Natural gas losing its shine as Asia holds faith in coal power



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The Japan News

At the same time, costs for solar, wind and other renewables are falling, and countries are stepping up investments, eating away more of natural gas’ portion of the market.

China, in particular, added nearly as much wind capacity as the rest of the world in 2014, according to the latest annual report from the Global Wind Energy Council, and India is also investing heavily in renewable energy.

Renewables are attractive as an offset to the carbon emissions and pollution associated with coal, and also because they help reduce import bills for expensive fossil fuels.