News & Perspective
Keep current on recent E.J. McKay news & industry trends.
How Will the Metaverse Economy Materialize?
Facebook bets its future on the metaverse. Facebook chairman Mark Zuckerberg, at a press conference early last month, noted the metaphysical economy: “I think of metaphysics as the next generation of the internet.…
Carbon neutral Flying: What Options Are There For Net-Zero Flights?
IATA recently declared an industry-wide target of net-zero CO2 emissions by 2050. Roadmaps and strategies on how to get there may differ from airline to airline. However, often declared with much publicity and…
China’s Power Crisis Could Have A Massive Impact On Aluminum Supply
A timely post by the Financial Times covers the threat to the global auto industry as a result of the power crisis in China limiting supplies of key components used across a range…
Oil hits multi-year highs as energy crisis intensifies
A shortage of natural gas is creating additional demand for petroleum products like fuel oil and diesel from the power generation sector, coinciding with the rebound in key economies after the pandemic. A…
Nobel Economics Prize of 2021
The Norwegian Nobel Committee awarded the 2021 Sveriges Riksbank Prize in Economic Sciences to three US-based economists: David Card, Joshua D. Angrist and Guido W. Imbens. The prize has been awarded – with…
An energy crisis is gripping the world, with potentially grave consequences
The economic recovery from the pandemic recession lies behind the crisis, coming after a year of retrenchment in coal, oil and gas extraction. Other factors include an unusually cold winter in Europe that…
