U.S. media reported last week that the U.S.-based Global Energy Monitor (GEM) and the Helsinki-based Center for Energy and Clean Air Research (CREA), released a joint report on Wednesday (Feb. 3) stating that China will consume as much as three times more coal-fired electricity than the rest of the world combined by the end of 2020.
The report indicates that “the CCP has approved the construction of an additional 36.9 GW of coal-fired power generation capacity in 2020, three times more than a year ago. The CCP currently has 247 GW of coal-fired power under construction, a consumption sufficient to supply electricity to all of Germany.”
Lauri Myllyvirta, principal analyst at the Center for Energy and Clean Air Research (CREA), said, “The runaway expansion of coal-fired generation is the result of electric utilities and local governments seeking to maximize investment spending, rather than being based on real demand for additional capacity. ” Experts say new coal-fired power plants could end up as debt-ridden “stranded assets,” with some plants not even able to repay construction and maintenance costs.
In an article co-authored last March, Mulivetta expressed similar doubts about China’s already “overcapacity” in the energy sector, yet it is still pushing ahead with coal power construction, making it difficult for more than half of the coal-fired companies to turn a profit, with most of the existing plants operating at half their capacity.
The CCP has been widely criticized for using heavy industry and construction-based energy-intensive industries for economic recovery in the wake of the Epidemic. The CCP knew beyond a shadow of a doubt that it would have to begin drastically reducing coal-fired power generation in order to meet climate targets, yet the CCP tripled the construction of power plants. All of these facts make the CCP’s promise to achieve carbon neutrality within 40 years seem impossible to achieve.
The CCP burns a lot of coal in its power plants, yet in rural communities it has been severely, even cruelly, restricting farmers’ use of coal. Villagers complain that they are forced to switch to unaffordable energy sources or simply freeze without burning coal. A video last December showed Communist Party officials pouring cement into small bedside stoves that poor villagers use to heat their homes in winter.
As the Voice of America News (VOA) has carefully observed, coal-fired power consumption, one of the world’s worst carbon emitters, is surging in China, seemingly “undermining” the Communist Party’s vocal “short-term climate goals” and going against the Communist Party dictator’s This appears to be “undermining” the Communist Party’s vocal “short-term climate goals” and contradicts the Communist Party dictator Xi Jinping‘s so-called commitment to make China “carbon neutral” by 2060.
According to Breitbart News, the CCP’s disregard for economic laws is a naked demonstration of the fact that the CCP regime is dictatorial and authoritarian. Even though Xi Jinping and other top officials applauded the global climate change agreement, the absolute rulers of the CCP are actually very aware that coal-fired power plants are being built at a super-fast pace and that the CCP knows exactly what it is doing because it has industrial ambitions for the future, which is why it is building so much cheap and dirty coal power consumption.
However, the international climate change community’s reaction to the massive expansion of CCP coal power to expand consumption has been little more than a little frown and an awkward mumbling that the CCP’s carbon neutral promises are unlikely.
Recent Comments