hal 👾
@halhod
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Americas editor @theeconomist
london
Joined September 2010
any thoughts @tomhfh ?
BREAKING: Natural gas prices rise another +25% and post their largest 2-day gain in history as an “arctic blast” sweeps across the US. Natural gas prices are now up +60% in 2 days.
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Lowest price for USA-made 100% organic cotton shorts @ATGUSAMade I hope these inspire someone out there to build closer to home, wherever that is.
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great thread
This statement by @nytimes is factually incorrect. The vast majority of Caracas residents didn't lose power on January 3rd, not even "for a few minutes". This can be verified through publicly available data, videos of the attack, and testimonies from people on the ground. 🧵
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Listen here for more on what Venezuelan's think about Maduro's capture, Delcy Rodriguez and the future of the country in this @TheEconomist podcast, drawing on our polling with @premisedata (no paywall) https://t.co/2CAYbQLD2T
economist.com
Also on the daily podcast: how AI is rewiring childhood and a paean to the bagel
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and that's before you get into the costs of ending carbon tax after the UK has paid all the implementation costs
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Andrew (willfully?) ignores: 1) wind cuts wholesale prices by pushing gas off the grid. if AR7 had been online last year average wholesale prices would have been 11% lower ie £72/mwhr 2) gas prices can go up! this just happened. it sucked Andrew wants to lock the UK into that?
You have no idea what you’re talking about. Like ministers. The £147/MWh for gas is an out of date assessment. Latest (2025) figure is £107/MWh. But much of that includes the carbon tax government slaps on gas. A policy choice which could easily be reversed. Strip that out
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the whole interview is worth watching https://t.co/OCyxLOvtCa especially, if you can stomach it, in the context of this report on the rape, torture and murder carried out by the regime
aljazeera.com
The president of the new Constituent Assembly on allegations of abuse of power and Venezuela's economic crisis.
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wild that Trump calls Delcy a "terrific person" when she's been running cover for a brutal regime for years here she is with Al Jazeera in Sept 2017, right after the most vicious crackdowns in chavismo history none of this was true. and she wasn't even asked about the torture
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@afneil even if you scrapped carbon tax entirely, new gas plants would cos around the same as this because they'd operate at low load factors. then you'd be leaving the uk exposed to gas prices swings for the rest of time and you would lose wind build out learning curve benefits
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a) after inflation this round is 10% more expensive than the previous round. is that "way up"? idk b) but more importantly: what is your alternative @afneil? the uk needs new generation. building things is expensive for lots of reasons
The cost of building offshore wind farms has also soared. Which explains why the government has agreed for the latest ones to have a strike price of £91/MWh — way up on previous round of offshore licences — and to index link that price for 20 years!! Requires a couple of billion
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i really regret that following recent events i now feel i have to follow the walter bloomberg guy
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what is the cost of new gas turbines then, Andrew?
An energy minister who has no idea what he’s talking about. His price comparison is so ridiculous it’s hard to know where to start. But we can begin with this: the price he quotes for gas is a massive exaggeration to suit his renewables narrative.
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the path to abundance does not lie in either ignoring or misunderstanding the fact that running existing gas turbines (the £48/mwhr in the tweet below) is cheaper than building new ones (more than double once capital is amortised over lifetime)
It's hard to see how today's electricity auction round results, which procure offshore wind at £91/MWh, are consistent with the Prime Minister's new year's reset on cost of living. For comparison, gas is just over half that, at £48/MWh.
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Uruguayans take welfare from America at unacceptable rates???
The State Department will pause immigrant visa processing from 75 countries whose migrants take welfare from the American people at unacceptable rates. The freeze will remain active until the U.S. can ensure that new immigrants will not extract wealth from the American people.
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The Venezuelan regime is now putting out its own "polling" on Rodríguez' favourability
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According to a new poll by @TheEconomist, Venezuelans do not support Delcy and want quick election: a majority wants them in 6 months.
economist.com
An exclusive poll for The Economist also reveals an overwhelming desire for democracy
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when (and, sigh, I guess if) it becomes clear to everyone that AI is just a really useful new form of software, not an existential threat to humanity, does the sp500 go up or down?
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