GREEN NEW DEAL = BLIZZARD OF LIES

[Ron Wagner + 710]

13 hours ago, Jay McKinsey said:

Super Exciting News:

EV battery gigafactory with 54 GWh output planned for southern California's Lithium Valley

To supply the buildout of about 650,000 EV batteries per year, a new company called Statevolt signed a letter of intent to build a $4 billion facility that sources local lithium.

A new company called Statevolt has been launched with the goal of creating a southern California EV battery gigafactory with an output of 54 GWh, equivalent to about 650,000 electric vehicles supplied annually. The project is expected to require a $4 billion capital expenditure. 

This was announced by Lars Carlstrom, founder and CEO of Italvolt, which plans to launch a similar 45 GWh facility in northern Italy, to be designed and engineered by ABB. 

In launching the Imperial Valley, California-based Statevolt, Carlstrom signed a letter of intent with Controlled Thermal Resources (CTR). In addition to lithium output, CTR will also develop geothermal power facilities. Statevolt is currently undergoing due diligence to determine the location of the gigafactory. 

The partnership with CTR is expected to enable Statevolt operate a ‘hyper-local’ business model, sourcing the key feedstock of lithium from local resources. The company said this model leads to a more sustainable and secure supply chain, creating a local micro-industry and creating 2,500 jobs in the Imperial Valley region. 

https://pv-magazine-usa.com/2022/04/19/ev-battery-gigafactory-with-54-gwh-output-planned-for-southern-california/

 

I have been saying all along that California and other American areas have lots of lithium and this is just one example. The eco freaks have been, and are hampering our economy for decades now. 

[Jay McKinsey + 1,490]

6 hours ago, Ron Wagner said:

I have been saying all along that California and other American areas have lots of lithium and this is just one example. The eco freaks have been, and are hampering our economy for decades now. 

No one is hampering lithium production at the Salton Sea. However here are a bunch of farmer freaks hampering US energy production and private property rights:

Windmill Farm greeted by a negative front

By Crawford County Now Staff April 22, 2022 11:47 am

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One person against the wind turbines told the commissioners that he believes it is the right of property owners to do whatever they choose on their property as long as they don’t infringe on the rights of their neighbors.

He likened the giant windmills to someone building a 65-story high apartment building outside your front door. Calling the windmills a giant eyesore, it was noted that you could see as far as 32 miles from where they are anchored.

 

https://crawfordcountynow.com/local/windmill-farm-greeted-by-a-negative-front/

Edited April 22, 2022 by Jay McKinsey

[notsonice + 1,255]

2 hours ago, Jay McKinsey said:

No one is hampering lithium production at the Salton Sea. However here are a bunch of farmer freaks hampering US energy production and private property rights:

Windmill Farm greeted by a negative front

By Crawford County Now Staff April 22, 2022 11:47 am

• Facebook
• LinkedIn
• Twitter
•  

One person against the wind turbines told the commissioners that he believes it is the right of property owners to do whatever they choose on their property as long as they don’t infringe on the rights of their neighbors.

He likened the giant windmills to someone building a 65-story high apartment building outside your front door. Calling the windmills a giant eyesore, it was noted that you could see as far as 32 miles from where they are anchored.

 

https://crawfordcountynow.com/local/windmill-farm-greeted-by-a-negative-front/

Crawford County has been on a decline since the 80's .........Loss of manufacturing jobs is the reason.....Guess they like welfare over work......

 

A giant eyesore....fat people....when you look at the crowd most of them  qualify

Census	Pop.		%±
1830	4,791		—
1840	13,152		174.5%
1850	18,177		38.2%
1860	23,881		31.4%
1870	25,556		7.0%
1880	30,583		19.7%
1890	31,927		4.4%
1900	33,915		6.2%
1910	34,036		0.4%
1920	36,054		5.9%
1930	35,345		−2.0%
1940	35,571		0.6%
1950	38,738		8.9%
1960	46,775		20.7%
1970	50,364		7.7%
1980	50,075		−0.6%
1990	47,870		−4.4%
2000	46,966		−1.9%
2010	43,784		−6.8%
2020	42,025		−4.0%

Edited April 22, 2022 by notsonice

[Ecocharger + 1,475]

21 hours ago, notsonice said:

I did not write the article.....You sure do get upset when increases in EV's keep happening......

 

Do not worry I am sure when you and your clunker run out of gas and there are no gas stations (think 2035 it is right around the corner) that you can Uber to the autodealer to buy a used Tesla....that is if you got an any money as no one will take your clunker gas hog in trade... HA HA HA

Let me know how your current fossil fuel vehicle is serving you....much better than the EV alternative, I am sure.

