Cost of Environmental Damage in China Growing Rapidly Amid Industrialization

[Archaic]

1. The speed at which we're burning resources will eventually force innovation.

There is a coal plant near me that has to shut down. For lack of fuel.

The coal that they burn has run out, and the city closest to the next seam they were going to open has not approved the permits for blasting.

So they're going to shut down now and save up the coal they have as well as any remaining shipments so they have it for the summer months.

If only they could have seen this coming. (sarcasm) How do you not have your math down to the day when you're going to run out? I think they're hoping that brownouts due to lack of capacity in the region will make the city jump and sign their permits.

We'll see.

I wish they'd planned ahead 10 years ago for what they were going to do. But you don't profit while you plan in a quarterly earnings world.