Category Archives: Energy markets

How Much Energy Does ChatGPT’s Newest Model Consume?

ChatGPT’s environmental destructiveness is increasing by leaps and bounds.

James Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check

James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access

The Trump Route in the Southern Caucasus: Setting Events in Motion

The Trump Route for International Peace and Prosperity through Armenia is less about economics, infrastructure, and the Nobel Peace Prize than it is about the US specialty of destabilization.

Michael Hudson: Europe’s Surrender

Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS

The China Shock Hits Germany

How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.

Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South

If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?

Europe’s Energy Future Hinges on Global Powers

The EU’s energy transition goals (and so much else) are becoming increasingly reliant on trade and tariff policies from the US and China.

Unexpected China Factory Contraction Confirms Deflationary Headwinds, Overcapacity

China’s leaders admit to widespread overcapacity, such as in EVs and solar panels. Faillure to solve it could generate Japan-style deflation

Consumers Are Footing the Bill for AI’s Insatiable Appetite for Energy

The energy cost of AI is probaby vastly higher than you realized, and will be showing up soon in your power bills.

South America’s Sovereignty Is Being Lost in Big Tech’s Clouds

How South America and the Global South generally are selling out their automony and the promise of multipolarity for Big Tech convenience

The EU-US Trade Deal: Von der Leyen Just Subordinated the EU as the US’ Largest-Ever Vassal State

The EU submits to Trump on trade and accepts further insult via required US investment and energy purchases

U.S. Inches Closer to Causing Major Caucasus Crisis With Offer to Administer Transport Corridor Between Turkey and Azerbaijan

Moscow takes measures against Baku and Yerevan to warn against corridor move that would upset regional balance and be blow to Iran and Russia.

Dutch Industry Buckles Under Energy Transition and Global Pressure

High energy costs in Europe, largely due to sanctions against Russia, has spread the gangrene of de-industrialization to the Netherlands

“Europe Won’t Need Russian Gas in the Future”

Europe celebrates its economic suicide by continuing down the path of achieving independence from cheap Russian gas.

Trump Just Gave a Huge Gift to China’s Economy

The GOP’s huge new tax and spending law will make it even harder for U.S. companies to compete in clean technologies.