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16744
From: JTRIV, [DNS_Address]
Subject: China Set for Massive Coal Expansion in Threat to Climate Goals
URL: China Set for Massive Coal Expansion in Threat to Climate Goals
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China Set for Massive Coal Expansion in Threat to Climate Goals Bloomberg News November 20, 2019, 2:26 AM CST China has enough coal-fired power plants in the pipeline to match the entire capacity of the European Union, driving the expansion in global coal power and confounding the movement against the polluting fossil fuel, according to a report. The nation has almost 148 gigawatts of coal-fired capacity under active construction or likely to be resumed after being suspended, Global Energy Monitor, a non-profit group that tracks coal stations, said in the report Thursday based on plant-by-plant data. That’s almost equivalent to 150 gigawatts of existing coal fleet capacity in the EU and more than the combined 105 gigawatts under construction in the rest of the world, it said. In contrast to many other countries, including the U.K.’s pledge to shut all coal plants by 2025, Beijing remains committed to coal as its biggest source of power, representing a major challenge to global emissions reduction targets. Its additions in the 18 months to June dwarf declines elsewhere in the world, according to the report. “As more countries turn away from coal and retire their plants, China’s continued pursuit of coal is increasingly out of step with the rest of the world, and is now effectively driving the ongoing expansion of the global coal fleet,” the report said. China’s National Development & Reform Commission, its top economic planner, the National Energy Administration and the China Electricity Council didn’t respond to requests for comment. Though China has spent more on clean energy than any other country and is pushing to burn natural gas instead of coal to counter smog, it’s still pumping money at home and abroad into coal-fired generation. Meanwhile, growing climate-change pressure has spurred a retreat from thermal coal by top miners such as Rio Tinto Group and BHP Group Plc and prompted lenders including Standard Chartered Plc and HSBC Holdings Plc to slash financing for new coal projects. Worldwide coal-power capacity grew by almost 35 gigawatts from 2018 through June 2019 as an increase in China’s fleet offset a decline of 8.1 gigawatts in other countries. The nation is on track to cap installed coal power capacity at 1,100 gigawatts by 2020. However, its coal and power industry groups are proposing further expansion to capacity of 1,200 to 1,400 gigawatts by 2035, according to the report. Should that be adopted, China alone would have more than triple the limit on worldwide coal power determined by the Paris climate agreement to keep global warming well below 2 degrees Celsius (3.6 degrees Fahrenheit), GEM said. Instead, China needs to cut its current coal power capacity of 1,027 gigawatts more than 40% in order to meet the reductions required to meet the 2-degree target, according to GEM’s analysis. The report, by Christine Shearer, Aiqun Yu, and Ted Nace, used data compiled by GEM’s Global Coal Plant Tracker. China has been closing about 8 gigawatts of coal power capacity annually for the past several years, Nace said in an email, adding that “in order to retire the large amounts of capacity needed to meet Paris mandates, China will have to soon begin retiring much younger plants.” GEM, originally founded as CoalSwarm, describes itself on its website as “an incubator for innovative projects in ecology and social justice” and has received funding from groups including ClimateWorks Foundation, the National Resources Defense Council and the Sierra Club Foundation. Michael R. Bloomberg, the founder and majority stakeholder of Bloomberg LP, the parent company of Bloomberg News, has committed $500 million to launch Beyond Carbon, a campaign aimed at closing the remaining coal-powered plants in the U.S. by 2030 and slowing the construction of new gas plants. |
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[16750] [16756] [16757] [16759] [16760] [16761] [16762] [16763] [16752] [16753] [16758] [16754] [16746] [16747] [16748] [16751] [16745] [16749]
16750
From: Teresa N Cal, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Why do we still do business with these people? Our money is encouraging this!!! |
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[16756] [16757] [16759] [16760] [16761] [16762] [16763] [16752] [16753] [16758] [16754]
16756
From: Akira, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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The Trump administration policies denying climate change and withdrawing from climate treaties is what's largely encouraging this. |
16757
From: JTRIV, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Hi Akira, > The Trump administration policies denying climate > change and withdrawing from climate treaties is > what's largely encouraging this. LOL well NO. China's emissions have been growing and growing for decades. China's emissions surpassed US emissions in 2005 and are now double our emissions and still rapidly growing. China signed the Paris Agreement which didn't require ANYTHING of the world's biggest emitter. That was the same thing that doomed the Kyoto Protocol. China only committed that they hope to peak their emissions by 2030.... meaning they will continue to grow emissions by more than the rest of the world could possibly cut. That's not Trump's fault.... it was another meaningless agreement that Obama signed that if it succeeded global emissions would have kept rising. And they patted themselves on that back for that! Cheers Jim |
16759
