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The document criticizes the May 30, 2020, opening of the Datteln 4 coal power plant in Germany, alleging that Uniper and its parent company Fortum received significant financial support from BNP Paribas and the European Central Bank (ECB). It claims BNP Paribas provided USD 215 million to Uniper and USD 2.9 billion to Fortum between 2017 and 2019, and that the ECB continues to support Fortum through quantitative easing without considering climate impact.

The report argues that current green finance in China focuses too narrowly on individual assets and lacks robust monitoring, reporting, and verification (MRV) to prove additionality. It proposes a 'deep green' finance framework designed to overcome structural barriers to sustainability, such as the economic dependency of Shanxi on coal and the systemic transmission and tariff constraints affecting Sichuan's hydroelectric resources. The author suggests four tests for deep green finance and six recommendations for policymakers to align finance, policy, and market design to accelerate a systemic low-carbon transition.

The report finds that implementing a portfolio of flexibility resources and market reforms could reduce electricity costs by up to 13% and carbon emissions by up to 17% in Tamil Nadu. Key opportunities include leveraging electric vehicle charging, agricultural pumping, and retrofitting coal plants to operate at lower technical minimums. The study emphasizes that while demand flexibility is often the lowest cost, a combined approach with storage and powerplant flexibility provides the highest system reliability and carbon benefits. Integration into a wider India-wide market could further reduce system costs by an additional 6%.

Between January 1 and June 15, 2020, China experienced a surge in coal power development, with 17.0 GW of capacity approved and 40.8 GW planned. This trend is driven by local government efforts to stimulate GDP and economic growth following the COVID-19 pandemic, rather than actual energy demand. The report highlights that China already faces an estimated 400 GW of excess coal capacity, and this new expansion contradicts global trends and IPCC targets to limit warming to 1.5°C.

Between January 1 and June 15, 2020, China saw a significant increase in coal plant development, with 249.6 GW of capacity under development, a 21% increase over end-2019. This boom is driven by economic stimulus efforts to offset COVID-19 impacts and a relaxation of the central government's 'traffic light policy', despite an existing estimated 400 GW of excess coal-fired capacity. While some new plants are intended for long-distance transmission to the coast, the majority risk exacerbating the country's overcapacity crisis and hindering global climate targets.

The report analyzes the ECB's corporate asset purchase programs (CSPP and PEPP), finding that they provide significant financial support to companies active in coal, oil, and gas. It criticizes the ECB's lack of transparency regarding asset values and argues that the principle of 'market neutrality' creates an anti-climate bias by favoring carbon-intensive sectors. The author recommends that the ECB exclude fossil fuel companies without phase-out plans and align its monetary policy with the 1.5°C trajectory of the Paris Agreement.

The Centre for Environmental Rights submitted an updated expert report by Dr. Ranajit Sahu to the Minister of Environment, Forestry and Fisheries regarding Eskom's Kendal power station. The report identifies 2,851 exceedances of the atmospheric emission licence (AEL) limit for particulate matter between April 2016 and March 2020. The authors express concern over Eskom's reporting practices, alleging that contraventions are improperly coded as 'Grace' or 'Section 30' exceedances to avoid shutdown or service. The letter argues that these findings, along with a report by Dr. Andrew Gray on premature deaths, are relevant to the pending decision on Eskom's objection to a compliance notice.

The report finds that Eskom's Kendal Power Station recorded 2,851 exceedances of its 100 mg/Nm3 particulate matter (PM) limit between April 2016 and March 2020. Exceedances increased significantly in April 2018 and remained high, with January 2020 recording the highest monthly total of 151. The analysis indicates that existing electrostatic precipitators are failing, and the author recommends either shutting down the plant or rapidly retrofitting all six units with fabric filters to meet AEL and World Bank standards.

The report finds that the German government's proposed emission limits for coal power plants would lead to 26,000 attributable deaths and €73 billion in economic costs between 2022 and 2038. Implementing the best available techniques (BAT) for all plants would reduce deaths to 5,800 and costs to approximately €15.8 billion. The study also highlights significant mercury emissions under the government's plan, which would cause 1,100 deaths and 400,000 IQ points of neurological damage in children.

The Union of Concerned Scientists (UCS) finds that the average EV in the US produces global warming emissions equivalent to a gasoline vehicle achieving 88 mpg, making it cleaner than any new gasoline car available. This advantage is driven by the decreasing share of coal in the US electricity grid and improvements in EV efficiency, notably from the Tesla Model 3. The report highlights that 94% of the US population now lives in regions where an EV is cleaner than a 50 mpg gasoline car, compared to less than 50% in 2012.

