Monthly Market Commentary for July 1st, 2023
Green hydrogen is a hot topic nowadays, leaving many to wonder how important a role it will play in the future as an energy source to heat homes, run factories, and advance vehicles. Green hydrogen, also referred to as “clean hydrogen,” is a clean burning fuel that has significantly low carbon emissions.1 This is among its main differences from grey hydrogen, which is produced using fossil fuels such as natural gas or coal.
Monthly Market Commentary for July 1st, 2023
China is one of the world’s most populous countries. In 2021, China recorded the largest population in the world at 1.412 billion. Since 2022, the population has been steady but is expected to see a continuous decline starting in 2024 (Figure 1).1 The decline in the population of China is due to several demographic challenges that require attention. Prominent among them, and largely a result of the COVID-19 pandemic, is a high youth unemployment rate. This, coupled with long-term challenges such as an aging population and lower birth rates are leading to uncertainty over China’s economic future.