Five Asian countries account for 80% of new coal power investment


Source: execreview.com execreview.com

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Tweet     China plans to increase its existing 1,100-gigawatt fleet of coal-fired power plants by another 187 gigawatts Photograph: Getty Images Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a report. Carbon Tracker, a financial thinktank, has found that China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units, even though renewable energy is cheaper than most new coal plants . The investments in one of the most environmentally damaging sources of energy could generate a total of 300...