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Coal Power Overcapacity and the Investment Bubble in China
A collaborative report by Greenpeace East Asia and North China Electric Power University reveals that up to 700 billion RMB could be invested in the coal power industry over the 13th five year plan period, in spite of an already serious overcapacity problem. The report analyses trends in coal power during the 12th Five Year…
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Greenpeace report estimates 13th Five Year Plan period could see 700 billion RMB wasted on coal fired electricity
Beijing, November 18, 2015 – A collaborative report by Greenpeace East Asia and North China Electric Power University reveals that up to 700 billion RMB could be invested in the coal power industry over the 13th five year plan period, in spite of an already serious overcapacity problem. The report, Coal Power Overcapacity and the…
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Is China doubling down on its coal power bubble?
A Greenpeace East Asia investigation has found that a total of 155 coal fired power plants, or four per week, have received environmental permits in the first nine months of this year. With power generation from coal falling, and an already severe overcapacity problem, the coal fired power plants will do nothing but add debt…
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Greenpeace: Despite falling coal consumption, China could add as many as four idle coal power plants per week.
Beijing, 11 November, 2015 – A Greenpeace East Asia investigation has found that a total of 155 coal fired power plants, or four per week, have received environmental permits in the first nine months of this year. With power generation from coal falling, and an already severe overcapacity problem, the coal fired power plants will…
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367 shades of grey: why China needs a coal cap
Greenpeace East Asia’s air pollution rankings of 367 cities was released today and averages of PM2.5 have dropped by an average of 12.1% across the country. But while pollution levels are still 4 times the WHO recommended safety levels and nearly 80% of cities fail to meet China’s (much less stringent) national safety standards, there…
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Taking the Law Lightly: possible illegal construction of coal chemical plants in north western China
With its dusty Loess plateau, vast stretches of desert and bone-dry plains, China’s northwest is a harsh and arid environment. And as desertification makes its force felt and economic development and urbanisation spread, pressure on water supplies are become ever more intense. Yet it is in this area that China’s water-thirsty and polluting coal chemical…
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BREAKING – Standard Chartered ditches giant coal mine threatening Great Barrier Reef
Hong Kong, 11 Aug 2015 - Standard Chartered has announced yesterday that it is pulling out of one of the world’s most controversial coal developments following an international campaign by Greenpeace East Asia and others environmental groups.
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Falling Fast: It wasn’t just stock prices that dropped in China recently
As stocks in China’s bull market suddenly slipped last month, another downward trend gives us slightly more cause for optimism.
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Greenpeace demands Standard Chartered ‘Choose Coral Not Coal’
Hong Kong, 23 June 2015 – Greenpeace today unfurled a 30 x 5 metre banner reading ‘Choose Coral Not Coal’ outside Standard Chartered Bank’s flagship branch, in the heart of Hong Kong’s financial district. Greenpeace demands the bank immediately discontinues its involvement in the controversial Carmichael coal mine in Australia’s Galilee Basin, threatening the World…
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7 reasons to claim water for life, not for coal
Safe, affordable and accessible water is one of our planet's scarcest natural resources. Many people don't have access to fresh water for sanitation, agriculture, or even to drink.
