Currents - Energy Industry Insights - October 2018

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China's Provinces are Secretly Building Coal Plants in Defiance of the National Government -

"CoalSwarm, a global network of researchers tracking fossil-fuel infrastructure, analyzed satellite imagery as of July 2018, and discovered that the construction of around half of those 150 plants is still proceeding, despite the government orders."

Why this is important: While China's central planners are trying to put the brakes on coal power plant construction, it appears the local officials who are responsible for meeting development goals and producing power for the nation are continuing to build them at a fast pace....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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