FT: China Ramping Up Coal Power Production
For those of you monitoring the Montana Politics (#MTPol) thread on Twitter, you'll notice that the environmental activists love to lecture us about how "coal is dead" or how "coal is dying." Oh really?
Well, first off- if coal is dead then why are the radical environmentalists still trying to hard to kill it with lawsuits, regulatory actions, and efforts to block coal export terminals? I mean- if coal is dead, then why are the enviro activists working so hard to beat a dead horse? Maybe it's because coal isn't dead.
Jonathan Swan with Axios Media shared a very interesting article from the Financial Times, which noted:
China is set to add new coal-fired power plants equivalent to the EU’s entire capacity, as the world’s biggest energy consumer ignores global pressure to rein in carbon emissions in its bid to boost a slowing economy.