China accounted for more than two thirds of the world’s proposed new coal-fired power by the end of 2022, with 366 gigawatts of additional capacity either being planned or under construction, research showed. | Reuters
SINGAPORE – China accounted for more than two thirds of the world’s proposed new coal-fired power by the end of 2022, with 366 gigawatts of additional capacity either being planned or under construction, research showed on Thursday.
“The more new coal projects come online, the steeper the cuts and commitments need to be in the future,” said GEM’s Flora Champenois, lead author of the report.“At this rate, the transition away from existing and new coal isn’t happening fast enough to avoid climate chaos,” she said. Overall, worldwide coal-fired power capacity grew by 19.5 GW last year, with 45.5 GW of newly constructed capacity – mostly from China – offset by plant retirements totaling 26 GW.
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