All Energy articles – Page 6
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White papers
Rational inattention at the core of central bank strategy
The origins of inflation are not always well understood. While some economists had warned of impending inflation as early as last year, few had anticipated the dramatic shift in spending from services to goods and the effects of such a shift. The fact that inflation expectations remain subdued is likely due to rational inattention. In the absence of monetary tightening, we believe that inflation expectations would inevitably get de-anchored.
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White papers
The Role of Fossil Fuels in the Climate Transition
Despite all the measures announced over the past decades to combat climate change, the recent supply shock from the war in Ukraine is a timely reminder to what extent we are still dependent on fossil fuels. While energy efficiency, renewables, fuel switching and carbon capture embody the solutions on the path to decarbonisation, the supply and management of fossil fuels such as oil, gas and nuclear will be key to ensure an orderly energy transition.
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White papers
Valuations and guidance appear foreboding for U.S. equities
The month-long rally in U.S. equity markets hit stiff resistance in mid-August. Surprising resilience in economic data, including consumer spending, employment and July’s cooler-than-expected Consumer Price Index report, helped propel broad-based indexes like the S&P 500 and the tech-heavy Nasdaq out of their bear market lows of June and in to bull market territory.
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White papers
Despite headwinds, ESG continues to perform
Our latest research shows that despite headwinds, ESG continues to be a strong driver of shareholder returns.
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Video
The Energy Transition
Clive Burstow, Head of Global Resources, discusses why resources companies are part of the solution, rather than the problem, in the transition to a cleaner world.
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White papers
ESG investing: Lasting lessons from Russia’s war on Ukraine
Russia’s invasion of Ukraine has led to ESG receiving widespread flak. While much of the criticism is unjustified, the episode underlines how many issues related to ESG are complex and involve trade-offs. Investment approaches may need fine tuning, especially if the geopolitical landscape continues to change so rapidly.
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White papers
Why green hydrogen can play a crucial role in the energy transition
Soaring gas prices and a renewed focus on energy security following Russia’s invasion of Ukraine have highlighted growing interest in hydrogen as an energy source. What’s more, green hydrogen – made from renewable energy - could be key to reaching net zero targets, while also bringing potential new opportunities for investors.
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White papers
Climate Transition: A World of Compromises (Part II)
Raise your eyes on the horizon—beyond the immediate central bank challenges, the lingering impact of COVID, and the humanitarian crisis in Ukraine—to consider three key climate-related issues that investors will wish they had known about 10 years from now.
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Blog
A Sobering Outlook for the UK Economy, but the BoE Is Back on Track
The UK’s strong post-pandemic recovery, thanks to positive policy support measures, had been its saving grace. But a succession of negative shocks – Brexit, the pandemic and rising energy prices – is creating huge uncertainty to the outlook.
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White papers
What the Ukraine crisis means for markets – and the fight against climate change
As the Ukraine crisis continues, we examine the potential implications for the global economy, the transition to net zero and what it all means for investors.
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White papers
Why geopolitics must not derail the energy transition - or investors’ resolve
Energy security, the robustness of global supply chains and climate change have become inextricably linked in recent years. Geopolitical and environmental tensions have contributed to the need for companies to focus on shortened supply chains and reduced carbon footprints, and for governments to incorporate sustainability into fiscal investment and policy frameworks.
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White papers
July 26-27 FOMC Review: Maintaining a Hawkish Course
The Federal Reserve hiked the fed funds rate by 75bp to 2.25-2.50%, the second consecutive 75bp rate hike. The Fed rate decision was widely expected. With today’s rate hike, the fed funds rate is within the 2 to 3% range of estimates of the long-term “neutral” rate. However, as Chair Powell reminded us during his press conference, policy needs to go beyond neutral into restrictive territory this year in order to reduce inflation.
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White papers
Why Everyone’s Talking About… The Energy Transition
Since Russia’s invasion of Ukraine earlier this year, many countries – but especially those across Europe – have received a wake-up call when it comes to energy supplies. The shift from fossil-fuels to renewables remains the long-term goal. But how feasible are timescales, given the need for immediate energy security?
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Video
Why energy storage is the focus for the next decade
Climate technology innovation panel, UBS APAC Sustainable Finance Conference 2022
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Blog
Voilà! Is the ECB Capable of Going Big?
The European Central Bank (ECB) surprised investors with an outsized 50 bp rate hike today, taking its policy rate out of negative territory in one fell swoop. But the ECB’s Governing Council underwhelmed with its vague announcement of a new tool, known as the transmission protection instrument (TPI). This tool is meant to ensure the even transmission of monetary policy across the euro area.
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White papers
Energy Fuels European Inflation & Rate Fears
U.S. labor demand remains strong but has likely passed the peak imbalance with supply, while the Fed has reaffirmed its prioritization of inflation over growth. Elsewhere, talks of greater hikes by the ECB followed inflation surprises in Europe. All eyes are on U.S. CPI next week.
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White papers
The U.S. Federal Reserve is about to Raise Rates: Keep Calm
With widespread inflation persisting in many western economies, the United States, United Kingdom and to a lesser degree, the Eurozone are moving up the curve of hawkish monetary policy. Emerging from the pandemic-induced lockdowns, the initial burst of inflation was largely driven by so-called base effects as prices were being compared to artificially low prices in 2020 due to the dramatic disruption of aggregate demand.
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Video
Time to scale up?
Institutional Investor fireside chat series with Mark Saunders on energy storage
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Video
Current and Future Opportunities Within the Space Economy
The range of current and potential future opportunities presented by the space economy is considerable. In this video, Senior Portfolio Manager, Michael Barr looks at a range of these, highlighting some recent breakthroughs as well as potential future developments.
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White papers
Are Biofuels Really the Choice Fuel for the Future?
The most beneficial biofuels for carbon intensity reduction are biodiesels produced by wastes, such as used cooking oils and other fats, which are truly being recycled into energy. However, supply of these feedstocks is largely limited by the amount of food consumption.