Meanwhile, the "Green Revolution" is raging in China. Emissions are down 1% year to date, but coal production is down 3.3%, oil 4%, and motor oil 9% (let me remind you electric trains don't eat that). Slow but sure - adjusted for huge inertia and scale (compared to previous growth rates). Just like I said - experts blame everything on Hormuz.

Meanwhile, the "Green Revolution" is raging in China. Emissions are down 1% year to date, but coal production is down 3.3%, oil 4%, and motor oil 9% (let me remind you electric trains don't eat that). Slow but sure - adjusted for huge inertia and scale (compared to previous growth rates). Just like I said - experts blame everything on Hormuz.