Hacker Read

jerven | karma 993 | avg karma 1.75 · 2015-11-05 18:33:51

And it is starting to work http://www.reuters.com/article/2015/03/26/china-coal-idUSL3N... with decline in coal use starting.

Qworg | karma 3705 | avg karma 4.02 · 2015-11-05 19:06:57

Actually, I think it is debatable - a large portion of the decline could be pinned on the reduction of demand.

If China roars back, so will the coal plants.

reply

jerven | karma 993 | avg karma 1.75 · 2015-11-05 19:10:47+00:00

Could be, but I guess that burning coal will not lead to enough value and will roar back less than the other sources.

toomuchtodo | karma 88050 | avg karma 2.82 · 2015-11-05 19:13:49

By the time China roars back (years, at least), coal won't be economically viable (as long as wind and solar manufacturers continue to manufacture at full tilt).

justincormack | karma 11120 | avg karma 2.4 · 2015-11-05 22:27:33+00:00

Coal is subsidised in China, and a lot is produced by state owned firms. So price does not necessarily matter so much, it is political will.

drumdance | karma 1815 | avg karma 1.82 · 2015-11-05 19:15:09+00:00

Unfortunately those numbers are suspect: http://www.nytimes.com/2015/11/04/world/asia/china-burns-muc...

jerven | karma 993 | avg karma 1.75 · 2015-11-05 19:46:10+00:00

Thank you, interesting link.