financial information and in a format that's easier for the investor community to use. The three top takeaways for effective boards from our conversation are:1.      Don't get lost in all of the reporting regulations. Cut through that and focus on the material issues and what's right for the business. 2.     Make sure you're engaging your investors, not only the sell-side analysts but also the institutional investors who sit behind them, i.e. the pension funds and sovereign wealth funds, as well as the asset managers and understand their priorities.3.     Build your expertise and lean on the resources available through Chapter Zero and similar networks.  

Roy L Hales/Cortes Currents - According to Environment and Climate Change Canada, the oil and gas sector is a major contributor to Canada's economy, employing 182,000 people and generating $209 billion in GDP during 2023, yet it is also the source of 31% of Canada''s Greenhouse gas emissions.  “Demand for oil and gas is not going to go to zero tomorrow.  It is a transition that takes decades  to undergo.  There will be a role for oil and gas as we move forward along that transition, but it is likely to be a  cleaner oil and gas sector as the rest of the world stops buying  the oil and gas products that Canada and other countries produce. Which , I think, really underlines the importance of investing in decarbonization now while we're still using oil and gas  to 2050 and a little bit beyond  if we get on a net zero trajectory,” explained Janetta McKenzie  from the Pembina Institute, a Canadian think tank and non-profit focused on energy.  She was responding to a new report from the Federal Parliamentary Budget Office.  Janetta McKenzie:  “They were assuming that very little action was taken by oil sands firms in particular, to reduce emissions on site, and therefore they would be choosing to stop producing. Across the sector, there's been a lot of commitments to slashing emissions by 2030. There's billions of dollars on offer through federal and provincial tax incentive and grant programs.  We think there is a path towards choosing to decarbonize, choosing to reduce emissions and not just choosing to shut in production. We think it's a pretty narrow analysis that's based on a very specific set of assumptions that doesn't necessarily reflect the suite of options available to the sector.” The oil sector has been promoting the idea of carbon capture for years. A group of oil companies put forward a $16.5-billion plan for a massive carbon capture and storage (CCS) network in northern Alberta, but has not implemented it.  Janetta McKenzie: “We have not seen a lot of movement from the oil sands Pathways Alliance carbon capture project. This was announced several years ago. We simply haven't seen it  move ahead. In the absence of news on that, it's difficult to make the call on whether those big emissions reduction projects  will be implemented anytime soon.” According to Environment and Climate Change Canada, “New regulations to be finalized later this fall will ensure that the sector continues to cut methane emissions by at least 75% from 2012 levels by 2030. Carbon capture is also going to play an increasingly important role  in reducing the emissions from oil and gas production and Canada is well placed to cement its position as a global leader in this critical technology. According to both the IPCC and the International Energy Agency, there's no credible plan to carbon neutrality without carbon management technologies such as carbon capture and storage and their deployment must be rapid and immense, scaling up by nearly 200 times by 2050.” Janetta McKenzie: “It's difficult to say what is on the docket  for these firms right now. I will say, with the combination of policy, like industrial carbon pricing,  incentives, tax incentives like the carbon capture incentive tax credit from the federal government and provincial grants in particular for carbon capture, but also other emissions reductions technologies plus the possibility of doing a deal with the Canada Growth Fund, the conditions for the last couple of years have been quite good to get a pretty package  to incentivize and encourage the industry  to move forward with these things.”

The U.S Labor Department released the Initial Claims for State Unemployment benefits report, Kevin has the details, digs into the details and offers his insights. The U.S. Bureau of Labor Statistics released the February Producer Price Index, Kevin analyzes the details and provides some clarity. Oil reacts to world-wide macroeconomic (economy as a whole) concerns, including the risk of tariff wars affecting global demand for goods, the International Energy Agency report on 2025 oil supply and demand and indications that Russian President Putin agreed with U.S. proposals for a ceasefire leading to an end of the war with Ukraine.

The U.S Labor Department released the Initial Claims for State Unemployment benefits report, Kevin has the details, digs into the details and offers his insights. The U.S. Bureau of Labor Statistics released the February Producer Price Index, Kevin analyzes the details and provides some clarity. Oil reacts to world-wide macroeconomic (economy as a whole) concerns, including the risk of tariff wars affecting global demand for goods, the International Energy Agency report on 2025 oil supply and demand and indications that Russian President Putin agreed with U.S. proposals for a ceasefire leading to an end of the war with Ukraine.

Kevin talks about ATN's booth location at the MId-America Trucking Show; Booth #40577 in the North Wing Lobby of the Kentucky Expo Center (Go to their website to see the floor plan). Suddenly the media has discovered inflation and food prices, Kevin talks about how his family has been beating the prices through coupons and sale items. The U.S. Labor Department's Bureau of Labor Statistics released the February Jobs created; Kevin has the details- looking at how three news organizations had widely different headlines. Oil prices react to the uncertainty over tariffs, OPEC+ increasing output, potential sanctions on Iranian crude exports and upcoming reports from the International Energy Agency and OPEC for demand and supply forecasts

Kevin talks about ATN's booth location at the MId-America Trucking Show; Booth #40577 in the North Wing Lobby of the Kentucky Expo Center (Go to their website to see the floor plan). Suddenly the media has discovered inflation and food prices, Kevin talks about how his family has been beating the prices through coupons and sale items. The U.S. Labor Department's Bureau of Labor Statistics released the February Jobs created; Kevin has the details- looking at how three news organizations had widely different headlines. Oil prices react to the uncertainty over tariffs, OPEC+ increasing output, potential sanctions on Iranian crude exports and upcoming reports from the International Energy Agency and OPEC for demand and supply forecasts

The Biden administration took office with ambitious plans to accelerate America's clean energy transition. Over four years, it enacted major climate legislation, poured billions into new clean energy manufacturing, built partnerships with global allies on clean energy, and navigated a global energy crisis after Russia's invasion of Ukraine. With President Trump's return to office, what happens now?  The clean energy transition is proving to be more complex than some expected, with challenges around affordability, security, and balancing climate goals with other economic priorities. In this increasingly challenging geopolitical landscape, how should we think about America's energy policy going forward? And how should we think about the legacy of the Biden administration's energy agenda?  This week host Jason Bordoff talks with David Turk about the Biden administration's energy policy legacy and the challenges of balancing affordability, security, and climate goals.  David is a distinguished visiting fellow at the Center on Global Energy Policy at Columbia University SIPA. He recently completed his service as deputy secretary of energy in the Biden administration, where he was the number-two official and chief operating officer at the Department of Energy. Prior to this role, David served as deputy executive director of the International Energy Agency. During the Obama administration, he worked at the Department of Energy, where he led the launch of Mission Innovation – a global effort to accelerate clean energy innovation. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.

