Tag: industrialpolicy

  • Oil Shocks Make Electrification a Business Imperative

    Oil Shocks Make Electrification a Business Imperative

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    by

    Tom Raftery
    in

    The rise in global energy demand, particularly from renewables, underscores a shift towards clean energy due to geopolitical tensions, notably the conflict in the Middle East. While fossil fuels remain dominant, the increasing affordability of electric vehicles and solar technology highlights a strategic transition. This movement, while not complete, demonstrates the importance of electrification in…

  • War Burned $88.7bn in 17 Days. It Could Have Bought Energy Security

    War Burned $88.7bn in 17 Days. It Could Have Bought Energy Security

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    by

    Tom Raftery
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    The economic implications of modern warfare, particularly regarding fossil fuels, profoundly affect global pricing and security. The ongoing US, Israel, and Iran conflict exemplifies this, costing approximately $88.7 billion in 17 days. Investing in renewable energy alternatives can substantially reduce dependency on volatile fossil markets, offering a more sustainable and resilient future.

  • Why the Strait of Hormuz Proves Renewables Are Strategic

    Why the Strait of Hormuz Proves Renewables Are Strategic

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    Tom Raftery
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    Rising oil prices, driven by geopolitical conflicts, highlight the vulnerabilities of fossil fuel dependence, prompting a shift towards renewable energy. China’s increasing investment in renewables and energy storage is both a strategic response to energy insecurity and a move towards greater self-sufficiency. This transition underscores the economic advantages of renewables, suggesting a more resilient energy…

  • Capital Follows Electrons: How Electrification Is Driving Growth

    Capital Follows Electrons: How Electrification Is Driving Growth

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    Tom Raftery
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    Clean electricity is becoming essential for industrial competitiveness as companies prioritise energy costs and reliability when selecting locations for operations. Regions like South Australia, Iceland, China, India, and Africa show how transitioning to renewables leads to lower costs and increased energy security, reshaping global economic dynamics in favour of electrification.

  • Why Poor ESG Data Is Now a Business Liability

    Why Poor ESG Data Is Now a Business Liability

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    by

    Tom Raftery
    in

    ESG reporting has shifted from a supplementary task to a fundamental aspect of business that influences financial decisions and supply chain management. Scope 3 emissions represent a significant challenge as they reflect complex, indirect impacts. Companies that effectively integrate ESG into their operations enhance credibility and build resilient systems, while those neglecting this face reputational…