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ECONOMIST 11.2022! Energiapoliitika idealiseerimisajastu lõppeb ressursinappuse ja roheinflatsiooniga. & PM finland

POLITICIANS, CONSUMERS and companies are on a journey of discovery about climate change and the energy business. The first stage, in the early 2010s, was characterised by indifference. The second phase, in the past few years, has involved setting idealistic emissions-cutting targets far in the future that cost little today. In 2022 the third stage of the journey will get under way, amid dangerously volatile energy prices, fears of greenflation and rising geopolitical risks. It will require realism about the task ahead.

In 2021 the world was awash in easy promises. Some 70 countries, accounting for two-thirds of global carbon emissions, had net-zero targets, to be met by mid-century. A majority of people in the rich world, including America, expressed concern about climate change. Companies were making ambitious carbon-neutral pledges, too—especially those that didn’t emit much in the first place. A boom in green-tech venture capital suggested that funds were being reallocated at scale. And sustainable investing became one of the biggest trends in finance since subprime debt. https://www.economist.com/the-world-ahead/2021/11/08/energy-investment-needs-to-increase-so-bills-and-taxes-must-rise

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PM finland 12.2022

PM Finland, Marin advocated boosting Europe’s defence capabilities, including arms production.

“I must be brutally honest with you, Europe isn’t strong enough right now. We would be in trouble without the United States,” Marin told. There is not a lot of money for the green turn left. Energy must be defenceble, North stream shows. The war changed plans. https://www.reuters.com/world/ukraine-war-shows-europe-too-reliant-us-finland-pm-says-2022-12-02/