Cheap renewable energy is killing India’s coal-based power plants
Renewable energy prices in India are crashing, leaving coal-based power plants in the country financially unviable in their wake.
No coal
HSBC to stop financing most new coal plants, oil sands, arctic drilling
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.
The U.K. goes 55 hours without using coal for the first time in history
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.
U.K. carbon emissions down to 1890 levels
The data marked the fifth successive year in which the amount of carbon dioxide pumped into U.K. skies has fallen, and emissions are now 38 per cent below the level of 1990.
Renewables overtake coal in European electricity supply
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.
France to shut all coal-fired power stations by 2021, Macron declares
The 2021 goal sets a more aggressive target than the timeline advanced by Mr Macron’s predecessor, Francois Hollande, who sought to shut down the country’s coal-powered plants by 2023.
Banking giant Lloyd’s of London to divest from coal over climate change
Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.
China launches ambitious five-year plan to convert homes to clean heating
If successful, China’s clean heating plan could decrease the amount of coal burned by the nation by 74 million tonnes (81 millions tons) by 2019 and 150 million tonnes (165 million tons) by 2021.
Australia’s Newcastle Port, the world’s biggest coal export port, announces shift away from coal
The new chair of Newcastle Ports in Australia says there’s an urgent need to diversify the regional economy and the port’s business.
Denmark commits to ending its reliance on coal for electricity by 2030
This year, at the annual COP23 climate conference, Denmark renewed its pledge to end its reliance on coal for the purposes of producing electricity by 2030.