China’s coal-fired export ban was cheered by the West. Then came the massive blackouts

In 2021, when Beijing finally pledged to stop building and financing new coal power plants overseas, Western governments and climate advocates rejoiced. John Kerry, US climate envoy at the time, said he was “absolutely delighted to hear” of the decision. It is “a key topic of my discussions during my visit to China”, Alok Sharma, a member of the British House of Lords, wrote on social media, suggesting it was a result of pressure from the West. But now, from Chile to Spain to Portugal, country...