HomeClimate Change BullshitIndia, Australia, China, Russia pushing ‘massive’ coal expansion

India, Australia, China, Russia pushing ‘massive’ coal expansion

Author

Date

Category

India, Australia, China, Russia pushing ‘massive’ coal expansion

From The Economic Times of India:

Coal producers are actively pursuing 2.2 billion tonnes per annum of new mine projects around the world, a growth of 30 percent from current production levels, a new report from Global Energy Monitor said on Thursday.

The first-of-its-kind analysis surveyed 432 proposed coal projects globally and found a handful of provinces and states in China, Russia, India, and Australia are responsible for 77 percent (1.7 billion tonnes per annum) of new mine activity. If developed, these proposed projects boost supply to over four times the 1.5 degrees Celsius-compliant pathway necessary to meet the goal of the Paris climate agreement.

While three-fourths (1.6 billion tonnes per annum) of proposed coal mine capacity is in the early stages of planning and thus vulnerable to cancellation, the report finds one quarter (0.6 billion tonnes per annum) of proposed mine capacity is already under construction. The prospect of a low-carbon transition and tighter emission policies put these projects at risk of becoming up to $91 billion in stranded assets.

https://energy.economictimes.indiatimes.com/news/coal/india-australia-china-russia-pushing-massive-coal-expansion/83248723

 

Currently world coal output is around 8 billion tonnes a year, of which the US and EU account for 1 billion. The new capacity implied would therefore cancel out any cutbacks in the latter.

Someone tell the clown car govt that we are the odd one out. Increase our coal, gas and oil exploration and forget about global warming caused by human activity.

Importing coal from Indonesia is just stupid.

Previous article
Next article

6 COMMENTS

  1. Cindy, don’t forget to import all that dirty coal you’ll need to fire NZ generators. Just as well India and China are increasing their coal mining by 30%. Charging EVs is going to be slow and painful as we all queue up at the limited charging points to recharge on long trips.

    Duncan Garner: How will Jacinda Ardern get Kiwis into electric cars that don’t exist in New Zealand?
    https://www.newshub.co.nz/home/politics/2021/06/duncan-garner-how-will-jacinda-ardern-get-kiwis-into-electric-cars-that-don-t-exist-in-new-zealand.html

    Jacinda Ardern’s Government has piled all sorts of pressure on itself by passing a climate change law that requires it to lay out how it will reduce pollution into the atmosphere by the end of this year.

    How will Ardern get Kiwis into electric cars that simply don’t exist in New Zealand?

    9

    0

  2. Clean coal just makes sense. There is enough coal to last the human race thousands of years even with the present population and if the efforts of Gates, Soros and Fauci are successful to say nothing of the millions who will die in the coming cold and hungry times over the next 50 or 60 years much longer than that.

    5

    0

Recent posts

Have Your Say

Have Your Say

Stop Immigration

Recent comments

howitis on Have Your Say
Curious on Have Your Say
Braybots nemesis on Have Your Say
Sooty on Have Your Say
Braybots nemesis on Have Your Say
Sooty on Have Your Say
Braybots nemesis on Have Your Say
waikatogirl on Have Your Say

Pike is our weekly review of the most popular posts and comments seen on YSB in the past week.
Hamilton
clear sky
18.1 ° C
20.8 °
17.9 °
67 %
0.5kmh
7 %
Fri
22 °
Sat
23 °
Sun
22 °
Mon
21 °
Tue
19 °
NZD - New Zealand Dollar
USD
1.6208
EUR
1.7492
AUD
1.0700
CAD
1.1915
GBP
2.0399
JPY
0.0113
CNY
0.2267
INR
0.0194