All posts tagged: Coal exit


Coal, on its way out – Greece’s plans to phase out lignite are boosted by the pandemic

In September 2019, during the United Nations Climate Action Summit in New York, the Greek Prime Minister Kyriakos Mitsotakis pledged to phase out all coal-powered electricity production by 2028, making Greece a pioneer in the Balkans. This commitment is enshrined in the National Energy and Climate Plan (NECP) submitted by the Greek government to the European Commission end of 2019. The new government, in power since July 2019, revised the NECP and introduced more ambitious climate and energy targets (see blogpost on NECP). Daniel Argyropoulos has the details.

Read More

Amidst coronavirus, conditions in South Africa are ideal to fast-track renewables

As the South African government prepares to inject a stimulus package equivalent to 10 per cent of its GDP into the economy to aid recovery from the coronavirus recession, energy analysts say the time is right to fast-track renewable energy. More than state-funded investment, though, this will need political will and policy that builds private-sector confidence. Leonie Joubert reports.

Read More

To exit coal, Germany’s governing coalition digs a bigger hole

Just before summer break, Germany’s parliament finally committed to phasing out coal. But the conservative government’s plan doesn’t really call for meaningful shutdowns until 2023 as coal capacity slowly rolls offline through 2038. Instead, the law greenlights a large new coal plant while awarding billions of Euros in direct payments to the aggrieved coal operators and affected regional governments, directly ignoring key recommendations of the once celebrated Coal Commission. Though Angela Merkel’s ruling coalition and industry heaped praise upon it, environmentalists and opposition parties condemned the exit plan as a golden parachute for an already dying industry that won’t ensure the nation meets its Paris Climate Agreement commitments. Michael Buchsbaum has the details.

Read More