Nations pursue access to reliable, sustainable, and affordable energy that will sustain their national security objectives. While the China-Russia led alliance continues to rely largely on fossil fuels, Western countries increasingly seek to replace these traditional energy sources with renewable offerings, leading to less reliable and more expensive electricity. This has profound national security implications.International organizations such as the United Nations and the International Energy Agency promote the existence of an “energy transition” to renewable energy, despite no signs that a transition is imminent. This is dangerous. Simultaneously, the United Nations promotes diversion of trillions of dollars from the West to China and the Global South to promote climate policies and renewable energy use.Future energy policies based on reliable energy supplies must necessarily include a full consideration of the national security implications.What are the potential dangers of operating and enacting energy policies based on future ideals as opposed to current realities? What is the position of the Trump administration on these matters? What is the role of the United Nations in promoting energy policies that will weaken the West?To explore these questions and more, the Foundation for Defense of Democracies hosts Dr. Brenda Shaffer, Senior Advisor for Energy at FDD; Michael Ratner, Energy Specialist at Congressional Research Service; and Ken Moriyasu, Washington Correspondent at Nikkei Asia. The conversation is moderated by Clifford D. May, FDD Founder and President.For more, check out: https://www.fdd.org/events/2025/03/04/powering-national-security-energy-policy-in-the-us-and-beyond/

Support us on Patreon... Team LMSU are calling all Summerupperers to come join the expanded LMSU universe and support our Patreon! This year we are upping the ante and every fortnight when a regular episode drops, there will be an additional, delicious, subscriber only BoCo episode hitting the feeds as well. Because, THERE IS TOO MUCH! Head on over to https://www.patreon.com/LetMeSumUp.—After an extended summer vacay, Team LMSU is back - and not a minute too soon! The spidey senses of the folks at the Climate Change Authority must have been tingling and with a BOOM dropped their analysis ‘Assessing the impact of a nuclear pathway on Australia's emissions' on the very morning we recorded this episode.Joined by sometime co-host and sensible energy expert superhero Alison Reeve, the crew digest this little amuse bouche: over 1 billion tonnes of extra emissions! The cost of pursuing Frontier Economics' nuclear pathway is quite the emissions mouthful.Sidebar nerd alert: reverse engineer graphs just like the CCA folks with this handy tool: https://www.graphreader.com/ Our main paperIn act 2 of our double nuclear paper spectacular, the LMSU crew takes on the intercontinental ballistic market outlook ‘The Path to a New Era for Nuclear Energy' from the folk at the International Energy Agency. And Hooo-eeeee are they bullish! Their numbers don't lie though and it's more of a ‘let a thousand reactors bloom' kinda sentiment than a bona-fide BOOMtime for nuclear's share of the global pie. Our take? It's 25 years to net zero, we got 80 SMR designs and a drive to cut costs through standardisation and sequencing. Hit It?Aaaaand because we couldn't get nary enough NUKES this week, after we recorded, the House Select Committee on Nuclear Energy released its Interim report for the inquiry into nuclear power generation in Australia. Bon appetit!One more thingsAlison's One More Thing is: a recent Carbon Brief analysis that shows clean energy contributed 10% of China's GDP in 2024. Exactly the kind of good news we could stand to see more of!Tennant's One More Thing is: would a Border Carbon Adjustment be a poke in the eye of a newly belligerent USA? (Rather less than the GST!)Frankie's One More Thing is: speculation that the implementation of the 2025 version of the National Construction Code will remain uncertain, especially with the Productivity Commission's recent report recommending an independent review of building regulations.Luke's One More Thing is: that 2025 will see the delivery of sweet, delicious BoCo dessert every fortnight alongside the main course of regular episodes. Head on over to patreon.com/LetMeSumUp to make sure you don't miss a bite.And that's all from us Summerupperers! Send your hot tips and suggestions for papers to us at mailbag@letmesumup.net and check out our back catalogue at letmesumup.net.

Europe is facing a challenging year as natural gas prices surge. While the continent seemed to weather the initial shock of losing Russian gas supplies, it's now clear many were declaring victory too soon. Storage levels are dropping this winter, and the loss of Russian pipeline gas through Ukraine has left Europe increasingly dependent on global LNG markets. Meanwhile, in the U.S., President Trump's administration has promised to "unleash American energy dominance" by lifting restrictions on new permits for LNG exports. But questions remain about domestic gas production capacity, infrastructure constraints, and the impact on U.S. prices. How are these developments reshaping global gas markets, and what do they mean for Europe's industrial competitiveness? How might geopolitical tensions affect the future of global gas trade? And what does all of this mean for reducing greenhouse gas emissions? This week on the show, Jason Bordoff talks with gas market experts Anne-Sophie Corbeau and Ira Joseph about the outlook for LNG and its geopolitical and environmental implications. Anne-Sophie is a global research scholar at the Center on Global Energy Policy, where she focuses on hydrogen and natural gas. Her career in the energy industry spans over 20 years, including stints as the head of gas analysis at BP, senior gas analyst at the International Energy Agency, and research fellow at the King Abdullah Petroleum Studies and Research Center.  Ira is a senior research associate at the Center on Global Energy Policy. Previously, he headed global generating fuels and electric power pricing at S&P Global Platts. Before that, he was the global head of gas and power analytics at Platts. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Erin Hardick, Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Sean Marquand. Stephen Lacey is executive producer.

Callum Macpherson, Head of Commodities at Investec UK discusses the latest report from the International Energy Agency looking at outlook for supply and demand. Investec

Jimmy Chaciga, a PhD research fellow at Makerere University in Uganda, thinks he has what it will take to get Ugandan households to adopt solar-powered cookers. First, cookers need to be simple to operate. They need to be cheap. They need to be able to cook once the sun has gone down.But most of all, they need to be able to cook beans."If you can cook beans, you can cook anything," he says.Armed with two drums, a lot of insulation, some solar panels and a dream, Chaciga is trying to bring his cooker to Ugandan households and institutions that need it the most.Chaciga is one of a group of African researchers working with NTNU's Ole Jørgen Nydal under projects funded by NORAD, the Norwegian Agency for International Development, and the University Network on PhD Programmes in Energy Technology (UNET), co-funded by the EU's Erasmus + programme.Here's the situation: After decades of research and funding to help households in developing countries shift away from firewood, charcoal and other biomass, 75% continue to rely on these resources for cooking. Clearly, cooking with wood is bad. It wastes women and children's time as they scavenge scarce wood to burn.It contributes to deforestation. It's a huge problem that seems like it should be solvable with enough smart engineering, yet it persists.Today's episode explores the successes and challenges researchers have faced in tackling this issue.My guests are Jimmy Chaciga, Ashmore Mawire and Ole Jørgen Nydal.You can see videos and documents from the International Energy Agency's Clean Cooking Summit from May 2024 here.Here are some publications describing some of the work in today's show:Chaciga, Jimmy; Nyeinga, Karidewa; Okello, Denis; Nydal, Ole Jørgen. (2024) Design and experimental analysis on a single tank energy storage system integrated with a cooking unit using funnel system. Journal of Energy StorageNydal, Ole Jørgen. (2023) Heat Storage for Cooking: A Discussion on Requirements and Concepts. EnergiesCooking with solar ovens in sub-Saharan Africa, Norwegian SciTech NewsHere are some background documents that describe the problem over time:Joseph Elasu, et al.(2023) Drivers of household transition to clean energy fuels: A systematic review of evidence,Renewable and Sustainable Energy Transition.World Bank. (2011). Household Cookstoves, Environment, Health, and Climate Change: A New Look at an Old Problem. Washington, DC: World Bank.Ideas? Feedback? Email me at nancy.bazilchuk@ntnu.no Hosted on Acast. See acast.com/privacy for more information.

For years, Ireland has been embracing major U.S. tech giants, building data centers that consume massive amounts of power. But demands on the national grid have threatened blackouts, and experts and activists are trying to find an ecological compromise. The International Energy Agency expects the data centers will consume one-third of Ireland's electricity by 2026—a far greater burden than anywhere else in Europe. Fears of rolling blackouts led Ireland's grid operator to place an unofficial moratorium on new data centers near Dublin until 2028. Darragh Adelaide, a South Dublin County Council member, expresses the strains the data centers are placing on resources. He says, “When you look at the electricity use in Ireland, 21 percent is used by data centers, which is a massive amount. When you look at water use, each one uses between 500,000 liters and five million. It gets particularly bad when it's a very warm day or a set of warm days. And so, when you're looking at and comparing the resources that they use, the amount of carbon they produce to the amount of jobs they provide for the local community, I don't think it's worth having in this local area. 40 of the 80 data centers in Ireland are located right here.” Adelaide also voices concerns about the vast amounts of users' personal data stored in these data centers and questions how important it is to retain this information. “When you look at what the data centers are actually storing, it's a lot of terabytes of personal information on what sites you go to and how long you spend scrolling on a TikTok, that sort of thing," he says. "It's a lot of personal information, that's not necessary, stored so it could be sold on to marketers and used for AI and that sort of stuff. I think the reality is that data isn't necessary. If we have a moratorium on data centers, it will force these big companies on maybe not storing so much personal information on people.” This article was provided by The Associated Press.

