Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (1325820)	10/22/2021 5:22:18 PM
From: Bonefish	1 Recommendation Recommended By Winfastorlose Read Replies (1) \| Respond to of 1572989

How many new coal power plants has China opened up in the last year? breitbart.com

To: Wharf Rat who wrote (1325820)	10/22/2021 8:02:58 PM
From: Tenchusatsu	1 Recommendation Recommended By Mick Mørmøny Read Replies (1) \| Respond to of 1572989

Wharfie, China is short of power cuz the coal generators were going broke because of the cost of coal And why do you think the cost of coal is skyrocketing? Maybe it's because they shut down their coal mining operations? Maybe they ramped down coal production too soon? Maybe they were a bit too eager to move away from coal? That's not a far-fetched theory, by the way. Beijing also wants to clean up their air. The smog there is heinous. It makes the wildfire air here in California look pristine. That's why there will be a lot of storage in a carbon-free society.. The storage solutions aren't cheap enough yet. Even water reservoirs are quite expensive and have a big impact on the environment. And large-scale Li-Ion isn't going to be the answer. There are some technologies currently in development, but one of them would have to represent a breakthrough before the stage problem can be solved. No matter what, though, you greenies will always try to put the cart before the horse. Texas became too reliant on wind energy, only to get screwed over when said windmills were not engineered for cold weather. California is experiencing blackouts thanks to PG&E, yet we're going to stress the electrical grid even more thanks to Newsom's "bold" march to a "carbon-free" future. And here you are, trying desperately to blame the unreliability of green energy on a lack of backup fossil fuels, LOL ... Tenchusatsu

To: Wharf Rat who wrote (1325820)	10/23/2021 12:25:29 AM
From: Maple MAGA	3 Recommendations Recommended By Mick Mørmøny miraje Winfastorlose Read Replies (1) \| Respond to of 1572989

"How Dare You?" - These Countries Are The Most Committed To Coal BY TYLER DURDEN FRIDAY, OCT 22, 2021 - 11:20 PM The already ambitious global carbon emission reduction goals were dealt a significant blow this month as China, having recently pledged to end all future foreign coal power projects, announced that they would be further committing to domestic coal expansion - likely pushing back the year the country expects to reach peak emissions (currently 2030), referencing a new “phased timetable and roadmap for peaking carbon emissions” Statista's Martin Armstrong reports that, in a statement after a meeting of Beijing’s National Energy Commission, the Chinese premier, Li Keqiang said: “Given the predominant place of coal in the country’s energy and resource endowment, it is important to optimise the layout for the coal production capacity, build advanced coal-fired power plants as appropriate in line with development needs, and continue to phase out outdated coal plants in an orderly fashion. Domestic oil and gas exploration will be intensified.” As data from Global Energy Monitor shows, planned and under construction coal plants in China already totaled 238 projects in July 2021, equating to an expected 260,017 megawatts of capacity. You will find more infographics at Statista This new output accounts for over half of all the world's currently under construction coal energy capacity and puts China firmly ahead of all other countries still investing in the fossil fuel. We know at least on person is going to be furious...