Locator: 45641COSTRENEWABLES.
The energy transition story is tracked here.
As a reminder, it all started with a comment from Peter Zeihan, March, 2022, or thereabouts.
That post: not enough land.
Now, it appears, there is not enough money. LOL. From Irina Slav:
In this instance, surprise, surprise, the adults in the room? The IMF.
In CA a they are saving the World 1 Plastic straw at a time and in China and India. During the first half of 2023 alone, China approved more than 50 GW of new coal power, Greenpeace said in a report last month. That’s more than it did in all of 2021, the environmental campaign group added.
ReplyDeleteIn India, coal still generates around 70% of the country’s electricity.
“Despite an aspirational 2070 carbon neutral target, India is still investing heavily in new coal power to support growth, with a pipeline of over 50 GW of projects planned and under construction,” Wood Mackenzie said.
You and I and Wood Mackenzie are all on the same page of music.
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