ESTea #21 11/11/21 UK emissions haven’t been offshored
Sarah Olney is not the only person criticising the UK government for ‘offshoring’ emissions from the period 1990 to 2020. Offshoring in this context means that either emissions that used to occur in the UK, now occur in other countries, or that new emissions have been created in other countries that properly should ‘belong’ to the UK.
ESTea #19 14/10/21 Spotlight on: Tikehau Impact Credit
The world of high yield credit has, so far, been relatively impregnable against the crashing waves of ESG investment. Not so from summer of this year, when the team at Tikehau launched their `Tikehau Impact Credit` fund*.
ESTea #18 22/09/21 Spotlight on: Altana Carbon Futures Opportunity and Carbon Credit Hedge Funds
In 2005, as the European Union tried to plot a market-lead but effective path to lower overall emissions, they launched the world’s first major carbon emissions trading scheme .
ESTea #17 15/09/2021 The carbon price of bulls***
There’s only one thing worse than greenwashing – green bull****ing.
ESTea #11 12/07/21 Is ESG investing driving inflation?
It seems that 2021 will be dominated by two key themes: green investing and the fear of runaway inflation. The two themes may be linked, with a two-year surge in investment being partly to blame for the simultaneous increase in both prices and wages.
ESTea #9 28/06/21 Your investment portfolio is a carbon nightmare.
If you’re above 35 and live a developed country, almost certainly the worst thing you did for the environment last year was having money in carbon intensive retirement, ISA and investment funds.
ESTea #7 14/06/21 Cornwall Consensus or Carbis Delay?
This week’s newsletter is a close reading of the output from last week’s G7 meeting in Carbis Bay, Cornwall. These ‘Communiqués’ are traditional, formal but important statements published both by the organiser of an event (‘The G7’) and then republished or reiterated by the individual attendee nations.
ESTea #5 01/06/21 Wherein the author defends some ‘green’ hedge funds that invest in oil companies
It’s a tale as old as time. Monkey see band wagon, monkey get on the band wagon.
ESTea #4 24/05/21 ExxonMobil AGM Pressure
On May 26th (this Wednesday), Exxon’s AGM will bring to a head the last year of activity from proactive, environmentally-minded shareholders.