Fears that nations will turn to coal for post-Covid-19 recovery | The Malaysian Insight

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Fears that nations will turn to coal for post-Covid-19 recovery

Nearly half of the coal plants throughout the world will run at a loss this year, says a financial think-tank. – EPA pic, April 8, 2020.

CHINA and other nations could be burdened with costly and environmentally damaging coal power for decades if they forge ahead with new capacity to boost their economics after the Covid-19 pandemic, research showed today. While extreme social-distancing measures in the world’s largest economies aimed at stopping the virus are likely to result in a short-term cut in global emissions, government subsidies are still driving plans to build nearly 500 GW of new coal-fired power plants.

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