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 Banskhali S. Alam power project is a 1320 (2×660) MW coal power station under construction in Chattogram, Bangladesh. The plant is being built by Shandong Electric Power Construction Corporation (SEPCOIII), a subsidiary of PowerChina, a Chinese central government enterprise. Most of the project is financed through a $1.8 billion loan from a consortium of […]
China’s carbon dioxide (CO2) emissions have grown at their fastest pace in more than a decade, increasing by 15% year-on-year in the first quarter of 2021. The post-pandemic surge means China’s emissions reached a new record high of nearly 12bn tonnes (GtCO2) in the year ending March 2021. This is some 600m tonnes (5%) above […]
Through its equity holdings, HSBC has a stake in at least 137 coal-fired power plant units under development, in 11 different countries, based on an April 2021 investigation by Market Forces (2021). We assessed the likely health impacts of the air pollutant emissions from these projects, assuming they are all completed and brought into operation. […]
2020-2021年秋冬季中国重点区域空气质量“稳中求进”，得益于清洁取暖散煤治理抵消工业污染反弹 CREA analysis of China’s air quality trends in the winter 2020-21 shows that All three key regions met their modest air quality targets for the winter, achieving improvements compared with 2019. The improvements in the northern regions were due to reduction in heating sector emissions, with rapid growth in steel, cement and other heavy […]
In the years following the landmark Paris climate agreement, most countries have made progress in phasing out coal-fired power—but nowhere near fast enough, and much of the progress has been offset by even larger planned expansion in China. This is shown by new CREA analysis included in the new report Boom&Bust 2021 released today. If […]
COVID-19 control measures and increases in renewable energy caused a steep drop in fossil fuel burning in Europe in 2020. This led to an approximately 14% reduction in average level of nitrogen dioxide (NO2) pollution, 7% reduction in average level of particulate matter pollution, and 4% in ozone levels, resulting in an estimated 37,813 avoided deaths from air pollution (95% confidence interval: 31,894 – 44,226) in Europe.
The Chinese government has today unveiled the summary of the country’s five-year plan for 2021 to 2025, amid a heavy smog in Beijing. Among other things, the plan sets a target of “basically eliminating” heavy air pollution days by 2025. As China is responsible for almost 30% of global energy sector CO2 emissions, and emissions […]
Since last Saturday, residents of Johannesburg, Pretoria and surrounding cities in South Africa’s Gauteng region have complained about a pungent, sulfuric smell in the air, with many saying it smells like fart. The region’s weather service has warned that the air quality is unhealthy for sensitive groups, including children, elderly, asthmatics and people suffering from […]
While appetite for new coal power investments is slowing throughout most of the world, it is on the rise in China. In 2020, China built over three times as much new coal power capacity as all other countries in the world combined – the equivalent of more than one large coal plant per week. In […]