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. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. —Luiza Demôro, project manager for BloombergNEF.
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