CTEC News and Press, Global X CleanTech ETF From 09/30/22

Summary One of the key points I’ve been discussing for the past two years is that the commodity markets are facing a unique set of policy-driven imbalances. When it comes to shortages across the fossil fuel space, the multi-year low in oil inventories has been only temporar...

Summary On 16 August 2022, President Joe Biden signed into law the IRA. The COVID-19-related global supply chain disruptions, extreme weather events, rising inflation, and the Russia-Ukraine crisis have pushed the cost of capital to record highs. Meanwhile, in China, surging c...

Summary Global refined oil product markets are on track to remain tight until mid-decade, with the global downstream industry facing significant near-, medium- and long-term challenges. S&P Global Commodity Insights forecasts that there are no quick fixes for the forces at pla...

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 ...