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View Diary: China's changing coal market may undermine economic case for more proposed NW Coal Export Terminals (21 comments)

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  •  It's good news if true...but I don't see, as the (0+ / 0-)

    link above shows there is a LOT of spin. The fact is that China is, nevertheless, increasing, not decreasing in coal consumption...but the rate of that increase has lowed, thanks in part to a variety of factors: world financial crisis and drop in consumption; increase in hydro electric power; increase in nuclear energy. But it's still increasing and THAT is the problem.

    Wind cannot substitute for coal. At best it can at times mitigate it's use when the wind blows. Thus it is not really 'cheaper' than coal since it's product: intermittent ups and downs in production limits its use. To build enough wind AND integrate with a smart transmission grid is way more expensive that a 3 billion dollar coal plant that out puts and follows load on demand.

    China knows exactly what it is doing and it builds according to national needs, which is why it is diversifying it's energy as well as a huge diversification of low carbon alternatives: solar, nuclear, wind and hydro.

    Dr. Isaac Asimov: "The most exciting phrase to hear in science, the one that heralds new discoveries, is not 'Eureka!' but 'That's funny ...'"

    by davidwalters on Mon May 20, 2013 at 09:53:37 AM PDT

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