The number of coal-fired power stations granted approval globally has risen for the first time since 2015 – with China making up two thirds of all plans for the heavily polluting plants. Despite international pledges to drastically cut carbon emissions, 20GW of coal-fired power plants were approved for investment last year, up from around 18GW in 2019. China alone approved 13GW of coal-fired plants, a 45pc increase on 2019 levels. Chinese authorities have lowered restrictions on building new plants in a drive to reboot the country’s post-pandemic economy. Despite last year’s rise, coal power plant investment approvals are still down 80pc over the latest five years, with countries trying to phase out the fuel in the rush to cut carbon emissions.
Telegraph 2nd June 2021 read more »