Coal Demand by China may be Drying Up
The export of coal from the United States to China has been big business. The huge demand for energy in China that continues to expand, has been quite a profitable venture for many of the American coal producing companies. But this is rapidly changing, as China experiences the devastating effects of pollution caused by coal and other fossil fuel based products. The 12th five year plan that the Chinese government has established is founded on a combination of public outcry and a sluggish economy. The plan is to put an industry cap on coal production domestically as well as imports and reduce the use to 3.9 billion tons by the year 2015. Their plan might not have been well thought out, as coal is already beginning to show up in piles and are unused at many of their power plants.
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3 Responses to “Coal Demand by China may be Drying Up”
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Is there even a possibility that the U.S. could learn from what China is doing? They recognize that they need to make drastic changes, especially because of all of the pollution they have created. The U.S. is so bogged down with political influence and oil company dollars that they can’t see the forest for the trees. This is a survival topic and we are falling behind in the direction we need to be going in.June 4th, 2013 at 11:11 pm
Just when American businesses thought they could get some profit from China, they go and make a reverse to higher quantities of alternative energy. Serves the coal companies right. Everyone should be looking at wind, solar and hydropower and stop using the polluting oil and coal. China might not have been very progressive to begin with, but they sound like they are moving past the U.S. at record speed.June 3rd, 2013 at 4:55 pm
The almighty profit is what seems to make the world go around. It should be investing in every kind of energy and products that will bring a positive to people, the earth and all of the living creatures that will benefit from it. China has made a smart move in reducing their coal consumption.June 2nd, 2013 at 5:45 pm