“China is now making more money from exporting green technology than America makes from exporting fossil fuels. This trend will continue simply because renewables are cheap.”

Gift link: China’s clean-energy revolution will reshape markets and politics
www.economist.com/leaders/2025...

In other words, the whole legal and political hassle of taking the money from Euroclear (via an EU bond), and handing the money to Ukraine could be avoided by just issuing an EU bond, handing *that* money to Ukraine, and servicing it from the returns on Euroclear's assets.

European Scientific Advisory Board on Climate Change in June warned the EU shoulnd't use these credits.

And as I wrote this morning, peer reviewed research found that 90 percent of carbon credit projects have not reduced emissions.

euobserver.com/green-econom...

On carbon credits, will be allowed from 2036, but "we will start a pilot programme from 2031 onwards. We still have a lot of work to do on fixing the rules."

EU official on UN climate summit in Belèm: "We expect the US not to interfere."

“We would not like to see a repeat of what happened in London at the International Maritime Organization, where the US worked to block adoption," the official also said.

slim.

Not sure what’s going on with Gates but the letter reads like it was written by a malignant AI.

It literally warns about the threat of a “socially fair economy.”