(Bloomberg) "The world’s biggest producer and consumer of the fuel is set to lift output by more than 100 million tons in 2019, Wang Hongqiao, vice president of the China National Coal Association, said at a conference in Shanghai on Tuesday.
Bloomberg Intelligence estimates that at least 200 million tons of coal capacity will be ready to start production in 2019, with another 409 million tons of government-approved capacity under construction.
China is also boosting the capability of its transportation links to move the expanding volumes of coal. Railway capacity will increase by 650 million tons, or 30 percent, to 2.82 billion by 2020, said Li Hua, a director at China Railway Economic and Planning Research Institute. The Daqin network, which connects the major producing region of Shanxi to Qinhuangdao port, will expand by 450 million tons by 2020."
Obviously, China is not really too concerned with CO2 emissions. The US produced 755 Mtons of coal in 2018, so if we just cut our production by little more than half, we'll be able to offset the increased production in China.
Bloomberg Intelligence estimates that at least 200 million tons of coal capacity will be ready to start production in 2019, with another 409 million tons of government-approved capacity under construction.
China is also boosting the capability of its transportation links to move the expanding volumes of coal. Railway capacity will increase by 650 million tons, or 30 percent, to 2.82 billion by 2020, said Li Hua, a director at China Railway Economic and Planning Research Institute. The Daqin network, which connects the major producing region of Shanxi to Qinhuangdao port, will expand by 450 million tons by 2020."
Obviously, China is not really too concerned with CO2 emissions. The US produced 755 Mtons of coal in 2018, so if we just cut our production by little more than half, we'll be able to offset the increased production in China.
