Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

China Sidesteps Solar Targets In New Five-Year Plan China’s latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg. Released during the annual National People’s Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhere in the energy mix, including plans to double offshore wind capacity and expand nuclear and pumped-hydro power. Solar receives relatively little attention overall, while policymakers instead emphasize broader transition initiatives such as zero-carbon industrial...

Global Energy Crisis Or Iranian Surrender In Five Weeks? Authored by Brandon Smith via Alt-Market.us The last time global energy markets witnessed a shock similar to what we might see this year was during the 1973 Arab Oil Embargo. Tensions were escalating in the aftermath of the Yom Kippur War when the Arab Coalition launched a surprise attack against Israel. OPEC nations joined forces to cut off oil to Israeli allies including the US. This froze around 15% of oil exports to America, triggering market speculation, hording and price inflation. The infection...

Soaring Prices Set To Crash China's LNG Imports To 8-Year Low Submitted by Tsvetana Paraskova of OilPrice.com Surging LNG prices amid the war in the Middle East are set to lead to the lowest monthly LNG imports into China in eight years as Qatari and UAE supply is off the market and Chinese buyers look to raise supply from domestic gas production and pipeline deliveries. China is on track to import about 3.7 million tons of LNG in March, per tanker-tracking data by Kpler cited by Bloomberg. That would be the lowest...