China accounted for two-thirds of new global coal plant capacity in 2023
Recent research indicates a surge in global coal power capacity, led by China, with a net increase of 48.4 GW in 2023.
China alone contributed about two-thirds of this growth, while other countries such as Indonesia, India, and Vietnam also added new coal plants.
Despite efforts in some regions like the U.S. and U.K. to slow plant closures, the total retired capacity was the smallest since 2011.
Analysts urge faster coal plant shutdowns to align with climate goals, highlighting the importance of transitioning to clean energy, CNBC has reported.
READ MORE: https://www.cnbc.com/2024/04/15/china-boosts-global-coal-power.html
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