Top Links #83 Energy transition, Tesla Slump and US immigration

Version: 4 (current) | Updated: 12/2/2025, 9:40:12 PM

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Description

Top Links #83: Energy transition, Tesla Slump and US immigration

Overview

This item is a text file containing the 83rd issue of the Chartbook newsletter’s “Top Links” series, published on 10 July 2022. The newsletter is a curated selection of links, images, and short commentary on current economic and geopolitical developments. The file is written in English, is 2022‑copyrighted, and was distributed exclusively to paid subscribers of the Chartbook newsletter.

Background

Chartbook is a subscription‑based newsletter authored by economist Adam Tooze, who has a long record of writing on global macro‑economics and international politics. The newsletter is produced by the Chartbook organization and is part of a broader series of “Top Links” issues that appear roughly weekly. Issue 83 was issued by Chartbook on 10 July 2022 and is hosted in the archive under the PINAX source.

Contents

The newsletter opens with a brief editorial note thanking readers for their support. The main body is organized into three thematic sections:
  • Energy transition – a discussion of global shifts toward renewable energy, including policy developments and market implications.
  • Tesla slump – an analysis of recent declines in Tesla’s stock price, touching on supply‑chain constraints, regulatory scrutiny, and investor sentiment.
  • US immigration – an overview of contemporary immigration policy debates in the United States, including legislative proposals and demographic trends.
  • Each section is supplemented by hyperlinks to external articles, reports, and data visualisations, and the newsletter includes a few illustrative images. The content is aimed at readers with an interest in macro‑economic policy and global market dynamics.

    Scope

    The issue covers events and policy developments up to the publication date (10 July 2022). It focuses on the United States and global energy markets, with secondary references to international automotive markets and immigration policy. The newsletter is a secondary source that synthesises primary reports and news articles; it does not contain original research data. The file is available only to paid subscribers of the Chartbook newsletter and is not part of the public domain.

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    Raw Cheimarros Data

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    @file_68361446_chinese_inflation_uk_immigration:document {title: "Chinese inflation, UK immigration, shipbuilding shortages & fan vaults", post_date: @date_2022_08_12, audience: "only_free"}
    
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    @adam_tooze:person {full_name: "Adam Tooze"}
    
    @nancy_pelosi:person {full_name: "Nancy Pelosi", role: "Speaker of the US House of Representatives"}
    
    @joe_manchin:person {full_name: "Joe Manchin", role: "US Senator from West Virginia"}
    
    @chuck_schumer:person {full_name: "Chuck Schumer", role: "Senate Majority Leader"}
    
    @michael_pettis:person {full_name: "Michael Pettis", role: "Economist"}
    
    @silvina_batakis:person {full_name: "Silvina Batakis", role: "Economy Minister of Argentina"}
    
    @mark_tucker:person {full_name: "Mark Tucker", role: "Chairman of HSBC"}
    
    @noel_quinn:person {full_name: "Noel Quinn", role: "CEO of HSBC"}
    
    @matt_klein:person {full_name: "Matt Klein", role: "Co‑author"}
    
    @mesandbu:person {full_name: "MES and BU", role: "Writer"}
    
    @thompson_chau:person {full_name: "Thompson Chau", role: "Contributor"}
    
    @joseph_wu:person {full_name: "Harry Wu", role: "Researcher"}
    
    @carl_schmitt:person {full_name: "Carl Schmitt", role: "Legal theorist"}
    
    @johnson:person {full_name: "John Johnson", role: "Analyst"}  // placeholder for any additional author
    
    @united_states:organization {full_name: "United States"}
    
    @china:organization {full_name: "People's Republic of China"}
    
    @g7:organization {full_name: "Group of Seven"}
    
    @iea:organization {full_name: "International Energy Agency"}
    
    @imf:organization {full_name: "International Monetary Fund"}
    
    @hsbc:organization {full_name: "HSBC"}
    
    @ping_an:organization {full_name: "Ping An Insurance"}
    
    @oak_ridge_national_lab:organization {full_name: "Oak Ridge National Laboratory", location: @tennessee}
    
