You know the old saying: when bribery doesn't work...just bribe using more money... After Vietnam walked from talks in November, its authorities cancelled a planned meeting with US and EU climate ambassadors and instead drafted a new long-term power plan that actually increased the country's use of coal. The country is left to consider how much of its energy security could be put at risk during a switch to renewables, the report says. A transition "may result in power shortages in the booming nation without a credible backup in the event of low power output from wind farms or solar panels".
https://www.zerohedge.com/markets/g-7-offers-15-billion-vietnam-2-billion-transition-renewables-months-after-country-snubbed
You know the old saying: when bribery doesn't work...just bribe using more money... After Vietnam walked from talks in November, its authorities cancelled a planned meeting with US and EU climate ambassadors and instead drafted a new long-term power plan that actually increased the country's use of coal. The country is left to consider how much of its energy security could be put at risk during a switch to renewables, the report says. A transition "may result in power shortages in the booming nation without a credible backup in the event of low power output from wind farms or solar panels". https://www.zerohedge.com/markets/g-7-offers-15-billion-vietnam-2-billion-transition-renewables-months-after-country-snubbed
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