Will China build hundreds of new coal plants and then shut them off ? Wishful thinking versus what will happen as China is sitting on 15 trillion tons of coal resources
The recent Bloomberg New Energy Finance report had the hopeful title “The Future of China’s Power Sector: From Centralized and Coal-Powered to Distributed and Renewable?” According to Bloomberg, 343-450 Gigawatts of new coal generation will be built in China over the next fifteen years, more than the total capacity of the entire current US coal …