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Finance & Markets

10 Friday AM Reads

My end-of-week morning reads: • Power Bill Divide: Soaring prices at some of America’s Biggest Utilities are fueling new scrutiny of the investor-owned model. (Bloomberg) • What the Midterms Mean for Your Stock Portfolio: Midterm elections can move headlines. History says they shouldn’t move your portfolio. (Kiplinger) see also How governments spend money Charting the… Read More The post 10…

10 Friday AM Reads

We haven't written up this one. The Big Picture has the full story — the link below goes straight to it.

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South Korea Turns Back to Coal as LNG Crisis Deepens

Soaring prices of spot LNG supply amid the lack of Middle Eastern deliveries have pushed South Korea to rely more on coal-fired power generation in the coming winter, despite its pledge to shift away…

  • South Korea reverts to coal power amid soaring LNG prices
  • Coal generation in Korea up 40% in April, highest since 2019
  • Government pledges $747B for renewables, EVs, but prioritizes energy security

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