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Month: February 2020

Category:
  • China

Virus Cuts China’s Carbon Emissions by 100 Million Metric Tons

One of the deadliest epidemics in decades has dented energy demand and industrial output in China, cutting carbon dioxide emissions by about 100 million metric tons—close to what Chile emits in a Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China
  • Electric Cars
  • Energy Storage

Tesla’s choice of cheaper lithium batteries hits cobalt miners

Shares in Chinese cobalt miners dropped on Wednesday following news that Tesla had chosen to produce its Model 3 electric car in the country with lower­ cost batteries that do Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

Live updates: China strikes upbeat note on coronavirus as businesses reopen; Hong Kong reports second death

China on Wednesday reported that the rate of new cases continues to decline, but international experts, including Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, say Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

Chinese Refinery Run Rates Fall To 6-Year Low

Chinese oil refiners have cut their daily run rates further, to around 10 million bpd, which is the lowest since 2014, according to industry insiders who spoke to Bloomberg. Refiners Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • Hydrogen
  • South Korea

Another Major Car Maker Is Backing Hydrogen

The hydrogen fuel cell market has a serious player emerging in South Korean automaker Hyundai Motor Corp., which is jumping into the hydrogen truck market to compete with Nikola, Toyota, Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

China Keeps Churning Out Steel That No One Wants to Buy

China’s steelmakers face their biggest crisis in years, with demand frozen as factories and construction sites fall silent. But they’re still churning out metal. The collapse in economic activity amid China’s unprecedented Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

Manufacturers entangled in logistical nightmare as virus-hit China limps back to work

Blocked highways. Stranded workers. Dwindling supplies. Shipping and air freight companies also hamstrung. The Chinese manufacturing engine that powers much of the world economy is struggling to restart after an Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

Foxconn says cautiously resuming China output, warns coronavirus will hit revenue

Taiwan’s Foxconn said on Thursday it would “cautiously” resume production at its main factories in China as the major Apple Inc supplier warned revenue will be hit this year by Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

China Jan new bank loans hit record, more policy support seen

New bank loans in China rose more than expected to a record high in January, as authorities step up support for an economy hit by trade tensions and facing a Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple
Category:
  • China

Cases Top 75,500; South Korea Reports First Death: Virus Update

South Korea reported the first fatality from the coronavirus outbreak amid a surge of cases tied to a cluster from a religious sect, while Japan confirmed two deaths from a Continue Reading

Posted On : 20 Feb 2020 Published By : Tom Whipple

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