We could see a huge increase in oil demand in 2025! With oil trading under $70 a barrel, gas prices have continued to fall. But unless the world starts producing more oil in 2025, we could see a big reversal in the price of oil. I base that on an estimate from the International Energy Agency as they expect a huge increase in the demand of oil. They are estimating oil consumption of 1.1 million barrels per day, which would be a 31% increase from the 840,000 barrels in 2024. I know from recent reports that there is concern that if we pump more oil, the price could drop dramatically causing difficulties and lower profits for oil companies. However, if the International Energy Agency is correct on their 31% increase in oil demand, that could actually cause shortages at certain times throughout the year. Also, it is somewhat amazing with how long electric vehicles have been out that they still don't seem to be having at this time much of an impact. I do know that car manufacturers are having some difficulty selling their inventory of electric vehicles. I believe part of this is because of the abundance of oil on the market and low gas prices. Is it possible that we got too aggressive trying to build and force consumers into electric vehicles? What happens if in 2025 the federal tax incentives for electric vehicles go away?   Understanding compounding is why you should be cautious about the overvalued market! Investing is great when everything is going up and the emotions tell you to stay the course because that will continue to happen. For two years now the S&P 500 has posted really strong gains because of a heavy concentration in the Mag Seven. There are now investors who say the market could be up another 20% in 2025. In our portfolio we will continue to remain cautious next year as we understand that compounding can work for you, but also against you. What do we mean by that? Let's say that for three years the S&P 500 is up 20% per year, your $100,000 investment would grow to $172,800 because of compounding. You probably would feel pretty good about that and think it will to continue to increase. While it is possible it's like riding a roller coaster. What I mean by that is if you've ridden a roller coaster you know as it gets to the very top, it slows down and it feels like it's almost going to stop, then you go over that peak and you hit that big decline. That happened in 1935 and 1936 as big gains were followed by a 39% decline in 1937. I did not want to use 2002 when the S&P 500 had lost almost 50% of its value. I thought I would use something else from history that was not the worst-case scenario. Back to the three-years of 20% gains and a portfolio value of $172,800. If we saw a 39% loss again like 1937, your account value will drop all the way down to $108,864. You might be questioning how can that be? It's because as your account grew in value the percent decline is now on a bigger amount than the initial $100,000 you started with. So in other words after four years of investing, you're $100,000 investment was only up 8.9%. This is why for long-term investors I can continue to stay the course on a more conservative investment style and not try to figure out what the top is for many of these expensive companies. The other problem as well is once people lost 37% of the money on their investment, they would probably leave the stock market for years missing future gains. I can tell you many people think they know where the top is and they'll get out in time, but unfortunately many people stay at the party too long. I can tell you managing money through the tech boom and bust many people thought the party would continue in the early 2000's and they did not foresee the major declines that we saw during the tech bust.   AI stocks performed well in 2024, there are problems in 2025 that could cause a reversal It is estimated that for every dollar invested on the AI infrastructure, revenue of four dollars needs to be produced. The AI leader so far has been Microsoft with their Copilot product that has a cost of $360 per user each year. At first glance that doesn't sound too bad until you realize you still have to pay for the other software at a cost of anywhere from a low of $72 to over $650 per year. At $1000 is the AI expense worth the reward? Currently, there are places where you can get AI for free, will people be willing to pay for AI when they're used to getting it at no expense? In a combined survey on using AI, 32% of respondents had used it in the previous week. This is a fast adoption rate compared to the Internet or the introduction of the PC. However, when asked what services they were using, most were using free services like open AI's ChatGPT or Google's Gemini. If people won't pay directly for AI, then the companies will have to somehow monetize it through some means of advertising. Another big question is will AI really produce results in productivity? In the last couple of years, the US Bureau of Labor Statistics reported labor productivity has risen at an annual rate of 2.3%, which is 3/10 of a percent higher than the historical average. To make AI valuable we would have to see labor productivity increase to at least 2.5 to 2.6%. One question on many people's mind is will AI replace a lot jobs? The answer to that question is it will replace jobs, but the hope is new jobs and opportunities will be created that we have not even thought of yet. They will likely require creativity, judgment and decision-making. I still think AI will be used and it is not going anywhere, but I worry the hype has carried many stocks to excessive valuations. 2025 may be a prove it year for AI and if we don't see progress towards monetization those AI stocks could struggle!   Beware of Double and Triple Taxation At the end of the year, it is helpful to check where your income stands so any last-minute adjustments can be made.  These might be Roth conversions, IRA withdrawals, capital gain harvesting, capital loss harvesting, charitable donations, or retirement contributions to name a few. Before making any adjustments though, you need to fully understand the tax consequence of the transaction.  Income activity like IRA withdrawals or pensions are fairly straightforward as they are considered ordinary income on the federal and state level.  Income from Social Security or long-term capital gains and qualified dividends can be a little more complicated.  Of the Social Security you receive, some is taxable and some is tax free.  At most, 85% of Social Security benefits is reportable as income but it can be as low as 0%.  The more other income you have, the more your Social Security will be taxed.  Long-term capital gains and qualified dividends are subject to a different set of tax brackets and the tax is calculated after ordinary income sources are considered.  Depending on your level of income, capital gains and dividends fall into either a 0%, 15%, or 20% bracket.  What this means is by making one adjustment that increases your income, you could trigger more of your Social Security to be taxed and push capital gains into a higher tax bracket, resulting in a triple taxation event.  For example, Roth conversions are popular at the end of the year, especially when taxable income is in the 12% tax bracket, but this doesn't mean everyone should do it.  You might be making a conversion that is taxed at 12%, but that also results in thousands of additional dollars from Social Security that were tax free to become taxable, and the income from the conversion and Social Security push capital gains that were in the 0% bracket into the 15% bracket. When added up that conversion at 12% ended up being taxed at over 37% because of the chain reaction of taxes, not including any state income taxes.  In this situation it probably makes sense to find ways to reduce income instead.  Year-end tax adjustments can be very helpful, but you want to make the right adjustments based on your situation.   Companies Discussed: Macy's, Inc (M), Xerox Holdings Corporation (XRX), PepsiCo, Inc (PEP) & Mastercard Incorporated (MA)

Welcome to The Hydrogen Podcast!Episode 376, In this episode of The Hydrogen Podcast, Paul Rodden explores the U.S. Department of Energy's 2024 Hydrogen Program Plan, emphasizing key initiatives like Regional Clean Hydrogen Hubs and the Hydrogen Shot initiative aimed at reducing hydrogen costs. He also contrasts the diverging hydrogen investment landscapes in the EU and the U.S., highlighting Europe's focus on green hydrogen and the U.S.'s emphasis on blue hydrogen, while discussing the challenges and opportunities for investors navigating these markets.Thank you for listening and I hope you enjoy the podcast. Please feel free to email me at info@thehydrogenpodcast.com with any questions. Also, if you wouldn't mind subscribing to my podcast using your preferred platform... I would greatly appreciate it. Respectfully,Paul RoddenVISIT THE HYDROGEN PODCAST WEBSITEhttps://thehydrogenpodcast.comDEMO THE H2 ADVANTAGEhttps://keyhydrogen.com/hydrogen-location-analytics-software/ CHECK OUT OUR BLOGhttps://thehydrogenpodcast.com/blog/WANT TO SPONSOR THE PODCAST? Send us an email to: info@thehydrogenpodcast.comNEW TO HYDROGEN AND NEED A QUICK INTRODUCTION?Start Here: The 6 Main Colors of HydrogenSupport the show

