China has scrapped two-thirds of its planned coal power plants abroad: report
Five years after China pledged to stop building or financing new coal-fired power plants overseas, the country’s state sector has made “significant progress” towards meeting that goal, though private projects are still being developed, according to a new report. Two-thirds of China’s overseas coal power projects planned five years ago have since been cancelled, a 61.5-gigawatt (GW) cut in…
Recent research conducted by the Centre for Research on Energy and Clean Air (CREA) and People of Asia for Climate Solutions (PACS) reveals that China has cancelled two-thirds of its planned coal power projects abroad, according to a report. This 61.5-gigawatt (GW) reduction in capacity has prevented the emission of 6.4 billion tonnes of lifetime carbon dioxide, a significant achievement considering China's pledge made five years ago to halt building or financing new coal-fired plants overseas.
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