Then Americans better get used to a different way of life.
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Widespread Power Outages in China Have Apple Suppliers 'Scrambling' to Keep Production on Track
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Oh it’s just getting started…..this is only the beginning. Dark winter ahead….no pun intended.
rumors say that it is in preparation for clean air for the olympics, they do not want to see smog in Beijing ...
If not getting a new phone is the cost of less CO2 in the air, it is more than worth it. If missing a few meals every now and then is the cost of less CO2, it is far more than worth it.
For sure. Times are uncertain, the events unanticipated, and the effects whatever they may be, are significant.
Going into the fall/winter season this year in the Northern Hemisphere is bringing with it a lot of uncertainty with the pandemic, governmental events, and how people will manage those events.
It's been my observation of late in my small little part of the world that people are generally edgy for whatever reason. It's an odd sort of "energy" I can't explain that seems to be the zeitgeist of the 2020's so far. Some anger, but mostly a low simmer of discontent that people are, for now, coping with.
It really is a strange time to be alive.
Yes a real strange time. Our infrastructure is failing in many ways in US and west. The decline in many areas is not unlike the decline of the Roman Empire that preceded and in many aspects was model for government and laws. Ours is now in the inevitable decline that cycles in human history for our cultures, empires and economies. And we have ****ed up the climate on top. People are edgy because of how this effects their security, jobs, healthcare and futures.
Here you go.
Explained.
Explained.
This has nothing to do with what people believe it to be, as mentioned previously it’s China’s shift off coal to meet carbon release projections.
Save and invest better 😜 Unfortunately I am not in the market for one of them and happy with my M1 MBA.
Yes I had not heard about the environment initiative bu the Australian coal issues.
“…China’s domestic coal price rise, another factor in the power supply crisis, was likely caused by Xi Jinping’s ban on Aussie coal imports – his punishment for Australia for objecting to Chinese expansionism in the South China Sea.
The coal import ban did not stop the flow of Australian coal to China. All it did was force Chinese companies to purchase Australian coal through expensive intermediaries, to disguise the true origin of their coal purchases.
Australian domestic climate policy has not helped the situation. Australian banks and government planning authorities have been obstructing Aussie coal field development, which has exacerbated the supply crunch….
Earlier this year, China has shut down hundreds of coal mines — or reduced production in the functioning ones — amid a national push to reduce carbon emissions. So yesterday China has ordered its coal mines to ramp up production in a bid to ease a power crisis, as the country struggles to balance its need for electricity with efforts to tackle the climate crisis.
This is a good example of clean emissions made electricity is a lot more difficult to produce on a massive scale such as the immense needs of their factories. So they have had outages before trying to improve their air quality, but then restricting the use of electricity, not a good situation.
This is a good example of clean emissions made electricity is a lot more difficult to produce on a massive scale such as the immense needs of their factories. So they have had outages before trying to improve their air quality, but then restricting the use of electricity, not a good situation.
No, I searched the the statistics and 92% of China’s coal usage is sourced domestically. Coal imported from Australia only amounted to less than 3% of the total demand before the coal embargo.
92% of China’s coal are produced domestically. Only 2 to 3% are from Australia.
Wasn’t the Australian coal higher heat value and/ or cleaner (lower sulfur and such). Even at 3 percent that might have been important
Ah here we go it’s metallurgical grade coal and China was getting nearly 60 % of Australian metallurgical coal but it sounds like it affects all of their coal prices and availability. But the shutdown of coal mines for their environmental goals probably larger factor. Interesting
“…
China’s ban on Australian coal purchases from around November last year has caused huge distortions in the global coal market, with separate Chinese and rest-of-the-world pricing developing for both metallurgical coal used by steel mills and thermal coal used by power stations.
The disruption has been greatest for metallurgical coal. Australian exports account for 58% of the global seaborne trade in metallurgical coal, compared with 21% in thermal coal. In 2019–20, China took a little over a third of Australia’s premium metallurgical coal exports and Australia supplied about 55% of China’s metallurgical coal imports…..”
