Man who killed the most people in history

Investment Analysis Clubs Macro Economic Trends and Risks
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Greed is evident on this board with people advocating others to invest in dirty energy instead of clean energy.

The Chinese have been busy.

China promotes coal in setback for efforts to cut emissions
https://abcnews.go.com/International/wireStory/china-promote…
China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy…

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…

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.

DB2

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China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy…

China is promoting coal-fired power as the ruling Communist Party tries to revive a sluggish economy…

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…

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That sounds backwards. With a sluggish economy China needs less coal.

I think it is just another calculation on China’s part to make up for declining imports.

Total consumption of coal is what we need to see. With a sluggish economy consumption is down.

Jaak

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