Rich nations stick to coal phase-out as China builds new plants

Countries within OECD policy forum and European Union on track to close more than 75% of their coal power capacity from 2010 to 2030

Rich nations have stuck to pledges to phase out coal power despite the energy crunch in the wake of the Ukraine war but China's expanding coal fleet risks counteracting the climate impact of the closures, a report said on Tuesday.

Countries within the Organization for Economic Cooperation and Development (OECD) policy forum and the European Union are on track to close more than 75 per cent of their coal power capacity from 2010 to 2030, the Powering Past Coal Alliance (PPCA) said. Greenhouse gas emissions from burning coal are the single biggest contributor to climate change. Weaning the world off coal