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The Glasgow Summit will be judged, in part at least, on how it acts as a catalyst not only for greater ambition in emissions reductions, but in ensuring they are being consistently measured
While bonds, crypto, and the dollar largely trod water today, Commodities rose for a record 16th straight day today... Source: Bloomberg Source: Bloomberg After Janet Yellen shit the bed yesterday, today's bounce was barely noticeable (and non-existent in most cases)... The Pentagon and US Space Command are said to be tracking a large Chinese rocket which is set to reenter Earth's atmosphere at some point this coming weekend, likely "around May 8th" according to the latest DoD statement. Crucially, the concern is that the falling rocket's debris could land on inhabited places and pose a dange...
10 hours Indian State Refiner To Buy Iranian Oil If Iran Offers Price Discounts 13 hours Biden's Asia Advisor: ''U.S. Entering Period Of Intense Competition With China'' 14 hours WoodMac: Asia Needs To Invest More In Gas To Lower Emissions 15 hours Venezuela Imports First Diesel Cargo In Six Months 17 hours China Increases Oversight On Crude Import Of Oil Majors 18 hours Senators Propose Pro-Nuclear Tax Amendment 1 day Activist Investor Wins Exxon Board Seats In Day Of Reckoning For...
Biden Commits to Reducing GHG by as Much as 52% by 2030 during Two-Day Summit (Credit: US Nationally Determined Contribution report) President Joe Biden has set an economy-wide target for reducing the US’s greenhouse gas emissions by 50% to 52% below 2005 levels by 2030, he announced at the virtual Climate Summit today. The National Climate Advisor developed the “nationally determined contribution” (NDC) in consultation with the Special Presidential Envoy for Climate following a “careful process involving analysis and consultation across the United States federal government and with l...
DOW closes more than 300 points lower after Biden eyes capital gains tax hike (SPY -0.9%). The US is running out of people to vaccinate. Pfizer: People will need 3rd COVID-19 shot, yearly doses. The Market in Perspective Here are the headlines moving the markets. The Future For Oil Producer Romania Looks Bleak Europes upstream segment has two main challenges environment-related long-term objectives that gradually narrow down oil companies maneuvering ability in terms of where/what they can drill and deficit-ridden governments trying to squeeze as much out of their domestic production as it...