Chinese leaders are “doubling down on fossil fuels”(India too)
Chinese leaders are “doubling down on fossil fuels” amid “growing” fears of global energy shortages and “rising” concerns of an economic slump, according to Bloomberg. The news came after the Chinese government repeatedly underlined the importance of energy security at a series of key political meetings last week.
Meanwhile, the International Energy Agency (IEA) said last week that China was the main driving force behind a global CO2 emissions “rebound” past pre-pandemic levels. Separately, an energy advisor to the Chinese government told state TV that China’s CO2 emissions had grown by 350m tonnes last year, more than double the average annual increase in recent years.
In other news, China’s “raw coal” production reached 687m tonnes in the first two months of this year, up 10.3% compared to the same period last year, according to official data from China. The rise followed Beijing’s campaign to “ramp up production for the winter heating season”, Reuters reported.
WHAT: The global CO2 emissions “rebound” past pre-pandemic levels has “largely been driven by China”, according to the IEA. In a release from last Tuesday, covering emissions from energy, the agency reported a combined 750m-tonne increase in CO2 by China between 2019 and 2021. “In 2021, China’s CO2 emissions rose above 11.9bn tonnes, accounting for 33% of the global total”, it said, with a year-on-year increase of 4.8%. The IEA noted that China’s emissions hike was largely caused by “a sharp increase in electricity demand that leaned heavily on coal power”. It said the country’s electricity demand “grew by 10% in 2021”, with an almost 700-terawatt-hour (TWh) increase, “the largest ever experienced in China”. China has not released an official figure for its CO2 emissions in 2021. (Earlier this month, China Briefing reported on separate calculations that found China’s CO2 emissions grew by 4.5% 2021.)
COAL PRODUCTION: China’s coal production rose by 10.3% year-on-year in the first two months of 2022, reaching 687m tonnes, according to a release by the National Bureau of Statistics (NBS) on Tuesday. The increase came “after Beijing encouraged miners to ramp up production for the winter heating season,
COAL STUDY: A new study has estimated that China’s total coal power capacity “may grow” by about 158GW “through 2030” – including a 202GW increase by building new plants and a 44GW decrease through retiring existing plants. Published by the Center for Global Sustainability at the University of Maryland School of Public Policy, the study projected that the country’s coal power capacity would reach 1,237GW during the 15FYP (2026-2030). It found that China’s coal fleet “may still grow” to 1,139GW by the end of the 15FYP if all of the new coal power plants in their early planning stages are cancelled.
metmike: Again, CO2 is well mixed in the global atmosphere. This more than offsets any economy damaging cuts that the US makes.
MUMBAI, May 6 (Reuters) - India is planning to reopen more than 100 coal mines previously considered financially unsustainable, as a heatwave-driven power crisis forces the world's third-biggest greenhouse gas emitter to double down on the fuel after mo
On Friday, the coal ministry's top bureaucrat said the world's second-largest producer, importer and consumer of coal after China expected to increase output by up to 100 million tonnes in the next three years by reopening closed mines.
"Earlier we were hailed as bad boys because we were promoting fossil fuel and now we are in the news that we are not supplying enough of it," Coal Secretary Anil Kumar Jain told a conference aimed at attracting more private players into coal mining.
"This is a very courageous move by the ministry and Coal India to offer very quickly large supplies of coal."
Months of declining fuel inventories at power plants culminated in the worst power crisis in more than six years in April, disrupting industrial activity and forcing India to accelerate coal mining.
A resurgence in India's hunger for coal could mean peak consumption is years away. The use of the fuel for power generation is seen growing at the fastest pace in over a decade this year.
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metmike: China and India energy policies = smart =promotes economic growth/cheaper prices +energy security
US energy policies = harmful = stifles economic growth, increases prices, causes energy insecurity
Planet earth =climate optimum not a fake climate crisis
But this is the misleading news we get from MSM sources:
https://www.nytimes.com/2021/11/04/climate/cop26-coal-climate.html
metmike: All those really dumb countries ending coal will still not be enough to offset the massive increases in the really smart countries, like China and India.
I've been predicting exactly this since the 2015 Climate Accord based on climate religion.
Re: Re: Re: Re: Re: Re: Yuri Bezmenov - Ex-KGB on Ideological Subversion in America
By metmike - Sept. 2, 2019, 12:36 a.m.
https://www.marketforum.com/forum/topic/38156/#38193
The new democratic president will have us signed back up in the Climate Accord immediately after they take over;
Look what that bogus agreement does, even if countries in it, abided by commitments regarding emissions...............yeah, not your imagination, they go UP because poor counties like China and India are allowed to increase emissions with impunity(by design). It's not about CO2 emissions(CO2 is well mixed in the global atmosphere) or climate. Never was, never will be. It's about global socialism and global redistribution of wealth with the United Nations in charge.
