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<oembed><version>1.0</version><provider_name>Climate Change Dispatch</provider_name><provider_url>https://climatechangedispatch.com</provider_url><author_name>Thomas Richard</author_name><author_url>https://climatechangedispatch.com/author/ccdeditor/</author_url><title>Forget Paris. Asia Building 500 New Coal Power Plants (This Year Alone)</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="WVuLn0MY6R"&gt;&lt;a href="https://climatechangedispatch.com/forget-paris-asia-building-500-new-coal-power-plants-this-year-alone/"&gt;Forget Paris. Asia Building 500 New Coal Power Plants (This Year Alone)&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://climatechangedispatch.com/forget-paris-asia-building-500-new-coal-power-plants-this-year-alone/embed/#?secret=WVuLn0MY6R" width="600" height="338" title="&#x201C;Forget Paris. Asia Building 500 New Coal Power Plants (This Year Alone)&#x201D; &#x2014; Climate Change Dispatch" data-secret="WVuLn0MY6R" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>The shine is coming off once bright prospects for natural gas as the future fossil fuel of choice in Asia as power companies in India and Southeast Asia tap abundant and cheap domestic coal resources to generate electricity. In Asia alone this year power companies&nbsp;are building more than 500 coal-fired plants, with at least a thousand more on planning boards. "Coal is still the cheapest and the fuel that most Asian countries will use," said Loreta G. Ayson, undersecretary at the Philippine Department of Energy. --Florence Tan and Henning Gloystein, Reuters, 3 November 2015 Fracking and other new drilling techniques can nearly double the available supplies of oil and gas in the next 35 years, according to BP. In a report published yesterday, the oil major says that this impending glut of hydrocarbons has demolished fears that the world is running out of oil. Mr Eyton added: "Energy resources are plentiful. Concerns over running out of oil and gas have disappeared." --Robin Pagnamenta, The Times, 3 November 2015</description><thumbnail_url>https://climatechangedispatch.com/wp-content/uploads/images_pics8_Coal-fired_2.jpg</thumbnail_url></oembed>
