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The document argues that structured finance contracts often insulate fossil fuel assets from market forces, creating a barrier to clean energy transition. Using the Red Hills Power Plant in Mississippi as a case study, it proposes a restructuring model that provides financial benefits to electricity customers, bondholders, the coal supplier, and workers while accelerating the plant's retirement.

The report analyzes the vulnerability of ASEAN economies to climate transition risks, highlighting a significant reliance on fossil fuels for electricity generation. It finds that carbon-intensive sectors represent approximately 25% of corporate bond issuance in the region, with a substantial portion of loans and bonds facing refinancing risks by 2030. The authors argue that current industrial classification systems are inadequate for identifying these risks and recommend that ASEAN central banks develop comprehensive 'green' and 'brown' taxonomies to enhance climate risk disclosures and manage potential asset stranding.

The report highlights a global trend toward phasing out coal power, accelerated by COP26 commitments, while identifying China as a significant exception due to its continued construction of new plants. It details the decline of international public financing for coal and the risks associated with 'clean coal' technologies like CCS.

The global coal fleet grew by 18.2 GW in 2021, primarily driven by China, which commissioned 25.2 GW of new capacity. While COP26 led to an increase in the number of plants with phase-out dates to 750 (550 GW), a significant gap remains to meet the 1.5C pathway, which would require retiring an additional 1,100 GW. Public financing for new international coal projects has largely ceased following pledges from G20 countries, including China, Japan, and South Korea. However, some nations continue to rely on unproven 'clean coal' technologies like carbon capture and storage (CCS) to extend plant lifetimes.

The report details a global landscape where coal capacity is increasingly concentrated in China, while other regions face a decline in new projects. Despite a record number of phase-out announcements following COP26, the global fleet grew by 18.2 GW in 2021, primarily due to Chinese expansion. The document argues that 'clean coal' technologies are costly and ineffective distractions from the necessary total phase-out of coal power.

The report finds that while many countries are committing to end coal power, global capacity increased by 18.2 GW in 2021, driven primarily by China. While OECD countries and several non-OECD nations are cancelling projects, China's continued expansion and the use of unproven 'clean coal' technologies in some developed nations hinder alignment with the 1.5°C Paris Agreement target.

The report finds that while many countries are committing to 'No New Coal' and accelerating closures, China continues to expand its coal capacity, largely offsetting global reductions. As of 2021, 750 coal plants (550 GW) have determined closure dates, but a significant gap remains to meet IPCC 1.5°C targets, which would require an additional 1,100 GW of capacity to be cancelled or closed by 2030.

The report analyzes the global state of coal power, noting that while many OECD and non-OECD countries are canceling new projects and setting closure dates, China continues to expand its capacity. It highlights that 750 coal plants (550GW) now have effective closure dates following COP26, but global capacity increased by 18.2GW in 2021 due to Chinese additions. The document argues that 'clean coal' technologies like CCS are expensive and unreliable distractions from a full transition to renewables. Specifically for South Korea, it criticizes the 2050 phase-out goal as lagging behind international standards and notes the continued construction of new plants despite public commitments.

The report provides a comprehensive tracking of global coal-fired power plant capacity, highlighting a divergence between the decline of coal in most OECD and non-OECD countries and the continued expansion of coal capacity in China. It evaluates the effectiveness of COP 26 commitments, the role of public financing, and the perceived inefficiency of 'clean coal' technologies like Carbon Capture and Storage (CCS).

The report finds that while many countries are committing to end new coal power, China continues to expand its capacity, offsetting global declines. In 2021, global operating coal capacity increased by 18.2 GW, largely driven by China, which accounted for 56% of new operational capacity. Despite COP26 commitments, a significant gap remains between current plans and the 1.5°C warming limit, which would require decommissioning an additional 1,100 GW of capacity by 2030. The report also critiques 'clean coal' technologies like CCS as costly and ineffective distractions from renewable energy.

