EV Juggernaut China Leads World in New Coal Power Plants

News Snapshot:

China added the most number of new coal power plants last year despite being the leading manufacturer of electric vehicles (EV), a new report says. China's continued construction of new coal power plants comes as the global community has demanded that Beijing reduce its reliance on coal for energy goals. Beijing insists that new coal power plants will operate as a backup to sporadic wind and solar energy, but the construction of new coal plants continues at a breakneck speed. China accounted for 96 percent of new coal power construction globally last year, according to data released by Global Energy...