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Asia’s coal-fired power boom ‘bankrolled by foreign governments and banks’

coal-fired stations in asia
The coal industry says the growth of coal-fired stations in Asia is proof of a bright future for the fuel. Photograph: Lu Guang/Greenpeace

The vast majority of newly built stations in Indonesia relied on export credits agencies or development banks, says study by Market Forces

July 20, 2017 — The much-discussed boom in coal-fired power in south-east Asia is being bankrolled by foreign governments and banks, with the vast majority of projects apparently too risky for the private sector. Continue reading Asia’s coal-fired power boom ‘bankrolled by foreign governments and banks’