C-MACC Weekly “CRETER” (Climate etc.)
IPCC Identified the Problem; Proposed Solutions Are Flawed
- The IPCC’s most recent report properly articulated the scale of climate change and the risks without more action – we view its proposed solutions as flawed.
- We observe too much faith in a strained renewable power solution and a reluctance to embrace a realistic transition strategy – involving hydrocarbons.
- High energy prices may spur more interest in alternatives, but a lack of materials for proposed solutions remains a significant concern. Alternatives are needed.
- We also look at the trade and globalization implications of uneven carbon-based regulation worldwide, likely to change relative costs and drive tariffs.
- Otherwise, we look at plastic taxes, more on energy, the increasing flow of ESG-related corporate updates, and increasing concerns about water quality and costs.
See PDF below for all charts, tables and diagrams