In the news: Big British solar company goes bankrupt. Owns 53 solar farms; borrowed £655 million over the past four years.—ZeroHedge on Oil Price. [Britain is not a very sunny place.] “Skyrocketing fossil fuel energy prices are driving the deforestation of Europe as citizens try to keep warm.” —Pierre L. Gosselin on NoTricksZone. Biden won’t…
Tag: China
China Has It Both Ways: No More Coal Plants Abroad but Plenty at Home
In September, China’s president Xi Jinping told the United Nations that the country would stop financing coal plants outside China. However, it’s full speed ahead for coal at home. First, from Valerie Volcovici and David Brunnstrom, Michelle Nichols at Reuters on September 21: “‘China will step up support for other developing countries in developing green…
China, Facing Blackouts, Goes ‘All-In’ for Oil, Gas, and Coal
China’s energy production is in turmoil—but probably not because it is cutting back on fossil fuels. Although President Xi has claimed the country will cut back, it hasn’t so far. The causes of the current energy crisis are multiple. Reuters lists some: “China is in the grip of a power crunch as a shortage of…
Renewables: Oh, the Waste!
The Biden administration is ignoring the problem of waste and pollution in its pursuit of renewable energy, writes the Institute of Energy Research (IER). “Electric vehicle batteries, solar panels, and wind turbines result in a massive amount of waste and pollution. China is responsible for half of the total electric vehicles in the world—a number…
More Evidence of Forced Labor in China and Africa for ‘Green’ Energy
Reports from Sheffield Hallam University in England and the International Energy Agency strengthen the case that China is forcing its minority Uighur population to produce solar panels. Meanwhile, children as young as seven years old are mining for cobalt in the Democratic Republic of the Congo under dangerous conditions; the mined cobalt is processed in…
How China Cornered the Market on Solar Panels
Why China’s solar panels cost less: subsidies, coal, and forced labor, says Michael Shellenberger on Substack: “The reason China came to dominate the market, producing 71% to 97% of solar panel components, is due to three main factors: cheap coal, heavy Chinese government subsidies allowing for the dumping of solar panels on foreign markets, and…