Last year coal-fired generating capacity expanded in China by 37GW—more than the amount by which it grew globally
to half the world’s coal-fired power stations, the most polluting type of generator. Their share of the country’s electricity market is shrinking as nuclear plants and renewables slowly elbow them off the grid. But Chinese investors and local governments are still keen on them. Last year coal-fired generating capacity expanded in China by 37—more than the amount by which it grew globally. China has been relaxing curbs on building such plants. That suggests more to come.
China does not need a lot more power. Its economy is growing less energy-intensive as it relies less on manufacturing and construction. Lately coal-power plants have been able to sell less than half the electricity they are able to produce, down from 60% a decade ago. But local governments see any big construction project as a potential boost to growth. Some also have coal-mining industries to protect.
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