For recall, the country depends with nearly 70% to the coal for its electricity. The Chinese growth thus rests above all on the majority and increasing use of coal, first energy resource of the country, but source of massive carbonic gas emissions in the atmosphere…. ( Finance Information City )
“These costs represent 249 billion dollars and would be even higher if the effects of the climate change were included”, according to this study carried out by Greenpeace, the Foundation of Energy and Funds world for nature (WWF), entitled “the true cost of coal”.
“The environmental and social damage caused by the use of coal in China is underestimated because of the faults of the market and of the weakness of the regulations”, explained Mao Yushi, economist and one of the principal authors of the study.
In short, hidden costs, in terms of air pollution and water, degradation of the ecosystem, maintenance costs of the infrastructures, human losses.
“If all the external costs of coal were really reflected in its price, that would provide a signal, via a price not distorted, for the whole of the energy market”, estimate the authors of the report/ratio.
Let us recall that China became, with the United States, the principal pollutant of planet, taking into account its economic growth. According to New the China agency, Beijing saw its imports coal to increase by 34% over one year in 2007, to reach 51,02 million tons.
The Asian giant estimates that coal will remain it principal fuel of its development, even if the nuclear power and the hydoelectricity should play a more important part.
The consumption of electricity decreased in China in September, because of the slowdown in economic growth, according to Clouded Electricity Council. The consumption of electricity increased by 9,67% during the first nine months of the year compared to the previous year to reach 2.627 billion kWh. The growth rate of consumption as for him decreased by 10,19% from January to August.
The industrial sector, which accounts for 76% of the total intake of electricity, paid to have used 9,31% of electricity moreover during the first three quarters compared to last year. The rate was of 7,47 points of percentage less than the last year.
This deceleration was allotted at the request of fall, because of the economic deceleration and the closing-down of certain factories during the Olympic Games of Beijing.
The powerplants with coal generated 2.143 billion kWh, that is to say a rise of 8,2% compared to the last year. Last year, the coal stations had brought back an increase in the electrical power of 16,7% during the first three quarters. The deceleration of the growth of this year is also explained by the high cost of thermal coal and by the temporary control of the government on the tariffs of electricity.
In his report/ratio over the year 2007, the American Chamber of commerce in Shanghai explains in addition why 24,8% of its companies members underwent rationings of electricity during last year. This results concretely in cuts, in particular in the factories, sometimes several days per week.
But these shortages are not only related to the rise in the prices of fuels. They must also with the system of production and of electric distribution Chinese.
In China, the prices of electricity are controlled by the state. The power stations which transform coal into electricity sell electricity with the network of state, which then distributes it to the consumers. This system makes it possible to offer to the consumer of the relatively low prices. The Chinese peasant pays his electricity rather little expensive, but when the price of coal increases, they are the producers who must make the wide variation.
If the large power stations continue to produce, because they are forced there by the state, smallest close. With the rise in the price of coal, they do not have any more the means of buying some, except continuing to be involved in debt. Vicious circle: the closing-down of these factories leads to a fall of the production.
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