Europe’s economy faces a one-two punch from extreme weather and war
Soaring temperatures are forcing drastic measures in Europe, where heatwaves are straining an economy under pressure from higher energy prices due to the Iran war.
Non-Resident Fellow
As the clean energy transition takes off, the region’s biggest players are making sure they have a seat at the table.
It has now been just over a year since the US signed into law the Inflation Reduction Act and already, it has been followed by more than US $110 billion in clean energy investments.
Asia’s retreat from the market is a gift for Europe this winter.
US battery supply is woefully inadequate
This commentary addresses the economics of the battery supply chain, who controls its key components, and, most importantly, how the IRA changes the position of the US in the global battery market.
🥞 Good morning! Today's newsletter has a Smart Brevity count of 1,131 words, 4.5 minutes.
It has been over two months since the European Union (EU) ban on Russian crude oil entered into force, triggering friction in oil markets and petroleum supply chains.