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Title : The Political, Energy, And Market Page, T+168 -- July 7, 2017
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The Political, Energy, And Market Page, T+168 -- July 7, 2017

Poorly thought out: Volvo, all EVs and hybrids by 2019; Elon Musk batteries to "save" Australia; France to ban gasoline engines by 2040. My two-cents worth: none of this appears to have really been thought out. The only way one gets from "a" to "b" appear to accomplish all this:

• lots of other people's money
• more coal plants (but not "in my backyard")

Now, today, how coincident: Reuters suggests the same thing -- it appears the world is getting ahead of its headlights and not really thinking things through. From Reuters: EU countries lack investment strategy in shift to low-carbon economy.

Most European Union countries lack a clear strategy for redirecting public and private funds towards more sustainable investments as they shift to a low-carbon economy, the European Environment Agency (EEA) said Thursday.

"Only a few European countries have turned their climate and energy objectives into concrete investment needs and plans to date," it said as it released a new study.

It noted that only Belgium, the Czech Republic, Estonia, France, and to some extent, Germany have a national strategy in place to track spending related to climate mitigation and adaption.

The EU estimates it should have investments of around 177 billion euros ($200 billion) per year from 2021-2030 to meet climate and energy targets, which will require a doubling of current investments in renewable energy and energy efficiency.

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