Faced with a power crisis, China may have ‘little choice’ but to ramp up coal consumption

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China has to balance an immediate need to keep the lights on — via more coal — and its ambitious decarbonization targets, said Gavin Thompson of Wood Mackenzie.

China may have to set aside its ambitious plans to cut carbon emissions — at least in the short term — in order to tide over its worsening power crisis, said analysts.

Barclays Research said Chinese authorities are likely to relax limits for energy use and energy intensity this year, and "substantially increase" coal imports in the fourth quarter. China may have to set aside its ambitious plans to cut carbon emissions — at least in the short term — in order to tide over its worsening power crisis, said analysts.

 

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Let's see how 200 million people choke to death.

Were they ever not ramping up coal production?

What about if they ramped down their Bitcoin mining?

Wait a minute.... robertojirusta

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