A new trade deal has emerged with Iran and China that seeks to incentivize renewable energy transition for BRICS members. All petro sales (oil and gas) that are settled via BRICS payment systems will now also include renewable energy credits that can be used to offset costs of renewable energy purchases from China. The deal allows BRICS members to access fossil energy while also investing in renewable energy transition.

lathe-of-heaven

What’s some lathing you’d like to see?