News Snapshot:
So much for the Clean Green Chinese Machine China is holding a busted flush in the Global Green Poker game. In late summer, local bureaucrats in two-thirds of China’s provinces started enforcing power-saving measures on companies, but after four weeks of rolling blackouts the middle kingdom is so desperate for coal it can’t keep pretending to be Green. The Rust Belt factories were grinding down, homes were even losing power, winter is knocking at the door and the only thing with fuel in China were the prices. It’s the worst energy crisis in a decade, and there’s no holding out...
