Commentary When the communist Chinese preach about their benevolent actions on behalf of mankind and the planet, that usually amounts to camouflaging their real intentions. This is particularly true whenever the topic is green energy and reducing China’s carbon footprint. Their real objective? To secure future supplies of hydrocarbons while they sell green technology to…
Global Coal Usage On Pace For Record High, Net Zero Goals Affected
December 17, 2021
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Global coal usage is on track to an all-time high, according to the International Energy Agency, underlining the significance of coal as the main source of energy for economies, emerging and advanced, despite pledges to cut down on fossil fuels. Primarily owing to economic recovery following the pandemic-related restrictions, global power generation from coal is…
China’s New Emissions-Trading Scheme Has 3 Big Loopholes: Fix Them With an International Tariff
Commentary China is about to launch the world’s biggest emissions trading scheme, because China is the world’s biggest polluter. And, the scheme has three big, huge, truck-sized loopholes that will advantage China’s biggest pollution emitters. First, there will be no absolute caps on China’s emissions as in other trading programs. Second, the fine on Chinese…
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