Xi Jinping: Official website of Ali Khamenei, Supreme leader of Iran, CC BY 4.0, via Wikimedia Commons. Globe from NASA (Public Domain). Match: Dietmar Rabich / Wikimedia Commons / “Streichholz -- 2021 -- 6120” / CC BY-SA 4.0. Image modified.

Time: More Chinese Communism can Save Us from Climate Change

Essay by Eric Worrall

China is apparently doing such a good job at transitioning to renewables, we should all ditch democracy and copy their example.

Capitalism Can’t Solve Climate Change

BY BRETT CHRISTOPHERS
MARCH 20, 2024 9:00 AM EDT

Christophers is professor at Uppsala University in Sweden, and author The Price Is Wrong: Why Capitalism Won’t Save the Planet and Our Lives in Their Portfolios: Why Asset Managers Own the World

Veiled by discussion of headline global trends in new renewables capacity investment is the fact that almost all the incremental progress is currently being made in one country: China.

While China surges ahead, the rest of the world remains stuck.

This raises a crucial question. What is different about the development of solar and wind resources in China from the rest of the world?

The main answer is that in China, such development is capitalist in only a very limited sense. Certainly, the entities centrally involved in building out new solar and wind farms in China are companies. But almost all are state-owned. Take wind. Nine of the country’s top 10 wind developers are owned by the government, and such state-owned players control in excess of 95 percent of the market.

Add to this the fact that the banks financing all the new renewables development in China are generally also state-owned and directed, and a stark reality comes into focus. This is essentially central planning in action.

Why are renewables returns so low? Numerous factors conspire to drive down profits, but one is particularly important: competition. … There is no OPEC-like cartel in renewable electricity.

The alternative? To face a growing risk of climate catastrophe.

Read more: https://time.com/6958606/climate-change-transition-capitalism/

The reality is Chinese central planners have made a colossal mess of their economy, because of their incompetence, economic mismanagement and Covid lockdowns. For at least 30 years the Chinese Government has been keeping interest rates too low to encourage development, but the result has been enormous resource misallocation and huge asset bubbles. The Chinese realestate bubble has popped, creating a catastrophic mess of bad loans in their realestate sector. Even worse, Chinese regional governments have for years been creating fake economic growth to meet central targets by issuing government bonds, and many are now likely bankrupt.

One day soon Chinese people will realise most of their investment savings have been lost by incompetent and corrupt bank managers and government officials, or even worse, that their savings are still in the bank, but have lost all their value. There have already been minor bank runs and collapses, though so far the Chinese government has somehow contained the situation, my guess is by printing more money to rehydrate the failed banks.

And of course there is the other side of China’s energy policy which Professor Brett Christophers conveniently ignores – China’s massive investment in new coal capacity.

China is not a model to copy. At least Professor Brett Christophers admitted renewables are unprofitable, but Chinese government officials directing banks to invest in unprofitable renewables is not helping China’s beleaguered banks to balance their books, and has almost certainly exacerbated the Chinese Communist economic crisis.

Professor Brett Christophers is right that the free market has not produced the climate outcomes he wants, but this is because the free market is driven by demand. People just don’t want expensive unreliable energy. The communist part of our economies, government subsidies for green energy and other boondoggles, is not something to be admired, it is something to be excised, like the political tumor it is.

Let us hope the 2024 election cycle delivers us the politicians we need, to set our societies right.


Update (EW): Anyone who is curious why China is building wind and solar AND coal, the answer is they are building wind turbines because Xi Jinping told them to build wind turbines.

In 2021, Xi wanted to pimp China’s emissions record in time for the next COP conference, so he issued strict district level energy quotas, demanded more wind turbines and solar, and ordered a transition to renewables. 

The order for quotas was obeyed, but Xi forgot to tell everyone to reduce their energy use, to ensure the quotas lasted until the end of the year. As a result, China burned through their quotas and ran out of energy by July 2021, and much of the Chinese economy shut down for a few weeks while people waited for new orders from the Communist Central Committee. 

The central committee did the only thing possible, but it took time for news of the crisis to filter through the communist bureaucracy and for a decision to be made – they relaxed the coal quotas.

