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Imagining going to war is hard enough. Imagining going to war thousands of feet up, freezing cold, hanging in that perspex bubble, exposed to the most obvious line of enemy attack. Perhaps 20,000 tail gunners were killed serving in Bomber Command in WWII. twitter.com/steveaprocter/…

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@michaelxpettis Looking forward to an afternoon of China-reading. Starting with you 🙂

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RT @friend_matt: Fascinating piece from @adam_tooze #51: Explaining the energy dilemma of 2021- the 2014 shock and the global energy busine…

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RT @adamvaughan_uk: Antigua and Barbuda on behalf of @AOSISChair at #COP26 "If a tree falls in a forest does it make a sound?" Says UN re…

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Wie kann es sein, dass VW nicht bereit ist, bis 2040 sich auf null-Emissionen festzulegen? Daimler sind dabei. Ebenfalls GM und Ford. twitter.com/adamvaughan_uk…

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With VW not on the list of car companies signed up to the zero emissions pledge by 2040 and GM and Ford on board, this is a space where US pressure might really help. @toddntucker twitter.com/adamvaughan_uk…

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NO this is not 2020. The corona situation in Germany is looking increasingly dangerous! twitter.com/janoschdahmen/…

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Why was Jean Fourastié’s Trente Glorieuses never translated? I was looking to use his brilliant comparison of two French villages for teaching purposes the other day. I know there is a text on postwar Europe in which that passage is translated. Does anyone know which …? twitter.com/LaurenceScialo…

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Crucial, as always, to read @michaelxpettis on China’s economic development and the policy debate around China. twitter.com/michaelxpettis…

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RT @VMRConstancio: Great and well documented explainer by @adam_tooze of the spike of oil and natural gas prices. adamtooze.substack.com/p/chartbook-51… H…

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Cool @LRB cover! twitter.com/LRB/status/145…

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Rather than climate policy driving energy demand/supply ->prices. In Chartbook #51 I argue, I think more plausibly, that the energy price collapse of 2014, crucially in gas, has defined the entire post-Paris climate policy frame. That is what blew up 2021. adamtooze.substack.com/p/chartbook-51… https://t.co/YxraxrFCe0

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RT @LizAnnSonders: Strength in petroleum complex provided a stark contrast to natural gas (S&P GSCI NG followed European prices lower, -8%…

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@leslieehrlich @cedric_durand Cheers. How come? Energy system investment plateaus. Upstream oil and gas plunges? Makes sense, non?

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RT @jbf1755: Removing / banning “The Handmaid’s Tale” from the library is—as the kids say—meta. twitter.com/donmoyn/status…

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RT @gordonschuecker: Great balanced article on global energy markets: "Green" policy played close to no role in current energy market devel…

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@gordonschuecker I do have a nod to that argument in a “footnote”. But if OPEC’s capacity is not as big as suggested do we seriously believe that has anything to do with climate. Doesn’t make sense as far as Saudi is concerned. They are going to be there at the end ….

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@MarcoGiuli Plus low prices after 2014 appeared to vindicate Europe’s globally orientated gas market strategy, which seemed cheap, secure and better than coal. It is that which has blown up in 2021 as China took larger slice of market creating false appearance that climate policy is problem.

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RT @Sallan_Found: A great & global energy crisis clarifier. Explaining the energy dilemma of 2021- the 2014 shock and the global energy b…

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RT @fpinterrupted: Afghanistan's economy is in ruins, and many are suffering from a lack of food and basic necessities. @ericagaston weighs…

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To understand dynamics in global energy markets in 2021 Chartbook #51 argues that we need to go back, not to Paris accords of 2015 and growing climate ambition, but to the energy price shock of 2014 which has framed the period since. adamtooze.substack.com/p/chartbook-51… https://t.co/kzAhEIK2no

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@Aidan_Regan @cedric_durand I think there are so many interesting loops here. In chartbook #51 Im just focusing on the "net zero -> low investment -> supply constraint -> price spike" story. I dipped into Gilet Jaunes back in Chartbook #27 and yeah I guess Im skeptical about that too adamtooze.substack.com/p/chartbook-ne…

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What kind of energy crisis is the “crisis” of 2021? Continuing the debate with @cedric_durand @leninology @meadway and others with a somewhat deeper dive into the energy industry’s development since the great shock of 2014. Check out Chartbook #51 adamtooze.substack.com/p/chartbook-51… https://t.co/UG243e4d6m

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Chartbook #51 just dropped: Explaining the energy dilemma of 2021- the 2014 shock and the global energy business. Also an answer to @cedric_durand adamtooze.substack.com/p/chartbook-51… https://t.co/koxAEEtG9h

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@alex_callinicos @cedric_durand @HelenHet20 @NewLeftReview @FT @leninology @GavJacobson Used the term “planning” in this new Statesman Essay. newstatesman.com/long-reads/202…

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RT @w_d_james: Just stumbled across this fascinating article by @DEHEdgerton on how post-war historians created and perpetuated the myth of…

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@alex_callinicos @cedric_durand @HelenHet20 @NewLeftReview @FT @leninology @GavJacobson EU will wrestle with some more-or-less uniform model. Will depend on how hard Berlin pushes. Dead as a global policy. Non-starter in the US at any point. The dramatic action is the US-EU steel-aluminium deal that side-stepped CBAM dispute and pivoted v. Chn/Rus/Ukraine.

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@alex_callinicos @cedric_durand @HelenHet20 @NewLeftReview @FT So it means we have to do far more work because the @FT reporting just carries too much slant. This issue of “source criticism” has been lurking behind my exchange with @leninology as well h/t @GavJacobson

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@cedric_durand @alex_callinicos @HelenHet20 @NewLeftReview Ahh. This is interesting. Part of our difference derives from the fact that on this issue I NO LONGER TRUST the @FT I know this is kinda shattering 😉 But my sense is their reporting has been frequently imprecise and slanted towards the “dilemma” point of view.

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@alex_callinicos @HelenHet20 @cedric_durand Thanks both. I agree entirely with your chronology Helen, but in that case the framing of an "energy dilemma" on the basis of the evidence of the 2021 events as proposed by @cedric_durand in @NewLeftReview does NOT stand up and we should stop repeating it. It is far too early.

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@alex_callinicos @cedric_durand Hi Alex Hi Cedric Help me here. I just dont see evidence that climate promises have contributed in any significant way to contraction in fossil fuel investment and thus to capacity shortages in 2021. More importantly, nor do the experts of the IEA. iea.org/commentaries/w… https://t.co/YaZ2PBjjbB

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One of weird things in 2021 is that, while housing has boomed, the most crucial commodity for housing — lumber — has actually been crashing. A big part of the plunge can be attributed to a shortage of truss plates. @TheStalwart investigates. bloomberg.com/news/articles/… https://t.co/p6aaVBPOrx

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RT @ErikFossing: Unsurprising, as you say. Yet, why do the interviewers not test his knowledge and understanding? Eg: under the rules, all…

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RT @alxrdk: I mistakenly deleted today's visualization about what's at stake at #COP26 So here is it again (+slightly clarified). https://…

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RT @maxkrahe: Great thread by @jeuasommenulle on banking and green finance. Top-notch myth-busting 👌👌👌

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Reminds me of an exchange I once witnessed between Tim Geithner and Ben Bernanke …. 😉 twitter.com/TBartscherer/s…

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