The Covid-19 pandemic has accelerated the fundamental changes which were already underway in global markets, as I discuss in a new interview with Will Beacham of I.C.I.S. Companies and investors need to focus on the challenges and opportunities created by 5 major paradigm shifts as we move into the New Normal. These will impact individual […]
Chemicals and the Economy
OPEC move supports US oil production rise, and smart meters
OPEC is living in the past with its recent announcement of new quotas. The simple fact is that the arrival of US shale production means OPEC are no longer the swing producer, able to control the world market. The quotas will have little effect in themselves, as most of the participants will cheat. Instead, they […]
IEA highlights $18tn of gains from energy efficiency
“Energy efficiency is the cheapest way to meet our energy needs” according to the International Energy Agency. It also has much shorter payback periods than increased use of renewables, according to Capella Festa of the IEA when speaking at our conference last week. Even modest efforts would cut fuel bills by 20%, and add $18tn […]
Opportunities for the New Decade
Over the past century, many parts of the world have seen an extraordinary increase in living standards and life expectancy. As the Financial Times notes, we used to marry at c15 years, become grandparents at c30 and die at c45. Yet whilst 15 – 30 – 45 is still the demographic cycle in the poorest […]
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