What other evidence do we have the wind turbines are a political stunt? In 2023, the BBC broke the news that China is firming their wind and solar farms with coal plants

This might seem a total absurdity, until you consider that commands from Xi Jinping and the Central Committee cannot be disobeyed, mid level officials can lose their life disobeying an order from a senior communist. 

But the Chinese have had thousands of years practice at creative re-interpretation of the orders of the emperor. 

So the commands to use green energy are being obeyed – but they firm the wind turbines and solar panels with coal, because this is the cheapest option for firming renewables, and nobody told them not to.

This isn’t the first time Xi Jinping’s communist regime has messed up the energy market. Shortly before the winter of 2017, Xi Jinping ordered coal plants be shuttered and everyone convert towns and cities to heat buildings with gas. The gas conversion was performed, but nobody checked whether the gas would be available – or more likely, people who were aware of the problem didn’t dare disobey the gas conversion order, even though they knew it would lead to disaster. As a result, in 2017 home and school heating failed throughout Northern China, and kids were forced to attend school in unheated classrooms, in the middle of a winter in which temperatures dipped well below 0F / -18C.

This is what I mean by Chinese Communist energy policy and economic incompetence. This is the incompetence and callous disregard for ordinary people’s priorities which Professor Brett Christophers appears to want the West to embrace.

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March 23, 2024 6:08 pm

Financial bubbles that burst ?

Welcome to capitalism 301.

just a minor point China really isnt communist in the broad sense , what their government is Leninist-Party -State. Even Lenin recognised they could do ‘real communist’ so he came up with a different solution The various state enterprises is exactly how that system works.

John Hultquist
Reply to  Duker
March 23, 2024 6:47 pm

could do” or could not do ??

Reply to  Eric Worrall
March 23, 2024 8:24 pm

They seem to have prolific execution program, many of them public. Ripping off the Party-State is treated very harshly

475501b8-ba15-46c6-a42b-055f6afd82531
MarkW
Reply to  Duker
March 24, 2024 7:45 am

Only low level apparatchiks are punished for corruption.

Scarecrow Repair
Reply to  Duker
March 23, 2024 8:28 pm

That’s like arguing that Jeffrey Dahmer wasn’t a true cannibal since he didn’t eat every last bit of his victims and did eat other foods.

Or that true socialism hasn’t been tried yet.

Reply to  Duker
March 24, 2024 1:44 pm

Name an actually “successful” Communist State that didn’t fall back on adopting some form of state controlled capitalism?
There are none.

MarkW
Reply to  Gunga Din
March 25, 2024 9:48 am

Even when communist states do “adopt” some capitalism, the success is limited and as Xi is showing, fleeting.

abolition man
March 23, 2024 6:15 pm

At least we don’t have to worry about the ChiComs employing a mind-controlling, persuasion app like TikTok to convince a large percentage of Western children that they are LGBT+++, and not just dazed and confused by puberty like previous generations of humans! If they do then they would lose most of the markets for their goods, and they would have to rely solely on money printing to prop up their economy; like most Western governments now do! With FJB in office, what could go wrong!?

0perator
March 23, 2024 6:20 pm

No political system will “save the planet.” It’s a stupid premise to begin with. The gross pragmatism of Chinese communism is perverse, and I think the political left in the west is no better.

Reply to  0perator
March 24, 2024 3:20 am

The political left in the west is just like the Chinese communists. They all seek to control the peons, by whatever means necessary, legal or illegal, in order to keep themselves in power. They don’t like Free Will in others. They want to take that away and reserve it for themselves, just like every dictator that ever lived.

antigtiff
March 23, 2024 6:29 pm

But China is reducing its population…..should approach 1 billion before century is over.

Scissor
Reply to  antigtiff
March 23, 2024 6:41 pm

Two Wangs don’t make a right.

Erik Magnuson
Reply to  Scissor
March 23, 2024 8:05 pm

I believe the original quote was “Two Wongs don’t make a white” from “What’s up Tiger Lily?”.

Reply to  antigtiff
March 24, 2024 3:43 am

“But China is reducing its population”

I think they are all coming to America through Biden’s Open Border.

