“President Xi Jinping of China told the United Nations General Assembly on Tuesday that his country would stop promoting the growth of the world’s dirtiest fossil fuel overseas, in a major step to address climate change: China, he said, “will not build new coal-fired power projects abroad.”
Mr. Xi’s announcement, in prerecorded remarks, was a surprise move designed to lift his country’s standing on global efforts to rein in global greenhouse emissions.
China currently produces the largest share of emissions. It is by far the biggest producer of coal domestically, and by far the largest financier of coal-fired power plants abroad, with an enormous 40 gigawatts of coal power planned.”