[Ecocharger + 1,475]

21 hours ago, notsonice said:

coal production is at an all-time high....only in China.... the rest of the world it is going down down down.......Like your master on Stormy.......

On a world-wide basis, coal is approaching all-time highs.

[notsonice + 1,255]

3 hours ago, Ecocharger said:

On a world-wide basis, coal is approaching all-time highs.

approaching??? you have stated over and over again they already are at all time highs in 2021 and 2022...

Which is it ???? approaching or already have reached them in 2021 and 2022......

Back to facts ....since you love to ignore them.......Peak coal happened in 2014 .......Enjoy the ride down......

 

[notsonice + 1,255]

3 hours ago, Ecocharger said:

Let me know how your current fossil fuel vehicle is serving you....much better than the EV alternative, I am sure.

How is your clunker treating you???? You must love the $4 gas ..............

Enjoy April 26..............Ford will.    

2022 EV production in the US Doubling?????? Peak Oil already happened.

Rystad: Oil Demand To Sink By 1.4 Million Bpd

By Julianne Geiger - Apr 22, 2022, 4:00 PM CDT

Global oil demand will drop by 1.4 million barrels per day, according to the latest forecast by Rystad Energy on Friday cited by the National.

The 1.4 million bpd loss would sink oil demand to 99.6 million bpd on average, below 2019 levels of 100.2 million bpd. And a rebound in this demand isn’t expected to happy until next year at the soonest, Rystead said.

The drop in oil demand will likely come from the Russian invasion of Ukraine, soaring inflation, China’s covid-inspired lockdowns, and supply chain disruptions. And even more oil demand pressure could be applied through future lockdowns or geopolitical issues.

 

“Shrinking demand is a direct result of the impact of lower economic activity globally,” the consultancy said, adding that such a demand decrease could ease today’s tight oil markets, calming oil prices.

Rystad isn’t the only one lowering oil demand forecasts. OPEC cut its 2022 oil demand growth forecast by 480,000 bpd on the back of lower expected global economic growth given the war in Ukraine and China’s covid lockdowns.

The IEA also cut its oil demand forecast by 260,000 bpd to reflect the return of severe covid lockdowns in China.

Meanwhile, the World Bank and the IMF have both cut their overall global growth expectations for this year.

But Rystad isn’t changing its outlook for bullish oil prices. According to Rystad, if the Russian war in Ukraine drags on, it will increase oil and gas prices, particularly if the EU ends up banning oil and gas this year.

“The Russian war worst case for oil demand is premised on Brent prices reaching $180 per barrel in the fourth quarter, triggering a further economic slowdown and outright destruction of oil demand,” Rystad said.

By Julianne Geiger for Oilprice.com

 

 

Edited April 23, 2022 by notsonice

[Ron Wagner + 710]

On 4/22/2022 at 2:36 PM, Jay McKinsey said:

No one is hampering lithium production at the Salton Sea. However here are a bunch of farmer freaks hampering US energy production and private property rights:

Windmill Farm greeted by a negative front

By Crawford County Now Staff April 22, 2022 11:47 am

• Facebook
• LinkedIn
• Twitter
•  

One person against the wind turbines told the commissioners that he believes it is the right of property owners to do whatever they choose on their property as long as they don’t infringe on the rights of their neighbors.

He likened the giant windmills to someone building a 65-story high apartment building outside your front door. Calling the windmills a giant eyesore, it was noted that you could see as far as 32 miles from where they are anchored.

 

https://crawfordcountynow.com/local/windmill-farm-greeted-by-a-negative-front/

Every political jurisdiction has a say in what is permitted to happen to the area. You want to be a dictator. Tough luck buddy. 

Tell it to all the rich people on the Cape. https://en.wikipedia.org/wiki/Cape_Wind

Edited April 24, 2022 by Ron Wagner

[Ron Wagner + 710]

On 4/22/2022 at 5:10 PM, notsonice said:

Crawford County has been on a decline since the 80's .........Loss of manufacturing jobs is the reason.....Guess they like welfare over work......

