Coal exec Fred Palmer is right.
The Guardian reports,
China tripled its solar energy generating capacity last year and notched up major increases in wind and hydropower, government figures showed this week, but officials are still struggling to cap the growth in coal burning, which is the biggest source of carbon dioxide emissions in the world.
The latest evidence of China’s promotion of renewable energy has been welcomed by climate activists, but they warn that the benefits are being wiped out by the surge in coal consumption.
After burning an extra 95m tonnes last year, China will soon account for half the coal burned on the planet…
As Peabody Energy exec Fred Palmer told The Guardian earlier this year:
Anyone who has the notion that we’re going to move away from fossil fuels just isn’t paying attention.