UN Secretary-General’s Special Envoy for Climate Action Michael Bloomberg has announced Beyond Carbon campaign to close the United States’ fleet of coal plants and halt new gas plants.
The move would slash the share of coal within the electricity grid from 40% to 20% in five years, with a view to phasing out the fuel completely by 2040.
Estimates suggest 2018 was the first time there has been a reduction in coal-fired power capacity across the world since the industrial revolution.
America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate more electricity than coal during the month of April.
RWE, one of Germany’s “big four” utilities, has cancelled plans for the BoAplus lignite coal-fired power station and promised to cease investing in new coal generation capacity.
Coal-burning power plants will get the axe in 2020, and all other coal-burning in Puerto Rico will be eliminated by 2028.
The UK had a coal free weekend over Easter, breaking the previous record which was set in April 2018. The coal free period lasted for 90 hours and 45 minutes.
The Navajo Nation voted not to pursue the plan to operate the coal-powered Navajo Generating Station itself, but rather to create a new local economy based on renewable energy.
211 gigawatts of current US coal capacity, 74% of the coal fleet, is providing electricity that’s more expensive than wind or solar. By 2025, nearly the entire US coal system will be out-competed on cost by renewables.
The Finnish Parliament approved a motion last week to bring forward its ban on coal for energy use to May 1, 2029, bringing the country in line with the majority of the European Union in walking away from coal-fired power.
Germany, one of the world’s biggest consumers of coal, will shut down all 84 of its coal-fired power plants over the next 19 years to meet its international commitments in the fight against climate change, a government commission said.
The U.S. Energy Information Administration also believes that around 13.7 GW of coal was retired in 2018 — the second-highest amount of coal capacity retired in a year.
Green energy’s share of Germany’s power production has risen to over 40% from 38% percent in 2017 and just 19% percent in 2010.
Every unprofitable coal mine in the European Union must cease production by the first day of 2019, the date on which all public funds for the mines will come to an end.
In 2018, 42% of the world’s coal-fired power stations are running at a loss and by 2030, in virtually every case (96%) it will be cheaper to build new renewable energy capacity than to keep coal plants running, according to a new study.
A coalition of investors managing over US$5.6 trillion in assets joined a coalition of more than 70 large food companies in calling for zero deforestation in Brazil’s Cerrado region.
Japan’s Marubeni Corp said it would no longer start new coal-fired power plant projects and will halve its net coal power generating capacity of about 3 gigawatts (GW) by 2030.
Banking giant will no longer finance coal-fired power stations or thermal coal mines in support of Paris Agreement goals
RBS said it would no longer directly finance new coal-fired power stations or thermal coal mines, oil sands or Arctic oil projects and unsustainable vegetation or peatland clearance projects.
Within a year of eight coal- and oil-fired power plant retirements, the rate of preterm births in mothers living close by dropped, finds new study on air pollution.
Renewable energy prices in India are crashing, leaving coal-based power plants in the country financially unviable in their wake.
Europe’s largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oil sands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.
No coal was used for power generation by stations in the U.K. between 10:25 p.m. in London on Monday until 5:10 a.m. on Thursday.
The group, called Students for Carbon Dividends, also includes Democratic students and environmental groups from ivy leagues like Harvard, Yale, and Princeton. And it supports one specific climate change policy that calls for taxing carbon emissions.
Good wind conditions and huge investment into wind energy have helped the European Union generate more electricity from renewable energy sources like wind, solar and biomass than from coal in 2017, a new study has shown.