Hello,
The significant market news of the week revolves around the Federal Reserve’s announcement of three rate cuts in 2024. Jim Thorne’s long-standing assertion that the Fed tightened too aggressively gains traction. The next piece is from Zero Hedge and they explore the intriguing timing of such an announcement.
NBF provides a comprehensive summary of COP 28, while Eric Nuttall sheds light on the factors contributing to the weakness in energy prices and offers insights into what lies ahead in 2024.
Amidst the discussions at COP 28, Resource Works emphasizes Canada’s potential leadership role in Carbon Capture, shedding light on the nation’s capabilities in this critical space.
An interesting side bar to the Dow Chemical announcement in Alberta is that they fought hard 5 years ago to get a plastics plant built with a carbon capture facility. With the courts ruling against the fed’s plastic stance (which had stopped the project), Dow immediately got the project going again which looks good to the Premier who wants to diversify their economy..
Steve Saretsky delivers a clear breakdown of the implications of Bill 44 on the real estate sector and neighborhoods, providing valuable insights.
Matt Barrie was back on Macro Voices, and he explains the good, bad and ugly of AI. What happens in Hollywood will be fascinating and the level of fraud with financial institutions will only get worse.
Capital goes to places where people feel it is more safe and secure and there is lots of money leaving China and going to Singapore. Unherd explains in an article.
In the sports realm, a newcomer on the tour, weighing 170 pounds, astounds with a remarkable ability to drive the ball 400 yards. A video details the techniques behind this impressive feat.
Switching to baseball, Bruce examines how the Blue Jays missed out on the Ohtani free agency, prompting reflections on what steps the team needs to take to become a true contender.
Best regards,
David
Number 3-COP28 conclusion. _NBF
In the final hours, delegates agreed in using the phrase “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner… so as to achieve net zero by 2050 in keeping with the science”. Analyst Baltej Sidhu highlights ey and relevant items discussed at COP28 in this report https://nbc.email.streetcontxt.net/platform/al?a=7796063&ad=1366923044&h=gkYlUtZ&sig=OmHlYZ2jERZY_gnUVybbpxMGtos&v=2&url=https://nbf.bluematrix.com/sellside/EmailDocViewer?encrypt%3D482fe305-d004-45d9-b6fa-fffda3c7e895%26mime%3Dpdf%26co%3Dnbf%26id%3Djosh.ochman@nbc.ca%26source%3Dmail, which include: 1) a quick overview of the world’s first Global Stocktake, 2) transitioning away from fossil fuels, 3) Loss & Damage Fund, and 4) honourable mentions, regarding methane emissions, renewables deployment and carbon markets under Article 6 of the Paris Agreement.
Number 5- Canada could be a leader in carbon capture - Resource Works
https://www.resourceworks.com/canada-in-carbon-capture
Carbon management, including carbon capture, is a critical piece of global climate action. That’s a sentiment shared by the Intergovernmental Panel on Climate Change (IPCC) and the International Energy Agency (IEA), which maintains there is no credible path to net-zero emissions without the rapid scaling of carbon management technologies.
It’s good to see the federal government supporting the technology. The government of Alberta is demonstrating exemplary leadership in this field. Yet more needs to be done, including in British Columbia and in Ottawa, to ensure that yet another instance of Canadian innovation doesn’t bow out after the first act.
Number 7- MacroVoices #406 Matt Barrie: AI-pocalypse Now
https://www.macrovoices.com/1267-macrovoices-406-matt-barrie-ai-pocalypse-now
Erik Townsend and Patrick Ceresna welcome Matt Barrie to MacroVoices. Erik and Matt discuss:
- AI Technology and its Rapid Advancement
- Advancements in The Visual Spectrum
- Impact on Hollywood and Creative Industries
- Potential For Fraud and Scams
- Data Protection and AI Regulation
- AI Advancements and its Effect on Society
Download the podcast transcript: https://www.macrovoices.com/guest-content/list-guest-transcripts/5308-2023-12-14-transcript-of-the-podcast-interview-between-erik-townsend-and-matt-barrie/file
Number 9- The Science Behind Gordon Sargent's Insane Swing Speed | Film Study
https://youtu.be/6Tv0fjK7LqU?si=6Q1mH_6tcOP4fNVt
Vanderbilt’s Gordon Sargent has been turning heads in recent months due his impressive play and prodigious length off the tee. But how can a 170-pound, 20-year-old hit the ball nearly 400 yards off the tee? Where does his power come from? In this Film Study, our very own Luke Kerr-Dineen will explain Sargent’s X-Factor.
We hope you found the Top Ten interesting this week, and are looking forward to another selection of articles, stories, and commentary next week. If you know of anyone else who would be interested in receiving our weekly note, please let me know.
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