New York to divest massive pension fund from fossil fuels
Environmental activists won an incredible victory this week after the state of New York announced it will divest its $226 billion pension fund from fossil fuels. New York state has the third-largest pension fund in the US, with more than $12 billion having been invested in fossil fuels. In fact, Read More...
Clean energy revolution: Philippines to stop building new coal power plants
Currently, coal is the dominant source of energy in the Philippines, with more than 41 percent of the country’s economy relying on dirty fossil fuel. That may soon change though, as the Filipino government recently announced that it will no longer accept proposals to build new coal power plants, Read More...
England says goodbye to one of the country’s last remaining coal mines
The doom of coal is on its way in England as the country prepares the closure of one of its last remaining coal mines located in the north of the country, only two months after another nearby mine ended its coal production. Banks Group, the owner of the surface mine, applied for permission to Read More...
North Dakota’s largest power station is ditching coal for wind energy
Coal energy can’t seem to catch a break these days. In the past month, we’ve shared stories about both Sweden and Austria closing the last of their coal-fired power plants. All the while, the US has seen renewables overtake coal as America’s leading power source for a record-breaking 40 days Read More...
Austria phases out coal from its energy production
In a win for the planet, Austria has officially shut down its last coal-fired power plant as part of a broader plan to end the use of fossil fuels for energy production by 2030. The plant stopped operating on Friday, after providing heat and electricity for the nearby city of Graz for 34 years. Read More...
How adventure tourism provided a lifeline to struggling coal towns
Although we staunchly support the transition away from coal energy, we cannot ignore the struggles of the many communities that have long relied on coal mining. Fayetteville, West Virginia, is just one of the many towns within Appalachia to be hit hard by the transition from fossil fuels to Read More...
This Chinese utility's finances show how much cheaper solar is than coal
Electricity giant China Power’s figures for the first half of 2019 have demonstrated the economic take-off of solar power in the country. The Hong Kong based company reported higher earnings from coal-generated electricity than solar, however, when profits from photovoltaic (PV) systems were Read More...
Chubb becomes America’s first insurance company to step away from coal
US insurance giant Chubb Limited just announced new policies when dealing with coal, and it’s not going to make friends of the fossil fuels industry happy. The company announced it no longer will underwrite the construction and operation of new coal-fired plants or new risks for companies that Read More...
Renewables can officially generate more power than coal in America
The clean energy revolution is on the verge of a tipping point. That’s the verdict at least after a new report found that the renewable energy sector had slightly more installed capacity than coal in April. That means US power plants can produce more energy from clean sources than coal for the Read More...
For the first time India is investing more in solar than coal
India is home to the world's second largest population and uses more and more power as it grows in size and wealth. It's also the third largest national contributor to greenhouse gasses, after China and the U.S. This tells us that whatever is happening in India matters on a global Read More...