Beijing’s mayor says the city of 11.5 million will adopt “extra” anti-smog measures this year, including a 30 percent decrease in coal consumption.
The Danish wind power giant Dong Energy, which last fiscal year generated almost $9 billion in revenues, plans to phase out coal from all of its power stations by 2023.
The potential closure of the largest coal plant in the American West is another sign that dirty coal is on its way out of our energy mix — and there’s nothing that Donald Trump can to do save this industry.
In Maryland, the state assembly just overturned Republican Gov. Larry Hogan’s veto of a clean energy jobs act — showing once again that the march toward clean energy will continue, despite what’s happening in Washington D.C. The bill received bipartisan support in both houses of the state legislature and is highly popular with voters.
A planned coal-fired plant in Bangladesh would be located near the world’s largest mangrove forest, which is home to endangered species such as the Bengal tiger. NGOs are furious, and an online petition urging citizens to pressure Rampal’s financial backers scored over 1 million signatures.
As of this week, Deutsche Bank will no longer offer new financing for coal mining or coal-fired power plant projects. The move comes at a time when big banks are under increasing pressure to divest from fossil fuels, particularly controversial projects such as the Keystone XL and Dakota Access pipelines.
The double-whammy of falling of electric vehicle costs, plus rapidly falling solar power prices, could slow the world’s demand for both oil and coal after 2020, according to a study released today by CarbonTracker.
Of the over 26 gigawatts of new energy capacity added in the U.S. last year, the vast majority came from renewables, according to the Federal Energy Regulatory Commission.
As state legislatures kick off new legislative sessions around the country, clean-energy policies will likely remain on the agenda, says Alli Gold Roberts of Ceres.
The World Bank says it wants to help developing countries mitigate climate change. But researchers from one NGO say the global financial lender funds far more fossil fuel projects than clean-energy initiatives in some of these nations.
President Donald Trump essentially green-lighted the controversial Keystone XL and Dakota Access pipelines last week. Environmental and human rights advocates vowed to keep fighting, and they’re calling on big banks to pull their funding of the projects.
Last week Ikea purchased its second wind farm in Alberta, Canada. The move brings the furniture and households retailer closer to its ultimate goal of energy independence by 2020.