The document analyzes India's power sector financing between 2013 and 2019, noting that while utility-scale renewables dominate tracked commitments, continued investment in coal-fired power remains a significant barrier to Paris Agreement alignment. It highlights the risk of stranded assets in the thermal sector and recommends a shift toward green bonds, improved transmission infrastructure, and the accelerated decommissioning of old coal plants to meet 2030 climate targets.

The report finds that global gas-fired power capacity in development (615 GW) now exceeds that of coal (457 GW), representing an estimated US$509 billion in capital expenditure. This expansion is described as ubiquitous across all continents, directly conflicting with the IEA's 1.5°C net-zero pathway. The authors argue that these investments face significant stranded asset risks as clean energy portfolios (CEPs) increasingly outcompete gas on cost, particularly in the US and Australia.

The document examines India's power sector financing between 2013 and 2019, noting that while utility-scale renewables dominate tracked commitments, continued investment in coal-fired power creates significant misalignment with Paris Agreement temperature goals. It highlights the risk of stranded assets in the thermal sector and proposes innovative financial mechanisms, such as green bonds and foreign exchange hedges, to accelerate the energy transition.

Good Governance Africa argues that South Africa's budget speech ignores critical fiscal threats, including ballooning debt, a shrinking tax base, and extreme unemployment. The author criticizes the lack of a clear plan for private sector job creation and the insufficient attention given to climate change and the energy transition, specifically regarding the retirement of coal plants and the development of renewables.

In 2021, China's coal-fired power construction reached its highest level since 2016, with 33 GW of new capacity starting construction. Despite carbon neutrality targets, investment in long-process steel remains high, with China accounting for 85% of global new long-process capacity. The report warns that these investments lock in coal dependency and risk creating stranded assets valued at hundreds of billions of dollars. While there is growth in electric arc furnace (EAF) steel and renewable energy targets, the scale of new fossil-fuel infrastructure continues to outpace the transition needed to meet Paris Agreement goals.

The document analyzes Indonesia's energy landscape, highlighting a projected increase in LPG subsidies to IDR 66.3 trillion in 2022 and a decline in diesel subsidies. It examines the National Electricity Supply Business Plan (RUPTL) 2021–2030, noting that while it targets a 24.8% renewable energy share by 2030, coal remains dominant. The briefing also discusses the challenges of coal phase-out, the introduction of a carbon tax, and the gap between Indonesia's COP 26 commitments and its actual NDC targets.

The report profiles 12 private equity firms—including Blackstone, Carlyle, and KKR—detailing their substantial portfolios of oil, gas, and coal assets. It argues that these firms fuel the climate crisis and environmental injustice while their executives accumulate immense wealth and social prestige. The document provides specific examples of environmental violations, such as oil spills and methane leaks, and highlights the firms' tendency to avoid global climate pledges like those made at COP26.

The statement criticizes the City of Denver for supporting a settlement with Xcel Energy that delays the retirement of the Comanche 3 coal plant until 2035 and allows continued use of fracked gas for at least 40 years. The author contends that this agreement contradicts Denver's goal of 100% renewable electricity by 2030 and harms vulnerable Latino communities in Pueblo and North Denver who suffer from pollution-related health issues.

Earthjustice denounces AES Puerto Rico for two decades of coal ash pollution in Guayama, citing contaminated groundwater, increased chronic disease rates, and an ineffective remediation plan. The statement highlights the failure of the EPA and local authorities to enforce the Coal Combustion Residuals (CCR) rule and calls for the immediate removal of toxic waste and restoration of the South Coast Aquifer.

The document details the environmental and public health crisis in Guayama, Puerto Rico, caused by Applied Energy Services (AES) and its mismanagement of coal ash since 2002. It highlights the contamination of the South Coast Aquifer and the failure of both the EPA and local authorities to enforce the Coal Combustion Residuals (CCR) rule. The text criticizes AES's proposed remediation plan as a 'sham' and reports on efforts by Earthjustice and the U.S. House Natural Resources Subcommittee to hold the company accountable.