Building Indonesia s green new capital could see coal use surge (analysis)
mongabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mongabay.com Daily Mail and Mail on Sunday newspapers.
World Has Achieved 6 Milestones in Renewable Energy So Far in 2021
goodnewsnetwork.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from goodnewsnetwork.org Daily Mail and Mail on Sunday newspapers.
4 Major Asian Nations Cancel 80% of Planned Coal Power Projects After Fossil Fuel Market Crashes in 2020
Jan 16, 2021
Indonesia, Vietnam, Bangladesh, and the Philippines have canceled nearly 45 gigawatts of proposed coal power projects, a figure equal to more than one-quarter of the total installed capacity of Germany.
These are four critical emerging markets that were targeted for growth by the struggling coal industry, but a mixture of pandemic and financing-related problems caused them to pivot toward considering more cost-effective and environmentally-sound alternatives.
The year 2020 was as bad for coal as it was for health systems, and a new analysis by Global Energy Monitor (GEM) shows there will be no stimulus or v-shaped recovery for the black mineral.