This likely comes as welcome news to the workers at the Valenciennes plant, as France's auto manufacturing sector has been hit especially hard in the auto industry downturn in Europe, which has
seen plant closures across the continent.
Not exact matches
CNBC's Eunice Yoon reports on China's once - prosperous industrial zones which are now
seeing manufacturing
plant closures and vacant factories.
Europe
saw a record 10 gigawatts of coal
plant closures in 2016, and countries including Austria, Denmark, Finland, France, Germany, and Portugal are working toward aggressive coal retirement schedules or, in the case of the UK, complete phase - out plans.
«Europe will need to
see a lot more coal
plant closures to protect its citizens» health and to respect the UN Climate Agreement struck in Paris.
Coal - fired generation in the UK is in freefall, and more
plant closures — as expected by the government — will
see this continue.
Three states — Ohio, Georgia and Kentucky —
saw the bulk of U.S. coal
plant closures in 2015.
Coal - fired power
plants, which have
seen a record number of
closures, are producing much less electricity.
Coal
plants that have not adopted a form of carbon capture and storage by 2023 will begin to
see their usage restricted, followed by complete
closure in 2025.