In a world grappling with climate change, China’s role in the clean energy transition is under intense scrutiny. Last year, the nation installed an impressive 217 gigawatts of solar power, prompting climate watchdogs to predict […]
The bloc’s 13th package of economic restrictions on Moscow will reportedly impact companies from third countries for the first time Beijing rejects “illegal sanctions” and will defend the interests of its companies, the Chinese […]
LME copper prices are now close to where they were a year ago. Prices have fallen throughout 2023 as global monetary tightening has weighed on developed economies. The short-term demand outlook for the red metal […]
Daily Standup Weekly Top Stories Orsted’s strategic shake-up has investors worried February 4, 2024 Stu Turley Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting […]
The much improved (or rather less horrible?) trade deficit was one of the reasons GDP was much stronger than expected. By Wolf Richter for WOLF STREET. The US trade deficit in goods and services in the year 2023 […]
In a nutshell Worldwide coal capacity and consumption continue to climb Asian demand growth is outpacing cuts in Western economies China’s appetite for transitioning from coal will set the global pace Despite the climate pledges […]
Copper prices rose for the first time in five sessions on Tuesday, buoyed by the efforts of China to stabilize its markets as well as a weaker dollar and a drop in LME inventories. […]
Daily Standup Top Stories After scrapping nuclear reactors, Germany to spend billions on new gas power plants February 5, 2024 Mariel Alumit Berlin has agreed to spend €16 billion to build four major natural gas plants […]
China has opposed green projects by the UN’s flagship climate fund because their documents mentioned the risk of forced labour in the Chinese-dominated supply chains of solar panels. At a meeting of the Green Climate Fund (GCF), China’s board […]
Morocco has emerged as the major winner from the competition engaged between the United States and China for control of the supply chain of critical minerals, used in clean energy transition and electric vehicle (EV) […]
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