Economy
What Climate Emergency? China Ramps Up Coal Output For The Winter
Globalists are working around the clock trying to move the world off of fossil fuels.
The World Economic Forum is leading the charge: This initiative convenes global manufacturing leaders to work on cutting global carbon emissions in the sector by 50% by 2030.
UN Secretary-General António Guterres said in September, “the climate emergency is a race we are losing, but it is a race we can win”.
China is not playing ball and already has 1,110 operational coal power plants as of January 2022.
China’s global leading coal output will be is increasing further as the People’s Republic of China braces for the coming winter.
The Red Dragon is not concerned about, what climate change activists and World Economic Forum members are calling the world’s most pressing crisis, according to a report by the state-run Global Times
The Global Times threw in a token claim about “ramping up the volume of power generated from new-energy sources,” but coal is the workhorse of Chinese energy, so the government is creating a “system ready for the daily dispatch of coal output nationwide and a mechanism to monitor prices and inventories.”
China is prepared to burn as much coal as it takes to avoid last year’s winter power shortages:
Coal producers have increased output to ensure supply. In the first three quarters, the output of industrial raw coal by enterprises above designated size was 3.32 billion tons, up 11.2 percent year-on-year, according to statistics released by the National Bureau of Statistics (NBS) on Monday.
The fourth quarter is the peak season for coal use. In addition to heating, coal supplies for power generation also need to be guaranteed, a veteran industry insider told the Global Times on Tuesday.
“This winter, it’s unlikely we’ll see power outages seen last year. One of the most important reasons is the implementation of the electricity price mechanism reform, which enhanced the willingness of thermal power enterprises to produce electricity,” said the insider, noting that the increased connection of new-energy sources with power grids also helps ease power shortage.
According to the Global Times’ energy industry sources, the biggest concern is that “extreme weather might disrupt rail transport” and slow those massive coal shipments. One railroad in particular, the Datong-Qinhuangdao Railway, moves almost a quarter of China’s coal and supplies 350 power plants, in addition to ten “major iron and steel enterprises.”
The Chinese government, therefore, instructed power plant operators to “strive for a relatively high inventory level, in case extreme weather disrupts coal transportation.”
In addition to enormous domestic production, China imports all the coal it can get its hands on, including a booming supply from its ally Russia.
The Kremlin plans to increase its energy supplies to Asia, China in particular, to offset a slump in exports to the West, which has imposed sanctions on Russia over the conflict in Ukraine.
Russia is the world’s sixth-largest coal producer and one of the top coal exporters, along with Indonesia and Australia. Its share of global coal exports reached 17% last year with supply of 223 million tonnes.
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