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
Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. billion or 18% came from sources outside those countries.
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