Climate Promises Can't Kill Asia's Coal Addiction
- China will still be building 1 coal power plant a week in 2020
- Findings run contrary to pledges to cut fossil fuel pollution
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Asia’s demand for coal is likely to increase for years to come even though countries including China, Japan and India have agreed on steps to limit fossil-fuel pollution damaging the climate.
That’s the conclusion an analysis of Bloomberg New Energy Finance delivered at its conference in Shanghai on Wednesday. The charts below from a presentation by BNEF founder Michael Liebreich show the impact China’s coal consumption will have on the world’s climate goals.