Daily Standup Top Stories
China Surpasses Europe in Per Capita Energy Consumption
China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure development. China has made significant investments in renewable energy but remains the world’s largest emitter of greenhouse […]
Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. By Wolf Richter for WOLF STREET. The US dollar is still by far the most dominant global reserve […]
Mining the Planet for Renewable Energy
This election year, several critical issues dominate voter concerns. Illegal immigration across unsecured borders by migrants, criminals, sex traffickers, and terrorists. Anti-police policies, reduced prosecution of criminals and rising crime. Unprecedented prices for food, clothing, […]
Bipartisan consensus in favor of renewable power is ending
One of the most striking things about the explosion of renewable power that’s happening in the US is that much of it is going on in states governed by politicians who don’t believe in the […]
Supreme Court overturns Chevron decision, curtailing federal agencies’ power in major shift
Washington — The Supreme Court on Friday overturned a landmark 40-year-old decision that gave federal agencies broad regulatory power, upending their authority to issue regulations unless Congress has spoken clearly. The court split along ideological lines […]
Shale Executives See Mergers Squeezing US Oil Production
US oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey. More than 50 percent of oil executives told the Dallas Fed they foresee […]
Highlights of the Podcast
01:48 – China Surpasses Europe in Per Capita Energy Consumption
04:26 – Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold
06:19 – Mining the Planet for Renewable Energy
08:54 – Bipartisan consensus in favor of renewable power is ending
10:08 – Supreme Court overturns Chevron decision, curtailing federal agencies’ power in major shift
14:12 – Markets Update
19:44 – Shale Executives See Mergers Squeezing US Oil Production
The Impact of the Chevron Supreme Court Decision