Yeah, if I was Xi, I would take advantage of this stupidty on the part of Democrats, to infiltrate some key people into the United States.

And I imagine every Bad Actor on the planet is thinking the same thing. Why not take advantage of your enemy’s stupidity?

Joe Biden is the worst, most dangerous president evah!, and the Democrat Party is the worst, most dangerous political party in the history of the United States. They are nothing but trouble, and they have turned their troublemaking up to 11 now that it looks like Trump is going to take away their political power.

The Democrat Party is a threat to the Republic, especially nowadays. Anyone who votes for a Democrat is voting to throw their personal freedoms away.

The Democrats are authoritarian. They want to control every aspect of your life, and they will force you to do their will if they have the political power. Look what they are doing to Trump. If they can do that to Trump, then they can do that to anyone that gets in their way. And, obviously, they will.

The Democrats are the danger. The ones in the Washington Swamp are illegally using the power of the federal government to try to destroy their political opponents. If they are successful, then Democracy is dead in the United States after that. The United States will be a One Party system, i.e. a communist nation, just like communist China.

The Democrat Dear Leader will be overwhelmingly elected every time, just like in Russia and China and North Korea.

This is the Big Picture. Too many Republicans don’t see this Big Picture. They don’t see the danger heading their way/our, so they don’t come together to fight that danger, they weaken themselves with internal sqaubbles, and put the freedoms of all of us in danger from their shortsightedness.

The Democrats always act and vote in unison. Getting Republicans to act and vote in unison is like trying to herd cats.

I suppose this is because Republicans think more independently than Democrats, and that’s a good thing in most cases, but not in this case, where Repubicans need to be united, not necessarily to support Trump, but to fight back against the Totalitarian Democrats who are using the power of the federal government to try to take our freedoms away.

Wake up, Republicans! The future of our nation and our freedoms is at stake in just the next few months. Stand up and fight these Democrat dictators-in-waiting!

And wake up, Federal Judges! You can’t let the Biden criminal activites stand! Our nation is at stake!

Reply to  Tom Abbott
March 24, 2024 7:10 am

Both parties mainly serve the interests of their big donors, the rich. The GOP knows the US needs more workers so they are only complaining enough to make the news and stir up anti-Spanish speaking feelings..

MarkW
Reply to  scvblwxq
March 24, 2024 7:52 am

In your opinion, complaints about illegal aliens can be boiled down to stirring up anti-Spanish speaking feelings?

Reply to  MarkW
March 24, 2024 9:17 am

Mark, it’s pretty typical of those who accept caricatures as reality and apply them to entire groups of people. Pretty sure there’s a word for that…

Reply to  MarkW
March 24, 2024 1:56 pm

They let them in. Give them free stuff at taxpayer’s expense. Then those who opened the border push to let them vote.
(Don’t misunderstand me. Many of them might be fine people. My wife and I had a legal immigrant in our home for a year. I gave her away at her wedding.
But there are legal ways to enter the US. There are legal ways to become a US citizen.)

Drake
Reply to  scvblwxq
March 24, 2024 5:13 pm

The “Rich” are no longer giving bundles of cash to very many Republicans. They are betting the whole wad on the Democrats maintaining control for one mor term, then the control will be permanent, and the US will be a ONE PARTY state.

Since you cannot see any difference between the party voters, you miss the whole point scvblablabla.

Reply to  Drake
March 25, 2024 3:08 am

“Since you cannot see any difference between the party voters, you miss the whole point scvblablabla.”

Well said. And true.      

Richard Page
Reply to  antigtiff
March 24, 2024 11:45 am

China has reduced it’s population – again through government meddling and mistakes. At this rate Taiwan could invade mainland China before the end of the century!

MarkW
Reply to  Richard Page
March 25, 2024 9:50 am

China is already starting to have problems with its aging population. Their window for having enough able bodied young men to invade anyone is rapidly closing. The government knows it, which makes them all the more dangerous in the here and now.

