Energy crisis grips the world: Lebanon runs out of power, India warns its coal-fired plants could go dark in just three days, blackouts hit China and gas prices soar in Europe
- Lights go out in Lebanon as biggest two power stations shut due to fuel shortage
- Energy network unlikely to be restored for ‘several days’, according to officials
- Meanwhile, some Chinese provinces are rationing electricity amid crisis
- Europeans are paying exorbitant prices for liquefied gas and India is low on coal
- Comes as world leaders prepare to meet in Glasgow for the Cop26 summit
https://twitter.com/theragex/status/1446867442253320193
https://twitter.com/ZaidZamanHamid/status/1446819345166909442
Puerto Rico declares state of emergency over power grid's 'critical condition' https://t.co/MM726kGpcF via @nbcnews
— EndGameWW3 🇺🇸 (@EndGameWW3) October 9, 2021
Lebanon was plunged into a total blackout Saturday after two main power stations went offline because they ran out of fuel, the state electricity corporation saidhttps://t.co/GROGYx3OzR
— AFP News Agency (@AFP) October 9, 2021
It turns out the entire UK fuel crisis was driven by the press, and nothing to do with Brexit. "Throughout the petrol supply crisis, deliveries to filling stations barely fell as massive levels of panic buying were the leading cause of fuel shortages." https://t.co/HBj5dyDaC3 pic.twitter.com/ZXPbPlaRaY
— Michael Liebreich – @MLiebreich.bsky.social (@MLiebreich) October 8, 2021
EirGrid has warned of “rolling blackouts” in the winter as Ireland shuts down power stations nationwide and depends more and more on unreliable green energy sources.#gripthttps://t.co/8dasCWN8H6
— gript (@griptmedia) July 1, 2021
Soaring power prices are putting upwards pressure on the aluminium cost curve in Europe too, according to Morgan Stanley.
Higher aluminium, gas, power and food prices will likely hurt the European economy. pic.twitter.com/aQHknlSF9X
— Daniel Lacalle (@dlacalle_IA) October 9, 2021
ICE AGE FARMER – ENERGY CRISIS BECOMES A FOOD CRISIS
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