Monday, May 7, 2018

On energy

China is getting a lot of energy from Middle East and some from Russia with new pipe lines. They have a new exchange on energy using Yuan as the trading currency.

China is #1 or #2 in most renewable energies. Even with all nuclear generators on-line, China still depends on coal for over 50% of the energy (rough estimate and changed every year due to China's 
huge investment on green energy). 

We have the largest reserve in coal but it seems it will stay in the ground for a long while.

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