Luc Parrot
@lucparrot.bsky.social
energy & commodities Analyst @ Argus Media
Resources, energy, and their geopolitics.
I have concepts of a career
eurostar citizen
Resources, energy, and their geopolitics.
I have concepts of a career
eurostar citizen
Pinned
Luc Parrot
@lucparrot.bsky.social
· Jan 16
1/9 𝗖𝗠 𝗯𝗶𝘄𝗲𝗲𝗸𝗹𝘆 #1 - Your regular thread rounding up important items in this week’s CM news and a reading recommendation. The news, consequences, and a forecast.
🇪🇺 EU Steel and Metals Action Plan recap!!
I’m probably one of the few people worldwide who had yesterday’s action plan release marked in my calendar.
TLDR: there is some big news, some rehashed news, and not many concrete measures. (1/8)
I’m probably one of the few people worldwide who had yesterday’s action plan release marked in my calendar.
TLDR: there is some big news, some rehashed news, and not many concrete measures. (1/8)
March 20, 2025 at 1:54 PM
🇪🇺 EU Steel and Metals Action Plan recap!!
I’m probably one of the few people worldwide who had yesterday’s action plan release marked in my calendar.
TLDR: there is some big news, some rehashed news, and not many concrete measures. (1/8)
I’m probably one of the few people worldwide who had yesterday’s action plan release marked in my calendar.
TLDR: there is some big news, some rehashed news, and not many concrete measures. (1/8)
from carbon brief: in 2024 China invested $940 bn in clean energy, compared to $1.1 tn global investment in fossil fuels.
These kind of statistics make me hopeful for an energy transition instead of an enenrgy addition (as per Yergin/ Orzag)
These kind of statistics make me hopeful for an energy transition instead of an enenrgy addition (as per Yergin/ Orzag)
February 26, 2025 at 10:39 AM
from carbon brief: in 2024 China invested $940 bn in clean energy, compared to $1.1 tn global investment in fossil fuels.
These kind of statistics make me hopeful for an energy transition instead of an enenrgy addition (as per Yergin/ Orzag)
These kind of statistics make me hopeful for an energy transition instead of an enenrgy addition (as per Yergin/ Orzag)
just to weigh in on tariff-mania: a recent @csis.org estimate is that 25% tariffs on 🇨🇦 will cost ~$11.75 bn to 🇺🇸 importers of critical minerals from 🇨🇦. for eg: 🇨🇦 provides about half of 🇺🇸 nickel, which could shift to cheaper Indonesian nickel. www.csis.org/analysis/can...
Canadian Tariffs Will Undermine U.S. Minerals Security
Canada is the largest mineral supplier to the United States, and tariffs could hinder efforts to reduce reliance on China. The United States depends on Canada for uranium, nickel, and aluminum—key to ...
www.csis.org
February 2, 2025 at 1:31 PM
just to weigh in on tariff-mania: a recent @csis.org estimate is that 25% tariffs on 🇨🇦 will cost ~$11.75 bn to 🇺🇸 importers of critical minerals from 🇨🇦. for eg: 🇨🇦 provides about half of 🇺🇸 nickel, which could shift to cheaper Indonesian nickel. www.csis.org/analysis/can...
𝐂𝐌 𝐛𝐢𝐰𝐞𝐞𝐤𝐥𝐲 #𝟐 - Your regular thread rounding up 3 important items in this week’s CM and geopolitics news and a reading recommendation. The news, consequences, and a forecast.
January 29, 2025 at 10:36 AM
𝐂𝐌 𝐛𝐢𝐰𝐞𝐞𝐤𝐥𝐲 #𝟐 - Your regular thread rounding up 3 important items in this week’s CM and geopolitics news and a reading recommendation. The news, consequences, and a forecast.
Interesting to read CRM aspect of the EU-Mexico agreement. Key points to highlight: no more differentiation between domestic price and export price, no export taxes. Usual language about sustainability. Matters mostly for fluospar, used in steel and aluminium supply chains, which Mexico provides 33%
Learn more about the newly modernised EU-Mexico Agreement:
Q&A: europa.eu/!BTfpgW
General benefits: europa.eu/!PYmQXv
Agriculture: europa.eu/!CYF3Nh
Critical raw materials: europa.eu/!NTMrBR
Sustainability: europa.eu/!RvwwGh
Q&A: europa.eu/!BTfpgW
General benefits: europa.eu/!PYmQXv
Agriculture: europa.eu/!CYF3Nh
Critical raw materials: europa.eu/!NTMrBR
Sustainability: europa.eu/!RvwwGh
January 17, 2025 at 2:26 PM
Interesting to read CRM aspect of the EU-Mexico agreement. Key points to highlight: no more differentiation between domestic price and export price, no export taxes. Usual language about sustainability. Matters mostly for fluospar, used in steel and aluminium supply chains, which Mexico provides 33%
1/9 𝗖𝗠 𝗯𝗶𝘄𝗲𝗲𝗸𝗹𝘆 #1 - Your regular thread rounding up important items in this week’s CM news and a reading recommendation. The news, consequences, and a forecast.
January 16, 2025 at 8:52 PM
1/9 𝗖𝗠 𝗯𝗶𝘄𝗲𝗲𝗸𝗹𝘆 #1 - Your regular thread rounding up important items in this week’s CM news and a reading recommendation. The news, consequences, and a forecast.
big news in Chinese auto industry: "This is the first time that China's annual output of new energy vehicles has exceeded 10 million, setting a new global record for annual output of new energy vehicles"
This alongside the >50% NEV sales from Aug onwards is seismic
www.news.cn/auto/2024120...