Tom Halla
March 23, 2024 6:33 pm

I would suggest the Chinese have come up with their own peculiar economic system, oligarchic with at least as much inherent deception as fascism. The state owned banks can only prop up bad loans for so long, before the central government has to either bail them out or recognize their bankruptcy.
Or they just inflate the currency and play “let’s pretend”.

observa
March 23, 2024 6:53 pm

We need more Commie central planners in capital city offices for sure-
The maths on net zero simply ‘don’t make sense’ (msn.com)
He’s thinking impure thoughts and what would he know out in the provinces?

John Hultquist
March 23, 2024 6:54 pm

Brett Christophers is a specialist in Housing and Urban Research.
Such experts are always my top choice when I want to know about how to combat mythical AGW. Also, how to ride a horse, drive a truck, and grill a steak. 🙂

observa
March 23, 2024 7:00 pm

It’s like this girls and girliemen-
Girl Tax: women charged more for trade services compared to men | news.com.au — Australia’s leading news site
If you lot were equally concretors bricklayers roofers mechanics etc then maybe you wouldn’t be so Hell bent on taking away their fossil fuel energy tools ya weaklings.

March 23, 2024 7:01 pm

A “transition” is where one source replaces another.

Not Happening in China

Yes, they are adding some small amount of wind and solar for electricity, but COAL is still increasing, by a similar amount as wind and solar combined.

China-electricity-prod-source-stacked.svg
Reply to  bnice2000
March 23, 2024 7:03 pm

And for total energy consumption, you nearly need a magnifying glass to see the contribution of wind and solar.

China-Energy-consumption
Reply to  bnice2000
March 23, 2024 7:23 pm

Yes, that is certainly one total absurdity in the remarks. The other is:

Why are renewables returns so low? Numerous factors conspire to drive down profits, but one is particularly important: competition. … There is no OPEC-like cartel in renewable electricity.

No, the reason returns are low is that putting up and maintaining wind turbines in the North Sea or off the New England coast is a very expensive business. Transporting the power generated to where it can be used is also expensive. Building the duplicate gas capacity for when its dark and the wind isn’t blowing is also expensive. And then you have the problem of lack of spinning inertia…

The product the industry delivers is uncompetitive, its a product which is unfit for purpose, which costs far too much, so the industry is entirely dependent on government subsidies for its returns.

However, governments and voters are now running out of patience – and out of money to subsidize it, and as the subsidies fall, so do returns.

Dave Andrews
Reply to  bnice2000
March 24, 2024 8:03 am

According to the Chinese National Bureau of Statistics China’s production of coal in 2023 reached a record 4.66 bn tonnes.

The IEA expects China and India to account for more than 70% of world coal consumption by 2026.

Richard Greene
March 23, 2024 7:11 pm

China is no longer a communist nation
It’s economy is a hybrid communist fascist mix

About 60% communist and 40% fascist

The 40% fascist includes private corporations where the owners share profits, which produces about 60% of China’s GDP. Communism did not work for economic growth

Fascism can work for economic growth, but you get the products and services the government “experts” say you ought to have. And don’t dare disagree with them.

China has had a serious urban air pollution problem that may have peaked about 10 years ago, but has not declined much. They are building new cleaner coal power plants mainly to replace older dirty coal plants.

One question: Why is China building so many wind farms, solar farms and EVs when they really do not care about CO2 emissions?

Solar panels and windmills in China will help reduce air pollution but they are a poor investment. Communists in charge don’t seem to care about profits.

I think China’s government is forcing faster development of their solar panel, wind turbine and EV manufacturing industries … in anticipation of being the dominant supplier of those products … to about 20 nations that take Nut Zero seriously.

Unlike the US, China can be counted on to do what their “experts” think will benefit China.

Reply to  Richard Greene
March 23, 2024 8:16 pm

Not be silly, Facist is the other end of the spectrum. When one A Hitler was asked about Nationalsocialist (compound word in german), its completely different to existing Socialist parties of that era , KPD and SPD
Even today one of the right wing regional conservative parties in Germany is called Conservative Social Union. In german its again a compound word Christichesozial which has a different meaning than Sozial by itself

Leninist-Party-State is chinas system

MarkW
Reply to  Eric Worrall
March 24, 2024 8:17 am

To those on the left, communism/socialism is perfect.
Nazi’s are evil, the Nazis were fascist, therefore Fascism is evil. Therefore it is simply impossible for Fascism to be related to communism/socialism.