 

A giant eyesore....fat people....when you look at the crowd most of them  qualify

Census	Pop.		%±
1830	4,791		—
1840	13,152		174.5%
1850	18,177		38.2%
1860	23,881		31.4%
1870	25,556		7.0%
1880	30,583		19.7%
1890	31,927		4.4%
1900	33,915		6.2%
1910	34,036		0.4%
1920	36,054		5.9%
1930	35,345		−2.0%
1940	35,571		0.6%
1950	38,738		8.9%
1960	46,775		20.7%
1970	50,364		7.7%
1980	50,075		−0.6%
1990	47,870		−4.4%
2000	46,966		−1.9%
2010	43,784		−6.8%
2020	42,025		−4.0%

https://en.wikipedia.org/wiki/Cape_Wind  Tell it to all the rich people at the Cape. 

[Ecocharger + 1,475]

22 hours ago, notsonice said:

How is your clunker treating you???? You must love the $4 gas ..............

Enjoy April 26..............Ford will.    

2022 EV production in the US Doubling?????? Peak Oil already happened.

Rystad: Oil Demand To Sink By 1.4 Million Bpd

By Julianne Geiger - Apr 22, 2022, 4:00 PM CDT

Global oil demand will drop by 1.4 million barrels per day, according to the latest forecast by Rystad Energy on Friday cited by the National.

The 1.4 million bpd loss would sink oil demand to 99.6 million bpd on average, below 2019 levels of 100.2 million bpd. And a rebound in this demand isn’t expected to happy until next year at the soonest, Rystead said.

The drop in oil demand will likely come from the Russian invasion of Ukraine, soaring inflation, China’s covid-inspired lockdowns, and supply chain disruptions. And even more oil demand pressure could be applied through future lockdowns or geopolitical issues.

 

“Shrinking demand is a direct result of the impact of lower economic activity globally,” the consultancy said, adding that such a demand decrease could ease today’s tight oil markets, calming oil prices.

Rystad isn’t the only one lowering oil demand forecasts. OPEC cut its 2022 oil demand growth forecast by 480,000 bpd on the back of lower expected global economic growth given the war in Ukraine and China’s covid lockdowns.

The IEA also cut its oil demand forecast by 260,000 bpd to reflect the return of severe covid lockdowns in China.

Meanwhile, the World Bank and the IMF have both cut their overall global growth expectations for this year.

But Rystad isn’t changing its outlook for bullish oil prices. According to Rystad, if the Russian war in Ukraine drags on, it will increase oil and gas prices, particularly if the EU ends up banning oil and gas this year.

“The Russian war worst case for oil demand is premised on Brent prices reaching $180 per barrel in the fourth quarter, triggering a further economic slowdown and outright destruction of oil demand,” Rystad said.

By Julianne Geiger for Oilprice.com

 

 

Oil demand returns when the economy stops diving under the current Prez....won't be long until the guys at the top change chairs. 

Institutional investors still betting on high oil demand and high oil prices...they go together, in case you haven't noticed. 

Oil demand will continue to grow as long as you continue to drive your fossil fuel ICE vehicle...that's right, you are by your own dollar choices contributing to oil demand. No surprise there, the loudest loudmouth Green agitators are the ones who drive the old, gas-guzzling fossil fuel SUV's, spewing all that lovely CO2 into the atmosphere, keeping the green plants in action. 

Congratulations for your support for the oil industry.....you do the industry proud.

Edited April 24, 2022 by Ecocharger

[Ron Wagner + 710]

9 hours ago, Ecocharger said:

Oil demand returns when the economy stops diving under the current Prez....won't be long until the guys at the top change chairs. 

Institutional investors still betting on high oil demand and high oil prices...they go together, in case you haven't noticed. 

Oil demand will continue to grow as long as you continue to drive your fossil fuel ICE vehicle...that's right, you are by your own dollar choices contributing to oil demand. No surprise there, the loudest loudmouth Green agitators are the ones who drive the old, gas-guzzling fossil fuel SUV's, spewing all that lovely CO2 into the atmosphere, keeping the green plants in action. 

Congratulations for your support for the oil industry.....you do the industry proud.

Wealthy greens are the biggest polluters in many cases. Jet setters and private jets are the best example. Al Gore is the easiest target and he is the founder of the pack. 

[Eyes Wide Open + 3,555]

Another continent calls it game over!