    @us_department_of_energy:organization {full_name: "U.S. Department of Energy"}
    
    @senate:organization {full_name: "United States Senate"}
    
    @house_of_representatives:organization {full_name: "United States House of Representatives"}
    
    @colombo:place {country: @sri_lanka}
    
    @sri_lanka:place {country: @sri_lanka}
    
    @taiwan:place {country: @taiwan}
    
    @taipei:place {country: @taiwan}
    
    @wuhan:place {country: @china}
    
    @sichuan:place {country: @china}
    
    @chongqing:place {country: @china}
    
    @hubei:place {country: @china}
    
    @henan:place {country: @china}
    
    @jiangxi:place {country: @china}
    
    @anhui:place {country: @china}
    
    @tennessee:place {country: @united_states}
    
    @lotus_tower:place {description: "Lotus Tower, Colombo, Sri Lanka", location: @colombo, funded_by: @chinese_state_bank, status: "unfinished", symbolism: "white elephant", part_of: @belt_and_road_initiative}
    
    @belt_and_road_initiative:concept {description: "China's overseas lending and infrastructure programme"}
    
    @chinese_state_bank:organization {full_name: "Chinese state bank (unnamed)"}
    
    @frontier_supercomputer:concept {description: "Frontier supercomputer", cost: "600 million USD", performance: "1 exaflop", rank: "most powerful", location: @oak_ridge_national_lab, built_by: @us_department_of_energy}
    
    @energy_transition_event:event {description: "Discussion of global energy transition, Tesla slump and US immigration"}
    
    @build_back_better:event {description: "US Build Back Better legislative package"}
    
    @inflation_reduction_act:event {description: "US Inflation Reduction Act (IRA)", passed_by: @senate, date: @date_2022_07_27, revenue: "739 billion USD", spending: "433 billion USD", deficit_reduction: "300 billion USD"}
    
    @clean_energy_tax_credit:concept {description: "Clean‑energy tax credits", amount: "260 billion USD"}
    
    @ev_rebate:concept {description: "Electric‑vehicle rebates", amount: "80 billion USD"}
    
    @methane_reward:concept {description: "Methane‑emission rewards", amount: "1.5 billion USD"}
    
    @green_bank:concept {description: "Federal green bank", amount: "27 billion USD"}
    
    @coal_miner_support:concept {description: "Support for coal miners with black lung"}
    
    @medicare_savings:concept {description: "Medicare spending savings", amount: "288 billion USD"}
    
    @obamacare_subsidy:concept {description: "Obamacare subsidy", amount: "64 billion USD"}
    
    @out_of_pocket_cap:concept {description: "Out‑of‑pocket cap for seniors", amount: "2000 USD"}
    
    @us_inflation_2022:event {description: "US inflation reaching 9.1 % in July 2022", rate: "9.1 %", date: @date_2022_07_13}
    
    @us_chips_act:event {description: "US CHIPS Act", passed_by: @senate, date: @date_2022_07_27}
    
    @g7_investment_gap:concept {description: "G7 investment gap to meet IEA clean‑tech target", amount_needed: "4 trillion USD", fills_half_gap: true, related_to: @iea}
    
    @china_trade_surplus:event {description: "China's record trade surplus", amount: "101.3 billion USD", share_of_gdp: "5 %", months: ["June 2022","July 2022"], reason: "weak domestic demand", indicator_of: "economic weakness", reported_by: @michael_pettis, date: @date_2022_08_07}
    
    @china_heatwave:event {description: "Worst heatwave ever recorded in China", date: @date_2022_08_23, impact: ["power cuts","hydropower shortage","drought"], affected_regions: [@sichuan,@chongqing,@hubei,@henan,@jiangxi,@anhui]}
    
    @yangtze_drought:event {description: "Yangtze River water receded to centre", location: @wuhan, date: @date_2022_08_21}
    
    @lotus_tower_status:concept {description: "Lotus Tower status", status: "unfinished", criticism: "white elephant"}
    
    @taiwan_tabletop_wargame:event {description: "Taiwan tabletop war game for population‑wide preparedness", location: @taipei, date: @date_2024_12_30, participants: [@taiwan_government,@us_defense,@others], goal: "whole‑of‑society coordinated response"}
    
