GREEN CHINA? THE COUNTRY COULD MINE 400 MILLION MORE TONS OF COAL
Some people seem not to understand. China is an empire and it does not feel bound by any treaty it signs. Its signs WTO and infringes on fair trade in the worst possible ways. And of course, it signs the Paris accords with no intention to ever respect them. They trust that they will be able to do what they always did. Just do the deed and present the world with the facts – the world will cow. Tink of Trump what you want but he was right to ditch the Paris agreement. It’s not worth the paper its written upon. And we should call a dog a dog. Germany is no better when it destroys stone old forests in order to keep the lignite diggers rolling while putting a nice face to the world. Time to make them show their hand.
China could add as much as 400 million tons of coal capacity over the next two years, according to analysts at the consulting firm Woods Mackenzie. That’s about a 10 percent increase in China’s coal production capacity, which is a stark contrast to the country’s talk about closing coal mines to reduce excess capacity and fight air pollution, according to Bloomberg. “For all its talk about cutting coal mining capacity, China actually plans to add more.” the news outlet reported on Monday.