The world needs to close coal power plants at almost five times the present rate, as well as stop building new ones, in order to meet the goals of the Paris climate agreement, according to a report.
Global Energy Monitor, a San Francisco-based NGO, said insufficient progress was being made to avoid “climate chaos” and that plans for a sharp increase in the number of coal-fired plants in China would require even steeper cuts to the rest of the global fleet to meet the world’s climate goals.