Putin Is Betting Coal Still Has a Future
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Started by metmike - June 1, 2021, 8:36 p.m.

metmike: The leaders of Russia and China are not idiots and don't have any reason to play along with the UN's game like the rest of the Western world......... converting to socialism/Marxism via the fake climate crisis. Their political systems have already been determined and there will be no changes.

The US and Europe?  Not so. This is what the climate accord is entirely about..... converting our economic/political models.

There is no climate crisis using objective authentic science. It's actually a climate optimum for most life of this greening planet. Russia and China know this. It's not that they don't care about the planet. That's not it at all. They just like the current political/economic system they have now.

Keep in mind that CO2 is well mixed in the global atmosphere. As China continues to increase coal burning power plants by more than the US even has in existence(and they already emit more than the rest of the developed world combined and double the rate of the US, global CO2 levels will continue to surge higher.

But so what? They don't care about that. The cheerleaders of the climate accord scam want you to think CO2 emissions matter    but they just want to use this, hijacking climate science........even rewriting climate history......to change the political/economic model of the democratic countries in the West.

Energy & Science

                Putin Is Betting Coal Still Has a Future


Russia is spending more than $10 billion on a railroad that will help it ramp up coal exports to Asia. It's even mobilizing prisoners to speed up construction.


European governments are drawing up plans to phase out coal, U.S. coal-fired power plants are being shuttered as prices of clean energy plummet, and new Asian projects are being scrapped as lenders back away from the dirtiest fossil fuel.

And Russia? President Vladimir Putin’s government is spending more than $10 billion on railroad upgrades that will help boost exports of the commodity. Authorities will use prisoners to help speed the work, reviving a reviled Soviet-era tradition.

The project to modernize and expand railroads that run to Russia’s Far Eastern ports is part of a broader push to make the nation among the last standing in fossil fuel exports as other countries switch to greener alternatives. The government is betting that coal consumption will continue to rise in big Asian markets like China even as it dries up elsewhere.


Ramping Up Coal Exports


Russia is investing $10 billion into rail projects that will bring its coal to Asian markets

By metmike - June 1, 2021, 8:47 p.m.
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Previous discussion related to this:

                Biden And Kerry Get Humiliated by China            

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                Started by metmike - April 25, 2021, 3:54 p.m.            


By wglassfo - June 1, 2021, 11:41 p.m.
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Putin will have a market, china will have access to oil, coal and any other fossil fuel offered for sale

In the West especially the USA the political power of the purse will pick winners and  losers

If you want to start an alternative energy project or sell alternative EV cars etc. banks will be very friendly with funds, some grant money, some forgiven

If you want to expand your gas wells, banks will frown on such a loan and funds will be hard to come by

Just watch the next 4 yrs and see if you see any winners or losers in your community or in headlines

ICE engines will be taxed , EV will be subsidized

Doesn't sound very fair but if you are in it for a quick dollar, go with the winners

Watch Ca. for the lead on energy policy and taxes

In Canada we pay a carbon tax on fossil fuels. Taxes can do a lot for winners and losers and I expect it will only get worse

I think it will take a long time for the alternative energy people to finally admit they can't replace fossil fuels, as quickly as hoped

I did read about testing of space solar energy beamed to earth as radio waves and then converted to energy. This may be part of our future, but I would think this form of energy will take many yrs to be successful but the search for alternative energy may not be in vain, just many yrs in the future

By metmike - June 1, 2021, 11:50 p.m.
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Exactly right Wayne!


Renewable energy:  When can it replace fossil fuels? August 2019