C-MACC Weekly “CRETER” (Climate etc.)
EU Energy Policy: Swapping A Bad Supplier For Something Worse?
- The West is already dangerously dependent on China for too many materials and components for energy transition – Europe’s proposals will make that worse.
- We are building renewable power and renewable fuel strategies without equally important plans for foundation industries, materials, natural gas, and crops.
- Russia’s global influence on energy is dwarfed by China’s potential influence on materials and products that are critical to future energy plans in the West.
- Ammonia could become the next lithium if price agnostic fuel demand compounds rising fertilizer demand against a high margin farming backdrop.
- Otherwise, we talk about the likely climate pressure on rising corporate executives, the limits of advanced recycling, biofuels, Shell, and HSBC.
See PDF below for all charts, tables and diagrams