Coal gets US$64bil lifeline from G20 governments led by China


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.

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.

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