Sunday, 25 April 2021

China could save $1.6 trillion by replacing coal with clean energy, report finds

China could save $1.6 trillion by replacing coal with clean energy, report finds

China could stand to benefit economically if it can successfully replace coal with renewable energy, according to a report by financial analytics company TransitionZero. The study looked at the costs, or savings, that the Chinese government would incur if it replaced its existing coal-fired power plants with zero-carbon alternatives.

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