China promotes coal in setback for efforts to cut emissions

China is one of the biggest investors in wind and solar, but jittery leaders called for more coal-fired power after economic growth plunged last year and shortages caused blackouts and factory shutdowns. Russia's attack on Ukraine added to anxiety that foreign oil and coal supplies might be disrupted.

https://www.npr.org/2022/04/25/1094586702/china-promotes-coal-in-setback-for-efforts-to-cut-emissions

[Jay McKinsey + 1,490]

McKinsey: Oil Demand Peak Could Be Two To Five Years Away

By Tsvetana Paraskova - Apr 26, 2022, 10:00 AM CDT

• McKinsey: uptake of electric vehicles is the main driver for stagnating growth in oil demand.
• McKinsey: global liquids demand to peak around 102 million barrels per day within 2-5 years.
• The chemicals sector will remain one of the few growth avenues for oil demand.Join Our Community

Slower demand for road transport could see oil demand peaking in the next two to five years, McKinsey & Company said in its new Global Energy Perspective 2022 report.

The uptake of electric vehicles is the main driver for stagnating growth in oil demand, according to McKinsey, which sees global liquids demand peaking around 102 million barrels per day (bpd) in the next two to five years, despite a near-term recovery of oil demand from the impacts of the pandemic. The analysis, however, was conducted before the Russian invasion of Ukraine, McKinsey notes in the report.

“Liquids demand in road transport is projected to decline 75% by 2050 after peaking in the early 2020s, driven by slowing growth in the number of cars on the road, increased efficiency, and accelerating uptake of electric vehicles (EVs), with bio- and synfuels decreasing demand for crude oil further,” McKinsey said in the report.

https://oilprice.com/Energy/Energy-General/McKinsey-Oil-Demand-Peak-Could-Be-Two-To-Five-Years-Away.html

[Ecocharger + 1,475]

Oil prices are expected to be healthy long term with increased demand for fossil fuel sources of energy.....no surprise there.

https://oilprice.com/Energy/Oil-Prices/World-Bank-Sees-High-Energy-Prices-For-Years-After-Russias-War-In-Ukraine.html

“Higher commodity prices exacerbate already elevated inflationary pressures around the world,” noted Ayhan Kose, Director of the World Bank’s Prospects Group.

The bank sees high commodity prices disrupting or delaying the energy transition in the near term.

“Several countries have announced plans to increase production of fossil fuels. High metal prices are also driving up the cost of renewable energy, which depends on metals such as aluminum and battery-grade nickel,” the World Bank said."

Edited April 26, 2022 by Ecocharger

[Ron Wagner + 710]

12 hours ago, Jay McKinsey said:

McKinsey: Oil Demand Peak Could Be Two To Five Years Away

By Tsvetana Paraskova - Apr 26, 2022, 10:00 AM CDT

• McKinsey: uptake of electric vehicles is the main driver for stagnating growth in oil demand.
• McKinsey: global liquids demand to peak around 102 million barrels per day within 2-5 years.
• The chemicals sector will remain one of the few growth avenues for oil demand.Join Our Community

Slower demand for road transport could see oil demand peaking in the next two to five years, McKinsey & Company said in its new Global Energy Perspective 2022 report.

The uptake of electric vehicles is the main driver for stagnating growth in oil demand, according to McKinsey, which sees global liquids demand peaking around 102 million barrels per day (bpd) in the next two to five years, despite a near-term recovery of oil demand from the impacts of the pandemic. The analysis, however, was conducted before the Russian invasion of Ukraine, McKinsey notes in the report.

“Liquids demand in road transport is projected to decline 75% by 2050 after peaking in the early 2020s, driven by slowing growth in the number of cars on the road, increased efficiency, and accelerating uptake of electric vehicles (EVs), with bio- and synfuels decreasing demand for crude oil further,” McKinsey said in the report.

https://oilprice.com/Energy/Energy-General/McKinsey-Oil-Demand-Peak-Could-Be-Two-To-Five-Years-Away.html

Could be, or could not be. Safe statements. 

[Ron Wagner + 710]

https://www.npr.org/2022/04/25/1094586702/china-promotes-coal-in-setback-for-efforts-to-cut-emissions

ASIA

Why are so many people on this site ignoring what China, India, and the rest of the world are doing regarding coal. We are still mining and exporting it and using it. They act like none of this is really happening and China will lead us into a wonderful new world of inexpensive renewables. Lets be more realistic and watch what the prices are for new wind turbines and solar panels while developing clean natural gas worldwide also. Stop looking at renewables as providing a large percentage of total energy. Electricity from renewables is a relatively small part of total energy use worldwide. RCW 

https://ourworldindata.org/energy-mix#:~:text=We see that in 2019,and 4.3% came from nuclear.

China promotes coal in setback for efforts to cut emissions

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April 25, 202212:49 AM ET

THE ASSOCIATED PRESS

BEIJING — China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source.

