Commodities & Shipping

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The economic and environmental impact of gold mining

For centuries now, gold has consistently attracted more investors and higher demand in comparison to the other precious metals. Demand per year outweighs 3,000 billion tonnes, with China and India being top of the list of those demanding more of the ‘yellow metal.’ Gold is widely regarded as a ‘safe haven’ par excellence, given its …

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Economic recovery from COVID19 is neither green nor sustainable

The International Energy Agency (IEA), which I consider to be the global gold standard for energy data, warns that in 2021 global carbon dioxide emissions are set for their second biggest increase in history. This huge spike is second to the massive and carbon-intensive rebound after 2008 financial crisis. Global Energy Report 2021 of IEA …

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