China to Stop Building New Coal-Fired Power Projects Abroad
- Xi says focus will shift to green, low carbon energy overseas
- Biden earlier vowed to double support for developing nations
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China plans to stop building new coal-fired power plants in other nations, potentially ending one of the last sources of international funding for the dirtiest fossil fuel.
President Xi Jinping made the announcement during the United Nations General Assembly meeting Tuesday, one year after he surprised world leaders by pledging to make China carbon-neutral by 2060.