Reply to  MarkW
March 24, 2024 5:54 pm

Even Hitler said they werent left wing socialist, when asked by an US reporter in the 1930s
Your claims were just invented in the last decade or so by right wing americans who couldnt accept that facists were right wing too. All because the german word Nationalsozialist.

What about Christiansocialist , as that party on the right exists today

Are you happy to be called the Spanish version and be Francoists ?

MarkW
Reply to  Duker
March 25, 2024 9:52 am

Hitler also said he wouldn’t invade Poland.

All of Hitlers economic policies were socialist, no matter how much you want to avoid this fact.

Reply to  Eric Worrall
March 24, 2024 4:34 pm

Hitler ‘persecuted’ jews ?
Theres a far stronger word than that, that you dont want to use ?

Different ends of the political spectrum, and its nonsense to claim Nazis – who also exterminated much of Germanys communists and socialists- were a form of socialism. Its only a very minority view and then in Trumpland

Totalitarianism yes , which is where one orange headed semi insolvent businessman is headed.

Drake
Reply to  Duker
March 24, 2024 5:21 pm

Everyone vote. Is this the stupidest, most idiotic statement ever on WUWT??

Totalitarianism yes , which is where one orange headed semi insolvent businessman is headed.

Now IF you meant he is going to jail due to the current totalitarian Brandon administration, I am sorry I misunderstood you.

MarkW
Reply to  Duker
March 24, 2024 5:32 pm

The only difference between socialism/communism and Fascism, is who pretends to own the companies.

The only people who claim there is no difference between the two systems are those who still believe that socialism/communism works.

PS, there is nothing totalitarian in anything Trump has done or proposed. On the other hand, everything your boy does stinks of totalitarianism.

0perator
Reply to  Duker
March 24, 2024 6:21 pm

Is this orange head in the room with us now?

Reply to  Duker
March 25, 2024 7:00 am

which is where one orange headed semi insolvent businessman is headed.

As I said elsewhere, believing lies doesn’t make them true.

MarkW
Reply to  Duker
March 24, 2024 8:09 am

Fascism is and will always be, a form of socialism. The so called right wing parties in Germany, and the rest of Europe for that matter would be to the left of the Democrat party in the US.

Reply to  MarkW
March 24, 2024 4:25 pm

Completely false. Was Franco or Mussolini a socialist ?

The US republican party is very close to the Franco form of totalitarianism, as they dont like voting to be available for all.

Drake
Reply to  Duker
March 24, 2024 5:22 pm

OK, sorry about my previous post.

This is the stupidest most idiotic post ever on WUWT.

The US republican party is very close to the Franco form of totalitarianism, as they dont like voting to be available for all.

MarkW
Reply to  Duker
March 24, 2024 5:34 pm

Were Franco and Mussolini socialists. Completely.

Fascinating how socialists apparently believe that allowing people to live their own lives, free of government domination, is a form of totalitarianism.

Reply to  Duker
March 25, 2024 6:58 am

as they dont like voting to be available for all.

Believing lies doesn’t make them true.

Drake
Reply to  Tony_G
March 25, 2024 8:38 am

But what he said IS TRUE. He said ALL which includes illegal aliens, convicted felons and any ofhte4 NON Citizen pro Democrat voting group. Republicans only want US citizens to be able to vote and to show proof of WHO THEY ARE, before registering to vote and voting.

He is a Democrat voter, and power of HIS party is all that matters. He does not believe in the US Constitution.

BTW, what happened to the sanctity of the ballot box, where every vote was to be secret? The leftist states using “vote harvesting: allows activists to go to peoples homes and “help” them complete their ballots. So either just coercion or maybe a couple of $ lets the “harvester” influence the voter.

New federal vote law proposal:

Any absentee ballot or mail in ballot for a federal election must be completed at a Notary Public, in a private room, the mailing envelope sealed in front of the notary who is responsible to verify the identity of the voter, and notarize the outer envelope. The state government that mandates mail in balloting shall be required to pay the notary fees at $20.00 per ballot. The Notary to verify the ballot is NOT completed before the voter goes into the private room to vote.

