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Power plant polluting

New York to fine fossil fuel companies $75 billion under new climate law

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New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law at the end of 2024.
New York state will fine fossil fuel companies $75 billion over the next 25 years to pay for damage caused to the climate. The new law is intended to shift some of the recovery and adaptation costs of climate change from individual taxpayers to oil, gas, and coal companies. The money raised will be spent on mitigating the impacts of climate change, including adapting roads, transit, water and sewage systems, buildings and other infrastructure. Fossil fuel companies will be fined based on the amount of greenhouse gases they emitted between 2000 and 2018.

Coal

Indonesia aims to phase out all coal-fired and fossil fuel power plants by 2040

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Indonesian president Prabowo Subianto has announced his country will seek to phase out all coal-fired and fossil fuel power plants by 2040, pairing the goal with a target to build over 75 GW of renewable energy capacity over the same period. This brings forward Indonesia’s goal of retiring coal-fired power plants from 2056 to 2040. As the world’s fifth-largest operator of coal-fired power capacity at 52.3 GW, Indonesia’s promise to transition completely away from coal could serve as a pivotal step towards global decarbonization if implemented as planned.

Good news for British climate action

Britain’s reliance on coal-fired power set to end after 140 years

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Home to the world’s first coal-fired power station, opened in London in 1882, the U.K. is set to be the first G7 country to stop using coal to generate electricity, one year earlier than first set out by the previous Conservative government in 2015. In the coming weeks, it will officially close the lone remaining coal-fired plant in the country, a station known as Ratcliffe, near the city of Nottingham.

Coal

Share of coal in Australia’s main grid falls below 50% for first time

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The share of coal has remained stubbornly high over the past decade, and still remains at more than 56% over the last 12 months, though down from its peaks of nearly 90% in the early 2000s. But over the past week, in the midst of strong winds across the south of Australia and the continuing growth of rooftop solar, the average share of coal generation in serving native demand on the main grid fell to 49.9%, according to industry observer Geoff Eldridge, of GPE NEMLog.

Coal

Alberta’s last coal plant closes

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Capital Power’s Genesee 2 facility — the last dedicated coal plant in the Canadian province — has officially gone offline. According to the latest forecast from the Alberta Electric System Operator (AESO), it’s not expected to come back online ever. As recently as 2001, coal accounted for as much as 80% of the electricity on the province’s grid.

Coal

Coal’s share of power capacity in India drops below 50% for first time since 1960s

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India is rapidly emerging as a renewable energy powerhouse on the world stage with a surge in both capacity addition and tendering to add more plants, according to new research. Renewable energy accounted for 71.5% of the record 13,669 MW power generation capacity added by India in the first quarter of 2024, while coal’s share of total power capacity dropped below 50% for the first time since the 1960s.

Coal pollution

G7 agree to close all coal-fired generating stations by 2035

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Energy ministers from the G7 countries — Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union — agreed at a meeting in Turin, Italy, to close all coal-fired generating stations in their countries by 2035 if not sooner. Putting an end date on coal — the most polluting of all fossil fuels — has been highly controversial at international climate talks. Until this point, Japan, which derived 32% of its electricity from coal in 2023 according to the climate advocate Ember, has blocked progress on the issue at past G7 meetings.

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Solar generates more power than coal in Texas for first time ever

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Solar generation in Texas was 3.26 terawatt hours (TWh) in the month of March, beating the 2.96 TWh sent out by coal-fired generators. It’s the first time solar has beaten coal over a whole month in Texas, the largest user of coal for power generation of any state in the U.S. The share of coal generation in Texas is now declining rapidly, from 40% more than a decade ago and 30% in 2017 to 13.9% in 2023.

Power plant polluting

Germany shuts down seven brown coal power stations at end of winter

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Seven coal-fired power stations in Germany were shut down over Easter as the need for the power declined, power generators RWE and LEAG say. Five had been taken out of the reserve by the German government to cope with a shortfall in gas supplies through the winter, and a further two had been allowed to continue operating after their scheduled shutdown date, the companies said.

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