Comments by "Frostie-Flake" (@PlanetFrosty) on "Why the US and the world depends on China’s coal; ‘King coal’ is back!" video.

  1. The problem is high sulphur coal as in China is lower thermal output and produces acid rain destroying buildings, roads and causing health problems. It’s more expense to treat high sulphur coal and make it less polluting. In steel coking operations Australian high thermal coal is more desirable. It’s likely China’s coal distribution is more diverse than just higher sulphur, but that’s to be determined.
    16
  2. Thank you, Lei. However, the debt the load and the fact that the railroad infrastructure was not built out to support cheap transport of coal leaves China structurally strangled in significant dollar denominated debt held mostly in EU which now is in trouble. BlackRock is exposed though hedged to some degree among other players and Goldman bets on a CCP collapse with bond purchases and restructuring. Multiple steel plants are in bankruptcy including one of the largest and the entire metals area is collapsing. Debt has swallowed up more than real estate, but every industry in China is massively over leveraged.
    7
  3. The fact remains that the GREEN TREND is a joke. It simply is not dense enough energy and coal is a good source. In newer industrial process co-production high sulphur coal could be treated and used for sulphuric acid for industrial processes and other carbon uses in a modern coal operation, but were just beginning to see experimentation in the US because of environmentalists resistance though this is good practice. US abundant coal and natural gas has high production potential for new high strength nano products and new types of semiconductors using less toxic processes in 5 years. The only option I see for China is a collapse of the CCP and reorganization, but we’ll see.
    1
  4. The leaks at the Shenzhen nuclear facility and other issues among other typical poorly managed infrastructure problems are disasters waiting to happen.
    1