U.S. declares national energy emergency

U.S. declares national energy emergency

The United States declared a national energy emergency on June 6, 2022. The emergency – declared to exist with respect to the threats to the availability of sufficient electricity generation capacity to meet expected customer demand – will stay in effect for at least 24 months or until it’s declared terminated, whichever occurs first.

China’s energy crisis – Why is the country on the edge of the abyss

China’s energy crisis – Why is the country on the edge of the abyss

China, which in recent years has been among the world's leading powers, is faced with a problem that is more characteristic of third world countries. Power shortages have recently become so severe that factories across China are closing, and the problem is…