The headline from this year's World Energy Outlook released by the International Energy Agency says, “The world is on the brink of a new age of electricity.” In the United States, electrification is set to transform the energy landscape, and the nation is expected to see a rapid rise in power demand.  Questions remain over how this demand will be met, and if this means increasing carbon emissions from the power sector. These questions are further complicated by the rise of artificial intelligence and an antiquated and fragmented electric grid. So how do efforts to decarbonize the century-old power system impact both reliability and the cost of electricity? And what does this new era of rising electricity demand mean for domestic manufacturing, AI data centers, and other industries?   This week host Jason Bordoff talks with Cheryl LaFleur and David Hill about the incoming Trump administration, its impact on FERC, and the status of permitting reform measures.   Cheryl is an advisory board member at the Center on Global Energy Policy. Previously, she was one of the longest-serving commissioners on the Federal Energy Regulatory Commission from 2010 to 2019, and served twice as FERC's chair. Since 2019, Cheryl has served on the board of directors of the Independent System Operator of New England (ISO-NE). David is a non-resident fellow at the Center on Global Energy Policy. He served as general counsel of the U.S. Department of Energy during the George W. Bush administration. From 2012 to 2018, he served as executive vice president and general counsel of NRG Energy, Inc.

Trucking CFOs and CEOs look to recovery in 2025 with tight budgets, Kevin talks about some of the cost cutting tips, asset usage, using technology, etc. Trucking, Logistics experience another strong Holiday Season, Kevin breaks down the information. DHL releases its 2024 Peak Season Shipping Survey. Oil reacts to the International Energy Agency raising oil demand growth forecast for 2025; Iran accepts tougher oversight at Fordow enrichment plant; higher inflation than expected; U.S. gasoline and distillate rising more than expected last week and expectations of crude oil demand in China.

Interview with CEO Claudia Tornquist & Chairman Christopher Taylor of Kodiak CopperOur previous interview: https://www.cruxinvestor.com/posts/mining-ma-heats-up-key-trends-opportunities-in-the-gold-copper-sector-6106Recording date: 20th November 2024Kodiak Copper Corp. (TSX-V: KDK) is advancing its MPD copper-gold porphyry project in southern British Columbia's Quesnel Trough, strategically positioning itself to meet the growing global copper demand driven by clean energy transitions. The company has successfully identified 10 mineralized zones across the property, with recent drilling programs yielding impressive results.Under the leadership of CEO Claudia Tornquist, a former Rio Tinto executive, and Chairman Christopher Taylor, a geologist with over 20 years of industry experience, Kodiak's strategy focuses on defining substantial high-grade, near-surface zones that could potentially form a future starter pit. This approach has proven successful with recent discoveries at the Adit Zone, which returned 0.43% copper equivalent over 357 meters and remains open for expansion.The company maintains a strong financial position with a tight share structure of only 75 million shares outstanding and backing from major mining company Teck Resources. Their development roadmap includes completing a resource estimate and preliminary economic assessment (PEA), with plans for a resource-focused drill program in 2025. The company has demonstrated success in raising necessary funds while minimizing shareholder dilution.The MPD project benefits from its location in mining-friendly British Columbia, offering significant advantages including political stability, clear permitting processes, and excellent infrastructure. The management team's expertise, including Taylor's track record of discovering the 5-million-ounce Hardrock gold deposit in Ontario, adds credibility to their exploration strategy.The investment thesis for Kodiak Copper is particularly compelling given the macro environment for copper. The International Energy Agency projects a monumental increase in global copper demand over the next two decades, with estimates reaching 39 million metric tons by 2040, up from 23.4 million tons in 2020. This surge is driven by the metal's critical role in electric vehicles, renewable energy infrastructure, and power grid modernization.With the current pipeline of new copper projects at an all-time low and new discoveries becoming increasingly rare, Kodiak's high-grade copper project in a stable jurisdiction presents an attractive opportunity for investors. The company's combination of strong management, promising drill results, strategic location, and exposure to favorable copper market fundamentals positions it well to capitalize on the growing demand for copper in the clean energy transition.View Kodiak Copper's company profile: https://www.cruxinvestor.com/companies/kodiak-copper-corpSign up for Crux Investor: https://cruxinvestor.com

Trump names Howard Lutnick as Commerce Secretary, what this will mean for the business community and the various data reports coming from the department. Trucking firms and members of the state Assembly call on NY Governor Hochul to delay EV mandates. Litigants allege EPA cannot legally mandate electric trucks. Oil reacts to escalation of the Russia-Ukraine war, OPEC+ may delay output increases in December, China announcing policy measures to boost trade and increasing U.S. crude inventories. Phil Flynn, Senior Analyst Price Futures Group in his Energy Report points out that the incoming Trump Administration is signaling to the International Energy Agency to be more accurate in their data reporting. Also, Canadian oil companies are exploring the possibility of building pipelines and finishing the Keystone XL pipeline.

Trump names Howard Lutnick as Commerce Secretary, what this will mean for the business community and the various data reports coming from the department. Trucking firms and members of the state Assembly call on NY Governor Hochul to delay EV mandates. Litigants allege EPA cannot legally mandate electric trucks. Oil reacts to escalation of the Russia-Ukraine war, OPEC+ may delay output increases in December, China announcing policy measures to boost trade and increasing U.S. crude inventories. Phil Flynn, Senior Analyst Price Futures Group in his Energy Report points out that the incoming Trump Administration is signaling to the International Energy Agency to be more accurate in their data reporting. Also, Canadian oil companies are exploring the possibility of building pipelines and finishing the Keystone XL pipeline.

Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency's newest World Energy Outlook.  Even as the IEA says the world is shifting from the "Age of Oil" to the "Age of Electricity," we are still far from achieving net-zero targets. And the tensions highlighted in the latest Energy Outlook illustrate how difficult the transition will be.    This week, host Jason Bordoff talks with Tim Gould about the 2024 World Energy Outlook, published in October. They discuss the significant progress countries have made on the energy transition, and the structural shifts in economies and energy use that lie ahead.  Tim is the International Energy Agency's chief energy economist. As part of his role, he co-leads the World Energy Outlook. Tim joined the IEA in 2008 as a specialist on Russian and Caspian energy. Prior to joining the IEA, he worked on European and Eurasian energy issues in Brussels.

The International Energy Agency has said that the world cannot develop any new oil and gas fields if we are to stop climate breakdown. Keir Starmer has promised that the UK will slash its emissions faster than ever before and his government is banning new licences to drill for fossil fuels in the North Sea. Drilling in the wild waters of the North Sea has been a major Scottish industry for decades. Now, its time may be coming to an end. But what about the people who depend on the industry for their livelihoods? What will happen to workers and communities in places like Aberdeen? And how do we square this with the need to kick our addiction to destructive fossil fuels? Ayeisha Thomas-Smith is joined by Anna Carthy, senior policy researcher at Uplift, and Mika Minio-Paluello, industry and climate lead at the Trades Union Congress, to discuss. Music: Curious by Poddington Bear (available: https://freemusicarchive.org/music/Podington_Bear/Curious/Curious/), used under Creative Commons licence: https://creativecommons.org/licenses/by-nc/3.0/. Produced by Katrina Gaffney, Margaret Welsh and James Rush. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254

The incoming administration may follow the mantra “Drill, baby, drill,” but demand hasn’t been vigorous and the International Energy Agency predicts an oil surplus next year. In this episode, what too much product could mean for the domestic oil market. Plus, retirees feel financially stretched, North Carolina’s tourist industry navigates disaster recovery and Disney turns a profit on its streaming platforms.

