A brilliant talk that punctures current discourse on climate ambition in Scotland, setting out what's really needed, by @KevinClimate for @ScotClimateCA

📽️ https://t.co/i02FtSkJT8 📽️

Well worth watching. Otherwise, here's a summary thread 👇
1/10

Want scientific assessment of what Scotland should do to achieve Paris Agreement temperature targets? Look to carbon budgets. See that a failure to rapidly reduce emissions will eat up the carbon budget in just a few years, leaving impossible burdens for future generations. 2/10
Are UK emissions down 45% in 30 years? Not when including emissions from aviation & shipping, and imports & exports – then they are only down 10%. Over three decades, we have had reductions of less than 0.5% per year. 3/10
Scotland’s average per person consumption emissions are still double the global average. Scotland’s consumption emissions have not meaningfully reduced in the last 20 years… 4/10
Principles of global equity and justice mean that Scotland’s fair slice of the global carbon budget is just a few hundred million tonnes of CO2, which is less than ten years of Scotland’s emissions at current levels. 5/10
Scotland’s current plans disregard principles of global equity and justice, as they take a slice of the carbon budget 2-3 times bigger than what is fair.

Negative emissions technologies cannot be relied on to make up the difference at that scale. 6/10
UK and Scottish climate ‘leadership’ stories are hot air. They present success as being slightly less inadequate than other countries that are failing. 7/10 https://t.co/LBpjZaM6cT
Annual emissions reductions of 10% per year are needed in Scotland immediately, to achieve 75% reduction by 2030.

Scotland’s wealthy high emitters must reduce more than 10% each year.

Real zero energy is needed by 2035.

8/10
Needed rapidly in 10-15 years⏲️
Home retrofits & new homes at Passivhaus standards🏘️
Phase out gas heating🔥
Shift from cars to public transport and active travel🚴‍♀️
Frequent flyer levy🛬
Huge electrification with renewables⚡️
Phase out of oil and gas, with just transition⛽️
9/10
Not easy, but there are opportunities: new jobs, better air quality, reduced fuel poverty, improved public health, and a focus on working for public services.

This is what it means to show international leadership at #COP26 and to deliver the Paris Agreement.

10/10
In case of interest @jamiedmaxwell @patrickharvie @AdamRamsay @TyndallManc @GCUclimatejust @MMikulewicz @JessCHope @keithalexander @markballard27 @markruskell @TransformScot @ScotGovClimate @COP26_Coalition

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A THREAD ON @SarangSood

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.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


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.


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.
“We don’t negotiate salaries” is a negotiation tactic.

Always. No, your company is not an exception.

A tactic I don’t appreciate at all because of how unfairly it penalizes low-leverage, junior employees, and those loyal enough not to question it, but that’s negotiation for you after all. Weaponized information asymmetry.

Listen to Aditya


And by the way, you should never be worried that an offer would be withdrawn if you politely negotiate.

I have seen this happen *extremely* rarely, mostly to women, and anyway is a giant red flag. It suggests you probably didn’t want to work there.

You wish there was no negotiating so it would all be more fair? I feel you, but it’s not happening.

Instead, negotiate hard, use your privilege, and then go and share numbers with your underrepresented and underpaid colleagues. […]