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Coal plants are still getting financed, despite pledges otherwise

Volts

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Is the Growth in Non-Oecd Countries Compensating for the Retirements?

The non-OECD coal fleet were mostly built since 2000. Half of that is in China, pretty new plants. So now they're very old and a lot of them want to retire anyway. If you look at the world without China, it's been in decline for the last five years. Even with China in the picture, this probably is the last year that the fleet will grow.

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