๐ง๐ฒ๐ป ๐๐ต๐ถ๐ป๐ด๐ ๐ฝ๐๐๐ ๐ผ๐ป ๐ฎ ๐๐ถ๐ป๐ณ๐ผ๐ถ๐น ๐ต๐ฎ๐ ๐ฎ๐ป๐ฑ ๐ฎ๐๐ธ๐, ๐๐ต๐ฎ๐ ๐ถ๐ณ ๐ง๐ฟ๐๐บ๐ฝ ๐ถ๐ ๐ฎ๐ฐ๐๐๐ฎ๐น๐น๐ ๐ฎ ๐ฟ๐ฒ๐ป๐ฒ๐๐ฎ๐ฏ๐น๐ฒ ๐ฒ๐ป๐ฒ๐ฟ๐ด๐ ๐ฐ๐ต๐ฎ๐บ๐ฝ๐ถ๐ผ๐ป ๐ถ๐ป ๐ฑ๐ถ๐๐ด๐๐ถ๐๐ฒ?
Because his war of choice is making the world wake up. Depending on molecules shipped half way around the world makes a country vulnerable. Building energy systems with one-time imports of solar/battery/EV creates something the US Navy canโt blockade โ the sun.
The world imported more electrotech in March of 2026 than ever. Chinaโs massive build out in electrotech manufacturing capacity (which is more than double than whatโs been spent on data centers) is now primed to feed an insatiable demand.
This was all happening regardless, but Trumpโs war strategy has put the growth on a steeper curve.
Sitting here in London, UK โ having just wrapped up moderating CDL Minerals โ two things occur to me:
ย ย โข The mining industry gathered around the table was energized, recognizing that if global decarbonization accelerates, the world will need a lot more of their product
ย ย โข Thereโs a non-zero chance that in 6 weeks from now, flights in and out of London may not even be a possibility at current levels
To quote RFK (Senior, to be clear) from a speech in Capetown, South Africa in 1966:
โLike it or not, we live in interesting times. They are times of danger and uncertainty; but they are also more open to the creative energy of men than any other time in history.โ
Until next week friends.
Chinaโs electrotech capex boom almost doubles data center build out.
Source: Daan Walter
China exported almost $22 billion in solar, batteries and EVs in March 2026.
Source: Ember
No surprise here: the energy crisis is juicing green energy stocks.
Source: Financial Times
In Europe, electric buses hit 56% of all new sales in 2025.
Source: Gavin Mooney
In America, renewables keep claiming market share, despite political headwinds.
Source: Canary Media
Will my swarm of agents help me understand what this means?
Source: Financial Times
American corporate dominance of public markets is extraordinaryโฆ
Source: McKinsey
โฆ And itโs very much not a new thing.
Source: McKinsey
Does this mean the AI bubble has burst?
Source: The Globe and Mail
Is the Bank of Mom and Dad the most important FI in Canada?
Source: The Globe and Mail