Biodiversity Catastrophe

• [New] Egypt to is expected achieve self-sufficiency in petroleum products by 2023, after achieving self-sufficiency in natural gas in 2019.
• [New] Promoting reduced quantity and improved quality development for construction land can effectively protect the ecological environment, helping Beijing grow into a world-class, harmonious, and liveable capital, and conforms to the goal of Beijing's urban master planning (2016-2035).
• [New] While U.S. capitalism has long allowed for inequality of outcomes, in the last thirty years we have increasingly seen the rise of inequality of opportunity as well.
• [New] 2021 will be the year of privacy laws, mainly in the United States, but in a globalized world no country is excluded, which will help the digital advertising industry build a more transparent and reliable ecosystem.
• [New] North Dakota natural gas and oil production declined slightly month/month in November, but more well completions are expected in 2021 on significantly better oil prices.
• [New] The Henry Hub price will increase from $2.00 per million British thermal units in 2020 to $ 3.01/MMBtu in 2021 and to $ 3.27/MMBtu in 2022, which will likely prompt an increase in Appalachia's natural gas production.
• [New] Associated natural gas production from oil-directed wells in the Permian Basin will fall because of lower West Texas Intermediate crude oil prices and reduced drilling activity in the first quarter of 2021.
• [New] U.S. oil and natural gas production to fall in 2021, then rise in 2022.
• [New] 8K TVs will generate upwards of US$ 3.3 billion in global revenue in 2021 alone, with larger screen TVs making up the bulk of sales.
• [New] In October, Telecom Advisory Services released a 10 G economic impact report, which demonstrated that new the broadband platform will generate at least $330 billion in total economic output and create more than 676,000 new jobs over seven years.
• [New] The Alberta government expected Keystone XL to create 2,000 construction jobs over two years and generate $30 billion in revenue once it was complete.
• [New] The UK will commit at least £3 billion ($4 billion) to climate-change solutions that protect and restore nature and biodiversity over five years.
• [New] We expect the general ramp-up in activity in the US to be cautious, with tight oil production continuing to decline into the second half of the year.
• [New] Oil consumption will peak in 2029, followed by natural gas in 2037.
• [New] The World Wide Fund for Nature (WWF) yesterday called for the UK to set a target to halve its global footprint from all consumption and production by 2030, as it warned that 43 million hectares of forest had been wiped out in 13 years.
• [New] UK Prime Minister Boris Johnson announced, on Monday, that his country will commit at least £3bn, over the next five years, to climate change solutions that protect and restore nature and biodiversity.
• [New] The bulk of 39.7 GW of new electricity generating capacity for the year will come from renewable sources.
• [New] After falling by 2% last year, natural gas production will fall by another 2% in 2021, per EIA's forecast.
• [New] 2021 will see the next generation of cloud collaboration tools, armed with internal social networking and resource management, heighten the employee experience and ensure workers feel included.
• [New] The COP is regarded as one of the most important to date, as world leaders will agree on biodiversity targets through to 2030, after all nations failed to meet the previous Aichi biodiversity targets.

Last updated: 21 January 2021