News Snapshot:
By IER September 24, 2020 At the September 22nd United Nations meeting, China committed to peak its carbon dioxide emissions before 2030 and to be carbon neutral before 2060 . However, pledges are not the same as actions, particularly given that China is still building new coal-fired power plants that last 50 or 60 years—well beyond the 2060 date set for carbon neutrality. China is currently planning to build 250 gigawatts of coal-fired generating capacity—more than the entire coal-fired capacity that the United States currently has in its generating fleet—and 21 percent more than planned in 2019 (206 gigawatts). Once...
