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China’s coal power boom is more complex than it seems

BLOOMBERG Last year, although it built few new coal power plants, China permitted more than it had since 2015: 106 gigawatts’ worth. That’s more than six times the amount of coal power permitted in 2022 across the rest of the world. Those are big numbers. But the findings from the Centre for Research on Energy and Clean Air, a Finland-based ...

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UK workforce crisis to get worse over changing demographics

BLOOMBERG Britain’s chronic problem with people dropping out of the workforce will only get worse over the next three years because the population is changing shape, according to the Office for National Statistics (ONS). By 2026, there will be 726,000 more inactive people in the UK aged 16 to 64 than before the pandemic, the government’s statistics office said. The ...

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Tesla China sales rise as executives dismiss demand, trade concerns     

BLOOMBERG Tesla Inc’s shipments from its China factory climbed in February as price cuts attracted buyers and consumer spending kicked back into gear following massive Covid outbreaks across the nation in January. The US electric vehicle pioneer delivered a total of 74,402 vehicles from its Shanghai facility last month, preliminary data from China’s Passenger Car Association showed. That’s a 32% ...

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