Official plans call for boosting coal production capacity by 300 million tons this year, according to news reports. That is equal to 7% of last year's output of 4.1 billion tons, which was an increase of 5.7% over 2020.

China is one of the biggest investors in wind and solar, but jittery leaders called for more coal-fired power after economic growth plunged last year and shortages caused blackouts and factory shutdowns. Russia's attack on Ukraine added to anxiety that foreign oil and coal supplies might be disrupted.

 

THE TWO-WAY

Smog In Western U.S. Starts Out As Pollution In Asia, Researchers Say

"This mentality of ensuring energy security has become dominant, trumping carbon neutrality," said Li Shuo, a senior global policy adviser for Greenpeace. "We are moving into a relatively unfavorable time period for climate action in China."

Officials face political pressure to ensure stability as President Xi Jinping prepares to try to break with tradition and award himself a third five-year term as ruling party leader in the autumn.

Coal is important for "energy security," Cabinet officials said at an April 20 meeting that approved plans to expand production capacity, according to Caixin, a business news magazine.

Sponsor Message

 

The ruling party also is building power plants to inject money into the economy and revive growth that sank to 4% over a year earlier in the final quarter of 2021, down from the full year's 8.1% expansion.

Governments have pledged to try to limit warming of the atmosphere to 2 degrees Celsius (3.6 degrees Fahrenheit) above the level of pre-industrial times. Leaders say what they really want is a limit of 1.5 degrees Celsius (2.7 degrees Fahrenheit).

 

ASIA

Why China has to ration electricity and how that could affect everyone

Scientists say even if the world hits the 2-degree goal in the 2015 Paris climate pact and the 2021 Glasgow follow-up agreement, that still will lead to higher seas, stronger storms, extinctions of plants and animals and more people dying from heat, smog and infectious diseases.

China is the top producer and consumer of coal. Global trends hinge on what Beijing does.

The Communist Party has rejected binding emissions commitments, citing its economic development needs. Beijing has avoided joining governments that promised to phase out use of coal-fired power.

In a 2020 speech to the United Nations, Xi said carbon emissions will peak by 2030, but he announced no target for the amount. Xi said China aims for carbon neutrality, or removing as much from the atmosphere by planting trees and other tactics as is emitted by industry and households, by 2060.

 

China accounts for 26.1% of global emissions, more than double the U.S. share of 12.8%, according to the World Resources Institute. Rhodium Group, a research firm, says China emits more than all developed economies combined.

Per person, China's 1.4 billion people on average emit the equivalent of 8.4 tons of carbon dioxide annually, according to WRI. That is less than half the U.S. average of 17.7 tons but more than the European Union's 7.5 tons.

China has abundant supplies of coal and produced more than 90% of the 4.4 billion tons it burned last year. More than half of its oil and gas is imported and leaders see that as a strategic risk.

China's goal of carbon neutrality by 2060 appears to be on track, but using more coal "could jeopardize this, or at least slow it down and make it more costly," Clare Perry of the Environmental Investigations Agency said in an email.

Promoting coal will make emissions "much higher than they need to be" by the 2030 peak year, said Perry.

"This move runs entirely counter to the science," she said.

Beijing has spent tens of billions of dollars on building solar and wind farms to reduce reliance on imported oil and gas and clean up its smog-choked cities. China accounted for about half of global investment in wind and solar in 2020.

Still, coal is expected to supply 60% of its power in the near future.

Beijing is cutting millions of jobs to shrink its bloated, state-owned coal mining industry, but output and consumption still are rising.

Authorities say they are shrinking carbon emissions per unit of economic output. The government reported a reduction of 3.8% last year, better than 2020′s 1% but down from a 5.1% cut in 2017.

Last year's total energy use increased 5.2% over 2020 after a revival of global demand for Chinese exports propelled a manufacturing boom, according to the National Bureau of Statistics.

Stimulus spending also might raise carbon output if it pays for building more bridges, train stations and other public works. That would encourage carbon-intensive steel and cement production.

China's coal-fired power plants operate at about half their capacity on average, but building more creates jobs and economic activity, said Greenpeace's Li. He said even if the power isn't needed now, local leaders face pressure to make them pay for themselves.

"That locks China into a more high-carbon path," Li said. "It's very difficult to fix."

