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North Sea wind pact will require major state support

Location:

EUROPE

It is a pact of North Sea countries aiming to install almost 120 gigawatts of offshore wind capacity by 2030 and at least 300 gigawatts by 2050. The agreement reflects efforts to…

El Nino farming stress will have wide economic impacts

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INTERNATIONAL

This irregular weather phenomenon appears ahead of the southern hemisphere spring growing season, disrupting harvests by creating untypically severe aridity or wetness. No two El…

Canberra will be tough on pricing but not on mergers

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AUSTRALIA

Under pressure on cost-of-living issues, Canberra is reviewing competition laws to see what effect market dominance may be having in a handful of major sectors, including banking…

Cuban discontent will be muted despite economic woes

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CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…

The EU’s grand coalition on climate is in peril

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EU

The vote came against the backdrop of growing opposition from centre-right politicians over the law and green deal more broadly. The NRL passed with significant amendments, which…

Costs for US offshore wind projects are rising

Location:

UNITED STATES

It becomes the second company due to supply wind power to Massachusetts to attempt to end contracts signed with the state’s utilities, arguing that supplying wind-generated…

Electricity shortages create new problems in Ecuador

Location:

ECUADOR

Precautionary measures to prevent the collapse of the electricity system were implemented on October 27 and are expected to continue for several weeks. Rationing has left most of…

GenAI will test major 2024 national elections

Location:

INT

Notable poll-bound countries include the United States, India, Russia, Ukraine, Indonesia, Egypt and South Africa, and possibly the United Kingdom. Textual and audio-visual…

Sudan’s war-hit economy will contract and maladapt

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SUDAN

They highlighted the impact on industry and banking, especially in the capital, Khartoum. The three-month war between the army and the paramilitary Rapid Support Forces (RSF) has…

Carbon offsets face credibility issues globally

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INTERNATIONAL

This system is at the heart of corporate ‘net zero’ pledges. However, offsets are also controversial, with critics claiming that they are not just ineffective, but sometimes even…