In this list
Energy | Coal | Energy Transition | The Path to Net Zero

China ends state funding for new coal-fired power plants abroad: Xi Jinping

Commodities | Electric Power | Electricity | Energy | Coal | Energy Transition | Emissions | LNG | Natural Gas | Natural Gas (European) | Oil | Crude Oil | Metals | Steel | Steel Raw Materials | Shipping | Tankers

Market Movers Europe, Oct 25-29: Mixed signals for oil prices, energy majors release Q3 results

Energy | Oil | Refined Products | Jet Fuel

Platts Jet Fuel

Energy Transition | LNG | Natural Gas

7th Asia LNG and Hydrogen Gas Markets Conference

Energy | Natural Gas | LNG | Electric Power | Energy Transition | Electricity | Renewables | Shale Gas

European gas liberalization cut import costs by $70 bil in last decade: IEA

Energy | Energy Transition | Emissions | Natural Gas | ESG | The Path to Net Zero

Methane performance certificates to bring price transparency to emission reduction efforts

China ends state funding for new coal-fired power plants abroad: Xi Jinping

Highlights

No Chinese financing for new international coal-fired power projects

Will strive to peak carbon dioxide emissions 'before 2030': Xi

China will not finance any new coal-fired power plants abroad, Chinese President Xi Jinping said in prerecorded remarks delivered Sept. 21 at the United Nations General Assembly meeting.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

"China will step up support for other countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad," Xi said.

By ending state funding for new international coal-fired power projects, China will conform to one of the net-zero milestones of the International Energy Agency and echo a similar commitment made by the G7 nations earlier this year.

According to Xi, China will strive to peak carbon dioxide emissions before 2030 and to achieve carbon neutrality by 2060.

"We need to accelerate transition to a green and low-carbon economy and achieve greener recovery and development," Xi said. "This requires tremendous hard work, and we will make every effort to meet these goals."