Latest article in The Economist on China's contribution to CO2 induced global warming. Our Australian Greens continue to live in a parochial bubble, claiming Beetaloo gas will warm the planet. It's coal dummies, dirty coal mined in mainland China. They need to look beyond their inner city horizons and remember the world shares the one atmosphere. Beetallo gas is a positive step to lowering global emissions by replacing dirtier sources of energy.
The stats from The Economist are undeniable:
The article points out..."China has pledged to eliminate net emissions of greenhouse gases (or to become “carbon neutral”) by 2060. Analysts think this will be a much harder target to hit. Even after that massive injection of renewables, dirty coal still supplies about 55% of China’s energy. That’s down from 70% in 2011, but the amount of coal China burns continues to increase, as demand for electricity rises. Last year China mined a record 4.5bn tonnes of coal and approved around two new coal-fired power plants for construction every week on average.
Many of these may never be built. Declining utilisation rates of existing coal plants undermine the case for further construction. But China is not moving away from coal as fast as environmentalists would like or analysts say is necessary to meet its 2060 target. Part of the problem is that the country has a lot of it. With little oil or gas, coal provides China a secure source of energy. Digging it up creates jobs. Building a coal plant, whether it is needed or not, is also a common way for local governments to boost short-term economic growth."
Our governments need to ignore the Greens and the Teals and look at how The Beetaloo is not the problem, rather it's part of the solution.
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