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US and Chinese companies dominate list of most-polluting coal plants

Author: Damian Carrington, Guardian (UK), Published on: 13 March 2015

The 100 global power companies most at risk from growing pressure to shut highly polluting coal plants have been revealed in a new report from Oxford University.

Chinese companies dominate the top of the ranking but US companies, including Warren Buffett’s Berkshire Hathaway, occupy 10 of the top 25 places.

The analysis, produced to help investors assess the risk of major financial losses, also found French energy giant GDF Suez was third in the list of most polluting coal station fleets in the world.

Coal currently provides 40% of the world’s electricity and three-quarters of this is produced by the most-polluting, least-efficient and oldest “sub-critical” coal-fired power stations...

The new analysis ranked the companies by how much electricity they produced from sub-critical plants. [Note: Business & Human Rights Resource Centre invited the top 20 companies by energy generation from sub-critical coal to respond]

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Related companies: AES Ameren American Electric Power China Guodian China Huadian China Power Investment China Resources Enterprises China Shenhua Energy (part of Shenhua Group) Datang International Power Generation Duke Energy E.ON Edison International Eskom Huaneng Power International NRG Energy NTPC RWE Southern Company State Grid Corporation of China Vattenfall