@SebHenbest

Group Head of Climate Transition at HSBC formerly Chief Economist at BloombergNEF (opinions are my own)

 London - Sydney - Adelaide
Joined January 2011
  • Tweets20.4K
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2.4KMedia
Here's @SebHenbest explaining it once more. xitter.cf/SebHenbest/status/1022…
Seb Henbest@SebHenbest25 Jul 2018
No, wind and solar projects aren't just badly behaved coal plants. about.bnef.com/blog/henbest-…
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"Business-as-usual has changed: the financial world now understands that it must be at the heart of the transition to net zero." Super piece from m'colleague @CHerweijer weforum.org/agenda/2022/05/r…

Rewiring the financial system to speed the energy transition | World Economic Forum

The hard truth is investment into the energy transition isn’t great enough; banks’ goal must be to break the pattern of underinvestment in green assets.

weforum.org
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Reading lots on how high energy prices and energy security concerns will accelerate the shift to net-zero in Europe. But let's not forget the reality of domestic energy politics -- "people won't vote to be colder and poorer". 1/2
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And if energy prices remain high, it will be much easier to blame climate policies than explain world energy markets. In fact, Nigel Farage just launched a campaign for a referendum on net-zero called "power not poverty"... xitter.cf/PowerNotPoverty 2/2
I've got a podcast for your commute! Check it out. It's a discussion about net-zero emissions pathways and how to think about and design long-term climate scenarios in @BloombergNEF's New Energy Outlook. podcasts.apple.com/gb/podcas…
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Whoa.
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Seb Henbest retweeted
Nat Bullard
@NatBullard27 Jan 2022
Thread: How the world got to $755 billion in energy transition investment in a single year. @BloombergNEF did the math. 1/ bloomberg.com/news/articles/…
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The @BloombergNEF Energy Transition Investment Trends report is out! Top-line finding is that the world spent $755 billion last year to deploy low-carbon tech, including renewables, storage, EVs, heat pumps and others. about.bnef.com/blog/global-i…
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Energy transition investment up 27% in 2021 to a record $755 billion. Renewables up 6.5% to $355bn EVs and chargin' infra up 77% to $273bn Summary report & press release here >> about.bnef.com/energy-transi…
Having to pay for fuel now makes power plants less economically competitive. M'colleague @kobadb argues that the same will ultimately happen with hydrogen and "green" H2 made from renewable power will structurally undercut "blue" H2 made from natural gas. bloomberg.com/news/articles/…

Blue Hydrogen Could Become the White Elephant on Your Balance Sheet

No investor, lender or company wants a white elephant sitting on their balance sheet. An asset that looked good at the time, but is now out of the money, rendered uncompetitive by operating costs...

bloomberg.com
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The EU carbon price is now pushing €90. It's up almost 50% since the start of November.
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EVs accounted for almost 30% of new car registrations in the UK in November.
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Terrific report covering all aspects of the electric vehicle transition. All the charts, facts and figures in one place. Great reference doc. Delegates to the #NewEconomyForum should check it out!
Albert Cheung@albertwycheung10 Nov 2021
Thrilled to be launching our Zero-Emission Vehicles Factbook at #COP26 today, in partnership with @BloombergDotOrg. Packed full of data documenting progress on the transition to zero-emissions road transport. about.bnef.com/blog/electric…
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Former U.K. Prime Minister Tony Blair on the West's relationship with China at the Bloomberg #NewEconomyForum in Singapore bloom.bg/3kSMxKy
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The Chinese are moving to secure their supply chains. The US is moving to secure theirs. But US should bring in friends, allies and partners, not just bring it all back home, says @MrKRudd at #NewEconomyForum
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We don't want to align all our interests in 1 direction. The US presence in Asia gives us agency to do that. If there is no balance of great powers, there is no agency, says Bilahari from @NUSingapore at #NewEconomyForum
I dislike the phrase "pivot to Asia". It implies the US left and have come back. No. The US never left the region, says Bilahari Kausikanfrom @NUSingapore #NewEconomyForum
Seb Henbest retweeted
Bloomberg
@business19 Nov 2021
U.S. climate envoy @JohnKerry says investment banks including Goldman and Morgan Stanley are ready to invest $4.16 trillion in the energy transition over the next decade. "We have to find a way to deploy that money," he says. trib.al/FR09IWa #NewEconomyForum
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President Putin exercises power through non-state actors -- mercenaries, hackers...We need to pay more attention to asymmetric power moves, not just nation states, says @HillaryClinton at #NewEconomyForum
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We hoped that China would evolve politically as it did economically. But that hasn't happened. Instead the Chinese Communist Party has tightened it's grip, says Tony Blair @ #NewEconomyForum
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