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I'm not worried about South Korea and Japan. If you cut off funding to every coal plant, massive regions of Africa, South America, and Central Asia will be with
by frockington1 7y ago
I'm not worried about South Korea and Japan. If you cut off funding to every coal plant, massive regions of Africa, South America, and Central Asia will be without any source of heat and electricity (or more likely they will just burn something worse). I want to see renewable, but not at the cost of entire nations going dark and freezing in the winter months
- icebraining 7y agoFunding for operating existing plants comes from the clients and/or the government, or possibly from bank loans for cashflow management. Investor money is usually for funding new plants or mines. The only reason most existing plants might close is if cheaper alternatives provide a better service.