Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn An artist's rendering of the Emba Hunutlu coal plant Credit: EMBA In Turkey, on the northeastern edge of the Mediterranean, a massive effort is underway to build a 1,320-megawatt coal power plant. The Emba Hunutlu power station, according to activists working to halt its construction, will pollute the air and destroy the habitat of a nationally protected sea turtle species. What’s more, once the project is finished, the rising price of coal might prevent it from ever becoming economically viable. Nevertheless, three Chinese state banks — the China Development Bank, the Industrial and Commercial Bank of China (ICBC), and Bank of China — are financing the project with a loan worth more than $1.3 billion. And Shanghai Electric Power, a Chinese state-run power company, is building it. “Chinese finance is quite appealing and tempting to Turkey these days because of current economic issues and the country’s search for new sources of finance,” says Ozlem Katisoz, the climate and energy policy coordinator for Turkey at Climate ActionSubscribe, register or login to read the rest. Registered users can access a limited amount of content for free.Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.