Reuters (November 16)
“China’s factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as mounting supply and demand strains threaten to further curtail growth.” Officials may be running out of options to keep “the world’s second-largest economy humming…. even an economy of China’s size can only squeeze so much growth from building more industrial parks, power substations and dams.”
Tags: China, Dams, Demand, Economy, Export-driven, Factory output, Industrial parks, October, Officials, Policymakers, Retail sales, Substations, Supply, Weakest
LA Times (March 16)
“Californians may be inured to rolling blackouts that cut off their power for hours at a time, but imagine an outage that darkens the entire country — for more than a year.” A federal report, disclosed by the Wall Street Journal, shows this “nightmare scenario” could result if just nine critical substations were knocked out. Officials need to take action and “address the frightening challenges posed by the grid’s reliance on custom-fitted equipment that can take months, if not years, to replace.”
Tags: Action, Blackouts, California, Challenges, Equipment, Grid, Nightmare, Outage, Power, Scenario, Substations
