Assistant Professor, Economics, Grenoble École de Management (GEM)
Student, Johns Hopkins School of Advanced International Studies
Research Fellow, Exeter University; Professor in Practice, Lancaster University
Director-General, Blockchain & Climate Institute
Production
Oil refiners slash output as fuel demand plunges
The bottom has fallen out of fuel demand as airlines around the world ground flights and millions of people are put into quarantine amidst the coronavirus pandemic. As a result, oil majors are shuttering refinery units amidst speculation that April could see the largest oil supply overhang in history and concerns that crude prices could […]
Transmission
Australian grid struggles with renewables boom: report
Australia’s independent Energy Security Board (ESB) has reported a “remarkable growth” in renewable energy, driven by cheaper equipment and government support with rooftop panels accounting for 5 per cent of production. The report said since 2005 total emissions across the national electricity market fell by 15 per cent with pollution expected to drop by a […]
Storage
European Commission launches hydrogen initiative
The European Commission has unveiled plans for an industrial strategy based on hydrogen production that include a “Clean Hydrogen Alliance” across the bloc. “The alliance will build on existing work to identify technology needs, investment opportunities and regulatory barriers and enablers,” the European Union’s executive branch stated. The initiative aims to promote the homegrown production […]
Consumption
Saudi Aramco shares tumble amid price war
Saudi Aramco shares have fallen below their initial public offering (IPO) level amid the crude oil price war and the spread of the coronavirus. Shares in the state-run giant fell by 9.4 per cent in Saudi Arabia before a slight recovery. On Sunday, the Saudi authorities made the deepest cuts since the 1991 Gulf War […]
Policy
What can we learn from the Great Depression about oil’s future?
In 1929, U.S. stock markets crashed, scything personal fortunes and birthing the most devastating global economic depression since the 1870s-1880s. The Great Depression hit oil demand hard. Oil prices collapsed along with the share prices of oil company stocks. It remains the only historical period of comparable oil-demand decimation to what the industry is experiencing […]
Environment
COVID-19’s forced de-globalization will rewire and decarbonize energy
Climate change may be the most intractable psychological-sociological challenge that humanity has ever encountered. It has been occurring for decades if not centuries, yet we do not view the threat as imminent, and are thus failing to address it. This is the “climate kaleidoscope” that David Wallace-Wells describes in The Uninhabitable Earth: “we can be […]
Industry
Carbon export tax would stamp out coal use: paper
UK coal use is under increasing scrutiny despite claims that the country went a fortnight last year without generating any electricity from coal. According to the government, coal made up 2 per cent of UK-generated power in 2019. By contrast, the figure was 15 per cent in the Netherlands and 38 per cent in Germany. […]
Opinion
What can we learn from the Great Depression about oil’s future?
In 1929, U.S. stock markets crashed, scything personal fortunes and birthing the most devastating global economic depression since the 1870s-1880s. The Great Depression hit oil demand hard. Oil prices collapsed along with the share prices of oil company stocks. It remains the only historical period of comparable oil-demand decimation to what the industry is experiencing […]
COVID-19’s forced de-globalization will rewire and decarbonize energy
Climate change may be the most intractable psychological-sociological challenge that humanity has ever encountered. It has been occurring for decades if not centuries, yet we do not view the threat as imminent, and are thus failing to address it. This is the “climate kaleidoscope” that David Wallace-Wells describes in The Uninhabitable Earth: “we can be […]