• coal
• china

• Facebook
• Twitter
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[Jay McKinsey + 1,490]

58 minutes ago, Ron Wagner said:

https://www.npr.org/2022/04/25/1094586702/china-promotes-coal-in-setback-for-efforts-to-cut-emissions

ASIA

Why are so many people on this site ignoring what China, India, and the rest of the world are doing regarding coal. We are still mining and exporting it and using it. They act like none of this is really happening and China will lead us into a wonderful new world of inexpensive renewables. Lets be more realistic and watch what the prices are for new wind turbines and solar panels while developing clean natural gas worldwide also. Stop looking at renewables as providing a large percentage of total energy. Electricity from renewables is a relatively small part of total energy use worldwide. RCW 

https://ourworldindata.org/energy-mix#:~:text=We see that in 2019,and 4.3% came from nuclear.

China promotes coal in setback for efforts to cut emissions

• Facebook
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April 25, 202212:49 AM ET

THE ASSOCIATED PRESS

BEIJING — China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy, prompting warnings Beijing is setting back efforts to cut climate-changing carbon emissions from the biggest global source.

Official plans call for boosting coal production capacity by 300 million tons this year, according to news reports. That is equal to 7% of last year's output of 4.1 billion tons, which was an increase of 5.7% over 2020.

China is one of the biggest investors in wind and solar, but jittery leaders called for more coal-fired power after economic growth plunged last year and shortages caused blackouts and factory shutdowns. Russia's attack on Ukraine added to anxiety that foreign oil and coal supplies might be disrupted.

 

THE TWO-WAY

Smog In Western U.S. Starts Out As Pollution In Asia, Researchers Say

"This mentality of ensuring energy security has become dominant, trumping carbon neutrality," said Li Shuo, a senior global policy adviser for Greenpeace. "We are moving into a relatively unfavorable time period for climate action in China."

Officials face political pressure to ensure stability as President Xi Jinping prepares to try to break with tradition and award himself a third five-year term as ruling party leader in the autumn.

Coal is important for "energy security," Cabinet officials said at an April 20 meeting that approved plans to expand production capacity, according to Caixin, a business news magazine.

Sponsor Message

 

The ruling party also is building power plants to inject money into the economy and revive growth that sank to 4% over a year earlier in the final quarter of 2021, down from the full year's 8.1% expansion.

Governments have pledged to try to limit warming of the atmosphere to 2 degrees Celsius (3.6 degrees Fahrenheit) above the level of pre-industrial times. Leaders say what they really want is a limit of 1.5 degrees Celsius (2.7 degrees Fahrenheit).

 

ASIA

Why China has to ration electricity and how that could affect everyone

Scientists say even if the world hits the 2-degree goal in the 2015 Paris climate pact and the 2021 Glasgow follow-up agreement, that still will lead to higher seas, stronger storms, extinctions of plants and animals and more people dying from heat, smog and infectious diseases.

China is the top producer and consumer of coal. Global trends hinge on what Beijing does.

The Communist Party has rejected binding emissions commitments, citing its economic development needs. Beijing has avoided joining governments that promised to phase out use of coal-fired power.

In a 2020 speech to the United Nations, Xi said carbon emissions will peak by 2030, but he announced no target for the amount. Xi said China aims for carbon neutrality, or removing as much from the atmosphere by planting trees and other tactics as is emitted by industry and households, by 2060.

 

China accounts for 26.1% of global emissions, more than double the U.S. share of 12.8%, according to the World Resources Institute. Rhodium Group, a research firm, says China emits more than all developed economies combined.

Per person, China's 1.4 billion people on average emit the equivalent of 8.4 tons of carbon dioxide annually, according to WRI. That is less than half the U.S. average of 17.7 tons but more than the European Union's 7.5 tons.

China has abundant supplies of coal and produced more than 90% of the 4.4 billion tons it burned last year. More than half of its oil and gas is imported and leaders see that as a strategic risk.

China's goal of carbon neutrality by 2060 appears to be on track, but using more coal "could jeopardize this, or at least slow it down and make it more costly," Clare Perry of the Environmental Investigations Agency said in an email.

Promoting coal will make emissions "much higher than they need to be" by the 2030 peak year, said Perry.

"This move runs entirely counter to the science," she said.

Beijing has spent tens of billions of dollars on building solar and wind farms to reduce reliance on imported oil and gas and clean up its smog-choked cities. China accounted for about half of global investment in wind and solar in 2020.

Still, coal is expected to supply 60% of its power in the near future.

Beijing is cutting millions of jobs to shrink its bloated, state-owned coal mining industry, but output and consumption still are rising.

Authorities say they are shrinking carbon emissions per unit of economic output. The government reported a reduction of 3.8% last year, better than 2020′s 1% but down from a 5.1% cut in 2017.

