China is the coal furnace of the world, and everyone is fine with that
By |2024-07-12T12:01:00-04:00July 14th, 2024|
China burns four times as much coal as the second largest coal burner in the world. Everyone else is an also-ran.
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China burns four times as much coal as the second largest coal burner in the world. Everyone else is an also-ran.
China and India are increasing coal use.
China controls a stranglehold of 80% of the global supply monopoly on rare earth minerals and metals, with the Congo in Africa a 90% source of vital cobalt.
China has monopoly control over processed graphite, an essential component of almost all lithium-ion batteries.
The problem has been largely ignored, even by policy makers and military strategists.
U.S. customs officials have seized thousands of German Volkswagens over a single part made in China’s Xinjiang region.
The electric vehicles that European, American, and other Western governments have been subsidizing are “the wrong car for the wrong market at the wrong time.”
Who is building coal? Of the 107 countries they tracked, one country built 47 gigawatts. The other 106 countries combined built 22 gigawatts.
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China's coal boom fits the axiom: "Socialists always lie."