The Return of Industrial Policy and Its Impact on Global Capital Flows
Capital is rarely indifferent to incentives. When the economics of building a factory, data center, power plant, or semiconductor facility can change because of a tax credit, tariff, subsidy, procurement decision, or national-security priority, investment decisions are no longer shaped by market forces alone. Industrial policy is becoming an increasingly important variable in that equation, […]
The Global Race for Copper Assets: Why Investors Are Betting on Electrification
The next phase of the global energy transition will be determined by more than technology and capital. It will depend on whether the physical resources required to build a more electrified economy can be developed quickly enough. That is turning copper assets into an increasingly strategic part of the investment landscape. Power grids, renewable generation, […]