Last year's total energy use increased 5.2% over 2020 after a revival of global demand for Chinese exports propelled a manufacturing boom, according to the National Bureau of Statistics.

Stimulus spending also might raise carbon output if it pays for building more bridges, train stations and other public works. That would encourage carbon-intensive steel and cement production.

China's coal-fired power plants operate at about half their capacity on average, but building more creates jobs and economic activity, said Greenpeace's Li. He said even if the power isn't needed now, local leaders face pressure to make them pay for themselves.

"That locks China into a more high-carbon path," Li said. "It's very difficult to fix."

• coal
• china

• Facebook
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Because their coal consumption is actually quite flat:

https://www.carbonbrief.org/analysis-what-does-chinas-coal-push-mean-for-its-climate-goals#:~:text=According to China's National Bureau,total energy consumption in 2021.

And they are building massive amounts of renewables:

China plans to build 450GW of renewable capacity in deserts

The project is part of the country’s strategy to increase its total wind and solar capacity to at least 1,200GW.

The Chinese government is planning to build renewable energy power projects, with 450GW of total capacity, in the Gobi Desert and other desert locations to meet its sustainability targets.

Reuters reported that as part of this initiative, the government aims to develop both solar and wind energy projects in the region.

China National Development and Reform Commission (NDRC) director He Lifeng was quoted as saying: “China is going to build the biggest scale of solar and wind power generation capacity on the Gobi and desert in history, at 450GW.”

 

Lifeng said that ultra-high voltage electricity transmission lines, as well as coal-fired power plants, would be required to ensure the stability of the power grid to support such large-scale renewable energy installations in the country.

Chinese President Xi Jinping has already committed to increasing the country’s renewable energy capacity to at least 1,200GW by 2030, as well as ensuring its carbon emissions peak by the same year.

 

Reuters reported that by the end of last year, China had installed 306GW of solar capacity and 328GW of wind energy capacity.

The news agency added that around 100GW of solar capacity is currently being built in the desert area.https://www.power-technology.com/news/china-renewable-capacity/

And of course they are the EV leader:

China Electric Car Market Reaches 26% Plugin Market Share In March

https://cleantechnica.com/2022/04/24/china-electric-car-market-reaches-26-plugin-market-share-in-march/

Edited April 27, 2022 by Jay McKinsey

[Boat + 1,324]

16 hours ago, Jay McKinsey said:

McKinsey: Oil Demand Peak Could Be Two To Five Years Away

By Tsvetana Paraskova - Apr 26, 2022, 10:00 AM CDT

• McKinsey: uptake of electric vehicles is the main driver for stagnating growth in oil demand.
• McKinsey: global liquids demand to peak around 102 million barrels per day within 2-5 years.
• The chemicals sector will remain one of the few growth avenues for oil demand.Join Our Community

Slower demand for road transport could see oil demand peaking in the next two to five years, McKinsey & Company said in its new Global Energy Perspective 2022 report.

The uptake of electric vehicles is the main driver for stagnating growth in oil demand, according to McKinsey, which sees global liquids demand peaking around 102 million barrels per day (bpd) in the next two to five years, despite a near-term recovery of oil demand from the impacts of the pandemic. The analysis, however, was conducted before the Russian invasion of Ukraine, McKinsey notes in the report.

“Liquids demand in road transport is projected to decline 75% by 2050 after peaking in the early 2020s, driven by slowing growth in the number of cars on the road, increased efficiency, and accelerating uptake of electric vehicles (EVs), with bio- and synfuels decreasing demand for crude oil further,” McKinsey said in the report.

https://oilprice.com/Energy/Energy-General/McKinsey-Oil-Demand-Peak-Could-Be-Two-To-Five-Years-Away.html

McKinsey is coming around to my kind of numbers for peak oil. 7-8 years ago my big guess was around 2030. Because of the Musk and China effect I bumped that date of peak oil to 2026 a couple of years ago. Is it possible geopolitics,disease and Mother Nature will keep intervening and we have already passed peak oil? Maybe. For now I will stick with 2026 as the date for peak oil. Of course time will tell. One thing for sure. The growth of oil consumption since 1950 being 1.5 mbpd per year is gone. Those decades have passed. Growth in demand has stagnated. 

[Boat + 1,324]

I hope Echo doesn't get jailed for his estimates for the rise of Mongolian coal. How many years do you get for disinformation? Bless his heart. I’m sure he ment well. 

