Institute for Energy Economics & Financial Analysis: Coal Lock-in in Southeast Asia Presents a Challenge for the Asian Development Bank's Coal Retirement Plan
December 10, 2021
December 10, 2021
CLEVELAND, Ohio, Dec. 10 (TNSRep) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire them within 15 years through an energy transition mechanism (ETM). According to the Institute for Energy Economics and Financial Analysis' (IEEFA) latest report, if the ETM is not designed correctly, it co . . .
In August, the Asian Development Bank (ADB) announced an ambitious plan to buy high emissions coal-fired power plants in Southeast Asia and retire them within 15 years through an energy transition mechanism (ETM). According to the Institute for Energy Economics and Financial Analysis' (IEEFA) latest report, if the ETM is not designed correctly, it co . . .