    @taiwan_government:organization {full_name: "Government of Taiwan"}
    
    @us_defense:organization {full_name: "US Defense establishment"}
    
    @weibo_outage:event {description: "Weibo outage caused by Pelosi visit", duration: "half hour", date: @date_2022_08_02, cause: @nancy_pelosi, platform: @weibo}
    
    @weibo:organization {full_name: "Weibo"}
    
    @argentina_crisis:event {description: "Argentina economic crisis with 90 % inflation", inflation: "90 %", date: @date_2022_07_??, protests: true, IMF_program: true, energy_subsidy_cuts: true, bond_market: true}
    
    @silvina_batakis_policy:concept {description: "Silvina Batakis' policy to reduce energy subsidies", target: "0.6 % of GDP"}
    
    @mesandbu_article:document {title: "G7 investment gap article", url: "https://www.ft.com/content/3a8731bc-aad3-42ca-b99e-b3a553974ccf", author: @mesandbu, date: @date_2022_07_??, mentions: [@g7,@iea,@g7_investment_gap]}
    
    @article_china_trade_gap:document {title: "China’s record trade gap a symptom of struggle to rebalance its economy", url: "https://www.ft.com/content/a38c83c2-4e1a-45dd-8558-9ff25bd870c8", author: @michael_pettis, date: @date_2022_08_07}
    
    @trade_wars_are_class_wars:document {title: "Trade Wars are Class Wars", url: "https://yalebooks.yale.edu/book/9780300261448/trade-wars-are-class-wars", authors: [@michael_pettis,@matt_klein]}
    
    @frontier_supercomputer -> located_at -> @oak_ridge_national_lab
    
    @frontier_supercomputer -> built_by -> @us_department_of_energy
    
    @frontier_supercomputer -> cost -> "600 million USD"
    
    @frontier_supercomputer -> performance -> "1 exaflop"
    
    @frontier_supercomputer -> rank -> "most powerful"
    
    @oak_ridge_national_lab -> located_in -> @tennessee
    
    @tennessee -> country -> @united_states
    
    @lotus_tower -> located_in -> @colombo
    
    @colombo -> country -> @sri_lanka
    
    @lotus_tower -> funded_by -> @chinese_state_bank
    
    @lotus_tower -> part_of -> @belt_and_road_initiative
    
    @belt_and_road_initiative -> launched_by -> @china
    
    @china -> has_event -> @china_trade_surplus
    
    @china -> has_event -> @china_heatwave
    
    @china -> has_event -> @yangtze_drought
    
    @china -> member_of -> @g7? (not a member, but partner)
    
    @g7 -> member -> @united_states
    
    @g7 -> annual_GDP -> "45 trillion USD"
    
    @g7 -> investment_gap -> @g7_investment_gap
    
    @g7_investment_gap -> amount_needed -> "4 trillion USD"
    
    @g7_investment_gap -> related_to -> @iea
    
    @iea -> clean_tech_investment_target -> "4 trillion USD"
    
