Here it is:
China signs 30-year deal for Russian natural gas - The Washington Post
As someone who has been following Tesla, Solar City and the renewable energy field for quite a while, I was struck by this headline. Many of us are looking forward to a future where we finally are able to cast off fossil fuels entirely. Then along comes a headline where the worlds most populous and fastest growing country inks a 30-year deal to buy natural gas from one of the worlds largest producers of natural gas. 30 year deal. So does that mean that the Chinese are essentially saying that they will absolutely, positively require large amounts of natural gas as far as 30 years in the future? No matter what? Apparently so. What happens after that? Why not sign a 70 year agreement, or even a 120 year agreement?
Also note that there is no mention in the article at all about what environmental effects there may be associated with a yearly amount of gas that is equal to 1/4 of China's entire required supply
One can only hope that the cost of solar and stored energy falls so much that it won't be worth the effort to pipe the gas out of the ground...
RT
China signs 30-year deal for Russian natural gas - The Washington Post
As someone who has been following Tesla, Solar City and the renewable energy field for quite a while, I was struck by this headline. Many of us are looking forward to a future where we finally are able to cast off fossil fuels entirely. Then along comes a headline where the worlds most populous and fastest growing country inks a 30-year deal to buy natural gas from one of the worlds largest producers of natural gas. 30 year deal. So does that mean that the Chinese are essentially saying that they will absolutely, positively require large amounts of natural gas as far as 30 years in the future? No matter what? Apparently so. What happens after that? Why not sign a 70 year agreement, or even a 120 year agreement?
Also note that there is no mention in the article at all about what environmental effects there may be associated with a yearly amount of gas that is equal to 1/4 of China's entire required supply
One can only hope that the cost of solar and stored energy falls so much that it won't be worth the effort to pipe the gas out of the ground...
RT