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Biden to rejoin Paris Accord as China is building dozens of new coal plants
Jinping Joe wants China to succeed economically as Americans suffer.
https://www.reuters.com/article/china-coal/china-has-250-gw-of-coal-fired-power-under-development-study-idUSL4N2E20HSSHANGHAI, June 25 (Reuters) -
China has nearly 250 gigawatts (GW) of coal-fired power now under development, more than the entire coal power capacity of the United States, a new study said on Thursday, casting doubt on the country’s commitments to cutting fossil fuel use.
Beijing has vowed to replace coal with cleaner energy forms, but new coal project approvals have accelerated this year, according to the study by Global Energy Monitor (GEM) and the Centre for Research on Energy and Clean Air (CREA).
“While much of the world is moving away from coal, China continues to make it a central part of its energy mix,” said Christine Shearer, coal programme director at GEM.
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It now has 97.8 GW of coal-fired power under construction, and another 151.8 GW at the planning stage. Plants accounting for some 17 GW were allowed to start construction this year, more than the total amount approved during the previous two years.
China’s energy regulator said last week that it would shut small and inefficient mines and eliminate “backward” coal power plants this year. However, it aims to cut the share of coal in its total energy mix by just 0.2 percentage points, compared to 1.5 percentage points in 2019.
Kind of like your opponent lining up to punt on 4th and 1 from midfield.