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Climate: The Fed Holds the Line

By: Andrew Stuttaford · Andrew Stuttaford
The Fed has reportedly pushed back against an effort by European central bankers to require lenders to disclose ‘their strategies for meeting green commitments.’

Federal Reserve Chairman Jerome Powell holds a news conference after the release of U.S. Fed policy decision on interest rates in Washington, D.C.,  May 3, 2023.

Office Property: No Tea Party in Boston

By: Andrew Stuttaford · Andrew Stuttaford
The decline in office-building values will affect the cities that rely largely on revenue from commercial-property taxes.

Buildings in downtown Boston, Mass.

Germany: Blunder Road

By: Andrew Stuttaford · Andrew Stuttaford
Many of Germany’s problems stem from the misjudgments made during the Merkel years, from the reliance on “cheap” Russian gas to a growing economic dependence on China.

German Chancellor Olaf Scholz speaks during a visit at the BMW Group plant in Munich, Germany, December 5, 2023.

Germany: Deindustrialization Watch

By: Andrew Stuttaford · Andrew Stuttaford
The German company ThyssenKrupp has struggled for a while and is now facing major production cutbacks.

The Thyssenkrupp headquarters in Essen, Germany, November 22, 2023

Ukraine: Not So Quiet on the Eastern Front

By: Andrew Stuttaford · Andrew Stuttaford
Attrition’s cruel math favors Russia. 

Servicemen of the 12th Special Forces Brigade Azov of the National Guard of Ukraine run at their positions at a frontline in Donetsk Region, Ukraine, April 5, 2024.

Electric Vehicles: Slow Canada

By: Andrew Stuttaford · Andrew Stuttaford
As is the case in many other markets, Canadian buyers are concerned about the lack of adequate charging infrastructure.

Canada's prime minister Justin Trudeau attends a news conference to announce details on the construction of a gigafactory for electric vehicle battery production by Volkswagen Group's battery company PowerCo SE in St. Thomas, Ontario, Canada, April 21, 2023.

Europe’s Energy: Russia Tries Another Line of Attack

By: Andrew Stuttaford · Andrew Stuttaford
There are plenty of reasons why NATO countries should be providing additional air-defense systems to Ukraine. This is another.

A worker walks past a gas tube  during the opening of the liquefied natural gas terminal in Wilhelmshaven, Germany, December 17, 2022.

The Tory Tobacco Ban

By: Andrew Stuttaford · Andrew Stuttaford
The war against tobacco is, these days, more about control than health. 

Prime Minister Rishi Sunak gives a speech on welfare reform in central London, April 19, 2024.

Brzezinski’s Prophecy, Ferguson’s Law

By: Andrew Stuttaford · Andrew Stuttaford
On our current trajectory, this gap will only widen, until it can’t. 

Xi Jinping of China and Vladimir Putin of Russia attend a signing ceremony at the Kremlin, March 21, 2023.

Net Zero: Yet Another Tax

By: Andrew Stuttaford · Andrew Stuttaford
Best guess: Pay-per-mile is headed London’s way.

London mayor Sadiq Khan outside City Hall in London, May 2016.

Electric Vehicles: Electric Ladaland

By: Andrew Stuttaford · Andrew Stuttaford
Shareholders not in thrall to ESG or climate fundamentalism ought to start speaking out.

A man holds a charging plug to charge a car at a Smart Charge electric vehicle charging station in Beijing, China, February 2, 2024.

Russia: Jamming and Gray-Zone Games

By: Andrew Stuttaford · Andrew Stuttaford
Moscow continues to apply pressure in the Baltic Sea region. 

A Finnair Airbus A320-200 prepares to take off from Manchester Airport in Manchester, England, in 2018.

Wind Power: Interest Rates Too High, Wind Rates Too Low

By: Andrew Stuttaford · Andrew Stuttaford
Surely the wind won’t die down for long periods? We can’t be so sure.

An aerial view shows power-generating windmill turbines in a wind farm in Graincourt-lès-Havrincourt, France, May 19, 2022.

The Tyranny of Relativism

By: Andrew Stuttaford · Andrew Stuttaford
Quis custodiet ipsos custodes remains as good a question as it always has been. 

French writer Julien Benda
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