Monday, July 3, 2017

Paris Accord Hypocrisy

When China halted plans for more than 100 new coal-fired power plants this year, it seemed to confirm Beijing’s new role as a leader in the fight against climate change. However, new data on the world’s biggest developers of coal-fired power plants indicates a different situation. China’s energy companies will build almost half of the new coal generation expected to go online in the next decade.

Over all, 1,600 coal plants are planned or under construction in 62 countries, according to Global Coal Plant Tracker. These new plants expand the world’s coal-fired power capacity by 43 percent and make it nearly impossible to meet the goals set in the Paris Climate Accord whose target is to limit the increase in global temperatures below 3.6 degrees Fahrenheit.from pre-industrial levels. Coal fired plants are the biggest single contributor globally to the rise in carbon emissions.

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