Government representatives at COP26 will turn their focus to tackling the global economy's addiction to fossil fuels with a raft of new pledges aimed at curbing production and use of oil, gas and coal
Planned announcements are meant to help speed a transition to cleaner forms of energy that scientists and world leaders say are needed quickly to slash greenhouse gas emissions and avoid the worst impacts of climate change.
Among the announcements, Poland, Vietnam, Chile and other countries are expected to pledge to phase out coal-fuelled power generation and stop building new plants in a dealIt was not immediately clear if the deal would involve countries like China, India, Indonesia and Turkey, which have numerous new coal power developments planned.In September, China said it would stop funding overseas coal plants, although the pledge did not cover domestic projects.
More countries also may join the Beyond Oil and Gas Alliance, led by Denmark and Costa Rica. That effort commits members to phasing out fossil fuel production within their own borders, but it will not formally be launched until next week. Coal fires around 37% of the world's electricity, and a cheap, abundant local supply means the fuel dominates power production in countries including South Africa, Poland and India.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COP26 coal deals take aim at dirtiest fossil fuelPoland, Vietnam, Chile and other countries will pledge on Thursday to phase out coal-fuelled power generation and stop building new plants, in a deal the COP26 summit's British hosts said would commit 190 nations and organisations to quit the fuel.
Read more »
COP26 climate summit continues after landmark deal to ditch coalFollow CNBC's live updates from the COP26 summit, where world leaders are working to accelerate action on climate change.
Read more »
Indonesia could phase out coal by 2040 with financial help -ministerIndonesia could phase out coal-fired power plants by 2040 if the country gets sufficient financial help from the international community, its finance minister told Reuters on Tuesday.
Read more »
China coking coal futures track spot prices higher, jump over 14%Chinese coking coal futures rose for the first time in six trading sessions on Wednesday, surging more than 14% on big backwardation amid tight supplies, while coke prices also jumped.
Read more »
A coal mine, an unsolved murder: a woman’s fight for her mother’s legacyAs world leaders gather at COP26, we put a spotlight on the unsolved case of “Mama” Fikile Ntshangase, one of more than 200 environmental activists killed last year
Read more »
At COP26, more than 100 countries commit to reducing methane emissionsMethane is the second-largest contributor to climate change after carbon dioxide. This week at COP26, 100+ countries committed to reducing methane emissions – a commitment that could prevent 0.2 degrees Celsius of global warming:
Read more »