Collusion? November 22, 2019

Collusion: I've always maintained that the anti-fracking crowd is funded/backed by Russia and Saudi Arabia. This is not rocket science. Putin's most recent remarks confirm my thoughts on this. Story easily found; no links provided. Don't need to add pageviews to those stories.

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China: Coal

FWIW

Biggest energy story of the month, year? We've talked about it often but it seems no one else does. Tyler Durden over at zerohedge posted a great essay a couple of days ago on China, coal, and Greta's imminent meltdown. Not! She's enjoying the good life. But I digress.

Look at this one data point: this should scare the heck out of the Union of Concerned Scientists:

Hopefully that is about to change because as the FT reports, China is set to add an army of 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.

Across China, a whopping 148GW of heavily-polluting, coal-fired plants are either being built or are about to begin construction, according to a report from Global Energy Monitor, a non-profit group that monitors coal stations. Putting that number in context, the current capacity of the entire EU coal fleet is 149GW, or the same as what China is about to add.

This is even scarier -- quick! Why is this graphic so scary? Answer is below the graphic.

Why is this graphic so scary? The data is old -- prior to 2015. And we have yet to see the surge in coal plants yet to be built in China.