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

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. In 2021 alone, China’s CO 2 emissions rose above 11.9

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Coal in China: huge problem for clean power, climate efforts

Green Car Reports

Over the past few years, China has made impressive strides in renewable-energy investment. The promotion of renewable energy will only become more important as China works to meet its commitments under the recently-ratified Paris climate agreement.

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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Last year, China commissioned as much solar PV as the entire world did in 2022, while the country’s wind power increased 66 percent year over year.

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Converting Coal Power Plants to Nuclear Gains Steam

Cars That Think

On a planet aspiring to become carbon neutral, the once-stalwart coal power plant is an emerging anachronism. It is true that, in much of the developing world, coal-fired capacity continues to grow. But in every corner of the globe, political and financial pressures are mounting to bury coal in the past.

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Even In China, Coal Consumption May Be Peaking

Green Car Reports

While use of coal for generating electricity has started to decline in the U.S., China continues to build coal power plants. And that''s even before factoring in climate.'

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US and China jointly announce GHG reduction targets; US to cut net GHG 26-28% by 2025, China to peak CO2 by ~2030

Green Car Congress

The US and China jointly announced greenhouse gas (GHG) reduction targets. At the same time, President Xi Jinping of China announced targets to peak that country’s CO 2 emissions around 2030, with the intention to try to peak early, and to increase the non-fossil fuel share of all energy to around 20% by 2030.

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