China pledges to stop building new coal-fired power plants abroad

President Xi Jinping made the announcement during the 76th session of the UN General Assembly via video, pledging to ‘step up support’ for green and low carbon energy projects in developing countries

COP26 President pushes the button for end of Yorkshire coal

The two chimneys and boiler house at SSE’s Ferrybridge coal power station in Yorkshire have been demolished

HSBC plans to phase out coal financing by 2040

Its resolution, which will need the support of 75% of shareholders, includes a commitment to set a clear, science-based strategy with short and medium term targets

National Grid ESO joins Powering Past Coal Alliance

Members of the Alliance commit to taking actions such as setting targets to phase out coal and committing to no further investments in coal power

SSE to close unit at Fiddler’s Ferry coal power station

That will take the capacity of the power station from 1,995MW to 1,510MW in total

IEA: Global carbon emissions hit record high in 2018

That was a result of higher energy consumption, which increased at nearly twice the average rate of growth since 2010

New York fires up support for Powering Past Coal Alliance

The initiative was launched by the UK and Canada last year, with governments and businesses committing to take action such as setting coal phase-out targets

Allianz pledges to cut back on insuring coal companies

It plans to phase out both its proprietary investments in coal-based business and its insurance coverage of such risks by 2040

Chile agrees to phase out coal power plants

Chile is to ban the development of new coal-fired power plants. The nation’s Energy Ministry and electric power generators’ association Asociación de Generadoras have agreed to not build any new coal plants without carbon capture and reduction technologies. The companies, which include Enel, ENGIE and AES, have also agreed to form a joint working group, […]

EU investigates Spain’s support for coal power plants

The European Commission has launched an investigation to assess Spain’s “environmental incentive” for coal power plants. The Commission is concerned the support has been used to meet EU environmental standards that were in any case mandatory. In 2007, Spain introduced a scheme to support the installation of new filters in existing coal plants to reduce […]