All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Editor’s Picks / 21 April 2016 at 11:38 GMT

    US can reach emissions goals without Supreme Court, Mr Bloomberg says

    Bloomberg
    As world leaders gather on Friday in New York to sign the Paris agreement on climate change, some are worried that the US Supreme Court has put on hold the Obama administration’s Clean Power Plan, a roadmap for greenhouse emissions cuts. But the federal government is not the primary force in the US fight against climate change, and the US will meet and probably exceed its commitment to reduce emissions by 26-28% by 2025 even if the court strikes down parts of the plan, said US businessman and former mayor of New York, Michael Bloomberg, in a column for Bloomberg Views. "It was a modest goal," Bloomberg said, adding that by 2015 the US had already cut emissions by 11% from 2005 levels. "Many of us believed that President Obama should have set a more ambitious target. Even now, with the Clean Power Plan on hold, a more ambitious goal is achievable," said Bloomberg, who is the UN secretary-general’s special envoy for cities and climate change.
    Read article on Bloomberg
    Go to post
  • Article / 14 April 2016 at 16:34 GMT

    Norway excludes 52 coal companies from giant oil fund

    Consulting editor / TradingFloor
    Norway
    Norway excludes 52 coal companies from giant oil fund
    Norway's $863 billion sovereign wealth fund, the world's biggest, has excluded 52 coal-mining companies and coal-fired power producers from its investment portfolio under new criteria that spotlight coal as an environmental and climate problem. The divestments are of shares in companies in the US, China, India, Japan, the UK and eight other countries.
    Read the article
    2y
    seas seas
    As if sucking the blood from the earth is not a problem.
  • Editor’s Picks / 21 March 2016 at 12:51 GMT

    US resettles its first climate refugees

    US authorities' efforts to resettle a few dozen households from an island in Louisiana highlight the challenges governments face in coping with climate refugees, even domestically. "As the number of Americans at risk from climate change increases, so will the need for a consistent and transparent standard for deciding which towns get protected, which get moved, and which are left to fend for themselves," said Christopher Flavelle in a column for Bloomberg View. Creating that standard will require the attention of Congress and, ultimately, voters, Flavelle says. The Biloxi-Chitimacha-Choctaw tribal town of Isle de Jean Charles, Louisiana, is sinking into the Gulf of Mexico, and the US federal government is giving the state $48 million to resettle the people in a way that could serve as a model for other towns. Global warming presents governments with two main problems: to slow the pace of climate change and to move people out of harm's way. "The second part is harder," Flavelle said.
    Read article on
    Go to post
  • 2y
    SierraPt. SierraPt.
    Steve, how you suggest to put a stop for such a case when this is not a single instrument, but a combination of 2? thanks!
    2y
    Stephen Pope Stephen Pope
    To create the short in the PGR I sell platinum and buy gold.

    I then create a spreadsheet with the live price of Platinum divided by Gold to...
  • Editor’s Picks / 07 December 2015 at 0:14 GMT

    Paris talks look like recipe for successful climate deal

    The Guardian Australia
    Negotiators in Paris have cleared a major hurdle, producing a draft accord in record time and raising hopes that minister-led talks can now clinch a deal. No part of the deal has been finalised. It is likely to be a tradeoff and it remains littered with areas of disagreement. But the document handed to the French on Saturday has refined 50 pages to just over 20 and, unusually, was agreed on schedule, leaving a full week for ministers to reach agreement. China’s chief climate negotiator, Su Wei, said: “It has laid a solid foundation for next week … like when we cook a meal you need to have all the seasonings and ingredients and recipes, but next week is the actual cooking.”
    Read article on The Guardian Australia
    Go to post
  • Trade view / 02 July 2015 at 4:27 GMT
    Strategic trade

    Jinkosolar radiates as A-Shares feel the freeze

    China Watcher / Shanghai
    China
    Jinkosolar is the strongest firm in the Chinese solar energy industry, and the recent decline in the industry gives investors an opportunity to profit ahead of its second quarter earnings in August, which look set to be strong as the government relieves the bottleneck of solar projects from the first quarter.
    Read the Trade View