Fair. The overbuilding of solar PV and wind will encourage battery deployment, and the equilibrium might still need more solar PV (as the piece discusses).

Yeah, but you have no sunshine here, so.

⠀ ⠀⠀ ⠀ 🤠
　　　　　📈📊📉
　　　　📈 　📊　📉
　　　👇🏽　 📈📉　👇🏽
　　　　　📊　 📊
　　　　　📊　　📊
　　　　　 👢　　👢

Howdy, I'm the Sheriff of Chartcrimes round these parts and I'm here to lock you up.

Interestingly - in a first, the commission continued its probe even after CRRC withdrew, because they worried that it might re-enter the tender "via the backdoor".

Commission says it found a vast range of subsidies "in the order of billions" relating to CRRC Group

Does it make sense to add solar in Europe? Thinking at the margin

What economic value does an additional 1W of solar PV capacity in Europe add *on the margin*?

Surprisingly little. gemenergyanalytics.substack.com/p/does-it-ma...

Europe’s AI endgame? Bet on reliability If the region fails to lead on safe and secure AI, it risks remaining stuck on the wrong side of the tech wall

"The potential pay-off if Europe invests in developing verifiable AI [is large]. ... Europe needs a bold intervention that moves beyond today’s patchwork of national programmes and research efforts." www.ft.com/content/bc29...

There's a global race to secure EV battery gigafactories & reduce reliance on China.

But not all clean-tech projects are created equal. Some generate good jobs & domestic capacities, others produce ecological harm & low value-added enclaves.

New paper & thread 👇
www.tandfonline.com/doi/full/10....

I think there are other ways to carry a transport ticket, but fully agree on those with medical needs, obviously.

I have read enough.

Dare I say when we were young and the bike broke, we pushed it home. Or walked.

The world wants Chinese tech. China is determined to keep it China’s rivals are learning how to get what China won’t share

The world (especially India) wants Chinese tech. China is determined to keep it
economist.com/china/2026/0...

Resolution has applied my model to data up to 2025. As the chart shows, we can be less confident as time goes on. But firm-level evidence from Bloom et al shows a 6% loss. I think it's time to retire the OBR's 4%, which was a simple average of pre-Brexit forecasts.

Aren't call-only "Nokia" phones allowed even in schools that ban smartphones?

As we show in our 2022 study, flights under 500km account for about 28% of flights departing from Europe and 20% of seats, but for *just 6% of fuel burnt!*

Why? Well, it might sound deceptively simple to say it but: because *they're short* doi.org/10.1016/j.jt...

This is pure political theater from the European Commission: Serbia has already pledged to revise the controversial judicial reform to align it with whatever the Venice Commission will find, which could happen in a matter of days.

www.politico.eu/newsletter/b...

Rare sighting of a column chart taking a dip at Hove Beach.

#dataviz

A friend in tech, when asked why tech firms are firing engineers in favor of AI, suffering calamities when AI does something crazy that's not caught by engineers, then rehiring the engineers:

"Managements reason in much the same way AI's do. They don't think, just complete thoughts plausibly."

Why engineer around an issue that bureaucracy created? That seems ... mad?

Ja, stimmt.

No, that is fully justified because bread is one of two culinary things in which we beat the French hands down (the other is beer).

Aber dann geht all die Mühe für ein schönes Englisch flöten...

You meant to say "strictly necessary to ensure a fair, equitable treatment of the parties", surely.

final_Brief an Verkehrsminister Schnieder Sehr geehrter Herr Bundesminister Schnieder, wir schreiben Ihnen als Vertreter der europäischen E-Lkw-Hersteller, Ladepunktbetreiber, Speditionen sowie der E-Lkw-Fahrer:innen. Das Aufladen von E-Lkw i...

German truckers are not allowed to move their truck, even for just 50 meters or so, during their 'main break'.

Which means e-trucks block fast chargers for many hours. docs.google.com/document/d/1...

Somewhere Bismarck is looking down in confusion as Germany projects power by sending 4,000 pensioners, 12 buffet stations and a TUI loyalty program through the Strait of Hormuz

"Bit stabby in the Senate today" - Brutus

UniCredit Says Commerzbank Needs Overhaul as It Steps Up Pursuit UniCredit SpA Chief Executive Officer Andrea Orcel issued a stinging criticism of Commerzbank AG’s current strategy as he intensifies his acquisition push.

"Commerzbank has a 'a story of operating underperformance'. [It] should focus on Germany and Poland and scale back its “oversized” and “inefficient” international operations."

www.bloomberg.com/news/article...

this morning, mamdani’s team got in touch with me to float a new tax proposal: if your net worth exceeds $5 million and you dress badly, you’ll be hit with a 10% annual levy for “visual pollution.” i would be in charge of deciding if the outfits are bad.

So I return from Brussels to London with a renewed sense of possibility - and unfortunately a growing to-do list. But equally - a sense that my work often in effect translating Brussels to London and vice versa might not be in vain.

We are deeply saddened by the passing of Lord Robert Skidelsky, an eminent economic historian & author of the award-winning 3-volume biography of J. M. Keynes.
Our thoughts and prayers are with his family and friends at this very sad time.
#econsky

Maybe it’s an old one but to me it seems like the x-head in our story on Claude Mythos wins the internet this week (gift link)
economist.com/leaders/2026...