Despite countless warnings and mounting economic evidence to the contrary, countries continue to expand the number of new coal-fired power plants, a push which is currently being led by China, Japan, and South Korea, according to the latest figures from CoalSwarm released last week.
The global total number of coal-fired power plants under development plummeted in 2016, including a 48% decline in overall pre-construction activity, a 62% decline in new construction starts, and a massive 85% decline in new Chinese coal plant permits.
The global coal plant pipeline has slowed during the first half of 2016, according to new figures from CoalSwarm’s Global Coal Plant Tracker. CoalSwarm published its Mid-2016 Results from its Global Coal Plant Tracker this week, revealing that the total number of coal plants in pre-construction planning, the global coal … [continued]
“The world has too many coal-fired power plants, yet the power industry continues to build more,” and could cost up to $981 billion. This is the conclusion from the second annual report published by the Sierra Club, Greenpeace, and CoalSwarm, investigating the global coal plant pipeline. The report, Boom and Bust … [continued]
Originally published on The Carbon Brief. By Sophie Yeo The global coal boom has started to slow, a new report says, as more plans for new power plants are now being shelved than completed. The number of cancelled coal projects across the world has outstripped those completed at a rate of … [continued]
