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> Also, China is not a "poor country" anymore. It's time it started setting money aside for "investment in poor countries", too https://en.wikipedia.org/wiki/B
by chriswarbo 5y ago
> Also, China is not a "poor country" anymore. It's time it started setting money aside for "investment in poor countries", too
https://en.wikipedia.org/wiki/Belt_and_Road_Initiative https://en.wikipedia.org/wiki/Belt_and_Road_Initiative (although that also includes some coal plants)
> rather than build hundreds more coal power plants in the next five years
China's coal plants are a combination of two factors:
- Inertia/entrenched interests (i.e. it makes powerful people more wealthy). This is certainly a problem, but it's a hard problem to solve when even Xi Jinping's authority isn't enough to prevent it.
- The immense scale of everything China's doing. For example, they're also building more nuclear plants than anyone else https://en.wikipedia.org/wiki/Nuclear_power_by_country https://en.wikipedia.org/wiki/Nuclear_power_by_country they also have the most photovoltaics https://en.wikipedia.org/wiki/Growth_of_photovoltaics https://en.wikipedia.org/wiki/Growth_of_photovoltaics etc.