Australia's largest stock trading and investment forum Australia's #1 stock forum

2 years is huge reserves. Lot of developed nations hold less...

First 7 Last

Share
Profile

Follow
_5had0w_

2,363 Posts.

262

01/07/22

17:38

Post #: 62326208
Share

Originally posted by Wazdan: ↑

aimone

Coal Reserves in China
China holds 149,818 million tons (MMst) of proven coal reserves as of 2016, ranking 4th in the world and accounting for about 13% of the world's total coal reserves of 1,139,471 million tons (MMst). China has proven reserves equivalent to 34.7 times its annual consumption.

In 2020, China imported around 303.3 million tons of coal. This figure represents an increase of about 30 percent in comparison to the previous year.10 May 2022

China

Annual ……..consumption ………………………….. 4,300 million tons
……..imports…………………………………….300 million tons

If china continues with current imports it adds just 2 years to to deplete their coal reserves to …….Zero

With just 34,7 years of reserves plus 2 years effective cumulative imports, by 2060 their coal will be no more
!!!!

Easy to see net Zero emissions by 2050

Expand

2 years is huge reserves. Lot of developed nations hold less than 6 months
Upvote

Reply

First 7 Last