Comment Now we know (Score 2) 44
what the Great Filter is...
what the Great Filter is...
10th
are Tulips.
A country in and of itself.
Has its own politics and laws.
Same as Facebook locking accounts (refusing service) for arbitrary reasons
The Biden administration recently took another step and extended this policy to multilateral development banks (MDB), such as the World Bank. The Treasury Department on Aug. 16 issued new guidance for MDBs to “promote ending international financing of carbon-intensive fossil fuel-based energy.”
The United States will oppose all new coal-based and oil-based energy projects and will narrow support for natural gas in emerging countries, according to the new guidelines. But there may be limited exceptions to these rules, especially if cleaner options are unfeasible.
This initiative, however, could make competition with China’s controversial Belt and Road Initiative (BRI) more difficult. Chinese development banks currently finance large infrastructure and energy projects in emerging countries with no strings attached, especially when it comes to protecting human rights or the environment.
The new U.S. guidance is in line with the goals of the Paris Agreement on climate change and prioritizes “clean energy, innovation, and energy efficiency,” the Treasury Department stated.
The new rules will impact MDB operations, as many European countries share U.S. concerns on climate, according to Stephanie Segal, senior fellow at the Center for Strategic and International Studies (CSIS).
The United States is the largest shareholder at some of the biggest international and regional development banks, including the Inter-American Development Bank (30 percent), World Bank (15.8 percent), and European Bank for Reconstruction and Development (10 percent).
“While ‘guidance’ does not constitute a mandate, the United States’ large shareholding in the institutions translates into voting power and an outsize role in setting the institutions’ agendas and lending programs,” Segal wrote in a recent report.
She noted, however, the U.S. initiative would have no effect on large Chinese development banks such as the Asian Infrastructure Investment Bank and New Development Bank, as the United States isn’t a member.
China finances energy projects overseas, which are heavily concentrated in fossil fuel operations.
Beijing “remains the world’s largest source of public funding for coal projects through the Export-Import Bank of China and China Development Bank,” Segal wrote, adding that this contrasts with the G-7 countries’ commitment to end the funding of new coal generation in developing countries.
The headline was "Greenhouse Gas Emissions Must Peak Within 4 Years"... and if China is adding 38.4 GW of Coal each year, this is not possible.
So, either get on board with limiting China or prepare to get warm.
when you say "you are out of date regarding power production of a coal plant".. you mean the San Francisco-based think tank Global Energy Monitor (GEM) and the independent organization Centre for Research on Energy and Clean Air (CREA) who completed this study in Feb of 2021 are out of date, correct ?
You are brilliant... she should not be able to buy anything she wants.... she should only be able to buy a government approved Volga GAZ 24-10 ** now with batteries...
And food ? Just what is made by your friends at the local communist party... they have all sorts of flavors of Soylent for you.
Its impossible until you do it.
Ask Elon.
a Mars colony for that price.
all those Tulip buyers were stupid.
That's according to a new survey by the San Francisco-based think tank Global Energy Monitor (GEM) and the independent organisation Centre for Research on Energy and Clean Air (CREA), which suggests China commissioned 38.4GW of new coal plants last year. That translates to more than one large coal plant every week. Feb 4, 2021
Wow.... I never considered you had to build them sequentially..
You are saying they can't have 52 plants under construction in parallel?
You underestimate their intelligence.
China is building a Coal Plant per WEEK for themselves and other countries. Given a hall pass from Paris.
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