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COP26 opened Monday morning and already more than 50 private jets had landed in Glasgow with another 400 expected in the next few days *. Given this COP was advertised as being carbon neutral by the IPCC, we struggle to understand what the message to the wider public is. Rich people lecturing lesser humans and the […]

COP 26 is officially on. We all know what’s at stake: limit global warming to 1.5C above pre-industrial levels by 2100. In May 2021, the IEA published its Net Zero by 2050 report to remind us all that we are walking on a tightrope, yet such an outcome remains within reach. The Glasgow Imperative Paper, […]

The quiet days of a not-too sunny summer (unless you spent it along the Spanish or French Mediterranean coasts) seem long gone. Barring a few noticeable exceptions, summer months are generally quiet with the amplitude of daily market moves fairly benign. This idea is captured by measuring market volatility – or VIX. It is the […]

If you have been following the news for the past couple of weeks, the term “energy crisis” has been hard to miss. Across the world, shortages in energy sources are wielding havoc. In Europe, natural gas prices are on the rise, oil prices are going up, and China is struggling with dwindling coal reserves. And […]

Let’s start with the basics: What is inflation? Inflation is the rate at which prices rise (thus reducing your ability to buy what you’re used to). If the cost of a £1 jar of jam rises by 5p, then jam inflation is 5%1 . It applies to services too, like having your hair cut or […]

On August 9th the IPCC released a landmark study, warning of increasingly extreme heatwaves, droughts and flooding, and a key temperature limit being broken in just over a decade. The report “is a code red for humanity” and a global call to action.  Here are my 4 takeaways from the report: The new report begins […]