over9k
So I didn't tell my wife, but I...
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China is loving the fact that the west are virtue signaling their way to a self inflicted economic, political, and social controlled demolition, championed and led by our Silicon Valley elites, Gates, Dorsey, Bezos, Zuck and of course employed via the UN thugs led by Klaus and his ilk at the WEF.
China has nearly 250 gigawatts (GW) of coal-fired power now under development, more than the entire coal power capacity of the United States. So when Xi says China will peak…what he is preparing us all for is a massive (they never stopped) and continued investment.
Our Chinese friends now have 97.8 GW of coal-fired power under construction, and another 151.8 GW at the planning stage. And so while some poor sap was penning Xi’s carefully crafted speech to the UN, Xi and his underlings were busy. Busy financing and building out what is likely to be the worlds most impressive global energy infrastructure.
Just this year plants accounting for some 17 GW began construction in China. To put this into context this is more than the total amount approved during the previous two years. But they are not only investing in their backyard. Nope… according to a Boston University database they have made more than $244 billion in energy investments abroad since 2000 with the bulk of that in recent years going into oil and gas.
(Yeah not wind, solar or renewable and recyclable Unicorn farts. Good ol O&G…)
A healthy $50 billion has gone toward dirty old coal!
They’ve done all of this, and will continue to do more, while paying lip service to “carbon emission reductions”. That our western leaders are as gullible as they are is a tragedy but simply ensures the west is going to end up being a source of houseboys for their Chinese overlords by the next decade. Watch!
The reason is simple and it’s one I’ve repeated more times than I care to count.
No country has political security without energy security.
And energy security is one thing that the liberal hand wringing “we’re all going to die in 12 years” crowd neither understand, nor care to understand.
That’s how religious-like ideologies work after all.
On the topic of securing political power globally consider this:
It is one thing to develop domestic energy, but that isn’t enough to rule the world. To rule it you need global capacity and leverage over other nations. This was always what the “belt and road” initiative was all about… a trojan horse. That discussion of the Belt and Road has faded from the MSM does not mean it isn’t being pursued. I assure you it continues.
A report in January found that more than one-quarter of coal plants under development outside China have some commitment or offer of funds from Chinese financial institutions. Imagine that.
Keep this in mind. China is the largest consumer of fossil fuels and over the last decade has become the largest financier of the fossil fuel industry.
Here, take a look:
As mentioned by the institute for energy.
Why? because if you’re running a race and you’re not the fastest that doesn’t matter if your competition has swapped out their track shoes for concrete boots and iron shackles. Why wouldn’t you encourage them to keep it up…and with vigour.
https://capitalistexploits.at/how-china-is-capturing-global-energy-market-share/
Cliff notes:
It's all a bluff. They aren't even food secure. They import everything. Food, energy, oil, commodities, everything. The entire country is the world's step between raw good and finished product. They can't even feed themselves or keep their own lights on ffs.
China has nearly 250 gigawatts (GW) of coal-fired power now under development, more than the entire coal power capacity of the United States. So when Xi says China will peak…what he is preparing us all for is a massive (they never stopped) and continued investment.
Our Chinese friends now have 97.8 GW of coal-fired power under construction, and another 151.8 GW at the planning stage. And so while some poor sap was penning Xi’s carefully crafted speech to the UN, Xi and his underlings were busy. Busy financing and building out what is likely to be the worlds most impressive global energy infrastructure.
Just this year plants accounting for some 17 GW began construction in China. To put this into context this is more than the total amount approved during the previous two years. But they are not only investing in their backyard. Nope… according to a Boston University database they have made more than $244 billion in energy investments abroad since 2000 with the bulk of that in recent years going into oil and gas.
(Yeah not wind, solar or renewable and recyclable Unicorn farts. Good ol O&G…)
A healthy $50 billion has gone toward dirty old coal!
They’ve done all of this, and will continue to do more, while paying lip service to “carbon emission reductions”. That our western leaders are as gullible as they are is a tragedy but simply ensures the west is going to end up being a source of houseboys for their Chinese overlords by the next decade. Watch!
The reason is simple and it’s one I’ve repeated more times than I care to count.
No country has political security without energy security.
And energy security is one thing that the liberal hand wringing “we’re all going to die in 12 years” crowd neither understand, nor care to understand.
That’s how religious-like ideologies work after all.
On the topic of securing political power globally consider this:
It is one thing to develop domestic energy, but that isn’t enough to rule the world. To rule it you need global capacity and leverage over other nations. This was always what the “belt and road” initiative was all about… a trojan horse. That discussion of the Belt and Road has faded from the MSM does not mean it isn’t being pursued. I assure you it continues.
A report in January found that more than one-quarter of coal plants under development outside China have some commitment or offer of funds from Chinese financial institutions. Imagine that.
Keep this in mind. China is the largest consumer of fossil fuels and over the last decade has become the largest financier of the fossil fuel industry.
Here, take a look:
As mentioned by the institute for energy.
So expect to see China championing and cheering on the West, encouraging them to divest of fossil fuels, encouraging them to keep their economies locked down with Covid hysteria and encouraging the decimation of their economies, and the subsequent political and social mayhem being unleashed.These Chinese corporations are building or planning to build more than 700 new coal plants at home and around the world, some in countries that today burn little or no coal, according to tallies compiled by Urgewald, an environmental group based in Berlin. Many of the plants are in China, but by capacity, roughly a fifth of these new coal power stations are in other countries. In total there are 1,600 new coal-fired plants planned or under construction in 62 countries, according to Urgewald’s tally, which uses data from the Global Coal Plant Tracker portal. The new plants would expand the world’s coal-fired power capacity by 43 percent.
https://www.instituteforenergyresea...ement-china-india-continue-build-coal-plants/
Why? because if you’re running a race and you’re not the fastest that doesn’t matter if your competition has swapped out their track shoes for concrete boots and iron shackles. Why wouldn’t you encourage them to keep it up…and with vigour.
https://capitalistexploits.at/how-china-is-capturing-global-energy-market-share/
Cliff notes:
It's all a bluff. They aren't even food secure. They import everything. Food, energy, oil, commodities, everything. The entire country is the world's step between raw good and finished product. They can't even feed themselves or keep their own lights on ffs.