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Why Is China Still Building New Coal Plants?

“In short, Chinese provinces are promoting construction of unneeded coal plants for precisely the same reason they are promoting every other kind of construction as well,” said Lauri Myllyvirta, Senior Global Campaigner at Greenpeace, “to boost economic activity in the short term, often with little regard for longer-term profitability or debt problems. There is generally no oversight or due diligence for obtaining finance for projects like this.”

Source: Why Is China Still Building New Coal Plants?

5 Comments on Why Is China Still Building New Coal Plants?

  1. Reblogged this on By the Mighty Mumford and commented:
    RATHER LIKE OUR W.P.A. AND CIVIL CONSTRUCTION CAMPS DURING THE 20’S, 30’S AND 40’S–?

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  2. Men have to eat and feed their families.

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  3. Good glad its over but I do believe that the election w s s a fraud. Mr Trump did exsctly ehat h e wanted and continues to challenge our political system. Remember when he announced his running for the Presidency. He said to us through aparrablek

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