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China to stop building coal power plants abroad

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China to stop building coal power plants abroad

China’s pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts said, although Beijing’s own domestic coal program is still propping up the dirty fossil fuel

China’s President Xi Jinping has declared that his country stop building new energy projects abroad that use coal, a move that was immediately welcomed by the United States and the head of the United Nations’ climate change conference.

The announcement at the UN General Assembly could affect 44 coal plants earmarked for Chinese state financing, totalling $50 billion, according to Global Energy Monitor, a U.S. think tank.

That has the potential to reduce future carbon dioxide emissions by 200 million tonnes a year, the think tank told Reuters.

Environmental groups said it would force big coal financiers like the Bank of China, linked with 10 gigawatts of overseas coal power capacity, to draw up a timetable to withdraw from the sector.

Beijing is the largest source of financing for coal power plants globally

Xi’s announcement will have a far-reaching impact on coal power expansion plans in countries like Bangladesh, Indonesia, Vietnam and South Africa.

However, Xi’s carefully worded statement revealed few details and left room for existing projects to continue.

There are already more than 20 Chinese financed coal-fired power units under construction in the world, according to data from the Boston University Global Development Policy Center.

Another 17 are in the planning stage.

The new commitment also doesn’t address China’s plans to expand its own coal-fired power plants.

According to a report published by a European think tank, China’s domestic program accounts for more than half of all the coal-powered plants under construction through the world.

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Delta flight crash in Toronto, eight injuries reported

Delta flight crashes at Toronto airport, injuring eight; all passengers and crew accounted for, one in critical condition.

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Delta flight crashes at Toronto airport, injuring eight – all passengers and crew accounted for, one in critical condition.

In Short

A Delta flight crashed at Toronto Pearson International Airport, leaving eight people injured, with one in critical condition. All passengers and crew have been accounted for.

The incident occurred on Monday as the plane arrived at the airport.

Images show the aircraft upside-down on the snow.

The flight had originated from Minneapolis.

Peel Regional Police report that eight people were injured in the crash.

One person is listed as critical with non-life-threatening injuries, while seven others have moderate to mild injuries.

Authorities stated that all passengers and crew members have been accounted for.

The flight had originated from Minneapolis.

Further details are not currently available.

This is an ongoing story, and updates will be provided as more information comes in.

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Trump State Department angers China by removing Taiwan phrase

China criticises Trump officials for removing U.S. statement opposing Taiwan independence, calling it a detrimental signal to independence advocates.

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China criticises Trump officials for removing U.S. statement opposing Taiwan independence, calling it a detrimental signal to independence advocates.

In Short

The Trump State Department removed a key phrase about Taiwan relations from its website, causing outrage in China. Despite this, a spokesperson reaffirmed the U.S. position on Taiwan remains unchanged and underscored the commitment to peace in the region.

Previously, the State Department’s fact sheet stated that the U.S. did not support Taiwan’s independence.

This phrase was deleted last week, prompting Chinese officials to demand an immediate correction, asserting it sends the wrong signal to pro-independence forces in Taiwan.

In response, a State Department spokesperson clarified that the U.S. stance on Taiwan remains unchanged.

The U.S. is dedicated to maintaining peace and stability in the Taiwan Strait and opposes any unilateral changes to the status quo from either side.

The spokesperson also emphasised support for cross-Strait dialogue, with an expectation that differences should be resolved peacefully.

Chinese President Xi Jinping – Reuters

Sole government

The relationship between the U.S. and Taiwan has long been complex, as the U.S. adheres to the “One China” policy. This policy acknowledges Beijing as the sole government of China while not explicitly affirming its claim to Taiwan.

Due to this understanding, the U.S. does not maintain formal diplomatic relations with Taiwan, which is reflected in the absence of a U.S. embassy on the island.

China’s response highlights the ongoing tensions over Taiwan’s status and the delicate nature of U.S.-China relations. Overall, the situation underscores the challenges that arise from differing perspectives on Taiwan’s future.

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Musk claims Social Security database lists improbable ages

Elon Musk claims millions listed as over 100 in Social Security database raises questions about potential fraud and inefficiencies.

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Elon Musk claims millions listed as over 100 in Social Security database raises questions about potential fraud and inefficiencies.

In Short

Elon Musk questions the accuracy of the Social Security database, alleging millions are wrongly recorded as over 100 years old. He highlights inconsistencies and suggests the system may be the largest fraud in history while Democrats protest outside the agency.

In a recent post on X, Musk highlighted that the database includes individuals with ages listed as high as 360. He shared a chart illustrating that over 20 million entries are for those aged 100 and above, despite the U.S. Census Bureau reporting just over 80,000 individuals in this age group based on the 2020 census.

Democratic lawmakers recently protested outside the Social Security Administration, expressing concerns over potential spending investigations involving DOGE. Musk’s comments on the age discrepancies have added to the controversy, as he jokingly suggested the existence of vampires collecting benefits.

Musk also noted significant inconsistencies in payment files between the Social Security Administration and the Treasury, characterising the system as chaotic and difficult to understand. He emphasised that there appear to be more eligible Social Security numbers than there are US citizens, calling it potentially the largest fraud in history.

These remarks come as President Donald Trump has appointed Musk to lead the Department of Government Efficiency, aimed at identifying waste and fraud within federal agencies.

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