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China can save up to $1.6 trillion (£1.2 trillion) over 20 years by switching from coal power to renewables, a report says.
The authors say China must close 588 coal-fired power plants in a decade to meet climate pledges – but they insist the move will save cash.
That’s because renewables are now so much cheaper than coal.
It mirrors the situation in the US, where coal tumbled from being the cheapest major fuel to
This post was originally posted on BBC News. Read the rest of the story at https://www.bbc.co.uk/news/science-environment-56761344.