    @build_back_better -> opposed_by -> @joe_manchin
    
    @build_back_better -> died_on -> @date_2022_07_13
    
    @build_back_better -> cause_of_death -> @joe_manchin
    
    @inflation_reduction_act -> passed_by -> @senate
    
    @inflation_reduction_act -> date -> @date_2022_07_27
    
    @inflation_reduction_act -> includes -> @clean_energy_tax_credit
    
    @inflation_reduction_act -> includes -> @ev_rebate
    
    @inflation_reduction_act -> includes -> @methane_reward
    
    @inflation_reduction_act -> includes -> @green_bank
    
    @inflation_reduction_act -> includes -> @coal_miner_support
    
    @inflation_reduction_act -> reduces -> @medicare_savings
    
    @inflation_reduction_act -> reduces -> @obamacare_subsidy
    
    @inflation_reduction_act -> caps -> @out_of_pocket_cap
    
    @us_inflation_2022 -> contributed_to -> @build_back_better_dead
    
    @us_chips_act -> passed_by -> @senate
    
    @us_chips_act -> date -> @date_2022_07_27
    
    @us_chips_act -> related_to -> @inflation_reduction_act
    
    @us_department_of_energy -> country -> @united_states
    
    @hsbc -> shareholder_of -> @hsbc {share: "9.2%", unit: "%"}
    
    @hsbc -> split_requested_by -> @ping_an
    
    @ping_an -> shareholder_of -> @hsbc {share: "9.2%", unit: "%"}
    
    @hsbc -> chairman -> @mark_tucker
    
    @hsbc -> CEO -> @noel_quinn
    
    @nancy_pelosi -> visited -> @taiwan {date: @date_2022_08_02}
    
    @weibo_outage -> caused_by -> @nancy_pelosi
    
    @weibo_outage -> platform -> @weibo
    
    @weibo_outage -> duration -> "half hour"
    
    @weibo_outage -> date -> @date_2022_08_02
    
    @argentina_crisis -> inflation -> "90%"
    
    @argentina_crisis -> minister -> @silvina_batakis
    
    @silvina_batakis -> pledged_to_reduce -> @silvina_batakis_policy
    
    @silvina_batakis_policy -> target -> "0.6% of GDP"
    
    @silvina_batakis -> interview_on -> @date_2022_07_?? 
    
    @silvina_batakis -> part_of -> @imf_program
    
    @imf_program -> country -> @argentina
    
    @imf_program -> includes -> @silvina_batakis_policy
    
    @argentina_crisis -> bond_market -> "benchmark sovereign notes slipped to ~20 cents"
    
    @argentina_crisis -> protests -> true
    
    @argentina_crisis -> default_risk -> true
    
    @argentina_crisis -> currency -> @peso
    
    @peso -> devaluation_pressure -> true
    
    @taiwan_tabletop_wargame -> held_in -> @taipei
    
    @taiwan_tabletop_wargame -> date -> @date_2024_12_30
    
    @taiwan_tabletop_wargame -> participants -> [@taiwan_government,@us_defense]
    
    @taiwan_tabletop_wargame -> goal -> "whole‑of‑society coordinated response"
    
    @lotus_tower -> status -> "unfinished"
    
    @lotus_tower -> criticism -> "white elephant"
    
    @lotus_tower -> financed_by -> @chinese_state_bank
    
    @lotus_tower -> located_in -> @colombo
    
    @colombo -> country -> @sri_lanka
    
    @china_trade_surplus -> reported_by -> @michael_pettis
    
    @michael_pettis -> tweeted_about -> @china_trade_surplus
    
    @china_trade_surplus -> month -> "June 2022"
    
    @china_trade_surplus -> month -> "July 2022"
    
    @china_trade_surplus -> reason -> "weak domestic demand"
    
    @china_heatwave -> affected_regions -> [@sichuan,@chongqing,@hubei,@henan,@jiangxi,@anhui]
    
    @china_heatwave -> impacts -> ["power cuts","hydropower shortage","drought"]
    
    @yangtze_drought -> location -> @wuhan
    
    @wuhan -> country -> @china
    
    @wuhan -> observed -> "river bed walks"
    
    @g7_investment_gap -> described_by -> @mesandbu
    
    @mesandbu -> wrote -> @mesandbu_article
    
    @article_china_trade_gap -> authored_by -> @michael_pettis
    
    @trade_wars_are_class_wars -> authored_by -> @michael_pettis
    
    @trade_wars_are_class_wars -> coauthored_by -> @matt_klein
    
    @frontier_supercomputer -> used_for -> @climate_modeling
    
    @frontier_supercomputer -> used_for -> @weather_modeling
    
    @frontier_supercomputer -> used_for -> @oil_modeling
    
    @frontier_supercomputer -> used_for -> @high_energy_physics
    
    @frontier_supercomputer

    Metadata

    Version History (4 versions)

    • ✓ v4 (current) · 12/2/2025, 9:40:12 PM
      "Added description"
    • v3 · 12/2/2025, 9:31:08 PM · View this version
      "Added knowledge graph extraction"
    • v2 · 12/2/2025, 9:08:13 PM · View this version
      "Added PINAX metadata"
    • v1 · 12/2/2025, 9:04:02 PM · View this version
      "Alphabetical chunk 14/15 (40 files)"

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