March 3, 2021/IMF By Ian Parry Summary: The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and international level […]

March 2, 2021/OilPrice.com Chart of the Week –    The volume of crude that went into Gulf Coast refineries declined by 2.7 mb/d for the week of February 19 as a result of the Texas grid crisis. –    The drop in refinery processing of 2.4 mb/d, or 28%, was the largest […]

March 2, 2021/IMFBlog By Alfred Kammer and Laura Papi Much of Europe rang in the start of 2021 with new lockdowns and weak economic activity. This same period saw the roll out of effective vaccines. While the end of the pandemic will remain a race between the virus and vaccines, […]