BEIJING, Oct 28 (Reuters) – China has omitted electric vehicles from the list of strategic industries in its five-year development plan for 2026-2030, marking their first exclusion in fifteen years. Hydrogen energy is now among the priorities. Quantum, bio-manufacturing, nuclear fusion, the other named priorities. The scenario we envisaged in 2015 is coming true. Hydrogen …
Category: Economy
Oct 02
Auto, mercato europeo a picco
L’ultimo editoriale di Quattroruote, di Ottobre 2024, abbandona la tradizionale prudenza nella narrativa delle scelte politiche europee. Il crollo delle vendite ha aperto gli occhi a quanti ancora tentavano di giustificare le draconiane misure di “austerità ecologica” dettate dalle politiche del Green Deal europeo. Il principale giornale automobilistico si allinea alle feroci proteste dei produttori …
Aug 13
ECB Working Paper: The pass-through to inflation of gas price shocks
In a recent report, ECB acknowledges sanctions on Russian goods and assets have caused the surge in inflation rates all over Europe. “The recent inflation surge in the euro area was significantly influenced by energy prices, particularly gas following Russia’s invasion of Ukraine in February 2022. (…) In comparison to oil price shocks, gas price …
Jun 10
The Perils and Promise of the Emerging Multipolar World
Jeffrey D. Sachs’ view on the future shape of the world order, in “The Perils and Promise of the Emerging Multipolar World”, describes how regions that once lagged the West in industrialization are now making up for lost time. in his words, “The world economy is experiencing a deep process of economic convergence, according to …
Aug 24
Radioactive news
August 24th, 2023. Today TEPCO has started releasing into the sea more than 1 million metric tons of treated radioactive water from the wrecked Fukushima nuclear power plant. The radioactive water is expected to contaminate the Pacific Ocean first, then to progressively spread to Atlantic and all other seas in the world. The Japan Atomic …
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