All this pushback from within China is of huge significance to the broader fossil-fuel resistance, from Australia to North America. It means that if tar sands pipelines and coal export terminals can be held off for just a few more years, the market for the dirty products the coal and oil companies are trying to ship to Asia could well dry up. Something of a turning point took place in July 2013 when the multinational investment banking firm Goldman Sachs published a research paper titled, “The Window for Thermal Coal Investment Is Closing.” Less than six months later, Goldman Sachs sold its 49
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