Commentary New South Wales (NSW) has introduced a reservation policy for coal. A certain portion of coal produced in the state will be required by law to be sold within the state. The policy will likely come into effect on the 1st of April, but that doesn’t mean it’s a joke. This is one more…
New South Wales Digs Itself Into Coal Reserve Hole
February 16, 2023
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AustraliaAustralian coalBusiness & Marketscoal price capcoal reservationeconomic policiesenergyInternationalNew South WalesOpinionViewpointsWorld
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‘Slay the Dragon’ Novel Highlights U.S.-China Tensions
Commentary I am a bibliophile. My reading passions are current events and nonfiction. Although I own an Ian Fleming book or two, I rarely read novels. But I particularly enjoyed the 2022 book “Slay the Dragon,” which provided a read that combined what’s currently occurring in China and the United States by using a James…
‘Slay the Dragon’ Novel Highlights US-China Tensions
Commentary I am a bibliophile. My reading passions are current events and nonfiction. Although I own an Ian Fleming book or two, I rarely read novels. But I particularly enjoyed the 2022 book “Slay the Dragon,” which provided a read that combined what’s currently occurring in China and the United States by using a James…
Why California’s Renewables Agenda Is Impossible
February 16, 2023
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Californiaclimate changeNorthern CaliforniaOpinionPeter ZeihanRegional & State NewsrenewablesSouthern CaliforniaState NewsUSViewpoints
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Commentary California’s regnant political class sees almost every policy in terms of inspiring the world to adopt policies similar to ours on global warming or climate change. A recently published book will disabuse anyone who reads it of that notion, because it shows our reliance on the traditional industrial-age fuels, coal, and petrochemicals inevitably will…
War Comes Full Circle: How a Crime-Fighting Cop Revolutionized Urban Warfare
Commentary Total darkness. The other side of midnight. For the first time in his 20 years of service with NYPD, Sergeant Don Young was paralyzed and didn’t know what to do. On a clear cloudless day in lower Manhattan, he had suddenly been plunged into a total black hole of smoke. At approximately 10:28 a.m….
Can Beijing Accept the Change in the Southwest Pacific?
Commentary Fijian Prime Minister Sitiveni (“Siti”) Rabuka, 74, returned to office on Dec. 24, 2022, restoring experienced strategic leadership to the Southwest Pacific. But he faces challenges from friends and enemies alike. His return to national leadership after almost a quarter-century is a major milestone in the competition in the region between China and the…
To Breen or Not to Breen: ‘Gone with the Wind’ (1939)
Commentary “Frankly, my dear, I don’t give a ….” You doubtless know the rest of that line, which the American Film Institute rates as the most famous movie quote of all time. This line is from the final scene of “Gone with the Wind” (1939), uttered by Rhett Butler (Clark Gable) as he leaves Scarlett…
Inflation Seems to Be Re-Accelerating
February 16, 2023
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AnalysisBusiness & MarketsBusiness ColumnistsFederal Reserveinflationmoney supplyOpinionrecessionU.S. economyvelocity of money
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Commentary It was a bad week for those promising that our inflation problems are going away. All data from January suggest exactly the opposite. The headlines for consumer prices were all about “cooling,” “firming,” “easing,” “moderating,” and another or so dozen weasel words to disguise the reality that January’s numbers had gained steam over December…
Biden Administration Should Take Stronger Stance Against Chinese Provocations
Commentary The pace of China’s espionage offensive against its potential adversaries in the likely upcoming invasion of Taiwan seems to be increasing, and the Biden administration needs to increase its countermeasures. The recent spate of spy balloon incursions and probes of allied defenses in the Western Pacific stand as a reminder of the urgency. History…
The Case for Risking Default on the Debt
February 16, 2023
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administrative stateAnalysisBusiness & MarketsBusiness Columnistsdebt ceilingdebt defaultFederal Reserveinflationnational debtOpinionpublic debttaxesU.S. economy
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Commentary The same old game is starting all over again. The big spenders in Congress and the administrative state are demanding an increase in the debt limit. Republicans aren’t happy about it. They are demanding some fiscal responsibility. The negotiations begin. But the cards are stacked, and why? Because the bad guys in this drama…
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