From: Akira, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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It boils down to zero global leadership from the world's (alleged) greatest power, the U.S. I don't care who is president, they have a moral obligation to lead by example. Trump has utterly failed. He has zero vision, imagination or concern for future generations. Cheers! |
16760
From: JTRIV, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Hi Akira, I understand a lot of people are fixated on Trump... but this is an issue that has been around for many years and isn't related to what people may think about our President. If anything it was the rather incompetent Obama administration that negotiated and signed on to the Paris agreement which didn't put any goal on the largest and fastest growing emitter on the planet. What a great deal that if the US and every other nation actually achieved their promised reductions global CO2 emissions would continue to grow. Mickey Mouse could be President and it wouldn't matter... China is driving global emissions and they continue to increase their use of coal. Cheers Jim |
16761
From: ryan, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
| jina may be driving emissions now but we set the bar and the paradigm...unconscious fools unaware of the consequences of their actions and feeble "technology"...and it is the US that drives the world economy...we are the main consumers and arrogantly continue our misguided ways...we think we understand physics and the law, that every action has an equal and opposite reaction...we made and set up the game, now you want the new players to pay for the results of our ignorance...we should be leading the efforts to initiate change, awareness and technological consciousness...but we continue to wallow in our own shit and refuse to accept our culpability for the problems we have caused...own it jim, it will set you free... |
16762
From: JTRIV, [DNS_Address]
Subject: Re: Self-flagellation???
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Hi ryan, I get that you want the US to fall on our collective swords as punishments for whatever you feel so guilty about. But all this climate talk is supposed to be about.... well CLIMATE and not just some self- flagellation for those with some misguided guilt. Isn't that the goal? Isn't this supposed to be about actually reducing global emissions? Or maybe I'm the one that is wrong... after all the climate treaties they keep working out seem to accept rapidly rising global emissions. And you really do need to update your view of China. They have more middle class consumers than the US has people. More cars and other consumer goods are sold in China that the US. China is a major world power in every sense of the word... and still exempted from climate treaties. Why is that? Are there that many people into self-flagellation? Cheers Jim |
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[16763]
16763
From: ryan, [DNS_Address]
Subject: Re: Self-flagellation???
| guess you're not a leader....don't worry, you have lots of company... |
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None
16752
From: JTRIV, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Who do you think I do business with when? LMAO... Cheers Jim |
16753
From: Teresa N Cal, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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I don't know who you do business with. I avoid Chinese made products. As well as those from high polluters. Grow my own and sell to local. Buy local. I live in Cali and see garlic from China sold here! We grow it here. Why ship it from 1/2 way around the world. It is ridiculous. |
16758
From: JTRIV, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Hi Teresa, Sure, I also try to avoid Chinese products. But China has more middle class consumers than the US so their emissions aren't just because of what they ship overseas. More cars are sold each year in China than the US. The sames goes for pretty much all consumer goods. They have 1.4 billion people. Cheers Jim |
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16754
From: Eve, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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16746
From: ryan, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
| following lardass' lead... |
16747
From: JTRIV, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Hi ryan, LOL sure, it is always some one else's fault than the people on the other side of the planet putting out the most emissions. Dumabss... Jim |
16748
From: ryan, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
| same ol' cracker jim...can't take responsibility for his and his country' actions...always looking to blame someone else... |
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[16751]
16751
From: JTRIV, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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So you are still in denial that people on the other side of the planet are driving global emissions??? LOL you never were willing to grasp the big picture. That's OK, a lot of people who feel holier than thou make the same stupid mistake. The aging hippies never seem capable of seeing the big picture. Cheers Jim |
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16745
From: Jeff/Lake Almanor,CA, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
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Hi Jim, Welcome to human nature. When you tell somebody what they can't do, the first thing they do is what you said not to... In all walks of life.... Nice to hear/see you. Hope all's well, Jeff |
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[16749]
16749
From: ryan, [DNS_Address]
Subject: Re: China Set for Massive Coal Expansion in Threat to Climate Goals
| don't man up... |
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None
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