The incoming administration may follow the mantra “Drill, baby, drill,” but demand hasn’t been vigorous and the International Energy Agency predicts an oil surplus next year. In this episode, what too much product could mean for the domestic oil market. Plus, retirees feel financially stretched, North Carolina’s tourist industry navigates disaster recovery and Disney turns a profit on its streaming platforms.

The incoming administration may follow the mantra “Drill, baby, drill,” but demand hasn’t been vigorous and the International Energy Agency predicts an oil surplus next year. In this episode, what too much product could mean for the domestic oil market. Plus, retirees feel financially stretched, North Carolina’s tourist industry navigates disaster recovery and Disney turns a profit on its streaming platforms.

Is China's lead in clean technologies insurmountable? How will the Trump presidency shape relations with China? And when will China's emissions peak? Fatih Birol, head of the International Energy Agency, has said that 'almost every energy story is essentially a China story. But it's a complicated story that has been powered by vast supplies of coal. China's economy has grown rapidly, with per capita levels of energy consumption now matching Europe's, making it the world's largest emitter of greenhouse gasses. At the same time, China has increased the share of electricity and total energy to around 28% thanks to a rapid uptake of electric vehicles and increasing use of electricity for heating domestically. If it continues on its current trajectory, it is likely to peak its greenhouse gas emissions from energy in the next few years, if it hasn't done so already. China is also playing an increasing role beyond its borders: In 2023, 20% of the global EV export market belong to China, and it dominates the battery, solar and wind industries. This week on Cleaning Up, Bryony Worthington sits down with Professor Qi Ye, Director of Public Policy at Hong Kong University of Science and Technology, who's had a ringside seat during China's rapid shift towards a clean energy economy. Together they unpack the complex dynamics shaping the global energy transition in China. Discover the remarkable scale and pace of China's clean energy transformation, the challenges of international collaboration, and Professor Qi's vision for a new era of climate leadership.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit cleaningup.live.Links: How China Became a Green Finance Superpower - Ep160: Dr. Ma JunThe World's Preeminent Energy Economist - Ep133: Fatih BirolHow Trump & Musk Will Reshape US Climate Action — Election Special

According to a new report by the International Energy Agency, the world is on track to produce nearly half of the electricity it uses from renewable sources by the end of this decade.  The report also finds that in nearly every country, large wind and solar plants are the cheapest forms of new power. Between […]

Emerging markets and developing economies are set to account for the largest source of emissions growth in the coming decades, according to the International Energy Agency. As population growth in developing countries around the world increases, so will their demand for energy. And historically, these countries have looked to fossil fuels to support their demand growth. But even though emissions from these countries are increasing, their historical cumulative emissions pale in comparison to those emitted by a few wealthy countries – including the U.S. It's an imbalance that has major implications when it comes to equity and the energy transition. This week host Jason Bordoff talks with Rahul Tongia about his work on climate equity and his views on net-zero emissions commitments. They also discuss carbon pricing, as well as his approach to establish a system that incentivizes low-emissions countries to keep their emissions lower, even as they use fossil fuels for longer. Rahul is a senior fellow with the Centre for Social and Economic Progress in New Delhi, where he co-leads the Energy, Natural Resources, and Sustainability group. He helped establish the Smart Grid space in India and is founding advisor of the India Smart Grid Forum. Rahul is a non-resident senior fellow at the Brookings Institution and a professor at Carnegie Mellon University.

Deloitte (Accounting and Consulting firm) released its 2024 Holiday Retail Survey; what trends can we expect and can retailers expect increses? U.S. Class 8 truck sales numbers were released; who's up and who's down. International Motors (formrely Navistar) Q3 Sales have been reported, the takeaways from the information. The U.S. has announced new sanctions on Iran and entities linked to the "ghost fleet" of tankers shipping the oil. Oil prices react to Israel indicating they will not target Iran's nuclear or oil sites in retalliation for the Oct. 1 missile attack; OPEC and the International Energy Agency cutting their respective oil demand outlook estimates and Hedge funds unwinding some of their positions.

Interview with Tim Moody, President & CEO of Pan Global Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/pan-global-resources-tsxvpgz-copper-explorer-poised-for-growth-in-spains-mining-heartland-5943Recording date: 9th September 2024Pan Global Resources (TSXV:PGZ) is actively exploring for copper in Spain's Iberian Pyrite Belt, a region renowned for its large volcanic massive sulfide (VMS) deposits. The company's flagship Escacena project has already yielded a significant discovery at the La Romana target, with ongoing exploration aimed at expanding this find and identifying additional deposits within the project area.Led by President and CEO Tim Moody, who brings over 40 years of mining industry experience, Pan Global is leveraging modern exploration techniques to uncover potential deposits in an area that has seen limited exploration due to post-mineral sedimentary cover. The company's strategy focuses on the "cluster concept," recognizing that VMS deposits in the Iberian Pyrite Belt often occur in groups.Key highlights of Pan Global's exploration efforts include significant progress at the La Romana discovery, where the company has completed 180 drill holes. The mineralization remains open for expansion, with recent drilling suggesting potential for a 400-meter strike extension to the northwest. Beyond La Romana, Pan Global has identified several promising targets within the Escacena project, including Cañada Honda and Bravo, broadening the exploration potential. The company has also made substantial advancements in technical work, with metallurgical testing at pre-feasibility level for about two-thirds of the drilled deposit at La Romana and environmental baseline studies ongoing for two years. Looking ahead, Pan Global has planned a 60-hole drill program to expand La Romana and test other targets, with a budget of $5-10 million. The company's near-term objectives include defining a resource and potentially releasing a Preliminary Economic Assessment (PEA), which could serve as significant catalysts for the project's advancement.The Iberian Pyrite Belt is known for hosting "super giant" VMS deposits exceeding 100 million tons. Pan Global is targeting a cluster of deposits totaling 40-50 million tons, which would be significant for a VMS project and could attract attention from major mining companies.Investors should note that Pan Global's current market capitalization of around C$30 million is significantly below its previous peak of C$180 million. The company believes that continued exploration success, particularly new discoveries, could drive a re-rating of the stock.However, investment in Pan Global comes with risks typical of junior mining companies. These include exploration risk, the need for additional financing (the company currently has about C$1.5 million in cash), commodity price volatility, and potential future permitting and development challenges.The macro environment for copper exploration remains favorable, with growing demand driven by electrification and renewable energy trends. The International Energy Agency projects that copper demand for clean energy technologies could increase by up to 350% by 2050 in a scenario aligned with the Paris Agreement goals.For investors interested in the copper sector and willing to accept the risks associated with junior mining exploration, Pan Global Resources offers exposure to a potentially significant copper discovery in a world-class mining district. The company's progress over the next 12-18 months, particularly in expanding La Romana and testing new targets, will be crucial in determining its long-term value proposition.View Pan Global Resources' company profile: https://www.cruxinvestor.com/companies/pan-global-resourcesSign up for Crux Investor: https://cruxinvestor.com

In this week's episode, host Daniel Raimi talks with Andrew Waxman, an assistant professor at the University of Texas at Austin, about carbon capture, utilization, and storage (CCUS), a technology that involves the capture and storage or reuse of carbon dioxide. Waxman discusses the application of CCUS technology for reducing greenhouse gas emissions from power plants and industrial facilities; the importance of the technology for achieving emissions-reduction goals; and the potential effects of the technology on local air pollution, particularly in communities along the US Gulf Coast. References and recommendations: “What are the likely air pollution impacts of carbon capture and storage?” by Andrew Waxman, HR Huber-Rodriquez, and Sheila M. Olmstead; https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590320 “Special Report on Carbon Capture Utilisation and Storage: CCUS in Clean Energy Transitions” from the International Energy Agency; https://www.iea.org/reports/ccus-in-clean-energy-transitions “City Limits: Infrastructure, Inequality, and the Future of America's Highways” by Megan Kimble; https://www.penguinrandomhouse.com/books/711708/city-limits-by-megan-kimble/

