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"Coal In 'Freefall' As New Power Plants Dive By Two-Thirds"

"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.

The report said the amount of new capacity starting construction was down 62% in 2016 on the year before, and work was frozen at more than a hundred sites in China and India. In January, China’s energy regulator halted work on a further 100 new coal-fired projects, suggesting the trend was not going away."

Adam Vaughan reports for the Guardian March 22, 2017.

SEE ALSO:

"Despite Pollution, Coal Plant Is Cleared to Reopen in New Delhi" (New York Times)

Source: Guardian, 03/22/2017