For the era of coal to come to an end, all financial taps must be shut off – and alternative energy systems must be ready to meet demand in coal’s place.
In May 2021 the Asian Development Bank (ADB) made headlines around the world with the news to exit coal. This was seen as a victory for civil society, especially to the NGO Forum on ADB, an Asian-led network of 250 civil society organizations, and said to bring much-delayed justice for all the affected communities across Asia affected by coal projects.
Electricity fuelled by coal is experiencing a record decline. 2019 is expected to show the biggest fall yet, after decades of increases. An accelerated move away from coal is imperative to achieve the goals of the Paris agreement. Coal currently accounts for 38.5% of the global power mix and generates 46% of global CO2 emissions.
Around the world, 12.7 gigawatts (GW) of new coal capacity has been proposed so far in 2019 – less than 3GW above the amount that has retired (10GW). These trends mean the global coal fleet will soon decline, because only a third of proposed capacity has actually been developed since 2010.
Twenty-two states and seven cities sued the Trump administration on Tuesday over the Environmental Protection Agency’s new plan for power plants. The lawsuit alleges that the so-called Affordable Clean Energy rule would accelerate the impacts of the climate crisis and impose health and safety risks on Americans.
Germany generated significantly less electricity from coal-fired power stations in the first half of 2019, with output down by more than a fifth compared to a year earlier.
Total global coal capacity continues to inch up, but a peak is on the horizon. In the first half of 2018, retired capacity has nearly matched newly operating plants and the global pipeline for proposed coal is quickly eroding.
Around the world, as governments shift away from the coal that fueled two ages of industrial revolution, more and more mines are falling silent. If there’s an afterlife for retired coal mines, one that could put them to work for the next revolution in energy, it will have to come soon.
Global investment in coal-fired power plants is set to decline “dramatically” after passing an all-time high during the past several years, says the International Energy Agency (IEA). That’s one of the most striking messages from World Energy Investment 2017, published today (11th July). The report, now in its second year, offers a comprehensive picture of energy investment from fossil-fuel extraction through to transport, energy efficiency and power networks.
Greenpeace report urges improved transparency from Amazon, more engagement from all major internet companies to overcome resistance to renewable energy from monopoly utilities
The coal industry has achieved stunning growth in the last decade, largely due to increased demand in China. But big changes in China’s economy and its policies are expected to put an end to coal’s big boom.
A large spill of a chemicals used to remove impurities from coal occurred Thursday in Charleston, WV, contaminating the Elk River less than a mile upstream of the intake for the state’s largest drinking water treatment plant.