Germany Warns of Lehman Brothers-Style Financial Collapse if Gas Crisis Continues
Germany is facing a “Lehman Brothers” collapse that could spark a domino effect leading to a severe recession, the economy minister warned.
Germany is facing a “Lehman Brothers” collapse that could spark a domino effect leading to a severe recession, the economy minister warned.
The premier of China’s State Council, Li Keqiang, “urged” energy officials to ramp up coal production this week to stave off electricity blackouts across several Chinese provinces experiencing record power usage during a regional heatwave, the U.K.’s Guardian newspaper reported on Friday.
The heatwave in northern and central China grew even worse on Wednesday, with temperatures of 105 degrees and higher reported. Shandong, one of the most populous provinces in China, bumped several of its cities to the highest level of heat alert.
Germany’s Finance Minister has called for the country to keep using nuclear power to ease the ongoing energy crisis, despite one energy tsar in the country labelling it “backwards”.
The government of India this weekend followed up on its feisty refusal to apologize for buying huge amounts of Russian oil by refusing to apologize for buying huge amounts of Russian coal.
Germany’s leftist Chancellor’s plan to phase out nuclear during an ongoing energy crisis has been slammed as “complete nonsense”.
Climate crazy Germany is now being forced to burn coal for the purpose of generating energy after Russia dramatically reduced the country’s supply of gas.
India’s Commission for Air Quality Management (CAQM) on Wednesday published a timeline for eliminating the use of coal for both industrial and household fuel in the national capital of Delhi and its suburbs. The plan calls for replacing coal with natural gas beginning on October 1.
The Swedish Parliament has voted to ban any new extraction of oil, natural gas or coal as some right-wing parties have slammed the move as impairing Sweden’s ability to have a secure supply of energy. Sweden’s Parliament, the Riksdag, has
The state-run Coal India will soon import coal for use in public utilities to offset the effects of a nationwide power shortage in April, Reuters reported on Saturday citing a letter by India’s federal power ministry issued that same day. “Coal
A shortage of gas triggered by Russia could leave six million without power, the govt asks coal stations it ordered close to remain open.
Prime Minister Boris Johnson has said that the still will “put our arms around the British people again as we did during Covid” amid the cost of living and inflationary crisis.
Mozambique’s energy ministry recently said it will not comply with a United Nations (U.N.) campaign seeking to pressure countries worldwide to abandon their coal industries for supposedly “cleaner” energy options, the state-run Mozambique News Agency (AIM) reported on Wednesday.
The past two years have been a comprehensive disaster for the environmental movement, from the pandemic shattering Green New Deal illusions of what a “sustainable lifestyle” might look like, to polluting powerhouses like China and India burning literal mountains of coal without the slightest concern for the climate change movement.
China, the world’s worst polluter, has been dramatically increasing its coal consumption without much criticism from the climate change movement. Now the Indian government is urging its states to increase coal imports for the next three years to meet rising energy demands and create an emergency stockpile.
Michigan’s effort to end coal production and replace it with solar energy is being aided by a woke public utility that will halt it by 2025.
New explosions rocked a coal mine in southern Poland Thursday, injuring 10 rescuers who were preparing to search for seven missing people.
Chinese state media announced on Wednesday that coal production will be increased by a whopping 300 million tons in 2022 to “ensure energy supplies,” making a mockery of Beijing’s breezy promises to climate change activists.
Members of Greenpeace and Extinction Rebellion in Finland blocked a train they say contained Russian coal from reaching a port.
The European Union is poised to ban Russian coal in the first sanctions on the vital energy industry over the war in Ukraine.
The United States, United Kingdom and the European Union were set Wednesday to impose new punishing sanctions targeting Russia.
A pair of German climate protesters who blocked entry to a major Australian seaport have been arrested, had their visas canceled and on Thursday were being readied for immediate deportation after a court appearance.
A globalist climate change organization in the U.K. published an analyis that calls for rich countries to ditch fossil fuels by 2034.
The pain of soaring gas prices must be endured because any wider embrace of fossil fuels as an alternative is “madness” and threatens global climate targets, U.N. Secretary-General Antonio Guterres cautioned Monday.
Germany is considering reopening some of its decommissioned coal power plants in the hopes of getting a handle on its ongoing energy crisis.
The global bank of Credit Suisse in the last two years has defunded the oil, gas, and coal industries by 41 percent due to Democrat-pushed theories of global warming.
The United Nations issued a report on Monday warning that “billions” of people are in danger from the weather.
The website oilprice.com posted an analysis about how the push for green energy years before Russia invaded Ukraine – and on steroids since Joe Biden became president – is to blame for soaring oil prices and foreign policy weakness.
The governments of China and Russia are developing an agreement that would see Beijing purchase 100 million metric tons of coal from Moscow, the Kremlin announced on Friday.
Liu Youbin, a spokesman for China’s Ministry of Ecology and Environment, on Monday promised “administrative measures” would be taken to clean up the heavy cloud of smog that has descended over the city of Beijing on the eve of the 2022 Winter Olympics.
On Monday’s edition of Peacock TV channel The Choice’s “Zerlina,” Rep. Sean Casten (D-IL) discussed Sen. Joe Manchin’s (D-WV) opposition to the Build Back Better reconciliation bill and stated that people in West Virginia “need something other than coal. Because they
Law enforcement arrested a man connected to the disappearance of the Snow College student named Madelyn Allen in Utah.
Communist China frequently placates climate activists by promising to cut pollution in the 2030s and strive for “carbon neutrality” by 2060.
China’s state-run Global Times on Thursday announced the creation of a “special relending facility worth $31.6 billion to support the clean and efficient use of coal.” Chinese industry burns a titanic amount of coal, and is burning even more than usual at present to cope with a major energy crisis, to the growing displeasure of climate activists.
Indian officials on Wednesday announced six of the eleven coal-fired power plants around New Delhi have been shut down in a bid to reduce air pollution, which has grown so oppressive that schools are closed, construction work has been banned, and a full lockdown of the city is under consideration.
The show is over. It ended, appropriately enough, with the absurd spectacle of a man shedding crocodile tears over the failure to ban coal.
Saule Omarova, the Cornell law professor that President Joe Biden nominated to be the Comptroller of Currency, declared war on fossil fuels.
South Africa on Monday declined to sign a commitment to end financing for coal production within 30 years, joining a growing list of countries that are refusing some of the United Nations’ most burdensome climate change demands – a list headed by the world’s worst polluter and largest burner of coal, China.
China’s state-run Global Times boasted on Monday – day seven of the COP26 climate conference in Scotland – that coal output has reached “the highest level in recent years,” so China’s vast array of carbon-spewing coal-fired power plants can “ensure energy supply security and residential heating during the winter.”
Australia has no intention of ending the sale of coal and intends to continue doing so for “decades into the future,” the COP26 climate conference in Glasgow learned Monday.