cover image: Weekly Forecast Monitor: August 16, 2024 - Global Hotspots

Weekly Forecast Monitor: August 16, 2024 - Global Hotspots

2 Sep 2024

Hybrid escalation Risk level – low/medium (down 15 pts from start of 2024) • Germany issued an arrest warrant for a Ukrainian man suspected of Diplomatic de-escalation involvement in the sabotage of the Nord Stream gas pipeline. [...] (up 5 pts from start of 2024) Risk level – medium Diplomatic de-escalation • The Philippines condemned the Chinese air force after an incident in (up 15 pts from start of 2024) which Chinese planes dropped flares on a Philippine air force aircraft patrolling the Scarborough Shoal. [...] The growth in China’s wind energy capacity remains on pace to exceed the tripling goal, but the rest of the globe combined falls short. [...] The Chinese Commerce Ministry said it has resorted to this step to "safeguard the development rights and interests of the electric vehicle industry and cooperation on the global green transformation." The EU, on the other hand, claims government subsidies give Chinese firms an unfair advantage. [...] Risk level – medium Key Stats of the Week • The International Energy Agency and the International Renewable Energy Agency estimate that to keep climate goals within targets, renewables would need to at least triple to 11,000 gigawatts by 2030.

Authors

Kevin Hargis

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Pages
5
Published in
United States of America

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