According to the latest report from the International Energy Agency, CO2 Emissions in 2022, global energy-related carbon dioxide emissions rose by less than 1% in 2022.
Russia's oil product exports have slumped by 20% in February, marking the lowest level since May 2022, according to tanker tracking data reported S&P on March 2 in a note. Shipborne exports of crude, however, have held up well and remain robust.
Russia's nuclear exports were already booming well before the war in Ukraine started but now they are growing even faster. Moscow is using nuclear power as foreign policy tool to bind allies in the non-aligned world more tightly to its cause.
Of the 6.3bn people who reside outside of liberal democracies, 70% have a positive view of China and 66% of Russia.
The free flow of ideas, people, goods, services, and capital across national borders leads to greater economic integration. But globalization, the trend toward these things moving ever more freely between nations, has slowed in recent years.
Most growth in global power generation by 2050 will be solar and wind, according to oil supermajor BP’s annual benchmark report, the 2023 Energy Outlook.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.
In December the investment community took notice of Jack Dorsey’s most recent moves in Africa when his tech conglomerate Block, Inc. co-led a $2mn investment round into Gridless, a bitcoin mining company in Africa.