Daily Archives: May 31, 2011

Workers fix wires on a wire pole along a road on March 31, 2006 in Beijing, China.Try as it might to outrun market forces, China’s decision to hike electricity prices from June 1 shows that even the mighty mandarins in Beijing cannot ignore basic laws of supply and demand. They finally flinched late on Monday, announcing a roughly 3 percent increase in power prices for non-residential users in a move to combat looming blackouts by stimulating more electricity production and discouraging consumption.

Energy Source is no longer updated but it remains open as an archive.

Insight into the financial, economic and policy aspects of energy and the environment.

Read our farewell note

About the blog

Archive

« Apr Jun »May 2011
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031