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And it is starting to work http://www.reuters.com/article/2015/03/26/china-coal-idUSL3N0WL32720150326 http://www.reuters.com/article/2015/03/26/china-coal-idUSL
by jerven 11y ago
And it is starting to work http://www.reuters.com/article/2015/03/26/china-coal-idUSL3N0WL32720150326 http://www.reuters.com/article/2015/03/26/china-coal-idUSL3N...
with decline in coal use starting.
- Qworg 11y agoActually, I think it is debatable - a large portion of the decline could be pinned on the reduction of demand. If China roars back, so will the coal plants.
- jerven 11y agoCould be, but I guess that burning coal will not lead to enough value and will roar back less than the other sources.
- toomuchtodo 11y agoBy the time China roars back (years, at least), coal won't be economically viable (as long as wind and solar manufacturers continue to manufacture at full tilt).
- justincormack 11y agoCoal is subsidised in China, and a lot is produced by state owned firms. So price does not necessarily matter so much, it is political will.
- drumdance 11y agoUnfortunately those numbers are suspect: http://www.nytimes.com/2015/11/04/world/asia/china-burns-much-more-coal-than-reported-complicating-climate-talks.html?_r=0 http://www.nytimes.com/2015/11/04/world/asia/china-burns-muc...
- jerven 11y agoThank you, interesting link.