China Continues to Build Coal Power Plants Abroad Despite Vow to Quit ...Middle East

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China Continues to Build Coal Power Plants Abroad Despite Vow to Quit
source : OILPRICE ( Middle East ) () 38
China is still building new coal-powered generation capacity abroad despite a pledge made in 2021 to stop it and focus on transition technology. According to a new report by climate think tank Global Energy Monitor, China is involved in 88% of new coal power capacity projects in new BRICS members. “Chinese firms are backing 7.7 GW of new coal, virtually all found in Indonesia, despite President Xi’s pledge to end support for overseas coal projects,” Global Energy Monitor said. Yet China is also backing a lot of transition capacity,…

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