World Energy Outlook 2022 shows the global energy crisis can be a historic turning point towards a cleaner and more secure future

The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest edition of the IEA’s World Energy Outlook.

World Energy Outlook 2022 shows the global energy crisis can be a historic turning point towards a cleaner and more secure future

German lawmaker joins talks with Taiwan’s president, criticises Chancellor Olaf Scholz’s ‘unilateral’ China policy

German lawmaker joins talks with Taiwan’s president, criticises Chancellor Olaf Scholz’s ‘unilateral’ China policy (Yahoo)

“I think we could have avoided this if the chancellor had followed the outline that we laid down together. One year ago, we said that Germany’s China policy must be strongly integrated with the US-China policy,” he added, stressing that the “coalition contract” also supports Taiwan’s democracy against “China’s aggression” and its “meaningful participation in international organisations”.

Over the past two decades, business interests have heavily influenced the country’s China policy. Last year, their combined exports and imports stood at more than US$255 billion, making China Germany’s top trading partner for the sixth straight year.

Germany is dependent on China for solar panels, computer chips, rare earths and other critical minerals. The bilateral trade directly supports more than 1 million German jobs.

Germany’s top 10 listed companies are reliant on China for a significant share of their revenues. According to the Rhodium Group, a New York-based research institute, automakers BMW, Mercedes-Benz and Volkswagen and chemical giant BASF accounted for one-third of all EU investments in China in the past four years.

The Greens are idiots!

NATO in the Amazon: Petro Plays with Fire

By Roger D. Harris on October 26, 2022

NATO recently expanded to Sweden and Finland, has been de facto incorporated in Ukraine, and may extend to Georgia. Now, NATO’s entry into the Amazon is in the works under the aegis of newly elected President Gustavo Petro of Colombia.

NATO in the Amazon: Petro Plays with Fire

Related:

The US warns Petro of the danger of falling into the hands of China:

The Government of Colombia replies to Washington that if it wants to prevail over Beijing, it must finance the purchase of land from ranchers to distribute among the peasants

Quid pro quo?!

BASF seeks ‘permanent’ cost cuts at European operations

FRANKFURT – BASF said costs at its European sites must be cut to a “permanently” smaller size because of a triple burden of sluggish growth, high energy costs and over-regulation, with the German industrial giant’s boss throwing his weight behind a planned expansion in China.

BASF seeks ‘permanent’ cost cuts at European operations

Brandon’s handlers are going to be disappointed! Businesses are supposed to move to the US! Time to twist Olaf’s arm (again)! Maybe tell him that Germany needs to decouple from China, as well?! /s