In China, 47.4GW of coal power capacity came online in 2023, GEM says. This increase accounted for two-thirds of the global rise in operating coal power capacity, which climbed 2% to 2,130GW.
China’s 70.2GW of new construction getting underway in 2023 represents 19-times more than the rest of the world’s 3.7GW. As the figure below highlights, the country’s trajectory (red line) is diverging significantly from the rest of the world (orange line).
I was considerably happier before I knew this. Hopefully coal prices will continue to increase, and they won’t end up burning more coal even though their capacity has increased. From what I’ve read, it’s mainly provincial governments trying to boost their economic statistics that are responsible for this building spree.
Lots of solar, wind, hydro, and nuclear energy investment in the public sector. Huge investments in mass transit and electric engines. Conversion of old coal powered steel production to electric. Dense urban real estate department. Disposable waste reduction. Big efforts at tree planting along the Gobi Desert.
They’ve been very “all options on the table” about climate change. Some work. Some don’t. But the progress is undeniable.
“Common sense”, aka you don’t know shit about how to define capitalism or about the political economy of China and insist that your poorly developed ideas are self evident.
Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state. Go swallow your copium pills.
EDIT: I just lurked into your account, this explains a LOT xD
You might want to read the article China Has Billionaires. The economic case for China being Socialist is not unfounded. Nobody believes China has reached full Socialization of the economy, but it is largely Socialized, and appears to be increasingly Socialized as compared to the Dengist period.
Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state.
Gonna throw out the word authoritarian because it is an empty signifier.
If China is a capitalist dictatorship why is the economy mostly publicly owned, with the percentage growing? Why does its government have a 95 percent approval rating according to a Harvard study, and why do innovations in participatory democracy emerge from China?
I just lurked into your account, this explains a LOT xD
Wow, what a vile little weirdo treating me being openly trans as some own.
All capitalism requires a state, the fact that you call an alternate system “state capitalism” just goes to show that you need to do more research on what capitalism is.
We couldn’t have non capitalist state with imperialism
However, if we consider countries without state, we shall consider EZLN and the Democnatic Confederation in Rojava. Both have very interesting approach of eco-socialism.
What are the non-capitalist countries doing to fight climate change?
Hunting and gathering, mostly. When the superpowers are capitalists, everyone is capitalist. Anyone who thinks China isn’t capitalist hasn’t bought anything off Amazon in the last decade.
Huh, some commenters raise a good question. What are the non-capitalist countries doing to fight climate change?
China is building out massive renewables and massive coal.
My list is short, please add to it.
“Massive coal” was twenty years ago. India is “massive coal” now.
They have an electric car that costs $10,000.
They are quickly switching from Li batteries to Na, which will not require Ni or Co either.
They have a mixture of capitalism and central planning, so it’s not entirely fair to call them “non-capitalist”.
Not far in the past.
https://www.carbonbrief.org/china-responsible-for-95-of-new-coal-power-construction-in-2023-report-says/
I was considerably happier before I knew this. Hopefully coal prices will continue to increase, and they won’t end up burning more coal even though their capacity has increased. From what I’ve read, it’s mainly provincial governments trying to boost their economic statistics that are responsible for this building spree.
https://electrek.co/2024/07/16/china-on-track-to-reach-clean-energy-targets-six-years-ahead-of-schedule/
Lots of solar, wind, hydro, and nuclear energy investment in the public sector. Huge investments in mass transit and electric engines. Conversion of old coal powered steel production to electric. Dense urban real estate department. Disposable waste reduction. Big efforts at tree planting along the Gobi Desert.
They’ve been very “all options on the table” about climate change. Some work. Some don’t. But the progress is undeniable.
China is a capitalism country as everyone else.
Run by communists with a majority public sector and control of private enterprise? Hmm. Doesn’t sound correct.
TFW Tencent isn’t considered capitalist
Tencent existing as a private enterprise is compatible with the statement you are responding to.
Lack of common sense could make life harder sometimes ;)
“Common sense”, aka you don’t know shit about how to define capitalism or about the political economy of China and insist that your poorly developed ideas are self evident.
Told person who do not know the difference between authoritarian capitalistic dictatorship and commuism state. Go swallow your copium pills. EDIT: I just lurked into your account, this explains a LOT xD
You might want to read the article China Has Billionaires. The economic case for China being Socialist is not unfounded. Nobody believes China has reached full Socialization of the economy, but it is largely Socialized, and appears to be increasingly Socialized as compared to the Dengist period.
Gonna throw out the word authoritarian because it is an empty signifier.
If China is a capitalist dictatorship why is the economy mostly publicly owned, with the percentage growing? Why does its government have a 95 percent approval rating according to a Harvard study, and why do innovations in participatory democracy emerge from China?
Wow, what a vile little weirdo treating me being openly trans as some own.
It’s state capitalism with a veneer of communism.
All capitalism requires a state, the fact that you call an alternate system “state capitalism” just goes to show that you need to do more research on what capitalism is.
According to DuckDuckGo
Basically capitalism managed and owned by the state. This is not communism, nor even socialism. China is communist in name only.
Oh my god I didn’t consider what the brilliant minds of a duck duck go- wait you didn’t even cite where the definition is from?
Lol
It’s a capitalist country, but I think France is on the right track.
They were never really on the wrong track, primarily because of their huge investment in nuclear power back in the 70s.
We couldn’t have non capitalist state with imperialism However, if we consider countries without state, we shall consider EZLN and the Democnatic Confederation in Rojava. Both have very interesting approach of eco-socialism.
Hunting and gathering, mostly. When the superpowers are capitalists, everyone is capitalist. Anyone who thinks China isn’t capitalist hasn’t bought anything off Amazon in the last decade.
Buddy capitalism is a specific production system not when you do trade
Huh, there are worker coops and 100% ESOPs as alternatives to capitalism that can exist within capitalism @memes