China Faces $50 Billion ‘Belt and Road’ Shortfall in Southeast Asia

The Lowy Institute of Australia published a report on Wednesday that found China’s funding for its Belt and Road Initiative (BRI) projects in Southeast Asia is about $50 billion short of its commitments, apparently due to a variety of causes, from political instability in BRI countries to reduced demand for fossil fuel projects.

This aerial photo taken on April 26, 2023 shows a construction site of the East Coast Rail

India Mulls Building More Coal-Fired Power Plants

Reuters reported on Tuesday that major Indian firms are interested in building at least ten gigawatts of coal-fired power generation over the next decade, expanding some existing plants and reviving projects that stalled out when coal power fell into environmentalist disfavor.

FILE - In this Nov. 28, 2019, file photo, smoke and steam rise from a coal processing plan

China Boasts of Vast Coal Supply as Record-Low Temperatures Hit

The Chinese Communist Party assured citizens on Sunday that it had prepared for the record-low temperatures hitting the country this weekend by stockpiling hundreds of millions of tons of coal, defying calls from climate change alarmists to replace coal capacity with “renewable” energy.

An elderly couple rest in Jingshan Park in Beijing, Wednesday, Dec. 13, 2023. Throngs of p

Kerry: China’s Coal Use ‘May Eclipse’ Some Green Efforts

During an interview with CNN International Correspondent Paula Newton that was aired on Friday’s broadcast of CNN International’s “Amanpour,” Special Presidential Envoy for Climate John Kerry stated that China is increasingly using coal as a source of energy, and China’s

U.S. climate envoy John Kerry gestures as he speaks during a press conference following a