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UK Rag Promotes China 'Peak Coal' Myth

UK Rag Promotes China 'Peak Coal' Myth
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Guardian Hails Chinese Economic Problems as “Peak Coal” | Watts Up With That?

Guest essay by Eric Worrall The Guardian is celebrating that according to official figures, Chinese coal consumption fell in 2014. But is this fall in consumption structural, or is it simply a symptom of China's growing economic problems? China's coal peak hailed as turning point in climate change battle Study by economists say achievement by…

Nowhere is this asset bubble more apparent, than with the Chinese "ghost city" phenomenon. When a Western asset bubble goes too far, an obvious symptom is deserted housing estates, built by over optimistic developers endowed with an excess of easy credit. China has gone one better – they have been building entire cities which nobody wants.​

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