China coal power plants causing acid rain, tearing them down
I saw this go by on a news ticker, but can't find the story. I guess all the coal plants in china are killing their crops. I think FWLT and ABB are on track for benefitting from this, what do you guys think?
wind and solar currently account for .06% of US genereration. Coal 50%.Even if the US spent 1 Trillion dollars on wind and solar it still would not reach 1%. Clean coal tech. does exist but at a very heavy cost about 1/3 of total coal generation would be cut again trillions of dollars. That leaves two viable options nucs. or nat gas. The amount of nat gas dilling in the last decade has accelerated . The new advances in horizontal drilling and new discoveries particulary in the east " coal producing reigns" PA OH WV leads me to speculate on the "FACTS" N.G. get it while its cheap
no opportunity that is worth any real money for all of the western boiler companies since the chinese are experts at getting western technology and then building the boilers themselves. They are not good at paying any meaningful royalties.
Look elsewhere for bolier opportunities...not china