So now the leftists states have a choice. Either just go back to the old in person voting method providing for a secret ballot, of continue their shenanigans at great expense.

Don’t forget, Washington State provides ballots that show your party affiliation on the mailing envelope. Much easier to throw away Republican ballots that way. The size of the B@LLS on these leftist politicians never ceases to amaze me.

MarkW
Reply to  Drake
March 25, 2024 9:58 am

Years ago, when I voted absentee in Georgia, I went to the local government office. Filled out a form requesting an absentee ballot. They handed me the ballot and pointed me towards a voting booth in the corner, and I was required to fill out the ballot then and there. The ballot was then put into an envelope which was sealed and placed with the other absentee ballots.

Reply to  Drake
March 25, 2024 10:16 am

But what he said IS TRUE.

I got the impression (backed by other statements of his) that his meaning was not quite what you are saying, but you do have a point!

MarkW
Reply to  Tony_G
March 25, 2024 9:55 am

It really is fascinating how you socialists have managed to convince yourself that being asked to provide an ID before voting, as just about every other country on the planet does, somehow keeps people from voting.

The only ones it keeps from voting are those who want to vote multiple times, or who aren’t entitled to vote in the first place.

Reply to  MarkW
March 25, 2024 10:18 am

It really is fascinating how you socialists have managed to convince yourself

???
We’ve had many a discussion around here, Mark. When have I ever given you cause to think I was a socialist?

Scarecrow Repair
Reply to  Richard Greene
March 23, 2024 8:31 pm

China is no longer a communist nation

RIght, and true socialism has not yet been tried.

Reply to  Scarecrow Repair
March 23, 2024 8:56 pm

How can China be a communist state? They have Disneyland.

Scarecrow Repair
Reply to  general custer
March 24, 2024 7:01 am

OK, OK, they’re a Mickey Mouse state with Winnie the Pooh as dictator.

MarkW
Reply to  general custer
March 24, 2024 8:19 am

Even communists like having fun.

Reply to  Richard Greene
March 24, 2024 1:58 am

‘Fascism’ is so abused a term in discussions of politics and societies that it no longer has any clear meaning and is pretty much useless as a categorization of a society or country. ‘Communism’ is almost as bad.

I would recommend Stanley Payne’s books on the subject: “A History of Fascism, 1914–1945”, and “Fascism, A Comparative Approach Toward a Definition”.
Rather than calling a society either one, its more useful to try and characterize it specifically. If we do this, China is what it has always been, an authoritarian bureaucracy. It is not, for instance, a plutocracy, its not a militarist or theocratic regime, its obviously not a democracy. It its own thing, and the nearest similarities are to previous regimes in its long history.

Mao’s revolution brought an end to a long interregnum after the fall of the Qing Dynasty, and installed what we might call the Red Dynasty in power. But the essential approach to governance of nation and society has not changed as a result. What has changed is the methods, objectives, policies pursued by the dynasty.

Whether its now somewhat communist or somewhat fascist is a pretty meaningless question. You will end up arguing about the meaning of the terms, and trying to see how far comparisons to the two paradigm cases of Nazi Germany and the former Soviet Union apply to present day China, and it will lead nowhere in efforts to understand the nature of Chinese government and society today.

The reality is, China is a very distinct kind of governance, one with a few similarities to, but many more important differences from, either the Soviet Union or Germany of the thirties, and neither one is an illuminating comparison.

You say by the way that ‘Solar panels and windmills in China will help reduce air pollution’. No, they won’t, this is one of the great green myths. They will not make the slightest difference. Updated coal plants, in particular superheated ones, will, however.

Reply to  Richard Greene
March 24, 2024 3:51 am

China has a dictator. That’s all you need to know.

Reply to  Tom Abbott
March 24, 2024 4:22 pm

Thats totalitarianism.

MarkW
Reply to  Duker
March 24, 2024 5:37 pm

Communism requires complete government control over everything, that’s totalitarianism.

Reply to  Richard Greene
March 24, 2024 6:11 am

As an aside, those cheap Chinese-made solar panels are flattening the EU solar panel manufacturers.

