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  • How will higher carbon prices affect growth and inflation?

    From ecb.europa.eu

    Urgent action is needed to reduce greenhouse gas emissions and prevent the most disastrous effects of climate change. This is why the EU aims to reduce such emissions by 55% by 2030 (compared to 1990 levels), and to achieve net zero emissions by 2050. The EU’s Fit-for-55 package will use measures like carbon prices, regulation and green investment, all of which will affect the economy. But how, and with what economic consequences? In this post we focus on carbon pricing. It is the most effective instrument to reduce emissions because it is targeted at the carbon footprint of the economy. It forces everyone to take ... (full story)

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    Asia’s renewables need massive grid investment

    From woodmac.com|May 25, 2023

    Across Asia Pacific, the rapid increase in wind and solar installations is dramatically altering the power mix and helping reduce carbon emissions. But this much-needed growth in ...

    Natural Gas Inventory +96 bcf vs +101 bcf Expected

    From streetinsider.com|May 25, 2023

    Working gas in storage was 2,336 Bcf as of Friday, May 19, 2023, according to EIA estimates. This represents a net increase of 96 Bcf from the previous week. Stocks were 529 Bcf ...

    If There is an Economic Downturn, When Will It Begin?

    From cmegroup.com|May 25, 2023

    All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author ...

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    U.S. gasoline prices are down from 2022 heading into Memorial Day weekend

    From eia.gov|May 25, 2023

    The retail price for regular-grade gasoline in the United States on May 22, the Monday before Memorial Day weekend, averaged $3.53 per gallon (gal), 26% (or $1.24/gal) lower than ...

    Turkey's runoff election is paralyzing key oil exports from northern Iraq

    From cnbc.com|May 25, 2023

    Turkey’s runoff election is compounding delays to restart roughly 450,000 barrels per day of Iraqi crude oil exports, as Ankara studies its relationship with Baghdad, analysts and ...

    Microsoft: State-sponsored Chinese hackers could be laying groundwork for disruption

    From apnews.com|May 25, 2023

    State-backed Chinese hackers have been targeting U.S. critical infrastructure and could be laying the technical groundwork for the potential disruption of critical communications ...

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  • Posted: May 25, 2023 11:51am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 368
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    From eia.gov|May 25, 2023
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