They are also adding loads of wind, solar, and nuclear (6-8 new plants a year!). Objectively speaking, China is not a country we should be worried about in making the green transition. India, Indonesia, and the rest of the developing world face much bigger problems financing and building the necessary infrastructure. And unfortunately, there has been very little headway in tackling these problems.
this post was submitted on 04 Dec 2023
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China is also building a shit ton of nuclear. China's issue is trying to keep up with it's growing power demands period.
This is the best summary I could come up with:
But a sudden flurry of approvals of new coal-fired plants in recent years raises doubts about China's commitment to phasing out the fossil fuel, and its key role in the country's energy security plans shows the difficult task that lies ahead for world leaders.
The surge in new coal-fired power stations has provided an economic lifeline for some, including a woman surnamed Li, who owns a fruit shop near the Yushen Yuheng plant.
She said she left her hometown of Yangquan in neighbouring Shanxi province after curbs on coal stymied development there, and is betting on growth around the Yushen Yuheng plant.
Despite overseas pressure, China climate envoy Xie Zhenhua told diplomats in September that energy security concerns meant phasing out fossil fuels remained "unrealistic".
To be sure, China is seeking to mitigate the emissions impact of new coal plants, which Beijing says will eventually serve as backups to the massive amounts of renewable capacity being added to the grid.
Concerned about power shortages, China's state planner announced a capacity price mechanism that, beginning in January, will pay generators to have coal plants operational, regardless of whether they are used.
The original article contains 911 words, the summary contains 190 words. Saved 79%. I'm a bot and I'm open source!