But it’s ok. Australia will save the world going 100% renewable.

So far, the majority of BRI projects are energy-related: Since 2000, Chinese-led policy banks have invested $160 billion in overseas energy projects, almost as much as the World Bank and regional development banks. But unlike the World Bank, 80 percent of China’s overseas energy investments went to fossil fuels — $54.6 billion to oil, $43.5 billion to coal, and $18.8 billion to natural gas — compared with only 3 percent to solar and wind and 17 percent to often-controversial hydro projects.

….

When the Global Environment Institute, a Beijing-based NGO, reviewed China’s involvement in coal power projects in 65 countries participating in the Belt and Road Initiative, it discovered that between 2001 and 2016 China had invested in 240 coal power plants along the BRI, with a total generating capacity of 251 GW.

Source:

240 new coal power plants on the BRI path.

In addition, Chinese power producers have asked the government to allow for the development of between 300 and 500 new coal power plants by 2030, suggesting that coal-power capacity should expand to 1,300 GW by 2030 — 290 GW higher than the current capacity

Source:

between 300 to 500 new coal power plants within China.

Total new coal power plants funded by China – between 540 and 740.

But Australia closing its handful to go renewable will save the world.

This entry was posted in Uncategorized. Bookmark the permalink.

14 Responses to But it’s ok. Australia will save the world going 100% renewable.

  1. stackja

    Red China fools the gullible West.

  2. alans

    Perhaps we are being too unkind to WhuDan. Perhaps his BRI is a back door approach to building new coal fired power stations in Victoriastan?

  3. Nob

    I’ve got some drilling work out of World Bank funded geothermal projects.

    Total boondoggle, like geothermal energy almost everywhere, but as long as some of the money lands in my pocket, youse can all go and stuff yourselves with a hand-wound stuffer.

  4. Bruce of Newcastle

    And the world doesn’t even need to be saved.
    We are imbeciles.

  5. Herodotus

    Yep. We have experienced the Age of Stupid.

  6. Professor Fred Lenin

    Dan Andrews might get his Chinese mates to give Victoria one of these power plants to save his ass when the blackouts start ,he will probably get one ,they will look after their puppet. Save them buying a new one with Aldi bags .
    Drunks used to drink out of brown paper bags ,now politicians get their kicks out of Aldi bags usefull things bags .

  7. Rohan

    alans
    #3466605, posted on May 28, 2020 at 5:22 pm
    Perhaps we are being too unkind to WhuDan. Perhaps his BRI is a back door approach to building new coal fired power stations in Victoriastan?

    Hmmm, I think its more likely that Four Bin Dan has promised the ChiComs first dibs at the mountains of coal to power them.

  8. “In addition, Chinese power producers have asked the government to allow for the development of between 300 and 500 new coal power plants by 2030”

    Because the issue in global warming is global fossil fuel emissions, no climate action is possiblw without a binding global agreement.

    Pls see

    https://tambonthongchai.com/2020/05/22/climate-catch22/

  9. Lilliana

    chaamjamal
    #3466731, posted on May 28, 2020 at 8:11 pm

    Thanks and so true

  10. Rossini

    We have gutless fuckwitts in charge of our energy policy
    Go Dickhead Dan the red man!

  11. Mark M

    Victoria’s largest solar project, Kiamal is a total mess.
    Grid connection has been delayed by almost a year, local subcontractors have not been paid and the managing contractor from Greece has fled the country, abandoning 5 other solar projects.

    https://reneweconomy.com.au/biosar-paid-40-million-to-extract-itself-from-delayed-australian-solar-projects-33599/

  12. Mark M

    Who’d have thought it?
    “Cheap” renewables actually require expensive network upgrades otherwise they need to cut their output or worse, simply sit there doing nothing.
    Madness …

    https://reneweconomy.com.au/victorias-cohuna-solar-farm-complete-joins-queue-for-commissioning-54822/

    “It will join more than a dozen new wind and solar farms queuing for commissioning in the West Murray region, which has been hit by “system strength” issues, and “voltage oscillation” problems that caused the Australian Energy Market Operator to reduce the output of five solar farms in the region by half for seven months until the issue was resolved. “

  13. Bruce of Newcastle

    Excellent article of renewable energy and the green religion at Real Clear Energy today:

    The Green God That Failed — Almost (28 May)

  14. “Lilliana
    #3466848, posted on May 28, 2020 at 10:38 pm
    chaamjamal
    #3466731, posted on May 28, 2020 at 8:11 pm. Thanks and so true”

    Thank you, Lilliana

Comments are closed.