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China halts work on partly built coal plants. http://dailytimes.com.pk/business/23-Oct-16/china-axes-part-built-coal-power-plants http://dailytimes.com.pk/busi
by ocschwar 10y ago
China halts work on partly built coal plants.
http://dailytimes.com.pk/business/23-Oct-16/china-axes-part-built-coal-power-plants http://dailytimes.com.pk/business/23-Oct-16/china-axes-part-...
- toomuchtodo 10y agoAnd their renewables deployment is so fast, overcapacity is a concern. http://www.marketwatch.com/story/chinas-growth-in-renewable-energy-raises-overcapacity-concerns-iea-2016-10-25 http://www.marketwatch.com/story/chinas-growth-in-renewable-... EDIT: I'm not ready to call climate change solved yet, but at the deployment trajectory China is on, the rest of the world will have no choice but to follow, as China is pushing renewable generation costs very low (which undercuts nuclear and fossil fuels, pushing their prices higher making renewables even more competitive). Solar and wind are both below 3 cents/kWh unsubsidized, with wind expected to fall another 15% in the next 2-3 years, and solar another 25% in the same time period. https://en.wikipedia.org/wiki/Too_cheap_to_meter https://en.wikipedia.org/wiki/Too_cheap_to_meter
- mzw_mzw 10y agoAnd as we all know, if there's any nation whose official economic statistics are completely trustworthy, it's China. Why, even if China's famously open and transparent government did feel the urge to mess with the statistics, their dynamic free press, unfettered by government controls, would be all over it.
- yread 10y agoWell, you don't have to trust just statistics, go visit one of these: https://en.wikipedia.org/wiki/List_of_dams_and_reservoirs_in_China https://en.wikipedia.org/wiki/List_of_dams_and_reservoirs_in...
- mzw_mzw 10y agoI don't think you can just gaze at a dam from the visitors' center and accurately deduce how much renewable energy is being produced by hydroelectric power across one of the largest countries in the world. Why, even buying a souvenir T-shirt in the gift shop might not be enough to gain that information.
- Retric 10y agoThere are nuclear power plants that are being decommissioned early in the US from lower renewable costs. http://www.npr.org/2016/10/24/498842677/waste-families-left-behind-as-nuclear-plants-close http://www.npr.org/2016/10/24/498842677/waste-families-left-...