Energy: China is Running on Fumes...Literally

 This blog will detail the complexities of different economies that are reliant on fossil fuels, specifically China. Recently due to a transportation shortage of coal, a resource China is heavily reliant on, China's energy and electricity prices have soared. The obvious problem with this besides the occasional hike in prices is that fossil fuels are finite; they will eventually come to an end. When this end reaches and coal can no longer be used as the main resource prices will not only soar exponentially as the rarity of coal increases, but the value of energy will be far more pricey for citizens. The main and glaring problem with this is that China is one of the world's largest producer economies, so when they slow down due to a lack of coal all main consumer economies will slow as well, the USA in particular.


-Konnor T. Wright


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Comments

  1. Cody HughesOctober 15, 2021 at 11:02 AM

    I think this was a really good written summary of the article. It really sucks how they are charging more for their energy and electricity. I also really liked how you describe the part coal. I thought it was a cool way of you putting it in your own words.

    ReplyDelete
  2. Hannah MeadowsOctober 16, 2021 at 4:38 PM

    I really like the way you explained the main parts of the article in your blog. I also think this is a really important topic, but all countries are running out of fossil fuels not just China. I think your blog makes people realize something has to be done about using fossil fuels because as of right now everyone is kind of ignoring the problem until we just run out.

    ReplyDelete
  3. Ethan SmithOctober 17, 2021 at 6:19 PM

    I really like your article that you posted. I think it compliments the information that you stated in your blog post. After reading it, it does make me wonder how much the U.S. actually would struggle with international product consumption, due to China’s decrease in coal supply.

    ReplyDelete

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