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CoalWire 257, December 6, 2018

Rising loses for Chinese utilities; US ‘clean coal’ scam; former Indian coal officials convicted.

Follow the (Taxpayer) Money: Introducing the Global Coal Finance Tracker

Two months after the IPCC special report Global Warming of 1.5°C, and with the start of the COP24 climate conference in Poland, the world is watching to see if countries will shift from expanding to retiring the global fleet of coal-fired power plants. In order to shine light on government financial support for coal plants, CoalSwarm has developed a new tool, the Global Coal Finance Tracker.

New Global Coal Finance Tracker

PRESS RELEASE

Contact:

Ted Nace, CoalSwarm, (510) 331-8743 or [email protected]

Christine Shearer, CoalSwarm, (714) 514-1889 or [email protected]

New Global Coal Finance Tracker Shows Aggressive Push By China, Japan, and South Korea to Build Coal-fired Power Plants in Developing Nations

LINK TO DATABASE

SAN FRANCISCO, California.

CoalWire 256, November 29, 2018

Taiwan referendum reveals hostility to coal; renewables overtook coal in 2017; Eskom estimates annual death toll of 333.

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.