CHINA To Phase Out ‘Renewable’ Subsidies, Continue To Build Coal Plants

Climatism

CHINA coal boom - CLIMATISM IER China Expected to Phase Out Renewable Subsidies, Continue to Build Coal Plants – IER


“We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” – Warren Buffett

“Suggesting that renewables will let us phase rapidly off fossil fuels in the United States, China, India, or the world as a whole is almost the equivalent of believing in the Easter Bunny and Tooth Fairy.” – James Hansen (The Godfather of global warming alarmism and former NASA climate chief)

Renewable energy technologies simply won’t work; we need a fundamentally different approach.” – Top Google engineers

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CHINA’S greenwashing exercise and heavily subsidised unreliables (wind/solar) experiment is coming to a grinding halt.

THE central planners in the red state know only too well that you cannot power a growing economy on…

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This entry was posted in applied price theory on by .

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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