London: Asian governments are stepping up their support for coal-fired power plants, handing a lifeline worth US$64bil a year to an industry struggling to maintain investment from private investors.
The finding from four research organisations contrasts with pledges by the Group of 20 nations to rein in greenhouse gases and wean the world off the most polluting fossil fuel.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!