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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand in 2017. thousand terawatt-hours in 2018, up from 6.4

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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Avoiding new coal-fired power plants and accelerated phasing out of existing plants—while ensuring careful handling of issues such as employment, investor interests and grid stability—would help the emissions picture. In early 2017, an additional 273 GW of coal-fired capacity was under construction and 570 GW in pre-construction.