Yes this may have indeed happened. China is using less coal and more natural gas
and oil plus they added a small amount of renewable energy and they did lower
their carbon emissions in 2015 versus 2014.
China has also lowered the price of natural gas to force
consumers to switch from coal. On top of
this China’s industrial production is not growing rapidly and may have actually
declined in 2015. What this means is
iron ore, coal, oil, LNG, copper, nickel, lead, zinc, and other commodities
will continue to tank and countries like Australia, South Africa, Chile, Saudi
Arabia and Brazil will hurt economically as they are the quarries for China.
My prediction for 2016 is that global CO2 emissions will
again drop by approximately 1% versus 2015.
The US may actually join the crowd and lower CO2 emissions by heating
homes less this winter thanks to the El Nino.
The El Nino will also increase hydroelectric power generation in the
west. Natural gas will remain the fuel
of choice for power generation and coal is a goner. 2015 saw a decline of 10% in US coal
production and 2016 will likely see another 5% decline.
The best thing about 2016 though is that we will vote for a
new president. Sadly number 44 was a
thermodynamic neophyte of the poultry variety.
Number 45 will not be an Einstein either, but he or she may just
surround themselves with as secretary of energy that is not Alfred E Neuman and
with someone who actually knows that Ivanpah is Solyndra times three. Happy New Year to all.
I hope you are right. I worry the Republicans can pull off the biggest upset in history and put up a candidate that could lose to Hillary. This will mean a continuation of President Obama's energy policies and Alfred E. Neumann is still Secretary of Energy
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