GRN News and Press, Barclays Bank PLC From 03/22/22

Annual spending levels in low carbon would need to be two times the current projections to meet more ambitious climate objectives by 2030. Overall capital expenditure efficiency for low carbon power technologies to improve by 30% by 2030. There is a significant upside to these num...

Within the metals and mining industry, both the operations and products at each point on the value chain are typically carbon intensive. Alcoa and Rio Tinto have formed a joint venture, ELYSIS, to focus on creating a new process for smelting aluminum that would completely eliminate th...

Global Majors are overhauling their downstream business due to pandemic-induced downturn and impending energy transition. The divestment spree of refineries will continue with the structural fuel demand decline and growing sensitivity towards carbon intensity. Going forward, the r...

Gainers: FTSE China Bear 3X Direxion (NYSEARCA:YANG) +41%. Ultrashort FTSE China 50 ETF (NYSEARCA:FXP) +26%. Direxion Daily Oil Services Bull 2X Sh (NYSEARCA:ONG) +19%. Microsectors Fang+ -3X ETN (NYSEARCA:FNGD) +18%. Ipath Series B Carbon ETN (NYSEARCA:GRN) +17%. Losers: CSI China Internet I...

Global power consumption slumped in the first year of the pandemic then rebounded in the second as the global economy transitioned from recovery to expansion. Slowing economic and electricity demand growth in China, the US, and other large economies will reduce pressure on the demand-...

Buyers (countries, investors, and traders) are panicking as the commodity Wheat gained more than 40% last week. Commodity markets surged to their largest gains in years as Ukrainian ports were closed and sanctions against Russia sent buyers scrambling for replacement supplies. Giv...

With Russia’s invasion of Ukraine into its second week, the economic fallout is gradually coming into focus. In our view, it is highly likely that economic growth will slow in the US and globally, but less so in the U.S. We expect market volatility to remain elevated for an...

Russia-Ukraine conflict could push oil to $180 a barrel. Conflict also having major impact on agricultural commodities. High commodities prices may hamper global growth. For further details see: Oil's Price Surge May Not Be Done, As The Russia-Ukraine Conflict Intensifie...

Since Russia launched its invasion of Ukraine, the price of carbon allowances in the EU has fallen drastically, lowering the cost to emit carbon despite record high fossil fuel prices. Negotiations to strengthen the EU's Emissions Trading System could be delayed but the proposal is un...

Global markets tumble on Russian attack on Ukraine. Russian inflation stokes stagflation fears. Commodities the big winner in Russian attack. For further details see: Markets Sell Off As Russia Attacks Ukraine: What's At Stake For Investors?