Category Archives: Energy markets

Global Fossil Fuel Subsidies Skyrocket To $7 Trillion

The IMF made a comprehensive tally of fossil fuels subsidies. Both the level and the trajectory are sobering.

Danny Haiphong: Pepe Escobar and Michael Hudson Join on BRICS Plus Six, Ukraine, and the Multipolar World Economy!

Danny Haiphong talks to Michael Hudson and Pepe Escobar about hot mulitipolarity topics, particularly BRICS and its “currency” plans

Technotage on the Rise? More Efforts to Stymie Job-Threatening, Sometimes Hazardous “Innovations”

Ant-technology action, or technotage, seems to be increasing. Is this a trend or just coincidence?

As Offshore Wind Ramps Up, Scientists Flag Potential Impacts

Offshore wind farms can create their own local climates and may alter currents. How does that affect marine ecosystems?

Fed Ponders How Quickly to Try to Inflict More Pain on the Economy to Get Inflation to 2%

Debates inside and outside the Fed as to what it should do next about inflation pick up as its annual Jackson Hole conference approaches.

China And Russia Execute A Pincer Movement Around Iraq’s Biggest Oil Assets

China and Russia oil plays in and around Iraq provide further evidence that the US has lost its touch in the hegemony game.

How German Foreign Minister’s Cancelled Trip Due to Plane Problems Is Symbolic of Country’s Decline

The fact FM Baerbock had to cancel trip and fly home commercial is a useful metaphor for Berlin’s recent rash of self-inflicted wounds.

European Gas Price Spike Highlights Painful Exposure To Global Markets

A strike in Australia could reduce global LNG supplies by 10%. European energy security is not what it used to be.

The Overlooked Role of the Financial Crisis in the Subjugation of Europe

Europe faces permanent economic diminution thanks to following US sanctions But did the financial crisis pave the way for this self-sabotage?

Oil, Gas, Wages, Interest Rates: Biden’s Other 2024 Risks

A supposedly good economy has not helped Biden much and trends such as oil prices do not look to be in his favor.

Energy Destinies – Part 8: Pathways

Satyajit Das concludes his series on the future of energy by looking at curbing demand, aka radical conseration.

Two Overlapping Takes on Inflation

MMT backer Richard Murphy and London finance organ City A.M. have surprisingly simliar views on the causes of inflation but differ on remedies

Going on a Big Energy Diet: Will the Status of Women Be a Casualty?

Will coming energy crunch roll back women’s gains?

Will China Ever Be Able To Kick Coal?

Despite its heavy investment in renewables, China’s reliance on coal remains high due to its perceived reliability and concerns over the potential economic and political instability that could arise from phasing out coal.

Revealed: Fossil Fuel Giants Are Using British Influencers to go Viral

Some badly-needed naming and shaming of soi-disant influencers who ran undisclosed advertorials for dirty energy companies