Chinese President Xi Jinping said Tuesday that his country would end support for building new coal-fired power plants abroad, a move that would cut off a key source of financing for the fuel most responsible for climate change
Chinese President Xi Jinping said on Tuesday his country would end support for building new coal-fired power plants abroad, a move that would cut off a key source of financing for the fuel most responsible for climate change.Xi's announcement to the United Nations General Assembly will end the flow of cash from the world's largest public financier to foreign coal projects, and it comes on the heels of similar pledges by Japan and South Korea earlier this year.
China had been the subject of a pressure campaign by the United States and other G-7 nations to halt its overseas support of coal
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