10.7 C
New York
Monday, November 28, 2022

Buy now


China’s $30 Billion Coal Investment May Be Wasteful Climate Risk

Much of that investment could end up stranded. Announcements of new coal projects have slowed, suggesting reluctance on the part of utilities because coal-fired power has recently been “grossly loss-making,” the report said. China’s renewables capacity, meanwhile, continues to rapidly expand, and is approaching the market size needed to peak and reduce emissions. 

Source link

Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles