China’s coal habit puts energy firms at massive financial risk -report

Published 00:01 on October 11, 2018  /  Last updated at 23:41 on October 10, 2018  /  China, China's National ETS  /  No Comments

China’s top generators risk losing nearly $400 billion in stranded assets by 2040 if they don’t step up the retirement rate of coal-fired power plants, a report said Wednesday.

China’s top generators risk losing nearly $400 billion in stranded assets by 2040 if they don’t step up the retirement rate of coal-fired power plants, a report said Wednesday.

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