Transition Getting More Expensive and Less Popular – By Association

C-MACC Weekly Sustainability and Energy Transition Report

Transition Getting More Expensive and Less Popular – By Association

• 1^st Topic of the Week: It is quite easy to play the “anti-woke” card to an audience resistant to and fearful of change, which is a tactic used in the US today. Energy transition spending should drive considerable growth and create millions of jobs, but it is easier to point to the negatives – this will slow progress if the movement continues in the US, but it will also limit spending and may contribute to an economic slowdown.
• 2^nd Topic of the Week: Does anyone care if China is green – except China?
• Otherwise: We look at the costs and carbon footprint challenges of chemical recycling, the blue benefit in Alberta, and why lithium’s woes are batteries benefit.

Exhibit 1: While the 2024 numbers look better, the peak came in 2021.

Source: Global sustainable finance market: changing for the better, August 2024