China’s new coal projects plummet by 80% in 2024
From January through June, Chinese officials permitted 10.3 gigawatts of new coal capacity, far less than the 50.4 gigawatts approved in the first half of last year, according to an analysis from Greenpeace and the Shanghai Institutes for International Studies. While China is bullish on renewables — it is currently building twice as much wind and solar as the rest of the world combined — officials have been looking to coal to meet demand when solar and wind are in short supply.