Report: China risks wasting $500bn on unneeded coal plants

clock • 3 min read

Carbon Tracker analysis warns new coal plants at risk of becoming stranded assets as China's latest five year plan comes into force

China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country's pursuit of a lower carbon economy. That is the conclusion...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Cutting energy demand could offer cheapest and fastest route to net zero

Study: Cutting energy demand could offer cheapest and fastest route to net zero

Study explores range of decarbonisation scenarios to examine how behavioural and lifestyle changes could help deliver on net zero goals

clock 20 November 2025 • 3 min read
Vattenfall inks deal to sell UK electricity distribution business

Vattenfall inks deal to sell UK electricity distribution business

Swedish state-owned firm to divest UK electricity distribution arm to Eclipse Power in deal with wholly-owned subsidiary of the Octopus Sky Fund

Stuart Stone
clock 18 November 2025 • 3 min read
Global clean energy investment hits record $2.4tr in 2024

Global clean energy investment hits record $2.4tr in 2024

New IRENA study confirms renewables investment continues to smash records, but is still well short of levels required to meet global climate goals

James Murray
clock 18 November 2025 • 3 min read