In China – now the world’s largest energy consumer according to the International Energy Agency – most of the power comes from coal (about 65%). The rest comes from a combination of renewables, geothermal, nuclear, gas, oil and hyrdo electricity. When you’re the world’s largest consumer of energy, every little bit helps. But how about a look in pictures to literally change your perspective? The chart below shows the world in terms of nuclear energy generated for domestic electricity consumption…
July 21st, 2010 | The Daily Reckoning | 15 comments | ContinuedAll Posts Tagged With: "power"
The Corruption of Finance and the Rise of Power
Let’s talk about power today. Where does it come from? From the barrel of a gun? From a lump of coal? From the sun? …..More on power and energy tomorrow. Australia doesn’t have the same public debt problems as other countries. But it depends on those countries for access to capital. That’s a weakness. But its massive energy abundance is strength and a real boon to investors.
July 20th, 2010 | Dan Denning | 4 comments | Continued
Why Do Men and Women Want Money and Power?
At least as practiced by the leading macroeconomists of our time – such as Ben Bernanke, Tim Geithner and Larry Summers. It’s just a show-off sport…the idea is to impress the world with some fancy data-heavy formula…win the Nobel Prize and save the world.
September 9th, 2009 | Bill Bonner | 0 comments | Continued
Bankers Pull Another Fast One
Everybody wants to kick the bankers when they are on the ground. Heck, we’d do it too…but the crowd around them is so thick; we can’t get a boot in edgewise. Besides, there are bigger charlatans still standing. After all, bankers were just doing their jobs – separating fools from their money. What about those who were supposed to be protecting the fools?…
February 16th, 2009 | Bill Bonner | 5 comments | Continued
