China could save $1.6 trillion by replacing coal with clean energy, report finds - Printable Version +- Ipoh Community Forums (https://forums.ipoh.com.my) +-- Forum: Environment Protection (https://forums.ipoh.com.my/forum-74.html) +--- Forum: Environment Protection News (https://forums.ipoh.com.my/forum-75.html) +--- Thread: China could save $1.6 trillion by replacing coal with clean energy, report finds (/thread-1395.html) |
China could save $1.6 trillion by replacing coal with clean energy, report finds - superadmin - 04-23-2021
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. “What we found is China could save $1.6 trillion by doing that,” said Matthew Gray, co-CEO of TransitionZero, a London-based firm. - More - |