China Closing Older Coal Plants

As China's economy has cooled, so has power demand -- and the government has taken the opportunity to close some of the older, more polluting coal generating plants.

China gets more than 70 percent of its electricity from coal, and officials say closing any generating capacity during the last few years of double-digit growth and urbanization was impossible.

But with growth down to an estimated 7 percent this year, central government authorities have ordered some old units totaling nearly 75-hundred...

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