This alongside the >50% NEV sales from Aug onwards is seismic
www.news.cn/auto/2024120...
成本高、普及难......如何做好新能源汽车这“桩”事-新华网
成本高、普及难......如何做好新能源汽车这“桩”事-"普通的快充电车，在超充桩也可以充电。"
www.news.cn
December 9, 2024 at 12:07 PM
big news in Chinese auto industry: "This is the first time that China's annual output of new energy vehicles has exceeded 10 million, setting a new global record for annual output of new energy vehicles"
This alongside the >50% NEV sales from Aug onwards is seismic
www.news.cn/auto/2024120...
This alongside the >50% NEV sales from Aug onwards is seismic
www.news.cn/auto/2024120...
Reposted by Luc Parrot
Renewables are 5-10x more sensitive to rates than fossils (it’s all capex no opex).
This is the central argument for climate oriented dual-rates by central banks, incl. ECB green targeted long-term refinancing operations (TLTROs).
‘Market neutrality’ biases in favour of fossil.
This is the central argument for climate oriented dual-rates by central banks, incl. ECB green targeted long-term refinancing operations (TLTROs).
‘Market neutrality’ biases in favour of fossil.
December 5, 2024 at 6:34 PM
Renewables are 5-10x more sensitive to rates than fossils (it’s all capex no opex).
This is the central argument for climate oriented dual-rates by central banks, incl. ECB green targeted long-term refinancing operations (TLTROs).
‘Market neutrality’ biases in favour of fossil.
This is the central argument for climate oriented dual-rates by central banks, incl. ECB green targeted long-term refinancing operations (TLTROs).
‘Market neutrality’ biases in favour of fossil.
Was always going to happen. We are no doubt going to see more and more weaponisation of export controls of critical minerals. One to watch
Gallium & germanium are essential for semiconductors. Germanium is also critical for infrared technology, fiber optic cables, and solar cells.
Antimony is widely used in weaponry.
Graphite is the largest component by volume in electric vehicle batteries.
www.mining.com/china-bans-e...
Antimony is widely used in weaponry.
Graphite is the largest component by volume in electric vehicle batteries.
www.mining.com/china-bans-e...
China bans export of gallium, germanium and antimony to the US - MINING.COM
China accounted for 48% of the world’s mined antimony last year, alongside 59.2% of global refined germanium production and 98.8% of refined gallium output in 2023.
www.mining.com
December 4, 2024 at 4:20 PM
Was always going to happen. We are no doubt going to see more and more weaponisation of export controls of critical minerals. One to watch
does anyone have recommendations to read RE: critical mineral recycling? Don't know much about this topic so would be keen to learn more. How big of a deal is this?
November 28, 2024 at 11:10 AM
does anyone have recommendations to read RE: critical mineral recycling? Don't know much about this topic so would be keen to learn more. How big of a deal is this?
Sharing this Critical Mineral starter pack I've just been added to. Happy to connect with so many critical mineral people on the sunnier side! Feel free to introduce yourselves, my inbox is open
I'm beginning a Critical Minerals starter pack;
it's very limited so far, but please message me if you have recommendations or want to be included.
#CriticalMinerals
go.bsky.app/VWPWrCX
it's very limited so far, but please message me if you have recommendations or want to be included.
#CriticalMinerals
go.bsky.app/VWPWrCX
November 20, 2024 at 8:16 PM
Sharing this Critical Mineral starter pack I've just been added to. Happy to connect with so many critical mineral people on the sunnier side! Feel free to introduce yourselves, my inbox is open
⚠ thread alert ⚠
“China’s emissions have now caused more global warming than the EU”. You may have seen that stat float around today. But is it true? Does it matter? ANALYSIS follows.
1/11
“China’s emissions have now caused more global warming than the EU”. You may have seen that stat float around today. But is it true? Does it matter? ANALYSIS follows.
1/11
November 19, 2024 at 4:06 PM
⚠ thread alert ⚠
“China’s emissions have now caused more global warming than the EU”. You may have seen that stat float around today. But is it true? Does it matter? ANALYSIS follows.
1/11
“China’s emissions have now caused more global warming than the EU”. You may have seen that stat float around today. But is it true? Does it matter? ANALYSIS follows.
1/11
In other news I think it's time to make the jump to Bluesky!
Happy to take suggestions of who to follow on here.
Stay tuned for more ;)
Happy to take suggestions of who to follow on here.
Stay tuned for more ;)
November 6, 2024 at 1:16 PM
In other news I think it's time to make the jump to Bluesky!
Happy to take suggestions of who to follow on here.
Stay tuned for more ;)
Happy to take suggestions of who to follow on here.
Stay tuned for more ;)
Unfortunately I fear 'Trump-proofing' in the critical minerals area is far from advanced. A lot of Europe's current architecture (Sustainable Critical Mineral Alliance, Lobito corridor financed by G7) is inherently tied to US. China also likely to restrict exports in trade war scenarios.
Senior EU officials in Bxl and EU capitals have been talking about Trump proofing for over a year - on trade, fiscal space, the EU pillar within NATO, and Ukraine. Some of those plans are more advanced than others. Let's hope that unity as opposed to fragmentation now prevails 🇪🇺
November 6, 2024 at 1:15 PM
Unfortunately I fear 'Trump-proofing' in the critical minerals area is far from advanced. A lot of Europe's current architecture (Sustainable Critical Mineral Alliance, Lobito corridor financed by G7) is inherently tied to US. China also likely to restrict exports in trade war scenarios.