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A World Running On Empty: The Decline Of Fossil Fuel Supply | ZeroHedge

Authored by Gail Tverberg via Our Finite World blog,

  • Analysis of 2023 Statistical Review of World Energy data shows constrained global supplies of fossil fuels like oil, coal, and natural gas, particularly in inter-regional trading.

  • Constraints in supply are affecting energy prices, making them highly variable and less affordable for consumers, thereby affecting the global economy, including industries like manufacturing.

  • The cost-intensive infrastructure (more…)

Continue ReadingA World Running On Empty: The Decline Of Fossil Fuel Supply | ZeroHedge

German Electricity Imports Hit New Record As Nuclear Phase-Out Increases Production Cost | ZeroHedge

Authored by Thomas Brooke via Remix News,

Despite closing its nuclear power plants to focus on renewable energy production, more than a fifth of imported electricity last month was produced from nuclear power…

Germany is importing more electricity than ever before after purchasing a record 6,505 gigawatt hours from abroad in August, according to the Federal Network Agency.

The federal government has replaced much of the electricity produced by its recently closed (more…)

Continue ReadingGerman Electricity Imports Hit New Record As Nuclear Phase-Out Increases Production Cost | ZeroHedge

BYD & Tesla Dominate Global EV Sales | ZeroHedge

Some of the world’s leading car makers are among the exhibitors at IAA Mobility 2023 in Munich this week, where the electric future of mobility will once again take center stage.

While German legacy car brands such as Volkswagen, Mercedes and BMW will try to make an impression on their home turf, they have fallen behind in the transition to electric cars lately, as they understandably continue to work on international combustion engines as well, while smaller, more specialized (more…)

Continue ReadingBYD & Tesla Dominate Global EV Sales | ZeroHedge