Countries and Individuals Pledge Billions to Curb Climate Change, But Is It Enough?

Published on
November 2nd, 2021
Duration
39 minutes

Mega Cap Tech Leads the Way–But Is a Market Rotation Around the Corner?


Countries and Individuals Pledge Billions to Curb Climate Change, But Is It Enough?

Daily Briefing ·
Featuring Tony Greer and Ash Bennington

Published on: November 2nd, 2021 • Duration: 39 minutes

Tony Greer is back on the Daily Briefing, this time discussing the events surrounding energy this week and the price action around oil, natural gas, uranium, and more. With COP26 underway in Scotland this week and next week, world leaders are discussing ways to fight climate change. So far, President Joe Biden has backed a plan to reduce methane emissions, one of the most harmful greenhouse gasses; Japan has pledged up to $10 billion to decarbonize Asia; and Jeff Bezos has pledged $2 billion to restore nature and transform food systems. As the clean energy transition is swiftly underway while the current European energy crisis worsens, Greer shares his perspective on the implications these events will have on energy prices. However, with the FOMC meeting tomorrow, investors are watching the Fed's next moves carefully as the decision to taper their bond purchases is fast approaching, and he discusses how the course of Fed policy will shape markets in the coming months. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3nSMjUE

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