4 Major Asian Nations Cancel 80% of Planned Coal Power Projects After Fossil Fuel Market Crashes in 2020
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 […]
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Source: Good News