Oh would you look at that, #germany is now back in #favour of #nuclear #power https://www.zerohedge.com/political/unex.. This aparrently is because it is seen as better than #coal .
It looks like #india may experience issues with #electricity #supply due to low amounts of #coal #stocks https://www.zerohedge.com/markets/indias.. Interesting to say the least, this will cause some problems for sure.
Looks like we are at the end of #cheap #food now: https://www.zerohedge.com/geopolitical/e.. Everything that #food relies on, #natural #gar , #coal , #fertilizer , etc, has all gone up. There is no way #food #prices do not increase with it.
#covid #lockdowns have now caused a #global #recession , which has now caused more Countries to use #coal again: https://www.zerohedge.com/energy/across-.. So #covid killed the #climatechange #project .
Looks like #china 's #ccp is now #paying for #russian #coal in #yuan - meaning they have now picked a side despite saying they were " #neutral ": https://www.zerohedge.com/commodities/fi.. You *cannot* be a neutral entity when you're #financially #incentivized to let one side #win . Obviously, #ukraine doesn't #trust them either.
#china 's #ccp #confirmed to be #buying #russian #coal and #oil in #yuan https://www.zerohedge.com/geopolitical/b.. This perhaps will mean that #biden will #sanction #china as he #promised he would - although it would be #devastating to the #us #economy ...
Apparently the #cop 26 #president wants #china and #india to #justify their watering down of language regarding #coal #goals https://www.irishtimes.com/news/environm.. Here's the thing: If #climatechange *is actually* the #extinction level event that people keep telling us, and these #countries are standing in the way, then eventually they will be forced to go to #war . It's as simple as that.
#china 's #ccp have an enormous #energy #crisis on their hands, they are now expected to have tonnes of #blackouts - they simply do not have enough #coal to support this severe #weather https://www.zerohedge.com/markets/china-.. Damn.
Looks like the #energy #crisis in #india will now only get worse: https://www.zerohedge.com/commodities/in.. Only 8 days left of #coal for 80% of the #supply , 50% with only 2 days left.
I never considered #uranium as a #precious #metal before, but it makes sense to hold it given how little there is and how #valuable it is to the #energy #industry https://www.zerohedge.com/markets/most-a.. Makes just as much sense as #coal at this point, perhaps even more so as #countries struggle with the #energy #crisis and have been forced to buy tonnes of #coal at terrible rates.
Oh shit, #china 's #ccp is definitely going to miss #gdp #growth targets: https://www.zerohedge.com/commodities/ch.. Their #coal #mines just got seriously #flooded at a time when they desperately needed more #coal - which is 30% of #china 's entire #supply ... #coal #futures have rocketed in response. This will be bad...
Woah, #coal #prices *rising #exponentially right now* - definitely be concerned: https://tradingeconomics.com/commodity/c.. As others have pointed out, this is likely from rising #oil and #gas prices, which in turn are from a result of #green #energy and increased #production now that we're out of #covid #lockdowns ...
#india now hit with #power #blackouts as the #energy #crisis continues to spread, with a massive #coal #shortage https://www.zerohedge.com/energy/india-f.. This is not going to get better any time soon. Some #industries cannot even take a one day break from #electricity without having some multi-month #delay in #production capability (think #chip #shortage ).
@barray on Wed Oct 06 01:40:16 UTC 2021 said: &eI'm not sure if anybody from #australian #politics reads this, but this is *exactly* what I meant about using their position of power regarding #china 's need for #coal #imports https://www.zerohedge.com/geopolitical/c.. #australia is now putting #pressure on #china 's #ccp by strengthening #relations between them and #taiwan ... #china are of course shouting #threats - but they have #noclothes !#china literally has zero choice but to #buy #australia 's #coal #supply - despite having ongoing #political #issues https://www.zerohedge.com/commodities/ch.. #australia should squeeze them too, they are #desperate for #energy right now. Up the #prices and then release a #political #statement that #demoralises them - that's what they would do to you.
#china literally has zero choice but to #buy #australia 's #coal #supply - despite having ongoing #political #issues https://www.zerohedge.com/commodities/ch.. #australia should squeeze them too, they are #desperate for #energy right now. Up the #prices and then release a #political #statement that #demoralises them - that's what they would do to you.