BNE News and Press, Blue Horizon BNE ETF From 09/21/22

Summary The California legislature recently passed a series of bills, signed into law by Governor Gavin Newsom on 16 September, that should have meaningful effects on environmental policies and the green energy transition. While this legislative package is meaningful for many indu...

Summary It is not clear what a new market design would look like, but many politicians have called for price caps, albeit in many different forms. The merit order ensures that the cheapest technologies enter the market first but implies that the price is set by the most expensive ...

Summary With inflation at the highest level in decades and volatility continuing to surge, equity investors are questioning their next moves. At the beginning of the year, financial conditions were very loose by any means historically, and we've very rapidly moved from loose finan...

Summary On August 16, 2022, President Biden signed the Inflation Reduction Act (“the Act”) into law. The ramifications of the Act’s duration are substantive. There is still much room to grow if the U.S. wants to decarbonize and spur investments to truly ma...

Summary The world has always relied on the Saudis for decades to calm the oil markets by producing more oil when prices rise, something they are not capable of doing as the truth of their capabilities is now being questioned. We have liquidated our strategic oil reserves, pulled b...

Summary Coal consumption in global power generation decreased during the first half of 2022, compared to the first half 2021. Renewable generation increased by 17% year on year, driven by continued capacity additions. Electric power generation continues to become less carbon i...

Summary Crude oil prices are an excellent measure of consumer engagement and activity worldwide. While crude oil contracts, alternative energy sources may experience a rising price cycle. The collapse in the financial markets broke consumer expectations and spending habits as ...

Summary Russia’s Gazprom stated that it had identified a defect in the last working turbine of the Nord Stream gas pipeline that carries Russian gas under the Baltic Sea to Germany. It’s not just a difficult winter that lies ahead for Europe, but at least two or thre...

Summary Jackson Hole reset expectations to focus more on inflation. The U.S. dollar should stabilize over the medium-term amid hawkishness from other central banks and slowing economic data. At stake is Europe’s ability to refill their storage tanks ahead of winter. ...

Summary We might have had areas that were a bit of a bubble, like in the SPAC space or meme stocks, but that doesn’t mean the whole market is. Metaverse is going to be much more like augmented reality, and we will use it in different ways that we had not considered. It&...