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

Report: China risks wasting $500bn on unneeded coal plants
  • Jocelyn Timperley
  • 28 November 2016
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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...

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