How China is Capturing Global Energy Market Share

I watched with amusement as a man who goes by the name of Xi addressed the United Nations telling them to do more to combat “climate change”.

“We aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060.”

Unsurprisingly CNN, CNBC and the BBC dutifully published a series of glowing propaganda reports marvelling at the brilliance of the Chinese Communist Party’s “commitment” to the cause. And then true to form social media giants FaceBook and Twitter gleefully promoted dissemination of the narrative. If there ever was a cause to place a warning “misinformation” this would have been one such case but don’t expect to see that. After all 2020 will be remembered as the year it became evident that Silicon Valley had sold out to the CCP.

Let me unpack this for you in case you missed it. China will continue to RAMP UP carbon emissions into 2030, which I’ll remind you is still a decade ahead of us.

And then we are promised they will magically decrease their emissions after that.

This is like Charlie Sheen telling us he’s going to go butt wild snorting as much coke as he can for the next decade…peaking his intake by 2030 and then …deep breathe – he’s going to get stone cold sober. Yeah OK.

Now if you believe any of this nonsense then I’ve a bridge to sell you. If it’s hard to imagine China as a champion for the woke hysteria around “climate change” that’s because they’re not.

This is quite simply Xi leveraging the hysteria over climate change for geopolitical purposes. 

China is loving the fact that the west are virtue signaling their way to a self inflicted economic, political, and social controlled demolition, championed and led by our Silicon Valley elites, Gates, Dorsey, Bezos, Zuck and of course employed via the UN thugs led by Klaus and his ilk at the WEF.

Western democracies in controlled demolition by globalist technocrats

China has nearly 250 gigawatts (GW) of coal-fired power now under development, more than the entire coal power capacity of the United States. So when Xi says China will peak…what he is preparing us all for is a massive (they never stopped) and continued investment.

Our Chinese friends now have 97.8 GW of coal-fired power under construction, and another 151.8 GW at the planning stage. And so while some poor sap was penning Xi’s carefully crafted speech to the UN, Xi and his underlings were busy. Busy financing and building out what is likely to be the worlds most impressive global energy infrastructure.

Just this year plants accounting for some 17 GW began construction in China. To put this into context this is more than the total amount approved during the previous two years. But they are not only investing in their backyard. Nope… according to a Boston University database they have made more than $244 billion in energy investments abroad since 2000 with the bulk of that in recent years going into oil and gas.

(Yeah not wind, solar or renewable and recyclable Unicorn farts. Good ol O&G…)

A healthy $50 billion has gone toward dirty old coal!

They’ve done all of this, and will continue to do more, while paying lip service to “carbon emission reductions”. That our western leaders are as gullible as they are is a tragedy but simply ensures the west is going to end up being a source of houseboys for their Chinese overlords by the next decade. Watch!

The reason is simple and it’s one I’ve repeated more times than I care to count.

No country has political security without energy security.

And energy security is one thing that the liberal hand wringing “we’re all going to die in 12 years” crowd neither understand, nor care to understand.

That’s how religious-like ideologies work after all.

On the topic of securing political power globally consider this:

It is one thing to develop domestic energy, but that isn’t enough to rule the world. To rule it you need global capacity and leverage over other nations. This was always what the “belt and road” initiative was all about… a trojan horse. That discussion of the Belt and Road has faded from the MSM does not mean it isn’t being pursued. I assure you it continues.

A report in January found that more than one-quarter of coal plants under development outside China have some commitment or offer of funds from Chinese financial institutions. Imagine that.

Keep this in mind. China is the largest consumer of fossil fuels and over the last decade has become the largest financier of the fossil fuel industry.

Here take a look.

As mentioned by the institute for energy.

These Chinese corporations are building or planning to build more than 700 new coal plants at home and around the world, some in countries that today burn little or no coal, according to tallies compiled by Urgewald, an environmental group based in Berlin. Many of the plants are in China, but by capacity, roughly a fifth of these new coal power stations are in other countries. In total there are 1,600 new coal-fired plants planned or under construction in 62 countries, according to Urgewald’s tally, which uses data from the Global Coal Plant Tracker portal. The new plants would expand the world’s coal-fired power capacity by 43 percent.

https://www.instituteforenergyresearch.org/fossil-fuels/coal/despite-paris-agreement-china-india-continue-build-coal-plants/

So expect to see China championing and cheering on the West, encouraging them to divest of fossil fuels, encouraging them to keep their economies locked down with Covid hysteria and encouraging the decimation of their economies, and the subsequent political and social mayhem being unleashed.

Why? because if you’re running a race and you’re not the fastest that doesn’t matter if your competition has swapped out their track shoes for concrete boots and iron shackles. Why wouldn’t you encourage them to keep it up…and with vigour.

We are witnessing the greatest shift of economic, political and social capital in our lifetimes… and it runs West to East.

I dearly wish the West weren’t encumbered by a bought and paid for Marxist group of thugs but we are and we must act and invest accordingly because nobody is going to look out for you…like you.

-Chris

“The supreme art of war is to subdue the enemy without fighting.”
― Sun Tzu, The Art of War

CapEx-Logo-Our-World-This-Week
5 1 vote
Article Rating
Subscribe
Notify of
guest
5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
trackback

[…] Go to article […]

Mike Wilhelm
Mike Wilhelm
4 months ago

Chris – I think you are brilliant and your reporting is fantastic. You and I are of the same mindset.
Isn’t it incredible how we don’t get this kind of news from the MSM??

Dan
Dan
4 months ago

Tried to share this on FB. Bastards said it goes against their community standards on spam. Good thing I’m leaving

Mr. Sam
Mr. Sam
4 months ago

Have you considered what’s driving this woke movement? I’m truly, genuinely trying to understand it.

Someone wrote on Twitter, “The honey badger is my spirit animal.”

And one of these precious people commented, “Spirit animal is a term derived from XYZ tribe and you’re appropriating their cultural heritage.”

I mean, what are the forces that brought us to this point? What is the genesis of this, the engine behind it?