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The drop in oil prices is not good news for oil investors, but it's great news for those looking to advance the "inflation is declining" narrative.
A big chunk of the clean-energy industry’s woes are macroeconomic. Some of the worst-hit companies started big, expensive projects before pandemic supply-chain bottlenecks helped send the cost of materials such as steel soaring, and interest-rate increases made financing more expensive. In the U.S., dozens of renewable-power developers have increased prices they are charging for electricity and rewritten contracts to try to recoup costs.
The shift away from oil and gas looks increasingly more expensive and further out.
From no miraculous solution to looking for win-win solutions for investors, CEA Nageswaran lists the key principles for businesses and investors in the context of energy transition.
The influence of BRICS will depend on its effectiveness, not on its composition or size … the group could be more effective … if key members were truly serious about pursuing shared goals, Lord Jim O’Neill, UK economist, says. This will be the key test for BRICS+. [Gas in Transition, Volume 3, Issue 9]