Boom and Bust 2017: TRACKING THE GLOBAL COAL PLANT PIPELINE

After a decade of unprecedented expansion, the amount of coal power capacity under development worldwide saw a dramatic drop in 2016, mainly due to shifting policies and economic conditions in China and India, according to a survey by CoalSwarm’s Global Coal Plant Tracker.
The slowdown in the coal power pipeline brings the possibility of holding global warming to below 2°C from pre-industrial levels within feasible reach. The international climate agreement negotiated in Paris (well below 2°C and aiming for 1.5°C) remains possible but would require much faster retirement of existing capacity, particularly
in the world’s historic emitters.Read More