Greed, Inefficiencies Fuel China’s Costly New Coal Power Plants

Greed, Inefficiencies Fuel China’s Costly New Coal Power Plants

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Analysts are questioning the logic behind China’s plan to build 100 new coal-fired power plants to back up wind and solar capacity, highlighting how existing coal assets remain under-utilised while being costlier than renewables. China’s move has sparked warnings that the country is likely to end…

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