3 ms·
China is all in on renewables but they are still building new coal plants today. They need all the energy they can get to power their economy. Russia can build
by qqtt 5y ago
China is all in on renewables but they are still building new coal plants today. They need all the energy they can get to power their economy. Russia can build energy pipelines to China at will, and there is plenty of time over the next 10 years to wean themselves off Germany and Europe's dependence and ramp up China exports.
https://www.theguardian.com/environment/2021/oct/12/china-coal-fired-plants-uk-cop26-climate-summit-global-phase-out https://www.theguardian.com/environment/2021/oct/12/china-co...
https://en.wikipedia.org/wiki/Power_of_Siberia https://en.wikipedia.org/wiki/Power_of_Siberia
Timely joint announcement: https://www.reuters.com/world/asia-pacific/exclusive-russia-china-agree-30-year-gas-deal-using-new-pipeline-source-2022-02-04/ https://www.reuters.com/world/asia-pacific/exclusive-russia-...
- LargoLasskhyfv 5y agoFrom your timely joint announcement: "...to settle in euros." Uh Oh!