4 ms·

The scarcity isn’t going to disappear given the war in Ukraine for a long while. Coal was on a downward trend for a long time. Sure, it’ll lose out over time to

The scarcity isn’t going to disappear given the war in Ukraine for a long while. Coal was on a downward trend for a long time. Sure, it’ll lose out over time to renewables. But it is a new normal for a good while.

ChuckNorris89 4y ago
>Coal was on a downward trend for a long time Not true at all. Only if you look in the west yeah. Globally, coal burning has been going higher and higher thanks to China's growth who's now burning more than ever, and now so is Europe.
qikInNdOutReply 4y ago
This is simply not true. Coal is the biggest Energy component of all chinas new investments and a default construction for alot of the 2nd world. https://www.carbonbrief.org/mapped-worlds-coal-power-plants/ https://www.carbonbrief.org/mapped-worlds-coal-power-plants/
- throwayyy479087 4y ago
  Coal is more labor intensive than other forms of power. It also doesn’t require particularly skilled labor. That makes it deeply unappealing to the West and deeply appealing to developing countries with low labor and high unemployment rates.
  - qikInNdOutReply 4y ago
    Too which the west has outsourced a large part of its industry, making it appealing for the whole planet.
- deleted 4y ago
  [deleted]
- oneoff786 4y ago
  It is complicated. It was rising for the past several years but rising from a point below peak consumption from about a decade ago. The same applies to China individually. The US rate was falling. India and China were rising. China probably would have leveled off and declined shortly after. India would likely have continued to rise but not enough to have offset losses on other sides. The loss of Russian gas to Europe increases LNG prices for everyone because now there’s a much smaller supply because shipping it is harder and there’s a big competition for the smaller amounts that are floating about.

4 ms·

The scarcity isn’t going to disappear given the war in Ukraine for a long while. Coal was on a downward trend for a long time. Sure, it’ll lose out over time to

by oneoff786 4y ago

ChuckNorris89 4y ago
>Coal was on a downward trend for a long time Not true at all. Only if you look in the west yeah. Globally, coal burning has been going higher and higher thanks to China's growth who's now burning more than ever, and now so is Europe.
qikInNdOutReply 4y ago
This is simply not true. Coal is the biggest Energy component of all chinas new investments and a default construction for alot of the 2nd world. https://www.carbonbrief.org/mapped-worlds-coal-power-plants/ https://www.carbonbrief.org/mapped-worlds-coal-power-plants/
- throwayyy479087 4y ago
  Coal is more labor intensive than other forms of power. It also doesn’t require particularly skilled labor. That makes it deeply unappealing to the West and deeply appealing to developing countries with low labor and high unemployment rates.
  - qikInNdOutReply 4y ago
    Too which the west has outsourced a large part of its industry, making it appealing for the whole planet.
- deleted 4y ago
  [deleted]
- oneoff786 4y ago
  It is complicated. It was rising for the past several years but rising from a point below peak consumption from about a decade ago. The same applies to China individually. The US rate was falling. India and China were rising. China probably would have leveled off and declined shortly after. India would likely have continued to rise but not enough to have offset losses on other sides. The loss of Russian gas to Europe increases LNG prices for everyone because now there’s a much smaller supply because shipping it is harder and there’s a big competition for the smaller amounts that are floating about.