LYC 0.28% $7.10 lynas rare earths limited

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  1. RVR
    6,268 Posts.
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    I don’t really want to enter into detailed debate on this issue, but aus puts it quite well:
    ‘China (is) Considering a proposal to "enable China to build 2 large coal power stations a month for the next 12 years, and grow the country’s capacity by an amount nearly twice the size of Europe’s total coal capacity.
    If this happens it could single-handedly end any chance of keeping global warming below 1.5C, and also conflicts with the 2C target, with even a conservative analysis of the goal requiring that China cut its coal capacity by roughly 200GW by 2030."


    https://unearthed.greenpeace.org/2019/03/28/china-new-coal-plants-2030-climate/

    "China is building or planning more than 300 coal plants in places as widely spread as Turkey, Vietnam, Indonesia, Bangladesh, Egypt and the Philippines."

    So it’s perhaps a case of ‘Lord, make me pure - but not yet!’
 
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