Nickolai Hubble

The energy transition’s delusions: past, present and future

The public is questioning net zero Next, they will discover the truth Mark Mills is the best person to explain where net zero goes wrong…

Net zero? It isn’t going to happen…

Net zero is an impossible goal The question is when it’ll fail It’s time to prepare for the inevitable I came to this conclusion while…

Net zero: the impossible dream

In this report: The scientific consensus on net zero: mission impossible The mistaken presumptions behind the energy transition Will governments hollow out civilisation to meet…

Sacrificing Australia on the altar of net zero

We’re going to need a lot of copper… and coal? Australia has volunteered to be net zero’s open pit The best way to profit from…

If Russia can escape sanctions, who’s next?

Russia has successfully evaded Western sanctions Other countries are now willing to openly oppose the West Ukraine and Israel are symptoms of a bigger trend…

What does the stock market think of the vaccines now?

Vaccine makers’ share prices are plunging Italy’s debt is under review US mortgage rates are beyond dangerously high After a recent plunge, Moderna, Pfizer and…

What does the stock market think of the vaccines now?

Vaccine makers’ share prices are plunging Italy’s debt is under review US mortgage rates are beyond dangerously high After a recent plunge, Moderna, Pfizer and…

Investment success… by association?

In life, we don’t pick what we want, but choose from package deals How many of the world’s developments occurred by association? Investing is about…

The energy transition’s next Tavistock moment

Energy storage is another reason the energy transition will fail Civilisations are defined by their ability to store energy cheaply Energy storage investments will boom…

The threat of a non-fungible energy system

Europe’s energy crisis exposed that gas isn’t so fungible after all Electricity might seem fungible, but not in a crisis Renewable energy’s intermittency is only…

The numbers just don’t add up in China

China has enough homes for two Chinas Deflation has begun, and it’s unlikely to be the good sort The energy transition versus the China crash…

Welcome to a multi-polar world, investors

The attacks on Israel are part of a broader trend Housing policy is the key political issue of 2024, but the key parties are indistinguishable…

The unequivocal equation that predicted our inflation

MV=PY was all you needed to know Velocity turned up, as predicted, with the predicted results What happens next for inflation depends on V not…

If the bond market crashes in silence, has it crashed at all?

The bond market has crashed horrifically The consequences are barely making themselves felt A reminder that investment mantras are eventually disproven Investors take note: Mark…

John Butler’s correlation breakdown

John Butler’s mysterious midnight messages Oil and US bond yields are diverging Financial market instability is now sinking the economy I’ll be honest, sometimes I…

Misery for all but the cynical investor

Investors take note: Mark identifies the key commodity set to benefit from the doomed campaign to reach net zero, and the energy we’ll transition back…

Rishi is not Margaret, whatever he says

Mark provides the best possible introduction to the realities of net zero when it comes to energy systems and high-minded politics. He also began to…

When the wind fails, blame nuclear

The carbon offset market revealed as “junk” The oil must flow Nuclear energy is too intermittent for renewable fanatics The politicisation of our energy system…

When the wind fails, blame nuclear

The carbon offset market revealed as “junk” The oil must flow Nuclear energy is too intermittent for renewable fanatics The politicisation of our energy system…

Immigration or inflation? Your choice…

Immigration is spiking and voters are angry Politicians are increasingly offering an anti-migration option Why less immigration means more inflation in a debt-filled world Mark…