In the meantime, China just built a whole bunch of new coal power plants in China and Africa
Europe and China agree to take action on climate change and nothing else in tense Beijing summit
China and the European Union have issued a joint call to action on climate change during an otherwise tense bilateral summit in Beijing on Thursday riven with major disagreements over trade and the war in Ukraine.
The two economic juggernauts issued a joint statement on climate change, urging more emission cuts and greater use of green technology and affirming their support for the Paris Climate Agreement as well as calling for strong action at the upcoming COP30 climate summit in Brazil.
“In the fluid and turbulent international situation today, it is crucial that all countries, notably the major economies, maintain policy continuity and stability and step up efforts to address climate change,” the joint statement said.
Coal power plant over there
Their climate agreement was a silver lining on a stormy day where European leaders demanded a more balanced relationship with China in talks with President Xi Jinping.
And China continues to dump below market rate solar panels and stuff on the EU market.
Like the U.S., the 27-nation EU bloc runs a massive trade deficit with China — around 300 billion euros ($350 billion) last year. It relies heavily on China for critical minerals and the magnets made from them for cars and appliances. When China curtailed the export of those products in response to Trump’s tariffs, European automakers cried foul.
And as the EU elites force the peasants into EVs (which the Elites do not drive), they are utterly reliant on China. Fools.
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Author: William Teach
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