Every industrialized country in the world is proud of how they’re advancing their 21st century research and development in alternative energy.
The Bozo in Chief keeps touting his 19th century fossil fuels.
Please... wake us up from this bad dream.
Once again you don't know much of anything do you?
Nocookies
As Beijing Joins Climate Fight, Chinese Companies Build Coal Plants
As Beijing Joins Climate Fight, Chinese Companies Build Coal Plants
Workers at a construction site at the Sahiwal coal power plant, owned by China’s state-owned Huaneng Shandong Ruyi Group, in Pakistan. The country’s coal capacity is set to grow 15,300 megawatts from 190.
ASAD ZAIDI / BLOOMBERG
By HIROKO TABUCHI
JULY 1, 2017
When
China halted plans for more than 100 new coal-fired power plants this year, even as President Trump vowed to “bring back coal” in America, the contrast seemed to confirm Beijing’s new role as a leader in the fight against
climate change.
But new data on the world’s biggest developers of coal-fired power plants paints a very different picture: China’s energy companies will make up nearly half of the new coal generation expected to go online in the next decade.
These Chinese corporations are building or planning to build more than 700 new coal plants at home and around the world, some in countries that today burn little or no coal, according to
tallies compiled by
Urgewald, an environmental group based in Berlin. Many of the plants are in China, but by capacity, roughly a fifth of these new coal power stations are in other countries.
Over all, 1,600 coal plants are planned or under construction in 62 countries, according to Urgewald’s tally, which uses data from the Global Coal Plant Trackerportal. The new plants would expand the world’s coal-fired power capacity by 43 percent.
Factcheck: Are Chinese companies really leading a new global coal power boom?
Chinese state-owned companies and banks are building a lot of coal-fired power plants overseas.
But the number of projects, even if every single one was realized, still make up less than one year of China’s domestic coal plant additions at its peak.
This is not to say that the wave of coal-fired power plants sponsored by Chinese companies is not a problem. It just means there is still time for Chinese policymakers to shift course before they flood the developing world with dirty and projects, and the economics of coal are getting worse by the day.
Despite the Paris Agreement, China and India Continue To Build Coal Plants
China is not alone in constructing coal-fired power plants. According to Urgewald, about 1,600 coal plants are planned or under construction in 62 countries; this data comes from the
Global Coal Plant Tracker portal. If constructed, these new plants would increase global coal-fired capacity by 43 percent. According to Urgewald, 11 of the world’s 20 biggest coal plant developers are Chinese
