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CoalWire 378, July 22, 2021

US climate envoy singles out coal; US utility to close Ohio plant 5 years early; Floods increase pressure on Germany; Indian regulator opens door for distribution utilities to dump old contracts; International Energy Agency warns of coal generation rebound.

CoalWire 377, July 15, 2021

AES announces end for Chilean plant; Sri Lankan renewables boost may hit coal plans; ArcelorMittal announces Spanish green steel project.

CoalWire 376, July 8, 2021

Three Philippines coal plants dropped; global business lobby group flags coal-free supply chain; US crop yields climb after coal closures; huge methane plume over Australian coal field.

CoalWire 375, July 1, 2021

North Macedonia sets 2027 coal end date; Chile’s lower house votes for 2026 coal exit; Banks Group gives up on UK project; US coal port plan dead.

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.