Armenia is poised to benefit economically and environmentally from electric vehicle adoption, driven by affordable electricity and regulatory reforms. By implementing a comprehensive policy framework, the nation can enhance air quality and reduce dependency on imported oil. The global sale of electric vehicles increased by 35% in 2023. However, this growth was concentrated in the […]

Energy prices have played an important role in the recent surge in inflation. This column analyses the relationship between energy price shocks and inflation expectations of both households and firms. It finds that households extrapolate their personal experience of energy price increases to their view of the overall economy. Meanwhile, firms exhibit significant pass-through to […]

A race is raging among global powers to secure access to critical minerals to power the simultaneous energy and digital transitions the world is experiencing. The extraordinary growth in demand for critical minerals is putting upward pressure on prices and stimulating new critical mineral discoveries all around the world. However, in developing countries, this new […]

Achieving global net zero emissions requires rapid deployment of low-carbon technologies. Using online job postings from 35 countries, this column measures the diffusion of low-carbon technology-related skills from 2014 to 2022 and investigates the role of the 2022 global energy crisis in driving labour demand. The data show a significant rise in job postings in […]