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CoalWire 276, May 23, 2019

Indonesian coal developer bemoans funding drought; automation to hit mining jobs; Eskom’s woes grow.

CoalWire 275, May 16, 2019

UN head says no new coal after 2020; Philippines ruling casts doubt over 7 new plants; UK coal-free records keep tumbling.

For the sake of the climate, there needs to be a global campaign to reduce China’s coal

There is a popular brain-teaser question in China: How many steps do you need to put an elephant into a refrigerator? The answer is three steps: first, open the door of the refrigerator; second, put the elephant into it; third, close the door.

CoalWire 274, May 9, 2019

Indonesian utility head named as corruption suspect; ex Malaysian PM on trial; Italian insurance company says no on Polish mine; Norwegian fund dumps more coal.

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.