Chinese Firms Speed Up Plans to Build New Coal Power Plants: GEM

AI Summary

Chinese companies are accelerating plans to build new coal-fired power plants despite governmental efforts to limit growth, reflecting tensions between energy demand and environmental policy. The trend threatens China's climate goals and impacts the global energy markets.

Chinese firms are accelerating the pace at which they propose new coal-fired power plants, even as the government moves to rein in growth after the rapid expansion in recent years.