Going into the IMF spring meetings next week, and the 80th Anniversary of Bretton Woods, a lot of ink is going to be spilt on the dollar world order.

Just read this fantastic piece by Mona Ali
phenomenalworld.org/analysis/regim…

Canadians have been hearing lots of politically-motivated misinformation about the relationship between inflation and carbon pricing lately.

But guess what: what actually worsens inflation is... the climate crisis! #cdnpoli (via Kate Mackenzie)
pik-potsdam.de/en/news/latest…

If you think Chinese clean-energy manufacturing costs are an outrage justifying a reordering of global trade, you might be shocked to learn about the cost of oil production in Gulf countries:

Pavlina R Tcherneva Yakov Feygin 🏗🌹🧦🇺🇦 advait Daniela Gabor Levy Institute Also want to flag this panel w/ Phenomenal World and The Polycrisis last summer. Provided a ton of inspiration for my paper by clarifying “the derisking critique” and where in my view it falls short. Many thanks to Albert Pinto and Kate Mackenzie
phenomenalworld.org/interviews/der…

An excellent book which I highly recommend, as the back cover shows!

A few quick thoughts on Saudi Aramco’s shock announcement that it won’t be lifting its Maximum Sustainable Capacity from 12m barrels/day to 13mb/d:

bloomberg.com/news/articles/…

Yayoi Sekine Dan Lashof David Roberts 27. Ordinary people have no idea how much progress we’ve made. Tell people at parties that in 2022 renewables produced over 47% of Germany’s electricity.

6/ Oil exporters want high prices but interests of oil importing countries is to keep prices stable. China is managing prices by using its strategic petroleum reserves.

Meet the People’s bank of Oil says our panelist Alex Turnbull
syncretica.substack.com/p/the-peoples-…
phenomenalworld.org/interviews/oil…

5/ How does a world with terminally declining oil demand look? Or a more distributed energy system? One which doesn’t rely on the hunter gatherer model of discovering fossil fuel reserves, but instead is centered on farming wind & solar?'
asks Adam Tooze
phenomenalworld.org/interviews/oil…

Climate risk intelligence, climate impact analytics, whatever you want to call it - is booming, but its implications and pitfalls aren't well understood.
I'm moderating a panel of amazing people early next week on this topic; sign up details below.

Fascinating paper on geopolitics and 'critical minerals' mcusercontent.com/4d3c72e64f7160…

“Gone are the days when mining majors could open a few primary schools, drill a few wells, and bribe officials to retain mining rights. Western multinationals are finding that some countries no longer intend to be plundered for raw materials at basement prices.”

Last month, for the first time in US history, a sitting president walked a picket line in solidarity with striking United Auto Workers at a GM plant in Detroit.

NEW The Polycrisis on HOT LABOR
phenomenalworld.org/analysis/hot-l…

NEW: The oil and gas sector has seen record profits over the past two years … Are they investing in green? No. ... The supermajors are returning cash to shareholders at a furious pace.

Petrostates, however,… are diverting earnings towards diversifying
phenomenalworld.org/analysis/globa…

The global economy is beginning to contend with something it's never seen before: secular decline of oil demand.
Our next The Polycrisis panel will discuss the implications across markets, exporting countries, and politics. bit.ly/transition-geo…

Water is powerful. Civilizations that fight against water, lose. Fossil-fueled civilizations doubly so. phenomenalworld.org/analysis/globa…
twitter.com/Phil_Lewis_/st…

New York, scenes from The Polycrisis
- massive flooding of roads, subway, train stations, leaking roofs, basements ...disrupts people's homes and lives
-Covid surges again (spike in wastewater)
-GOP led Fed Govt shutdown ->FEMA stops disaster relief funds
twitter.com/luckytran/stat…