Energy News  
THE PITS
China backs hundreds of global coal power projects
by Staff Writers
Beijing (AFP) July 5, 2017


Chinese companies are planning or constructing hundreds of coal-fired power projects around the world, data show, even as Beijing talks up its commitment to fighting climate change.

The report by German environmental lobby group Urgewald comes as China seeks to fill a vacuum left by the United States following President Donald Trump's decision to exit the Paris climate agreement.

Urgewald estimates about 250 Chinese companies are involved in nearly half of the 1,600 new coal power projects planned or being built worldwide.

They include state-owned energy giants China Datang Corporation, China Huaneng Group, and SPIC.

Urgewald bases its figures on publicly available company information and the Global Coal Plant Tracker published by San Francisco-based research platform CoalSwarm.

It estimates more than 840,000 megawatts will be added to the world's coal-fired power capacity if the 1,600 projects are completed.

Just 120 major coal plant developers -- including 26 Chinese companies -- are responsible for about two-thirds of the planned expansion.

The projects are in 62 countries, including 14 which have no existing coal-fired power capacity.

China-backed projects are planned or under way in several nations including China, Pakistan, Malawi, Egypt and Jamaica, Urgewald said in the report published on June 29.

"If the Chinese government truly wants to position itself as a global climate leader, it needs to rein in its state-owned companies that are flooding the world with new coal power plants," Trusha Reddy, coordinator of the International Coal Network at Earthlife Africa, was quoted by Urgewald as saying.

China's National Energy Administration did not respond to a request for comment.

Urgewald said the top 120 companies were "paving the road towards climate chaos".

"The companies pushing forward this glut of new coal infrastructure pose a threat to us all, as their projects would bury our chances of keeping global warming well below two degrees Celsius," Urgewald director Heffa Schuecking said.

China, the world's biggest polluter but also its biggest investor in renewable energy, has repeatedly vowed to stay the course on reducing its greenhouse gas emissions.

Earlier this year it reportedly cancelled more than 100 carbon-belching coal power projects.

But although China's own coal consumption has fallen for the past three years, reducing the fossil fuel's share of its energy use to 62 percent, it has also been investing heavily in coal projects abroad as part of its Belt and Road infrastructure initiative.

That has prompted accusations that China is exporting its pollution to poorer, less developed countries.

THE PITS
Rio prefers Yancoal to Glencore in Australia coal sale
Sydney (AFP) June 26, 2017
Rio Tinto Monday recommended shareholders accept a new improved offer from Yancoal for its Australian coal assets, after the China-backed firm trumped a fresh bid from Swiss commodities giant Glencore. Rio, the world's second-largest miner, said in January it was selling Coal & Allied to Yancoal Australia - majority-controlled by China's Yanzhou Coal - for US$2.45 billion. But Glencore ... read more

Related Links
Surviving the Pits


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

THE PITS
Fighting global warming and climate change requires a broad energy portfolio

Low-carbon trajectory is the only option, European leaders say

Divestment streak continues for British energy company Centrica

New ultrathin material for splitting water could make hydrogen production cheaper

THE PITS
Ruthenium rules for new fuel cells

CAS researchers develop selective electrocatalysts to boost direct methanol fuel cell performance

Temperature sensor could power more energy-efficient wearable devices

A 100-year-old physics problem has been solved at EPFL

THE PITS
Thrive Renewables delivers mezzanine funded wind farms in Scotland

It's a breeze: How to harness the power of the wind

ADB: Asia-Pacific growth tied to renewables

GE Energy Financial Services Surpasses $15 Billion in Renewable Energy Investments

THE PITS
Exciting new material uses solar energy to remove man-made dye pollutants from water

Californians take a shine to solar power

Environmental groups say G20 paying lip service to clean energy

The Last Day of Net-Metering Brings Memories of Fighting for Every Solar Watt

THE PITS
1.5-bn pound cost overrun at UK's Hinkley nuclear plant: EDF

Sixth MOX nuclear shipment leaves France for Japan

UK nuclear plant to cost consumers billions more

Toshiba delays results again citing US nuclear unit

THE PITS
Solving a sweet problem for renewable biofuels and chemicals

Cellulosic biofuels can benefit the environment if managed correctly

Biofuel from waste

Cheap, energy-efficient and clean reaction to make chemical feedstock

THE PITS
Report: Heavy road freight nearly as polluting as coal

Missing Venezuelan chopper pilot in grenade attack reappears

Oil rally fizzles on OPEC doubts

Companies invited to oil sector, Iran says

THE PITS
Climate: Can G19 hold firm against Trump's G1?

Climate change could make Sahel wet: study

US pullout gives 'global push' to climate deal: UN chief

Concurrent hot and dry summers more common in future









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.