Coal power in the European Union is in a "death spiral," according to a report published Friday by the London-based think-tank, Carbon Tracker. Currently, more than half of the EU's 619 coal-fired power plants are cashflow negative.
Beijing -
China has definitely taken the lead globally in its effort to mitigate the effects of climate change, just recently beginning construction of the first of eight large-scale carbon capture and storage projects.
President Trump's announcement on Thursday that the U.S. was pulling out of the Paris climate pact hit the global community like a sledgehammer, and the reverberations are still being felt today. At least he made the coal sector happy.
Despite the great strides being made in embracing renewable energy sources, and the further belief by the majority of Americans that climate change is a real threat to the Earth, our president may still pull us out of the Paris Agreement next week.
The annual UN Environment Report came out on Thursday, and the news is not good. The report says that greenhouse gas emissions in 2030 will exceed what is required to keep global warming to an internationally agreed target.
An eye-opening new research paper indicates that the global agricultural sector is going to have to do more to reduce non-CO2 emissions by one gigaton per year by 2030 in order to meet the new climate agreement's plan to limit warming by 2°C in 2100.
Copenhagen -
Copenhagen is set to join the growing global divestment movement with its plan to sell off the coal, oil and gas assets of its 6.9 billion Krone (€1.29 billion) investment fund.
Paris -
Without a doubt, getting almost every nation on the planet to agree on anything would be a challenge, however, the COP21 meeting ended in an historic and unprecedented accord that had hinged on the meaning of a single word.
Lima -
UN climate talks in Lima, Peru went into an unscheduled 13th day on Saturday as delegates attempted to soothe some ruffled feathers created by a rift between rich and poor countries over who is more responsible for climate change.
