Governance News

Socialism Promises Free Electricity, Power Station Requests Actual Fuel

Energy minister announces electricity is now a human right, but engineers warn that turbines remain stubbornly dependent on physics rather than political enthusiasm LONDON – Britain’s theoretical socialist government has announced that electricity will become free for every household, prompting celebrations across the country and considerable confusion among the engineers responsible for generating it. Under the Universal Energy Equality Programme, every citizen will be entitled to unlimited affordable electricity, although…

Business Political

Nervous Billionaires Explain the Global Energy Panic

Oil Tankers, Economists, and One Extremely Nervous Billionaire Explain the Global Energy Panic Five Observations From the Early Stages of the Asia Energy Crisis Energy experts say the first phase of any global crisis is denial, but Asia has decided to skip straight to “running around waving spreadsheets.” Oil tankers outside the Strait of Hormuz are now so numerous that satellites briefly misidentified them as a new artificial island chain — and…