Thursday, October 24, 2019

Coal is Still King and Growing

The largest power producers in China have asked the government to allow for the development of between 300 and 500 new coal power plants by 2030 in a move that could single handedly jeopardize global climate change targets.

China's overseas ventures include hundreds of electric power plants that burn coal.

India is building 297 and planning another 149 coal plants and will become the world's number 2 miner of coal by 2020, overtaking the US. There are plans to ramp up from mining 634 million tons to 1.5 billion tons by 2020.

All of this makes President Trump's statement on the Paris pullout prophetic: "China will be allowed to build hundreds of additional coal plants. So we can't build the plants but they can, according to the agreement. India will be allowed to double its coal production by 2020. Even Europe is allowed to double its coal production by 2020." 7.

As developed nations retired coal plants producing 17 gigawatts of power, consumption and production of coal advanced in Asia at the fastest rate in five years.

In South and Southeast Asia, coal burning is expected to increase about 3.5% a year for the next two decades, and predictions are that coal demand won't peak until 2040.

2.ReferencesEric Worrall, "NPR notices climate action China are building a lot of coal plants," April 30, 2019.Adam Majendie and Faseeh Mangi, "Where coal won't die," Volume 28, Issue 4, August/September 2019.Lauri Myllyvirtaa,, "China's power industry calls for hundreds of new coal power plants by 2030," March 28, 2019.Steve Inskeep and Ashley Westerman, "Why is China placing a global bet on coal?", April 29, 2019.Eric Worrall, "Climate concerned India's coal imports surging," September 18, 2019.Joanne Nova, "India to more than double coal mining by 2020," October 17, 22016.


https://canadafreepress.com/article/coal-is-still-king-and-growing

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