M.I.T. Technology Review article has this quote:
Chinese industrialists perceive pulverized-coal plants as a license to print money. “People say you shouldn’t call it a power plant; it’s a money-making machine,” says Li. As yet, no power company has been willing to be the first to hit the off switch.
The Christian Science Monitor has a nice article about planned coal vs Kyoto with an very interesting chart at the bottom showing Chinese coal swamping Kyoto CO2 targets.
Well, according to these folks we are headed to hell in a big fast 3rd world hand basket. While I agree that CO2 is not under control (and can not be due to China et. al.) I don’t see it as a climate problem. The only ‘problem’ is that it represents the transfer of economic power from the U.S.A. to China.
Notice also the rest of the world? India and South Africa get a ‘free ride’ on coal under Kyoto. Australia sells a lot to China, so that coal is counted as Chinese consumption, only their domestic consumption gets wacked. Russia was for the Kyoto protocol as long as Europe was paying them; but now has decided it isn’t so important as Bali and real costs come along. Eastern Europe lately said “never mind” about reductions. Seems it got cold…
That just leaves Germany as a significant producer who is signed on to not producing. Yet their government announced that they were more interested in economic stability than Kyoto… And the rest of Europe? Not much has changed since 2006.
And the rest of the world? Any wonder that most of the nations of the world are not too concerned about restrictions on coal? When you don’t have it, you don’t care. When your competitor can’t use their advantage, you gain.
So where does this leave us? Under the present Democratic administration in the U.S.A. we are headed toward killing coal. That leaves China to ‘run the table’ economically with increasing CO2 output, it leaves OPEC in charge of our energy destiny (gee, they don’t show up on the coal map…), and it leaves Europe out in the cold.
This is good how?