Climate campaigners have expressed relief after an application to turn more than 250 acres of greenbelt land near Newcastle into an opencast coal mine was blocked.
Edie 22nd Dec 2020 read more »
New investments in coal-fired power in developing economies in Asia are rapidly diminishing as governments implement clean energy policies and pressure from environmentalists intensifies. The policy changes touted by energy ministries and politicians in Vietnam, Indonesia, the Philippines and Bangladesh could mean that only 25 gigawatts of new coal-fired power generation projects will remain at the pre-planning stage. construction in 2021. That’s an 80% reduction from the 125 GW forecast five years ago, according to a report by the Global Energy Monitor. U-turns are in line with similar cancellations in India, where planned coal projects will drop to 30 GW, from 238 GW in 2015. “Taken together, the cancellations are a big blow to coal hopes in Asia,” GEM, a nonprofit, said in a new report reviewed by the Financial Times.
ExBulletin 23rd Dec 2020 read more »