Coal-fired power is on track to start shrinking globally by 2022, dimming prospects for exporters of the fossil fuel, including Australia, according to a report by environmental groups.
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| On current trends, coal plant capacity worldwide could peak by 2022. |
China and India, which have dominated construction of new power plants for more than a decade, both cut new capacity sharply for the second year in a row in 2017, the annual Boom and Bust report by Greenpeace, Sierra Club and CoalSwarm found.
Read Peter Hannam’s story from The Age - “Coal plant construction extends dive - but not fast enough: report.”
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