#china-energy-security

#china-energy-security

"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."

Citi's upgrade reflects a broader geopolitical reality reshaping global energy markets. The Iran war is accelerating the flight of European and Asian buyers toward secure, long-term U.S. LNG supply contracts.

South Korea has launched a nationwide energy-saving campaign, enforcing an odd-even vehicle restriction system for public-sector cars based on licence plate numbers. Authorities urge voluntary compliance from private vehicle owners.

The January 3rd Operation Absolute Resolve ousted Venezuelan Dictator Nicholas Maduro, marking a significant shift in US policy towards countering adversarial influence in the western hemisphere.

"These include some of the most ecologically intact and biodiverse lands in the country," said Jenny Rowland-Shea, highlighting the importance of preserving national parks amidst proposed budget cuts.

India remains "vulnerable" and lacking in energy security until it can produce at least 50% of its own oil. Billionaire industrialist Anil Agarwal believes India can grow to produce enough oil to meet 30% of its domestic demand within a few years.

We stand ready to take all necessary measures in close coordination with our partners, including to preserve the stability and security of the energy market, said the G7 in a statement after a teleconference.

"But if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately 'Open for Business' we will conclude our lovely 'stay' in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island..."

Devastating wildfires, flooding and winter storms were among the 23 extreme weather and climate-related disasters in the US which cost more than a billion dollars last year at an estimated total loss of $115bn. The last three years have shattered previous records for such events. Last Wednesday, scientists said that we are closer than ever to the point after which global heating cannot be stopped.

Coal power generation fell in China and India for the first time since the 1970s last year, in a historic moment that could bring a decline in global emissions, according to analysis. The simultaneous fall in coal-powered electricity in the world's biggest coal-consuming countries had not happened since 1973, according to analysts at the Centre for Research on Energy and Clean Air, and was driven by a record roll-out of clean energy projects.

[The Trump administration] may have entered the office thinking that they could use their economic leverage to push China in certain policy directions," said Amanda Hsiao, a China studies director at the Eurasia Group consultancy.