The essential perspective on global commodities
Commodity Tracker: 4 charts to watch this week
China’s LNG imports are in focus this week, after the country’s bumper offtake in 2021, while in the US, upstream operators are having to be more creative to extract shale oil from older plays. Plus, a look at trends in the corn and rice markets. 1. China becomes world’s largest LNG importer in 2021 What’s happening? China surpassed Japan to become the world’s largest LNG importer in 2021 on an annual basis
Debate on avoidance and REDD+ carbon projects to dominate the next UN Climate Conference
The 193 nations taking part in the Paris Agreement found a compromise on many controversial issues when implementing Article 6 at the UN Climate Conference in November 2021 . But some questions remain unanswered: Should avoidance and REDD+ carbon projects be allowed under the new crediting scheme to be implemented under Article 6 Paragraph 4? And under which circumstances? This subject is now set to dominate the scene in the run up to the next UN Climate Conference, the...
Fuel for Thought: Is it time to take politics out of the US EPA's Renewable Fuel Standard?
If there is a consensus among US producers of transportation fuels about the long-delayed Environmental Protection Agency's proposed Renewable Volume Obligation for 2020, 2021 and 2022 under the Renewable Fuel Standard it is that no one is completely satisfied. Some political divisions remain the same
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