Article 2GMRT Coal in 'freefall' as new power plants dive by two-thirds

Coal in 'freefall' as new power plants dive by two-thirds

by
Adam Vaughan
from on (#2GMRT)

Green groups' report says move to cleaner energy in China and India is discouraging the building of coal-fired units

The amount of new coal power being built around the world fell by nearly two-thirds last year, prompting campaigners to claim the polluting fossil fuel was in freefall.

The dramatic decline in new coal-fired units was overwhelmingly due to policy shifts in China and India and subsequent declining investment prospects, according to a report by Greenpeace, the US-based Sierra Club and research network CoalSwarm.

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