Afternoon PJM: Mr Jones, Napoleon, and Snowball

By Paul Sankey Published on July 23, 2025 at 3:11 PM

What with busy results season in mid-summer, ie now, we are suspending Happy Hour for the next two weeks. It is just a little tough on the speaker to compete with results and summer, not fair to offer a graveyard slot. We also encourage you to get out and get tan once you get through results, not hunch over another Zoom call. So, summer recess on Happy Hour. For non-US readers, just to mention that …

DNC vs IRA – Political Jokes Aside

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 …