Whuuuut? An amazing accomplishment! Congrats!

Exclusive: Vingroup proposes scrapping LNG-powered plant plan for renewables amid Iran war, document shows Vingroup has told Vietnam's government it wants to ditch ​a plan to build the country's largest LNG-fired power plant and embark on a renewable energy project instead, as ‌the Iran war has boosted the...

Proposed LNG power plant in Vietnam gets scrapped, as a result of the war on Iran. Will be replaced with a a renewable energy and battery storage project

I guess policymakers & pundits touting LNG in Canada aren't reading international news....

www.reuters.com/sustainabili...

The game of chicken in the strait of Hormuz will not end well.

Industry Minister rejects Stellantis plan to build Chinese EVs at idled Brampton plant Mélanie Joly says production at plant must be supported by Ontario and Unifor union

Textbook example of why Canada desperately needs to work on a) where in the EV supply chain it can best add value & b) policies to actually attract investment.

Pointless to say "no deal" without any kind of counterproposal.

Doug Ford says his vision for Toronto’s waterfront, Billy Bishop Airport will expand economy Critics say he is overriding Mayor Olivia Chow to impose his ideas on the city without consultation

The longer Doug Ford goes around pitching his latest greatest idea to expand Billy Bishop airport without any real plan or actual numbers, the more time for Toronto policymakers and voters will have to mobilize and oppose.

I think this is a fight that Toronto can win.

Thank you!!! 🙏

if you read one thing today ..... read Jessica Green author of existential politics - pointing out the elephant in the room on #climate policy

Shout out to my beach peeps!

whoa.

The Rundown | TVO Today Hosted by Jeyan Jeganathan, The Rundown delivers original journalism and in-depth analysis of the social, political, cultural, and economic issues that shape life in Ontario.

I spend much of the summer on the #Toronto Islands. It's an urban oasis, a true gem & a site of real community. So it was a privilege to discuss how Ford's proposal to expand Billy Bishop airport will threaten this amazing place. Tune in to @therundowntvo.bsky.social tonight to hear me explain why.

I mean, you're not wrong. But the fight between these opposing interests is intensifying for sure.

Here in Canada, fossil assets owners making the argument that they can provide stability and big returns in the short term. Blerg.

LOL

Great thread, but maybe indicates an inexorability to energy transition. It overlooks:
a) OECD countries still pumping billions into FF subsidies, distorting the competition.
b) Tech diffusion means that fossil asset owners will dig in their heels EVEN HARDER claiming they can provide stability.

Canada must seize opportunity to ramp up LNG exports to Asia, TC Energy CEO says François Poirier says Canada can offer a ‘reliable alternative’ amid war in the Middle East and U.S. trade tensions

🤦

Iran War Is Pushing Consumers to Break Up With Fossil Fuels EVs, solar panels, induction stoves and heat pumps, now cheaper than ever, are becoming more attractive as the conflict upends oil and gas markets.

Industrial policy nerds: what conditions make this panicked switching behaviour more permanent?

Oil price spikes lead those that can to switch to clean tech. But how long does this have to last to meaningfully influence firms' L-T planning / cap investments in producing more green tech?

Anyone?

Of course

Brussels plans carbon price brake as Iran war squeezes industry Reforms to EU emissions trading system come after pressure from some member states such as Austria and Italy

Even the oldest and largest emissions trading scheme is unable to withstand the political pressures of energy price volatility caused by Iran war. We will likely see others follow suit.

Does not bode well for this problematic policy.

This is THE question imho. Obvi we need federal leadership, but in its absence (ahem Canada), subnational efforts can provide models to emulate.

The war will not magically end political coalitions supporting oil and gas, but we know quite a bit about how it might help further push us in the right direction. #askapoliticalscientist /FIN

5/ The size of the “decarbonizable industries” can help – ag, metals, car manufacturers, some utilities can be “flipped” to be green asset owners with gov’t incentives. This helps splinter previously larger fossil coalitions & build momentum for further decarb

The Institutional Sources of Economic Transformation: Explaining Variation in Energy Transitions | The Journal of Politics: Vol 88, No 2 Why are some governments more effective in promoting economic change than others? We develop a theory of the institutional sources of economic transformation. Institutions can facilitate transformatio...

4/ In democratic countries, corporatist arrangements do better because gov’ts work with industry to create politically palatable bargains to facilitate the energy transition.

Green Growth Models AbstractClimate policymaking presents a stern test for state capacity, as successful emissions reductions require transformations of virtually every sector

3/ Export-led economies generally do better than service-oriented economies at creating political coalitions in support of green investments. @jonasnahm.com work helpful on this.

Existential Politics A new way to tackle the real politics of climate change through asset revaluation

2/ Green industrial policy can help win over industry opponents and if/when it produces jobs, consumer subsidies and/or growth, the public too. Dolla dolla bills y’all.

See chap 7 of my new book on this.

China battery trio gain $70bn as Iran war sparks ‘paradigm shift’ Share price rises for clean energy companies outstrip oil majors as investors bet on switch to renewables

Lots of speculation rn (such as this FT article) on what war in the Middle East means for the future of oil.

What do we know about the conditions under which we reach tipping points in clean energy adoption?

Political science can tell us a lot! 🧵

Oh and BTW, we don't even NEED to do this dumb shit anyway.

2/ Best guess? Unilateral US mining will either:
Start a free for all in the deep seabed
Push states to finalize mining regs thru ISA.

Best case scenario? It *could* generate anti-US backlash & states support for a moratorium (this happened in Antarctica!), but I wouldn’t bet on it. FIN

Countries are negotiating rules to mine the deep sea. The U.S. is pushing ahead alone With growing interest in mining critical metals from the seafloor, countries are now negotiating international rules. The Trump administration is forging ahead on its own, speeding up environmental re...

1/ Latest negotiations failed to make progress on a mining code. This is a win for NGOs & others supporting a moratorium.

BUT…

The longer the delay on multilateral rules, the more time the US has to pursue unilateral mining. Permitting is moving quickly & mining will follow shortly thereafter.

In case you haven’t been following at home, the multilateral rules governing deep sea mining are in a VERY precarious place. Either plausible outcome seems…not good. Mini 🧵

Company that wants to mine ocean floor says it may have 'overstated' its growth potential British Columbia Securities Commission asked a Vancouver company to take down promotional materials and review others for balance. Read on

LOL.

The word "if" doing a lot of heavy lifting here...