
China Has Approved More Than 50 Gigawatts Of New Coal Power
August 18, 2023
Last year, China emerged as the world’s clean energy champ, with the country accounting for $546 billion, or nearly half, of the $1.1 trillion that flowed into the sector as countries everywhere rushed to beef up their energy security. But those mammoth investments will do little to change China’s tag as the planet’s biggest polluter, if the country’s fossil fuel investments are any indication. China approved more than 50 gigawatts of new coal power in the first half of 2023, environment group Greenpeace has revealed. China is building coal-fired power plants at a record clip as it tries to counter the effects of drought on hydropower production.