Satellite images show coal power plants are likely to be bad business for China
(WorldNews China)

China has a lot of coal power plants, and is planning to build even more. At the rate construction is going, China will have a fifth of the world’s fossil-fuel power plants by 2040. If that happens, there will be no chance that the world will hit the goals set under the Paris climate agreement and will be facing catastrophic climate change. It doesn’t have to be this way. A new analysis published by Carbon Tracker, a UK-based, non-profit financial think tank, has some startling results: Owing to high fuel costs, 40% of China’s coal fleet are likely to generate net losses in 2018. By 2040, 95% of the fleet can be expected to be losing money, because of...