The $147 Billion Green Hydrogen Bubble That BP Helped Burst
Australiaβs long-held ambitions to tap its abundant renewable resources and vast uninhabited landmass to become a global green hydrogen leader are fast unraveling.
1/ Australiaβs $147b green hydrogen dream is coming apart. At least 7 major projects have stalled, and BP has pulled out of its $36b Pilbara mega-plan. Global hype is deflating β and fast. My colleagues and I dug into why, and how it unraveled.π www.bloomberg.com/news/article...
31.07.2025 23:10 β π 5 π 7 π¬ 3 π 0
Bitcoin Devours the Electricity Meant for the Worldβs Poor
Crypto mines and data centers overwhelm the hydropower projects built to lift nations out of poverty.
Hydropower projects were meant to help pull developing nations out of poverty. Their energy is going to crypto mines and data centers instead - @davidfickling.bsky.social
www.bloomberg.com/opinion/arti...
30.07.2025 21:38 β π 20 π 9 π¬ 1 π 1
That calculation only works if the weaker USD drives manufacturing back to the US. But foreign investors are pulling out all over the place and there is no certainty for new ones to come in!
29.07.2025 03:10 β π 2 π 0 π¬ 1 π 0
I find it hard to see how the EU (consumer economy without import tariffs and with a stronger currency) is doing worse than the US (consumer economy without import tariffs import tariffs and a weaker economy).
29.07.2025 03:10 β π 1 π 0 π¬ 2 π 0
I guess we can argue an optimal policy would be able to make the US give up on this act of global economic vandalism!
But the frame of commentary seems to be more about who is weaker/who is stronger. On that reckoning, everyone suffers but the US still suffers the most.
29.07.2025 03:09 β π 3 π 0 π¬ 1 π 0
I absolutely agree that 15% tariffs on your exports or whatever is a worse result than 0%. But adding 15% tariffs (or whatever) to your imports from the US makes it even worse!
29.07.2025 03:04 β π 6 π 0 π¬ 1 π 0
Iβm really looking for a good explainer of why non-US nations are βlosing on tradeβ because they are not harming their consumers as much as the US is harming its consumers via tariff retaliation.
29.07.2025 03:02 β π 35 π 6 π¬ 3 π 1
Opinion | 11 tips for becoming a columnist
Hereβs my advice for handling the awesome responsibility of this job.
Some professional news: After more than a decade of columnizing at The Washington Post, I'm taking the buyout.
This is my last column. It is my advice to any other lucky pundits who land a perch like this -- with 11 principles I've aspired to, even if I haven't always achieved them:
wapo.st/3TU2fGw
23.07.2025 18:58 β π 4434 π 700 π¬ 402 π 156
No, Renewables Didnβt Cause Spainβs Grid Blackout
Shifting to clean generation might occasionally trip, but the effects are short-lived, and easily fixed.
"When Spainβs grid suffered a blackout, the knee-jerk response β blaming the rapid buildout of renewables β had the virtue of a clear narrative.
"Thereβs just one problem with that picture: It wasnβt true" - @davidfickling.bsky.social
www.bloomberg.com/opinion/arti...
23.06.2025 21:20 β π 22 π 3 π¬ 0 π 1
Australia Is the Future of Gas, and Always Will Be
For all the controversy over the governmentβs recent LNG decision in remote Karratha, there are too many roadblocks for the project to take off.
1) It wasn't surprising that Australia's re-elected Albanese government took the path of least resistance and extended the life of the North West Shelf despite promises to push forward with action on climate change, writes @davidfickling.bsky.social
Here's why...
www.bloomberg.com/opinion/arti...
10.06.2025 02:07 β π 5 π 1 π¬ 1 π 0
Just as soon as I put out this thermal runaway
05.06.2025 04:24 β π 9 π 0 π¬ 0 π 0
I wish I could Google my old articles without provoking AI hallucinations
04.06.2025 22:42 β π 196 π 37 π¬ 16 π 3
Degradation of democracy aside, itβs never not going to be funny to me that the FBI is run by a guy so dodgy that even his official portraits look like mugshots
20.05.2025 11:11 β π 35 π 3 π¬ 0 π 0
Stealing a film off a stellar cast with a cameo!
26.04.2025 22:59 β π 0 π 0 π¬ 0 π 0
Movie youβve watched more than six times using gifs.
(βHard modeβ no Star Wars, Star Trek, or LoTR)
26.04.2025 22:11 β π 5 π 0 π¬ 2 π 0
The Climate Cost of Americaβs Infinite Tariffs
Years of protectionism have weakened the US solar industry. Levies of up to 3,521% on Asian imports will set energy transition back even further.
There's a climate cost from Trump's infinite tariffs. Levies of up to 3,521% on Asian solar imports will set energy transition back even further, writes @davidfickling.bsky.social @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
25.04.2025 03:21 β π 12 π 5 π¬ 0 π 1
25.04.2025 00:11 β π 6 π 1 π¬ 0 π 0
23.04.2025 12:15 β π 6 π 0 π¬ 0 π 0
FINALLY! Recharging bays for cats are here!
23.04.2025 09:33 β π 377 π 81 π¬ 15 π 5
Me too, tbh!!
23.04.2025 09:40 β π 1 π 0 π¬ 0 π 0
Boomers reading this article: βMy doctor is telling me to cut backβ
Gen X/Millennials: βIβm still drinking plentyβ
Gen Z: βEveryone I know prefers ediblesβ
23.04.2025 07:25 β π 7 π 0 π¬ 2 π 0
Without noticing it, humanity has passed a remarkable milestone: Alcohol consumption has gone into possibly permanent decline ππΊ
Read @davidfickling.bsky.social: bloom.bg/3YaS7Mi
22.04.2025 23:57 β π 223 π 45 π¬ 27 π 22
How Clean Energy Escaped the Boom-and-Bust Cycle
The shift toward renewables is accelerating in some places, while Big Oil is investing less.
"This shift suggests that oil and gas is now a sunset industry, managing a long-term, if occasionally profitable, decline."
Always read @davidfickling.bsky.social
π Link
www.bloomberg.com/opinion/arti...
22.04.2025 22:14 β π 141 π 55 π¬ 5 π 6
Beautiful piece Rachel. Must read
22.04.2025 07:40 β π 6 π 6 π¬ 1 π 0
We May Have Already Hit Peak Booze
A habit as old as civilization is fading from our society.
"Without noticing it, humanity has passed a remarkable milestone: AlcoholΒ consumption has gone into possibly permanent decline.
Thatβs a turning point in a habit at least as old asΒ civilization itself."
www.bloomberg.com/opinion/arti...
21.04.2025 17:18 β π 5 π 1 π¬ 0 π 0
And the effects of a central bank-scale βlittle trimβ on the gold and FX markets could be substantial.
Remember in the early 2000s when the Bank of England and Swiss National Bank did a βlittle trimβ on their gold holdings?
21.04.2025 22:50 β π 2 π 0 π¬ 0 π 0
I mean, after what we have seen over the past few months, it is a plausible enough scenario that you might want to trim the sales of your USD exposure a little bit, just in case.
21.04.2025 22:48 β π 2 π 0 π¬ 1 π 0
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