Boats, sulfur and global warming
COP 28 will open on November 30 and the climate change issue will quickly return to the headlines.Among the themes, that of the peak consumption of fossil fuels and that of the planned end of these…
Philippe Waechter's blog
Energy Transition
Can the energy transition be limited to the construction of renewable energies, mainly solar panels, at low prices? This is something that is often heard or read.This optimistic view would signal that…
The $100 oil price?
The price of oil, at 92 dollars yesterday, is increasing and could quickly approach 100 dollars per barrel which is the average price observed over the whole of 2022. What is the dynamic behind…
Macroeconomic Turbulence #1 June 2023
Energy Transition and Industrial PolicyIndustrial policy is once again at the center of economic policy debates. This reflects both the consequences of the pandemic and the lack of room for…
Should central banks adapt to a changing economy?
Should we change the inflation target? If inflation is permanently higher and for an extended period, central banks will quickly feel cramped with a 2% target. The economy changes radically…