Do you really anticipate CBAM has a longevity in terms of widespread application across supply chains? If we anticipate that China's grid inputs become cleaner before the USs, then they would effectively be shooting themselves in the foot to an extent, no?
How does it stack up for grid inputs in areas of specialised manufacturing? Hypothetically, if you're putting downstream critical mineral chemical production next to Sichuan hydropower could you not be achieving significant advantages under CBAM relative to EU/US peers.
Not sure if this argument is a) valid or b) the way to look at it.
This is my favourite read each week.
How far from commercialisation is Moltex and the Copenhagen Atomics technology?
long way yet so not really anything someone should hang a hat on yet
Thanks, Alex.
Do you really anticipate CBAM has a longevity in terms of widespread application across supply chains? If we anticipate that China's grid inputs become cleaner before the USs, then they would effectively be shooting themselves in the foot to an extent, no?
China is still way behind Europe and the US on grid emissions intensity. If they catch up thats great but I do not see that as likely.
How does it stack up for grid inputs in areas of specialised manufacturing? Hypothetically, if you're putting downstream critical mineral chemical production next to Sichuan hydropower could you not be achieving significant advantages under CBAM relative to EU/US peers.
Not sure if this argument is a) valid or b) the way to look at it.
Cheers!