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We hoped that China would evolve politically as it did economically. But that hasn't happened. Instead the Chinese Communist Party has tightened it's grip, says Tony Blair @ #NewEconomyForum

President Putin exercises power through non-state actors -- mercenaries, hackers...We need to pay more attention to asymmetric power moves, not just nation states, says Hillary Clinton at #NewEconomyForum

U.S. climate envoy John Kerry says investment banks including Goldman and Morgan Stanley are ready to invest $4.16 trillion in the energy transition over the next decade. "We have to find a way to deploy that money," he says. trib.al/FR09IWa #NewEconomyForum

I dislike the phrase "pivot to Asia". It implies the US left and have come back. No. The US never left the region, says Bilahari Kausikanfrom NUS #NewEconomyForum

Former U.K. Prime Minister Tony Blair on the West's relationship with China at the Bloomberg #NewEconomyForum in Singapore bloom.bg/3kSMxKy

We don't want to align all our interests in 1 direction. The US presence in Asia gives us agency to do that. If there is no balance of great powers, there is no agency, says Bilahari from NUS at #NewEconomyForum

The Chinese are moving to secure their supply chains. The US is moving to secure theirs. But US should bring in friends, allies and partners, not just bring it all back home, says Office of Kevin Rudd, 26th PM of Australia at #NewEconomyForum

Terrific report covering all aspects of the electric vehicle transition. All the charts, facts and figures in one place. Great reference doc. Delegates to the #NewEconomyForum should check it out!

EVs accounted for almost 30% of new car registrations in the UK in November.

The EU carbon price is now pushing €90. It's up almost 50% since the start of November.

Having to pay for fuel now makes power plants less economically competitive. M'colleague Kobad Bhavnagri argues that the same will ultimately happen with hydrogen and "green" H2 made from renewable power will structurally undercut "blue" H2 made from natural gas. bloomberg.com/news/articles/…

The BloombergNEF Energy Transition Investment Trends report is out! Top-line finding is that the world spent $755 billion last year to deploy low-carbon tech, including renewables, storage, EVs, heat pumps and others. about.bnef.com/blog/global-in…

Thread: How the world got to $755 billion in energy transition investment in a single year. BloombergNEF did the math. 1/ bloomberg.com/news/articles/…

Energy transition investment up 27% in 2021 to a record $755 billion. Renewables up 6.5% to $355bn EVs and chargin' infra up 77% to $273bn Summary report & press release here >> about.bnef.com/energy-transit…

Whoa.

I've got a podcast for your commute! Check it out. It's a discussion about net-zero emissions pathways and how to think about and design long-term climate scenarios in BloombergNEF's New Energy Outlook. podcasts.apple.com/gb/podcast/how…

"Business-as-usual has changed: the financial world now understands that it must be at the heart of the transition to net zero." Super piece from m'colleague @CHerweijer weforum.org/agenda/2022/05…

Here's Seb Henbest explaining it once more. x.com/SebHenbest/sta…