China’s Belt and Road Initiative is a colossal infrastructure plan that could transform the economies of nations around the world. But with its focus on coal-fired power plants, the effort could obliterate any chance of reducing emissions and tip the world into catastrophic climate change.
Just building the land-based Silk Road Economic Belt and the 21st Century Maritime Silk Road will absorb massive amounts of concrete, steel, and chemicals, creating new power stations, mines, roads, railways, airports, and container ports, many in countries with poor environmental oversight. But more worrying still is the vision of industrial development to follow, and the energy that is planned to fuel it. While China has imposed a cap on coal consumption at home, its coal and energy companies are on a building spree overseas.