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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 terawatt-hours in 2018, up from 6.4 thousand in 2017.

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GE and Shenhua open coal gasification joint venture in China

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a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. GBI report: Asia-Pacific to be the leading coal-producing region. The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand.

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New phase of globalization could undermine efforts to reduce CO2 emissions

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Some production activities are relocating from China and India to other developing countries, such as Indonesia, Vietnam and Thailand, particularly for raw materials and intermediate goods production in energy-intensive sectors.

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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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Substantial emission reductions due to fuel economy standards for passenger cars are already included in the current policy scenario. There are an estimated 6,683 operating coal-fired power plants in the world, with a combined capacity of 1,964 GW. A shift to more electric vehicles is also included. GtCO 2 ).