Four in five EU coal plants losing money
A whopping 79% of coal power plants in the EU are unprofitable, a new study by Carbon Tracker has uncovered, with the sector facing loses of ‚Ç¨6.6bn (£5.7bn) this year alone.In a report published today, the think tank urges investors and policymakers to prepare for a “complete phase-out“ of coal by 2030 amid competition from low-cost wind, solar and gas. It claims that t
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Limiting global warming to 2°C above pre-industrial levels is now possible if all nations honour the climate pledges made at the Glasgow COP26 conference last year, a new study has found.
Dr Barbara Buchner, global managing director of Climate Policy Initiative, tells Chris Seekings about the urgent need to raise climate finance for developing nations, and how far we are from the US$100bn goal