REPORT

China plans new coal plants, trims support for clean energy

China burns about half the coal used globally each year. Between 2000 and 2018, its annual carbon emissions nearly tripled, and it now accounts for about 30% of the world’s total.

As world leaders gather in Spain this week to discuss how to slow the warming of the planet, a spotlight is falling on China – the top emitter of greenhouse gases. China burns about half the coal used globally each year. Between 2000 and 2018, its annual carbon emissions nearly tripled, and it now accounts for about 30% of the world’s total. Yet China is also the leading market for solar panels, wind turbines and electric vehicles. And it manufactures about two-thirds of solar cells installed worldwide. That apparent paradox is possible because of the sheer scale of China’s energy demands.

With China’s economy slowing, policymakers are doubling down on support for coal and other heavy industries. At the same time, the country is reducing subsidies for renewable energy.

https://energy.economictimes.indiatimes.com/news/coal/china-plans-new-coal-plants-trims-support-for-clean-energy/72327313

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