China is Building 34 Times More Coal Than Exists In Minnesota, So Why Are We Raising Our Power Prices?
According to an article in The Financial Times, China is set to add new coal-fired power plants equivalent to the EU’s entire capacity. as the world’s biggest energy consumer ignores global pressure to rein in carbon emissions in its bid to boost a slowing economy. The article states that China is building 148 gigawatts, or 148,000 megawatts, of coal. For context, Minnesota has 4,309 MW of coal, meaning China will build 34 times more coal-fired power plants in the coming years than currently exist in the Land of 10,000 Lakes. In fact, these coal additions mean will nearly eclipse the entire...Continue reading