Global clean energy investment has risen by 40% since 2020, reaching an estimated $1.8 trillion in 2023, according to the International Energy Agency.  The cost of wind, solar, and batteries have fallen rapidly, often competing with fossil fuels, thanks to tech innovations, manufacturing scale, and policy support.  But the world still isn't on track to reach its emission reduction targets. And now new forms of demand, such as data centers running artificial intelligence, are raising concerns about rising energy use and emissions.  So how do we encourage more innovation in clean energy? How do we mobilize investment to scale-up and commercialize emerging technologies? What is the role of the private sector and what kinds of policies do we need?   This week, host Jason Bordoff talks with Arun Majumdar about some of his views on emerging technologies and energy policy. They also discuss how higher education can adapt to provide the knowledge and skills needed in the clean energy economy. Arun is the inaugural Dean of the Stanford Doerr School of Sustainability. He also serves as the Jay Precourt Provostial Chair Professor at Stanford University and Senior Fellow and former Director of the Precourt Institute for Energy. Formerly, he served as vice president for energy at Google.  In the Obama administration, Arun served as founding director of the Advanced Research Projects Agency-Energy and as the acting under secretary of energy. He also served as a Science Envoy for the U.S. Department of State and currently serves as the chair of the U.S. Secretary of Energy Advisory Board.

Russia's energy exports, including its significant natural gas capacity, are geopolitical currency for the country. Before Russia's invasion of Ukraine, Russia was Europe's single largest supplier of imported natural gas. But since the global fallout after the invasion, Russia is setting its sights on China as a new market for the country's gas and as an important ally.  The proposed Power of Siberia 2 pipeline would transport Russian natural gas to China via Mongolia. The project is a window into Russia's energy export strategy and the evolving relationship between China and Russia.  So what is the strategic importance of Chinese-Russian energy diplomacy? How significant was Russia's loss of the European gas market? And has Europe left its energy crisis behind? This week host Jason Bordoff talks with Erica Downs, Akos Losz, and Tatiana Mitrova about their recent CGEP commentary, The Future of the Power of Siberia 2 Pipeline. They discuss the geopolitical significance of the proposed pipeline and the evolving Russia-China relationship. They also cover a range of other topics including the outlook for European energy security and climate goals, China's energy demand, and the global gas market.  Erica is a senior research scholar at CGEP focusing on Chinese energy markets and geopolitics. She previously worked as a senior research scientist in the China Studies program of the CNA Corporation.   Akos is a former senior research associate at CGEP where he specialized in natural gas markets and the role of gas in the energy transition. He recently left CGEP and is returning to the International Energy Agency as its lead natural gas analyst.  And Tatiana is a research fellow at CGEP. She's spent her career focusing on Russia and global energy markets. Tatiana previously served as the executive director of the Energy Centre of the Moscow School of Management and the head of research in the Oil and Gas Department in the Energy Research Institute of the Russian Academy of Sciences. She is also an independent director of SLB, the large energy services firm. (Note: This conversation was taped prior to President Joe Biden's July 21, 2024 announcement that he was suspending his campaign for a second term in office.)

