FT News Briefing US solar project gives clean energy proponents a beacon of hope
Oct 13, 2021
The podcast dives into the IMF's warning about persistent inflation risks and the need for central banks to act. It highlights a groundbreaking solar project in Pueblo, Colorado, designed to provide sustainable energy for a local steel mill, addressing economic issues like poverty. Additionally, it discusses the early onset of the holiday shopping season in the U.S., driven by resurgent consumer demand and strained supply chains, reshaping retailer strategies and consumer expectations.
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Global Inflationary Risks
- The IMF warns of rising global inflationary risks and urges central banks to be vigilant.
- They should take early action to tighten monetary policy if price pressures persist.
Georgieva's Future at the IMF
- Kristalina Georgieva retains her position at the IMF despite controversy.
- The board's decision highlights divisions and ongoing investigations.
Clean Energy in Pueblo
- A massive solar array in Pueblo, Colorado will power a steel mill, aiming for the world's cleanest steel production.
- The project involves BP and a Russian mining conglomerate, signifying the energy transition.