BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high
Green Car Congress
NOVEMBER 26, 2019
The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. —Ethan Zindler, head of Americas at BNEF.
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