The Wangting Power Plant in Wangting, Jiangsu province, China. Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Over the last several months, Europe has seen its power costs soar. There are many drivers of it, but one factor has been a shift in Chinese energy consumption. While China has plenty of domestic coal resources, from time to time it imports quite a bit, depending on transportation costs. This can have major ramifications for prices outside of its borders. Meanwhile, China is undergoing a meaningful change to move off of coal and rely more on renewables and nuclear power. To help us understand what it means, we speak with Alex Turnbull, the author of a new paper on Chinese goal use , […]