Phaseout of coal power far too slow to avoid 'climate chaos', report finds

World needs to stop building new plants and close existing ones at almost five times the current rate to meet Paris agreement goalsThe 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. Continue reading...