China could save $1.6 trillion by replacing coal with clean energy, report finds

China could stand to benefit economically if it can successfully replace coal with renewable energy, according to a report by financial analytics company TransitionZero. The study looked at the costs, or savings, that the Chinese government would incur if it replaced its existing coal-fired power plants with zero-carbon alternatives.
Read more: https://www.cnbc.com/2021/04/23/china-could-save-1point6-trillion-by-moving-away-from-coal-report.html?source=Snapzu