In this latest Analyst Note from the Power and Utilities team we explain the financial implications of recent changes to coal power economics in the EU. In doing so, we argue EU policymakers and investors need to prepare for no hard coal generation by 2025 and no lignite by 2030.
Climate Crisis
Fortune: Drought has sent a Rhine River chokepoint to a historic low for this time of year and threatens shipping of critical fuel supplies
Water levels at a chokepoint on the Rhine have fallen to a seasonal low, hampering shipments of diesel inland from Europe’s oil-trading hub. Europe’s busiest commercial waterway is being closely watched after dryness last summer […]
Finance
Reuters: U.S. Labor Secretary supports classifying gig workers as employees
Shares of gig economy groups dive on comments by US labour official Read here
Economics
Bill Mitchell: RBA rejects theory that interest rate rises cure Covid and make trucks go faster
“There was an important speech delivered by the Governor of Australia’s central bank today that reveals the reasons that the RBA is once again refusing to be bullied into increasing interest rates rises by the […]
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