How China captured the sun – and cast a shadow over Europe (paywall)

However, the influx of cheap Chinese alternatives means that instead of tooling up, manufacturers are pulling out of the market or becoming insolvent. Last year 97% of the solar panels installed across Europe came from China.

Dave Andrews
Reply to  Paul Hurley
March 24, 2024 9:01 am

Wind Europe is desperately worried that the same thing might happen to Europe’s wind industry.

In a press release (31st May 23) they acknowledged Chinese turbines were cheaper and beginning to win European orders.

“Public money has to support the expansion of green supply chains…….Otherwise the EU Green Deal will be manufactured outside Europe and Europe will simply swap its dependency on Russian gas for one on Chinese…equipment.”

In another press release (25th Sept 23)’Security, jobs and autonomy – why we need our turbines made in Europe’

“Chinese manufacturers are starting to win more and more orders – mainly in the Balkans right now”

They point to Serbia’s recent first wind energy auction

“the biggest projects won in the auction will be built using Chinese turbines….They are offered at a lower price than turbines made in Europe. They are offered with deferred payment terms that companies headquartered in OECD countries are not allowed to offer”

John the Econ
March 23, 2024 9:00 pm

So we should be building coal-fired plants instead of dismantling them? Good to know.

Reply to  Eric Worrall
March 24, 2024 12:26 am

Is there a BAD CO2?
Just asking..

Scarecrow Repair
Reply to  nhasys
March 24, 2024 4:49 am

Yeah, that which is exhaled by every Greenie.

John the Econ
Reply to  nhasys
March 24, 2024 9:57 am

Yes. The bad CO2 is the only CO2 that Greta says she can actually see.

Rud Istvan
March 23, 2024 9:48 pm

Sum Ting Wong with China climate examples. Excuse my feeble but very accurate translation.

Mac
Reply to  Rud Istvan
March 24, 2024 7:05 am

That reminded me of the airliner crash in SF Calif some years back. It was Aisiana airlines from South Korea that crashed (very few killed fortunately). Some comic then named the crew members..
Sum Tin Wong, Wei To Low and others. News papers and TV reporters picked up the names as if they were real and were greatly embarrassed when those names were quickly proven to be fake.

Reply to  Mac
March 24, 2024 2:01 pm
Walbrook
March 23, 2024 11:05 pm

Now I know where Bowen gets his ideas from.

Reply to  Walbrook
March 24, 2024 12:25 am

Our Dear Leader of All Things Renewable Bowen does not get his ideas for such countries as China. 

To do so it will require reading lots of pages of information.

He just plagiarises the abstract, because they are short and detailed short as well, and has no idea what he is reading or cropping/copying from those abstracts. 

As I have noted many current, (all ), ALP ministers all need to grow a brain cell, e.g. such as Bowen, Burke, Albo Airbus and a lot of the rest, (too many to list).
Actually, they need 2 brain cells as the first will be lonely.

bobclose
Reply to  Eric Worrall
March 24, 2024 6:25 am

His problem is that as a socialist left head kicker' he likes a simple solution to a complex problem. The science of climate is too difficult with many uncertainties, so he takes the easy way out and believes what his tame experts’ say about human global warming or climate change. They in turn are in thrall to the climate funding gravy train that has delivered solid incomes for 3 decades, and no one wants to kill the goose by admitting there is no evidence for current climate alarm, or that rising CO2 is positive for humanity, so is not a problem at all!
We should just go back to funding new super critical replacement HELE coal fired plants for our tired 50’s technology and have gas flash generators as backup. Energy problems solved! and we don’t need China to supply us the means, unlike windmills and solar.

Ed Zuiderwijk
March 24, 2024 12:44 am

There appears to be an infinite supply of fools in academia.

Tom Johnson
Reply to  Ed Zuiderwijk
March 24, 2024 5:09 am

I don’t think it’s infinite, but it’s certainly closing in on 100 percent.

Gregory Woods
March 24, 2024 2:48 am

‘Let us hope the 2024 election cycle delivers us the politicians we need, to set our societies right.’

Hopium is a rare element indeed,

Reply to  Gregory Woods
March 24, 2024 4:51 am

In the UK the politicians we need are not Labour but Labour is what we are going to get.

