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LafargeHolcim sets target to reduce emissions 15% by 2030

Bloomberg LafargeHolcim Ltd, the world’s largest cement maker, pledged to step up efforts to cut CO2 emissions as the energy-consuming industry comes under pressure from environmental groups, lawmakers and investors. The plan includes accelerating the use of low-carbon alternatives in cement mixtures and operating its first net-zero plant by the end of the decade, the company said in a statement ...

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Authoritarianism is up for re-election in America!

Americans who think the coming election is their last chance to save the republic from authoritarianism — Americans, until recently, like me — are almost certainly wrong. Authoritarianism is already here, and what Americans will decide in November is whether it will grow more deeply entrenched. According to a new report, the US is undergoing “substantial autocratisation” — so much ...

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Don’t overthink China’s yuan now

China may be the only major economy to notch growth at all in 2020, quite the reversal after the onset of Covid-19 triggered a historic collapse early in the year. This revival has been reflected in the yuan, Asia’s best performing currency this quarter. There’s good reason to think it isn’t a fluke. Bloomberg Economics projects China’s gross domestic product ...

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