Carbon Economy

TS Lombard with the note.

This was always one serious Hail Mary: As China Evergrande Group mulls a special dividend to revive confidence in its tumbling stock, analysts are gaming out several scenarios that could have markedly different implications for equity and bond investors.

Ever since China installed its “three red lines” policy early this year, there have been increasing signs of stress in China’s mega-development sector.

We know he can’t “read the room” owing to a personality disorder that inhibits empathy.

Our Gaslighter-in-Chief is having his climate bluff called.

It is a full-court press against the climate spoiler Morrison Government today.

Another day, another alarming scientific climate change report from a very authoritative source, The Climate Council: Climate change is accelerating with deadly consequences.

The Morrison Government’s “gas-led recovery” has been rubbish from the outset.

Readers will know that the MB view of the uptake of battery power to supplant traditional baseload output reliant on fossil fuels is inevitable.

Australian Academy of Science: Full report here.

Via Wood Mackenzie: We recommend the following action items for capital allocators: • With roughly US$800 billion in annual spend, it’s a growth story.

The Coalition is a total energy imbecile.

It has been coming for a long time now.

Ever since Xi Jinping came to power in China, its economic narrative has shifted.

The latest distraction thrown up by the struggling Morrison Government is a push for nuclear power.

How will China hit 2060 net-zero emissions given it by far the world’s largest polluter?

For many years, as Australia agonised over its climate change transition and carbon price, forward-looking economists warned that it would not be long before it was imposed by other countries anyway.

The Morrison Government’s absurd position on climate change is slowly evolving.

Via Bloomie: Australia is planning another giant grid-scale battery as the global roll out of super-sized energy storage projects accelerates.

Via Platts: The decline in gas-fired power generation to a 15-year low in eastern Australia’s national electricity market (NEM) in October-December may reflect the transition of country’s largest source of greenhouse gas (GHG) emissions to a lower carbon intensive sector.

Via the Bloomberg G20 Zero-carbon policy scoreboard: Governments around the world are considering how best to drive companies and consumers to reduce greenhouse-gas emissions with a view to avoiding catastrophic climate change.

I put it to you that this is the major reason that Scotty from Marketing is level pegging with a hapless and treasonous Labor today.

It’s a tricky question.

Via The Guardian: Batteries capable of fully charging in five minutes have been produced in a factory for the first time, marking a significant step towards electric cars becoming as fast to charge as filling up petrol or diesel vehicles.