Beijing’s ban on Australian coal is hurting China | The Strategist
Every million tonnes of coal has recently been costing China’s steel mills more than US$400 million, compared with around US$250 million paid by steel mills everywhere else. The difference is entirely explained by China’s embargo ...
It’s a price to pay and it’s a very delicate balance between saving the world and putting food on the table.
I think when China ramps up the next wave of nuclear power stations, which many are already coming online, this problem will be resolved. However, nuclear power stations take a long time to design and to build. There is a long lead time.
Same with building more clean and efficient supercritical coal plants with filtration systems. It’s much more expensive, takes time, but it’s worth it in the long run. Most coal plants in China are already of this type, which few other countries are doing due to the prohibitively high costs. Coal will be with us for a long while, and it’s important that we minimize the emissions of using coal.
Bitcoin and other cryptocurrency mining.
They wasted huge amount of electricity on that for 8 years. So much coal and gas wasted. Now they have a shortage so they banned the mining and sent the miners to the USA. So soon in the future the greed of Americans and fossil fuel lobby doing the same thing will cause blackouts in US states. China will be laughing and making money from it because they make the mining machines and sell it to the Americans.
We are also in a global energy crisis right now. Even the UK, India, Russia, etc., are scrambling for coal and such. I don’t know why at a macro level.Ah here we go it’s metallurgical grade coal and China was getting nearly 60 % of Australian metallurgical coal but it sounds like it affects all of their coal prices and availability. But the shutdown of coal mines for their environmental goals probably larger factor. Interesting
“…
China’s ban on Australian coal purchases from around November last year has caused huge distortions in the global coal market, with separate Chinese and rest-of-the-world pricing developing for both metallurgical coal used by steel mills and thermal coal used by power stations.
The disruption has been greatest for metallurgical coal. Australian exports account for 58% of the global seaborne trade in metallurgical coal, compared with 21% in thermal coal. In 2019–20, China took a little over a third of Australia’s premium metallurgical coal exports and Australia supplied about 55% of China’s metallurgical coal imports…..”
Beijing’s ban on Australian coal is hurting China | The Strategist
Every million tonnes of coal has recently been costing China’s steel mills more than US$400 million, compared with around US$250 million paid by steel mills everywhere else. The difference is entirely explained by China’s embargo ...www.aspistrategist.org.au
After a year of being turned off, everyone is trying to not only turn back on again, but make up for lost time. It’s caused an energy demand spike that has grown faster than supply can. China’s issues are also exacerbated by the previously mentioned dust up with Australia.
Yeah, I agree. But those people would be useless otherwise. You wouldn’t want their job, do you? Hopefully they make enough money so that their kids can go to universities and don’t have to do this.
Also, those slaves are smart. They are “skilled labour.”
When a company can hire 5 people in India for the cost of one local person, guess which route they’re going to take. I watched dozens of friends I worked with for over a decade made to train their replacements, then get sent away after “knowledge transfer” was deemed complete.
The outages mostly affect power intensive and low value added plants. It’s China’s campaign to force the emission-intensive companies to increase the price/value/technology of their work, or move it out of China. It’s to move China up the food chain.
Low margin, dirty and labour intensive industries that are not critical to national security are being turned away at large.
Or you can work in China, they pay you American salaries and your tickets home few times a year. They also take care of your kids and wife in terms of logistics. (Not sure about husband tho🤣)
Many big companies have R&D centres in China, such as GE and Schneider.
You won’t be lonely either because there are so many Westerners in Shanghai, etc.
I went to a big bar in the middle of nowhere in a big mountain with friends and realized that the bar is owned by a Canadian family and everyone there was laowai.
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You don't think this situation (and others) cost companies money? I think it is a fair question that more and more can be answered by looking at the bottom line.