Author Topic: What’s The Point? In 2020 China Built The Equivalent Of More Than One New Large Coal Plant Per Week  (Read 241 times)

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rangerrebew

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What’s The Point? In 2020 China Built The Equivalent Of More Than One New Large Coal Plant Per Week

By Kenneth Richard on 27. May 2021
 
There has been a sustained global-scale effort to reduce coal power capacity in recent years. Meanwhile, China’s government has been busy loosening restrictions on coal plant construction to power its post-pandemic economy. In 2020, China built over three times as much new coal power capacity as all other countries in the world combined – with no signs of letting up in years to come.

While the rest of the world combined to commission just 11.9 gigawatts (GW) of new coal plants in 2020, China alone commissioned 38.4 GW of new coal-fired power capacity (Global Energy Monitor, 2021).

Over 73 gigawatts (GW) of new coal power projects were initiated in China last year. This is five times as much as in all other countries combined.

China’s central government appears to be focusing on growing its economy as fast as possible, wholly disregarding the admonishments of climate activists insisting CO2 emissions must be dramatically reduced to forestall an allegedly looming climate catastrophe.

https://notrickszone.com/2021/05/27/whats-the-point-in-2020-china-built-the-equivalent-of-more-than-one-new-large-coal-plant-per-week/?utm_source=rss&utm_medium=rss&utm_campaign=whats-the-point-in-2020-china-built-the-equivalent-of-more-than-one-new-large-coal-plant-per-week

Offline Hoodat

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The point is to lower coal prices for China by eliminating US demand.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline MajorClay

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