By Paul Sankey
Published on August 25, 2024 at 3:00 PM
Hello, The last week of Summer 2024 is upon us. Welcome to the first week of 2024/5! Source: Bloomberg, Sankey Research Good luck to you & yours, may it be a great year. ~ Briefly noted: still no Prime Minister appointed in France, which is causing a continuing political crisis there. And next thing you know the founder of Telegram is arrested this weekend at Le Bourget, Paris’s private airport. Telegram, and that story, are …
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By Paul Sankey
Published on August 20, 2024 at 11:49 AM
With the Democratic National Committee in full swing, CNBC today highlights a study by The Rhodium Group/MIT on the impact of the irritatingly-named Inflation Reduction Act (IRA). It deserves a way more accurate name, but IRA it is. This is the Clean Energy Subsidy Act, inflation reduction it surely is not. However, it is having a massive impact. All quotes are directly from Clean Investment Monitor: Tallying the Two-Year Impact of the Inflation Reduction Act …
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By Paul Sankey
Published on June 16, 2024 at 12:15 PM
Greetings, We sent you long-ish notes on Gas station stock CASY, and on Donald Trump vs Iran over the past couple of days, so this is brief. Rather bereft about oil markets, we take a look at summer power. A summary of this note by AI in 30 words: AI’s energy consumption contrasts sharply with its practical benefits, while NVDA stock keeps rising. Meanwhile, the electricity outlook shows potential summer power shortages. First Solar remains …
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