28 November

Some say 'but China still burns coal, it's the problem'. Approvals for new coal plants in China fell 92% in 2023. In the first 9 months of 2024, 86% of all new power sources added to the Chinese grid were renewable. In contrast, if Australia doesn't dramatically accelerate its renewables rollout, it will need to look at building emergency coal plants, at public expense. No company will do it, it'll be a stranded asset. Only one superpower is doing anything meaningful to try to save our civilisation from being incinerated. As a bonus it's driving the prices down dramatically on renewables and EVs for everybody else too, including us here in Oz.