China to wean itself off coal power while financing plants in developing countries


Source: firstpost.com firstpost.com

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Science China to wean itself off coal power while financing plants in developing countries Head of the climate change said, "Combating climate change is also about letting people in developing countries live good lives." Agence France-Presse Apr 28, 2021 12:30:02 IST China will press ahead with its multi-billion-dollar financing of coal plants in developing countries, a top climate official said Tuesday, despite Beijing's stated aim of slashing carbon emissions. In 2020, China opened three-quarters of the world's newly funded coal plants, according to the UK-based monitor CarbonBrief, and accounted for more than 80 percent of newly announced coal power projects....