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>China’s energy companies will make up nearly half of the new coal generation expected to go online in the next decade. https://www.nytimes.com/2017/07/01/clim

• Retric 8y ago
  That's not saying what you think it's saying. "Chinese corporations are building or planning to build more than 700 new coal plants at home and around the world." Coal is very much on the way out, but it's not quite useless yet. Far more coal power plants are going to be destroyed in the next 10 years than built. But, if you are going to build a coal powerplant then paying a Chinese company can be a good choice.
  • ryanmercer 8y ago
    Fact is, they're building more coal plants in the country because they can more quickly meet energy demands with coal and as of last September the world was building coal plants faster than they were being closed (and I suspect China is).
    • Retric 8y ago
      "Shanghai Electric Group, one of the country's largest electrical equipment makers, has announced plans to build coal power plants in Egypt, Pakistan and Iran with a total capacity of 6,285 megawatts — almost 10 times the 660 megawatts of coal power it has planned in China." So yea china is still building some coal but not that much looking at actual production presents a different story. Electricity production in China (TWh) From coal 2014 4,354 2015 4,115 2016 3,906 https://en.m.wikipedia.org/wiki/Electricity_sector_in_China https://en.m.wikipedia.org/wiki/Electricity_sector_in_China