Richard Page
Reply to  quelgeek
March 24, 2024 12:01 pm

Yeah I know. Labour will likely get in, do everything wrong, inflict pain and misery on the whole country with the only hope being that the survivors might bury Labour for good.

Richard Page
Reply to  Richard Page
March 24, 2024 5:04 pm

I see we have a Socialist Labour supporter here, or maybe someone just doesn’t like me! Whoever it was obviously wasn’t brave enough to say why they downvoted the comment though.

2hotel9
March 24, 2024 4:48 am

See? Proof! Coal, gas, oil, hydro and nuclear are the only renewable sources of energy. That is what China is using, thanks for proving that, Winny Da Xi.

scadsobees
March 24, 2024 5:50 am

Eric, I agree, but when i read this section, it occurred to me that you could replace Chinese with ‘Western’ and still be correct. Our government, their government, capitalism, socialism, we all ended up in the same boat.

The reality is Chinese central planners have made a colossal mess of their economy, because of their incompetence, economic mismanagement and Covid lockdowns. For at least 30 years the Chinese Government has been keeping interest rates too low to encourage development, but the result has been enormous resource misallocation and huge asset bubbles. The Chinese realestate bubble has popped, creating a catastrophic mess of bad loans in their realestate sector. Even worse, Chinese regional governments have for years been creating fake economic growth to meet central targets by issuing government bonds, and many are now likely bankrupt.

One day soon Chinese people will realise most of their investment savings have been lost by incompetent and corrupt bank managers and government officials, or even worse, that their savings are still in the bank, but have lost all their value

MarkW
March 24, 2024 7:42 am

One constant with socialists is their confidence in their own abilities.
It appears that they honestly believe that they are better equipped to run other people’s lives, than those people are.

Sparta Nova 4
Reply to  MarkW
March 25, 2024 9:59 am

A while back a government official declared that people should surrender all their money to the government because the government knew better how to spend the people’s money than the people themselves.

March 24, 2024 7:51 am

“Capitalism Can’t Solve Climate Change”

Correct. Nor can any specific economic or political system, nor any religious beliefs. Magic won’t work, regulatory regimes won’t affect climate, exorcists have no impact, fashion and trends seem impotent in affecting climate, and even celebrities are of no use. I almost seems as if climate is driven by natural forces which are not within the power of human society to influence. Who would have thought?

March 24, 2024 8:16 am

Is this the same Time Magazine that just laid off fifteen percent of it’s staff because they are so successful?
Is this the same CCP that has lied about their economic numbers for decades and caused numerous ecological disasters by mismanagement?
Asking for a friend.

March 24, 2024 12:24 pm

One day soon Chinese people will realise most of their investment savings have been lost “

For many that day might be now. For many in China, the economy feels like it is in recession.

March 24, 2024 1:38 pm

The Chinese have only given lip-service to “Climate Change” and continued to build more fossil fueled power stations that have a history of being working and being reliable.
“Chinese Communism” is content to sit back and watch the West implode itself.

Bob
March 24, 2024 2:29 pm

Excellent Eric, you have outdone yourself.

Professor Christophers is the poster child for why higher education is gaining less and less respect. He is a joke.

Why anyone would put any stock in information coming from the communist government in China is incomprehensible. I don’t believe anything they say and have little respect for those who do believe them.

observa
March 25, 2024 3:02 am

You can’t trust the Commies-
EV Warfare: China could use EVs to GRIDLOCK cities | MGUY Australia (youtube.com)

You’ve no idea what they’re up to doing a few takeover trials in the wild-
Shocking moment £47,000 electric Jaguar goes ‘rogue’ and reverses into a Porsche before shooting forwards and smashing into a Tesla and Mercedes in crash which caused £150,000 of damage | Daily Mail Online

Speeding Tesla kills 2 in China, carmaker denies claims that brakes failed (youtube.com)
and that’s just one we know about in China and we know Beijing keeps a really tight lid on things and plays plenty of games with the useful idiot Greens-
China is Throwing Away Fields of Electric Cars – Letting them Rot! (youtube.com)

If nothing else EVERY EV needs a big red emergency battery isolator button in the centre of the steering wheel pronto.

Story tip