Despite the predicted peaks in demand for coal, gas and oil, the IEA said the transition to clean energy sources is not happening fast enough to meet climate goals.
Out of uncertainty, volatility, and fragility will emerge opportunity.
Australian utility AGL Energy will accelerate the phase out of coal power after its controlling shareholder, billionaire activist Mike Cannon-Brookes, installed four of his nominees to the company’s board.
van der Welle says, ”We find that the bar for inflation becoming entrenched is pretty high and recessions, which we expect one way or another, are highly disinflationary. However, a right-hand skew to the expected inflation frequency distribution for developed economies is a key thread for 2023-2027. “