Coal’s end will come sooner than Glasgow suggests - AntonyMCurrie -
More than $20 billion was committed during the United Nations COP26 climate summit in Glasgow to phasing out coal-fired power, the United Kingdom government said on Nov. 4.
On the same day, 77 signatories inked a non-binding agreement to stop using coal to generate energy. Among those were 46 countries, half of which made the pledge for the first time. Richer countries have agreed to cease using the fossil fuel by the 2030s and poorer ones by the 2040s. Some of the largest burners and exporters of coal, including China, India, the United States and Australia, were not signatories to the pact.
The Asian Development Bank said on Nov. 3 that Indonesia and the Philippines would be the first two countries to participate in its programme to buy and close coal-fired power stations early, and replace them with renewable energy.A coal-fired power plant is pictured near a construction site in Beijing, China, December 9, 2016.
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