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
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

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
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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