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China leans on coal amid energy security push
Reuters via Yahoo ^ | March 5, 2023 | by Andrew Hayley

Posted on 03/05/2023 6:35:41 AM PST by Oldeconomybuyer

BEIJING, March 5 (Reuters) - China's state planner underlined a greater role for coal in its power supply on Sunday, saying the fossil fuel would be used to improve the reliability and security of its energy system.

The world's second-biggest economy relied on coal to generate 56.2% of its electricity last year, according to data from the National Bureau of Statistics, but has significantly boosted its use of natural gas and renewable energy in recent years to lower carbon emissions.

Fluctuating output from renewable plants, however, has led policymakers to lean on reliable and easily dispatchable coal power to shore up the country's baseload supply. Last year, scorching summer temperatures and a drought in China's southwest caused hydropower output to dwindle, leading to power outages.

"We will strengthen the basic supporting role of coal (and) take orderly steps to increase advanced coal production while ensuring safety," said the National Development and Reform Commission (NDRC) in a report to the annual gathering of parliament.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: ccp; china; coal; energy

1 posted on 03/05/2023 6:35:41 AM PST by Oldeconomybuyer
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To: Oldeconomybuyer

Smarter than we are.


2 posted on 03/05/2023 6:39:23 AM PST by DIRTYSECRET
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To: Oldeconomybuyer

While the U.S. and Europe are committing economic Green suicide, China will dominate world markets because they have cheap and reliable energy. Anyone doubt China is funding a large part of the Green movements in the West?


3 posted on 03/05/2023 6:41:17 AM PST by Roadrunner383
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To: Oldeconomybuyer

“...energy security push...” Not a concern for branDUHn and pals. Energy? Meh.


4 posted on 03/05/2023 6:44:06 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? šŸ˜•)
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To: DIRTYSECRET

So as China builds more and more coal plants, POLLUTION and GLOBULL WARMING INCREASES. Those 1.4 Billion need coal. Hell, add India in and now we are talking 3 Billion people.

Now we have 330 Million in the US and our greenie weenies think we can make a difference. We are the Retards and China is making us pay.


5 posted on 03/05/2023 6:45:08 AM PST by OHPatriot (Si vis pacem, para bellum)
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To: Oldeconomybuyer

> boosted its use of natural gas and renewable energy in recent years to lower carbon emissions <

Yes, I’m sure that lowering carbon emissions is on China’s to-do list. Anything to make Al Gore and Greta Thunberg happy.
It’s probably around number 3000 on the list.


6 posted on 03/05/2023 6:46:27 AM PST by Leaning Right (The steal is real.)
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To: Roadrunner383

“Anyone doubt China is funding a large part of the Green movements in the West?”

China doesn’t need to do that, the Democrats are more than psychotic enough to destroy the US economy without their help.

...but I know, your local Congressman is a RINO for (fill in the blank), so you’ll ‘teach the GOP a lesson’ by sitting out the next election and letting the Democrat win.


7 posted on 03/05/2023 7:02:47 AM PST by BobL
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To: Oldeconomybuyer

Environmental weenies: “How can this be? They are COMMIES for Gaia’s sake!!”


8 posted on 03/05/2023 7:02:50 AM PST by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix) )
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To: Roadrunner383

Sorry Roadrunner - that was meant to be a GENERIC statement, not directed at you...but at whoever thinks there’s no difference between the GOP and the Democrats.


9 posted on 03/05/2023 7:04:02 AM PST by BobL
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To: DIRTYSECRET

Yep.


10 posted on 03/05/2023 7:16:51 AM PST by sauropod (ā€œIf they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.ā€)
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To: BobL

“..but I know, your local Congressman is a RINO for (fill in the blank), so you’ll ā€˜teach the GOP a lesson’ by sitting out the next election and letting the Democrat win.”

You off in koo-koo land or something? My local Congresswoman is Marjorie Taylor Greene and the wife and I don’t sit out elections.


11 posted on 03/05/2023 7:19:07 AM PST by Roadrunner383
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To: Roadrunner383

“You off in koo-koo land or something? My local Congresswoman is Marjorie Taylor Greene and the wife and I don’t sit out elections”

LOL, sorry, see my next post!


12 posted on 03/05/2023 7:21:11 AM PST by BobL
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To: Oldeconomybuyer

Oh boy.....good....more coal will only prove that this man made climate cr** is just that....and no matter what we do, it will not effect the “climate”. I believe the earth is self balancing.


13 posted on 03/05/2023 7:28:59 AM PST by Sacajaweau ( )
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To: Oldeconomybuyer

India recently announced they are increasing their coal mining. They already get 70% of their electricity from coal fired plants. Foxconn just revealed that they are building one of their mega iPhone factories in India. No company invests that much time and money without knowing there is a constant, consistent, and inexpensive supply of energy.

They should be praised as the real source of a ‘greener’ planet. Since C02 is PLANT FOOD, the more C02, the more plants will grow.


14 posted on 03/05/2023 8:20:45 AM PST by Ronaldus Magnus III (Do, or do not, there is no try)
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To: Oldeconomybuyer

I have traveled around China by train, my wife is from there. I have seen a few wind farms and solar plants. I’m guessing that they have them so that they can claim that they are doing their part. Meanwhile, there are numerous large coal fired power plants throughout the country.


15 posted on 03/05/2023 8:54:01 AM PST by wjcsux (RIP Rush Limbaugh 12 Jan 1951- 17 Feb 2021. We really miss you. 😢)
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