Month: August 2026

Carbon Costs Surge: $1.4 Trillion Price Tag Pits Decarbonization Against Energy Affordability

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‼️ Over 80 carbon policies now require companies—from oil and gas to utilities—to cut emissions or buy allowances. BloombergNEF estimates compliance costs at $96 billion in 2026, rising to $188 billion by 2035 and totaling $1.4 trillion over the next decade. With energy prices likely to stay elevated, carbon costs will intensify the trade-off between decarbonization and affordability.

EMs Surge While China, Brazil Lag: South Africa, Taiwan, Korea Lead August Gains

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‼️ 🇹🇼 🇰🇷 🇿🇦 Through Aug. 7, South Africa (+9.5%), Taiwan (+6.8%), and South Korea (+5.7%) led global equity markets in USD terms, per LSEG Datastream and Yardeni Research. The U.S. rose 3.5%, outpacing ACWI (+3.2%) and ACWX (+2.9%). China (FXI: −0.9%) and Hong Kong (EWH: −1.6%) declined, while Brazil (EWZ: −3.6%) was the weakest.

Trump Bets on “Low-Key” Pressure: US Lets Iran’s Economy Crumble Over Military Strikes

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‼️ 🇺🇸 President Trump said the US is letting economic pressure on Iran mount instead of launching new military strikes, calling the approach “low key.” He noted Tehran’s soaring inflation and cash shortages, adding that a US naval blockade is worsening its financial crisis and that Washington is only “semi-negotiating” over the Strait of Hormuz.