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People of Asia for Climate Solutions

Industry News
Source: streamlinefeed.co.ke

China Scraps Two-Thirds of Overseas Coal Projects Since 2021 UN Pledge

A joint assessment by CREA and PACS found that China has cancelled 67% of planned overseas coal power projects since its 2021 UN pledge. The 61.5-gigawatt capacity cut avoids an estimated 6.4 billion tonnes of lifetime carbon emissions. However, researchers noted that private Chinese capital continues to develop off-grid captive coal plants abroad.

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