Chile just made a pledge to eradicate coal by 2040
Although Chile represents a mere 0.25% of global emissions, the country is one of the 10 most vulnerable nations to climate change. It doesn’t help that Chile’s economy is heavily dependent on coal. But now with the annual UN climate talks coming to Chile this December, the South American Read More...
Not even a coal-loving leader can stop the rise of renewables in Australia
Although the current Prime Minister of Australia continues to push coal power in the Land Down Under, state leaders have different plans that won’t let Australia continue to spew greenhouse gasses into the atmosphere. The states of Queensland and Victoria, for instance, have renewable energy Read More...
The coal-to-clean transition is a job boomer across the US
A common argument for the renewable revolution is that clean energy sources like wind and solar put far less of a burden on the environment than burning fossil fuels. But increasing investments in the renewable energy sector has another strong point: it can significantly foster job growth. In the Read More...
Coal is giving way to renewables in India’s energy future
Coal is increasingly falling out of favor as a potential energy source in India. Despite being the world’s second-largest producer and importer, the fossil fuel is becoming less attractive to potential investors because it's too expensive relative to renewable energy alternatives such as wind and Read More...
Australian court rejects construction of coal mine over climate concerns
Australia has been one of the slowest nations when it comes to ditching coal, but now it seems they're getting with the program. Recently, a landmark ruling rejected the construction of a coal mine because of its potential impact on the environment. The ruling represents the first time a new coal Read More...
Britain’s CO2 emissions have fallen once again
According to the latest statistics, the mass closure of coal-fired power stations in the UK has helped reduce the country’s greenhouse gas emissions. Britain’s emissions were 2.7 percent lower than in 2016, and 42.1 percent lower than in 1990. On top of that, coal use for electricity 27 percent Read More...
Norway to go ahead with biggest coal divestment yet
The fossil fuel divestment movement, which has been taking off since the beginning of this year, just received its biggest boost yet. Norway’s Parliament agreed to sell off all coal investments from its $900-billion sovereign wealth fund. The move will affect some 122 companies to the tune of Read More...
Divestment from coal is good business for French insurance giant Axa
The international fossil fuel divestment movement has been growing steadily, ahead of the U.N. Climate Summit in Paris later this year. The most recent announcement comes from French insurance giant Axa, who is slated to sell $559 million of its coal investments, while having committed over $3 Read More...
China cuts its coal imports by almost half in 12 months
China is the world’s biggest carbon emitter. It has also been the biggest consumer of coal so far. The news that China’s imports of coal dropped by 42% in the first quarter of this year compared with the same period last year should prick up everybody’s ears. China’s economic slowdown is Read More...