An AFR article about investors piling into lithium and graphite mining stocks tells a tale. With our focus on Tesla we are missing the story of China.
Although the Western world’s focus is on Tesla’s progress, it is China’s EV push – it makes up 38 per cent of the global EV fleet, an increase from just 8 per cent in 2012 – that is really turning the dial.
Argonaut’s Hong Kong-based analyst Helen Lau says the massive subsidies available in the Chinese EV market to curb carbon emissions and lessen that country’s reliance on oil imports make electric cars up to 15 per cent cheaper to buy than conventional, internal combustion ones.
Republican presidential candidate Donald Trump, speaks during the final day of the Republican National Convention in Cleveland, Thursday, July 21, 2016. (AP Photo/Carolyn Kaster)Immanuel Wallerstein, the sociologist who gave us World Systems Theory, has devoted his latest commentary to the consequences of a Trump victory. (From the end of the month it will appear as Commentary 437 in the archive.)
Domestically he says it doesn’t matter how much he won by or whether he won the primary vote. He won.
Ignorance, lies, insults and even ‘fake news’. The US presidential election set new lows for political theatre – it couldn’t be described as discourse. And the country could not be more divided, well, short of civil war.
The American people have voted overwhelmingly for Donald Trump, right? Wrong.
On latest figures 59,821,874 or 47.4% of the eligible voting population voted for Trump. Hillary Clinton attracted 60,121.876 votes, or 47.7%. That’s around 300,000 more. In a democratic system where all votes have equal value, we’d be celebrating a win for Secretary Clinton. [See Update 1 below]
The late trend is to Clinton. Alan Kohler said tonight if Trump wins the sharemarket will drop like a stone. If Clinton wins nothing happens – it’s already priced in. Continue reading Trump victory slipping away→
Republicans, it seems, will deny the legitimacy of a Hillary Clinton presidency. They have actually been saying that she would have no mandate because people would only vote for her to avoid Trump. They will immediately take steps for Congress to impeach her, will not co-operate on any legislation she might propose and will refuse to endorse any appointments she might seek to make to the Supreme Court.
It’s generally agreed, I think, that the moderator won the third presidential debate, with Hillary Clinton coming second.
Trump may not have lost, however, because there is talk that Trump may launch himself into the TV business, where no doubt nothing but the truth will be told.
Republican presidential candidate Donald Trump, speaks during the final day of the Republican National Convention in Cleveland, Thursday, July 21, 2016. (AP Photo/Carolyn Kaster)
Three days ago Nate Silver published an analysis that broke up the polling along gender lines.
If only the men voted Trump would win 350 votes to 188. But if only women voted Clinton would win an astonishing 458 votes to 80.
That was before the second debate and the 2005 videotape had any impact. Clinton trailed Trump by 11 percentage points among men but led him by 33 points among women. Continue reading Trump isn’t teflon→
Climate change, sustainability, plus sundry other stuff
Paul Waldman in The Washington Post warns 
Three days ago Nate Silver