China accelerates investments in coal-fired power and steel plants, increasing financial risk -report

Published 10:45 on September 28, 2022  /  Last updated at 21:44 on November 23, 2022  /  Asia Pacific, China  /  No Comments

Increased investments in China's new coal-fired power plants and blast furnaces could lead to the build-up of excess coal-based capacity and falling utilisation rates rather than emissions peaks, a report published on Wednesday found.

Increased investments in China’s new coal-fired power plants and blast furnaces could lead to the build-up of excess coal-based capacity and falling utilisation rates rather than emissions peaks, a report published on Wednesday found.

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