China is building two-thirds of the coal-fired electricity generation capacity currently under construction globally, and this may not be as disastrous for the climate as it sounds. The world's largest producer and importer of coal has 136.24 gigawatts (GW) of coal-fired generation under construction, according to data released in July by the Global Energy Monitor. This represents 66.7% of the global total of 204.15 GW, and China is streets ahead of second-placed India, with 31.6 GW being built and third-placed Indonesia with 14.5 GW. https://www.reuters.com/world/china...g-has-weird-climate-logic-russell-2023-09-19/
Bit of a weird, Tufton St revisionism as well to try and exonerate Truss and Kwarteng in this farago because of the bond market and interest rates. She sacked her senior economics civil servant who warned her what would happen if she went ahead with unfunded tax cuts, then when it happened she acted completely stunned as Kwarteng enjoyed a champagne dinner with Crispin Odey and Mark Littlewood as they discussed their killing during the market chaos. So it's all a bit like saying the captain of the Titanic wasn't responsible for the iceberg field that he ploughed into at full speed because he had his own maiden voyage agenda. But he had been warned about them. I suppose the Telegraph didn't have Jeremy Corbyn or 'left-wing think tanks' (**** me, that was rich coming from the IEA) back in1912. Or Meghan.
Sir Tony & Sir Rodney attend Globalist regressive WEF puppet convention in Canada https://www.theglobeandmail.com/politics/article-global-progressives-trudeau-montreal-summit/
It seemed perfectly appropriate to use the biggest hypocrite in British politics as an example. Starmer and his useless Shadow Chancellor have spent the entire year bleating on social media about the “Tory Mortgage Penalty” when they should both know full well that it was the Bank of England that not only caused the inflation but failed to act quickly to suppress it. The Shadow Chancellor used to be an economist at the Bank of England, so she is already guaranteed to be the first woman on the list of failed Labour Chancellors. When Starmer bought his North London home for £650k, interest rates were virtually zero, so now twenty odd years later he will be mortgage free in a house valued at £2m. The Bank of England Quantitative Easing (QE) led to an asset bubble that benefited the rich, especially those that owned property. I do not recall Starmer or any other Labour politician blaming the Tories for their cheap mortgages.
Yeah just unfortunate timing how she came to power and everything already ****ed quickly got more ****ed.