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CoalWire 368, May 6, 2021

US utility to shut 6000 MW of coal plants by 2035; Philippines project abandoned; Australian mine plan scrapped; conversion plans for Engie’s Chilean coal plants.

European Union carbon price soars; South Korea ends support for new overseas coal plants; Greece brings coal end date forward; another Japanese coal plant cancelled; Queensland agency recommends rejection of coal mine.

CoalWire 366, April 22, 2021

China, US and Japan flag more ambitious targets; Japanese coal plant abandoned; Australian mine defeated.

CoalWire 365, April 15, 2021

Legal action against Belgian bank over fossil fuel bonds; Indonesian businessman arrested in coal mine investigation; Dow Jones dumps Adani Ports from sustainability index; Anglo American pays to offload its South African coal mines.

Webinar Invitation for New Report on BRI Investments from Friends of the Earth US

Friends of the Earth US is pleased to publish a new report assessing the environmental and social performance of Chinese banks’ investments in Belt and Road countries. The report, “Investing in a Green Belt and Road? Assessing the Implementation of China’s Green Credit Guidelines Abroad,” examines Chinese overseas investments through the lens of the Green Credit Guidelines, a 2012 Chinese bank policy which obligates banks to comply with host country law and international norms and standards in overseas investments.

New reports : Who are the banks and investors still financing coal plant development ?

BankTrack, urgewald, FoE France, Rainforest Action Network and Re:Common, with the support of 16 partners around the world, have just launched this morning two new reports revealing who are the banks and investors still financing the top 120 coal plant developers identified by urgewald in the Global Coal Exit List, and responsible for 2/3 of the global coal plant pipeline.

[DCJActivists] The Big Bad Fix – The Case Against Geoengineering

he report warns that political and economic elites in key emitting countries are turning to geoengineering as a would-be technological fix for the climate crisis, at the same time they refuse to break with an economic model based on fossil fuels and high emissions.

New report on public financing for coal and renewables projects

One year after the Paris Agreement entered into force, are countries really shifting their financial flows to be consistent with a low-greenhouse-gas-emissions future? Our latest report, Power Shift, compares G20 governments’ financing for coal projects and renewable energy projects abroad. Our findings indicate that countries are still financing more coal than renewables projects abroad. Some progress has been made in shifting flows away from dirty energy like coal and into clean energy projects like solar and wind, but more needs to be done.