China’s “no new coal overseas” policy has already had a significant impact on the coal power pipeline in the rest of the world. The newly released guidelines for greening the “Belt and Road Initiative” (BRI) from China’s National Development and Reform Commission (NDRC) provide clearer guidance on the scope of President Xi’s pledge. CREA analysed […]
by Isabella Suarez (CREA) and Russell Gray (GEM) As countries pivot away from coal towards cleaner and increasingly cost-competitive renewable energy, the pipeline of coal outside of India and China is collapsing. China’s recent pledge to “not build new coal-fired power projects abroad” solidifies the global financial trend away from coal. Without Chinese financial support, […]
Power generation from zero-carbon sources avoided a gas bill of €33 billion across the European Union (EU) in the first three months of the gas shortage (July-September), as well as €2.3 (£2.0) billion in Great Britain, according to our new analysis. The share of zero-carbon generation in the region reached an all-time high of 66% […]
Comparing the status of Chinese-backed coal-fired power plants in January 2017 and 2021 by project and country, we found that a wave of project cancellations has hit China-backed coal power investments: 4.5 times as much capacity has been shelved or cancelled than entered into construction.
The ‘Special Report: Managing Air Quality Beyond COVID-19‘ for the Philippines, co-released with Greenpeace, contains CREA analyses that found air quality improvements as a result of the measures to contain COVID-19 rebounded in the country’s capital. The first 30 days of enhanced community quarantine (ECQ) in Metro Manila saw fine particulate matter (PM2.5) drop to […]
Isabella Suarez and Lauri Myllyvirta The widespread threat of COVID-19 globally has seen Southeast Asian countries responding with varying degrees of lockdowns and community quarantines. The slowdown in economic and social activity has resulted in an overall reduction in urban emissions and electricity demand. In a region where 7 of the 11 nations are among […]