Sep.28 — Neil Beveridge, senior power analyst at Sanford C. Bernstein, discusses China’s power disaster, what might occur this winter and what Beijing can do to assist with costs. He speaks on “Bloomberg Markets: China Open.”
source
Sep.28 — Neil Beveridge, senior power analyst at Sanford C. Bernstein, discusses China’s power disaster, what might occur this winter and what Beijing can do to assist with costs. He speaks on “Bloomberg Markets: China Open.”
source
Copyright © 2021 198 China News.
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Copyright © 2021 198 China News.
All Rights Reserved.
Sounds like a typical corruption squeeze, to benefit friends of the Party 🥳
Just watched a video that Europe is having energy crisis too. And UK is having food crisis plus energy crisis. Hope the world don't have a tough winter.
They need to use the free energy machines. Like the Bedini overunity machine or the Perendev one or the one with the wheel of v gates and the cam to skip the trouble spot. Or the George Greene or Newman motor. Or the Swiss free energy generator. Or the Russian one that puts out 5 times as much electricity as put in.
Well they have had no shortage of ideas like dams, windmills, solar panels, and 3 trillion dollar solar energy redirect satellites. The issue is more that they never had a tested, realistic plan and that it's communist so it can't keep pace with the market and society.
China was right to ban bitcoin mining
The west can't have its cake and eat it, they call on China to stop using coal for its energy because of climate change now China is reducing its dependence on coal, the west is blaming China for the price of gas going up and laughing at them for having energy crises, China should do what it's good for its people
We are a coal supplier from indonesia.We can help with the power generation process.Who can we email about this.
Why do the clown media and disgusting propaganda machine always fake and exaggerate every thing in China? Say how many Chinese ppl you wish them to die of Covid-19? As much as 700 thousand? Say how bad the effects of electricity curb you wish it to be? We eat food not electricity! No one will die. Not serous at all. You wish China reduce carbonara emission and now China executes power curb. And you are still stigmatizing! How devil you are! No element of a decent human being at
All!
Hope China can deliver my baby, I know he's enroute.😐
4:09 Pakistan long term fixed LNG contract will be operational in coming months. I think buying at spot price is a stupid idea in current market situations. 1 new nuclear power plant will start its operation. Our idiot PM shelved the new coal power plants using indigenous coal. Why should Pakistan pay for climate change caused by China, UK, USA, EU?
I'm no longer waiting for the stimulus check because I earn $18,680 every 14-16 day's recently🚀🚀🚀
hahahaha….. China self caused energy crisis. China self imposed sanctions on itself by banning Australian coal imports hahaha…..
Now China doesn't have enough coal and is now paying through the nose for low quality inferior coal. China now has to buy and burn twice as much coal to produce the same amount of power as the high quality Australian coal. Australian coal is the world's best quality and most efficient coal in the world. At least 40% more efficient and energy producing than the inferior coal China is paying much higher prices for now.
Typical CCP Authoritarian Dictatorship regime Nazi Muppets.
After the government pays the ransom, the hackers will get caught and punished harshly.
Audio is not good, improve it Bloomberg
'exceptional demand growths' , yea, this guy doesn't want his Chinese professional network to disappear overnight
3:15 This man's trying so hard not to bring up China's ban on Australia coal. Saying pretty much whatever he can to circumvent the issue while still hinting at the reason
Chinas ban of Australian coal bitting them in the arse. All Austrailia wanted was an independent inquiry to the origins of covid but china got its feeling hurt. 🙁
China wanting new green energy is laughable. Find out how many new coal power plants are currently under construction.
Discuss solar and wind deployment in China
Why is bloomberg over representing minorities with their choice of host?
There Is No Shortage of Energy; There Is Shortage of Normalcy
Despite increased production of energy from renewable sources, and despite the slowdown in car manufacturing, oil prices are skyrocketing. Even though fewer power plants still burn coal, coal prices are skyrocketing, as well. Natural gas prices, too, are going through the roof, and energy demand seems to outpace supply in every country and in every form of energy. Have Earth’s energy sources dwindled so drastically in a matter of months? The answer is a resounding “No!” There is no shortage of energy; there is a serious shortage of normalcy in human relations. I hope the current crisis will put some sense into humanity’s insane consumption.
The energy crunch indicates that we are over consuming. We are producing too much, throwing the excess production to the trash, polluting the ground, the air, and the water, and then we are complaining that we do not have enough. It is about as sane as killing one’s parents and then pleading for the court’s mercy because I’ve recently been orphaned.
It is time we reconsider everything we produce—how we divide production, profits, and goods, which services are necessary and which are redundant, and most importantly, how we treat one another. The goal of this process should be clear to everyone: survival.
There is no ulterior motive, no attempt to dominate or deprive anyone of power or wealth. It is simply that reality is forcing us to take all of humanity and the entire planet into consideration. If we don’t, our entire civilization will collapse like a deck of cards.
Since we still do not understand it and insist on running things the way we have always been running them—through power games—I anticipate a very cold and gloomy winter for the northern hemisphere. The energy crunch will leave many in dark and cold houses; there will be no gas for cars, and renewable energy will not replace traditional sources since there will be little sun during the winter. I hope that at least, it will make us rethink our values. If it doesn’t, next summer will be even worse than the awful summer that just ended.
I know that many people are counting on the promise of renewable energy to solve the energy problems of humanity. I think they are mistaken. There is plenty of energy, far more than we really need. We could cut emissions by at least half tomorrow. But the more we have, the hungrier we become, so our thirst for energy will never be satiated, and we will never stop exploiting the planet or each other until we reeducate ourselves and start being humane toward each other.
We have been behaving like spoiled brats whose parents buy them whatever they want. Now, our parents have run out of money and our childhood is over. It is time for us to mature and conduct ourselves like responsible adults, caring for all of humanity the way a mother cares for her entire family. If we think like a family, we will achieve normalcy.
The CCP is to blame for this they oppress the Chinese people. They are a menace to both Chinese people and the rest of the world. They unleashed the covid pandemic which killed millions. How can anyone support a government that robs you of basic freedoms, doesn’t value or care about your life, and is trying to spread this to the rest of the world starting with Taiwan
China’s electricity blackouts have nothing to do with cutting carbon emissions. It’s all to do with the CCPs refusal to honour payments for purchase of coal from Australia ever since they led the world (over 140 countries signatories) in requesting an independent international investigation into the source of the COVID/Wuhan pandemic. Not enough quality coal from Australia means greater dependency on low quality coal and an underdeveloped renewable energy sector. They force the blackouts to fool residents into thinking it’s caused by foreigners. In PRC the CCP is trying to brainwash their own people into thinking it’s all USA’s fault basically blaming the Americans or westerners as long as it’s not the CCP, therefore fuelling mass Xenophobia, racialism, and nationalism among its own population, and demonstrating that the CCP should never ever be trusted.
Winter's coming………………………………..Bah, ha, ha, ha, ha, ha, haaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!……………………….:)
China is waging economic war with the West..