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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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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The approximately 500 terawatt hours in new coal consumption is roughly equivalent to all the power consumed in Texas in a normal year. thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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