New Left EViews

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New Left EViews

New Left EViews

@NewLeftEViews

Writer, researcher, economist • int'l and european political economy, geoeconomics, history, climate • 1/3 of @eurotrashpod • one cat in a trench coat

London Inscrit le Ekim 2009
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New Left EViews
New Left EViews@NewLeftEViews·
Some thoughts on the age of mass disruption and how and to what extent we can prepare for future energy and commodity shocks. In short: I’m not terribly optimistic about the prospects of all but a few countries or about the source of the disruptions ebbing.jacobin.com/2026/03/price-…
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New Left EViews
New Left EViews@NewLeftEViews·
It’s genuinely crazy to me that the Bank of England is earnestly fretting about second order wage-price dynamics instead of the obvious immediate growth effects, based on the usual expectations drivel. Bailey coming out for a pathetic damage control interview makes the ECB look like a model of competence. It’s like they didn’t learn from 2020-23 and don’t see how the current context is different. This kind of monetary policy making is a huge liability if you’re the most vulnerable G7 economy.
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Albert Pinto
Albert Pinto@70sBachchan·
Thank you @NewLeftEViews for this brilliant rebuttal to my optimistic catastrophism. This is the best article I've read on how the bitter lessons from 2022 inflationary shock can be applied to the global shockwave with Iran war. Please share widely! jacobin.com/2026/03/price-…
Albert Pinto@70sBachchan

agree w Erica. Disruptions mean Countries will rush to exit US-led oil order. Worst case scenario for oil ceos (best for rest of us) is that people permanently shift...what they call “demand destruction“ Iran war will accelerate ongoing shift to solar+EVs+batteries. ie CN winner

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New Left EViews retweeté
npj
npj@TiltingatM3·
A preliminary list would be like: - something racist from the 1920s - Spengler - the Durants - the consensus historians - *The Rise and Fall of the Third Reich* (dad book) - Howard Zinn - Hobsbawm’s tetralogy - Sapiens
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New Left EViews retweeté
Aidan Regan
Aidan Regan@Aidan_Regan·
European centrists and conservatives will agonise endlessly about Iran. They have almost nothing to say about a far-right Israeli government with nuclear weapons and no red lines.
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Levi Henze
Levi Henze@HenzeTimon·
I forgot to add! @NewLeftEViews if there ever was a case and need to look at this again, it’s obviously between a Russian invasion of Ukraine, a US-Israel war on Iran and a US administration cutting exports. So full agreement with your.. friend there
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Levi Henze
Levi Henze@HenzeTimon·
I’d bin the general fracking bans across Europe yesterday because they never made sense ecologically and from an externality perspective (at least that’s my understanding). But: E.g. Poland never banned it, had ample incentive to invest and large resources. /.
New Left EViews@NewLeftEViews

Paging @HenzeTimon: just how unrecoverable is Europe’s shale gas? I know it’s economically and politically dead….but how dead? Like dead dead? Asking for a distant friend.

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New Left EViews
New Left EViews@NewLeftEViews·
This is what I had read: it is poorly written (its a hastily written post) but I’m referring to the 16 in the preceding sentence. They’re targeting a total of 22.5 and 16 is current BESS project pipeline in Spain—which indeed something like a third of global. Let me know whether you think this is an unreliable source: ess-news.com/2025/10/14/spa…
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New Left EViews
New Left EViews@NewLeftEViews·
@LaurenceCopson Not talking about deployment but what’s in the pipeline. (I could still have misremembered.)
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New Left EViews
New Left EViews@NewLeftEViews·
Yes, Spain’s renewable buildout has massively outpaced both its storage deployment and grid investment. But that’s a function of having lagged enormously on both. Spain’s actual installed battery capacity at end-2024 was only 1.7 GWh, 90% of which was small-scale. And total grid investment of only between 2021 and 2024 was only around €3bn, falling well short of the €7bn target. So 83.4% of electricity distribution network nodes are saturated. But storage and grid capacity are the binding constraints EVERYWHERE in Europe, more than permitting or financing. The blackouts till prove to have been a wake up call because Spain is accelerating both: €13.6bn transmission grid investment till 2030 and more than €20 billion for distribution, and 16 GW (!) of battery storage capacity in the pipeline broader target of 22.5 GW of total storage capacity by 2030. That’s a like 30% of global total. We should very much follow this example. Another thing other countries should consider: since 2024 the regulated household rate (PVPC) incorporates both daily spot and forward prices rather than just being linked to daily wholesale, so there’s less pass-through of short-term volatility to consumers. The Nordics have something similar but in Spain it’s a government regulated tariff and it’s the default option for consumers.
AX@A_XENOP

@NewLeftEViews @IrvingSwisher What about the insane blackouts a d fragility in the system??

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New Left EViews
New Left EViews@NewLeftEViews·
@cszabla I had seen two papers exploring a scenario of a failure at that particular plant and the simulation seems to based thereon, but deleting out of an excess of caution. People are incapable of talking about radiation in a sober manner.
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csz
csz@cszabla·
@NewLeftEViews I’ve seen this but wasn’t sure at all what the source was let alone credibility
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