China accounted for more than two thirds of the world's proposed new coal-fired power by the end of 2022, with 366 gigawatts (GW) of additional capacity either being planned or under construction, research showed on Thursday.
U.N. Secretary General Antonio Guterres has urged countries to stop building new plants and phase out coal consumption completely by 2040 in order to slash climate-warming carbon emissions and keep global temperature rises within 1.5 degrees Celsius above pre-industrial levels.
"The more new coal projects come online, the steeper the cuts and commitments need to be in the future," said GEM's Flora Champenois, lead author of the report. Outside China, planned new capacity fell 20% last year, with no projects proposed either in the European Union or North America. India accounted for 60.5 GW of the proposed capacity while Indonesia is planning to build another 26 GW.
Retirements slowed from a year earlier as countries returned to coal to cope with gas supply disruptions arising from Russia's invasion of Ukraine.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Consulate General: China firmly opposes Taiwan leader's transit in the USChina Consulate General: China firmly opposes Taiwan leader's transit in the US – by anilpanchal7 China Taiwan UnitedStates RiskAversion NewsTrading
Read more »
Half of the world's 10 busiest airports for 2022 are in the United States | CNNFive of the world's busiest airports for passengers in 2022 were in the United States, according to preliminary global air traffic figures.
Read more »
United Auto Workers union membership rose 3% in 2022 to 383,000Membership in the United Auto Workers union rose 3% in 2022 to 383,000 as it works to organize workers in battery plants and other electric vehicle components.
Read more »
Fantasy Basketball award winners for the 2022-2023 NBA seasonThe fantasy basketball season is officially over, and despite the quotidian trudge of boxscores, waiver wire adds and trade negotiations, hopefully, your season ended with some new hardware! And if it wasn't your time, that's ok — there's always next season.
Read more »
Project Innovation 2022 Frequently Asked QuestionsPresented by the Comcast NBCUniversal Foundation in partnership with NBC and Telemundo owned stations in 11 markets, NBCUniversal Local Impact Grants Program is strengthening our communities by providing funding to local nonprofit organizations that are solving everyday problems.
Read more »