>>nxm+vP
They are already ramping down new construction and they are starting to replace older (less efficient) plants. It's quite likely that one of these last 3 years will have been peak coal in China. The bad news is: That's a lot of coal that being burned. The good news is: They are less reliant on "recouping costs", which means _those_ plants will be shut down as soon as that's feasible