Dunkelflaute

Dunkelflaute

This is by far one of my favorite German words. The direct translation is dark doldrums, and if that doesn’t say everything there is to say, I don’t know what does. Dunkelflaute’s more modern meaning is a period of time, often several days, with little or no sunlight...
Beyond Stress

Beyond Stress

It was difficult to find an appropriate topic for this first Risk Report of 2025. In true New Year’s fashion every common risk topic—inflation, interest rates, dollar strength, bank regulation, and more—has been thrown into the air like confetti and it is not yet...
Agree Now, Pay Later

Agree Now, Pay Later

The rule of the conferences of the parties to the Paris Agreement (COPs) is that nobody leaves until an agreement is reached, which of course ensures an outcome, but not necessarily an outcome anybody wants. The deal that was reached in Baku, Azerbaijan is that by...
Very Not Great

Very Not Great

My heart and thoughts go out to everyone affected by Hurricane Helene. As the human mind works, this hits extra hard because North Carolina is home to FRG and many friends and colleagues. We are only just beginning to see the extent of the damage, not in the least...
The Tortured Homeowners Department

The Tortured Homeowners Department

It is widely felt and reported that housing costs have entered the painful range. Especially more recent home buyers (with less equity built up) and those in areas prone to extreme weather events are struggling, because they are being hit thrice or even quince...