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Anarchy in the UK? Young people taking over at Glasgow.
And at Clim8.
Day #6 at COP26 was about Youth and public empowerment. We’re fortunate to have young and talented people in our investment team supporting us in many different aspects of our jobs, and bringing valuable insights to our decision making process. They are the best-placed to express in their own words their fears and hopes. Let’s […]
Energy is dead! Long live Energy!
CO2 = P x S x E x C. A man who became a billionaire selling software threw that linear equation to solve global warming. P = global population, S = services consumed by this population, E = energy required to power those services and C = CO2 content of this energy. Well, to get […]
Have we ever seen a banker wearing a mask and a cape?
Unless reminded with taxpayers money bailouts in the aftermath of the 2007-08 financial crises or regular trading losses due to poor risk management, the finance industry generally likes to be associated with big numbers. And COP 26 offered them one: $130 trn. Indeed, asset owners are reported to have committed to reaching net zero (carbon) […]
Beware of the Optics
At the Opening Ceremony on Monday, PM Johnson declared on stage “it’s one minute to midnight on that doomsday clock and we need to act now”. US President Joe Biden was apparently very eager to act, promoting an initiative that aims at reducing global methane emissions by 30% by 2030. Methane emissions have multiple sources. […]
Glasgow is the new Davos!
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 […]
It’s ready, set, go for COP26. What happened on Day 1?
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, […]