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Sure Climate Hysterics, it China being good not a reaction to their collapsing domestic economy
Anything to dampen demand for coal from competing customers to keep Chinese costs lower.
But they will keep building coal fired plants in China.
China will stop building coal-fired power projects in other countries, President Xi Jinping said yesterday i
Wow, what a sacrifice. Lol so that’s China’s contribution for the warming farce as we commit economic suicide.
How yellow of them!
China has been putting 1 new, dirty coal fired plant on-line every 2.5 weeks for over a decade now.
Nah! It is probably because the third-world countries can’t pay for either the plant or the coal to fire it. Everything the Chinese do is centered around money. They have a couple of financial hits coming their way.
This is no giant concession. There are probably very few areas on Earth with economically viable coal deposits left to exploit. If there are, there is probably much more convenient natural gas available in such areas.
How many coal fired power plant did they build last year?
Clap for Carers!
The main cause is that in the last 10 years no one has done anything but lose money in the coal power business.
Partially it’s the rise of renewables, but mostly it’s that natural gas is so much cheaper.
China Says It Will Stop Financing Coal Power AbroadIOW, they're turning off the factories, the power and the heat.
I bet Xi didn’t say when he would be doing this good deed. 2050 maybe.
what a joke. they arent going to shut down their own coal plants. this is just PR nonsense so they can save billions on coal purchases this winter.
