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Electric vehicle sales grew about 36% on the year in 2022, according to S&P Global Mobility estimates. The momentum, however, is at risk in 2023 due to several factors: the end of China's subsidies, Europe's energy crisis and the consequent inflation, and recession fears in the US. China is by far the largest market for EVs. The country's new energy vehicle sales should have reached 6
This week, S&P Global Commodity Insights editors take a closer look at French nuclear production, the widening arbitrage between Asian and European LNG prices, Indian wheat supply and prices, and more. 1. Slow recovery in French nuclear generation leaves Europe exposed to gas prices What's happening? French nuclear production reached an all-time low of 279 TWh in 2022
A quick glimpse at the price history of most types of voluntary carbon credits in 2021 and 2022 will reveal somewhat of a bell-shaped curve. It's a shape that tells a very simple story: a large part of the value that carbon credits quickly gained in 2021 was slowly but steadily lost in 2022. It's a shape that leaves market players wondering about what would come next – and the same line could offer the answer
