Key Takeaways
1 While western nations are spending time and money to remake their entire energy systems to comply with climate policies, the two most populous countries — China and India — are busy building more coal plants to guarantee affordable and reliable energy to their people and businesses for decades to come.
2 Both nations already use more coal than the United States, which has not seen a coal plant constructed for 10 years; China uses 9 times as much coal as the United States.
3 China and India invest heavily in renewable energy but recognize that the intermittency of wind and solar cannot be relied upon for round-the-clock energy generation.
4 Both nations are building manufacturing capabilities for renewable energy technologies to export those products to western nations who are currently fixated upon them.
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