Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills
Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills Prime minister to lead nation in a minute’s silence to honour the Queen’s legacy ahead of funeral. Liz Truss is facing a political and economic baptism of fire this week with warnings of mass bankruptcies across the economy – even as […]
Global ‘Stilling’: Is Climate Change Slowing Down the Wind?
Global ‘Stilling’: Is Climate Change Slowing Down the Wind? As carbon dioxide levels rise and the Earth’s poles warm, researchers are predicting a decline in the planet’s wind speeds. This ‘stilling’ could impact wind energy production and plant growth and might even affect the Gulf Stream, which drives much of the world’s climate. Last year, […]
Powell: A Breathing Weapon of Mass Destruction
Powell: A Breathing Weapon of Mass Destruction Below we track how the Powell Fed serves as a contemporary weapon of mass destruction. Powell’s so-called “war against inflation” will fail, but not before crushing everything from risk asset, precious metal and currency pricing to the USD. As importantly, Powell is accelerating global market shifts while sending a death […]
Intense heat and flooding are wreaking havoc on power and water systems as climate change batters America’s aging infrastructure
Intense heat and flooding are wreaking havoc on power and water systems as climate change batters America’s aging infrastructure The 1960s and 1970s were a golden age of infrastructure development in the U.S., with the expansion of the interstate system and widespread construction of new water treatment, wastewater and flood control systems reflecting national priorities in public […]
Energy Shock
ENERGY SHOCK The world is in energy shock. European imported coal prices increased 421% before Russia invaded Ukraine. German electric power price increased 518%. European natural gas jumped 765% and Asian spot LNG, 957%. Since then, it’s gotten even worse. U.K. natural gas futures price has increased +$99.86 (+574%) from $17.41 to $117.27 per mmBtu […]
The Hilarious Reason Europe Won’t Freeze This Winter
The Hilarious Reason Europe Won’t Freeze This Winter https://youtu.be/ALQg5wmhIVE
Angry Customers Demand Explanation As German Energy Bills Soar
Angry Customers Demand Explanation As German Energy Bills Soar Utilities in Germany have had to handle a surge in customer service calls in recent weeks from clients angry or desperate about their sky-rocketing energy bills, Reuters reports. The biggest utility, E.ON, has ramped up its capacity to handle calls from consumers who are shocked to find […]
Europe Cannibalized
Europe Cannibalized Abandoned industrial building. Image credit: Pixabay Europe is in the process of losing its industry. It didn’t start this year, it was already going on for decades now. However, in 2022 the process has switched from a long slow grind to a considerably higher gear. Energy is the economy. This is the key point in […]
5 Reasons Not to Predict the End of the World
5 Reasons Not to Predict the End of the World “Everyone, deep in their hearts, is waiting for the end of the world to come.” — Haruki Murakami So you want to talk about the end of the world without sounding like a crank? Rule #1 should be: Don’t predict when it will happen. A lot […]
Approaching peak phosphorus
Approaching peak phosphorus Any long-term solution to the projected decline in phosphate supply must involve improving phosphorus use efficiency in crop plants. In times of rising food prices and global food insecurity it is important to remember the basic needs for productive and efficient agriculture. One of these needs is the use of fertilizer. While […]
IMF Chief: Harsh Winter May Spark Social Unrest In EU Amid Energy Crisis
IMF Chief: Harsh Winter May Spark Social Unrest In EU Amid Energy Crisis A number of countries in Europe may experience social unrest if the upcoming winter is harsh amid an economic crisis, the head of the International Monetary Fund (IMF) warned on Wednesday. “There is certainly fear of recession in some countries, or even if it is not […]
A Few of the Things We Can Do On the Way Down From Peak Humanity
Photo by Michiel Annaert on Unsplash A Few of the Things We Can Do On the Way Down From Peak Humanity I think we’re done. Well, almost. I saw the first movie The Matrix when it came out in theaters. I remember how they depicted the height of humanity in 1999. I remember how I felt watching the […]
Europe’s Natural Gas Shortage Could Trigger A Food Crisis
Europe’s Natural Gas Shortage Could Trigger A Food Crisis Energy crises impact nearly every aspect of our lives, and that is particularly true of food markets, with food production next year expected to be severely threatened. About 70 percent of the cost of fertilizer production is solely the price of natural gas, and as the […]
TERRIFYING Report That Sent All Markets Crashing! (Stocks, Bonds, Crypto & Gold )
TERRIFYING Report That Sent All Markets Crashing! (Stocks, Bonds, Crypto & Gold )