The report argues that rate-regulated utilities use 'self-commitment' to bypass market merit order, running coal plants that are objectively uneconomic and passing the resulting losses to captive customers through state fuel-cost-recovery processes. Using PLEXOS modeling for the MISO region in 2018, the authors find that this practice cost customers $350 million and suppressed regional market clearing prices by 2.4%. The report identifies Cleco and DTE Energy as significant contributors to these distortions and recommends that state regulators disallow the recovery of imprudent, above-market costs to incentivize efficient dispatch.

The Centre for Environmental Rights submitted two expert reports to the South African government detailing severe particulate matter (PM) limit exceedances and associated health impacts at Eskom's Kendal power station. Dr. Ron Sahu's analysis found 2,712 PM exceedances between April 2016 and March 2020, noting that electrostatic precipitators are failing. Dr. Andrew Gray's report estimates that emissions caused between 61 and 144 premature deaths annually between 2018 and 2019 and severely exceeded WHO air quality guidelines for SO2, PM2.5, and NOx in the Highveld Priority Area, particularly affecting sensitive receptors like primary schools.

The report finds that Kendal Power Station had 2,712 PM exceedances between April 2016 and March 2020, with frequencies increasing threefold starting in April 2018. The author concludes that electrostatic precipitators are failing and recommends either shutting down the plant or retrofitting it with fabric filters to meet AEL and World Bank standards.

The Clean Air Task Force condemns the EPA's decision to reverse the finding that regulating mercury and air toxics from coal-fired power plants is 'appropriate' under the Clean Air Act. The organization argues that the Mercury and Air Toxics Standards (MATS) have been highly effective since 2012, reducing air toxics by 96 percent and avoiding 11,000 premature deaths annually. CATF warns that this reversal could lead utilities to disable existing emission controls, wasting ratepayer funds and increasing public health risks during the COVID-19 pandemic. The statement further claims the EPA's rule is biased, relying on outdated data and ignoring the health benefits of controlling most of the 80+ air toxics emitted by power plants.

South Korean state-owned financial institutions have invested US$5.6 billion in overseas coal-fired power plants since 2013, primarily in Vietnam and Indonesia. These investments face significant risks of becoming stranded assets as renewable energy costs drop and private lenders withdraw from coal. The document notes that new coal plants in Southeast Asia may operate for less than five years before becoming economically unviable. Additionally, the COVID-19 pandemic has disrupted construction schedules and reduced electricity demand. These trends conflict with the South Korean Democratic Party's Green New Deal, which calls for phasing out public coal funding. Specific high-risk projects include the Jawa 9 and 10 plants in Indonesia, for which US$232.5 million in funding is under consideration.

South Korean public finance institutions have invested $5.6 billion in overseas coal plants, primarily in Vietnam and Indonesia, creating a significant risk of stranded assets. This trend persists despite the Democratic Party's Green New Deal promising a phase-out of such financing and a global decline in private coal funding. The economic viability of coal is deteriorating as solar and wind power costs fall, with projections that renewables will be cheaper than existing coal in Southeast Asia by 2028. Additionally, the COVID-19 pandemic has depressed electricity demand and caused construction delays, further destabilizing these investments.

South Korean public financial institutions face up to $6 billion in stranded asset risks due to investments in overseas coal power plants, particularly in Indonesia and Vietnam. This trend contradicts the South Korean government's 'Green New Deal' policy to phase out public funding for coal. The economic viability of coal is declining as solar and wind power costs drop, and the COVID-19 pandemic has further disrupted construction schedules and reduced electricity demand. Specific high-risk projects include the Jawa 9 and 10 plants in Indonesia and the Bung Ang 2 plant in Vietnam. Meanwhile, private financial institutions and several Southeast Asian nations are increasingly transitioning away from coal toward renewables.

The Centre for Environmental Rights (CER) has written to Minister Gwede Mantashe seeking clarification on two draft determinations for new generation capacity. The CER questions whether the Minister has conducted or intends to conduct public participation as required for administrative actions affecting the public. Additionally, the CER seeks to determine if the proposed 1500 MW coal capacity allocation includes the 900 MW already appointed to 'preferred bidder' projects Thabametsi and Khanyisa, which would leave only 600 MW of new capacity available.

The report examines the Mongolian electricity sector's transition toward the Paris Agreement goals and the public health costs of coal power. It highlights that planned coal capacity expansions, particularly the Shivee Ovoo plant, would significantly increase premature deaths and years of life lost by 2050, while noting that Mongolia requires international financial and technical support to implement renewable energy and decouple heat and electricity supply.

The report finds that while global coal capacity grew by 34.1 GW in 2019, this was primarily driven by China, as capacity in the rest of the world continued to shrink. Global coal plant utilization hit a record low of 51% in 2019. The report highlights a shift in financing, with Western commercial banks largely exiting project finance for coal, while Japanese and Chinese public finance continue to support new developments. Significant retirements occurred in the US and EU, though some OECD nations like Japan and South Korea continue to develop new capacity.