Power shortages in China may cause world food and commodities prices to surge

China is looking at a difficult harvest season as a severe energy crunch hurts the outlook for production — a development that can trigger another surge in food prices. The autumn harvest in China is underway, but with power shortages in industrial hubs, authorities see slow processing growth. This is especially true in the northeastern provinces of Jilin, Liaoning … Continue reading Power shortages in China may cause world food and commodities prices to surge

If green energy is so amazing, why is California’s power grid about to crater?

Promises of total independence from fossil fuel energy in the “green”-leaning Golden State are being broken, as grid operators throughout California are now having to ask customers to use as little energy as possible during peak hours in order to keep the electricity grid from completely collapsing. Reports indicate that, due to a persistent “heat dome” that’s … Continue reading If green energy is so amazing, why is California’s power grid about to crater?