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Vietnam May Back Off From Coal as Plants Get Harder to Build

  • It’s becoming harder to finance projects as banks avoid coal
  • Falling cost of renewables is reducing coal’s price advantage
The AEP Coal-Fired John E. Amos Power Plant As EPA Reviews MATS
Photographer: Luke Sharrett/Bloomberg
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Vietnam may scale back a plan to boost coal’s role in its power generation as financial restrictions and local environmental concerns make it more difficult to build plants.