This week we talk about protectionist policy, solar panels, and rare earths.We also discuss Chinese business investment, EVs, and extreme weather events.Recommended Book: Meet Me By the Fountain by Alexandra LangeTranscriptThe Great Green Wall—the one in China, not the one meant to span the Sahel region, straddling the upper portion of Africa—is officially called the Three-North Shelter Forest Program, and was initially implemented by the Chinese government in 1978.This program is scheduled to be completed sometime mid-century, around 2050, and its purpose is to keep the Gobi Desert, which spans the lower portion of Mongolia and part of China's northern border, from expanding, which is something large deserts otherwise tend to do through a collection of natural, but often human-amplified processes called aeolian desertification.The Gobi currently gobbles up about 1,400 square miles, which is around 3,600 square km, of Chinese grassland every year, as dust storms that roll through the area blow away topsoil that allows grasses and other plants to survive. And those storms become more powerful as the climate shifts, and as more grassland is turned to desert, giving the winds more leeway, fewer things keeping them from blowing hard and scooping up more soil, and as the roots of the plants on the fringes of the desert dry up, which usually keep the soil in place, become newly exposed to these influences, withering, their roots holding things together less tight than before, the process continuing to move ever outward.Around a quarter of China's total landmass is already desert, and while there are a number of other causes of the country's desertification, including coastal erosion and the incursion of salty water into otherwise freshwater areas, this type, aeolian desertification, is one that they can tackle somewhat directly, if still at great expense and with muddled levels of success.So the Great Green Wall of China is meant to stop that desertification, it is a potential means of tackling this issue, and it does this by keeping those winds from blowing away the topsoil, and over time is meant to help reclaim areas that have been turned into desert by this collection of processes.And those in charge of this program do this by basically planting a huge number of trees, creating sturdier root systems to keep soil from blowing away, blocking the winds, and over time, the trees are meant to help new ecosystems grow in areas that have been previously diminished; holding everything together, soil-wise, but also adding nutrients to the ground as their leaves fall; those natural processes slowly reestablishing new layers of productive soil.The area they're attempting to swathe with newly planted trees is huge, and by that 2050 end date, it's anticipated that they'll need to plant something like 88 million acres of forests across a belt of land that's about 3,000 miles wide and nearly 900 miles deep in some areas.Local governments that have been largely tasked with making all this happen in their jurisdictions have claimed some successes in this ambition over the years, though one of the biggest criticisms leveled against those same governments is that they often spend a lot of time and money planting large swathes of trees, stabilizing some areas for a time, but then they fail to maintain those forests, so they more or less disappear within just a few years.This can actually leave some of the afflicted areas worse off than they would have otherwise been, as some of these trees are essentially invasive species, not optimized for the local conditions, and they consume more water than is available, gobbling up resources other plants need to spring up around them, and they thus blight the areas they're meant to enrich, killing off the smaller plantlife, not supporting and expanding it, and then they die because they're undernourished, themselves.While China plants more trees than the rest of the world, combined, due to this and similar projects, then, the system underpinning all of this planting isn't typically optimized for long-term success, and it often succumbs to the needs of local politicians, not the desired outcomes of the program, overall.Also, in the cases where the forests are sustained longer-term, they often to create monocultures that are more akin to plantations than forests, which makes them more susceptible to disease—like the one that killed more than a billion poplar trees that were planted in Northwestern China in 2000, leading to a 20-year-or-so setback in the program—and that also makes them faster-growing, but less effective as carbon sinks than slower-growth versions of the same; they get big faster, but they don't absorb and store as much CO2 as other trees options would.The forests they've planted that have sustained for more than a few years have periodically served as giant carbon sinks, though, pulling down as much as 5% of the country's total industrial CO2 emissions from 1978 to 2017, which is a pretty big deal for a country with such a huge volume of such emissions.That said, it's still an open question as to whether this Great Green Wall will do what it's meant to do, by 2050 or ever, as while the concept is solid by some estimations, its implementation has been uneven at best, and it seems to be plagued by short-term thinking and metrics of success that don't line up with the stated purpose of the program.What I'd like to talk about today is the implementation of what's being called, in some economic circles at least, a new Great Green Wall, this one around China and its exports, especially renewable energy exports, by the US and its allies, at a moment in which those sorts of exports are both highly desirable, and arguably, highly necessary.—The International Energy Agency recently said it expects to see about $2 trillion-worth of clean energy investments, globally, in 2024 alone.This spending is partly the consequence of the $13 billion in damage China sustained from natural disasters in January to June of this year, and the something like $37.9 billion in damages the US suffered from just the 15 most damaging storms it saw during the same period, not inclusive of all the other ones.Nations around the world are paying out gobs of money in the aftermath of increasingly brutal weather disasters, and that's on top of the slower-moving devastation that's being caused by the impacts of the climate shifting, messing with everything from crops to water cycles to where people can afford to live, because insurance companies are wholesale pulling out of some areas, and the cost of rebuilding over and over again in the same, previously habitable areas, just isn't worth it any more.While there's still some political and ideological opposition to the concept of climate change, then, even some of the folks who are vehemently against the concept, publicly, are privately investing huge sums of money in infrastructure meant to help them survive and thrive in a future in which the climate has changed, and that includes things like sea walls and buildings that are cooler, passively, allowing more airflow and reflecting sunlight rather than absorbing it, but we're also seeing surges of investment in renewable energy sources, as they don't further contribute to the issue of climate change, but also because they come with a slew of advantages over fossil fuel based versions of the same; hence, that $2 trillion clean energy spending in 2024, compared to the estimated $1 trillion for fossil fuel-based energy sources the same year.In May of 2024, US President Biden announced a near-future wave of tariff increases on a slew of Chinese goods, especially those related to the renewable energy transition.For those aforementioned reasons, alongside a bunch of economic ones, as renewables are cheaper over time than fossil fuels, it's expected by essentially everyone that the planet will largely shift to renewable energy sources this century, with many governments hoping to make the transition entirely or almost entirely by 2050, with some nations that are moving more slowly, because of issues related to existing infrastructure, population, or poverty, arriving sometime in the 2070s or 2080s.Thus, whomever owns the industries that will be relevant in that future—electric vehicles, batteries, solar panels, wind turbines, and so on—they will be something like the new oil giants of the latter-half of the century, and beyond, massively enriched because they're the ones that allow everyone to generate energy in this new reality.Making those sorts of investments now, then, in terms of manufacturing capacity, but also the knowledge and trade secrets and brands and supply chains that get those products to the world, may yield incredible dividends for those willing to make them.And at the moment, as of mid-2024, China is by far the king of the hill when it comes to pretty much every component of this transition, dominating the world's output of solar panels, EVs, wind turbine blades, batteries, and rare earth metals that are currently fundamental to the making of basically all of those things, while also owning some of the most valuable intellectual property, developing some of the most vital innovations, and controlling the most active, resilient, and competitive supply chains that make them available, globally.The push by the Chinese government to own these spaces began in earnest in 2009, when it started providing subsidies to companies that were willing to invest in and start producing electric vehicles and accompanying technologies, and that successful effort has allowed the country to leapfrog other countries, like the US, which by some measures had a leading advantage up till that point because of other capacities and investments, and which has long served as the home bases of traditional car companies, and exciting new brands like Tesla and other startups that were beginning to gobble up global market share.The Chinese government poured tens of billions of dollars into tax breaks and subsidies, though, and that helped stoke a highly competitive market that's led to the development of ultra-cheap electric vehicles, which are now outselling rivals in almost every market they've entered.This effect is perhaps even more pronounced when we look at solar panels and batteries.Chinese exports of these goods have easily outpaced and outcompeted rival producers overseas, and that's, combined with demand on the local, Chinese market, has pulled the price of solar panels from about $126 per watt in 1975 all the way down to about 26 cents per watt in 2022.Over that period, these panels have become more efficient and effective, more resilient, and more useful—reshapable to fit more use-cases.And the concomitant drop in lithium-ion battery prices, down about 97% since 1991 due to similar economic variables, has made solar even more useful and in demand, as solar setups are usually, these days, connected to battery backup systems that allow the panels to capture sunlight during the day and to stockpile that energy for later, when the sun isn't shining, ameliorating one of the biggest and most common concerns about solar power at the individual home scale, but also at the utility, city-sized scale; that it's an intermittent source. Attaching a battery, though, makes it a consistent source of power, that's also incredibly, and increasingly, inexpensive compared to other options offering similar levels of power.That's been a major contributor to the expansion of solar installations, and recent innovations in the development of alternative, non-lithium-based batteries could do the same, as some novel battery types, like sodium-ion batteries, use a similar setup as their lithium counterparts, but without the issues associated with mining lithium, and with a better power-to-weight ratio, much lower fire risk, and lower theoretical expense, and flow batteries, made from iron, salt, and water, which are a lot worse than lithium ion batteries in essentially every practical regard, are just silly cheap and incredibly resilient, and thus could be built and deployed essentially everywhere—into the walls of homes and other buildings, into driveways and roads, everywhere—providing widespread, low-grade energy backup to whole cities at a very low cost.So all of these products are already in high demand, and that demand is just expected to grow as these things continue to get better and cheaper.China owns the majority of the best companies in these spaces, and makes the best, cheapest versions of these products.Biden's recently announced tariff increases are an example of what're called protectionist monetary policy, the idea being to make competing products from elsewhere, like China, more expensive, by requiring folks pay another 25-100% of the product's price in tariffs, which in practice can double the price of these goods, which in turn makes locally produced goods, or those produced in allied countries, like in Europe, more competitive, despite not actually being competitive 1-on-1, without these policies in place.The argument for this type of policy is that while on some level it could be beneficial to have these high quality, cheap Chinese solar panels and batteries flooding into the US market in the