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  • The big challenges

    As delegates gather for this year's European Petrochemical Association meeting in the unreal world of Monaco (unrealf or 99.9 per cent recurring of us), I thought it was worth summarising some of the issues discussed on this blog over the last few months. We've dealt with: *Oil-price volatility...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-27-2008
  • History will repeat itself

    It is September 2025 and the financial system has imploded due to the collapse in value of collaterised green obligations (CGOs). So how did we end up in this sorry state? Here is a guide to how the crisis developed: Governments (often sovereign wealth funds that had made a fortune from selling oil and...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-17-2008
  • The world is round after all

    I asked my boss two years ago what were his favourite business books. His list included The World Is Flat: A Brief History of the 21st Century by Thomas Friedman. Of course I rushed out and bought the book. It has sold by the truck load and was quoted by Mohamed Al-Mady of SABIC during his speech at...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-16-2008
  • Go on, stick your head in deeper

    Apparently it's a fallacy - ostriches don't stick their heads in the sand. Investment bankers frequently do, though, especially all the greedy ones who only cared about their end-of-year bonuses when they new perfectly well that the credit crisis was on its way. I am sitting here sipping a beer...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-15-2008
  • Uncle Sam back from the dead?

    A very interesting report by McKinsey (you can sign up free for their online newsletter which only takes a minute) expands on the theme of reverse globalisation which I talked about last week. The cost of shipping a standard 40-foot container has tripled since 2000 and labour cost increases have risen...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-10-2008
  • Get off your backside!

    Click here for some positive thinking - Energy%20Carta%20Conference%20Executive%20Summary_general%20150808.pdf The Asian Energy Youth Summit - organised by the non-profit organisation Energy Carta - is an example of doing something about the climate-change challenge. Speakers at the event which takes...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-04-2008
  • Do you ever get that sinking feeling?

    I am afraid I do when it comes to climate change and, as a result, don't always switch off lights when I leave rooms, don't always say no to unnecesssary plastic bags when I buy anything and will happily (and this could be the worst damage of all) jet anywhere in the world either for business...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-02-2008
  • The danger of bogus science

    Believing what you want to believe (or pretending to believe in something because it's in your commercial interests) has always been a problem. But the stakes have never been higher than in the case of climate change. To yet again refer to the excellent New Scientist magazine, their editorial from...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-22-2008
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