There’s issues of base load, of compactness, of reliability, and of yield. That’s why new Chinese coal plants (and Indian and African/Latin American plants) keep getting built.
But there’s a bottleneck in material supply across the pie of energy options. China gets much of its coal from Australia, a country that’s increasingly hostile to the CCP government. As a result, domestic coal production in China has picked up notably.
It’s still a grim picture of the future, precisely because these emerging market states state puts mid-term economic growth ahead of long-term ecological preservation. The current western governments are, similarly, prioritizing annualized rates of growth/consumption over real ecological limits.
But for Oil/Gas production, this war is definitely reshaping what countries consider viable or sustainable even in these short-term time horizons.
There’s issues of base load, of compactness, of reliability, and of yield. That’s why new Chinese coal plants (and Indian and African/Latin American plants) keep getting built.
But there’s a bottleneck in material supply across the pie of energy options. China gets much of its coal from Australia, a country that’s increasingly hostile to the CCP government. As a result, domestic coal production in China has picked up notably.
It’s still a grim picture of the future, precisely because these emerging market states state puts mid-term economic growth ahead of long-term ecological preservation. The current western governments are, similarly, prioritizing annualized rates of growth/consumption over real ecological limits.
But for Oil/Gas production, this war is definitely reshaping what countries consider viable or sustainable even in these short-term time horizons.