short-term, as it would help companies shift to clean energy sources faster than would otherwise be possible, in the long-term it would allow China to own those spaces, killing off all US-based competition in these industries, which would make the US economy, and by association all US businesses and people, and the US government, reliant on China, and a constant flow of such goods.That would mean China would have a permanent whammy on the US because if they ever wanted to invade Taiwan, for instance, and keep the US off their back, they could just say, hey, let us do what we want to do, or we'll stop sending you solar panels and batteries, and we'll stop providing support for the ones you already have, which would devastate the US, because that would be equivalent to what happened when OPEC stopped exporting oil to the US in the 1970s—it was brutal, and we've only become more reliant on cheap, abundant energy in the decades since.And that's on top of concerns that China, if it owned all the infrastructure related to these technologies top to bottom, which they kind of do, they would also conceivably have all sorts of potential backdoors into the US electrical grid, giving them the ability to shut things down or cause other sorts of havoc in the event of a conflict.So while these are kind of just theoretical concerns at the moment, the risks associated of becoming reliant on one country, and one run by an authoritarian government that isn't the biggest fan of the US and its allies, controlling all aspects of a nations energy capacity in that way are substantial enough that the US government seems to think it's worth taking a hit in the short-term to avoid that potential future.This situation in which short-term loss is necessary to avoid long-term energy dominance by China is arguably a problem of the US and other wealthy governments' own making, as again, China started wholeheartedly investing in these technologies back in 2009, and the US and Europe and other entities that are trying to play catch up, now, didn't make the same bet at the same scale, and that's a big part of why they're so far behind, scrambling to figure out how to catch up, and how to avoid having all their own solar and battery and EV companies killed off in the meantime.Some of these governments are doing what they can, now, to pick up the pace, Biden's Inflation Reduction Act and Infrastructure Act, for instance, shoring up these sorts of businesses and seeding potential next-step technologies—but again, these and similar efforts are more than a decade behind the same in China, and the Chinese government often entangles itself more directly with Chinese businesses than Western governments are conformable attempting with their own versions of the same, so Chinese businesses have that additional entanglemented-related leg-up, as well.There's an argument to be made, then, that while these tariffs—in the US and otherwise—are almost certainly at least a little bit performative, for political purposes, and at least a little bit reactive, in the sense that they attempt to reframe Chinese superiority within these spaces as unfair, rather than the winnings associated with making different, and ultimately better bets than other governments back in the day, there's an argument to be made that this is one of the only ways to prevent Chinese companies from killing off all their foreign competition, locking themselves in as the makers of solar panels and wind turbines and battery backup systems and electric vehicles, and more or less owning that component of the future, which—because of how fundamental electricity is already, and how much more fundamental it's becoming as more nations segue away from fossil fuels as primary energy sources—means they have a slew of adjacent industries in an economic headlock, as well. Arguably the whole of every economy on the planet.Attempts to label one side good and pure and the other a malicious economic actor may be just set dressing, then, and the real story is how one side managed to lock-in a true advantage for themselves, while their competitors are scrambling at the 11th hour to figure out a way to dilute that advantage, and maybe grab something of the same for themselves.Biden's attempt, here, and similar policies elsewhere—especially Europe, but we're seeing some protectionist ideas flutter to the surface in other nations, as well, most of them aimed specifically at China—is meant to give competitors time to catch up. And many of them use a stick approach, increasing the price of these goods on foreign markets, while others are carrots, offering subsidies for locally made panels and EVs, for instance, but only if their key components are made in friendly countries; so Chinese-made vehicles don't benefit from those subsidies, but those manufactured elsewhere often do.Some businesses in tariffed areas are bypassing, or attempting to bypass these concerns by making licensing deals with, for instance, Chinese battery giant CATL, which makes the world's best and cheapest batteries, and which US-based Ford and Tesla have been dealing with in ways that they all claim still work, legally, under the new policy system.Other countries, like Brazil and Chile in South America, and Hungary and Germany in Europe, have been making deals to attract Chinese foreign direct investment within their borders, basically having Chinese companies build offshoots in their territory so they can benefit from the additional job creation and local know-how, and in both cases the idea is to dodge these policies, still benefitting from relationships with Chinese companies but in ways that allow them to avoid the worst of those sticks, even if they don't always benefit from the carrots.China, for its part, has been investing in reinforcing its global supply chains against these sorts of tariffs for years, especially following former US President Trump's decision to begin disentangling the US and China when he was in office, which caught a lot of businesses and governments off guard at the time.In the years since, Chinese officials have been moving things around so that many of their supply chains end in third countries before headed to US and European markets, giving them backdoor access to those markets without suffering the full impact of those amplified tariffs.This is just a riff on an existing strategy, as China did the same with their solar panels back in the industry's relatively early days of the 2010s, rerouting their panels through Southeast Asian countries like Vietnam and Cambodia to avoid tariffs, which is part of why something like 80% of the US's solar panels still come from these countries, today: they're Chinese panels, in most of the ways that matter, but those buying and selling them can claim otherwise for tariff purposes.Now, China is developing the capacity to build their EVs in Mexico, before then shipping them to tariff-defended countries around the world, including the US to the north, and Chinese-mined and refined rare earths, which are necessary components for batteries and other such technologies, are being mined in and diverted through a variety of different countries, their origins visible but still obfuscated for legal, tariff-related purposes.The US and its allies are beginning to insist that other trade partners implement similar tariffs against China when it comes to these sorts of products, but results have been hit and miss on that front so far, and it could be that, even though this sort of trade war stance has been ongoing for nearly a decade at this point, policies related to these increasingly vital goods will be what finally fractures the global economy into rival collections of supply chains and viable markets, smaller countries forced to choose between dealing with the US and other Western nations on one hand, and China and its allies on the other.Of course, again, intensifying weather events and the changing climate is stressing a lot of infrastructure and causing a lot of damage, globally, which is making the shift to renewables an increasingly pressing need.At some point that need could strain or break existing relationships, depending on who ends up wielding the most leverage in this regard, and that in turn could contribute to the ongoing and substantial realignment we're seeing in the global world order that has determined how things work, economically and legally and militarily, for the better part of the past century.Show Noteshttps://ourworldindata.org/grapher/solar-pv-priceshttps://ourworldindata.org/battery-price-declinehttps://www.technologyreview.com/2023/02/21/1068880/how-did-china-dominate-electric-cars-policyhttps://ustr.gov/about-us/policy-offices/press-office/press-releases/2024/may/us-trade-representative-katherine-tai-take-further-action-china-tariffs-after-releasing-statutoryhttps://www.phenomenalworld.org/analysis/great-green-wall/https://archive.ph/MxOTZhttps://www.trade.gov/commerce-initiates-antidumping-and-countervailing-duty-investigations-crystalline-siliconhttps://www.reuters.com/world/china/natural-disasters-china-caused-13-bln-economic-loss-january-june-2024-07-12/https://knowablemagazine.org/content/article/society/2023/abandon-idea-great-green-wallshttps://www.wsj.com/world/china/china-us-fusion-race-4452d3behttps://asiatimes.com/2024/07/chinas-subsidies-create-not-destroy-value/https://www.washingtonpost.com/world/2024/07/09/china-floods-climate-change/https://www.reuters.com/sustainability/climate-energy/iea-expects-global-clean-energy-investment-hit-2-trillion-2024-2024-06-06/https://en.wikipedia.org/wiki/Great_Green_Wall_(China)https://phys.org/news/2023-10-china-great-green-wall-boosts.htmlhttps://earth.org/what-is-the-great-green-wall-in-china/ 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Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [WEF]/[DS] are pushing everything they have to convince the people that there is a climate emergency, the problem is they do not control the narrative and nobody is believing them. The economy is in a recession, the [CB]/[Biden] admin can manipulate the stats all they want it won't work, the script is about to be flipped. The [DS] is preparing to go against the will of the people. They have started the process of cheating and they are trying to build the narrative. Trump and the people are countering their narrative. The people are with Trump and the election will be to big to rig, so what will the [DS] do. Most likely try to damage their own systems to delay the vote. This will fail, this summer is the summer of freedom. At dawn Trump will win and the people will win.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/WiseSquirrel_/status/1789738503758110905   Actions Taken By Our Government in 2023:   The US Department of Energy allocated $1.2B to construct similar plants in Texas & Louisiana.   The Biden Administrations goal is to limit the amount of sunlight that hits Earth. One way is to multiply the amount of aerosols in the stratosphere to reflect Sun rays aka Block Out The Sun. These actions are the result of a 2022 report from the International Energy Agency that recommended these steps to achieve the goal of net zero Carbon by 2050. Up until 5 minutes ago, Carbon was simply plant food. This madness needs to be shut down before Humans actually achieve zero Carbon in the air. Trump Tells Massive Crowd: "Day One" Executive Order Will Target Offshore Wind To Save Whales Former President Trump revealed at a large rally on Saturday evening in Wildwood, New Jersey, that if re-elected, he would sign an executive order on his first day in office to address offshore wind development along the East Coast. Trump told a crowd of thousands that windmills are killing whales and fish. He pointed out that only a small number of whales died before wind farm developments, but now, whales are dying "all the time." "We are going to make sure that that ends on day one," he said, adding, "I'm going to write it out in an executive order." Trump has said before, "Windmills are causing whales to die in numbers never seen before." He made that comment at a campaign rally in South Carolina in 2023.  "They're washing up ashore. I saw it this weekend, three of them came up. You wouldn't see it once a year. Now they're coming up on a weekly basis," he continued. Trump is correct. Since 2016, or around the time offshore wind development began to ramp up, there has been a noticeable uptick in whale deaths along the East Coast. Data from NOAA Fisheries shows humpback whale strandings from Maine to Florida have surged post-2016. Meanwhile, New Jersey has been on a quest to distinguish itself as the top offshore wind state on the east coast. The Garden State has approved three offshore wind farms and is soliciting more requests. Source: zerohedge.com https://twitter.com/WallStreetSilv/status/1790306066447966229 Democrat-Run California Imposes Secret 50-Cent Per Gallon Gas Tax Now this… An emissions reduction program by an environmental regulator will lead to a 50-cent per gallon of gasoline increase, according to a report by a state environment regulator. Last year the California Air Resources Board (CARB) said gas prices would increase by 50 cents next year and every year after in order to reduce emissions.