Tag Archives: carbon tracker initiative

China risks wasting $490bn on new coal plants, say campaigners

a woman wears a mask while walking in a neighbourhood
A Chinese woman wears a mask while walking in a neighbourhood next to a coal-fired power plant in Shanxi, China. Photograph: Kevin Frayer/Getty Images

Carbon Tracker says many plants running at overcapacity but China reluctant to wean itself off coal, fearing unemployment and unrest

November 29, 2016 — China could waste as much as half a trillion dollars on unnecessary new coal-fired power stations, a climate campaign group has said, arguing that the world’s top carbon polluter already has more than enough such facilities.  Continue reading China risks wasting $490bn on new coal plants, say campaigners