[Boat + 1,324]

Judge finds Trump in contempt in New York civil fraud inquiry, fines him $10K a day; Trump to appeal

 

Break out the wallets. One of your boys is in trouble. We’ll actually two. Putin and Trump. Funny it’s an old man they both hate in charge. Who’d of thunk it. We’ll they both have problems with honoring the Constitution and following the rule of law. Is that a deal with all billionaires? Is it ego or the actual laws that get in the way. So which one of these billionaires will need Extended law enforcement. Lol

[Ecocharger + 1,475]

15 hours ago, Jay McKinsey said:

Because their coal consumption is actually quite flat:

https://www.carbonbrief.org/analysis-what-does-chinas-coal-push-mean-for-its-climate-goals#:~:text=According to China's National Bureau,total energy consumption in 2021.

And they are building massive amounts of renewables:

China plans to build 450GW of renewable capacity in deserts

The project is part of the country’s strategy to increase its total wind and solar capacity to at least 1,200GW.

The Chinese government is planning to build renewable energy power projects, with 450GW of total capacity, in the Gobi Desert and other desert locations to meet its sustainability targets.

Reuters reported that as part of this initiative, the government aims to develop both solar and wind energy projects in the region.

China National Development and Reform Commission (NDRC) director He Lifeng was quoted as saying: “China is going to build the biggest scale of solar and wind power generation capacity on the Gobi and desert in history, at 450GW.”

 

Lifeng said that ultra-high voltage electricity transmission lines, as well as coal-fired power plants, would be required to ensure the stability of the power grid to support such large-scale renewable energy installations in the country.

Chinese President Xi Jinping has already committed to increasing the country’s renewable energy capacity to at least 1,200GW by 2030, as well as ensuring its carbon emissions peak by the same year.

 

Reuters reported that by the end of last year, China had installed 306GW of solar capacity and 328GW of wind energy capacity.

The news agency added that around 100GW of solar capacity is currently being built in the desert area.https://www.power-technology.com/news/china-renewable-capacity/

And of course they are the EV leader:

China Electric Car Market Reaches 26% Plugin Market Share In March

https://cleantechnica.com/2022/04/24/china-electric-car-market-reaches-26-plugin-market-share-in-march/

China still less than 1% of vehicle market for EVs.  That makes sense, Jay, as you yourself know from your choice of using a fossil fuel vehicle and owning that for your future needs. 

Those of us using fossil fuel vehicles know two things

1) It makes sense to own a fossil fuel vehicle from a financial viewpoint.

2) Those of us who read the science know that the CO2 bugaboo is being successfully challenged by the new solar cycle results.

Edited April 27, 2022 by Ecocharger

[Ecocharger + 1,475]

11 hours ago, Boat said:

I hope Echo doesn't get jailed for his estimates for the rise of Mongolian coal. How many years do you get for disinformation? Bless his heart. I’m sure he ment well. 

Coal is going up....and you will have to stop driving your ICE fossil fuel car to meet the fictional targets for CO2 which no one will ever meet.

[Ecocharger + 1,475]

11 hours ago, Boat said:

Judge finds Trump in contempt in New York civil fraud inquiry, fines him $10K a day; Trump to appeal

 

Break out the wallets. One of your boys is in trouble. We’ll actually two. Putin and Trump. Funny it’s an old man they both hate in charge. Who’d of thunk it. We’ll they both have problems with honoring the Constitution and following the rule of law. Is that a deal with all billionaires? Is it ego or the actual laws that get in the way. So which one of these billionaires will need Extended law enforcement. Lol

Biden is better for the economy? 

[Jay McKinsey + 1,490]

1 hour ago, Ecocharger said:

China still less than 1% of vehicle market for EVs. 

Wrong as usual. EVs are 3% of the total market in China.

No one is paying any attention to your solar claims. Total failure.

Edited April 27, 2022 by Jay McKinsey

[Ecocharger + 1,475]

On 4/27/2022 at 5:49 PM, Jay McKinsey said:

Wrong as usual. EVs are 3% of the total market in China.

No one is paying any attention to your solar claims. Total failure.

Wrong as usual, Jay. I have already demolished your methods of calculating the vehicle market.

The vehicle market consists of 1) EVs, 2) new ICE or fossil fuel vehicles, the latter completely dominates the 3) used vehicle market, which is three times the size of the new vehicle market, and 4) all trucks and SUVs, which are again dominated by fossil fuel vehicles. 

That is the vehicle market, Jay, not some selected microscopic portion thereof, which you rely on to create misleading numbers. The number for EVs is well below1% of the market for vehicles.