Chinese coal consumption rose for the second consecutive year in 2018, reversing a three-year fall from 2014 to 2016, fanning fears among climate scientists that the world’s largest emitter of greenhouse gases are not serious about cutting emissions. Photo: Reuters

China expected to allow green bonds to fund clean coal projects in potential blow to climate change fight

  • China consumes half of the world’s coal and generates 60 per cent of its electricity from coal
  • The move would put the world’s largest emitter of greenhouse gases at odds with the European Union on green financing standards
Topic |   China economy

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Chinese coal consumption rose for the second consecutive year in 2018, reversing a three-year fall from 2014 to 2016, fanning fears among climate scientists that the world’s largest emitter of greenhouse gases are not serious about cutting emissions. Photo: Reuters
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