
The Sixth Carbon Budget (2033-2037) charts the decisive move to zero carbon for the UK. The CCC shows that polluting emissions must fall by almost 80% by 2035, compared to 1990 levels – a big step-up in ambition. (1/12) #UKCarbonBudget 🧵










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Watch along:
Just 15 mins until the launch event for our new advice to Government on the Sixth Carbon Budget. If you haven\u2019t registered, you can watch live on YouTube from 10am. Link: https://t.co/PjlcIDSYEC #UKCarbonBudget pic.twitter.com/1zOTfmxDVp
— Climate Change Committee (@theCCCuk) December 9, 2020
Will tweet along snippets. Pretty relevant to...............everything, really. #UKCarbonBudget
"Instead of being just a budget, it's a pathway we have to tread to reach net zero in 2050" @lorddeben
Just like quite a few other modelling exercises, CCC use a spectrum between behaviour change and between technological change. #UKCarbonBudget.
Both = best (just like @AEMO_Media's Step Change scenario in their ISP)

'Balanced' is what they use for their recs. "We're doing 60% of the emissions reductions in the first 15 years, and then 40% in the next".
The slinky kitty curve....good to see. No evidence of delaying action to Dec 29 2049, here. #UKCarbonBudget

"By front loading, we're minimising the UK's contribution to cumulative emissions" - really important point. A slow path to net zero - more climate harm than a fast one. #UKCarbonBudget
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Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020