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Putin Lays Cards Down: Approve Nord Stream 2 To Get More Gas
Putin Lays Cards Down: Approve Nord Stream 2 To Get More Gas Russia could immediately increase natural gas deliveries to Europe as soon as German authorities approve the Nord Stream 2 pipeline, the Financial Times reports, citing President Vladimir Putin as saying gas can be delivered “the day after tomorrow” if approval is granted “tomorrow”. Putin […]
The “New Energy Economy”: An Exercise in Magical Thinking
The “New Energy Economy”: An Exercise in Magical Thinking EXECUTIVE SUMMARY A movement has been growing for decades to replace hydrocarbons, which collectively supply 84% of the world’s energy. It began with the fear that we were running out of oil. That fear has since migrated to the belief that, because of climate change and […]
Chokepoint democracy: Workers capitalize on global system weak spots
Chokepoint democracy: Workers capitalize on global system weak spots In his book Carbon Democracy Timothy Mitchell attempts to explain the rising and falling political power of the working class in terms of the evolution of the world’s energy system. The first fossil fuel, coal, required hoards of men (and it was almost exclusively men) to bring […]
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble/File Photo LONDON, Oct 21 (Reuters) – Britain’s energy market faces an absolute massacre that could force at least 20 suppliers into bankruptcy in the next month alone unless […]
Steve St. Angelo: The World is Heading For An Energy Cliff
Steve St. Angelo: The World is Heading For An Energy Cliff
These Countries Are The Most Reliant On Coal
These Countries Are The Most Reliant On Coal Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China. As Statista’s Katharina Buchholz notes, shortages are happening because economic activity is picking up as coronavirus numbers have remained stable in most countries, while at the same time coal production is sinking due to weather […]
Green Policies Return the World to Coal
Green Policies Return the World to Coal There’s scarcely a place in the modern world that will not be feeling the high cost and discomfort of a shortage of energy supplies and their increasingly soaring prices. Lebanon already is. Due to a shortage of oil, the two power plants that supply 40% of that country’s electricity […]
Coal Generation In UK Jumps As Wind Speed Drops
Coal Generation In UK Jumps As Wind Speed Drops Coal met some 3 percent of the UK’s electricity demand on Friday morning, reaching its highest level of Britain’s power generation in one month, amid lower wind speeds this week and an outage at a gas-powered plant, Bloomberg reports. The last time the UK generated 3 percent […]
Power Grid Failure Remains A Game-Changer
Power Grid Failure Remains A Game-Changer When the power grid fails, modern life rapidly grinds to a halt. This game-changer is an issue we must seriously recognize. Whether we are talking about the grid or soaring electricity cost one thing is very clear, we are very dependent on electricity. This article should be considered a […]
Europe’s Energy Crisis Is a Warning Sign for America
A tanker is stocked with fuel as workers walk past at the Hamble oil refinery near Southampton, southern England, on Oct. 4, 2021. (Adrian Dennis/AFP via Getty Images) Europe’s Energy Crisis Is a Warning Sign for America An energy crisis is rocking the world, the likes of which we haven’t seen since the 1970s. Although headlines about […]
Feynman’s Law writ large
Feynman’s Law writ large Elizabeth Holmes, Chairman and CEO of Theranos, is a living archetype for the modern age. Lauded by upmarket glossy magazines and heralded as a symbol of modern feminism, Holmes was the world’s first female tech billionaire. In the tradition of Apple’s Steve Jobs and Tesla’s Elon Musk, Holmes was a driven individual determined to […]
Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change
Here is The Hidden $150 Trillion Agenda Behind The “Crusade” Against Climate Change We now live in a world, where bizarro headlines such as the ones below, have become a daily if not hourly occurrence: *TREASURY TO STUDY IMPACT OF CLIMATE ON HOUSEHOLDS, COMMUNITIES *TREASURY LAUNCHES EFFORT ON CLIMATE-RELATED FINANCIAL RISKS *BRAINARD: CLIMATE-SCENARIO ANALYSIS WILL […]
Here’s Why Energy Prices & Shortages Are Going Berserk | Art Berman
Here’s Why Energy Prices & Shortages Are Going Berserk | Art Berman Energy is suddenly headline news. Oil, which traded at negative prices for a brief moment last year due to the global economic slowdown caused by the pandemic, is now expected by a number of analysts to hit $100/barrel soon. Europe is worried about […]
Oil settles up 1.5%; hits multi-year highs on surging demand
Oil settles up 1.5%; hits multi-year highs on surging demand Oil prices surge, adding to global energy crunch BENGALURU, Oct 11 (Reuters) – Oil prices jumped on Monday to the highest levels in years, fuelled by rebounding global demand that has contributed to power and gas shortages in key economies like China. Brent crude rose […]
